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Straight Up Chicago Investor

Straight Up Chicago Investor

478 episodes — Page 4 of 10

Ep 326Episode 326: How This Chicago Investor Grew 10x in Just 3 Years with RJ de Leon

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.

Oct 3, 202453 min

Ep 325Episode 325: How Much Does it Cost to Construct an ADU in Chicago?

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.

Oct 1, 202417 min

Ep 324Episode 324: How to Combat Squatters and Title Deed Fraud with George McCleary

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.

Sep 26, 202454 min

PW Cabinetry Grand Opening

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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.

Sep 23, 20240 min

Ep 323Episode 323: Leveraging a W2 to Grow a Chicago Portfolio and Brokerage with Horacio Tristan

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.

Sep 19, 202451 min

Ep 322Episode 322: FHA Financing vs 5% Down; Pros and Cons For Each Option With Perry Farella

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.

Sep 17, 202417 min

Ep 321Episode 321: Flipping, Short-Term Rentals, & Helping Veterans Secure Housing with Kirby Atwell

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.

Sep 12, 20241h 7m

Ep 320Episode 320: The Godfather of Chicago Property Management, Taft West

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.

Sep 5, 20241h 11m

Ep 319Episode 319: Great Tips on How To Manage Your Contractors

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.

Sep 3, 202413 min

Ep 318Episode 318: How to 4X Your Real Estate Business with Michael Valente

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.

Aug 29, 202458 min

Ep 317Episode 317: Kevin Dugan Does It From 2,000 Miles Away… What Excuse Do You Have?

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.

Aug 22, 202458 min

Ep 316Episode 316: 3 Features That Increase Your Insurance Premium and 3 Features That May Decrease Your Insurance Premium

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.

Aug 20, 202415 min

Ep 315Episode 315: Streeterville High-Rise Developments and Top Tier Leasing Tips with Domu Founder Noah Schatz

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.

Aug 15, 202459 min

Ep 314Episode 314: Due Diligence for Off-Market Properties Like You've Never Seen with Morgan Basham

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.

Aug 8, 202443 min

Ep 313Episode 313: Why Are Insurance Rates So High Right Now and What Can Investors Do to Minimize Premiums?

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.

Aug 6, 20249 min

Ep 312Episode 312: Redeveloping Over 2100 Units in Underserved Communities with Bernel Hall

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.

Aug 1, 202448 min

Ep 311Special NBOA Soiree Announcement

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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.

Jul 30, 20243 min

Ep 311Episode 311: Managing and Operating 100+ Units at 25 Years Old with James Thompson

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.

Jul 25, 202449 min

Ep 310Episode 310: Guidelines Investors Can Utilize To Estimate Rehab Costs

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.

Jul 23, 202412 min

Ep 309Episode 309: How To Build a Community of Experts and Influencers with Tony Arce

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.

Jul 18, 202456 min

Ep 308Episode 308: D1 Athlete's Journey: From Immigrant to Finance Mentor with Alex Filin

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.

Jul 11, 202456 min

Ep 307Episode 307: Steps For Investors To Take During the Tax Off-Season

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.

Jul 9, 202413 min

Ep 306Episode 306: Drugs, Death, and Big Mistakes Never Spoken Of with Mark Ainley

The tables turn this week as Mark Ainley gets interviewed by Tom Shallcross, returning the favor from Episode 235 (episode link in show notes)! Tom starts by asking Mark about his childhood and upbringing; spoiler alert - there is mention of Mark's frosted-tips phase while vacationing in Mexico!! Mark breaks down his start in real estate, the genesis of GC Realty & Development, and the early REI ventures that he and his business partner Bryan took on. He discusses his experience with repositioning office buildings and industrial investments displaying the range of his investing journey. Mark closes with tremendous insights on his most recent project involving rehabbing of a residential property and partnering up with a younger investor. This episode is full of golden nuggets and funny stories that you won't 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] Guests: Mark Ainley, GC Realty & Development Link: Mark's Instagram Link: SUCI Ep 235 - Tom Shallcross Link: John Warren's Meetup Link: NBOA - 2024 Summer Soiree Link: Bibek Das (Network Referral) Link: The Psychology of Money (Book Recommendation) ----------------- Guest Questions 04:15 Intro to our special guest, Mark Ainley! 15:04 The Genesis of GC Realty! 19:50 GC Realty's shift to property management. 21:55 Navigating the Housing Crash. 39:23 Shift to industrial investments. 48:00 Jumping back into rehabbing properties! 61:11 What is your competitive advantage? 61:38 One piece of advice for new investors. 62:08 What do you do for fun? 63:05 Good book, podcast, or self development activity that you would recommend? 64:04 Local Network Recommendation? 64:46 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.

