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Welcome back to Pave The Way. Today I interview Chris Salazar from Arsenal Properties. At a young age, Chris has already proved himself as a high level real estate investor and today he talks about his journey and were he is heading. On today's show, you will learn the following -Chris and his background -How he started his business and what he did to do it -How he is doing deals in his local market to add a ton of value to his properties -Were Chris is going in the future Contact Info http://csalazar@arsenalcp.com www.arsenalcp.com
Welcome back to Pave The Way. Today I interview Chris Salazar from Arsenal Properties. At a young age, Chris has already proved himself as a high level real estate investor and today he talks about his journey and were he is heading. On today’s show, you will learn the following -Chris and his background -How he started his business and what he did to do it -How he is doing deals in his local market to add a ton of value to his properties -Were Chris is going in the future Contact Info http://csalazar@arsenalcp.com www.arsenalcp.com
Chris Salazar was a finance and accounting student that fell in love with real estate after reading the book “Rich Dad, Poor Dad” while on spring break. Chris didn't have money at the time to go with all his friends on a spring break vacation, so he decided to spend that time staying productive in the library. Ever since reading that book, all he could think about was real estate. So much so that he started a student group focused on the topic of real estate investing. He'd even find himself missing class to learn more about real estate! Today, Chris is a partner in a company called Arsenal Properties! Topics discussed: Strategic Partnerships Creative Real Estate Raising Money Links mentioned in this episode: Schedule A Call With Adam Connect With Chris!
Chris Salazar is a Co-Founder and Partner at Arsenal Properties, a real estate investment firm based in Chicago. Chris started the company right after college at the age of 22. In the past year, he has built it to a $6M portfolio of single and multi-family properties. Chris is also the host of Mentors & Millennials, which is a podcast aimed at connecting young, ambitious entrepreneurs with successful businessmen in order to expedite their growth and success. https://loaradionetwork.com/chris-prefontaine
Chris Salazar is a Co-Founder and Partner at Arsenal Properties, a real estate investment firm based in Chicago. Chris started the company right after college at the age of 22. In the past year, he has built it to a $6M portfolio of single and multi-family properties. Chris is also the host of Mentors & Millennials, which is a podcast aimed at connecting young, ambitious entrepreneurs with successful businessmen in order to expedite their growth and success. What you'll learn about in this episode: The book that inspired Chris to get started when he was in college How Chris was able to start wholesaling properties and making money while he was still in college How he bases his market in an area 3 hours away from where he lives Why you need to have the right people around you for your business to run well Chris' experience with rejection and how it helped him grow The importance of having mentors in all areas of your life Stumbling blocks Chris hit when he was still learning and how he learned and grew from them How systems, checklists, and protocols have helped Chris be successful What you can expect from Chris' podcast “Mentors and Millennials,” which will launch soon Why working in real estate can be extremely gratifying How Chris structures his employees — from in house employees to outsourcing An example of a morning routine to set your day up for success Something you should do every single day to make sure you're moving forward A great way to multitask improving your body and your brain The importance of consistency and sticking to your goals Why you should focus on learning one thing at a time One of the most important things you should do when you're starting in real estate How to stop hesitating and get started investing Resources: SmartRealEstateCoachPodcast.com/Salazar SmartRealEstateCoachPodcast.com/ArsenalProperties SmartRealEstateCoachPodcast.com/webinar SmartRealEstateCoachPodcast.com/termsbook SmartRealEstateCoachPodcast.com/ebook SmartRealEstateCoachPodcast.com/QLS
Today we are joined Chris Salazar. Chris first became interested in real estate while still in college, which led him to start a Real Estate club at Augustana College. Since graduating Chris has gone on to create his own investment firm and has built a $6 million dollar portfolio in just 18 months. During this interview Chris will talk about the need to surround yourself with the right people, how being a good underwriter has helped him find deals others could not and the how relationships have allowed him to grow his business rapidly. Biography: Chris Salazar is Co-Founder and Partner at Arsenal Properties, a private real estate investment firm founded in 2016. Arsenal focuses on acquiring distressed assets, repositioning, and rebranding. Since inception, the firm has redeveloped over 80 residential properties and continues to expand its portfolio with multi-family complexes. What you will learn: How did Chris find his first deal? (4:15) How did Chris transition from Wholesaling to the next tier of becoming an actual investor? (7:02) What is the biggest lesson Chris can share with other people who are first starting out? (16:10) How has surrounding himself with the right people been critical for Chris's growth? (18:40) What is one superpower Chris brings to the table as an investor? (19:25) How does Chris define Real Estate “repositioning”? (21:20) How is Chris currently generating his leads and financially structuring his deals? (25:07) What is Chris's big vision for the future? (32:11) What are some of the best tools, books, software that Chris cannot live without to manage his business? (33:55) Quotes: “You eat, sleep and breath Real Estate investing and you let everyone know that because you never know who will bring you a deal.” “You make your money when you buy, you actualize that gain when you sell.” “Only take advice from people you want to trade places with.” “Give to get. Give the value to other people and you will get it back.” Resources: Help spread this uplifting content by leaving a review on iTunes: http://bit.ly/MMiTunesReview Stay in touch with Matty A: Website: https://mattaitchison.com/ Facebook: https://www.facebook.com/mattyaitchison Instagram: @officialmattya YouTube: https://www.youtube.com/channel/UCinIteUWBIk-ycgg5i7q99w/featured Connect with Chris: Their Website: https://www.chrisjsalazar.com
