Rebuilding Your Hometown with Cory Armand
Manage episode 380582600 series 3478223
In this episode of Wealth In Real Estate Development, host Nick Smith discusses the journey of being a real estate investor in Gary, Indiana with Cory Armand of Armand Investment Group. Cory has been investing primarily in Gary, IN for well over a decade. This investing career has afforded him the opportunity to leave his job and become a full-time real estate investor. He details how he bought his first properties through tax sales. And back in earlier investing days, you could even buy decent houses through realtors for around $10,000.
Cory explains how he went from single family homes to multifamily, and his most recent project was a major rehab of a commercial property. This property required a gut rehab. And now, it serves as a location of a fast-food restaurant, 4 individual office spaces that are leased out, a location for businesses that need a physical mailing address along with a few other uses. He truly maximized the space in this location!
Cory is a phenomenal example of seeing challenges in your community and doing something about them! He doesn't just talk the talk, but he walks the walk! If you'd like to reach out to him, please do so at one of the following.
Facebook: https://www.facebook.com/cory.armand.1
Northwest Indiana Creative Investors Association: www.nicia.org
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