Multifamily Podcast Network

Have you ever heard the phrase, "You make your money in real estate when you buy?" Although this statement is compelling, the buck doesn't stop when you buy. The ability to manage and execute the business plan and ensure the asset performs as projected is arguably just as important as the acquisition. Heard this one, "A good operator can make an OK deal great and a bad operator can make a great deal bad?"

On today's episode, our special guest is Nick Ameluxen, Co-Founder of Quantum Capital. Nick specializes in acquisitions and asset management at Quantum Capital. Both acquisitions and asset management each come with its own skillsets that directly impacts the operator's ability to perform adequately. These skillsets are vital to the overall success of the deal. Nick shares his insights on how he developed these skillsets and what he's doing in his business to manage both of these important responsibilities.

In this episode, we cover:

How do we build credibility with brokers if we are just starting out?

What is a credibility book?

What does asset management entail?

How do we systemize asset management?

Tune in to find out the answers to these questions and so many more!

Final Four:

1. What are you doing for your continued education to further your investing?

Nick: "I've always been a very avid reader so I have tons of books on my list that I am reading right now and working on developing new skills that may not be directly related to investing but that I can still use in my business. For example, website development."

2. Who has been the biggest inspiration for you and your success?

Nick: "Obviously my parents, my dad and my mom, both have an incredible work ethic and I feel like I picked that up from them. That's been a huge part of it. In real estate, I have tons of mentors, my partner Mark, Jake and Gino, a few local guys that I look up to."

3. What advice would you give to the listeners to help them grow their businesses?

Nick: "The number one thing, especially in real estate, is your network. I would spend your time just developing your network, reaching out to people, growing your investor database, but also growing your community. You rise to the level of people that surround you. I have definitely noticed that and experienced that in my own life so I am always trying to meet like minded people who push me to that next level."

4. How can the listeners learn more about and get connected with you?
Nick: 

Email: [email protected]

Website: www.quantumcapitalinc.com

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