We had the good fortune of connecting with Josiah Thropay and we’ve shared our conversation below.
Hi Josiah, can you walk us through the thought-process of starting your business?
From an early age, I knew I wanted to build a life that would allow me to be a very present husband and father. Growing up playing sports and really having a deep passion for football, the equation for me was to play in the NFL and spend as much time as I could with my family with my off time. As life would have it, I retired after my senior year of college and didn’t have a clue what I wanted to do, so I used my accounting degree to get in with a local firm. After 2 years of working 8-10 hours a day at a desk or driving to clients, I realized my dream of having a flexible schedule, being a present family man, and having the financial freedom I needed to accomplish that was in jeopardy if I got stuck in the corporate system. Not to bash public accounting, but as I assessed the viability of the business and how it would fit into my life, the national tax partner proceeded to tell me he was traveling 4 days out of the week religiously and figured facetime with his wife and 3 daughters was enough for him. For me, that sounded like a nightmare and if that’s what I was supposed to aspire to be in my time working at the firm, I didn’t want any part of it. Being the man of action that I am, I left the firm April 15th, 2019 and began working with my cousin’s property management company in Santa Monica and leased out apartments but found myself making minimal money. In my time working with him, I was exposed to so many other avenues to make money in real estate and that spurned the idea of getting my realtors license and to maybe begin flipping houses. Here we are now in August of 2021 and I could write a whole book on everything I’ve learned in the past 2 years. At 27 years old, I see a clear path on how I can become financially free which in return will allow me the family centric lifestyle I want to have. Regardless of how our world wants to view the family, I think being a husband, and father are two of the greatest achievements you can have and furthermore being able to mold children around the Bible and instill in them work ethic and character that not only my wife and I can enjoy, but raise children that other people enjoy being around as well.
Alright, so for those in our community who might not be familiar with your business, can you tell us more?
To simply put it, I live my life with purpose and want to bring honesty and integrity to the workplace. Whether it’s a client, potential client, or investor, I want every individual that entrusts me with their money to know that I do everything in my power to give them wise counsel, thorough information, and that the advice I give them is the same advice I live by. One of the rarest things you see in real estate are people who genuinely care about the client/investor more than the money they can make through servicing them. I take a client first approach which brings me so much joy knowing I’m helping people make one of the biggest decisions in their life and knowing with full confidence that I assisted them the best I could. On the investing side of things, I actually flipped my first property in New Jersey in January 2020 and that was me testing conceptually what I had learned. In the ensuing projects, I’ve learned so much with each one, but the most important factor in the success has been my willingness to fail with the knowledge that through the failure or mistakes, I’m going to learn lessons others won’t have the opportunity to learn. At this stage in the game, my advice to any young entrepreneurs would be to appreciate the struggles, brace your face, live with humility because you in fact don’t know everything, and to thank those that help you constantly. Regardless of any success or what I achieve in my life, I’ve learned that The Lord gives the increase but also ushers in the trying times; however my belief in Him never waivers. Also, I am nothing without those around me and the moment I lose sight of that, everything will crumble around me.
Any places to eat or things to do that you can share with our readers? If they have a friend visiting town, what are some spots they could take them to?
I would encourage everyone to go to the Griffith Observatory because even though its a touristy spot, you get amazing views of the city and also get to tour a space museum. I love food, but I actually get the most satisfaction from eating tacos, so I’d take anyone and everyone to my favorite spot, Avenue 26 tacos. Perch is a great place for rooftop dining in downtown but places like underground restaurants like The Edison (converted power plant into restaurant) are great. Unfortunately, I would say the beaches in OC are better in my opinion so I would take folks to Tablerock or Thousand Steps beach in Laguna. For a concert, if Chris Brown is performing, I think everyone deserves the chance to see him perform live because he’s truly spectacular. The rest of the itinerary would probably be tailored to what interests the individual but those are some of my favorite places.
Shoutout is all about shouting out others who you feel deserve additional recognition and exposure. Who would you like to shoutout?
The shoutout is definitely the most important part for me. First, God who has blessed me with the talents, resources and the health to manage the stress that comes with what I do. Secondly, my parents have allowed me to move home and essentially pick up a brand new industry and through their encouragement and patience, I’ve really been able to flourish having their unconditional support. From there, my best friend Raymond Santos who helped me gain perspective on my life and was one of the main encouragers for me leaving my job and pursuing a different career that allowed me to control my own time, on top of that, he was the first person to invest money with me and has really allowed me to come into my own on the development side of things. Lastly are a trio of real estate folks, my cousin Matthew Williams (Owner of Williams Real Estate Advisors in Santa Monica) for encouraging me to get into the real estate space, my cousin John Perovich for being intentional with me and showing me the ropes of being a top tier real estate agent and finally my good friend Tony Nguyen, owner of Nandco Construction who is now my GC of preference. There are so many others that have helped/encouraged me along the way, but these are a few mains.
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