Jul 4, 20241h 7m

Ep 305Episode 305: Three Chicago Pockets No One is Talking About With Sarita Scherpereel and Megan Osberger

Sarita Scherpereel and Megan Osberger join us to discuss three overlooked neighborhoods and why they anticipate tremendous growth in those areas! Sarita and Megan start by discussing how a new Metra stop in the Andersonville and Edgewater neighborhoods is going to take that area to the next level! They break down the new CTA green line stop at Damen/Lake and explain the growth that it could bring to the United Center area and surrounding neighborhoods. The duo shifts west to share insights on the "Triangle" west of Humboldt Park. They drop nuggets on the housing stack and the renovation required to achieve maximum ROI. Sarita and Megan close with an extremely bullish outlook on Chicago and empowering words on why now is the time to 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] Guests: Sarita Scherpereel and Megan Osberger, Straight Up Sarita Sells Team Link: Jim Erwin (Network Referral) Link: Straight Up Sarita Sells Meetup ----------------- Guest Questions 01:52 Housing Provider Tip - Tips on providing a 5-Day notice. 03:57 Intro to our guests, Sarita Scherpereel and Megan Osberger! 04:33 New Peterson-Ridge Metra Stop in Andersonville/Edgewater! 11:44 Upside brought by the new Damen Green Line Stop! 22:22 The "Triangle" West of Humboldt Park! 35:32 The Future of Chicago. 38:30 What is your competitive advantage? 39:58 One piece of advice for new investors. 40:16 What do you do for fun? 40:47 Good book, podcast, or self development activity that you would recommend? 41:19 Local Network Recommendation? 42:51 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.

Jun 27, 202446 min

Ep 304Episode 304: What Are the Different Items Holding Up Closings in 2024?

How are local Chicago real estate transactions different than they were a year ago? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Bibek Das, Das Law ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Jun 25, 202413 min

Ep 303Episode 303: How Two Teachers Found Financial Independence Through Real Estate with Blaine and Lily Kosek

Want to hear an inspirational story about two teachers leaving their W2 and amassing over 20 rental units over a few short years? If so, then this show is for you! Blaine and Lily talk about their decision to leave their jobs as educators to become full-time real estate agents and investors! They discuss specific suburb markets that they target along with pros and cons of the BRRRR strategy. Lily and Blaine share their vast experience with short-term rentals and dive deep on top considerations to set yourself up for success. Through the show, the duo provides repeated examples of how they just took action and let experience be the best teacher and largely attribute their success to that! 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: Blaine and Lily Kosek, The Blaine Kosek Team Link: Krush It With The Koseks (TikTok) Link: Rich Dad Poor Dad (Book Recommendation) Link: Atomic Habits (Book Recommendation) ----------------- Guest Questions 02:11 Housing Provider Tip - Perform preventative maintenance on gutters and downspouts to be prepared for rain season! 03:58 Intro to our guests, Lily and Blaine Kosek! 05:32 Leaving teaching to pursue real estate! 19:27 The Kosek Meetup Group! 24:16 The Pitfalls of the BRRRR strategy. 29:32 Opportunity in DeKalb. 35:10 Ins and outs of short term rentals! 43:45 Considerations for lake-front AirBNBs. 50:50 Best suburbs for short term rentals. 60:20 The Future of the Koseks! 62:52 What is your competitive advantage? 64:06 One piece of advice for new investors. 66:00 What do you do for fun? 66:21 Good book, podcast, or self development activity that you would recommend? 67:12 Local Network Recommendation? 67:48 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.

