Straight Up Chicago Investor

Jake Fugman and Mike Scanlon of The Axon Group return to discuss Chicago's REI market performance, predictions, and exciting developments! Jake and Mike kick things off by assessing their 2024 predictions regarding mortgage rates, appreciation, and cap rates! They then break down the impacts of the Northwest Side Housing Preservation on landlords in the area and provide noteworthy predictions for 2025. These predictions include what the new presidential administration will mean for the downtown market, househacker purchasing power with 5% down, the 1901 project, the path of progress, and much more! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jake Fugman & Mike Scanlon, The Axon Group Link: The Axon Group Instagram Link: SUCI Ep 268 - 2024 Predictions with Jake and Mike Link: SUCI Ep 327 - Luke Blahnik on NW Preservation Ordinance Link: REI Diamonds Podcast Link: ADPI Podcast Link: Kevin Kaspers (Lender Referral) Link: Cost Seg Kev Guest Questions 02:25 Housing Provider Tip - Consult with your attorney and insurance agent on handling slip and fall incidents. 03:17 Intro to our guests, Jake Fugman and Mike Scanlon! 7:59 House Hackers unlocking huge leveraged returns with 5% down! 16:13 What did cap rates do in 2024? 20:22 Prediction 1: The return of 100% bonus depreciation. 24:37 Impacts of the Northwest Side Housing Preservation Ordinance. 38:00 Will downtown Chicago make a comeback? 49:24 Investing in 2-4 unit new construction buildings. 54:37 The 1901 Project! 63:04 What is your competitive advantage? 65:33 One piece of advice for new investors. 67:28 What do you do for fun? 68:25 Good book, podcast, or self development activity that you would recommend? 70:26 Local Network Recommendation? 71:17 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Mike Bednarz, an accomplished real estate investor and HVAC business owner, joins us to share his inspiring trajectory of growing a real estate portfolio and overcoming a scary accident! Mike explains how he lived frugally to save a down payment and buy his first multifamily investment property in Edison Park. He discusses the discipline he used to acquire his second property and how he found a niche in mixed-use properties with leasing up local retail spaces. Mike shares a life changing incident where he fell off a ladder while working for his HVAC company that resulted in life threatening injuries. He breaks down his recovery despite doctors doubting that it was possible and bouncing back stronger than ever. This is the definition of an inspirational conversation around discipline and grit that you will not want to miss! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Bednarz, Housing Opportunity Development Corporation (HODC) Link: Eat That Frog (Book Recommendation) Link: How Not To Die Guest Questions 05:09 Housing Provider Tip - Understand the Illinois Landlord Retaliation Act! 06:51 Intro to our guest, Mike Bednarz! 15:40 Jumping into a 6-unit after a house hack! 21:32 Finding a niche in mixed-use buildings. 23:36 Mike's scary accident. 31:58 Mike's history of discipline. 35:47 What's next for Mike and the meaning of purpose! 43:35 What is your competitive advantage? 44:57 One piece of advice for new investors. 45:37 What do you do for fun? 46:20 Good book, podcast, or self development activity that you would recommend? 47:42 Local Network Recommendation? 48:46 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

What are the current political issues Chicago investors need to be aware of and how can the NBOA help? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Glasser, NBOA ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Richard Koenig is HODC's Executive Director and has led the development of over 600 units of affordable housing! Richard starts with how he found his "Why" and discovering that he wanted to dedicate his career to helping solve the lack of affordable housing. He gets granular on the financing and approval process on these types of developments. Richard compares market rate housing to affordable housing including cost to build and tenant screening. He shares advice on how smaller investors can help contribute to the affordable housing issue and make a positive impact in their community! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Richard Koenig, Housing Opportunity Development Corporation (HODC) Link: SUCI Ep 283 - S.I. Container Builds Link: Homelessness is a Housing Problem (Book Recommendation) Guest Questions 01:48 Housing Provider Tip - The legal way around HOA rules about lease terms! 03:47 Intro to our guest, Richard Koenig! 08:15 Financing and tax credits for affordable housing development. 14:32 Guidelines for affordable housing designation. 19:08 Dealing with affordable housing critics. 25:31 The economics of building affordable housing. 31:05 Tenant screening process! 38:53 Contributing to affordable housing as a smaller investor. 44:58 Top challenges for developers. 48:27 Opportunities for improvements to bring more development. 51:39 What is your competitive advantage? 51:55 One piece of advice for new investors. 52:18 What do you do for fun? 52:40 Good book, podcast, or self development activity that you would recommend? 53:09 Local Network Recommendation? 54:07 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Mike Tenerelli not only has a background in Reality TV, but also in construction, management, and sales which have propelled his explosive growth in real estate! Mike discusses his journey from flipping homes to helping others find the right property. He breaks down analyzing remote markets to find lucrative deals, growing a brokerage business, and adapting to the new NAR rules around buyer's broker compensation. Mike shares tremendous insights on investment opportunities in prime western burbs and lessons learned from flipping gone wrong! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Tenerelli, Exit Real Estate Partners Link: Mike's Instagram Link: One Rental at a Time (YouTube Channel) Link: Lending One (Lender Referral) Guest Questions 02:27 Housing Provider Tip - Plan accordingly when giving Section 8 tenants notice to vacate! 04:24 Intro to our guest, Mike Tenerelli! 09:18 Becoming a full time investor after 2 flips! 11:42 Learning the Milwaukee market. 20:54 Growing a brokerage business. 24:38 Dealing with new NAR compensation rules. 33:10 The 101 on the Western Burbs! 38:01 Consequences of Flipping Gone Wrong! 42:02 What is your competitive advantage? 42:40 One piece of advice for new investors. 43:28 What do you do for fun? 43:46 Good book, podcast, or self development activity that you would recommend? 44:07 Local Network Recommendation? 44:46 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

