Path of Progress

Path of Progress
  • 5.0 (6)
  • BUSINESS
  • UPDATED WEEKLY

Path of Progress with Alex Kononov is your go-to show for powerful insights into real estate world. As a seasoned real estate investor himself, Alex dives deep into the strategies, lessons, and deals that have fueled his journey—while spotlighting the successes of other top investors, operators, and developers. Whether you're aiming to scale your portfolio, break into new markets, or sharpen your investment strategy, each episode delivers real-world advice and expert perspectives to help you thrive in today’s real estate landscape.

  1. Inside the Mind of a Developer: How Deals Are Really Evaluated | Ep 70 Path of Progress

    4D AGO

    Inside the Mind of a Developer: How Deals Are Really Evaluated | Ep 70 Path of Progress

    In this episode of Path of Progress, Alex Kononov sits down with Justin Goodin — a real estate developer who made the jump from analyzing deals at a bank to building multimillion-dollar projects from the ground up. After years of underwriting multifamily deals, Justin noticed a pattern: most of them didn’t actually make sense. Instead of forcing bad acquisitions, he pivoted. Today, he’s developing $30M+ multifamily and mixed-use projects—and sharing exactly how those deals are structured, where the real risks are, and why development may offer better opportunities in today’s market. This conversation goes beyond surface-level advice. You’ll learn how developers think, how risk is actually managed in construction, and what separates smart operators from the rest. If you're serious about real estate—or trying to understand where the market is heading—this episode is a must-watch. 📌 Key Takeaways: ✅ Why most multifamily deals stopped penciling✅ The real difference between value-add and development✅ How Justin went from underwriting to building $30M+ projects✅ What a Guaranteed Maximum Price (GMP) contract actually does✅ How developers reduce risk in construction deals✅ Why location and supply constraints matter more than ever✅ How future rents are projected in development✅ The biggest mistakes new investors make✅ Why “who you invest with” matters more than strategy✅ The mindset shift required to scale in real estate 📚 Book Recommendation: – Financial Freedom with Real Estate Investing by Michael Blank 🌐 Connect with Justin Goodin: 🌍 Website → https://goodindevelopment.com/ 💼 LinkedIn → https://www.linkedin.com/in/justingoodin/ 📘 Facebook → https://www.facebook.com/justin.goodin.16 📺 YouTube → https://www.youtube.com/@JustinGoodin 📸 Instagram → https://www.instagram.com/justin.goodin/ 🐦 X (Twitter) → https://x.com/JustinGoodin_ 🎧 Listen & Watch the Full Episode: 📺 YouTube → https://youtu.be/W-BYep-AFDY🎧 Spotify🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599 🙌 Stay Connected 📲 Follow us:Facebook: https://www.facebook.com/pathofpro Instagram: https://www.instagram.com/pathofpro LinkedIn: https://www.linkedin.com/in/pathofpro/ X (Twitter): https://x.com/pathofpro YouTube: https://www.youtube.com/@pathofpro TikTok: https://www.tiktok.com/@pathofpro #PathOfProgress #JustinGoodin #AlexKononov #RealEstateDevelopment #MultifamilyInvesting #GroundUpDevelopment #CommercialRealEstate #PassiveIncome #RealEstateInvesting #CRE #DevelopmentDeals #InvestorMindset #CapitalRaising #BuildToSell #DealAnalysis #RealEstateStrategy #Entrepreneurship #WealthBuilding #FinancialFreedom

    55 min
  2. From 30 to 305 Units: The $18M Deal That Almost Failed | Ep 69 Path of Progress