Jun 20, 20241h 10m

Ep 302Episode 302: Strategies for Acquiring Off Market Real Estate with Dain Laverty

Dain Laverty is a Managing Partner of Property Pals; a company that specializes in acquiring off market real estate through a variety of methods! Dain shares his start in real estate including his first deal on Chicago's south side sourced from Craigslist! He discusses finding his business partner and how he identified their complementary skill sets. Dain discusses different strategies for acquiring off market properties including Subject to and gives pointers on approaching potential sellers! Throughout the episode, Dain drops great insights on transitioning from corporate America to real estate and emphasizes the importance of having a "take action" mindset! 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: Dain Laverty, Property Pals USA Link: SUCI Ep 64 - Frank Montro Link: All-In Podcast Link: The Go Giver (Book Recommendation) Link: Dain's Instagram ----------------- Guest Questions 02:37 Housing Provider Tip - Build and keep rapport with your residents to make your life easier! 04:32 Intro to our guest, Dain Laverty! 13:50 How Dain found his business partner! 17:48 Keys to scaling. 26:03 Starting a conversation with a potential seller. 28:54 Expanding beyond Chicago Real Estate. 32:37 Sub2 Financing! 40:35 The Due on Sale clause. 47:49 Dain's outlook on Chicago! 53:50 What is your competitive advantage? 54:07 One piece of advice for new investors. 54:29 What do you do for fun? 54:46 Good book, podcast, or self development activity that you would recommend? 54:24 Local Network Recommendation? 56:23 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.

Jun 13, 202459 min

Ep 301Episode 301: How to Maximize Showing Value by Professionally Decluttering With Karen Welch

What is the easiest way to declutter a home to maximize it's showing value? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Karen Welch, Moovers Chicago Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Jun 11, 202410 min

Ep 300Episode 300: 300th Episode Celebration - Answers To Burning REI Questions Amongst Chicago Investors with Mark and Tom

Straight Up Chicago Investor Podcast celebrates its 300th Episode! To celebrate the huge milestone, Mark and Tom answer questions from guests on all things Chicago REI! If you enjoy all the value the SUCI podcast brings, 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: Mark Ainley and Tom Shallcross, Straight Up Chicago Investor ----------------- Guest Questions 03:55 How to maximize rent in a hot market? 08:00 Biggest wins and losses in REI! 18:19 Changing REI strategies to promote progression! 21:00 BRRRR'ing single family homes vs multifamily rentals. 24:03 Advice letter from your 20-year old self! 26:16 Brick vs Frame Buildings. 31:15 Pros and Cons of CHA Tenants. 35:12 Chicago's new "Express Permit". 37:56 Best property management softwares. 39:55 Is rental arbitrage worth it? 42:45 Build-to-Rent in Chicago! 45:07 Managing security deposits. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Jun 6, 202452 min

Ep 299Episode 299: The Top 25 Lists to Find Motivated Sellers with DealMachine's David Lecko

David Lecko is an investor and CEO of DealMachine; a software that helps investors streamline the process of off-market property lead generation! David starts by discussing the genesis of DealMachine He does a deep dive on the 25 motivated seller lists that can be found on DealMachine or other applications. He emphasizes the importance of being persistent and putting in the reps as off-market lead generation is a numbers game. David closes with great tips on the importance of taking action and building a network to set yourself up for 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: David Lecko, DealMachine Link: David's Instagram Link: The DealMachine REI Podcast Link: My First Million Podcast Link: Nick Gray (Network Recommendation) ----------------- Guest Questions 01:39 Housing Provider Tip - Perform a usability check during your turnovers to ensure everything is functioning appropriately! 02:34 Intro to our guest, David Lecko. 06:14 The Genesis of DealMachine. 10:04 DealMachine's Lists! 30:16 How new investors can start utilizing the lists. 33:02 Scripts for sellers and call-back expectations. 36:50 What is your competitive advantage? 37:13 One piece of advice for new investors. 38:07 What do you do for fun? 38:29 Good book, podcast, or self development activity that you would recommend? 38:54 Local Network Recommendation? 40:20 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.

May 30, 202442 min

Ep 298Episode 298: How To Fund Renovations with Larry Baszynski and Scott Hodgden

