A graduate from Boston University’s School of Management, Alex Hodara began his real estate career during his freshman year of college. Alex quickly found a niche renting apartments to students of the university, later founding the Hodara Real Estate Group in his junior year.
At 23, Alex and this agency now focus mainly on investment sales and property management. It is through these sales that Alex has become one of the youngest and most successful real estate brokers in the country. Recently, he was named by Bloomberg Businessweek, as one of the “Top 25 Entrepreneurs Under 25.”
Alex has also started a web-series, “Making Moves,” which follows him and his team as they deal with the day-to-day of developing their careers, getting through school, and traveling the country, helping other young entrepreneur’s develop their businesses. “Making Moves” is currently being developed for a reality series and is slated to begin production Fall 2011.
Why get into real estate, especially just having started at a prestigious school like Boston University?
I have always been very entrepreneurial. For example, in high school I started a business where I imported poker chips from China and sold them on a self-made website. When I started classes at Boston University’s School of Management I wanted to put the skills I was learning in the classroom to work, so I decided to get my real estate license. I did not have a car so for showings I actually took a cab each time. I spent about $2500 in cab fares that year and pretty much went broke, but I knew if I stuck with it I would ultimately succeed, which I did. Also, there was this cute girl Megan on my dorm’s floor that I wanted to impress, so I thought having my real estate license would be cool. I was right!
How are you able to broker these sales at such a young age?
I have proven a track record for five years, I have a lot of press to back me up, and most importantly I have found a niche that sells itself. The properties that I am finding for my clients are very high yielding due to high rents and low prices, have low to no vacancy, jointly and severely bound leases, and cosigners. Also, I have an established property management company that manages a multimillion dollar portfolio, so investors can feel at ease that we are not just selling them a property and walking away with a commission, we are managing that property for them and will be held to the returns we are representing.
So how has 2011 been? I know the market is still pretty shaky.
I have sold a little over $14 million of real estate so far, which is more than the yearly totals of the majority of the agents who made the NATIONAL ASSOCIATION OF REALTORS “30 Under 30” list.
Why did you create the show, “Making Moves” and where is the show going?
I created to show to inspire entrepreneurs to make moves of their own. We hope to get a show on national TV one day. We have been signed by celebrity talent manager Charles Lago, who manages Josh Flagg from Bravo’s “Million Dollar Listing”, to develop a reality television show based around our story. We are currently in talks with LA based production companies interested in the project, and I’m looking forward to start production this fall.
GetYourBizSavvy has interviewed the entire “Making Moves” team and has followed their web series since the first season. Check out our video interview with the team here.
For more information about Alex Hodara, please visit www.facebook.com/watchmakingmoves or www.watchmakingmoves.com. For press inquiries, please contact Amber Blanchette of Polimedia Entertainment at ablanchette@polimedia.ent.com.