Target Market Insights: Multifamily Real Estate Marketing Tips
While his peers were cutting class to kick back and enjoy the perks of college life, Chris Salazar was cutting class to learn more about real estate. At just 23 years old, Chris has already amassed an 85-unit portfolio in the Quad Cities. He is the co-founder and partner at Arsenal Properties investing in single and multifamily properties. With his commitment to learning and passion for real estate, he is helping other ambitious Millenials expedite their growth in real estate. Key Market Insights Cut class to spend more time learning about RE Started investment club in college Did first wholesale deal at 20 Quad Cities: Rock Island, IL, Davenport, IA, Moline and East Moline 400k population in Quad Cities Finished under grad in 2016 with Accounting and Financing major Interned at accounting firm, but spent it talking about real estate Worked for a flipper in the Quad Cities, doing acquisitions Found an equity partner through a friend Hustle and track record convinced his friend’s parent to invest with him Quad Cities is a cash flow market, appreciation is not there, but still seeing strong returns Major employers: John Deere, Rock Island Arsenal, Genesis Health System Illinois side has higher taxes, so many investors prefer the Iowa side Chris prefers the college areas of Augustana and St. Ambrose Creating a luxury apartment complex on campus to meet demand Launching “Millennials and Mentors” podcast to podcast to help other millennials get into real estate Looked in NW Chicago neighborhoods like Avondale, but found stronger cash flow returns in Quad Cities Bull’s Eye Tips: Winning Your Market: Build key relationships Tracking Market Changes: Check sales each week Daily Habit: Wake up early and write affirmations and goals (Chris creates a power list of the top 5 things to get done each day) Resources: Best Business Books: Tools of Titans by Tim Ferris Digital Resources Excel Zillow County Assessor Website Tweet This: “I cut class to learn more about real estate” “Quad Cities is a cash flow market” Places to Grab a Bite: Hemispheres Bistro Connect with Chris: Website: Chrisjsalazar.com Leave us a review and rating on iTunes or Stitcher. Be sure to check out more info at TargetMarketInsights.com.
Chris is a Co-Founder and Partner at Arsenal Properties, a real estate investment firm based in Chicago but whose primary focus is in the Quad City market. Chris started the company right after college at the age of 22 and in the past year, has built it to a $6M portfolio of 85 units of both single and multi-family properties. In addition to his real estate endeavors, Chris is also the host of Mentors & Millennials, which is a podcast aimed at connecting successful real estate entrepreneurs with ambitious millennials to help expedite their growth. Recommended Resources Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
Top Real Estate Investor Chris Salazar is only 23 years old and is the co-owner and founder of Arsenal Properties, a real estate investment company based out of Illinois. Chris has made quite the name for himself in the real estate industry in just his short time being involved. Listen as he tells Joshua how new investors should go about getting into the industry without any funds, discusses the kind of direct mail campaigns and advertising that he does, how he manages to stay within his budget during a “flip” renovation, and so much more. Check it out! 0:01 - Introduction 4:50 - Interview start 6:00 - What led you into real estate? 9:10 - Why did you become a CPA? 11:20 - How important is it to have an accounting background in real estate? 13:00 - What made you want to develop a partnership and how did you choose the correct business partner? 15:30 - Are all of your properties flips? Do you have wholesales, etc..? 16:40 - Where are you based out of? 18:00 - What model do you follow to ensure you stay within your budget? 21:00 - What kind of mistakes have you made flipping houses and what advice would you give to someone looking to do that? 25:45 - Do you still do direct mail? 33:00 - How are you finding multi-family properties that fit your model? 35:00 - What advice would you give for someone looking to create a real estate investment partnership? 36:50 - Where do you see your business going? 38:30 - How has the real estate industry impacted and changed your life? 40:40 - What are your long-term goals financially? 41:40 - What sacrifices have you made to ensure your success? 46:20 - What are some financial sacrifices you’ve had to make to build your wealth? 49:10 - If you could give your younger self 2 pieces of advice what would they be? 51:10 - Last words of advice for the GSD listeners Websites: https://www.facebook.com/chris.salazar.566?ref=bookmarks https://www.arsenalpropertiesllc.com/ https://www.facebook.com/Arsenal-Properties-LLC-1530549403890378/?hc_ref=OTHER Thanks for watching don’t forget to subscribe for daily content! https://www.youtube.com/subscription_center?add_user=joshuasmithaz iTunes - https://itunes.apple.com/us/podcast/gsd-mode/id964583650?mt=2
As a 20 year old college student, Chris did his first wholesale deal and made $7,000. For the rest of college, real estate was his hobby. After attending a Sean Terry conference, he was inspired to start taking real estate seriously and has already been successful. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: Set goals and take action Chris Salazar Real Estate Background: Founder of Arsenal Properties, a real estate investment firm Done over 50 single family deals and is now looking to transition into multifamily Has grown Arsenal to $4.7M in assets under management in under 6 months In the process of repositioning a 24-unit apartment building, and publishes content on real estate Graduated college last year Based in Chicago, Illinois Say hi to him at Best Ever Book: Tools of Titans Made Possible Because of Our Best Ever Sponsors: Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days. They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit to download your free negotiating guide today.