    APR 24

    From 30 to 305 Units: The $18M Deal That Almost Failed | Ep 69 Path of Progress

    In this episode of Path of Progress, Alex Kononov sits down with Dan Costantino, an operator who scaled from flipping houses on the side to acquiring a 305-unit, $18M multifamily portfolio. Dan didn’t start in real estate full-time. While working a W2 in logistics and sales, he began flipping houses and slowly building a rental portfolio on the side. Over time, he transitioned into larger deals, eventually taking a massive leap into multifamily. But this deal didn’t go as planned. After closing, Dan uncovered serious issues—occupancy wasn’t what it seemed, tenant quality was poor, and income projections quickly fell apart. Within the first year, the property faced a $600K+ deficit, forcing him to pause investor distributions and navigate one of the toughest periods of his career. This episode is a raw, behind-the-scenes look at what really happens when scaling goes wrong—and what it takes to recover. From raising millions in capital to rebuilding operations and restoring investor trust, Dan shares lessons that most investors only learn the hard way. Whether you're just starting out or scaling into larger deals, this episode is packed with real-world insights, hard truths, and valuable strategies. 📌 Key Takeaways: ✅ How Dan scaled from flips to 300+ units✅ The real story behind the $18M deal✅ What went wrong after closing the property✅ The risks of inaccurate occupancy and projections✅ Losing $600K+ and handling financial pressure✅ Why he paused investor payments✅ How he stabilized and turned the deal around✅ Raising $5M in capital for large deals✅ The importance of due diligence at scale✅ Why scaling too fast can backfire 📚 Book Recommendation: – Rich Dad Poor Dad by Robert Kiyosaki 🌐 Connect with Dan Costantino: 📸 Instagram → https://www.instagram.com/dancostantino_/🌍 Website → https://www.412ah.com/ 🌍 Website → https://www.achievecapitalpartners.com/🌍 Facebook → https://www.facebook.com/dancostantino💼 LinkedIn → https://www.linkedin.com/in/dan-costantino/ 🎧 Listen & Watch the Full Episode: 📺 YouTube → https://youtu.be/Ild36b0g0Nw🎧 Spotify🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/from-30-to-305-units-the-%2418m-deal-that-almost-failed/id1782550599?i=1000763457218 🙌 Stay Connected #PathOfProgress #DanCostantino #AlexKononov #RealEstateInvesting #Multifamily#ApartmentInvesting #CapitalRaising #RealEstateMistakes #Entrepreneurship#PassiveIncome #RealEstateLessons #ScalingBusiness #PropertyInvesting#FinancialFreedom #RealEstateJourney #InvestorMindset #DealBreakdown#MultifamilyInvesting #Cashflow #WealthBuilding

    1h 15m
  3. Why He Left a CMO Role for Real Estate | Ep 68 Path of Progress

    APR 17

    Why He Left a CMO Role for Real Estate | Ep 68 Path of Progress

    In this episode of Path of Progress, Alex Kononov sits down with William Liu, multifamily investor, operator, and co-founder of GiveRise Capital. Together with his wife Anita, William oversees 160+ units and $37 million+ in assets under management — all while prioritizing family, values-aligned partnerships, and long-term wealth. William’s journey is anything but traditional: from 4 years in the US Army as a Psychological Operations specialist to a 20-year corporate marketing career that took him from ad tech analyst all the way to Chief Marketing Officer in higher education. A forced W2 exit right before his daughter was born became the catalyst to go all-in on real estate. He shares how he applied his marketing and psychology expertise to capital raising, the gritty lessons from his first 76-unit Class C deal in Irving, Texas, and how they quickly scaled to an 82-unit Class A property in Richardson just nine months later. This is a masterclass in infrastructure building, navigating a soft market, creating supplemental loans, and turning military precision + corporate systems into a thriving family real estate business. 📌 Key Takeaways: ✅ From Army PSYOP to CMO — how 20 years of marketing became the ultimate capital-raising superpower ✅ The “forced exit” moment that made him choose family and assets over corporate stability ✅ First deal: 76-unit Class C in Irving, TX — buying from an upside-down seller and managing concessions in a tough market ✅ Second deal nine months later: 82-unit 2017 Class A in Richardson — value-add office-to-unit conversion + supplemental loan strategy ✅ Why values alignment and spending full days with potential partners beats any LOI ✅ Applying investor funnels, CRM, and content to syndication (exactly like performance marketing) ✅ Property management vs. asset management — the lesson that changed everything ✅ Building community through Subtle Asian Real Estate and targeting Asian-American investors in their 30s–40s ✅ Cash conservation mindset in a soft Texas market and why “cash is king” right now ✅ Long-term vision: more multifamily, debt funds, private equity, and creating generational wealth 📚 Book Recommendation: – The Five Dysfunctions of a Team by Patrick Lencioni – Rich Dad Poor Dad by Robert Kiyosaki 🌐 Connect with William Liu: 📸 Instagram → https://www.instagram.com/will.girldadinvesting/ 💼 LinkedIn → https://www.linkedin.com/in/willliuh/ 📧 Email → william@giverisecapital.com 🌍 Website → https://www.giverisecapital.com/ 🎧 Listen & Watch the Full Episode: 📺 YouTube → https://youtu.be/SSp4L8W7YlE 🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599 🙌 Stay Connected 📲 Follow us: Facebook: https://www.facebook.com/pathofpro Instagram: https://www.instagram.com/pathofpro LinkedIn: https://www.linkedin.com/in/pathofpro/ X (Twitter): https://x.com/pathofpro TikTok: https://www.tiktok.com/@pathofpro #PathOfProgress #WilliamLiu #GiveRiseCapital #MultifamilyInvesting #CapitalRaising #RealEstatePodcast #FromCorporateToMultifamily #FamilyFirstInvesting #TexasMultifamily #AssetManagement #SupplementalLoan #ClassCtoClassA #PassiveIncome #LegacyBuilding #AlexKononov

