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Elliot Ambalo

Brooklyn, New York, United States

http://elliotambalo.com

Elliot Ambalo embarked on his captivating journey into the realm of real estate as an apartment rental assistant. Drawn by the investment and development aspects of the business, he skillfully utilized his networking acumen to gain invaluable insights from the landlords he interacted with. In 2016, fate introduced him to an active developer in Brooklyn, a vital connection that would profoundly impact his career trajectory. Although not a formal mentor, the developer entrusted Elliot with the freedom to work independently, allowing him to immerse himself in the complexities of real estate development. This self-driven exploration became a transformative experience, enabling Elliot to understand his strengths and weaknesses while grasping the intricacies of running a successful business. Though financial gains during his approximately two-year tenure might not have been substantial, the knowledge and experience he acquired were genuinely priceless. Fueled by an unwavering entrepreneurial spirit, Elliot embarked on his solo venture in 2017, forming a partnership with another individual to venture into the New Jersey housing market. Recognizing the untapped potential of less competition and lower home prices compared to New York City, this strategic move paved the way for his entrepreneurial journey. By the close of 2018, Elliot began establishing his own real estate company, later joined by his brother as an esteemed partner. The company's primary focus centered on the acquisition and renovation of vacant homes scattered across the vibrant boroughs of NYC. Elliot's academic background played a pivotal role in shaping his career. After graduating high school in 2012, he pursued further education at Touro College, skillfully balancing academics with his burgeoning interest in real estate. The discipline and principles instilled in him during his religious day school upbringing significantly contributed to his strong work ethic and core values.

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