Inspiring Conversations with David Avgi of Avenues Real Estate & Avgi Capital Group

Today we’d like to introduce you to David Avgi.

Hi David, we’d love for you to start by introducing yourself.
Migrated from Israel as a young kid. Dropped out of high school at 15 and started interning at a real estate brokerage. By 18, I was licensed as a real estate agent. In the meantime, throughout working in real estate, I was a mover. bartender at nightclubs, busboy, waiter, anything to make ends meet in my pursuit of real estate glory. At 20 years old I started working for a massive developer and learned more about the other side of real estate.

Construction, investors, condo books, and acquisitions. By the time I was 21 years old, I was one of the biggest agents in Brooklyn, Selling over $100,000,000 a year in new development condos and having a $200,000,000 portfolio in future listings coming to the market.

Slowly I started venturing into the investment and development side of things myself. As I was doing all that Covid hit. Once Covid, I reconnected with my old mentor, which I used to intern for, and we decided to Merge on the brokerage side and open up Avenues Real Estate. Where today, we have offices in Brooklyn and Manhattan with 100+ agents working underneath us.

In that meantime, on the investment side of the business Avgi Capital Group, I started taking a bigger jump into buying and building more properties spread throughout Manhattan, Brooklyn, Long Island, and even Arkansas.

Alot of sleepless nights. A lot of blood, sweat and tears. But with GOD by my side and a positive outlook I managed to achieve all this by 29 years old. But the honest truth, I’m only getting started. With my sights set on bigger hurdles to take down. All with passion and a massive smile on.

Alright, so let’s dig a little deeper into the story – has it been an easy path overall and if not, what were the challenges you’ve had to overcome?
So many struggles from being scammed, lied to money, not paid, people making false promises or even not valuing me. From falling multiple times to continuously fighting to get back on my feet. When I started at 15 -20 as a real estate agent, I barely made money, having 3-5 side hustles at a time to just pay for my metro card and expenses.

A lot of people saw me as a failure in the field because, after so many years of not making any money, it seemed like maybe it wasn’t for me.

To when I first started investing in properties and investors pulling out just right before we closed on the property, jeopardizing my down payments.

Being owed money from multiple jobs and deals that I closed and not getting paid.

I learned so many valuable lessons throughout in life and in business.

Great, so let’s talk business. Can you tell our readers more about what you do and what you think sets you apart from others?
Avenues Real Estate is a real estate brokerage. We represent landlords, developers, buyers, and sellers on selling, renting, buying, and investing in their next home/project.

We help our clients to actually “put your money where their heart is” finding them their dream homes, holding and guiding them through the process of finding the right home, the right bank, and atty. Educating them on the market so we can provide them with so much value that they enjoy the process and are certain they made an optimal decision.

What I’m proud of brand-wise is the way we teach and cater to our agents with so much love. patience. and assistance to make them feel like we are truly there for our agents and employees, that we value them and their growth, and truly believe in them all, and that gets reciprocated to their clients as well.

Avgi Capital Group focuses on finding the best off-market deals for investments, looking for key opportunities to leverage the assets into income-producing assets. Along with developing and reshaping the new building world

Networking and finding a mentor can have such a positive impact on one’s life and career. Any advice?
What helped in my success was understanding that no one would actually be there for me. Meaning I have to look at myself as an independent contractor; I am the boss but I’m also my employee.

I had to hold myself accountable to study research, add knowledge, and get my work done. Rather than just dreaming a beautiful dream to waking up and making the moves to bring them into reality.

I have many mentors and some I have never met, and I follow them on YouTube and Instagram and even learn more about them through books and podcasts. And other mentors are like my mom and dad who teach me so much wisdom and perspective.

Contact Info:

• Website: https://avenuesny.com
• Instagram: https://www.instagram.com/davidprettyboy/?hl=en
• Facebook: https://www.facebook.com/ISRAELI.Pretty.Boy/
• Youtube: https://www.youtube.com/c/DavidAvgi/shorts