Jul 19, 2021
STEP UP TO THE NEXT LEVEL! Why invest small with houses when you can go big with apartments? If you're thinking to get into passive income, this episode is perfect for you!
Listen and learn from Axel Ragnarsson on his struggles, successes, fears, and joys on his journey as he shares with us what he did behind 1door at the first deal to 250 units now.
So, today learn actionable tips and key metrics that will help you along your journey. The stories shared will inspire and the content will help expedite your learning.
Watch/listen to the full episode as Axel's answered our HOT SEAT questions directly to the point!
Axel Ragnarsson Bio:
Axel is an active real estate investor and is based in Boston, MA. He purchased his first multifamily property during his sophomore year at the University of New Hampshire where he earned degrees in Finance and Entrepreneurial Studies. While at UNH, he was a founding member and Co-Managing Director of the Rines Angel Fund, the first and only undergraduate student-managed angel investment fund in the country.
It was in his studies of alternative investments that he became interested in real estate investing, leading to the founding of his real estate investment firm, Brickleaf Properties, and is continually searching for new multifamily properties and communities to invest in. Currently, Brickleaf Properties owns approximately $7.2M in multifamily real estate, has flipped numerous homes, and has been a principal party in $18M+ worth of transactions.
Axel is also the host of The Multifamily Wealth Podcast, which is one of the most highly rated multifamily real estate podcasts in the industry.
๐๐๐ ๐๐๐๐๐๐๐๐๐:
03:12 Backstory of Axel Ragnarsson (before going to Real Estate
)
03:37 Axel interests in real estate flipping houses at 20 years of
age
04:45 Mistakes on Axelโs first real estate deal
06:58 Learn how Axel benefits from the power of proximity through
internship
09:54 Important things every real estate beginner investor needs to
know.
10:54 Importance of knowing your numbers is a must.
14:24 What are Axel's real estate math formulas?
16:05 How does Axel build his self-confidence?
23:38 Axelโs vacancy rate calculations
29:46 Axelโs transition from a handful of deals being a mom pop
operator to hundreds of units - strategies revealed!
30:33 Difference between Off Market and On Market real estate
transactions
36:16 What needs to be done in your business to continue growing
it.
37:56 Axelsโ key to success - things you can start doing now
40:00 How does Axel deals with his imposter syndrome?
41:26 Axel shares his bad deals and what you can learn from this
story.
45:45 The Hot Seat questions for Axel
Listen and learn so much moreโฆ.
TWEETABLE QUOTE:
Connect with Axel Ragnarsson at:
The Multifamily Wealth Podcast
-----
Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don't forget to leave a short review on iTunes.
Also, if you want to learn more about real estate wholesaling, feel free to visit my Website and Youtube channel. If you get value from the videos and content weโre putting out, please subscribe.โ
Schedule Your 15 Minutes Free Consultation with Marcus here:
โ
โ
๐๐ซ๐๐ ๐ฆ๐ฒ ๐
๐๐๐๐๐๐๐ ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ ๐๐จ๐ซ:
Purchase
Contract:
Assignment Agreement Link:
15 Questions to validate your seller:
๐๐จ๐ข๐ง ๐จ๐ฎ๐ซ ๐๐จ๐ง๐ฏ๐๐ซ๐ฌ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ญ:
Facebook:
Facebook group:
Twitter:
Instagram:
Linkedin: โ
โ
--โ
โ
Also, find the show on Feedspot: https://blog.feedspot.com/real_estate_podcasts
Enjoy the Real Estate Journey!