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!
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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?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Dain Laverty
Guest Company: Property Pals USA
Guest Link: findoffmarketproperties.com
Other Links for show notes:
The Go Giver (Book Recommendation)
Dain’s Phone Number: 415-590-1062
