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Alex Felice

30 Podcast Episodes

Latest 11 Sep 2021 | Updated Daily

Weekly hand curated podcast episodes for learning

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Beating Broke, Leveling Up, and Real Estate | Alex Felice

The FI Show

Today's episode features Alex Felice from Broke is a Choice.Yes, Alex chose that name to be a little controversial. He likes to stir things up a little and get the conversations going.For him though, he found himself broke in 2010 and he did make that choice to turn things around.He poured himself into personal finance education and completely reinvented his relationship with money. In 2014, he decided real estate would be his angle towards freedom.18 months into his journey, he made more money than an idiot like him should have (haha his words, not ours).These days his real estate deals just keep getting bigger and bigger including a recent deal that brought in over 50 units to a group of investors.You won't want to miss Alex's views on beating broke, leveling up, and investing in real estate.Now take some time and see if you can learn about some choices you should make!Links From the Episode Find Alex on Facebook Find Alex on Instagram Broke is a Choice Book Recommendations  Youtube ChannelJoin the CommunityWe’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab our FREE Budget Planner Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFIshow [dot] comIf you like what you hear, please subscribe and leave a rating/review!>> You can do that by clicking here <<Learn More About Your HostsFly to FI (Cody’s Blog)Saving-Sherpa (Justin’s blog)


25 May 2021

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E70: Alex Felice - He shares the effects of undercapitalizing and how he turned his property around!

True Multifamily

Alex Felice of Broke Is A Choice gets real with Justin Fraser to talk about his introspection about the challenges and mistakes he made like when Alex undercapitalized, affecting the whole process of turning a deal. He also shares how he learned from his mistakes and managed to get a really great return. Alex also shares how he rebranded a property that had a previously bad reputation. He gives tips on tenant management, property marketing, and rebranding, essentially adding more value to his property and his tenants’ lives. Follow, Share & Subscribe! True Multifamily: Website Facebook Instagram YouTube Justin Fraser's Social Media: Facebook Twitter Instagram LinkedIn Connect with Alex Felice: Website Facebook Instagram LinkedIn BiggerPockets


3 May 2021

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Episode 65: Learning Content Marketing and Sales with Alex Felice

The Lessons in Real Estate Show

In this week's episode, we are joined by Alex Felice an avid content creator running brokeisachoice.com and the co-host of the From Military to Millionaire podcast. Alex used to be a risk analyst for SBA loans and has been in the real estate business since 2014.  He began his real estate career as an investor buying single-family homes using the BRRR method and delayed finance and he most recently started buying apartments. In 2019, he bought a 24 unit complex through a joint venture, and in 2020 he closed a 52 unit through syndication.  If you want to learn how to invest in real estate tune in and don't miss this episode with Alex as he shares with us his best practices and how you can achieve financial freedom. Tune in to know his secrets to success and check out Mission First Capital, the first real estate investment fund made specifically for active duty and veteran military investors. In this episode, we explore: Guest Background Learning how to do sales How to be successful in sales Content Marketing Finding the right people for you Evolving to Multifamily Finding the partners to work with About Alex: Alex has been a real estate investor since 2014. Beginning with buying single-family homes using the BRRR method and delayed finance and most recently started buying apartments. In 2019 Alex bought a 24 unit complex through a joint venture and in 2020 he closed a 52 unit through syndication. Alex has a bachelor's degree in Finance and was previously a risk analyst for SBA loans. He is an avid content creator running brokeisachoice.com, producing blogs and videos for Biggerpockets, and is the co-host of the From Military to Millionaire podcast. Snapshot:  What is your number one failure in real estate?   Going too slow and thinking too small and too scared What advice do you have for other military investors to be successful? Don’t hang out with military people. Hang around to people you want to become. What inspired you to marry a military and serve your country? Peer group What is your dream? I want to go to space. Quotes:  “The army did teach me a lot of things about life, a lot of soft skills. But the number thing the military taught me was self-responsibility and that’s the number one lesson to life in my opinion.” “You don’t have to be good at content marketing. What you need to have is an authentic message.” Connecting with the Guest: Website: https://www.brokeisachoice.com/ Facebook: https://www.facebook.com/AlexanderFelice YouTube: https://www.youtube.com/channel/UCKFfj91XXrqmKH0y523X79Q Twitter: https://twitter.com/brokeisachoice Instagram: https://www.instagram.com/alexscottfelice/


