Ever felt like you had to tackle massive real estate deals alone? I’ve been there. In this episode, I share the story of how I nearly took on a $20 million project solo—and why that was almost a disaster. 🏗️

I dive deep into the lessons that saved me from making costly mistakes, showing how shifting from a scarcity mindset to one of abundance and collaboration transformed my journey. 🚀

You’ll learn: 🔑 Why trying to do everything solo can hold you back 🤝 How partnering with the right people accelerates growth 💡 Steps to overcome limiting beliefs and develop a wealth-building mindset 🏆 The power of sharing deals, seeking mentors, and leveraging mastermind communities

Plus, I’m laying out a 30-day mindset challenge designed to help you crush self-doubt and start thinking like a top-tier investor immediately.

If you’re ready to stop playing small and start attracting the right deals, partnerships, and capital—this episode is for you. Let's break through those mental barriers and get after it!

👉 DM me on Instagram or Facebook and tell me about your biggest limiting belief. Let’s tackle it together.

🎧 Tune in now and sharpen your axe!

Still waiting for the "perfect time" to invest in multifamily real estate? 🚫 Stop waiting – start building wealth now! In Episode 230, Nico unpacks why 2025 is your breakthrough year for real estate investing. Learn why inaction is your biggest financial risk and how to overcome the fear that holds so many back.

🎯 In this episode, you’ll discover:

• Why waiting for the “right deal” could cost you years of growth
• How to start small – duplexes, triplexes, and house hacks
• How to build equity with zero to little money through syndications and partnerships
• The secrets to financial freedom through multifamily real estate

🚀 Whether you’re a beginner investor or ready to scale your portfolio, this episode delivers the strategies and mindset shifts you need. 2025 is yours – take action and create the life you deserve.

👉 Hit play now and let’s make 2025 your most profitable year yet!

Keywords to add for SEO (if applicable): Multifamily investing, real estate investing podcast, passive income, real estate syndication, financial freedom, cash flow properties, first-time investor, wealth building, multifamily apartment deals, start investing in real estate.

Description: Florida’s real estate boom isn’t slowing down, but the biggest opportunities aren’t where you think. In this episode, I dive into why secondary markets like Lakeland are quietly outpacing the big cities. With rising rents, population growth, and new job opportunities, Lakeland is becoming a key hub for investors looking to stay ahead of the curve.

👉 Why Tampa and Orlando may have hit their peaks – and how Lakeland is benefitting 👉 How rent growth, population influx, and job expansion are driving value 👉 The impact of the I-4 Corridor and future developments like SunRail 👉 Why NOW is the time to invest – before the next undersupply cycle hits

Whether you’re already investing in Florida or just curious about emerging markets, this episode breaks down the key strategies and insights you need to know for 2025 and beyond.

💼 Don’t sit on the sidelines. If you’re ready to take action or want to partner with someone who knows the market, this one’s for you.

🎙️ Episode 228: Raising a Legacy - Instilling Wealth, Mindset, and Purpose in the Next Generation

As parents, we all want our kids to live lives of abundance, freedom, and purpose. But the tools to break free from limiting beliefs and embrace a mindset of wealth and success aren’t taught in schools. That's where we come in! 💡

In this empowering episode, I dive into: 🌟 Mindset Shifts: Teach your kids to think like the rich with lessons from Think and Grow Rich and Rich Dad, Poor Dad. 💪 Resilience: Why failure is a stepping stone, not a dead end. 💼 Entrepreneurship: Simple business ideas to foster creativity and financial literacy. 💰 Financial Literacy Basics: Assets vs. liabilities, savings, and the power of investing. 🧠 Visualization & Gratitude: Learn how thoughts and emotions shape reality (inspired by Dr. Joe Dispenza). 👨‍👩‍👧‍👦 Family Planning: Create vision boards, have family goal-setting sessions, and build a legacy together.

