Can you invest in real estate with other people? What is syndication and how does that relate to real estate investment?
In this episode of the Real Deal Podcast, we welcome Nico Salgado, a very passionate teacher who ventured into Real Estate investing. He is currently invested in multifamily property deals and has founded Small Axe Communities assembling a team of experts in this fast-growing business. Nico shares his life experiences, learning moments, and key pieces of information that is valuable to those who wish to understand what this type of investment is all about.
What to expect in this episode?
How Nico got started in real estate.
Preference multifamily property
Investing out of state
Building a team and networking with people
How the mentorship program helped
On choosing market and investors
The first capital raise
Building an accredited investor database
On educating and converting new investors
Criteria for investors
How Nico got started in syndication
On investor participation
Current property acquisitions
On today's Loan to Value rates
What would you do different?
What message would you give to the world?
Who is Nico Salgado?
Nico has a BS in Business Marketing and Management and a minor in Economics. He also holds a Masters degree in Spanish Language Education and spent the past 18 years as a Spanish teacher.
Apart from teaching and investing in real estate, Nico is an entrepreneur, coach, mentor, and leader. He is an avid surfer, woodworker, traveler, and extremely proud father.
Nico began investing in real estate in 2012 with a single-family development project and has since scaled to owning 194 units as a General Partner.
He hosts a monthly Meetup group titled the Multifamily Investors Network NY. Nico also hosts the Small Axe Podcast where he interviews industry leaders in multifamily, where he believes “it only takes a small axe to build a lasting empire”.
As founder and visionary of Small Axe Communities, Nico is responsible for developing and executing the company’s long-term objectives, growth strategies, and initiatives as well as overseeing day-to-day operations.
Connect with Nico Salgado:
Linkedin: https://www.linkedin.com/in/nicosalgado456/
Website: https://smallaxecommunities.com/
Text Nico: 516-660-6912
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Follow The Real Deal Podcast and explore the latest industry trends, insights, and investment strategies that investors can use to build long-lasting portfolios. The podcast will also give you an inside look at commercial real estate investing from industry experts.
Web: https://elantecapital.com/
Aman Shahi (host): https://www.linkedin.com/in/amanshahi1993/
