Paul de Luca of The Axon Group joins us to provide great insights on leveraging house hacking to grow a portfolio and how to succeed as an investor-friendly real estate agent!
Paul jumps right into the nitty gritty of his first couple house hack deals! He gives tips on getting off the ground as a new real estate agent and the 101 on Chicago non-conforming units. Paul shares how he handled various troublesome tenants and provides his take on emerging neighborhoods where he’s investing! Throughout the episode, Paul demonstrates how focus and taking action have been keys to his investing success!
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03:25 Housing Provider Tip - Consider the ROI on central HVAC!
05:08 Intro to our guest, Paul de Luca!
10:52 Reflecting on Paul’s first house hack.
13:45 Getting into house hack #2!
21:20 Getting started as a new real estate agent.
25:32 Valuing non-conforming units.
31:33 Handling problem tenants.
36:18 Neighborhood guide for investors!
42:35 Paul’s 5 year outlook!
48:48 What is your competitive advantage?
49:23 One piece of advice for new investors.
49:50 What do you do for fun?
50:00 Good book, podcast, or self development activity that you would recommend?
50:31 Local Network Recommendation?
50:55 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Paul de Luca
Guest Company: eXp Realty - The Axon Group
Guest Link: https://www.theaxongroup.com/agents/Paul_De_Luca/8502434
Other Links for show notes:
SUCI Ep 354 - Jake Fugman & Mike Scanlon
5 Types of Wealth (Book Recommendation)