When Does a 5 Day Notice Become a 30 Day Notice? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mark Ainley, Straight Up Chicago Investor Podcast Link: Enforcing the CARES Act 30-Day Eviction Notice Requirement ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Sam Patterson is a successful Commercial Real Estate Broker, Investor, and Restaurant Owner with vast experience in renovation and property management! Sam opens with his experience in commercial real estate receiverships and his start in investing! He touches on structuring and leveraging partnerships to scale a real estate portfolio. Sam discusses ins and outs of DeKalb including the housing stock and the investment opportunities. In sharing his project experiences, Sam speaks to seller financing, TIF funds, and various other concepts to add to your real estate toolbox! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sam Patterson, RVG Commercial Real Estate Services | Email Sam ([email protected]) Link: Sheela Prahlad (Lender Referral) Link: Rob Zahm (Roofer Referral) Guest Questions 03:39 Housing Provider Tip - Take precautionary measures to deal with Chicago's frigid temperatures! 05:40 Intro to our guest, Sam Patterson! 08:41 Crazy receivership stories and becoming an investor! 19:48 Why invest in West Chicago? 23:01 Structuring a partnership. 29:57 DeKalb's housing stock and investment expectations. 38:38 How TIF funds work! 41:13 Surprises on a large commercial property renovation! 44:16 An overview of Sycamore. 50:24 Refinance terms on a commercial loan. 53:17 What's next in Sam's investment journey? 58:24 What is your competitive advantage? 59:19 One piece of advice for new investors. 60:11 What do you do for fun? 60:49 Good book, podcast, or self development activity that you would recommend? 61:32 Local Network Recommendation? 62:11 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Josh Bandoch is the Head of Policy at the Illinois Policy Institute where he works to spread awareness on improving housing policies to promote affordability and social mobility. Josh starts by describing how he got into housing policy and the mission of the Illinois Policy Institute. He explains some of the prohibitive policies in Illinois that restrict development and the increase of housing supply. Josh discusses the power of ADUs to bring affordable housing supply and how other cities with less restrictions have successfully developed ADUs. He closes by explaining how Illinois can and should look at the policies in other states that have helped solve affordable housing and state debt issues. This is a great show to understand macro-level issues we deal with here in Illinois and how we can make our voice heard to help reach solutions! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Josh Bandoch, Illinois Policy Institute Link: Josh's LinkedIn Link: Thinking Fast and Slow (Book Recommendation) Guest Questions 01:35 Housing Provider Tip - Keep heat on in vacant units to prevent pipe bursts and other issues during winter! 03:36 Intro to our guest, Josh Bandoch! 06:42 The Illinois Policy Institute and its mission! 13:21 Policies negatively impacting housing affordability. 24:23 Benefits of ADUs and restrictions in Illinois. 34:14 Places with the least amount of housing regulation. 38:05 Dissecting Illinois Property Taxes! 44:54 Looking outside of Chicago to solve Chicago's problems! 47:47 What is your competitive advantage? 48:46 One piece of advice for new investors. 49:12 What do you do for fun? 49:47 Good book, podcast, or self development activity that you would recommend? 50:34 Local Network Recommendation? 51:00 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

What IL rules changes do investors need to be aware of in 2025? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mark Ainley, Straight Up Chicago Investor Podcast Link: Cook County Landlords Won't Need Sheriff to Serve 2025 Notices ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

Joey Turano is real estate broker and investor who has leveraged partnerships and low down payment loans to quickly build his multifamily buildings portfolio! Joey starts by describing his "soul searching" journey in Europe and realizing that real estate would be his career path in life! He explains how he got scrapy to bring value to a Top Producing Real Estate agent and eventually joined the team to learn the ropes of real estate brokerage. Joey describes how he quickly purchased two househacks by leveraging low down payment loans and partnerships. He drops some hilarious horror stories on tenants and DIY projects and also reflects on his investment strategy and how it will be refined moving forward! This is another great show that demonstrates how taking action sooner than later is a key to success. If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Joey Turano, The Ben Lalez Team - Compass Link: Joey's Instagram Link: SUCI Ep 203 - Catalin Maticiuc Link: Scott Schneiderman (Lender Referral) Link: Extreme Ownership (Book Referral) Guest Questions 03:31 Housing Provider Tip - Keep space heaters handy to be prepared for No Heat situations in winter! 06:16 Intro to our guest, Joey Turano! 10:33 Getting into real estate and choosing a team. 15:52 Working Zillow leads and getting into investing. 18:26 Strategies to get into REI! 21:36 Joey's first deal. 26:51 Quickly buying deal #2. 30:20 Lessons from DIY projects and partnering with family. 35:09 Funny, horror stories! 38:20 Refining an investment strategy. 47:04 What is your competitive advantage? 47:45 One piece of advice for new investors. 48:32 What do you do for fun? 49:00 Good book, podcast, or self development activity that you would recommend? 49:32 Local Network Recommendation? 50:21 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Boyan Salha is a seasoned General Contractor and the leader of his company Best Fit Homes. He joins us to share how he learned to source and renovate deals from working with a large investment group. Boyan starts by explaining the investing lessons learned by working with a large investment group alongside previous guest Kirby Atwell! He breaks down how he sources and finances distressed properties. He discusses his flipping experiences and how margins have changed over the years. Boyan talks about building relationships with subcontractors and the value that a quality General Contractor brings to their client. This show is full of golden nuggets from the perspective of an investor GC! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Boyan Salha, Best Fit Homes Link: SUCI Ep 321 - Kirby Atwell Link: George Wyatt (Home Inspector Referral) Link: Patrick Bet David (YouTube Channel) Link: Atomic Habits (Book Recommendation) Guest Questions 02:44 Housing Provider Tip - Adjust terms so rentals being marketed in the winter end during the spring/summer rental season. 05:17 Intro to our guest, Boyan Salha. 12:21 Connecting with Kirby Atwell and getting into real estate. 23:51 Starting a General Contracting business! 28:18 Financing distressed properties. 30:42 Transitioning from flips to owning rentals. 39:43 Working as a General Contractor for third parties. 42:31 Growing a team of sub-contractors and the value of a good GC! 48:58 Boyan's investing strategy in 2024 and outlook on Chicago. 52:58 What is your competitive advantage? 53:30 One piece of advice for new investors. 54:35 What do you do for fun? 55:30 Good book, podcast, or self development activity that you would recommend? 57:08 Local Network Recommendation? 58:36 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What do investors need to know about the new tenant credit report law? