The Importance of Vetting Contractors with Axel Ragnarsson

Welcome to Real Estate (Un)Success Stories. Our host, Cody Lewis, welcomes Axel Ragnarsson with Aligned Real Estate Partners to the show to share with you the importance of vetting contractors and how critical they are to the success or failure of your project.

 

 

Aligned Real Estate Partners, which has been a principal party in $27M+ worth of transactions since inception. Currently, Aligned REP owns over 300 units of multifamily real estate valued at $28M+. Axel also hosts The Multifamily Wealth Podcast, one of the most highly rated podcasts in the industry, where he interviews real estate investors and dissects how they started, built, and scaled their businesses.

 

 

The leadership at Aligned Real Estate places an emphasis on consistent communication with their investors, complete transparency throughout the investment process, and using deal structures that align our incentives with our limited partners'. They also pride themselves on working with investors who are newer to passive real estate investing... meaning they offer lower investment minimums and increased access to deals.

 

 

Key Takeaways:

 

• It’s absolutely critical to work with the right people.
• You can’t hire a contractor based upon price alone.
• You need to get references and know who their subcontractors are.
• Don’t bite off more than you can chew.

 

 

 

Axel is active on Instagram and you can also find him on LinkedIn.

 

 

Thanks for listening to The Real Estate (Un)Success Stories podcast.  Help someone hear the challenges we went through so they can avoid the same mistake by sharing this episode or listen to our previous episodes. Please don’t forget to leave a review and 5-star rating on your favorite podcasting platform.

 

 

Vendue Capital is on the Web and, you can connect with our host, Cody Lewis on LinkedIn.

 

Production services for The Real Estate (Un)Success Stories podcast are provided by Downtown Podcasting. To start a conversation on how you can have a podcast, simply send an email to info@downtownpodcasting.com.