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Episode 323: Leveraging a W2 to Grow a Chicago Portfolio and Brokerage with Horacio Tristan

Horacio Tristan is a born and raised Chicagoan and full-time government employee who has built an impressive real estate portfolio and brokerage business!

Horacio starts by discussing his upbringing and his first few real estate deals on Chicago’s South Side. He explains how he built and maintained his real estate brokerage business during the housing crash. Horacio shares his geographic areas of focus and numbers-driven investment strategy. He discusses being an efficient real estate broker and how that has allowed him to succeed in brokerage while having a W2 job. In classic SUCI fashion, Horacio closes with a bullish outlook on Chicago!

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03:00 Housing Provider Tip - Be aware of the Chicago Heat Ordinance as a Housing Provider.

04:10 Intro to our guest, Horacio Tristan!

08:40 Horacio’s first few deals.

17:28 Navigating the Housing Crash.

28:40 Dealing with a distressed condo building.

31:47 Horacio’s investing strategy today!

38:00 Being a successful broker with a W2 job.

40:30 What’s next for Horacio?

44:58 The future of Chicago!

46:45 What is your competitive advantage?

47:25 One piece of advice for new investors.

47:50 What do you do for fun?

48:06 Good book, podcast, or self development activity that you would recommend? 

48:30 Local Network Recommendation? 

48:37 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: Horacio Tristan

Guest Company: Kale Realty

Guest Link: https://www.kalerealty.com/about/agents/horacio-tristan/

Other Links for show notes:

Horacio's LinkedIn

SUCI Ep 311 - Alex Filin

The Four Agreements (Book Recommendation)

Nick Patterson (Network Referral)


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