    56 min
  4. Musician → Landlord Attorney: One Man’s Journey Through Crises and Success | Ep 67 Path of Progress

    APR 10

    Musician → Landlord Attorney: One Man’s Journey Through Crises and Success | Ep 67 Path of Progress

    In this episode of Path of Progress, Alex Kononov sits down with a unique guest who followed an unconventional path—from studying engineering to practicing law, and ultimately building wealth through real estate investing. While continuing his career as a real estate lawyer, he strategically leveraged his knowledge of the legal system to invest smarter and scale his portfolio. This episode breaks down how combining professional expertise with investing can create powerful opportunities. Instead of relying on a single income stream, he built a dual path—balancing a legal career while growing in real estate. You’ll learn how he transitioned across industries, how legal knowledge gave him an edge in deals, and how he approached risk, growth, and long-term wealth building. This is a practical and mindset-driven conversation for anyone looking to build income beyond their primary career. Whether you're a student, working professional, or aspiring investor, this episode shows how to think long-term, leverage your skills, and create opportunities in real estate. 📌 Key Takeaways: ✅ Transitioning from engineering to law to real estate ✅ Using legal knowledge to invest smarter ✅ Building multiple income streams while working full-time ✅ Why relying on one career can limit growth ✅ Leveraging skills from one field into another ✅ Mindset shifts needed for long-term wealth ✅ Balancing career stability with investing opportunities ✅ How professionals can enter real estate strategically 📚 Book / Resource Recommendation: – The Torah – Gary Vaynerchuk snippets on hiring & firing fast🌐 Connect with Niv Davidovich: 📧 Email → niv@davidovichlaw.com 🌍 Website → https://davidovichlaw.com/ 💼 LinkedIn → https://www.linkedin.com/company/davidovich-stone-law-group 📸 Instagram → https://www.instagram.com/davidovichstone 📱 TikTok → https://www.tiktok.com/@davidovichstone 👍 Facebook → https://www.facebook.com/davidovichstone/ 𝕏 X (Twitter) → https://x.com/DavidovichLaw ▶️ YouTube → https://www.youtube.com/channel/UCFjWau0jLOas3AhkqUGcMsw🎧 Listen & Watch the Full Episode: 📺 YouTube → https://youtu.be/XST4jivm_bQ 🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599🙌 Stay Connected 📲 Follow us: Instagram → https://www.instagram.com/pathofpro/ Facebook → https://www.facebook.com/pathofpro/ LinkedIn → https://www.linkedin.com/in/pathofpro/ TikTok → https://www.tiktok.com/@pathofpro#PathOfProgress #NivDavidovich #RealEstateInvesting #LandlordAttorney #MultifamilyInvesting #CaliforniaRealEstate #EvictionStories #MusicProducerToInvestor #RealEstateLaw #PassiveIncome #InvestorMindset

