On today’s episode, Darren sits down with Alfonso Cuadra, the Godfather of Real Estate to discuss his journey into the multi unit and multi family business with properties in Canada and the United States. Alfonso talks about his background, how he survived two wars before coming to Canada as a refugee and starting his entrepreneurial journey into real estate.

Alfonso also chats about why he thinks real estate is one of the best wealth building assets, what you should look for when hiring team members, as well as the key fundamentals and what to look for when purchasing new properties. Tune in now!

Show notes:

00:00 - Introduction to Alfonso Cuadra

9:45 - Why is real estate one of the best wealth building assets?

15:10 - How did Alfonso scale his business?

20:35 - How have the high interest rates affected Alfonso’s business

23:30 - What qualities should you look for when hiring members for your team

26:00 - What are some of the key fundamentals you look for when purchasing multi-family properties?

31:10 - New build vs. old build

33:55 - What keeps Alfonso motivated?

40:15 - What is wealthgenius.ai and how is it helping others learn how to create their own wealth?

44:20 - The Cuadra Youth Foundation

49:25 - Alfonso’s advice for people wanting to get into the real estate business

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