How Alec Qualified Deals Nobody Else Could See
How Alec Qualified Deals Nobody Else Could See  
Podcast: NXC Podcast Network
Published On: Sat Mar 28 2026
Description: In this episode of The Omada Podcast, Russell Faucette sits down with Alec Daghlian, Vice President at IREA and commercial real estate specialist, for real talk on what's actually happening in Salt Lake's market. If you're looking for business advice on the BRRRR method, commercial versus residential investing, and why Utah's rental market is about to flip from surplus to shortage, this conversation delivers the ground-level intelligence most investors miss. Alec Daghlian is Vice President at IREA (Investment Realty Advisors), specializing in investment properties, multifamily, retail, industrial, and development opportunities across Utah and nationwide. Born and raised in the Avenues of Salt Lake City, Alec brings over 20 years of family legacy in real estate and more than 9 years of personal experience in property management and commercial real estate. He has successfully managed, marketed, maintained, and developed over 200 units and completed more than 50 transactions. A University of Utah alumnus who was headed to PA school before his parents threw him into the deep end with a 12-plex, Alec now serves as President of the Sigma Chi Alumni Chapter. He's fluent in Armenian and brings a hospitality-first approach from his family's restaurant industry background. Russell Faucette is the Broker and Co-Founder of Omada Real Estate, a premier Utah brokerage he founded alongside Jeremy Martin. With over 17 years in residential real estate since 2007, Russell previously led The Stern Team—one of Utah's top-performing real estate teams—through two of its most profitable years before launching Omada. He holds an Associate Real Estate Broker license and serves as a dedicated real estate coach. Chapters: 0:00 - From PA School to Property Management 3:00 - The BRRRR Method Explained 7:00 - How to Rehab Without Overspending 11:00 - Commercial vs Residential: Two Different Worlds 15:00 - Office Vacancy Crisis and Work From Home 20:00 - The Power District: Salt Lake's $3.5B Transformation 25:00 - The Coming Rental Shortage Nobody Sees Connect with Alec Daghlian: 🔗 Company: IREA (irea.com) 🔗 Instagram: @DagRealEstate 🔗 Phone: (801) 879-6243 Connect with Russell Faucette: 🔗 Company: Omada Real Estate (omadarealestate.com) 🔗 Instagram: @RussFaucette About The Omada Podcast: The Omada Podcast explores real estate investing, market insights, and the strategies behind building wealth through property in Utah and beyond. ⚡ Powered by NXC Podcast Network #thenxcpodcastnetwork #theomadapodcast #entrepreneurship