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Chris Salazar Investing in Chicago and the Quad Cities With Multi-family and student housing.  How to start investing at a young age.

Chris Salazar is based in beautiful Chicago and has quickly amassed over 100 doors in his rental portfolio.  He has done it in under 3 years and before reaching the age of 24.  He now focuses on student housing, ground up development and more in the Quad Cities.

[bctt tweet=”Value add opportunities, deferred maintenance & under market rents = Multi-family success  @investforever” username=”investoforever”]

Here is a summary of our discussion.

Chris began investing in real estate while in college and wholesaled a duplex near his college.  After college decided to not take the traditional route of finding his first job as a CPA.  Instead he found a pathway towards financial freedom with student housing and new construction development.

1. His first mentor and what he learned from an investor flipping 20-30 deals per month

2.  The transition from one door at a time to multiple doors at a time – 5:15

3.  Eliminating self limiting beliefs and getting started with massive action – 8:12

4.  The first apartment deal was 60 units, cash flow and $500k equity  – 9:00

4. Building the network – 11:00

5.  Due diligence, cap rates, value add opportunities – 13:00

6.  Goals for the next 5-6 years (age 30) – 18:00

7.  What he would have done different (systems) – 22:00

8.  What books, audible and podcasts has he been listening to recently – 24:00

Jim Ingersoll interviews Chiris Salazar from his office in Chicago and talks about his journey that started at age 20 while still in college, his passion for real estate is his reality and he is working on lifetime cash flow and equity.

Enjoy this interview with Chris.   To see the view from his office check out the video below.

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About Chris Salazar –

Check out his website – Click here 

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. Arsenal is currently seeking multi-family opportunities in secondary and tertiary markets across the nation.

Chris’s strongest assets reside is his ability to identify investment properties where there is a value-add play. His talents in acquisition, development, and asset management provide the ability to generate attractive returns consistently.

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