Real Estate is Never a Get-Rich-Quick Scheme with Russell Nova

Episode • May 31, 2022 • 29m

The importance of having a strong network when it comes to real estate can never be stressed enough. In today’s episode, my guest, Russell Nova, advises listeners on how to successfully navigate the current market conditions. Listen as he shares his experience in multifamily acquisitions and the lessons he learned along the way.

[00:01 - 09:08] On the Way to Financial Freedom through Real Estate

Russell shares his experience in multifamily acquisitions, starting with financing and moving on to ownership.
He emphasizes the importance of buying good properties on a cost basis.
It's important to have patience and to have relationships with banks in order to get favorable terms on loans.
Have a team that is dedicated to achieving financial freedom.

[09:09 - 22:04] Get Ready for the Grind in Real Estate

Real estate is not a get-rich-quick scheme, but a long-term effort.
Russell gives his speculation about the best places to invest in and which areas to avoid.
Technology is a key factor in the success of a real estate company. Investing in technology can help to increase business and speed up processes.

[22:05 - 29:46] THE FINAL FOUR

What's the worst job that you ever had?
- Clothing salesman
What's a book you've read that has given you a paradigm shift?
- Think and Grow Rich by Napoleon Hill
What is a skill or talent that you would like to learn?
- Painting
What does success mean to you?
- It’s all about the people around me

Connect with Russell

Phone: 917-559-1820

Website (operating): https://www.mtninvestmentgroup.com/

Website (financing): https://www.csg-ny.com/

Linkedin: https://www.linkedin.com/in/russell-nova-62b31aaa/

Resources Mentioned

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