Kenneth Chu and his wife didn’t plan on becoming real estate investors—they just wanted to renovate their home. But after adding an extension and converting their garage into an ADU, they fell in love with the process and realized they could turn it into a business. In this episode, David sits down with Kenneth to talk about how that one home project led to two investment properties, how they’re using ADUs to build equity and cash flow, and what they’ve learned about finding clean off-market deals in the Bay Area.

KEY TALKING POINTS:

0:00 - Intro

0:25 - An Overview Of Kenneth Chu’s Investing

0:52 - How He Found His Current Deal & His Approach

4:16 - What Got Him Interested In Real Estate

5:21 - What He Learned From Springboard To Wealth

7:16 - Honing In On His 2 Current Deals & How It Worked Out

9:03 - Difficulties He’s Had Finding A Deal

12:01 - The Role That Networking Plays

13:19 - His Plan With His 2 Deals & What He Wants To Learn

13:58 - Where To Get In Touch With Him

14:54 - Outro

LINKS:

Instagram: Kenneth Chu

https://www.instagram.com/agentkmc/

Facebook: Kenneth Chu

https://www.facebook.com/kennethchu23

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

433: $200K In Equity After Renovating Their Own House