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Bogdan Iordache

About Me

I’m Bogdan Iordache, an entrepreneur from Romania working primarily in real estate, technology, and business automation.

I run a residential real estate business, but much of what I actually do goes beyond traditional real estate. I spend a significant amount of my time designing the systems behind the business — automating repetitive work, improving operational processes, building internal tools, and finding ways to make the company function with fewer unnecessary manual decisions.

That way of thinking extends well beyond work.

I’m naturally interested in understanding how systems work, identifying what creates friction, and redesigning things that don’t make sense to me. I tend to question processes that exist simply because “that’s how it’s normally done.” If something happens repeatedly, my first instinct is usually to ask whether it can be simplified, automated, or eliminated entirely.

I make most decisions by looking at trade-offs rather than searching for a theoretically perfect answer. Time, friction, cost, control, probability, and long-term return all matter to me. I would rather build something simple that works reliably than something perfect that takes forever to implement.

The same thinking has influenced how I structure my life. I don’t believe that where you’re born necessarily has to determine where you build your life. I’ve spent significant time living and traveling outside Romania, particularly in Latin America, which has made me much more conscious of how strongly environment affects productivity, lifestyle, relationships, and everyday happiness.

Technology is another major interest of mine, especially when it can remove repetitive human work. I enjoy coding, experimenting with AI, building automations, and connecting otherwise disconnected tools into systems that work quietly in the background.

I’m also constantly changing my mind about things.

That’s intentional.

When new information contradicts an assumption I had before, I’d rather update the assumption than defend it. I care much more about whether something works in reality than whether it fits what I previously believed.

Overall, I’m trying to build both my business and my life around the same idea: reduce unnecessary complexity, keep what actually creates value, and continuously redesign the rest.

What I Actually Do

I own and operate a residential real estate business in Bucharest, focused primarily on long-term rentals and property management.

But describing what I do simply as “real estate” doesn’t tell the whole story.

A large part of my work is designing the systems behind the business. I look at how properties, clients, payments, utilities, contracts, communication, and day-to-day operations move through the company, then try to make those processes simpler, faster, and less dependent on repetitive human work.

I build many of these systems myself using code, automation, APIs, AI, spreadsheets, and other tools. Sometimes that means automating a small repetitive task. Other times it means redesigning an entire workflow so that information moves automatically from one part of the business to another.

My general rule is simple: if a person has to make the same predictable decision every day, there’s probably a system that hasn’t been designed yet.

The objective isn’t automation for the sake of automation. It’s to remove unnecessary work while keeping humans involved where judgment, communication, negotiation, or responsibility actually matters.

Because of this, my role sits somewhere between business owner, operator, and systems builder. On any given day, I might be looking at real estate performance, improving an operational process, writing code, analyzing data, or figuring out how to eliminate a problem so nobody has to deal with it repeatedly.

Ultimately, I’m interested in building businesses that don’t depend on constant intervention from the owner to function properly.

How I Think

I tend to look at life and business as systems.

When something isn’t working well, my first question usually isn’t “How do I work harder at this?” It’s “Why does this require so much work in the first place?”

I have a low tolerance for unnecessary friction. Repetitive tasks, unclear responsibilities, excessive bureaucracy, complicated processes, and decisions that have to be made again and again usually signal to me that something can be redesigned.

I prefer defaults over repeated decisions. If something predictable happens frequently, I want a system to handle the normal case and a person to step in only when there’s an exception.

I also think in terms of probabilities rather than certainty. Most real decisions come with incomplete information, and waiting until everything is known often has a cost of its own. I prefer identifying the most likely outcome, understanding what happens if I’m wrong, and making the best decision available with the information I have.

I’m very ROI-oriented, but I don’t define ROI only in financial terms. Time, attention, energy, flexibility, and reduced friction all have value. I’ll happily spend more money on something if it consistently saves time or removes a recurring problem. At the same time, I dislike spending resources on improvements that look impressive but make little practical difference.

I value speed, but not recklessness. My preference is to move quickly when mistakes are cheap and reversible, and become much more careful when decisions involve money, important data, legal consequences, or changes that are difficult to undo.

I’m also willing to change my mind. I don’t see consistency with my past opinions as particularly valuable if new evidence points somewhere else. I’d rather update my model of reality than defend an outdated conclusion.

