MEET GREG TEELE
Based in the Chicago area, Greg Teele is the CEO and founder of Teele Enterprises, Inc., a firm dealing in investment services, real estate investing and more.
A lifelong athlete and former player for the Toronto Argonauts, Greg is a go-getter who knows what it takes to come out on top on the field. He then applied his experiences as an athlete to his business dealings, developing a unique and extremely effective results-focused approach to investing and business in general.
In short, Greg has developed a one-of-a-kind strategy; a sportsman’s approach to business, with a winning formula that has enabled him to rise above the competition.
Greg first became involved in real estate investing as he sought out a better life for himself and his family, including his teenage son.
“I’m a single dad and like most parents, I wanted something bigger and better for my son. So I set out to build a business that would provide us with a secure future, while allowing me to leverage the skills and strategies that I’ve refined over the years,” Greg explained. READ MORE →
Wholesaling properties is preferred amongst many investors due to the lack of risk and the fact that you can get into wholesaling for little or no money down.
In real estate wholesaling, the wholesaler is a middleman between the property owner/seller and the rehabber. LEARN MORE →
At its most basic level, flipping involves purchasing investment properties with the intent of performing improvements to raise the value of the home or other property. Then, the property is re-sold for a profit.
Real estate flipping does require a fair amount of investment capital. Therefore, some property investors opt to get involved in wholesaling first, which enables you to move properties and earn a profit by serving as a middle-man of sorts. LEARN MORE →
The term “short sale” refers to the sale of a distressed property — that is, a property where the homeowners are behind on mortgage payments and facing foreclosure as a result.
A short sale involves the sale of the property for a price that’s less than what the property owner owes to the bank. LEARN MORE →
The term “new developments” typically refers to residential property developments. While you may occasionally encounter a single one-family home, most developments involve multiple properties which are generally constructed by the same builder or developer. LEARN MORE →
Rental holdings are properties that are purchased, rehabbed (if necessary) and then “held” and rented out for a profit.
This type of property serves as a profitable option for individuals who are seeking a regular income from their investment properties. Once the cost of the property is paid off, the rental fees are nearly all pure profit. Unlike wholesaling or flipping, rental holdings bring in a steady stream of income rather than a large lump sum, making this investment option ideal for retirees, for instance. LEARN MORE →
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Complete the form below to schedule a free consultation with Greg Teele, CEO and founder of Teele Enterprises Inc., to discuss getting started as an investor or selling a distressed property.