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Ep 119: From Single-Family Construction Success to Multifamily with Alix Kogan
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Not everyone can go from a backpacker to a successful real estate entrepreneur, but that is exactly what today’s guest, Alix Kogan, managed to do. After traveling the world in his 20s, he realized that he needed to knuckle down and get serious about his life. So, what did he do? He started a construction company that ultimately grew into the largest single-family developer in Southwest Colorado. He has since sold the business and dipped his toes into the multifamily waters. In this episode, after hearing about his journey, we find out what prompted Alix to sell a company at the top of its game and why the flexibility of multifamily appealed to him. We discuss the different deals he has been involved in so far, along with the different roles he has played. Despite his tremendous construction and development experience, Alix has chosen not to go this route in multifamily yet. He shares his reasoning behind this decision and talks about what would persuade him to make the leap. Our conversation also touches on Alix’s deal criteria and red flags, advice for those starting out, and why he cautions against institutional investors, despite their allure. Tune in to hear it all.
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