Boone Nerren became active in real estate investing in 2000. In 2004 he founded his first private investment fund, Realty Investment Opportunities, LLC. The fund strategy was to buy and hold real estate for cash flow and capital appreciation. R.I.O. grew quickly, tripling in size and membership within 3 years. A second investment fund, RIO II, was formed in 2007 to accommodate additional interest in the group's real estate and private investing efforts. In 2010 Boone began forming entities for new project development that has evolved over the last decade to include a broad range of ground up development.