Larry Baszynski and Scott Hodgden of Finance of America Commercial are seasoned lenders who have helped their investor clients build tremendous real estate portfolios and wealth. Larry and Scott discuss the products that their company offers including Fix and Flip loans, Construction Loans, and Long-Term loans for stabilized properties. They share common pitfalls and root causes of failed renovation projects. The duo explains how hard money loans are underwritten and what a borrower needs to know to set themselves up for a successful loan! This show is full of golden nuggets with emphasis on the importance of building your team and buying your next investment property sooner! 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: Larry Baszynski and Scott Hodgden, Finance of America Commercial Link: The Success System That Never Fails (Book Recommendation) Link: SUCI Ep 79 - Gary Davidson Link: SUCI Ep 50 - Andrew Holmes ----------------- Guest Questions 02:57 Housing Provider Tip - Ensure windows are properly caulked to prevent leaks! 04:34 Intro to our guest, Larry and Scott! 13:41 FOA Commercials' transition after being bought out. 15:06 FOA Commercials' products. 18:57 DSCR loans for stabilized properties. 25:44 Common causes of failed investments! 29:03 How interest rates are impacting lending! 35:25 Where are hard money funds sourced from? 36:49 Taking back a property on a failed project. 40:53 How aggressive can FOA Commercial get? 44:18 What happens if interest rates hit 10%? 46:02 What is your competitive advantage? 46:43 One piece of advice for new investors. 47:57 What do you do for fun? 48:23 Good book, podcast, or self development activity that you would recommend? 49:33 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.

May 23, 202453 min

Ep 297Episode 297: How to Pay Less in Taxes Via Tangible Property Regulations with Brenten Blakeman

What are tangible property regulations and how can investors leverage this IRS code to pay less in taxes? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Brenten Blakeman, Tangible Property Tax Methods Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

May 21, 202416 min

Ep 296Episode 296: How to Crush RE Investments on Chicago's South Side with Moses Hall

Moses Hall is a top producing commercial real estate broker and leads a brokerage that serves investors, landlords, and tenants. Moses discusses his start in real estate, taking the plunge to start his own business, and the challenges that came with that. He dives into his geographical areas of focus in Chicago and his investment strategy. Moses sheds light on the Chicago Association of Realtors (CAR), his leadership position on the board, and the value that CAR brings to all its members. Moses closes with a bullish outlook on Chicago emphasizing why we are and will continue to be a world class 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: Moses Hall, MoHall Commercial & Urban Development Link: Kevin Rocio (Network Recommendation) Link: Moses' LinkedIn Link: SUCI Build Your Team ----------------- Guest Questions 02:00 Housing Provider Tip - Make yourself visible for CHA and City Inspections! 04:00 Intro to our guest, Moses Hall! 10:10 Biggest unforeseen challenge when starting a business! 11:49 Drama with Tiffany Henyard. 13:53 Moses' areas of focus. 16:16 Chicago Association of Realtors (CAR) and their mission! 23:39 Benefits of being a CAR member. 25:43 How is CAR working with NAR on the recent settlement? 37:27 Other areas of focus for CAR! 40:47 Efforts to make adding affordable housing easier. 41:55 Moses' outlook on Chicago. 43:33 What is your competitive advantage? 44:07 One piece of advice for new investors. 44:38 What do you do for fun? 44:55 Good book, podcast, or self development activity that you would recommend? 45:26 Local Network Recommendation. 49:59 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.

May 16, 202449 min

Ep 295Episode 295: The Ultimate HACK to Long-Term Wealth with Brian Tibbs

Brian Tibbs is an investor and best-selling author who teaches others how to thrive financially! Brian starts by sharing how he hit the ground running by house hacking multiple properties and scaling up to 10-units before the age of 30! He explains how he saved money for down payments and the setbacks he experienced during his early REI days. Brian explains "The HACKER Method" - a wealth-building system to "hack" your lifestyle to grow great wealth. He breaks down each part of the system and reveals the practical steps to save more, invest more, and build wealth. Throughout the show, Brian emphasizes the importance of strategically budgeting and investing for anyone looking to thrive financially! 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: Brian Tibbs of The Unexpected Investor Link: The Unexpected Investor Calculators Link: All-In Podcast Link: The 21 Irrefutable Laws of Leadership Link: Brandon Turner Instagram ----------------- Guest Questions 03:11 Housing Provider Tip - Understand HOA rules if you're considering changing flooring! 05:15 Intro to our guest, Brian Tibbs! 11:24 Brian's RE acquisitions following his first duplex. 16:21 Early setbacks that Brian experienced! 19:07 Intro to The HACKER Method! 29:50 The power of compounding money. 41:00 How to scale responsibly. 43:55 Jumping into short-term rentals. 49:45 How anyone can apply the HACKER method! 54:16 Passing on good financial habits to your children. 57:33 What is your competitive advantage? 58:19 One piece of advice for new investors. 59:08 What do you do for fun? 59:37 Good book, podcast, or self development activity that you would recommend? 60:56 Local Network Recommendation? 61:56 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.

