What an amazing story shared by Alex Sabio. Alex lives in Southern California and worked on the front lines battling Covid and helping patients as a Respiratory Therapist and has been in the real estate game for a while now. As a child, he first learned about real estate while watching his family members operate a motel on the Las Vegas strip. He then went on to investing in long term rentals (LTRs) in the early 2000’s while also launching his career in healthcare as a respiratory therapist. Unfortunately, with the crash in 2008, Alex learned the more unforgiving side of real estate and had to real back his portfolio.
Over the next several years, Alex continued to progress in his carrer as a respiratory therapist. He and his wife (whose also a respiratory therapist) focused on their family and grew from a family of 2 to a family of 6, welcoming 4 wonderful children. By 2015 or so, they were ready to take another swing at real estate!
Their CPA was actually the one that advised them to consider short term rentals for the tax benefits. Taking their CPA up on his advice, they purchased a cabin in the Great Smokey Mountains of Tennessee. This turned into a wildly successful investment. In Alex’s words “it was an ATM machine”. Alex and his wife have since continued to buy short term rentals, which allowed his wife to walk away from her carreer in healthcare to spend more time with family and on the business.
These days, Alex continues to work as a respiratory therapist and runs an online community supporting other healthcare professionals who want to get into real estate investing. He’s incredibly passionate about helping others recognize their own financial freedom through real estate investing and he continues to give as much as he can to the community!
Links from the show:
https://flow.page/alexsabio
Healthcare Professionals Investing in Real Estate
Instagram
@the_real_alexsabio
@menapace_realestate
https://linktr.ee/menapace_realestate
About the hosts:
Dave is also a licensed real estate agent with Realty Executives Boston West. He specializes in helping investors find their next short term rental investment! If you’d like to learn about the different STR markets in Massachusetts, then call Dave at 508-277-7716 or email davemenapace@realtyexecutives.com for a free consultation!
Contact Info for Hosts:
Dave Menapace
Call/Text: 508-277-7716
Email: Menapacerealestate@realtyexecutives.com
Kim Menapace
Call/Text: 781-738-3403
Email: thefivestarcohost@gmail.com
Dave Menapace is also a Realtor® and licensed agent in the state of Massachusetts.
Realty Executives Boston West
Email: davemenapace@realtyexecutives.com
MenapaceRealEstate.com
https://www.menapacerealestate.com