Sean Douglas of the Axon Group discusses his adventurous start to his real estate journey!
Sean began his investment career when he inherited his grandparent’s home, which after numerous setbacks, he eventually flipped! He breaks down how he jumped into the deep end by doing construction himself. After having a contractor steal $7000 from him, Sean recaps the long days of work that it took to get his flip project to the finish line. Sean also shares details on his 4-unit house hack and considerations when investing in “picky” towns and villages. Throughout the show, Sean demonstrates how his perseverance and discipline have allowed him to get past difficult situations and become a stronger investor and person!
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02:19 Housing Provider Tip - Be aware of permit and inspection requirements from municipalities!
04:48 Intro to our guest, Sean Douglas!
09:06 Sean’s start in investing.
11:54 Inheriting your grandparent’s home.
15:03 Leveraging BiggerPockets to find resources!
21:22 Early (goofy) mistakes and learning construction.
28:29 Disposition of crazy flip project!
32:56 Life post flip project.
40:04 Sean’s 4-unit house hack adventure.
49:17 From real estate inspector to broker.
58:23 What is your competitive advantage?
58:53 One piece of advice for new investors.
59:14 What do you do for fun?
59:22 Good book, podcast, or self development activity that you would recommend?
60:15 Local Network Recommendation?
60:56 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: Sean Douglas
Guest Company: The Axon Group
Guest Link: https://www.theaxongroup.com/agents/Sean_Douglas/8723936
Other Links for show notes:
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Can't Hurt Me (Book Recommendation)
Kevin Kaspers (Lender Referral)