May 9, 20241h 5m

Ep 294Episode 294: Creating a Successful Operating Agreement with Chance Badertscher

What items need to be covered in a successful operating agreement? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chance Badertscher, Lavelle Law Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

May 7, 202411 min

Ep 293Episode 293: Help! Firefighters, City Inspectors, and Police Officers Are All at My Building With Anthony Rodriguez From Drexel Properties

Anthony Rodriguez is an experienced Chicago Property Manager who manages over 300 units for Drexel Properties! Anthony starts by discussing his previous experience in other industries and how those skills have translated into his real estate career. Then, Tom and Anthony retell the story of how their team managed a boiler explosion in a multifamily building. They break down how they notified the City and other stakeholders, relocated tenants, coordinated the boiler repair and City Inspections, and finally returned tenants back to the building! This episode is full of great insights on how to correctly handle building emergencies and the importance of having a network to manage these unfortunate incidents! 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: Anthony Rodriguez, Drexel Properties Link: SUCI Ep 154 - Jeff Weinberg ----------------- Guest Questions 02:10 Housing Provider Tip - Ensure you have contacts for special equipment repairs! 03:54 Intro to our guest, Anthony Rodriguez! 05:57 Anthony's start with Drexel Properties! 10:08 The Boiler Blowup Story! 24:06 Relocating tenants during an emergency. 30:26 Other damages caused by the incident. 36:46 Tenants return to the building. 39:02 Could the incident have been prevented with additional due diligence? 48:12 What is your competitive advantage? 48:37 One piece of advice for new investors. 48:57 What do you do for fun? 49:19 Good book, podcast, or self development activity that you would recommend? 49:47 Local Network Recommendation? 50:14 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.

May 2, 202453 min

Ep 292Episode 292: Why Investors Need to Know a Good Public Adjuster with Dorian Bezanis

Chicago Native Dorian Bezanis is the president of ALPHA Adjusting and has nearly four decades of investing experience in Chicago's Northside! Dorian jumps right in by discussing the investing portfolio he's built in Edgewater and Rogers Park over the last 37 years. He explains the role of a public adjuster, the immense value they bring to investors. Dorian gets granular by sharing how to handle fires and other losses at investment properties. He closes with a five year outlook on Chicago including a bullish take on rent 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: Dorian Bezanis, ALPHA Adjusting | Email Dorian ([email protected]) Link: The Mysterious Case of Rudolf Diesel (Book Recommendation) Link: Andy Dolliff (Network Referral) ----------------- Guest Questions 01:16 Housing Provider Tip - Ensure you have a punch list for turnover to handle! 02:44 Intro to our guest, Dorian Bezanis! 06:57 Breaking down Dorian's portfolio! 17:28 Advice to new investors from 37 years of experience! 25:17 Understanding the value of Public Adjusters. 37:15 Handling fires and other claims! 48:48 Dorian's 5 year outlook on Chicago real estate. 54:02 What is your competitive advantage? 54:15 One piece of advice for new investors. 54:24 What do you do for fun? 54:41 Good book, podcast, or self development activity that you would recommend? 55:46 Local Network Recommendation? 57:14 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.

Apr 25, 202459 min

Ep 291Episode 291: What Every Investor Needs To Know About the Rehab Draw Process

How does the draw process work when taking on a construction loan? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman, Renovo Financial Link: Workman Lending Team - Renovo Financial - Real Estate Investment Loans ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Apr 23, 202422 min

Ep 290Episode 290: Want To Make It 20+ years in Chicago REI? Learn How With Neena Vlamis

