MICHAEL J. LAURIA

Michael Lauria was first introduced to real estate during his time as an apprentice at a telecommunications company. Needing to work odd jobs to supplement his income, older colleagues and electricians urged him to get involved in the real estate industry. Intrigued by their suggestion, he purchased an educational program from a real estate TV infomercial and was able to learn what he needed to get started... Less than a year later, Michael J. Lauria purchased his first property-a condominium within the Back Bay of Boston. His first tenant was the previous owner who didn't have a place to live after selling the building. He immediately began making money from the property but also purchased a small equity loan to make renovations as needed. The investment allowed him to pay off bills and earn a passive income. In 1999, with the money his investment produced, he founded COMTEL, Inc.