048: How to Build a Multimillion-Dollar Real Estate Portfolio with Vlad Arakcheyev
Description
What role does structure play in the life of a successful real estate entrepreneur?
Today, we have Vlad Arakcheyev, an active investor, co-sponsor, and JV partner in 500+ multifamily units and land development amounting to a multimillion-dollar portfolio. He shares his incredible journey to success and his current work with Zontik Ventures, where he focuses on eliminating risk through the underwriting of potential deals. He talks about the importance of structure in his day-to-day life and provides advice for potential investors, emphasizing the need for due diligence and asking questions before investing in real estate.
Join us for this engaging conversation with Vlad to learn more about his success in real estate investments!
[00:00 - 09:28 ] Meet Vlad: From Real Estate Agent to Multimillion Dollar Investor
• Vlad shares his experience in sales and marketing for residential and commercial real estate
- His skills in acquisition negotiations and multiple creative financial strategies
• A real estate agent licensed with an extensive network of investors, real estate agents, and more
[09:29 - 19:03 ] Overcoming a Last-Minute Challenge to Close a Real Estate Deal
• Working with two teams only and vetting them for at least six months
- The importance of doing background checks and asking operators about their experience
• Due diligence is essential to avoid any red flags in the deal
• Vlad's story of running around to get documents notarized while being miles away from the deal
[19:04 - 27:29 ] Investing in Real Estate and Embracing Life Challenges with Joy
• Embrace life situations with joy and passion
• Real estate success requires drive, connections, and pushing through hard stuff
- Freedom of time allows you to savor life and do something great with it
• Investing in real estate requires due diligence on the operator and the deal
• Do due diligence on the operator and the deal itself when investing in real estate
• Ask people for advice before investing in real estate
Want to connect with Vlad? Follow him on LinkedIn. Head to Zontik Ventures to achieve financial independence through real estate!
Key Quotes:
“If you really want something to happen, you truly believe in something, it's going to happen.” - Vlad Arakcheyev
“Try to kill the deal. If you cannot kill it, you're in it.” - Vlad Arakcheyev
“Every day, we get little opportunities to go against our reactive nature and go after our dreams." - Vlad Arakcheyev
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