Neena Vlamis is the President and Owner of A and N Mortgage. Born and raised in Chicago, she discusses building her mortgage company along with developing an impressive real estate investment portfolio in Chicago. Neena starts by explaining how she scaled her mortgage company, building a culture, and behind the scenes challenges. She provides insights on how lending regulations vary across states and talks about what makes A and N unique. Neena gives her take on adapting to a higher interest rate market and the recent NAR settlement. She closes with a bullish outlook on the Chicago Real Estate market! 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: Neena Vlamis, A and N Mortgage Link: SUCI Ep 250 - Jonathan Klemm ----------------- Guest Questions 01:10 Housing Provider Tip - Keep up with landscaping to avoid fines from the city! 03:01 Intro to our guest, Neena Vlamis! 07:01 Neena's early lending and investing days! 13:47 Scaling the mortgage lending business. 16:18 Maintaining culture in a business. 20:19 Behind the scenes lending challenges. 24:16 Neena's other investments! 32:24 Differences in lending across states. 35:08 What makes A and N Mortgage unique? 38:29 Adapting to higher interest rates. 41:44 Neena's outlook on Chicago and the Real Estate Industry! 45:50 What is your competitive advantage? 46:04 One piece of advice for new investors. 46:13 What do you do for fun? 46:36 Good book, podcast, or self development activity that you would recommend? 47:03 Local Network Recommendation? 48:13 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.

Apr 18, 202450 min

Ep 289Episode 289: VA Loans, ADUs, and Turning a Funeral Home Into an Airbnb with Andrew Dorazio

Andrew Dorazion is a former Army officer and accomplished real estate broker, investor, and property manager! Andrew jumps right in with a cool story involving a funeral home turned short term rental! He shares tips on finding partners and structuring partnerships to help scale more quickly. Andrew drops valuable nuggets on pumping a building's NOI through reconfigured floor plans and adding ADUs. He does a deep dive on the Zoning Change Process in Chicago! Throughout the show, Andrew emphasizes the importance of taking action to propel your growth in real estate and any other endeavor! 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: Andrew Dorazio, Dorazio Real Estate Link: BCG Real Estate Group Link: Andrew's ADU Blog Link: My First Million (Podcast Recommendation) Link: Buy Then Build (Book Recommendation) Link: SUCI Ep 245 - JD Modrak Link: SUCI Ep 224 - Jason Wagner ----------------- Guest Questions 02:00 Housing Provider Tip - Maintain AC units as the weather gets warmer! 03:15 Intro to our guest, Andrew Dorazio! 03:45 Andrew's "killer" deal! 07:28 Andrew's start in real estate. 12:11 How to find partners to scale faster? 17:00 Early mistakes on Short Term Rentals. 24:04 Ways to reposition an asset. 35:05 The Process of a Zoning Change! 44:56 Building Department for requirements for ADUs! 50:25 What's next for Andrew and his team? 53:14 What is your competitive advantage? 54:03 One piece of advice for new investors. 55:34 What do you do for fun? 56:17 Good book, podcast, or self development activity that you would recommend? 57:48 Local Network Recommendation? 58:38 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.

Apr 11, 20241h 2m

Ep 288Episode 288: This Is Where Interest Rates Are Going Next...

Where Are Interest Rates Heading and What's Happening in The Capital Markets? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman, Renovo Financial Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Apr 9, 202414 min

Ep 287Episode 287: Why Your Customer Experience is Falling Short with Joey Coleman

Joey Coleman is a best selling author and founder of a branding firm that specializes in helping businesses retain customers and employees! Joey jumps right in by explaining the difference between customer service and customer experience. He explains the best ways to handle routine tenant check ins and disagreements with tenants all through the lens of optimizing customer experience. Joey shares how the Eight Phases to "Never Lose a Customer Again" apply to prospective tenants. Joey closes with an amazing story of how a human-level connection and a small gift resulted in a tremendous business opportunity! 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 Coleman, Design Symphony Link: Never Lose A Customer Again Link: Never Lose An Employee Again Link: Dan Gingiss (Network Referral) Link: Careers | GC Realty & Development, LLC ----------------- Guest Questions 03:23 Housing Provider Tip - Run your investment properties like a business and treat your residents like clients. 03:51 Intro to our guest, Joey Coleman! 07:04 Customer service vs customer experience! 14:00 To check in with the tenant or not? 16:29 Reassuring tenants after move-in. 23:47 Phases to Never Lose a Customer Again! 41:10 How to handle disagreements with tenants? 50:58 Gifts and the $35,000 golf ball! 56:56 Advice to 20 year old Joey Coleman. 59:16 What is your competitive advantage? 59:42 One piece of advice for new investors. 60:16 What do you do for fun? 60:57 Good book, podcast, or self development activity that you would recommend? 62:44 Local Network Recommendation? 64:00 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.