Together, let’s raise a generation that thinks big, acts boldly, and builds a better future for themselves and others. 🌎✨

🔥 Ready to sharpen your axe? Visit www.smallaxecommunities.com for more tools, resources, and insights to grow your wealth and impact. 🪓

👉 Love this episode? Share it with a friend, leave a review, and let’s keep building lasting empires together! 💬🔗

#Parenting #MindsetMatters #FinancialFreedom #GenerationalWealth #Entrepreneurship #SmallAxeCommunity

In this episode of the Small Axe Podcast, Nico breaks down how to thrive in any market cycle. From peaks to troughs, learn the strategies to maintain cash flow, maximize NOI, and secure the right debt to weather any downturn. 🚀

📌 Key Takeaways:

• The impact of cap rates on property values
• Cash flow: your lifeline through market shifts
• Proven strategies for increasing NOI and reducing expenses
• Smart debt planning to stay ahead

💡 Take your multifamily investing journey further: Visit www.smallaxecommunities.com for free tools, resources, and more podcast episodes to sharpen your axe.

🎧 If you love the show, please share it and leave a review! Help grow the Small Axe community as we build lasting empires together. 💪

Description: Want to unlock access to the best multifamily deals? It starts with building strong relationships with brokers. In this episode of the **Small Axe Community Show**, Nico shares proven strategies for standing out in a crowded market, gaining broker trust, and increasing deal flow.  

Learn why brokers are the gatekeepers to multifamily success and discover how to create a professional one-pager that showcases your credibility and investment goals. From tips on responding quickly to deal opportunities to maintaining consistent communication, this episode is packed with actionable advice to elevate your broker relationships and secure better deals.  

🚀 In this episode, you’ll learn: - Why broker relationships are key to accessing off-market deals.   - What to include in a killer one-pager to impress brokers.   - How to establish trust, even as a new investor.   - The power of consistent communication and follow-up with brokers.  

🎧 Tune in to sharpen your skills, build your credibility, and take your multifamily investing to the next level.  

Call to Action:  Get a free one-pager template to kickstart your broker outreach! Visit [Small Axe Communities](https://www.smallaxecommunities.com) or email Nico at [email protected] to get started.  

🎙️ **Why You Should Think Twice Before Closing on Every Multifamily Real Estate Deal**  

🚨 In this must-listen episode of the **Small Axe Community Show**, host Nico dives deep into the critical reasons why **not every multifamily real estate deal is worth doing**. Drawing from his own experiences, Nico shares real-life stories, practical advice, and hard-earned lessons to help you avoid costly mistakes.  

🪓 Learn how to:   ✅ Evaluate deals with a sharp eye.   ✅ Spot red flags in markets, sub-markets, and properties.   ✅ Master the art of thorough due diligence.   ✅ Understand the importance of patience and stress-testing your projections.  

💡 Sometimes, the **best deal is the one you walk away from.** Tune in and sharpen your skills to make better investment decisions.  

### **Episode Highlights:**   🕒 **00:00** – Introduction to the Show   🕒 **00:37** – The Reality of Multifamily Deals   🕒 **01:37** – A Real-Life Example: The Nine-Unit Deal   🕒 **05:05** – Lessons Learned and Market Insights   🕒 **06:53** – Key Considerations for Evaluating Deals   🕒 **09:11** – Understanding Property Classes and Cap Rates   🕒 **12:27** – Red Flags and Due Diligence   🕒 **17:08** – Final Thoughts and Outro  

🎧 **Don’t miss this episode—your future deals will thank you!**  

🔥 **Call to Action:**   If you found value in this episode, please **subscribe, share it with a friend**, and leave a review. Let’s keep building empires together! 🚀  

📩 Visit **[Small Axe Communities](https://www.smallaxecommunities.com)** for more resources, tools, and ways to connect.  

In this episode, host Nico dives into the most common mistakes new multifamily investors make and provides actionable strategies to avoid them. Topics include managing emotions versus numbers, accurately estimating expenses like taxes, insurance, and maintenance, the critical role of thorough due diligence, building the right team, and mastering the lending process. With personal stories and lessons learned, Nico shares valuable insights to help you confidently grow your multifamily portfolio.  

