Nick Ameluxen spent a decade in the automotive industry as a technician before...
Nick Ameluxen spent a decade in the automotive industry as a technician before transitioning to real estate. He invests in single-family, turnkey, and multifamily in multiple markets. He’s a real estate coach, host of the Austin chapter of the South Texas Multifamily & More Meetup, and is a partner and asset manager at Quantum Capital.
Mark and Nick sit down to discuss networking, processes, and getting outside of your comfort zone.
What You’ll Learn In Today’s Episode:
- Nick began his real estate journey with education. He was an introvert, so reading books was in his comfort zone, but in hindsight, it was only when he stepped out of his comfort zone, and started networking, that opportunities started to present themselves. He joined a coaching program, met like-minded investors in the same situation he was in. They held each other accountable, fed off each other’s enthusiasm, and eventually did a small deal together in Atlanta that helped get Nick into the multifamily game.
- Nick created a system to get results, reaching out to multiple investors daily to ask how he could provide value for them, not value for him. One of those investors happened to be Mark. They talked a few times, and Mark was impressed with how Nick found and analyzed deals. Over the next few months, they both partnered on about 200 units.
- Focus on the process. We tend to focus on the results, but you don’t achieve results by focusing on results, you achieve results by focusing on the process. It may seem counter-intuitive, but it’s true because results are not always within your control, but the process is. Nick is all about working the process, day-in and day-out. Call brokers, underwrite deals, make offers. That’s the process. Fall in love with the process, live the process, if you can do that the results will absolutely take care of themselves.
“I didn’t have a strong network at all, so I thought it had to be all ‘me, me, me.’ But when I joined this community, I found people who started from similar beginnings, and were succeeding. I thought, ‘if they can do it, why can’t I?’” – Nick Ameluxen
Resources In Today’s Episode:
Books Mentioned In Today’s Podcast
- Shoe Dog by Phil Knight
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