Apr 4, 20241h 8m

Ep 286Episode 286: The Chicago Investor's Guide to Public Relations with Sabrina Wottreng

Sabrina Wottreng is a Chicago-based Publicist and a "Friend of the Pod." Sabrina's company specializes in the real estate sector and has helped many Chicago-area real estate teams with their public relations (PR) and communications strategies. Sabrina explains how she got started in PR and her introduction into commercial real estate. She dives into the value-add that her company brings to real estate investors and gives tips on building an online presence and reputation. Sabrina emphasizes the importance of LinkedIn, building your network, and even updated headshots if you're an investor looking to scale. This show is full of amazing tips you likely have not considered and can easily leverage to scale your real estate business. 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: Sabrina Wottreng of Sabrina Wottreng Public Relations Link: Sabrina's LinkedIn Link: SUCI Ep 274 - Marc Rutzen Link: SUCI Ep 275 - Mike Kehoe Link: SUCI Ep 124 - Aaron Galvin Link: The Messy Middle (Book Recommendation) Link: Brian McConkey Photography ----------------- Guest Questions 03:23 Housing Provider Tip - Consult with your attorney before negotiating with problem tenants. 05:07 Intro to our guest, Sabrina Wottreng! 08:18 Sabrina's start in real estate! 11:48 Sabrina's PR services! 20:08 Importance of reviews and reputation. 24:58 When should investors start caring about their online presence? 29:12 Marketing for Investors 101! 36:17 Building your network as a new investor! 40:49 Importance of headshots! 45:36 Sabrina's value proposition to investors! 51:18 What's next for Sabrina? 52:30 What is your competitive advantage? 52:50 One piece of advice for new investors. 53:18 What do you do for fun? 53:40 Good book, podcast, or self development activity that you would recommend? 54:22 Local Network Recommendation? 55:04 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.

Mar 28, 202458 min

Ep 285Episode 285: Diving into DSCR with Eric Workman of Renovo Financial

How is DSCR calculated, and how does it affect investors' ability to borrow? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman, Renovo Financial Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Mar 26, 202414 min

Ep 284Episode 284: Triumphs and Troubles From a Decade of Experience on Chicago's Southeast Side with Jared Kott

Jared Kott returns to share the ups and downs of his real estate journey that started just over 10 years ago when he left the corporate world! Jared gets right into it by talking about the challenges of operating in C/D class neighborhoods! He shares the cold hard truth of dealing with a slip-and-fall incident at one of his properties where he was found guilty in court. Jared provides insights on the trajectory of the Southeast side and on putting emotion aside to deal with non-paying tenants. Jared closes by talking about his adventures in Michigan involving awesome short-term rentals and boat rentals! 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: Jared Kott, Marblestone Property Group Link: SUCI Ep 11 - Jared Kott Link: SUCI Ep 79 - Gary Davidson Link: 12 Week Year (Book Recommendation) ----------------- Guest Questions 02:00 Housing Provider Tip - Shop around for home insurance to get the best value. 04:02 Intro to our guest, Jared Kott. 07:03 Reflecting on a decade of experience! 14:22 Jared's recent slip-and-fall incident. 26:23 Trajectory of Chicago's Southeast Side! 42:34 Dealing with non-paying tenants. 48:50 Jared's Michigan adventures! 56:25 What is your competitive advantage? 56:55 One piece of advice for new investors. 57:22 What do you do for fun? 57:40 Good book, podcast, or self development activity that you would recommend? 58:17 Local Network Recommendation? 58:42 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.

Mar 21, 20241h 1m

Ep 283Episode 283: Container Homes: Innovative and Affordable Housing with Rory Rubin

Rory Rubin, founder of S.I. Container Builds, joins us to explain how her company's Container Homes is a high-quality solution to current housing affordability and inventory issues! Rory starts by explaining her background in social work and the process of starting up S.I. Container Builds! She breaks down specs and pricing of container homes illustrating the quality and affordability when compared to traditional home construction. Rory gives the 101 on the building process and overlooked considerations for modular home construction! Throughout the show, Rory hammers home the importance of doing good by others and delivering quality products that you can stand behind! 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: Rory Rubin, S.I. Container Builds | Email Rory Link: SUCI Ep 134 - Josh Braun Link: Larisa Drake (Network Referral) Link: Linsey Cohen (Network Referral) ----------------- Guest Questions 02:16 Housing Provider Tip - Get quotes early for best pricing on your spring projects! 04:18 Intro to our guest, Rory Rubin! 08:20 Getting funding for a startup. 15:26 SI Container Builds' clientele! 19:43 Common specs on container homes. 22:24 Container home pricing. 26:05 Considerations for building container homes in Chicago! 32:08 The building process. 39:25 The future of the container home industry. 43:08 What is your competitive advantage? 43:38 One piece of advice for new investors. 44:22 What do you do for fun? 44:48 Good book, podcast, or self development activity that you would recommend? 45:44 Local Network Recommendation? 46:28 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.

