Jan 2, 2025
Joey Turano is real estate broker and investor who has leveraged partnerships and low down payment loans to quickly build his multifamily buildings portfolio!
Joey starts by describing his “soul searching” journey in Europe and realizing that real estate would be his career path in life! He explains how he got scrapy to bring value to a Top Producing Real Estate agent and eventually joined the team to learn the ropes of real estate brokerage. Joey describes how he quickly purchased two househacks by leveraging low down payment loans and partnerships. He drops some hilarious horror stories on tenants and DIY projects and also reflects on his investment strategy and how it will be refined moving forward! This is another great show that demonstrates how taking action sooner than later is a key to success.
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest: Joey Turano, The Ben Lalez Team - Compass
Link: Joey's Instagram
Link: SUCI Ep 203 - Catalin Maticiuc
Link: Scott Schneiderman (Lender Referral)
Link: Extreme Ownership (Book Referral)
Guest Questions
03:31 Housing Provider Tip - Keep space heaters handy to be prepared for No Heat situations in winter!
06:16 Intro to our guest, Joey Turano!
10:33 Getting into real estate and choosing a team.
15:52 Working Zillow leads and getting into investing.
18:26 Strategies to get into REI!
21:36 Joey’s first deal.
26:51 Quickly buying deal #2.
30:20 Lessons from DIY projects and partnering with family.
35:09 Funny, horror stories!
38:20 Refining an investment strategy.
47:04 What is your competitive advantage?
47:45 One piece of advice for new investors.
48:32 What do you do for fun?
49:00 Good book, podcast, or self development activity that you would recommend?
49:32 Local Network Recommendation?
50:21 How can the listeners learn more about you and provide value to you?
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Production House: Flint Stone Media
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