Episode 203: From An Immigrant with $100 To His Name, To a Successful Investor With a 30-Unit Portfolio Across Chicago with Catalin Maticiuc

Mar 9, 2023

52:19

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Episode notes

Catalin Maticiuc of Compass joins us to share a wonderful immigrant success story involving house hacks on the North Side and BRRRRs on the South Side of Chicago!

Catalin talks about him immigrating to the United States and getting started in real estate! He speaks about the sleepless nights he had on his first house hack in Humboldt Park involving a FHA 203k loan to renovate that property. He goes on to talk about investing in Hegewisch, the adjacent neighborhoods, and why that model has worked for him. Catalin closes with motivating words on his goals and provides advice that investors of all experience levels will find useful!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Catalin Maticiuc, Compass

Link: SUCI Ep 53 - CHA Roundtable

Link: BRRRR Book by David Greene

Link: Brandon Moulton (Renovo Financial)

Link: Catalin's Instagram

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Guest Questions

04:19 Housing Provider Tip: Be mindful that source of income has been added to the Fair

03:18 Housing Provider Tip: Be aware of tax filing requirements set by lenders!