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mark Ainley, Straight Up Chicago Investor Podcast Link: How 2025 Illinois Tenant Credit Report Law Impacts Landlords ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Pete Neubig joins us to discuss how he built and sold a 7-figure property management company and started VPM Solutions; a platform designed to help property management and real estate professionals with staffing to improve efficiencies and profits! Pete starts by explaining how he went from IT to building and selling a 7-figure property management company! He shares a brief horror story about getting sued for $1.5 million! He discusses how he started VPN Solutions on the "Who Not How" concept; Pete is leveraging remote staff to offload work to focus on higher-dollar activities. This show is packed with fantastic tips to help improve your business and grow your bottom line! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Pete Neubig, VPM Solutions Link: NARPM Website Link: Pete's LinkedIn Link: Traction (Book Recommendation) Guest Questions 03:08 Housing Provider Tip - Consider outsourcing all or select aspects of property management! 05:10 Intro to our guest, Pete Neubig! 9:27 Getting sued for $1.5 million! 11:21 Making the jump to start a business. 17:40 Finding a mentor / coach and growing a business! 27:58 Outsourcing property management! 39:04 Processes for hiring management personnel. 48:33 What is your competitive advantage? 49:05 One piece of advice for new investors. 49:15 What do you do for fun? 50:00 Good book, podcast, or self development activity that you would recommend? 50:25 Local Network Recommendation? 50:42 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Susan Tjarksen is the Managing Director at Cushman & Wakefield and has led the development of residential and commercial across the country! Susan discusses her time in hotel management and shares some funny/horror stories! She explains how receiverships work and how investors can capitalize on this opportunity. She breaks down the nuances of large scale developments including insane time frames on projects of this magnitude. Susan fires us up with an epic rant on why Chicago is the place to be and is set up to continue growing and thriving! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Susan Tjarksen, Cushman & Wakefield Link: SUCI Ep 29 - Ciere Boatright Link: SUCI Ep 68 - Lee Kiser Link: SUCI Ep 274 - Marc Rutzen Link: The Overstory (Book Recommendation) Guest Questions 04:02 Housing Provider Tip - Negotiate spring season exterior projects now to get the best pricing! 05:48 Intro to our guest, Susan Tjarksen! 8:57 Horror stories from Susan's hotel management days! 12:25 Permitting/Zoning insights for large scale developments. 15:08 The Ins and Outs of Receivership. 19:29 Establishing a real estate brokerage. 24:50 Transitioning to Cushman & Wakefield. 29:55 Considerations on large scale developments. 44:23 Reasons to be bullish on Chicago! 48:25 What is your competitive advantage? 48:53 One piece of advice for new investors. 49:20 What do you do for fun? 49:40 Good book, podcast, or self development activity that you would recommend? 50:28 Local Network Recommendation? 51:00 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What is an enterprise zone and how can investors benefit from these areas? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Tom Shallcross, Straight Up Chicago Investor Podcast Link: Chicago Enterprise Zone Application Link: Chicago Enterprise Zone Program ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Jeff Weinberg returns to the show after two years to share the impressive growth of Drexel Properties! Jeff explains how Drexel Properties has grown from 600 units to over 1000 units over the last 2 years. He discusses how his team leverages technology to streamline their property management business. Jeff dives deep on how to find deals in a competitive market and emphasizes the importance of treating your team right and building a great reputation so you're the one who gets the call when a deal is available. Jeff closes with great tips on what to look for in a property manager and the importance of getting in the game ASAP! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jeff Weinberg, Drexel Properties | Email Jeff ([email protected]) Link: Jeff's LinkedIn Link: SUCI Ep 154 - Jeff Weinberg Link: SUCI Ep 174 - Kevin Krasney (Cole's Appliances) Link: Mark Cunningham - Property Management Podcast Guest Questions 02:02 Housing Provider Tip - Be an informed pet friendly housing provider! 06:13 Intro to our guest, Jeff Weinberg! 07:20 Aggressively growing a rental portfolio in a tough market. 15:05 Leveraging technology to scale a portfolio. 19:11 Finding deals in a competitive market. 24:55 Building a reputation as a property manager. 32:40 Key traits of great property managers! 49:53 Things Jeff would've done differently along his journey. 53:30 What is your competitive advantage? 54:18 One piece of advice for new investors. 54:55 What do you do for fun? 55:43 Good book, podcast, or self development activity that you would recommend? 56:52 Local Network Recommendation? 57:41 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Andy Friedman is a Senior Director at Kiser Group and has a proven track record of success in Chicago Multifamily Real Estate. Andy shares his experience as a stock trader and brewery owner, including how the skills he obtained in those endeavors translated to real estate! Andy explains the grit required to get off the ground in commercial real estate. He provides valuable tips for new commercial real estate buyers and how those buyers can build relationships with multifamily brokers. In typical SUCI fashion, Andy closes with Chicago neighborhoods that he is bullish on for growth! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Andy Friedman, Kiser Group Link: Andy's LinkedIn Link: Range (Book Recommendation) Link: Dean Huber (Lender Referral) Link: GC Realty Careers Guest Questions 01:52 Housing Provider Tip - Building good rapport with your tenants is critical! 03:12 Intro to our guest, Andy Friedman! 16:55 Andy's transition from stock trading to real estate. 22:31 The journey of starting a brewery! 31:30 Getting off the ground in commercial real estate. 39:23 Tips for first time commercial real estate buyers. 54:04 Neighborhoods that Andy is bullish on! 59:07 What is your competitive advantage? 60:01 One piece of advice for new investors. 61:45 What do you do for fun? 62:25 Good book, podcast, or self development activity that you would recommend? 64:07 Local Network Recommendation? 66:12 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What are the appropriate steps to take to raise capital from investors? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Aram Ghazaryan, AMG Realty Link: Episode 335: The Growth Every Chicago Investor Wants - Listen To What Aram Ghazaryan Did in 24 Months ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Michelle starts by explaining both Chicago's RLTO and Cook County's RTLO, and the differences between the two ordinances. She gets granular on disclosures required from Housing Providers to remain in compliance with the ordinance(s) and breaks down security deposits and move-in fees. Michelle dives deep on the eviction process and shares resolution tips to aid with landlord-tenant issues. She closes with a 5 year outlook for her team at the Law Center for Better Housing to continue advocating for fair housing! