Welcome to our discussion on ‘From the NHL to Development with Eddie Lack’
As Victor Menasce, the host of Real Estate Espresso podcast, I’m delighted to present a captivating discussion with our guest Eddie Lack, a professional hockey player turned real estate investor. Our AMA (Ask Me Anything) session will trace Eddie’s unique journey into the world of real estate business and shed light on investment ethics and approaches, with a particular focus on his activity in Scottsdale, Arizona.
Introducing Eddie Lack
The quality of grit, often cultivated by professional sports athletes, is an invaluable asset in the business world. Eddie Lack, hailing from Sweden and with a history of playing for the Vancouver Canucks, possesses this trait in abundance. Eddie’s decade in the NHL (National Hockey League) sparked his interest in real estate investment. Feeling the call of the sunnier climates, Eddie, along with his wife, decided to move to Scottsdale, where he kick-started his real estate business.
Eddie’s Real Estate Ventures
During his NHL career, Eddie, intrigued by the world of real estate, began investing in Sweden, even developing a few houses in skiing resorts. Fast forward to Scottsdale, he started by exploring the resale market and soon broadened his portfolio by investing in three Airbnb units. Feeling confident after gaining considerable experience in the field, Eddie found himself gravitating towards development.
A Snapshot of Maricopa County
For a real estate investor, Maricopa County in Arizona presents an interesting landscape. Despite its vast expanse, the majority of Maricopa County features single-family home markets. The enchanting uniformity of the local architectural designs offers a remarkable sight for any investor. However, the opportunity in the Maricopa County real estate lies in the functionally obsolete products, especially properties in central areas.
Check the Market | Invest Wisely | Develop Interest | Evaluate Opportunities | Seek Expert Advice |
---|---|---|---|---|
Understand the market needs and demands. | Don’t rush in; ensure profits before investing. | Develop ahobbies; real estate can be entertaining and fun . | Recognize and seize opportunities in the market. | Reach out to seasoned investors or real estate experts for advice. |
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