The Secret To Success In Real Estate investing & How To Shift From Passive To Active Investor | "Inspired To Invest" Ep 38 with Dr. Alex Tam

"Inspired to Invest" Real Estate Investing Podcast

Mar 13 2024 • 31 mins

Want to learn some of the secrets about real estate investing and how to shift from passive to active investor?

Welcome back to the "Inspired To Invest" real estate podcast. This week's guest, Dr. Alex Tam, is with us to share some of the secrets to success in real estate investing that he’s learned along with how (and why!) he made the shift from passive to active investor in recent years.

Embark on an enlightening journey with Alex Tam, whose remarkable transition from chiropractic doctor to ace real estate investor unveils a world of opportunities for work-life balance and generational wealth.

This episode isn't just a story; it's a blueprint for revolutionizing your financial future. Alex throws open the doors to his experiences, detailing how a pivotal business conference ignited his passion for property investment, leading him to become an influential player in the multifamily real estate scene.

We get candid about the intricacies of investment structures, the strategic move towards stable, cash-flow positive properties, and the wisdom behind geographical diversification, giving you a front-row seat to the mechanics of building a robust portfolio.

As we navigate the roadmap of property management with Alex, he underscores the game-changing advantages of having an integrated approach to managing your investments, sharing insights on scaling up to 250 units.

The conversation steers into the essential practice of conducting due diligence on sponsors and operators, emphasizing its role in safeguarding the trust of your partners and investors. Anecdotes from our real estate community highlight the shared visions that propel us forward, serving as a lighthouse for those aiming to steer their investments toward calmer seas. We also reflect on the common astonishment people express upon discovering the sheer potency of real estate investing.

Closing the episode, we muse over the essence of financial freedom, not as a pinnacle to be scaled but as a journey of incremental triumphs that enable the pursuit of passions, underscoring that real estate isn't just about accumulating properties—it's about crafting the life you've always envisioned.

To connect with Alex, he can be found @alex_tam_official as well as https://zephyrequitygroup.com.

Thank you to Megan Betker from Vantage Point Financial for bringing us this month’s episodes of “Inspired To Invest”.  To learn more about them, go to @meganbetker on social & vantagepointfinancial.com online.

“Inspired to Invest” is proud to support the Beyond Success Program, a not-for-profit financial literacy program for students, launched by More To Give & MAK Investments. Find out more at https://more2give.ca/beyond.

Tune back in on Wed., Mar. 20 to hear from an active GTA based real estate investor who, with her husband, has self-funded and grown a real estate portfolio worth more than $50 million across Canada and now into the U.S.

Thank you for tuning into “Inspired To Invest”, hosted by @serenaholmesrealtor & remember, “when you invest in yourself, the sky's the limit!"

To connect with our host, Serena Holmes, go to https://www.linktr.ee/serenaholmesrealtor.

To buy a copy of The Accidental Entrepreneur, go to https://www.linktr.ee/serenaholmesauthor.

And, for everything related to real estate and real estate investing, please make sure you've subscribed to @serenaholmesrealtor on YouTube & other platforms. We also have a page dedicated to this podcast on Instagram and Facebook @inspiredtoinvestpodcast where we preview guests each week, highlight their episodes, top takeaways, tips, quotes and more.

Are you a full-time real estate investor with an inspiring story to share? Apply now - https://docs.google.com/forms/d/1p6SfS8dePhLl6wMmSgdPpQ7xsJuEsBUbPDTJ0vgy9h8/

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