Podcast: Download (Duration: 40:59 — 38.2MB)
Welcome to another episode of the Investor Financing Podcast!
How a Spanish teacher acquired 194 units in a multifamily property
Today, Vinney and I talk with Nico Salgado. We covered a lot of ground, including:
– How Nico acquired a 194 units property as his first real estate investment
– The power of persistence & ongoing networking
– Making mistakes & learning from them
Make sure to watch this episode! In case you didn't catch it, Nico's first real estate investment was in a multifamily property featuring nearly 200 units!
About Nico Salgado
Nico has a BS in Business Marketing and Management and a minor in Economics. He also holds a Master's degree in Spanish Language Education and spent the past 18 years as a Spanish teacher while investing in real estate.
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 transitioned into multifamily. He is currently a GP (General Partner) in 194 units valued at over $10MM.
He hosts a biweekly meet-up group titled the Multifamily Investors Network NY. Nico also hosts the Small Axe podcast where he interviews industry leaders in multifamily, and he believes “it only takes a small axe to build a lasting empire”.
The Vinney And Beau Show with Very Special Guest Nico Salgado