Manage episode 376942672 series 3425853
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_somers
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