    1h 2m
  5. The Strategy Behind Jonathan Paz’s $72M+ Real Estate Portfolio | Ep 66 Path of Progress

    APR 3

    The Strategy Behind Jonathan Paz’s $72M+ Real Estate Portfolio | Ep 66 Path of Progress

    In this episode of Path of Progress, Alex Kononov sits down with Jonathan Paz, founder of KPI Capital Partners, who oversees a $72M+ investment platform spanning multifamily, land development, and energy infrastructure. Jonathan shares his journey: starting in subprime mortgages right after high school, moving into hedge funds and mortgage-backed securities, surviving the 2008 crash as a limited partner (LP), and scaling from single-family flips and land procurement (4.5X returns) to managing $72 million in assets under management — while now acquiring and scaling power plants for data centers and hyperscalers. This is a masterclass in vertical integration, conservative underwriting, smart capital raising, and building a diversified real estate + energy empire. 📌 Key Takeaways:✅ Early start in subprime finance right after high school✅ First LP deal in 2007 and navigating the 2008 crash✅ Land procurement strategy that delivered 4.5X returns in 10-14 months✅ Scaling from 4 single-family homes to 14 full-cycle multifamily deals✅ Why he used his own money first before raising external capital✅ Targeting emerging markets like Cleveland, Tulsa, Atlanta & more✅ The bold pivot into acquiring and scaling power plants✅ Family office deals, 506B vs 506C syndications, and powerful tax strategies✅ His ambitious 5-year vision: 5,000–6,000 units + 4-5 gigawatts of energy Whether you're a beginner investor, aspiring GP, or interested in alternative assets like energy, this episode is packed with tactical insights and long-term vision. 📚 Book Recommendations: – Emerging Real Estate Markets by David Lindahl – Atomic Habits by James Clear 🌐 Connect with Jonathan Paz: 📸 Instagram → https://www.instagram.com/jonathanpazofficial/ 💼 LinkedIn → https://www.linkedin.com/in/jonathanpazofficial 🌍 Website → https://kpi-capital.com/ 🎧 Listen & Watch the Full Episode: 📺 YouTube → https://youtu.be/1s8vv6Ts5No 🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/the-strategy-behind-jonathan-pazs-%24100m-real-estate/id1782550599?i=1000759068884 🙌 Stay Connected 📲 Follow us: Instagram → https://www.instagram.com/pathofpro/ Facebook → https://www.facebook.com/pathofpro LinkedIn → https://www.linkedin.com/in/pathofpro/ TikTok → https://www.tiktok.com/@pathofpro X (Twitter) → https://x.com/pathofpro #PathOfProgress #JonathanPaz #KPIcapital #RealEstateEmpire #MultifamilyInvesting #PowerPlants #DataCenters #EmergingMarkets #RealEstate syndication #TaxStrategies #LandDevelopment #PassiveIncome #FromMedicineToMillions #ClevelandRealEstate #TulsaRealEstate #VerticalIntegration

    1h 1m
  6. Timing Matters in Real Estate: Charles Seaman’s Syndication Lessons | Ep 65 Path of Progress

    MAR 20

    Timing Matters in Real Estate: Charles Seaman’s Syndication Lessons | Ep 65 Path of Progress