This way of thinking has gradually shaped how I build businesses, choose technology, organize my environment, decide where to live, and allocate my time.

The underlying question is usually the same:

Does this actually make the system — or my life — better?

How I Make Decisions

I rarely look for the perfect decision. I look for the best decision available given the information I have, the probability of each outcome, and the cost of being wrong.

A few questions guide most of my decisions:

What is the expected return?

Not just financially. I consider the return in time, energy, convenience, flexibility, knowledge, and quality of life.

How much recurring friction does this create or remove?

A small inconvenience repeated hundreds of times can matter more than a large one-time inconvenience. I pay particular attention to recurring friction because its cost compounds.

Can this be automated, delegated, or eliminated?

Before accepting recurring work, I question whether it needs to exist at all. If it does, I ask whether a system can handle it by default and involve a person only when necessary.

How reversible is the decision?

I move quickly when mistakes are inexpensive and easy to reverse. When a decision involves significant money, legal consequences, important data, or something difficult to undo, I deliberately increase the level of scrutiny.

What is the most probable outcome?

I prefer probabilities over vague possibilities. Almost anything can happen; what matters is what is most likely to happen and how significant the downside is if the prediction is wrong.

What is the opportunity cost?

Every commitment consumes something — money, time, attention, or flexibility. I try to compare a decision not only with doing nothing, but with what else those resources could accomplish.

Am I solving the right problem?

Sometimes the most efficient solution to a problem is irrelevant because the problem itself shouldn’t exist. Before optimizing something, I try to determine whether it belongs in the system at all.

My general approach is therefore simple: move fast on reversible decisions, be rigorous with irreversible ones, eliminate recurring friction, and optimize for long-term value rather than theoretical perfection.

Why I Live Internationally

I grew up in Romania, but over time I stopped seeing the country where I was born as the automatic place where I should spend the rest of my life.

For a long time, I treated location as a fixed part of life. Eventually, I started looking at it the same way I look at other important decisions: as a variable that can be evaluated and changed.

Where you live affects almost everything — your daily routine, energy, social environment, climate, cost of living, opportunities, productivity, and even how much friction you experience doing ordinary things. Once I realized how significant those differences could be, choosing a location intentionally became much more important to me.

Traveling and spending extended periods abroad reinforced that idea. I discovered that some environments simply fit me better than others. I tend to perform better in places with an active everyday life, good weather, strong social energy, reasonable costs, and enough infrastructure to work comfortably without feeling trapped by excessive complexity.

Latin America became particularly interesting to me. I initially came because I wanted to experience something different, but over time I found that I genuinely preferred many aspects of everyday life here.

Living internationally also changed the way I think. When you spend enough time outside your home country, things you previously considered “normal” become just one possible way of doing things. You start comparing systems, cultures, cities, businesses, and lifestyles rather than automatically accepting the one you grew up with.

I don’t believe there is a universally “best” country to live in. A place can be excellent for one person and completely wrong for another. The more useful question is whether a place matches the life you’re actually trying to build.

Today, I prefer keeping location flexible. My business is structured so that much of my work can be done remotely, which gives me the ability to choose where I spend my time rather than allowing work to make that decision for me.

For me, living internationally isn’t about constantly traveling or collecting countries.

It’s about having the freedom to ask a simple question:

Where does my life work best?

And being willing to move when the answer changes.

Why Colombia

Colombia wasn’t originally part of some carefully designed plan.

I came here, experienced the country for myself, and gradually realized that I felt unusually comfortable living here. Since then, I’ve spent time in other countries and considered plenty of alternatives, but Colombia has remained the place I naturally compare them against.

And Colombia is far from perfect.

It has security problems, bureaucracy can be unpredictable, infrastructure isn’t always consistent, and dealing with immigration and residency can create more uncertainty than I would like. From a purely administrative perspective, there are countries where building a life is objectively easier.

But choosing where to live isn’t a spreadsheet where one country simply wins every category.

What matters more to me is how everyday life actually feels.

I like Colombia’s social energy. People generally feel approachable, spontaneous, and expressive. Everyday interactions tend to feel human rather than transactional. There is a level of warmth in the culture that I noticed quickly and came to value much more after spending time elsewhere.

