How This Mom of Two Scaled to 25 Doors: Tips & Strategies For Success

Today I have Carolina on the podcast, she is one half of the Medalo Properties brand and she is an amazing guest with a ton of experience - she has scaled to about 25 doors and she talks about her experience and how she got here!
________________________________________________
About the podcast:
Alexandra Tejeda (@teamtoronto) is a Realtor in Toronto and loves guiding investors and first time home buyers though the process of building wealth, she looks at all go her clients as investors! She is currently looking to get her first investment property as well and is passionate about real estate investing. However, she recognized a gap in the market. She is always listening to podcasts and realized that most of the people being interviewed were men - which is fine but she just wanted to promote a different perspective. Alexandra prides herself on learning daily and has really enjoyed interviewing these seasoned female investors in and around the GTA! This podcast is for both new or seasoned investors and the goal is to create a positive, powerful and female empowered investing group!

About the Guest:
Brandon and Carolina began their professional lives working in sales and public accounting for over 12 years, navigating the pressures of rising sales targets, tight timelines, countless late nights and missed vacations for bonuses as a way to secure their families financial future. Fuelled by the commitment to be the generational change for their families, they began their real estate investing journey in 2015, without a strategy or education. From there, they bought their primary residence in 2017, until a family medical situation opened their eyes to the vulnerability of their financial situation and they realized, there has to be a better way. They levelled up their investing in 2019 with their first duplex conversion and flip, sold their primary residence, began house hacking and utilizing any free time from their jobs to take up any real estate opportunities they could. In 2021, after the birth of their first child, Teo, they shifted from investing as a business on the side, to building Medalo Properties full time, a wealth generator, a life changer. This meant hiring coaches and investing in growing their knowledge, along with hiring 3 support staff. Since then, Brandon and Carolina have invested in multiple markets and executed on several strategies including flips, multi-family conversions and BRRRRs across more than 25 units. Their biggest current focus is now to help others become more financially literate and maximize their financial potential!


In this episode we discuss:

0:44 Carolina’s intro  
2:32 Starting with a condo
3:10 Appreciation vs cashflow 
3:55 Investing in multifamilies
4:35 Getting a mentor
6:15 Tips for how to find the right deal
7:51 Best source of deals
8:20 How to analyze deals 
10:05 What metrics to focus on
11:15 Is breaking even okay in this market?
12:55 Key players to have on your team
14:35 Should you incorporate? 
16:00 LTB & tenant issues
17:25 House hacking
18:33 Duplex conversions
19:30 Short term rental strategy
20:46 Favourite strategy? 
22:02 Favourite market?
24:00 Medalo properties and how it started
25:15 Coaching students
26:40 Modalo properties & support staff
28:35 What would you recomend to new investors
29:51 Reflecting on the journey

Socials (follow ya girl)
Insta @teamtoronto
TikTok @teamtoronto_
FB @teamtoronto
LinkedIn @Alexandratejeda
Email alexandramtejeda@gmail.com

Follow Medalo Properties
Insta @medaloproperties
FB Medalo Properties

CHECK OUT MY TOOLS FOR BUYERS & SELLERS:
https://linktr.ee/TeamToronto

BOOK A CALL HERE:
https://teamtoronto.lpages.co/teamtoronto/

New episodes out every Wednesday at 6pm EST!

#realtor #realestateagent #realestateinvesti