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Live in Flip to owning 97 units while LP in 731 units - Christina Kovacs
Season 1 · Episode 12

Live in Flip to owning 97 units while LP in 731 units - Christina Kovacs

Stay Ready Real Estate Podcast · Emeka Ogbonna

February 28, 202435m 36s

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Show Notes

Christina Kovacs shares her journey in real estate, from starting with live-in flips to building a diverse portfolio of long-term rentals, short-term rentals, and multifamily properties. She emphasizes the importance of education, networking, and getting uncomfortable to achieve success in real estate. Christina discusses the risks and challenges in the market, as well as the benefits of cost segregation studies and the potential of short-term rentals. She recommends books like 'Crushing It in Apartments' and 'Principles' and shares the most impactful lesson she learned: the danger of comfort. Christina's dream dinner guests include her grandparents, Anthony Bourdain, Oprah, and Madonna.

00:00Introduction and Background

01:26Getting Started in Real Estate

03:25Transition to Long-Term Rentals and Short-Term Rentals

04:49Balancing Real Estate with Other Occupations

05:43Finding Time for Real Estate

06:39The Importance of Education and Networking

08:51Goals and Freedom in Real Estate

10:06Building a Real Estate Portfolio

11:33Understanding Risks in Real Estate

12:32Underwriting and Evaluating Deals

13:58The Risk of Partnering with the Wrong People

15:26The Disconnect Between Sellers and Buyers in the Real Estate Market

22:13Success with Short-Term Rentals

25:36The Benefits of Cost Segregation Studies

28:00The Importance of Networking and Getting Uncomfortable

30:01Book Recommendations: Crushing It in Apartments and Principles

31:27The Most Impactful Lesson: The Danger of Comfort

32:26Dream Dinner Guests: Nana and Papa, Anthony Bourdain, Oprah, Madonna

33:24Actionable Steps: Insurance Quotes, Researching Airbnbs, Focus on One Thing

Connect with Christina Kovacs:

Website: https://www.christinakovacs.com/

AirBNB: https://www.airbnb.com/rooms/694932883425204921?adults=1&viralityEntryPoint=1&s=76&unique_share_id=1CC24066-1E7D-4CFE-A958-F0C8BD65FE58&_branch_match_id=1291350279466137274&_branch_referrer=H4sIAAAAAAAAA8soKSkottLXT0zKS9LLTdU3KfAqMEk09XF2TQIADl2IfhsAAAA%3D&source_impression_id=p3_1709120125_GW4Hdn3e7iDqSFmU

Connect with Emeka Ogbonna:

Website: Gobonnaequity.com

Instagram: https://www.instagram.com/stayreadyrealestate/

Podcast: https://rss.com/podcasts/stayreadyrealestate/

LinkedIn: https://www.linkedin.com/in/emeka-ogbonna-481379164/