Mar 14, 202449 min

Ep 282Episode 282: Decoding the Final Walkthrough: A Comprehensive Guide for Buyers and Sellers

What should I expect on the final walk through from both the buyer and seller side? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chance Badertscher, Lavelle Law Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Mar 12, 202413 min

Ep 281Episode 281: One of the First Investors to Leverage The New 5% Down Lending Product on a Successful Househack With Brendon Heneks and Sarita Scherpereel

Brendon starts by sharing his buy box and how he was ready to pounce when he found the right property. Brendon and Sarita share great insights on how to jump at opportunities when the competition is fearful. Brendon explains worrisome moments and lessons learned during the purchase of his househack both before and after closing. Brendon breaks down the new 5% down lending product that everyone is talking about but few investors have actually utilized. This show is full of great tips for aspiring househackers and seasoned investors alike! 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: Brendon Heneks & Sarita Scherpereel, Fairway Independent Mortgage Link: SUCI Ep 238 - Mike Facchini Link: SUCI Ep 247 - Sarita Scherpereel Link: Millionaire Next Door (Book Recommendation) Link: Ken (Inspector Referral) ----------------- Guest Questions 03:20 Housing Provider Tip - Consider upgrading landscaping during the spring season. 04:36 Intro to our guests, Brendon Heneks and Sarita Scherpereel! 09:12 Brendon's househack search! 11:08 What to know about gift funds. 14:15 Brendon's buy box! 19:50 Opportunities in higher market time properties. 25:50 Mindset of buying in a higher interest market. 31:04 Worrisome moments while under contract! 39:36 Brendon's lessons learned after his first multi-unit purchase. 40:44 Outlook on Chicago. 45:11 What is your competitive advantage? 46:16 One piece of advice for new investors. 46:54 What do you do for fun? 47:13 Good book, podcast, or self development activity that you would recommend? 48:10 Local Network Recommendation? 49:10 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.

Mar 7, 202451 min

Ep 280Episode 280: Investing in Premier Chicago Neighborhoods as a Busy Professional with David Shifrin and Rob Sikkel

David Shifrin, the doctor of Motor Row, returns with his real estate agent Rob Sikkel to discuss how he's grown his portfolio with quality multifamily properties over the last 2 years! David starts by explaining his investing strategy and how he's acquired 5 multifamily buildings since his last appearance on SUCI! David and Rob dive into the details of how they built their buyer-agent relationship to propel their growth. The duo breaks down a homerun deal in Bucktown involving splitting a double lot and selling half of it! Golden nuggets are dropped on the West Town neighborhood and best "bang for your buck" renovation items. 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: David Shifrin & Rob Sikkel, Elite Chicago Properties and At Properties Link: SUCI Ep 48 - David Shifrin 1st Episode Link: Rob Sikkel (Realtor) Link: Jodi Dougherty (Network Referral) ----------------- Guest Questions 03:49 Housing Provider Tip - Ensure you're prepared for freezing and thawing cycles during the spring season. 05:17 Intro to our guests, David Shifrin and Rob Sikkel. 08:04 David's investing strategy! 09:45 Building a great buyer-agent relationship! 17:02 Double lot, homerun deal! 28:51 The property search process. 31:47 Breaking down West Town! 34:45 Insights on renovation! 37:30 Dealing with higher interest rates and tapping into equity. 40:44 Outlook on Chicago. 42:04 What is your competitive advantage? 42:58 One piece of advice for new investors. 44:34 What do you do for fun? 46:09 Good book, podcast, or self development activity that you would recommend? 47:02 Local Network Recommendation? 48:35 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.

Feb 29, 202452 min

Ep 279Episode 279: Best Practices For Tenant Move-Outs

What expectations should I establish for my tenants' move outs? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Karen Welch, Moovers Chicago Link: Build Your Team | Straight Up Chicago Investor Podcast ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Feb 27, 202414 min