Jul 18, 2022
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
nico@smallaxedcommunities.com 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 alex@zephyrequitygroup.com
Visit their website at zephyrequitygroup.com/
Chris Southerland Jr:
Follow him on Linkedin
Reach him through his email at chrisjr@tryhardcapital.com
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