Description

Why is it important to have a team that can motivate you and push each other further to achieve far more than going alone? In this episode of The Academy Presents: Real Estate Investing Rocks, we welcome Chad Zdenek. Chad dives into the economics of real estate and how to navigate different markets. He explores migration patterns, rent control, and the cost of running a multifamily property.

Join Angel and her esteemed guest talks about the value of connecting with other investors through mastermind groups and networks to leverage experiences, as well as their own experience where they were able to close their first deal with the help of a coach.      

Tune in now as Chad shows listeners how different superpowers come into play – like being good at making people feel comfortable, paying attention to detail, or delivering bad news without causing people to become defensive!

[00:01 - 02:22] Understanding The Cost Of Multifamily Real Estate

• Angel welcomes back, Chad Zdenek!
• People may complain about rent increases, but they don’t care about taxes or insurance
• Supply chain issues are creating upward pressure on pricing

[02:23 - 08:53] The Benefits Of Mastermind Groups 

• Migration patterns are affecting demand in different areas
• Rent control is not necessarily better in some areas
• Investors look at reviews for properties, but they don’t know what’s going on inside
• Real estate investing required due diligence and understanding that A, B, or C property won’t get a 4.5 rating

[08:54 - 20:03] Discovering Your Real Estate Superpowers

• Mastermind groups and networking groups are helpful for finding solutions to similar challenges
• Investing in coaching is important as it can help you avoid mistakes and reach goals faster
• The different ways to get into real estate regardless of background
• Superpowers such as attention to detail, talking to people, and delivering bad news

[20:04 - 26:50] Closing Segment

• Chad shares how it important is to have a team that can motivate you and you can push each other to achieve more!
• Tune in to this episode to learn more about Chad!

Tweetable Quotes:

“If you want to go fast, go alone. But if you want to go far, go together.” – Chad Zdenek

“It doesn't matter what you and I think either, right? It doesn't matter what the tenants think, it doesn't matter what we think, what matters is what the market thinks.” – Chad Zdenek

You can connect with Chad Zdenek through his:

Website: CSQ Properties

Instagram: @csqproperties

Facebook: CSQ Properties

Tiktok: @Chad.Zdenek

YouTube: @csqproperties

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