Episode 302: Strategies for Acquiring Off Market Real Estate with Dain Laverty

Dain Laverty is a Managing Partner of Property Pals; a company that specializes in acquiring off market real estate through a variety of methods! Dain shares his start in real estate including his first deal on Chicago’s south side sourced from Craigslist! He discusses finding his business partner and how he identified their complementary skill sets. Dain discusses different strategies for acquiring off market properties including Subject to and gives pointers on approaching potential sellers! Throughout the episode, Dain drops great insights on transitioning from corporate America to real estate and emphasizes the importance of having a “take action” mindset! If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Dain Laverty, Property Pals USA Link: SUCI Ep 64 - Frank Montro Link: All-In Podcast Link: The Go Giver (Book Recommendation) Link: Dain's Instagram ----------------- Guest Questions 02:37 Housing Provider Tip - Build and keep rapport with your residents to make your life easier! 04:32 Intro to our guest, Dain Laverty! 13:50 How Dain found his business partner! 17:48 Keys to scaling. 26:03 Starting a conversation with a potential seller. 28:54 Expanding beyond Chicago Real Estate. 32:37 Sub2 Financing! 40:35 The Due on Sale clause. 47:49 Dain’s outlook on Chicago! 53:50 What is your competitive advantage? 54:07 One piece of advice for new investors. 54:29 What do you do for fun? 54:46 Good book, podcast, or self development activity that you would recommend?  54:24 Local Network Recommendation?  56:23 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.