    In this episode of Path of Progress, Alex Kononov sits down with Charles Seaman, a multifamily investor, managing partner at Cashflow Champs, and coach at Master Passive Income, who went from having zero professional experience to becoming a general partner in 500+ units and completing multiple full-cycle deals. Charles didn’t follow the “guru playbook.” Instead of chasing hype, he built his career by learning from the ground up, spending 14 years inside a real estate operation before stepping out on his own. From struggling to raise his first $2M deal to navigating market cycles and failed assumptions, this episode reveals the real side of syndication that most people don’t talk about. This is a raw, practical breakdown of timing the market, building credibility without shortcuts, and surviving when deals don’t go as planned. If you’re serious about multifamily investing, this episode is packed with hard-earned lessons and real-world strategy. 📌 Key Takeaways: ✅ Why timing matters more than most investors think ✅ The truth about syndication (and why it’s not easy) ✅ How Charles closed his first 92-unit deal with no experience ✅ The biggest mistake new investors make when underwriting deals ✅ Why raising capital is harder than it looks ✅ The “extend and pretend” strategy happening in today’s market ✅ How to build relationships with lenders, brokers, and operators ✅ Why having extra cash can save your deals ✅ The importance of patience in market cycles ✅ How networking creates real opportunities in real estate 📚 Book Recommendation:– How to Win Friends and Influence People by Dale Carnegie 🌐 Connect with Charles Seaman: 📧 Email → charles@cashflowchamps.com 📱 Phone → 347-306-3278 🎧 Listen & Watch the Full Episode: 📺 YouTube → https://youtu.be/qeqhv2Vg2WU 🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/timing-matters-in-real-estate-charles-seamans-syndication/id1782550599?i=1000756357907 🙌 Stay Connected 📲 Follow us: Instagram → https://www.instagram.com/pathofpro/ Facebook → https://www.facebook.com/pathofpro/ LinkedIn → https://www.linkedin.com/in/pathofpro/ TikTok → https://www.tiktok.com/@pathofpro #PathOfProgress #CharlesSeaman #AlexKononov #RealEstateInvesting #Multifamily #Syndication #PassiveIncome #MarketCycles #CapitalRaising #RealEstateTruth #InvestingTips #Entrepreneurship #Cashflow #Networking #FinancialFreedom

    51 min
  7. From NHL Player to 300+ Units: Alexei Semenov’s Real Estate Journey | Ep 64 Path of Progress

    MAR 13

    From NHL Player to 300+ Units: Alexei Semenov’s Real Estate Journey | Ep 64 Path of Progress

    In this episode of Path of Progress, Alex Kononov sits down with former NHL defenseman Alexei Semenov, who transitioned from professional hockey into real estate investing and development. After spending 11 seasons in the NHL, Alexei began studying real estate during the final years of his career. Through discipline, relentless networking, and analyzing dozens of deals daily, he built a growing portfolio that now includes 60+ units in Cleveland and more than 300 units under contract. Alexei shares how his athlete mindset translated into business, the lessons he learned from early hospitality and flipping projects, and how strategic partnerships helped him scale quickly in multifamily real estate. This episode dives into the mindset, strategy, and discipline required to transition from professional sports to building long-term wealth through real estate. Whether you're an athlete preparing for life after sports or an investor looking to scale your portfolio, this conversation offers practical insights and lessons from someone who rebuilt his career from the ground up. 📌 Key Takeaways ✅ How Alexei transitioned from NHL to real estate investing ✅ Scaling from small multifamily deals to 60+ units in under a year ✅ Why networking events can unlock major partnerships ✅ The BRRRR strategy he uses to return investor capital in months ✅ How discipline from professional sports translates into business success ✅ Why Cleveland became a strong cash-flow market for his portfolio ✅ How he analyzes 30–50 deals every day ✅ Lessons learned from hospitality projects and luxury flips ✅ The importance of mentors and partnerships in real estate ✅ Building long-term wealth through cash-flowing assets 📚 Book Recommendations – Rich Dad Poor Dad by Robert Kiyosaki – The Richest Man in Babylon by George S. Clason – BRRRR Investing by David Greene 🌐 Connect with Alexei Semenov 📸 Instagram → https://www.instagram.com/alexeisemenov.co 💼 LinkedIn → https://www.linkedin.com/in/alexei-semenov-b6733120/ 📧 Email → a.semenov@artstrategyinvestment.com 🎧 Listen & Watch the Full Episode 📺 YouTube → https://youtu.be/cNaxJA39y5g 🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599 Stay Connected 📲 Follow us: Instagram → https://www.instagram.com/pathofpro/ Facebook → https://www.facebook.com/pathofpro/ LinkedIn → https://www.linkedin.com/in/pathofpro/ TikTok → https://www.tiktok.com/@pathofpro #RealEstatePodcast #RealEstateInvestor #MultifamilyInvesting #MultifamilyRealEstate #ApartmentInvesting #RentalProperties #PropertyInvesting #PassiveIncomeIdeas #CashflowInvesting #BRRRRMethod #BRRRRStrategy #RealEstateDeals #RealEstateEducation #RealEstateMindset #RealEstateStrategy #ScalingRealEstate #DealAnalysis #DealFlow #PathOfProgress #AlexeiSemenov #RealEstateInvesting #MultifamilyInvesting #PassiveIncome #AthleteToInvestor #RealEstatePodcast #BRRRRStrategy #MultifamilyRealEstate #Entrepreneurship

