Troy Palmquist talks with Eric Gedalje to learn how he went from bussing tables to investing in additional than 20 properties.
June is Funding Properties and Second Properties Month right here at Inman. We’ll discover every part together with prime investor insights, the newest at Airbnb and Vrbo, and the shocking locales rising as investor scorching spots throughout the nation.
Lake Havasu workforce chief Eric Gedalje began out on his skilled journey bussing tables. After placing his entrepreneurial drive to work, he ended up completely representing a number of developments, invested in additional than 20 funding properties and is now proprietor of the No. 1 actual property group in Mohave County, Arizona.
Watch the video above to take a look at his dialog with Troy Palmquist, then learn on to study extra about Gedalje’s greatest recommendation for each new and veteran brokers.
Title: Eric Gedalje
Title: Workforce proprietor
Expertise: 11 years
Location: Lake Havasu
Brokerage identify: eXp Realty
Rankings: No. 1 in Lake Havasu, No. 1 in Mohave County
Workforce: The Gedalje Group
Transaction sides: 511 in 2023
Gross sales quantity: $228 million in 2023
What’s one large lesson you’ve realized in actual property?
That by investing in actual property, it may open doorways to infinite alternatives. I realized this by investing at a really younger age.
What would you inform a brand new agent earlier than they begin out within the enterprise?
Ensure you companion with a workforce that has a powerful presence within the market in addition to an abundance of assets to supply to make sure a fast begin.
What do too few brokers know that might make their lives simpler?
This enterprise isn’t transactional; it’s all about constructing an eternal relationship that may beat out any objections that come to enterprise.
In the event you may do something apart from actual property, what would it not be?
If I wasn’t in actual property, I might be a serial entrepreneur as I initially began as an investor quite than a salesman.
Inform us a narrative about your most memorable transaction
I quintuple-ended a deal that started off with an inventory by which I had a purchaser for, who wanted to promote his home. Nice shoppers, a lot of coordinating, a number of events concerned. All events have been absolutely happy and even ended up closing early.
