Value-Add Buildings and Why Finding a Trusted Team is Essential, with Alex Ilchenko

Welcome To The Real Estate Underground Show #51!Alex Ilchenko started Blue Key Property Group in 2019 when he purchased an 8 Unit property off the market. After researching, he needed help finding a suitable property management company that could do it all, and he knew he had to build a team to continue buying more properties. Alex's team comprises a group of investing experts, including an acquisitions manager, mortgage specialist, property inspector, real estate attorney, insurance agent, property manager, handyman, operations manager, chartered professional accountant, and a team of subcontractors we work with daily.  The company's primary goal is to provide full-service investment and property management. Their robust team of highly-trained professionals complements their service-first approach. As the leading team in the Connecticut area, they put their expertise to work for you. With over 130 units and above 15 Million in assets, Blue Key Property Group provides individualized blue ribbon full service to all their clients interested in real estate. They buy, sell, remodel, invest and manage real estate all under one roof.What you’ll learn about in this episode:Listen to the journey of Alex Ilchenko, a Connecticut-based real estate investor who started by pushing his luck and knowledge investing in real estate."If the numbers work, then go for it." knowing your numbers and being willing to walk away if needed, as it's a contact sport with one out of every 50 offers being accepted.Alex emphasizes that real estate requires patience and knowing when to move; he encourages others not to hesitate or overthink opportunities as long as they do their research first.How to be passionate about value-add buildings, focusing on making them clean, safe, and beautiful for tenants to stay longer in your properties? Why building relationships and having a team that you trust, including attorneys, wholesalers, lenders, and many more is, essential?Resources:Email: [email protected]: 860-494-3472Elevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. 🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!