From Army to Real Estate: Victor Collazo's Multifamily Investing Journey | Real Estate Reveille

Welcome to Real Estate Reveille! In this episode, host Dan interviews Victor Collazo from Extraordinary Assets. Victor, a veteran and member of Rod Khlief's Lifetime Cashflow Warrior Program, shares his transition from the army to becoming an IT project manager and diving into real estate investing. Learn about his journey from managing single-family properties to successfully acquiring and managing multifamily units. The discussion covers the intricacies of property management, capital raising, and the importance of mindset in achieving success. Victor also shares lessons learned from real-world challenges, including fires and floods at his properties, and offers valuable advice for both aspiring and seasoned real estate investors.

Contact Victor:

https://extraordinaryassets.com/

https://www.facebook.com/profile.php?id=61551032637655

https://www.instagram.com/victorcollazo45/?igsh=NXRrYjlkZDV0NXZz

Book Recommendations:

The Slight Edge by Jeff Olson: https://amzn.to/3ZsYPwR

The Miracle Morning by Hal Elrod: https://amzn.to/3Vycphm

Chapters:

00:00 Introduction and Guest Welcome

00:45 Victor's Background and Journey into Real Estate

01:57 Family and Personal Life

03:01 Transition from Single Family to Multifamily

07:27 First Multifamily Deal and Market Insights

11:37 Property Management and Renovation Strategies

19:31 On-Site Visits and Resident Relations

25:02 The First Fire Incident

25:34 The Second Fire Incident

27:13 Lessons Learned from Fire Incidents

29:43 Flood Incidents and Their Impact

35:04 Capital Raising and Investor Relations

41:50 Mindset and Personal Growth

46:35 Recommended Resources and Conclusion