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Michelle Gilbert, Law Center for Better Housing (LCBH) Link: Cook County Legal Aid for Housing and Debt (CCLAHD) Link: Family Properties (Book Recommendation) Link: SUCI Ep 42 - Bob Floss Guest Questions 03:02 Housing Provider Tip - Regularly change your thermostat batteries to eliminate easy "No Heat" issues! 04:26 Intro to our guest, Michelle Gilbert! 05:55 Michelle's involvement with the Chicago RLTO! 11:45 The Cook County RTLO! 17:52 Security Fee vs Non-Refundable Move-In Fee. 22:53 Properly disclosing exemptions. 30:38 Cook County eviction process. 35:33 How can Housing Providers and Tenants reach resolutions? 41:02 Refining tenant screening criteria to minimize discrimination. 48:08 5 Year Outlook for Michelle at LCBH! 51:37 What is your competitive advantage? 51:58 One piece of advice for new investors. 53:02 What do you do for fun? 54:16 Good book, podcast, or self development activity that you would recommend? 55:10 Local Network Recommendation? 55:46 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Aram Ghazaryan returns to explain how he transitioned from a successful RE broker to a flipper executing over ten profitable flips per year. Aram starts by discussing his first multifamily investment which was a 7-unit building. He explains his decision to stop being an agent and jump into flipping properties full time. Aram shares tremendous lessons learned from flipping and has great insights on construction and financing. He breaks down his marketing strategy for deal flow to keep the flip projects coming along. Throughout the show, Aram demonstrates that taking action and surrounding yourself with a good construction and financing is the key to success in the flipping game! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Aram Ghazaryan, AMG Realty | Follow Aram on Instagram (@AramGRealty) Link: How to Win Friends and Influence People (Book Recommendation) Link: The Book on Tax Strategies for Savvy Real Estate Investor Link: Rudy Minasian (Attorney Referral) Guest Questions 02:11 Housing Provider Tip - Be aware of landlord-tenant requirements around electric vehicle charging stations. 04:37 Intro to our guest, Aram Ghazaryan! 08:37 Purchasing a 7-unit building for the first time! 12:48 Stopping real estate brokerage to be a full time investor. 27:24 Finding contractors and lessons learned from flips! 30:12 Aram's mailing campaign strategy! 36:19 Getting caught working without permits. 46:30 Liquidity requirements for flippers. 48:05 Aram's geographical areas of interest moving forward. 49:47 What is your competitive advantage? 50:07 One piece of advice for new investors. 50:26 What do you do for fun? 51:34 Good book, podcast, or self development activity that you would recommend? 52:16 Local Network Recommendation? 52:43 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What can you cancel a contract for after all contingencies have passed? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chance Badertscher of Lavelle Law Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Zack Limbaugh of the Limbaugh Law Firm provides his clients with legal representation and strategy to remedy Building Code Violations and other matters associated with Chicago Buildings! Zack starts by explaining how he got his foot in the door with the City of Chicago before becoming an attorney and leveraged those relationships to build a niche in legally handling Building Code Violations! Zack talks about top considerations when seeking financing on violation properties. He then breaks down dealing with stop work orders and demo court properties. In this show, Zack provides tremendous insights on how to search for and understand violations to give you an edge over your competition! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Zack Limbaugh, The Limbaugh Law Firm Link: A People's History of the United States (Book Recommendation) Link: SUCI Ep 79 - Gary Davidson (Castle Law) Guest Questions 02:04 Housing Provider Tip - Write down and stick to your tenant screening criteria! 04:05 Intro to our guest, Zack Limbaugh! 10:20 Starting off as an Attorney specializing in Chicago Building Violations! 16:53 Discovering and assessing Building Code Violations. 30:25 How to find out if violations are active. 32:26 Getting financing on properties with violations. 39:17 Dealing with Stop Work Orders! 46:37 Demo Court properties. 51:41 What is your competitive advantage? 51:52 One piece of advice for new investors. 52:16 What do you do for fun? 52:37 Good book, podcast, or self development activity that you would recommend? 53:03 Local Network Recommendation? 53:21 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Joey Halperin is a real estate broker and developer with vast experience in ground up development and renovation projects across Chicago! Joey starts by explaining how he left the corporate world to jump into general contracting and real estate brokerage! He gets granular on difficult renovation projects and the importance of having skilled contractors to help assess and mitigate risk. Joey discusses how he's finding deal flow in this tough market and explains how understanding Zoning can be a cheat code. He closes with a bullish outlook on Lincoln Square and other "path of progress" neighborhoods! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Joey Halperin, Halperin & Schatz Real Estate Group Link: Joey's Instagram Link: SUCI Ep 236 - Alex Morsch Link: Alex Bok (Network Referral) Guest Questions 01:39 Housing Provider Tip - Prepare your tenants for issues that may arise during the winter season! 03:50 Intro to our guest, Joey Halperin! 11:55 Joey's start in real estate development. 19:24 Getting into residential real estate brokerage. 23:33 Joey's investment portfolio and neighborhoods of interest. 27:11 Taking on tough rehab projects. 33:10 Finding deal flow in this competitive market. 40:05 Neighborhoods that Joey is bullish on! 48:54 What is your competitive advantage? 49:37 One piece of advice for new investors. 50:35 What do you do for fun? 51:27 Good book, podcast, or self development activity that you would recommend? 52:31 Local Network Recommendation? 53:44 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Which South Side neighborhoods have been the biggest surprise and which neighborhoods have the most potential? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Aaron Sklar, Kiser Group Link: Episode 141: Straight Up Tues Tip 29 - Noah Birk and Aaron Sklar Sit Down to Explain How Investors New To The Multifamily Space Can Catch A Broker's Eye ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

