FIBI Pasadena

When: Thursday October 16, 2025 @ 7pm IN PERSON ONLY
Link to register and PrePay: $20 ($25 day of)
https://forms.gle/hHDMaKrvP4Vkcpy49

FIBI Pasadena Real Estate (RE) is happy to present:

TOPIC: FIBI Pasadena: Invest Smarter, Not Harder: Real Estate Wealth Strategies with Colm McEvilly
Also: Let's welcome Colm McEvilly as the guest of FIBI Pasadena.

When: Thursday October 16, 2025 @ 7pm IN PERSON ONLY
Where: NEW LOCATION - Sierra Madre Woman's Club, 550 West Sierra Madre Blvd
Fee: $25 at the door

Link to register and PrePay: $20 https://forms.gle/hHDMaKrvP4Vkcpy49
or $25 Day of the event
FIBI Pasadena is pleased to present, Colm McEvilly as our guest speaker for October 16, 2025.
Colm McEvilly's presentation centers on how investors can strategically build wealth in real estate through compounding, smart deal analysis, and leveraging systems and technology.
He’ll cover the process of sourcing, filtering, analyzing, and selecting deals using a structured system and deal screener. Key insights include:

• The importance of understanding not just how much income you make, but how you make it.
• Common pitfalls: lack of knowledge, underestimating future costs, and overreliance on a single income source.
• Using real estate as a hedge against inflation and a path to professional-level returns even for newer investors.
• Core principles like ROIT (likely Return on Invested Time), avoiding the “triple T’s” (tenants, toilets, trash), and the benefits of scaling.
• Advantages over other asset classes such as less volatility than stocks, tax benefits, and liability management.

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About Colm McEvilly:
Colm McEvilly is a real estate sponsor with years of experience in both mechanical building systems and real estate finance. Colm’s involvement in real estate development goes back to his childhood. The son of a mechanical plumbing contractor, he spent ages 8 to 22 working in the field sorting fittings, excavating, installing piping and learning to read blueprints. Colm attended Cal Poly ( the real one) and graduated with a bachelor's degree in engineering. Upon graduation began a career as a mechanical engineer working in the HVAC industry. He spent years assisting clients in selecting and installing HVAC systems in large industrial and commercial facilities. In 2013, Colm began investing in single family properties and amassed a small portfolio of rentals.

Colm was born with congenital heart defects ( TGA & VSD) and has had several open heart surgeries during his life. Due to his experiences with open heart surgeries and the gratitude he has for the doctors that saved his life, Colm is committed to giving back to the medical community that has not only given a life back to him but many others as well. Colm’s goal is to be the go to real estate resource for life saving medical professionals.

At age 30, Colm suffered a heart valve failure. After a successful TAVR procedure and recovery, his entire perspective changed and he realized he needed to spend his time doing personally fulfilling work. After a successful exit from the corporate world, he joined a successful syndication team and worked as the Investor Relations Manager. As a part of this team he learned the importance of conservative underwriting, non-intrusive marketing, and treating other people's capital with greater value than your own. Colm helped scale their investor relationship department and was instrumental in helping 4 teams collectively raise $238M from retail investors.

Colm's three main missions for 2025:
1. Set up a thriving charity to pay for therapy for those in his community that have gone through heart surgeries.
2. Bravely showing up to serve medical professionals as their trusted advisor while they embark on their lifestyle investing journey. Providing content with candid prudent advice, and tangible action item takeaways for his clients.
3. Move towards silly discomfort and fears. Challenging himself everyday and keeping himself accountable with a habit tracker.

Local Charity
50% proceeds to go to a charity called "Food and Friends" in Pasadena
Members are encouraged to bring canned food to donate!
https://friendsindeedpas.org/donate/
Here is there wishlist for link

Description:
How to Find, Fund, Fix & Flip Your Way to Wealth
Join Christina Suter (out-of-state investor, syndicator, and coach) with FIBI Pasadena and Nick Despotidis(REALTOR® & Fix-and-Flip Specialist) with GRID LA on Thursday November 20th for an unforgettable night of education, networking, and deal-making.
Nick will share real, current examples from today’s market, while Christina will reveal insights from her flipping days in the early 2020s—lessons that still apply right now.
What you’ll learn:

• 🔎 AI Tools for Deal Finding — how to use Zillow, AI, and technology to source the best opportunities in your market.
• 📊 AI for Analysis — quickly break down comps, construction costs, and ROI with today’s tech.
• 🏡 Design & Construction Choices— how to create dream homes that sell for top dollar with minimal risk.
• 💰 Wealth Building — why every flip should fuel long-term wealth through buy-and-hold investments in appreciating or cash-flowing markets.
• ✨ 50% of proceeds will be donated to Friends in Deed in Pasadena. We also encourage members to bring canned food to support their mission—here’s their wishlist and donation link

🎟️ Reserve your seat today — $25
💬 Reply “COMMUNITY” to get your free guide: 5 Mistakes Realtors, Wholesalers & Investors Are Making in 2025.

Bio:
Nick Despotidis, the Fix & Flip REALTOR®, specialist, helping investors buy, renovate, and sell homes in Pasadena and across the Greater Los Angeles Market. With more than 150 homes sold and $80M+ in volume, Nick brings both sharp financial insight and local know-how to every deal.

Before diving into real estate, Nick worked in banking—so crunching numbers, structuring deals, and making sure the math adds up is second nature. Now he puts that background to work guiding clients through the entire flipping process: sourcing the right property, negotiating strong contracts, connecting them with vetted contractors and lenders, and marketing the finished home with his signature “pretty and gritty” approach to get top dollar fast.

Nick knows how competitive the LA market can be because he’s lived it—before relocating his family from Washington DC, he bought their home in the Pasadena area and quickly learned how relationship-driven this market really is. Today, Nick helps investors succeed while also running GRID LA, a growing community of 250+ flippers, dealmakers, and real estate pros who come together to share knowledge, opportunities, and a few good laughs along the way.

When he’s not working, Nick is with his wife and two daughters—or playing basketball with friends.