Oscar Medina of AMG Realty joins us to discuss his journey from wholesaling to a thriving fix-and-flip business at only 23 years old!
Oscar starts by explaining how transitioned into real estate after serving time in the military. He gives a super thorough explanation on subject-to deals including pros, cons, and top considerations when pursuing these kinds of deals! Oscar shares why he transitioned into flipping properties and breaks down how his most successful strategies for souring lucrative, off-market properties. Oscar closes with some financing tips and an ambitious outlook on his business!
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02:24 Housing Provided Tip - Have an attorney contact to ensure you’re staying compliant on your leases!
03:48 Intro to our guest, Oscar Medina!
09:53 Breaking down subject-to deals.
27:07 Navigating the due-on-sale class.
29:21 Oscar’s translation to fix and flips!
38:17 Education in school vs jumping right into the work force.
40:12 Lessons learned from flipping real estate!
45:01 Options to finance deals.
51:44 What’s your competitive advantage?
52:19 One piece of advice for new investors.
52:45 What do you do for fun?
53:04 Good book, podcast, or self development activity that you would recommend?
54:12 Local Network Recommendation.
54:55 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: Oscar Medina
Guest Company: AMG Realty
Guest Link: https://www.instagram.com/oscar_medina.01/
Other Links for show notes:
Jimmy Vachachira (Attorney Referral)
