Nick Despotidis

With licenses in California, Maryland, Virginia, and DC, Nick Despotidis has helped over 1,455 families and guided $935M in sales as VP of Sales for Eng Garcia Properties. Ranked in the Top 1.5% of Realtors in the Nation for five consecutive years, Nick’s dedication to his clients shines through in every transaction. His background as a "reformed banker" includes key roles at PNC Bank, Citi Bank, and the FDIC, where he was deeply involved in Dodd-Frank oversight and analyzed Significantly Important Financial Institutions (SIFIs). This unique experience gives him a strong financial foundation that directly benefits his clients, especially when navigating real estate investments and risk management.

Nick is proud to have earned the trust of his clients by being someone they feel comfortable and well-educated with throughout the entire process. Whether buying, selling, or investing, Nick ensures his clients fully understand the next steps and feel confident in their decisions.

He specializes in:

• Accessory Dwelling Units (ADUs)
• 1031 Exchanges
• Value-Add Investing
• Flipping & Rehabbing
• Buy-Hold & Landlord Strategies
• House Hacking & Airbnb
• Buy Renovate Rent Refinance (BRRRR)

One memorable achievement? Helping a veteran buy a 4-unit property with $0 out of pocket, securing a $56K closing cost credit on a $1.5M deal—all while ensuring the rental income covered most of the mortgage.

Nick’s educational journey includes earning an MBA from Johns Hopkins University, where he was involved in the Student Government Association, and leading the Hellenic Association during his time at Saint Joseph’s University. This leadership experience, paired with his business background, allows him to handle complex transactions while always prioritizing his clients’ best interests.

Outside of real estate, Nick’s biggest joys are his two daughters, ages 3 and 1, who inspire him every day. He also leads the GRID LA Investor Club, a meetup for real estate entrepreneurs focused on networking, learning, and growing wealth.Nick enjoys giving back, whether it’s fundraising for Cystic Fibrosis, March of Dimes, Autism or running with the homeless for Back on My Feet. When he's not working or spending time with his family, you can find Nick on the basketball court, channeling his New Jersey roots.

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