8 Apr 2021

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E144: Why Creating Wealth is Easy with Alex Felice

Entrepreneurs Circle

This episode was recorded at an exclusive event called PodMAX where founders had an opportunity to share their stories and knowledge. Special guest host Todd Giannattasio of Tresnic Media leads the conversation down a path of insights, solutions, and collaboration. Join us for our next event at www.podmax.co Six years ago, Alex Felice was broke. He was selling cars and just going through the motions of life living month-to-month like so many people. But it was his commitment to self-responsibility that he looked for ways to self-improve. He sought out all the information he needed about real estate and fast-forward to 2020, he closed on a 52-unit, $3.2 million syndication apartment, started flipping houses, and quit my full-time job. Through his website Broke is a Choice, Alex is able to educate people about real estate investing, having found an easy way to do it. Here are some power takeaways from today’s conversation: Alex’s journey of being broke and selling cars 3 things you need to do to achieve perfect happiness The concept of having a sense of self-responsibility Why creating wealth is easy How to avoid the shiny object syndrome Some tips in real estate investing Episode Highlights: 3 Things You Need to Do to Achieve Perfect Happiness A hobby that makes you money A hobby that keeps you in shape A hobby that keeps you creative Having a Sense of Self-Responsibility People will help you and they will help you selflessly – but the one thing they won't do is help you more than you're willing to help yourself. And so every day when you think you didn't work on yourself, just know that nobody worked on it more than you did. And that’s the key. And interestingly enough, the more you work on yourself, the more people want to be part of it. This is where empowerment comes from and you begin to climb that ladder to success. If you set aside a little time to self-improve, that will compound over time and somebody else will notice you, they'll grab you, and then you can really go far. Why Creating Wealth is Easy People think the journey to creating wealth is way harder than it is. You can’t hope for your employer to pay you enough so you can retire on it. They're going to pay you enough for you to come back to work the next day. They don't want to help you retire. So what happens is people look for help in the wrong place. And you have to learn how to help yourself. All of the information that you could ever possibly want is on the internet – and more and it's not even hiding – you just never ever look for it. The ability to change your life has never in human history been easier because of your cell phone. Instead of screwing around looking at memes and cat pictures, google a podcast about personal finance. Or find people in your area that are doing the same thing, or are doing what you want to do or become. Go look for help and answers because they’re not hiding. Part of it is about immersing yourself in different communities and different like-minded people. It will happen by accident if you do it enough. But if you can be intentional, it will happen faster and better. Resources Mentioned: https://www.brokeisachoice.com Tresnic Media --- Support this podcast: https://anchor.fm/erikecabral/support


22 Mar 2021

Most Popular

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E170: Real Estate Investing for Regular People with Alex Felice

Capital Hacking

Alex Felice is a real estate investor and mentor with Broke is a Choice, co-host of the Military to Millionaire Podcast, and a producer and content creator for BiggerPockets. He has invested in several single family, multifamily, and syndication deals all while learning on the way. In this episode, Alex walks us through some of his deals, his missteps, how he was able to raise capital and get out of massive debt. We also learn about how he got involved with the BiggerPockets community, and how he was able to build the right team by leveraging all of his skills. Reference Links Alex’s Website https://www.brokeisachoice.com/ Alex Facebook https://www.facebook.com/AlexanderFelice From Military to Millionaire Podcast https://www.frommilitarytomillionaire.com/podcast-episodes/ BiggerPockets https://www.biggerpockets.com/


11 Mar 2021

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45 - How to Avoid Over-Improving Properties (& Make Bigger Profits!) by Alex Felice

BiggerPockets Daily

https://www.biggerpockets.com/blog/brrrr-backward-avoid-over-improving-during-rehabSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


28 Nov 2020

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Bigger Cash Flow Podcast 074: Broke is a Choice w/ Alex Felice

