CEOs Under 25 is an occasional, ongoing series about inspirational young executives and how they quickly worked their way to the top.
Name: Alex Hodara
Title: Broker/CEO
Organization: Hodara Real Estate Group
Age at Which He First Became an Executive: 21
Current Age: 21
Heather Huhman: What is Hodara Real Estate Group?
Alex Hodara: We are a real estate brokerage which currently does rentals in the Boston area. We specialize in brokering deals for college students. In the near future, we will start the College Housing Investment Program (CHIP). Most parents do not understand that owning a property in their child’s college area is a profitable option to throwing away rent every month. I have created a program that informs parents of investment properties for sale around college campuses. My program breaks down the amount of cash flow the property will produce while showing how much money each individual property will save the parent compared to renting their child a house or apartment.
HH: How did you become an executive at such a young age?
AH: I got my real estate license freshman year and worked at a rental agency for two years. I then passed the broker test and started my own agency.
HH: What challenges did you face getting to this point, and how did you overcome them?
AH: Balancing going to school and being a real estate agent (and now a broker) has been difficult. However, I have learned to balance my time by keeping a daily schedule. I have to make the most out of every second of everyday. I love working, and I love what I do, so all the hard work is worth it to me.
HH: Is there anything you would have done differently, if you could do everything over again?
AH: I am so lucky I took the time to get my real estate license right off the bat when I started college. I wouldn’t do anything differently.
HH: What advice do you have for others looking to follow in your footsteps?
AH: Use your time in college to work on a project you really love, and take risks. For most people, college is the only time in your life where you can safely take risks. By partaking in this project and learning real estate from the ground up, I have experienced so much and will be able to use this knowledge for the rest of my life. I have taken financial risks, such as opening my brokerage which wasn’t cheap. But, because I am a good college student, I know that if my business failed I could just go back and become a regular college student.
Also, if you are interested in real estate, get your license when you turn 18. It is an incredible asset to have.
Comments
Thank you for you work. Mrs. Del Zotto
After a year of living under this landlord, I feel it's my duty to make my first review of anything online inform future tenants about how untrustworthy, disrespectful, and insincere the group was with us. Personally, Mr. Hodara is rude to his clients and I know first hand other students that he has dealt with and they feel the same way about this company.
I would not recommend anyone live in any of Hodara's properties because not only are they falling apart, the quality of interactions and service responsibility shown from the group is more than poor.
It is clear he cares more about his image than his clients. That's an understatement.
I don't mean to bash the kid and his venture; however, it's just not good business and really feel that people should know what they are getting into before leasing a year long contract with the real estate group.
There are plenty of other alternatives for students in Boston that will give you better places, prices, and service.
Look elsewhere,
JC
Got something to say?
Examiner.com is looking for writers, photographers, and videographers to join the fastest growing group of local insiders. If you are interested in growing your online rep apply to be an Examiner today!