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The Second Quarter As An Active Real Estate Investor (pt.2) Accountability Series podcast Season 2

Small Axe Podcast

Release Date: 07/18/2022

193. Getting To The Closng Table show art 193. Getting To The Closng Table

Small Axe Podcast

In this episode of the Small Axe Podcast, host Nico Salgado dives deep into the intricacies of real estate transactions and explores the journey to getting to the closing table. Join Nico as he shares valuable insights, tips, and strategies for successfully navigating the final stages of a real estate deal. Whether you're a seasoned investor or a first-time homebuyer, this episode is packed with actionable advice to help you reach your goals and secure that coveted spot at the closing table. Don't miss out on this informative and engaging discussion on all things real estate!

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192. Trust The Jockey, Not The Horse show art 192. Trust The Jockey, Not The Horse

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Welcome to the Small Axe Podcast! In this episode, host Nico Salgado dives into the world of multifamily investing and shares valuable insights on why it's crucial to trust the jockey, not the horse. Join us as we explore the importance of understanding and backing the right people in your investment ventures. Stay tuned for expert advice and practical tips that will help you navigate the multifamily investing landscape with confidence.

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191. Multifamily Deals, Coaching Courses and Running in Blizzards show art 191. Multifamily Deals, Coaching Courses and Running in Blizzards

Small Axe Podcast

In this episode of the Small Axe Podcast, hosts Nico Salgado and Tony Castronovo dive into the world of multifamily deals, coaching courses, and even share their experiences of running in blizzards. Join them as they discuss valuable insights and stories that will inspire you to take action towards your own real estate goals. Tune in for an engaging conversation filled with practical tips and motivation to help you navigate the world of real estate investing.

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190. Consistent Cashflow with Mobile Home Parks and RV Parks show art 190. Consistent Cashflow with Mobile Home Parks and RV Parks

Small Axe Podcast

In this episode of the Small Axe Podcast, host Nico Salgado sits down with special guest Dylan Marma to discuss the secrets to achieving consistent cashflow through investing in mobile home parks and RV parks. Dylan shares his expert insights on identifying profitable opportunities, managing properties effectively, and maximizing returns in this often overlooked real estate niche. Tune in to learn how you can build a sustainable income stream through alternative investments like mobile home parks and RV parks.

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189. This is How You Get a Deal show art 189. This is How You Get a Deal

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Episode 189. This is How You Get a Deal

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188. Find Your Path, Find Your Team, Take Action; And You Will Never Lose show art 188. Find Your Path, Find Your Team, Take Action; And You Will Never Lose

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Episiode 188 Find Your Path, Find Your Team, Take Action; And You Will Never Lose

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187. How to Underwrite Deals in Today's Market show art 187. How to Underwrite Deals in Today's Market

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Episode 187 -  How to Underwrite Deals in Today's Market

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186. Applying the “Go Giver” Mentality to Real Estate with Bob Burg show art 186. Applying the “Go Giver” Mentality to Real Estate with Bob Burg

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Applying the “Go Giver” Mentality to Real Estate with Bob Burg

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185. Is Your Property Manager Stealing From You? show art 185. Is Your Property Manager Stealing From You?

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185. Is Your Property Manager Stealing From You?

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184. No Story Lost - Etching Your Real Estate Legacy in Stone show art 184. No Story Lost - Etching Your Real Estate Legacy in Stone

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184. No Story Lost - Etching Your Real Estate Legacy in Stone

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Welcome back to Small Axe Communities Podcast!

 

We are back with the second season and second episode of The Accountability Series. All of these participants have varying levels of experience in real estate, but not necessarily in commercial multi-family real estate. And that's what they're looking to do breaking into that space.

 

Nico meets with each of the participants once a quarter to track their progress. The objective is to see what it takes to become successful in this space over the course of a year. Every we quarter we come back and listen to what progressed they gained, acquired, and learned!

 

Let’s listen to Alex Tam, Chris Southerland Jr., and Christina Kovacs as they share their journey with us! 

 

 

[00:01 - 15:23] Alex Tam Segment

  • Alex and his wife Helen are both very involved in real estate and bring their daughter around to different events.
  • Every time Alex meets up in person or attends a conference, he comes out with so much energy and ideas.
  • Alex shares how to Find and Hire a Virtual Assistant
  • By that aspect of it, the VA is very helpful in running a business.
  • Helen and Valerie have started a separate company specifically for VA's, which helps businesses save money.
  • They advise using the right platforms for finding a VA, such as Facebook, online jobs.ph, and other online sources.
  • They also play a role in HR, ensuring that the VA is working on schedule and meeting the expectations of the business
  • Follow Alex Tam
  • See Links Below
  • Quick Ad: Nico Invites you to join Jake’s & Gino’s Multifamily Mastery 5 in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at [email protected] to get the code that you can use to avail a discount!

 

[16:46 - 31:27]Chris Southerland Jr. Segment

  • Chris is based out of the Dallas, Texas area and is working as a cybersecurity professional
  • He has been networking hard and has gotten into two LP deals in the past couple of months
  • Chris is in the process of raising capital to join his third deal, which will be a Joint Venture
  • LP deals are a good strategy for Nico because he can invest passively and get an education while someone else uses his money
  • Debt Retreats Affecting Home Buying
  • The current debt situation is causing lenders to retrace borrowers, which has impacted the ability of people to buy homes.
  • People are still buying homes despite high-interest rates, and the market is slowly adjusting to the changes.
  • Chris's plan for the next few months is to get into one JV deal
  • Follow Chris Southerland Jr. 
  • See Links Below

 

[31:27 - Christina Kovacs

  • Christina is a real estate broker in South Florida and is also invested in multifamily real estate
  • She has two deals closed this past quarter and is also closing on a short-term rental tomorrow
  • Her single-family residential sales have been successful, but she's interested in expanding into the multifamily
  • Christina is transparent about her investment strategy and how it has worked in the past
  • Networking Can Lead to Multifamily Deals
  • She has shifted its focus from short-term rentals to multifamily and is looking for a team of people to help them with the process.
  • Her team are networking with people in order to find the right opportunity and partners.
  • Networking is important, and Christina recommends writing down notes from each networking call in order to remember what was discussed
  • Follow Christina Kovacs 
  • See Links Below

 

 

 

CONNECT WITH THEM:

Alex Tam:

Follow him on Facebook

or email him through [email protected]

Visit their website at zephyrequitygroup.com/

 

Chris Southerland Jr:

Follow him on Linkedin

Reach him through his email at [email protected]

Visit their website tryhardcapital.com

 

Christina Kovacs

Follow her on Facebook and LinkedIn

Visit their website https://www.christinakovacs.com/

 

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

 

 

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.

 

Tweetable Quotes

 

“People ask me, what can a VA do? I said, no, the question you should ask is what can a VA not do?” - Alex Tam

 

“Making actual, genuine relationships with people that you can use to build off of each other and improve each other's lives.” - Chris Southerland Jr.

 

“It's all these markets that we never considered because it's just unnecessary. Why not? People are making things happen there? Why don't we follow the people who are experts in that area and then build up and then who knows what deals come within that market once you're in that market.” - Christina Kovacs