Bigger Cash Flow Podcast

Show Notes:Today we have on Alex Felice. Alex got his start into real estate investing in 2016 and has been crushing it ever since. In 2019 he closed on 8 single family homes, a 24 unit apartment complex, and is looking to actively grow his portfolio. You may have seen Alex on his website www.brokeisachoice.com. Since getting his start into real estate he has aggressively networked with other top performers to help get on shows such as BP as well as Military to Millionaire. We’re excited to have Alex talk about his path to financial freedom and how he is growing bigger cashflow!On this episode you'll learn:-Alex’s background and how he got started-Alex’s mindset shift to move into financial literacy-The idea of “Broke is a Choice”-Investing in yourself-Alex’s journey to find his first deal-The key of taking action-The value of networking - Being Loud-Other types of education that Alex lovesContact Info:Website: www.brokeisachoice.comYoutube: https://www.youtube.com/user/alexfelice


25 Oct 2020

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Scaling from 8 Single Family BRRRRs to a 24 Unit Apartment Building with Alex Felice

Road to Family Freedom

Alex Felice – of BrokeIsAChoice.com, talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. Alex is the first repeat guest on The Road to Family Freedom. He talks about his journey from buying 8 single family rentals using the BRRRR strategy, to buying a 24 unit apartment building with 5 other partners.Post-Interview AnalysisKey Lessons Learned: Real Estate is hyper-regional, there is no “national real estate market”. The market in Las Vegas, Nevada is very different from the market in Reno, Nevada, and there are also submarkets within those regional markets. It’s important to understand what is driving and affecting housing demand on a regional and sub-marketEpisode HighlightsAlex recounts his journey from buying 8 single family rental properties using the Buy, Rehab, Rent, Refinance, Repeat strategy, and why he sold his primary residence in Las Vegas, Nevada.Why he stopped buying single-family income properties to focus on buying a 24-unit apartment building and doing flips.What was the purchase price on the 24-unit apartment building?How he found the deal.The importance of networking in real estateHow he purchased the 24-unit apartment building with five other partners.How much capital he put into the deal What’s the business plan to turn around the 24-unit?How is he creating extra income for his partners? How real estate investors who self-manage often step over dollars to pick up dimesThe importance of starting with small, manageable deals before you try and tackle the larger dealsWhy he doesn’t want to own 5,000 unitsWhat is the long-term plan for the disposition of the 24-unit apartment building?The power of commercial real estate to create wealth and income using the combination of Net Operating Income and Cap Rate.The most frustrating aspects of tackling the 24-unitThe importance of not coming into a deal undercapitalized.How and why he has adding flipping houses to his investment repertoire.How is the COVID-19 pandemic affecting the economy and the real estate market?The difference between the pandemic and the Great Recession.The effect of the pandemic on the short term rental marketThe importance of having reserves to deal with unexpected market conditionsBooks and Resources MentionedThe Road to Family Freedom: roadtofamilyfreedom.comIncerto: Fooled by Randomness, The Black Swan, The Bed of Procrustes, Antifragile by Nassim Nicholas TalebBrokeIsAChoice.comYouTube: Alex Felice


1 Jul 2020

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E48: Real Estate Investing During the Focus Pandemic with Anna Kelly and Alex Felice

Real Estate Hackers

Alex and Anna discuss how they are changing and working around Covid. Topics include options from lenders to help landlords and some of the hidden dangers of assistance programs such as forbearance and how they can affect you long term. We also cover some tips to use this time to your advantage such as investing in yourself. We discuss Debt to GDP and how it may affect business as well as what banks are up to now as far as loans and what our experts are predicting for how things will look 8 weeks from now.

1hr 32mins

14 May 2020

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DC 009 From Single Family Homes to Multifamily with Alex Felice

Real Estate Deal Closers with Anette Talie's Podcast

Alex is a real estate investor and has spent a career in bank lending. He is an expert in long distance real estate, debt strategies, and risk analysis. Alex has been buying real estate since 2016 and currently owns 8 single family houses and a small multifamily unit. He is an avid reader, likes to spend time doing photography, lifting weights, and he owns the website brokeisachoice.com which has become a cultural phenomenon. In this episode we talk about: Joint Venture Shifting the Risk Broker Relationships Multifamily Network Scaling Online presence Raising Capital Syndication Problem tenants Subscribe to my Youtube Channel for more great content. Download my Free Deal Calculator Spreadsheet! Links from the show: brokeisachoice.com Talie Investments Facebook Page Talie Investments Instagram Join our Facebook Group South Florida Multifamily & More Talie Investments Resources Please leave us a 5-Star rating and a review in iTunes. Each review helps us reach more people.


3 May 2020