James Erwin has decades of experience practicing Real Estate Law and is a board member of the NSBC! James starts by breaking down the legal ins and outs for condo deconversions. He dives deep on the process for clearing building violations on properties including tips to keep the City and lenders happy. James explains the Corporate Transparency Act (CTA) and everything that must be disclosed in order to stay compliant. Throughout the show, James displays his deep knowledge of real estate law and how his firm is providing top notch service to their clients! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: James Erwin, Erwin Law Link: FinCEN Link: James' Contact Info Link: The 4 Pillars of Critical Thinking (Book Recommendation) Link: Make Your Bed (Book Recommendation) Link: NBOA Chicago Guest Questions 03:15 Housing Provider Tip - Plan your fall cleanups to adjust for an extended summer season. 04:35 Intro to our guest, James Erwin! 09:43 Legal process for condo conversions. 19:17 Attorney's role in acquisition of large portfolios. 24:44 Process of clearing property violations! 35:42 What is the Corporate Transparency Act (CTA)? 45:06 How to comply with CTA 47:00 What is your competitive advantage? 48:18 One piece of advice for new investors. 49:00 What do you do for fun? 49:09 Good book, podcast, or self development activity that you would recommend? 49:45 Local Network Recommendation? 50:36 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Sean Douglas of the Axon Group discusses his adventurous start to his real estate journey! Sean began his investment career when he inherited his grandparent's home, which after numerous setbacks, he eventually flipped! He breaks down how he jumped into the deep end by doing construction himself. After having a contractor steal $7000 from him, Sean recaps the long days of work that it took to get his flip project to the finish line. Sean also shares details on his 4-unit house hack and considerations when investing in "picky" towns and villages. Throughout the show, Sean demonstrates how his perseverance and discipline have allowed him to get past difficult situations and become a stronger investor and person! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sean Douglas, The Axon Group Link: A Book of Five Rings (Book Recommendation) Link: Can't Hurt Me (Book Recommendation) Link: Kevin Kaspers (Lender Referral) Link: On Target Home Inspection (Referral) Link: Aparicio Law (Referral) Guest Questions 02:19 Housing Provider Tip - Be aware of permit and inspection requirements from municipalities! 04:48 Intro to our guest, Sean Douglas! 09:06 Sean's start in investing. 11:54 Inheriting your grandparent's home. 15:03 Leveraging BiggerPockets to find resources! 21:22 Early (goofy) mistakes and learning construction. 28:29 Disposition of crazy flip project! 32:56 Life post flip project. 40:04 Sean's 4-unit house hack adventure. 49:17 From real estate inspector to broker. 58:23 What is your competitive advantage? 58:53 One piece of advice for new investors. 59:14 What do you do for fun? 59:22 Good book, podcast, or self development activity that you would recommend? 60:15 Local Network Recommendation? 60:56 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What should I focus on in negotiating a multifamily transaction? ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Noah Birk, Kiser Group Link: Kiser Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Luke Blahnik returns to educate us on the new Northwest Side Preservation Ordinance. Luke jumps right in by explaining the ins and outs of the expansion of the Predominance of the Block (606) District under this new ordinance. He breaks down the increased fees to demolish a multi-unit building, limitations on building single family homes, and requirements for selling a tenant-occupied building in the area. Luke, Mark, and Tom discuss how the Ordinance will not be able to accomplish the goal of preserving affordable housing and instead could have negative impacts to landlords and tenants. A main takeaway from today's show is to stay involved in housing provider communities and make your voice heard to stop policies that do not help landlords, tenants, and/or the City of Chicago as whole. If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Luke Blahnik, Flora | Blahnik @properties Link: Flora Blahnik Instagram Link: SUCI Ep 32 - Luke Blahnik's First Episode Link: Unreasonable Hospitality (Book Recommendation) Link: Copy of Ordinance Guest Questions 03:13 Housing Provider Tip - Stay involved in your community so your voice is heard. 04:53 Intro to our guest, Luke Blahnik! 05:27 The "Northwest Preservation Ordinance" Explained. 19:32 Exemptions for the Ordinance. 19:10 Benefits of raising capital and passive investments! 22:40 Groups most impacted by the Ordinance. 36:28 What's next following the implementation of the Ordinance? 39:49 What is your competitive advantage? 40:24 One piece of advice for new investors. 40:42 What do you do for fun? 41:18 Good book, podcast, or self development activity that you would recommend? 41:46 Local Network Recommendation? 42:31 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

RJ de Leon returns to the show to tell us about his most recent investments and how he's managing his portfolio remotely as he and his family spend most of the year traveling! RJ starts by discussing how he and his wife Nicky set up their investments and businesses to be able to manage them remotely and travel the country for months at a time! He gives tips for aspiring entrepreneurs that are planning to embark on a new journey. RJ explains all the benefits and considerations of passive investments and gets granular on analyzing investments. He also provides insights on capital raising and alternative investments beyond real estate that can allow you to work smarter, not harder. Throughout the show, RJ emphasizes the power of networking and being a "go-giver" to create your own luck! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: RJ de Leon, NVR Capital & EJC Partners Link: RJ's Instagram Link: SUCI Ep 43 - RJ and Nicky Link: The Actionable Mindset (RJ's Podcast) Link: Chicago Multifamily Club Link: The Go-Giver (Book Recommendation) Link: Straight Up Sarita Sells Team Guest Questions 04:08 Intro to our guest, RJ de Leon! 08:24 Getting into Capital Raising. 17:06 Preparation tips for embarking on a new journey! 19:10 Benefits of raising capital and passive investments! 25:51 The Power of Networking. 28:13 Analyzing a passive investment. 32:27 Accepting capital from investors. 38:18 RJ's next trip and getting educated on alternative investments. 44:44 What is your competitive advantage? 45:13 One piece of advice for new investors. 46:21 What do you do for fun? 47:09 Good book, podcast, or self development activity that you would recommend? 47:54 Local Network Recommendation? 48:44 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What are the construction costs associated with building out a new ADU unit? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Jonathan Klemm, Quality Builders Link: SUCI Episode 264: Unlocking Zoning Secrets: Your Guide to Chicago Zoning, ADUs, and Other Essential Information ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