The geography and climate are another major factor. Cities in the mountains can have remarkably comfortable temperatures throughout the year, without the extreme seasonal changes that shape life in much of Europe. Being surrounded by mountains and greenery while still having access to a modern city is a combination I particularly enjoy.

I also like the rhythm of life here. I can work intensely when I want to work, while still stepping outside and feeling that there is life happening around me. Cafés, coworking spaces, restaurants, gyms, neighborhoods, and ordinary social interaction create an environment where I don’t feel isolated simply because I’m focused on building things.

Colombia also offers something I increasingly value: a very good ratio between what I put into everyday life and what I get back from it.

That doesn’t simply mean that things are cheaper. Cost matters, but value matters more. A comfortable apartment, good food, services, transportation, workspaces, and an active lifestyle can all be accessible without requiring life to revolve around maximizing income just to maintain them.

Perhaps most importantly, I simply like who I am here.

I’ve noticed that environment changes behavior more than people sometimes realize. Different places affect how much I work, how often I leave the house, how social I am, how much energy I have, and what my normal day looks like.

Colombia seems to produce a version of my everyday life that I prefer.

That doesn’t mean I’ll live here forever. I deliberately avoid making decisions like that permanent before they need to be. Immigration rules may change, my priorities may change, or another place may eventually fit my life better.

But after experiencing different countries and repeatedly reconsidering the question, I’ve stopped treating my preference for Colombia as temporary enthusiasm.

Sometimes you can analyze a decision endlessly.

Other times, you spend enough time somewhere to realize:

I just genuinely like my life here.

Current Interests

My interests change fairly often because I tend to go deeply into a subject, understand how it works, apply what is useful, and eventually move on to the next problem.

Right now, most of my attention is concentrated around a few areas.

Artificial Intelligence & Automation

I’m particularly interested in what happens when AI moves beyond answering questions and starts becoming part of actual operational systems.

I experiment with using AI alongside APIs, code, spreadsheets, and automations to reduce repetitive work and make business processes increasingly autonomous.

What interests me most isn’t AI as a novelty. It’s finding tasks that previously required human judgment and determining which parts can now be handled reliably by software.

Building Better Systems

I spend a surprising amount of time thinking about small inefficiencies.

How information should be structured. Why a process requires five steps instead of two. Why somebody needs to manually check something every day. Whether a notification is actually necessary. Whether a decision can become a rule.

Individually, these improvements can look insignificant. Together, they can completely change how a business — or everyday life — operates.

Real Estate

Real estate remains one of my main areas of interest, particularly the operational side of residential rentals.

I’m interested in unit economics, pricing, property management, acquisition opportunities, and how technology can make a traditionally human-intensive industry substantially more efficient.

I tend to look at properties primarily as operating assets rather than simply physical objects.

Cities & How Environment Changes Behavior

Living in different countries made me increasingly interested in cities themselves.

I’m fascinated by how climate, density, transportation, safety, architecture, culture, cost of living, and social norms can change someone’s everyday behavior.

Two people with identical personalities and incomes can have remarkably different lives simply because of where they live.

This is one of the reasons I enjoy experiencing places by actually living in them rather than visiting for a few days.

Psychology & Human Behavior

I’m interested in why people behave the way they do, particularly when their actual behavior differs from what they say they want or believe.

Decision-making, incentives, evolutionary psychology, social behavior, cognitive biases, and the difference between stated preferences and revealed preferences are subjects I regularly find myself reading about.

I find human behavior particularly interesting because people are considerably less predictable than software — but not completely unpredictable.

Personal Optimization

I experiment quite a lot with how my environment affects my own performance.

Workspace design, technology, routines, sleep, exercise, nutrition, removing distractions, and reducing unnecessary decisions all interest me for the same reason I enjoy optimizing businesses: small improvements repeated every day compound.

I’m not particularly interested in optimization for its own sake. The objective is to spend less time managing life and more time actually living it.

Learning Through Experimentation

More generally, I enjoy testing ideas.

If I’m curious about a different way of working, living, organizing something, or using technology, I’m usually more interested in trying it than debating it indefinitely.

Some experiments become permanent systems.

Others teach me exactly what not to do.

Both are useful.