433: $200K In Equity After Renovating Their Own House

Kenneth Chu and his wife didn’t plan on becoming real estate investors—they just wanted to renovate their home. But after adding an extension and converting their garage into an ADU, they fell in love with the process and realized they could turn it into a business. In this episode, David sits down with Kenneth to talk about how that one home project led to two investment properties, how they’re using ADUs to build equity and cash flow, and what they’ve learned about finding clean off-market deals in the Bay Area. KEY TALKING POINTS:0:00 - Intro0:25 - An Overview Of Kenneth Chu’s Investing0:52 - How He Found His Current Deal & His Approach4:16 - What Got Him Interested In Real Estate5:21 - What He Learned From Springboard To Wealth7:16 - Honing In On His 2 Current Deals & How It Worked Out9:03 - Difficulties He’s Had Finding A Deal12:01 - The Role That Networking Plays13:19 - His Plan With His 2 Deals & What He Wants To Learn13:58 - Where To Get In Touch With Him14:54 - Outro LINKS:Instagram: Kenneth Chuhttps://www.instagram.com/agentkmc/ Facebook: Kenneth Chuhttps://www.facebook.com/kennethchu23 Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/