George McCleary is a real estate investor and developer with two decades of experience. He is also the creator of courses that teach investors to protect themselves from Squatters and Deed Fraud! George starts by discussing his viral "I Stole a House" video which explains how sophisticated squatters are able to steal a property owner's equity. He dives into the top precautionary measures against squatters and shines light on some wild "unconventional methods" to remove squatters. George explains the value that his Squatter Defender and Title Fraud Defender courses bring to investors. He closes with tips on title monitoring to prevent title fraud and empowering words to help aspiring real estate investors take action! ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: George McCleary, Defender Networks Link: George's Instagram Link: Squatter Defender Course Link: Title Fraud Defender Course Link: SUCI Ep 278 - David Greene Guest Questions 02:22 Housing Provider Tip - Provide excellent service to avoid vacancy as a Landlord! 04:26 Intro to our guest, George McCleary! 09:53 The "I Stole a House" Video! 12:38 Best precautionary measures against squatters. 17:46 Squatter "Unconventional Methods". 24:00 Emerging Landlord-Friendly Legislation. 29:14 George's Squatter Defender Program! 31:06 In and Outs of Deed Fraud. 38:45 How to prevent Title Fraud? 48:22 What is your competitive advantage? 49:00 One piece of advice for new investors. 49:55 What do you do for fun? 50:25 Good book, podcast, or self development activity that you would recommend? 51:00 Local Network Recommendation? 51:39 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Join us for the grand opening and ribbon-cutting clebration of Pentwater Cabinetry's newly renovated showroom! On September 25th at 4pm, we cut the ribbon on the future for Pentwater Cabinetry and their ability to fill your cabinet needs. Enjoy complimentary snacks and beverages throughout the event! When: September 25th at 4pm Where: 920 N Lombard Road, Lombard, IL 60148 Call: 630-487-5811 Visit: Pentwater Cabinetry ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Horacio Tristan is a born and raised Chicagoan and full-time government employee who has built an impressive real estate portfolio and brokerage business! Horacio starts by discussing his upbringing and his first few real estate deals on Chicago's South Side. He explains how he built and maintained his real estate brokerage business during the housing crash. Horacio shares his geographic areas of focus and numbers-driven investment strategy. He discusses being an efficient real estate broker and how that has allowed him to succeed in brokerage while having a W2 job. In classic SUCI fashion, Horacio closes with a bullish outlook on Chicago! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Horacio Tristan, Kale Realty Link: Horacio's LinkedIn Link: SUCI Ep 311 - Alex Filin Link: The Four Agreements (Book Recommendation) Link: Nick Patterson (Network Referral) Guest Questions 03:00 Housing Provider Tip - Be aware of the Chicago Heat Ordinance as a Housing Provider. 04:10 Intro to our guest, Horacio Tristan! 08:40 Horacio's first few deals. 17:28 Navigating the Housing Crash. 28:40 Dealing with a distressed condo building. 31:47 Horacio's investing strategy today! 38:00 Being a successful broker with a W2 job. 40:30 What's next for Horacio? 44:58 The future of Chicago! 46:45 What is your competitive advantage? 47:25 One piece of advice for new investors. 47:50 What do you do for fun? 48:06 Good book, podcast, or self development activity that you would recommend? 48:30 Local Network Recommendation? 48:37 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What type of financing are investors utilizing to get deals done and what are the pros and cons of each option? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Perry Farella, First Community Mortgage Link: How 2 Fund Renovation Blog ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Kirby Atwell is a former US Army Officer turned real estate investor and podcast host with a focus on short-term rentals! Kirby starts with his experience in the military and jumping into real estate shortly after reading "Rich Dad, Poor Dad"! With over 100 renovated properties under his belt, he shares great insights on small and large flips including pros and cons of both options. Kirby discusses the midwest markets that he focuses on to maximize cash flow and how experimenting with a basement short-term rental led him to change his focus to STRs! He sprinkles in some STR horror stories and closes with a bullish take on owning vacation rentals in Michigan City. If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Kirby Atwell, Living Off Rentals Link: Living Off Rentals Podcast Link: Best Fit Homes (Network Referral) Link: The Almanack of Naval Ravikant (Book Recommendation) Guest Questions 01:40 Housing Provider Tip - Take the CIC property management class! 03:56 Intro to our guest, Kirby Atwell! 11:04 Kirby's first couple properties! 15:27 Kirby's return to Chicago after the military! 19:22 Comparing small vs large flips. 26:12 Getting aggressive on acquisition. 32:34 Building a cash flow for financial freedom! 38:09 Experimenting with Short Term Rentals. 45:52 STR horror stories! 50:40 Deal flow in Michigan City. 56:28 Starting a podcast. 59:00 What is your competitive advantage? 60:07 One piece of advice for new investors. 61:06 What do you do for fun? 62:40 Good book, podcast, or self development activity that you would recommend? 63:40 Local Network Recommendation? 64:31 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Taft West is the Vice President of Technical Assistance and Sustainability for the Chicago Community Loan Fund and is a renown property management instructor! Taft starts by sharing his background which includes some autopsy experience! He talks about starting in Chicago real estate, managing condominiums, and public housing in the late 1970s. Taft discusses the differences in leasing now compared to 40 years ago! He drops golden nuggets on the biggest mistakes landlords make and screen out bad tenants. Taft closes with powerful words on doing good work for your community to make a difference! Celebrate Taft: Are you one of the many owners who took one of Taft's classes? You can express your gratitude to Taft in-person on October 17th. He is being recognized by the Law Center for Better Housing for his work educating tenants and landlords about how to work together to build community. Learn more and celebrate Taft here: https://secure.qgiv.com/for/lawcenterforbetterhousing/event/2024lcbhfallbenefit/ ============= If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Taft West & Jared Kott, Chicago Community Loan Fund & Marblestone Property Group Link: Unacknowledged (Book Recommendation) Link: SUCI Ep 284 - Jared Kott Link: SUCI Ep 94 - Stacie Young (CIC) Guest Questions 01:45 Intro to our guest, Taft West and Jared Kott! 03:33 Taft's backstory! 19:01 Taft's transition into property management. 28:00 Leasing apartments back in the 1970s! 37:23 How Taft started working with CIC! 45:03 Biggest mistake landlords make. 54:52 Building a Community! 61:30 What is your competitive advantage? 62:50 One piece of advice for new investors. 63:46 What do you do for fun? 66:22 Good book, podcast, or self development activity that you would recommend? 67:24 Local Network Recommendation? 68:21 How can the listeners learn more about you and provide value to you ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What Should Investors Do To Ensure a Successful Rehab? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Jonathan Klemm, Quality Builders Link: Episode 76: Big Business Processes Make a Powerful Small Business with Jonathan Klemm ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Michael Valente is the founder and CEO of Renovation Sells Franchising; general contracting experts that focus on cosmetic renovations of pre-market homes to maximize sales price! Michael shares how he left his corporate job and began working for his mentor to learn the ropes of general contracting and renovation! He talks about starting his own general contracting business and the biggest lessons learned as he grew his business. He breaks down the genesis of Renovation Sells; his general contracting company that focuses on cosmetic renovations of pre-market homes so sellers can get top dollar! Michael dives into how he franchised his business and the most critical considerations in this process. Throughout the show, Michael emphasizes the importance of networking and largely attributes that to his success! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Michael Valente, Renovation Sells Link: Joel Schaub (Lender) Link: Faruk Daudbasic (Lender) Guest Questions 02:12 Housing Provider Tip - Ensure your units are priced correctly to find a renter before the end of leasing season. 04:30 Intro to our guest, Michael Valente! 09:02 Getting a General Contracting business off the ground! 15:38 Leaving a mentor to start your own business. 21:11 The idea of franchising a business. 30:01 How the franchise model works. 37:44 Biggest mistakes Michael made scaling his business. 43:08 Michael's pre-COVID Pilsen building! 46:37 Goals for the Renovation Sells franchise! 49:16 Top networking tips! 51:53 What is your competitive advantage? 52:41 One piece of advice for new investors. 53:10 What do you do for fun? 53:23 Good book, podcast, or self development activity that you would recommend? 54:32 Local Network Recommendation? 55:48 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Kevin Dugan is the Managing Principal of Altus Investment Group. He runs multiple businesses that successfully operate in Chicago while managing them remotely from Los Angeles! Kevin starts by talking about the skills he gained working on oil rigs and as a sales engineer and how that translated to real estate! He breaks down his first flip in South Shore and the process of managing that project from Los Angeles! Kevin dives deep into the challenges of managing rentals and growing a business remotely. He emphasizes hiring good people and building a construction arm as critical pieces for a thriving REI investment company. Throughout the episode, Kevin shares his firm belief in cultivating the "Who, Not How" mentality and building a great team! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Kevin Dugan, Altus Investment Group Link: Kevin's Instagram Link: Eric Workman (Network Referral) Link: Buy Back Your Time (Book Recommendation) Guest Questions 02:37 Housing Provider Tip - Ensure your apartments are turned over to a nice condition especially on higher priced units. 04:04 Intro to our guest, Kevin Dugan! 10:04 Starting with a South Shore flip and managing it from California! 14:28 Transitioning to investments in the south suburbs. 22:04 Obtaining financing for stabilized rental properties. 27:04 The process and mindset for starting a business! 33:44 Struggles with managing rentals from out of state. 38:00 How to grow a business remotely. 47:55 One decision that Kevin would change in his trajectory. 53:54 What is your competitive advantage? 54:13 One piece of advice for new investors. 54:29 What do you do for fun? 54:43 Good book, podcast, or self development activity that you would recommend? 55:13 Local Network Recommendation? 56:04 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What Are 3 Features That Increase Your Insurance Premium and 3 Features That May Decrease Your Insurance Premium? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Josh Steigelmann, State Farm Insurance Link: Investor Stories Featuring Sean Morrissey ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Noah Schatz is the founder of Domu and CEO of Schatz Development. He has vast experience in design-driven developments in downtown Chicago and leasing apartments for operators through his apartment searching platform Domu. Noah kicks things off by talking about his first development and land banking! He provides insights on the 600 N Fairbanks development; a luxury high-rise condominium tower in Streeterville. Noah shares the process of working with Helmut Jahn, a world-renowned architect who designed 600 N Fairbanks. Noah dives into the benefits of his apartment searching platform Domu and provides tremendous tips on rental listings to get units leased fast! To conclude the episode, Noah shares an optimistic outlook on the Windy City! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Noah Schatz, Domu Chicago Apartments Link: Andrew Porter (Network Recommendation) Link: 600 N Fairbanks Condo Development Link: The Peter Attia Drive Podcast Guest Questions 02:12 Housing Provider Tip - Adjust rental prices during the end of leasing season to minimize vacancy. 03:22 Intro to our guest, Noah Schatz! 08:38 Noah's first development and land banking! 16:24 The value of architecture and design in development. 26:17 Pre-crash market and inception of Domu! 32:50 Benefits of Domu over other platforms. 35:45 Top leasing tips! 49:06 Noah's outlook on Chicago. 51:15 What is your competitive advantage? 52:50 One piece of advice for new investors. 53:39 What do you do for fun? 54:15 Good book, podcast, or self development activity that you would recommend? 55:13 Local Network Recommendation? 56:04 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Morgan Basham is a real estate broker and investor with vast experience in off-market prospecting, acquisitions, and stabilization of investment properties! Morgan shares her start in real estate and the ins and outs of investing in Braidwood, IL! She breaks down her first deal in Chicago; an impressive story of tremendous due diligence as part of the acquisition of an auction property! Morgan, Mark, and Tom discuss the mindset required to take the leap of faith and dive into real estate full-time. Morgan closes with golden nuggets on frugality hacks to save for your next investment and improve finances in general! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Morgan Basham, Kale Realty Link: Morgan's Instagram Link: SUCI Ep 188 - Forewarn Link: Zach Karp (Lender Referral) Link: The Four Agreements (Book Recommendation) Guest Questions 01:59 Housing Provider Tip - Take final walkthroughs seriously and know what to look for. 03:53 Intro to our guest, Morgan Basham! 10:48 Morgan's start in real estate! 13:31 Insights on Braidwood, IL. 17:55 Morgan's first deal / auction story in Chicago! 28:00 Mindset for quitting the W2 and pursuing an entrepreneurial route! 31:31 What's next in Morgan's investing journey? 33:05 Hacks to be frugal and save money. 35:15 Outlook on Chicago. 37:14 What is your competitive advantage? 38:26 One piece of advice for new investors. 39:00 What do you do for fun? 39:17 Good book, podcast, or self development activity that you would recommend? 40:11 Local Network Recommendation? 40:27 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Why are insurance rates so high right now? