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Vince DePaul, Realtor, and long term owner/operator of Your House Academy, which is Illinois’ second largest pre-licensing and continuing education real estate school drops nearly 5 decades of personal and professional experience in Chicago.
Vince begins by talking about his previous career as a rockstar manager (Styx)! He shares stories about Roseland and Humboldt Park in the 60s and 70s. Vince transitions into his journey as both a real estate broker and investor. He dives deep into the pros/cons of getting a broker’s license as an investor and the requirements to get licensed. Throughout the episode, Vince speaks to the power of real estate as a wealth generator and the importance of education!
Watch Straight Up Chicago Investor Podcast Episode 183 in Full Here
Questions We Answer In this Show:
Q. How do I find a good broker to sponsor me when I pass the Illinois pre-licensing course?
A. Video
Q. Should Chicago real estate investors get their Illinois real estate license?
A. Video
Show Notes:
03:08 Housing Provider Tip: Provide temperature sensors to tenants to document heating and cooling issues!
06:30 Intro to our guest, Vince DePaul!
10:03 Did any of the skills Vince learned in his previous career of managing entertainers translate to real estate?
11:50 Vince talks about Roseland and surrounding neighborhoods in the 60s/70s!
17:40 What was Humboldt Park like back in the day?
18:50 How were Vince’s first couple years in real estate?
21:43 Vince talks about his journey from real estate broker to investor!
26:44 Should real estate investors get a real estate broker’s license?
33:43 What are the costs and requirements to get a real estate license?
40:30 Vince talks about his real estate school’s offerings!
42:16 What is Vince’s outlook on real estate brokers given advances in technology?
46:36 What is Vince’s competitive advantage?
48:03 One piece of advice for new investors.
48:54 What do you do for fun?
49:33 Good book, podcast, or self development activity that you would recommend?
50:10 Local Network Recommendation?
50:57 How can the listeners learn more about you and provide value to you?
That’s our show! Thanks for listening!
Guest Name: Vince DePaul
Guest Company: Your House Real Estate Academy
Guest Website: https://www.yourhouseacademy.com/
Chicago Investor Resources Shared
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