Catalin Maticiuc of Compass joins us to share a wonderful immigrant success story involving house hacks on the North Side and BRRRRs on the South Side of Chicago!
Catalin talks about him immigrating to the United States and getting started in real estate! He speaks about the sleepless nights he had on his first house hack in Humboldt Park involving a FHA 203k loan to renovate that property. He goes on to talk about investing in Hegewisch, the adjacent neighborhoods, and why that model has worked for him. Catalin closes with motivating words on his goals and provides advice that investors of all experience levels will find useful!
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04:19 Housing Provider Tip: Be mindful that source of income has been added to the Fair 03:18 Housing Provider Tip: Be aware of tax filing requirements set by lenders!
05:01 Intro to our guest, Catalin Maticiuc!
06:56 Catalin talks about his start in real estate!
17:25 What did Catalin do after his first house hack in Humboldt Park?
22:04 How did Catalin start investing in Hegewisch?
33:30 How has Catalin been able to scale?
41:37 What are Catalin’s next goals?
45:34 What is Catalin's competitive advantage?
46:44 One piece of advice for new investors.
47:33 What do you do for fun?
48:08 Good book, podcast, or self development activity that you would recommend?
49:14 Local Network Recommendation?
49:45 How can the listeners learn more about you and provide value to you?
Guest Name: Catalin Maticiuc
Guest Company: Compass
Guest Link: https://www.compass.com/agents/catalin-maticiuc/
Other Links for show notes:
Brandon Moulton (Renovo Financial)