18 min listen
He’s an ADU Developer Who’s Changing the Real Estate Game | Chris Luna E83
He’s an ADU Developer Who’s Changing the Real Estate Game | Chris Luna E83
ratings:
Length:
42 minutes
Released:
Sep 14, 2023
Format:
Podcast episode
Description
Rich sits down with Chris Luna - an entrepreneur, real estate investor, host of the On the Come Up podcast, and ADU Developer. Over the last 7 years, Chris has completed over 35 transactions in the sunny San Diego market. He’s on a mission to help a million people build generational wealth through practical development and starting in their own backyard. Rich and Chris discuss the ADU business, Chris’s first real estate deal, the rent-by-the-room model, identifying the right architect, and the biggest challenges of doing the ADU game. They also talk about marketing to foreign exchange students, airbnb’ing properties, the real estate market in San Diego, floating-rate debt, and Chris’s ADU Development course “Backyard Billionaire.” Chris also shares an anecdote about doing a 1031 into a deal. Connect with Chris on Instagram: @chrisj.luna--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Sep 14, 2023
Format:
Podcast episode
Titles in the series (100)
Buying a Luxury Airbnb at the Top of the Real Estate Market | E5 by The Rich Somers Report