Timestamps:   - 00:00 Introduction: Avoiding Costly Mistakes in Multifamily Deals   - 00:50 The Importance of Emotional Detachment   - 03:18 Underestimating Expenses: A Common Pitfall   - 06:44 Due Diligence: Non-Negotiable Steps   - 10:26 Building the Right Team   - 13:35 Starting Small and Learning Fast   - 14:37 Recap and Final Thoughts   - 15:26 Bonus Tips on Lending   - 16:43 Conclusion: Keep Sharpening Those Axes  

Tune in to learn how to avoid costly mistakes and set yourself up for long-term success in multifamily investing!

In this episode of the Small Axe Podcast, Nico shares his insights on acquiring multifamily properties without needing a huge upfront investment. Whether you’re a first-time buyer or an experienced investor, Nico dives deep into both traditional and creative financing strategies to help you get into the apartment complex game.

Key Takeaways:

1. Getting Started with Traditional Financing 

   - Learn about commercial loans for multifamily properties, typically available for buildings with five or more units.

   - Discover why most first-time buyers begin with local banks or credit unions that understand the area and asset class.

   - Nico explains loan options such as 20-30 year amortizations, interest-only payments, and how to shop around for the best rates.

2. Creative Financing Options 

   - If traditional banks don’t work out, explore creative strategies like seller financing, where the seller holds the note.

   - Hear examples of how Nico and other investors negotiate terms like down payments, interest rates, and even deferred payments with seller financing.

3. Alternative Funding Sources for Down Payments

   - If you don’t have the required down payment, there are several ways to raise it, including joint ventures, partnerships, retirement accounts, and tapping into home equity.

   - Understand how syndications work, where you can raise capital from limited partners to fund a portion or even the entire deal.

4. Exploring Non-Traditional Financing Techniques 

   - Find out about master lease agreements, loan assumptions, and the benefits and risks of using these methods to structure a deal when traditional bank loans aren’t feasible.

5. Joint Ventures and Partnerships

   - Nico discusses the importance of partnering with people who align with your goals and values, particularly in joint ventures where all parties are active in the deal.

Resources Mentioned:

- *Creative Cash* by Bill Ham – A book on structuring deals creatively, which helped Nico understand and apply creative financing strategies in multifamily investing.

Quotes:

- "It’s possible to get into your first apartment complex without a ton of cash if you’re open to exploring different financing methods."

- "When structuring a deal, make sure to align with your partners and carefully consider each financing option."

Action Steps:

1. Evaluate your available financing options for multifamily investing, starting with traditional bank loans.

2. Research creative financing techniques like seller financing and master lease agreements.

3. Think about potential partnerships or joint ventures for raising a down payment.

4. Start building relationships with community banks and credit unions for better financing terms.

Want More Help?

Visit www.smallaxecommunities.com to listen to more episodes of the *Small Axe Podcast* and explore resources that can help you sharpen your multifamily investing skills!

In this episode, Nico from the Small Axe Communities explains the various ways multifamily investors, specifically General Partners (GP) and Limited Partners (LP), get paid. Nico discusses the income sources for GPs, including acquisition fees, asset management fees, capital event fees, and disposition fees, offering practical insights from personal experiences. The episode also covers how LPs earn returns based on their investments, typically receiving an 8% preferred annual return, paid monthly, prior to any GP profits. Additionally, it touches on profit splits when returns exceed the preferred rate and the structure of 'waterfall' payouts. Listeners are encouraged to understand deal structures thoroughly and to reach out for further advice, concluding with a call to action for sharing and reviewing the show.

00:00 Introduction to Multifamily Investing

00:41 Understanding General Partnerships

01:08 The Role of Acquisition Fees

01:58 Justifying Acquisition Fees

04:02 Asset Management Fees Explained

05:01 Challenges in Asset Management

06:03 General Partners' Compensation Breakdown

08:14 Limited Partners' Earnings Explained

09:42 Preferred Returns and Incentives

11:22 Waterfall Structures in Deals

11:50 Final Thoughts and Contact Information

12:00 Closing Remarks and Gratitude