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Josh Steigelmann, State Farm Insurance Link: Investor Stories Featuring Sean Morrissey ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Bernel Hall is the president and CEO of New Jersey Community Capital and has executed over $5 billion in real estate investments and lending. Bernel starts off by explaining how playing Monopoly sparked his interest in real estate as a kid! He discusses how he got involved with public housing developments and gives his take on ways housing authorities can improve efficiencies. Bernel shares his proudest development story which involved the creation of the New Jersey Land Bank and the massive impact it had on the community. In this episode, Bernel motivates with his distinguished resume and initiative to redevelop and bring positive change to underserved communities! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Bernel Hall, New Jersey Community Capital Link: Purpose Brand Public Relations Link: SUCI Ep 137 - Morgan Malone Link: SUCI Ep 38 - Rob Rose Link: SUCI Ep 45 - Jack Crane (CIC) Link: Rich Dad's Cashflow Quadrant (Book Recommendation) Guest Questions 03:20 Housing Provider Tip - Use Google Earth as a tool for property due diligence! 05:43 Intro to our guest, Bernel Hall! 12:59 Getting involved with public housing development. 16:00 How to improve efficiencies in public housing. 20:30 Bernel's proudest redevelopment! 30:58 Challenges of making public and private housing groups work together. 38:36 What's next for Bernel? 41:11 5 Year outlook on commercial real estate. 42:12 What is your competitive advantage? 43:28 One piece of advice for new investors. 44:02 What do you do for fun? 44:12 Good book, podcast, or self development activity that you would recommend? 44:48 Local Network Recommendation? 45:44 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Tom welcomes President of the Neighborhood Building Owner's Alliance, Mike Glasser, for a special announcement about their upcoming 12th Annual NBOA Summer Soiree. You don't want to miss it! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: NBOA (Neighborhood Building Owner's Alliance) President, Mike Glasser Link: 12th Annual NBOA Summer Soiree ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

James Thompson is broker and property manager with vast experience acquiring, renovating, and managing apartment buildings all at the young age of 25 years old! James shares the early grind required to get off the ground in the commercial real estate game! He discusses the biggest lessons learned from renovating and managing 100+ apartments. James gives the scoop on investing in student housing and also provides some good REI horror stories. James closes with great advice for newer investors and a positive outlook on Chicago! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: James Thompson, Triton Realty Group Link: SUCI Ep 22 - Matt Fritzshall (Network Referral) Link: Morning Brew Daily (Podcast Recommendation) Link: Jay Parsons (Rental Housing Economist) Link: Jay Martin - Article on Rent Control Drawbacks Guest Questions 03:30 Housing Provider Tip - Be aware of required inspections when replacing hot water heaters! 05:36 Intro to our guest, James Thompson! 09:37 The grind of starting in commercial real estate. 17:22 Biggest lessons learned from construction and management of buildings! 22:50 The 101 on student housing. 26:32 Growing the management company and horror stories! 35:15 Advice for new and aspiring investors. 37:07 James' outlook on Chicago. 43:55 What is your competitive advantage? 44:27 One piece of advice for new investors. 44:57 What do you do for fun? 45:08 Good book, podcast, or self development activity that you would recommend? 45:37 Local Network Recommendation? 46:16 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What Are Some High-Level Guidelines Chicago Investors Can Leverage to Estimate Rehab Costs? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Jonathan Klemm, Quality Builders Link: Episode 76: Big Business Processes Make a Powerful Small Business with Jonathan Klemm ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Tony Arce and his Team at The Face of Community & Business provide a media platform for leaders in business to connect, teach, and grow together. Tony starts by sharing how he discovered his passion for media and creating human-to-human connections not only in his personal life but in business. He explains how this passion sparked the idea of creating The Face of Community & Business (TFOCB); a media platform that allows for the creation of professional communities across different businesses. Tony discusses the importance of building a brand and influence to set your business up for success. Throughout the episode, Tony shares great insights on being a connector and creating business communities. If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Tony Arce, The Face of Community & Business Link: TFOCB's Instagram Link: Never Split the Difference (Book Recommendation) Link: LaQuan Henley (Network Referral) ----------------- Guest Questions 02:31 Housing Tip Limit your vacancy by pricing your units appropriately to end this leasing season! 04:35 Intro to our guest, Tony Arce! 11:32 The Creation of TFOCB. 19:38 Common mistakes when building a business and a brand! 25:07 Creating a platform for content creators and influencers. 33:05 The Importance of Events for Building a Community. 45:53 What's next for Tony? 50:21 What is your competitive advantage? 50:48 One piece of advice for new investors. 51:36 What do you do for fun? 52:18 Good book, podcast, or self development activity that you would recommend? 53:06 Local Network Recommendation? 53:49 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Alex Filin is a seasoned Loan Office, Coach, and Investor with over $385 Million in funded loans! Alex shares his upbringing as an immigrant in America, experiences that cultivated grit, and his journey to becoming a D1 football player! He discusses his successful career shift to mortgage lending where he closed $95 million in funded loans in the first 5 years. Alex emphasizes the importance of having mentors, being coachable, and surrounding yourself with people you want to be like. Alex closes with empowering words on "getting into the game" now and having integrity in business and in life! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Alex Filin, Vybe Mortgage Link: Alex's Instagram Link: Growth Only Coaching Link: SUCI Ep 205 - Nick Chaplain (Life Insurance) Link: Horacio Tristan (Network Referral) ----------------- Guest Questions 02:33 Housing Provider Tip - Prevent wire fraud by calling the title company to confirm wire instructions. 04:51 Intro to our guest, Alex Filin! 18:48 Alex's career shift to mortgage lending! 22:18 Tips to get started in real estate. 28:20 How to be coachable. 34:04 Alex's start to investing! 44:27 Alex's 10 year forecast in real estate. 47:57 What is your competitive advantage? 48:57 One piece of advice for new investors. 49:49 What do you do for fun? 50:48 Good book, podcast, or self development activity that you would recommend? 51:38 Local Network Recommendation? 52:07 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What Steps Should Investors Take During the Tax-Offseason to Minimize Tax Liability? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Michael Procaccio, Pro Financial Services Group Inc Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.