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The Rich Somers Report

He’s Flipped Over 150 Houses in Southern California | Alex Camacho E158

The Rich Somers Report

Rich Somers

Business, Investing

5.01K Ratings

🗓️ 7 March 2024

⏱️ 49 minutes

🧾️ Download transcript

Summary

Rich sits down with Alex Camacho – Real Estate Investor, Coach, and Mentor. Alex has a track record of over 150 real estate investment deals in the past five years. His primary focus has been on residential properties in California, and Hawaii, while he also owns a multifamily building in Phoenix, Arizona. Alex has been featured on numerous platforms, including the BiggerPockets Real Estate Podcast (Ep. 418), Wealthy Way Podcast (Ep. 058), and Real Estate Disruptors. He also hosts real estate...

Transcript

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0:00.0

I get like 500 hours of months from these virtual assistants for a couple

0:05.0

grand. It's like not in the $2,000 or something like that. It's like and I'm

0:09.0

having to do a variety of things on the acquisition, deal analysis, a personal assistance side,

0:14.0

all the things that you can think of that.

0:16.0

But I just found a lot of entrepreneurs kind of struggle with that first hire.

0:19.0

It's almost like the first deal.

0:21.0

Like to get the first deal out the way,

0:22.0

and you'll eventually do more.

0:24.3

Get that first VA out of the way and whether they work out or not, it doesn't matter.

0:27.4

It's a really low barrier of entry.

0:29.4

You test it out and you're working on your leadership skills which as an entrepreneur is very valuable.

0:33.4

Welcome to the Rich Summer's report where we talk real estate, business and wealth

0:38.0

building all while keeping it real. No fluff, no BS. I hope that you enjoy the show.

0:45.0

All right guys, welcome to another episode of the report.

0:50.0

Today we are in the studio here in downtown San Diego and I got a

0:54.0

special guest who actually popped into our meetup last week here in San Diego

0:59.2

beers and deals and he successfully done 150 real estate projects he's been on the

1:04.8

Wealthaway podcast with Ryan Paneda he's been on the BiggerPockets podcast I've got my

1:08.7

man Alex Camacho Alex welcome to the show what's up up, Rich? Thank you for inviting me, man.

1:13.4

It's an honor to be here.

1:14.3

Dude, I appreciate you coming on, man,

1:16.1

and finding a town.

...

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