    48 min
  8. The Dirt Cheap Investment Strategy : Jeremy Brown | Ep 63 | Path of Progress

    MAR 6

    The Dirt Cheap Investment Strategy : Jeremy Brown | Ep 63 | Path of Progress

    In this powerful episode of Path of Progress, Alex Kononov interviews Jeremy Brown, a land investor who specializes in complex deals like rezoning, subdividing, and acquisitions others avoid—with over 100 deals across states. Jeremy's journey is more than deals: from a single dad at 19 starting PC repair, to building a 17-year publishing business (authoring/ghostwriting books, mailing thousands for leads), to facing his son's serious medical needs while living in an RV, then pivoting to land investing that thrived in crisis. He shares the BURN storytelling framework (Beginning-Urgency-Process-Newness) he built his company around, creative no-money-down strategies, authority marketing with books, and how his new book "Pursuit of the Deal" creates deal flow. Raw, faith-driven, and tactical—this is inspiration for anyone facing hardship while building wealth. 📌 Key Takeaways: ✅ Pivoting from 17 years in publishing to land during family crisis ✅ BURN process: Storytelling to close deals, delegate, and manage projects ✅ Mailing physical books + handwritten notes for leads (authority marketing math) ✅ Creative financing: No big cash needed—small EMD, seller terms, assignments ✅ Sweet spot deals: Buy under $250K, subdivide, recap with first 2 lots ✅ Rezoning/subdividing tough land others ignore for big profits ✅ Picking ideal customers (Pareto 80/20) for synergy and joy ✅ Book as networking tool: Free giveaways to realtors/planners for referrals ✅ Mindset gems: Double your money rule, think in pictures, divine appointments ✅ One thing he wishes he knew early: Deals without upfront cash 📚 Book Recommendations: – Book of Proverbs – Think and Grow Rich by Napoleon Hill – Pursuit of the Deal by Jeremy Brown (launching soon) 🌐 Connect with Jeremy Brown: 🌐 Facebook → https://www.facebook.com/jeremy.d.brown.54📸 Instagram → https://www.instagram.com/jeremydbrown/ 💼 LinkedIn → https://www.linkedin.com/in/jeremy-d-brown-7a0b263/ 📧 Email → jeremy@mylegacyacres.com 🎧 Listen & Watch the Full Episode: 📺 YouTube → https://youtu.be/JxksbhKjuz4 🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599 🙌 Stay Connected 📲 Follow us: Instagram → https://www.instagram.com/pathofpro/ Facebook → https://www.facebook.com/pathofpro/ LinkedIn → https://www.linkedin.com/in/pathofpro/ TikTok → https://www.tiktok.com/@pathofpro #PathOfProgress #JeremyBrown #LandInvesting #RealEstatePivot #CreativeFinancing #RezoningLand #SubdivideLand #AuthorityMarketing #BurnProcess #NoMoneyDown #SingleDadSuccess #RVtoRiches #RealEstateJourney #FaithAndBusiness #DealFlow #PursuitOfTheDeal #LandFlipping #ComplexDeals #StorytellingInSales #YoungEntrepreneur #OvercomeHardship

    1h 2m
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About

Path of Progress with Alex Kononov is your go-to show for powerful insights into real estate world. As a seasoned real estate investor himself, Alex dives deep into the strategies, lessons, and deals that have fueled his journey—while spotlighting the successes of other top investors, operators, and developers. Whether you're aiming to scale your portfolio, break into new markets, or sharpen your investment strategy, each episode delivers real-world advice and expert perspectives to help you thrive in today’s real estate landscape.

Information

  • Creator
    Path of Progress
  • Years Active
    2024 - 2026
  • Episodes
    70
  • Rating
    Clean
  • Copyright
    © Path of Progress
  • Show Website
    Path of Progress