Boyan Salha is a seasoned General Contractor and the leader of his company Best Fit Homes. He joins us to share how he learned to source and renovate deals from working with a large investment group.

Boyan starts by explaining the investing lessons learned by working with a large investment group alongside previous guest Kirby Atwell! He breaks down how he sources and finances distressed properties. He discusses his flipping experiences and how margins have changed over the years. Boyan talks about building relationships with subcontractors and the value that a quality General Contractor brings to their client. This show is full of golden nuggets from the perspective of an investor GC!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

=============

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Boyan Salha, Best Fit Homes

Link: SUCI Ep 321 - Kirby Atwell

Link: George Wyatt (Home Inspector Referral)

Link: Patrick Bet David (YouTube Channel)

Link: Atomic Habits (Book Recommendation)

Guest Questions

02:44 Housing Provider Tip - Adjust terms so rentals being marketed in the winter end during the spring/summer rental season.

05:17 Intro to our guest, Boyan Salha.

12:21 Connecting with Kirby Atwell and getting into real estate.

23:51 Starting a General Contracting business!

28:18 Financing distressed properties.

30:42 Transitioning from flips to owning rentals.

39:43 Working as a General Contractor for third parties.

42:31 Growing a team of sub-contractors and the value of a good GC!

48:58 Boyan’s investing strategy in 2024 and outlook on Chicago.

52:58 What is your competitive advantage?

53:30 One piece of advice for new investors.

54:35 What do you do for fun?

55:30 Good book, podcast, or self development activity that you would recommend? 

57:08 Local Network Recommendation? 

58:36 How can the listeners learn more about you and provide value to you?

-----------------

Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2024.