Summary
In this conversation, Ian Robertson interviews Chris Larsen, founder of Next Level Income, who shares his journey from medical devices to real estate investing. Chris discusses the importance of education, mentorship, and creative strategies in real estate, including house hacking and private lending. He emphasizes the need to adapt to the current market conditions and explore various investment opportunities, including private debt and Airbnb management. The conversation concludes with insights on how to navigate the real estate cycle and resources for aspiring investors.
Takeaways
Chris Larsen began investing in real estate at 21.
Education and mentorship play crucial roles in success.
Real estate can provide a stable investment compared to cyclical markets.
House hacking is a creative way to start in real estate.
Understanding the current market is essential for investment success.
Private lending offers attractive returns in today's market.
Investors should consider both equity and debt investments.
Airbnb management requires a business mindset and active involvement.
It's important to challenge assumptions in investing.
Access to education has never been easier with technology.
Chapters
00:00 Introduction to Chris Larsen and His Journey
03:04 Transition from Medical Device Sales to Real Estate
05:54 The Importance of Education and Mentorship
08:55 Starting with Real Estate: House Hacking and Creative Strategies
12:02 Navigating the Current Real Estate Market
15:02 Private Lending and Investment Strategies
17:53 Understanding the Real Estate Cycle and Development Opportunities
20:59 The Role of Private Debt in Investment Portfolios
23:52 Airbnb Management: A Business Perspective
26:48 Final Thoughts and Resources for Investors
How To Reach The Guest
Website - https://nextlevelincome.com/
LinkedIn - https://www.linkedin.com/in/nextlevelincome
Disclaimer: All of the information contained here within is a general discussion for informational purposes only. The Unlocked Investor Podcast and its representatives do not provide legal, tax or investment advice. Nothing of the foregoing, or of any other written, electronic, or oral statement or communication by The Unlocked Investor Podcast or its representatives, is intended to be, or may be relayed as, legal, tax, investment advice, statements, opinions, or predictions. Prior to making any investment decisions, please consult with the appropriate legal, tax, and investment professionals for advice.
