Dan Nelson Unveils Overlooked Opportunities in Chicago REI
Dan Nelson is a real estate agent and investor with over 2 decades of experience flipping properties and buying rentals!
Dan jumps right in by explaining his start in real estate and how success in poker helped fund his real estate business! He breaks down his first few flip projects including lessons learned and great tips on vetting contractors. Dan talks through the challenges of getting off the ground as a new real estate agent and provides advice for rookie agents. He gets granular on investment performance expectations across various Chicago neighborhoods including areas he is extra bullish on. Throughout the episode, Dan hammers home the importance of taking a 10,000-foot view letting time be your biggest asset when it comes to succeeding in real estate investing!
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02:03 Housing Provider Tip - Protect yourself against rental listing scams.
04:20 Intro to our guest, Dan Nelson!
13:02 How to find and vet contractors.
14:24 Dan’s geographic area of focus!
18:01 Getting off the ground as a new real estate agent.
20:23 Chicago neighborhood expectations for investors!
30:25 Providing value as a real estate agent.
34:25 Common mistakes investors make when analyzing buildings.
41:33 Dan’s outlook on Chicago!
44:23 What is your competitive advantage?
45:33 One piece of advice for new investors.
46:14 What do you do for fun?
46:25 Good book, podcast, or self development activity that you would recommend?
46:50 Local Network Recommendation?
47:14 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: Dan Nelson
Guest Company: Dan Loves Houses
Guest Link: https://www.danloveshouses.com/
Other Links for show notes:
