1 of 10

Christine Chau Realtor

  • My road to becoming real estate investor and

building real estate wealth.

​

  • “Rookie realtor”: The new kid on the block and

doing whatever it takes to succeed.

1

2 of 10

My road to becoming real estate investor and building real estate wealth.

* Getting to know Christine.

​

* First property purchased.

​

* Using what I learned from the first purchase for future purchases.

2

3 of 10

Getting to know Christine

•

3

My background

​

​

* arrived in this country from Vietnam about 20 years ago.

​

​

* worked full time, studied full time.

​

​

* After graduating from college, work two jobs-healthcare industry.

​

​

* Saved enough money for down payment-first home.

4 of 10

4

  • First property purchased

​

Two family home in Boston-16 years ago-$415,000 20 % down payment, $83,000.

Monthly mortgage $1,600 + Ins.$150 + RE tax $ 350 = $2,100/month Rented 3 bedrooms unit-$1,500/month.

Current home value 1.2 million

​

Learned about management, business and finance ( taxes, liability and maintenance).

5 of 10

  • Using what I learned from

the first

purchase for

future purchases.

5

Equity and re-investing.

Refinancing and taking equity out.

Purchased condo in Quincy, $359,000-2017

25% down payment, $89,750.

Monthly mortgage 1,300 + Ins.$70 + Tax $ 250 + HOA $ 130

= $1,750

​

Sold $427,000-2018 ( profit $68,000)

6 of 10

6

7 of 10

7

  • “Rookie Realtor”: The new kid on the block and doing whatever it takes to

succeed.

* My previous employment.

​

* Joining the eXp family

8 of 10

8

  • Previous employment.
  • Realtor-2 years
  • Local brokerage first year
  • Started out as green as can be
  • First transaction
  • Does anyone remember your 1st RE transaction ?
  • Stressful, difficult, sleepless nights
  • Researched, learned, double checked

9 of 10

  • Joining eXp

family.

Concerns

​

​

Support

​

​

Global coverage

Unique business model

Involved in several transactions in and out of state

​

​

Licensed NH, NJ as well as MA

​

Hoping to be like my colleagues, successful, knowledgeable and anything but a rookie.

9

10 of 10

A+

Thank you!

You all passed my test !

See you next class.

PS: Don’t forget to do your homework !

10