
Straight Up Chicago Investor
456 episodes — Page 5 of 10

Ep 256Episode 256: Home Inspection Insights For Chicago Investors With Andrew Fox
Andrew kicks things off by discussing necessary skills to succeed as an entrepreneur in Real Estate. He talks about the value of a building inspection even if the property will be rehabbed. Andrew clears the air on the need for auxiliary inspections such as radon, asbestos, and sewer scopes. Andrew drops golden nuggets on questions that investors should be asking inspectors to mitigate their risk. The show is closed out with technological advances in the inspection industry that investors should be aware of! 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 Fox, BrickKicker Inspection Services Link: BrickKickerCommercial.com Link: The Game with Alex Hormozi Link: Good to Great (Book Recommendation) Link: Mathew Tarailo (Network Referral) ----------------- Guest Questions 02:58 Housing Provider Tip: Set up lock boxes for access during emergencies! 04:54 Intro to our guest, Andrew Fox! 09:41 Skills for Entrepreneurial Success. 14:02 BrickKicker's Model! 20:19 Inspecting properties that will be rehabbed. 25:47 Auxiliary Inspections. 33:03 Questions Investors should ask Inspectors. 35:23 Technology in the Inspection Industry! 43:06 Outlook on the Inspection Industry. 47:13 What is Andrew's competitive advantage? 47:33 One piece of advice for new investors. 48:00 What do you do for fun? 48:13 Good book, podcast, or self development activity that you would recommend? 48:43 Local Network Recommendation? 49:20 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 255Episode 255: Exploring Lending Options for Self-Employed Individuals with Eric Workman
What are my lending options if I do not have a W2? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman, Renovo Financial Link: Episode 19: Top 10 Mistakes We See From Chicago Investors - with Eric Workman of Renovo Financial (Part 2) ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 254Episode 254: Becoming a Straight Up Chicago Investor With Life Lessons From the Military with Edgar Barbosa
Edgar Barbosa is an investor and realtor with a focus on helping clients get into REI to start their wealth building journey! It's clear the Military is not for the weak, and Edgar speaks to the lessons learned during his time served along with how he applies those teachings to his current lifestyle and investments. He dives into his first househack in Cicero including how he decided on the investment type, price point, and location. The power of the VA loan is brought up and Edgar discusses his plan to strategically continue leveraging that benefit. Edgar discusses his second investment which was a condo in Fulton Market and gives his perspective on investing in an A+ location. A repeated theme of this episode is the importance of building good habits, being disciplined, and doing right by others to obtain success in real estate and life as a whole! 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: Edgar Barbosa, RE Investors Brokerage Link: SUCI Ep 245 - JD Modrak Link: Discipline is Destiny (Book Recommendation) Link: Edgar's Instagram ----------------- Guest Questions 02:50 Housing Provider Tip: Check appliances for roaches and other pests! 04:15 Intro to our guest, Edgar Barbosa! 07:43 Joining the military and lessons learned! 15:13 Life after the military and starting in real estate. 18:26 Edgar's first househack! 21:02 The Power of the VA Loan. 25:14 Edgar's second deal. 29:59 Renting to family and friends. 31:29 Fulton Market condo as an investment. 35:57 Edgar's search for a SFH rehab project. 38:52 Getting a Real Estate license. 42:16 What is Edgar's competitive advantage? 42:47 One piece of advice for new investors. 43:09 What do you do for fun? 43:18 Good book, podcast, or self development activity that you would recommend? 43:57 Local Network Recommendation? 44:25 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 253Episode 253: Purchasing 1,000 Chicagoland Properties Through Extensive Marketing with Jeff Nydegger
Jeff Nydegger has over 17 years of real estate experience including over 1,000 homes bought and repositioned in Chicagoland! Jeff jumps right in by sharing how skill sets built in the Military have served him in his REI ventures. He dives deep into his rough start in real estate including the mental resilience and grit it took to overcome the adversity! Jeff breaks down how Short Sales became a big part of his business during the last RE crash and shares some crazy short sale stories. To conclude our show, Jeff gets granular on the marketing efforts of a professional real estate investor to find deal flow in a low inventory 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: Jeff Nydegger, Kendall Partners and JeffBuysYourHouse.com (a division of Kendall Partners) Link: The 7 Habits of Highly Effective People (Book Recommendation) Link: Mastering the Rockefeller Habits (Book Recommendation) Link: Eric Workman (Network Referral) Link: SUCI Ep 79 - Gary Davidson (Network Referral) ----------------- Guest Questions 01:44 Housing Provider Tip: Network with wholesalers to maximize opportunities for deals! 02:54 Intro to our guest, Jeff Nydegger! 06:20 Skills from the Military translating to Real Estate! 08:18 Getting Jeff's real estate business off the ground. 17:46 Continuing the grind after a rough start. 27:38 Crazy Short Sale stories! 31:08 Pivoting to continue business growth. 41:24 Marketing and creating deal flow! 59:20 Jeff's outlook on his business and on the Chicago market! 60:27 What is Jeff's competitive advantage? 60:51 One piece of advice for new investors. 61:54 What do you do for fun? 62:18 Good book, podcast, or self development activity that you would recommend? 62:54 Local Network Recommendation? 64:24 How can the listeners learn more about you and provide value to you ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 252Episode 252: Conventional Financing vs DSCR Loans
What are the pros/cons between conventional financing and DSCR loans? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman, Renovo Financial Link: Episode 19: Top 10 Mistakes We See From Chicago Investors - with Eric Workman of Renovo Financial (Part 2) ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 251Episode 251: Powerful Networking and Property Management Insights with Bob Hansen
Bob is a successful realtor and investor with a focus on House Hacking to help her clients build investment portfolios! Bob kicks things off by talking about the power of networking and gives tips on developing networking skills. He discusses his vast experience working with property managers and housing providers along with insights on improving management efficiencies. Bob shares how his company Second Nature is helping property owners reduce their HVAC maintenance and expenses by facilitating air filter replacements! Throughout the show, Bob emphasizes the importance of networking and treating others right as keys to success in real estate and 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] Guest: Bob Hansen, Second Nature Link: Leadership Strategy and Tactics: Field Manual: Willink, Jocko ----------------- Guest Questions 03:02 Housing Provider Tip: Write Leases to place responsibility of Furnace Filter Replacement on your Tenants! 04:30 Intro to our guest, Bob Hansen! 10:59 Cultivating ability to network and its importance! 13:41 Networking tips for newbies and introverts. 15:52 Working for Home Partners of America. 26:05 Bob's transition into the Air Filter industry! 30:36 Bob's Air Filter program explained. 38:19 Other benefits of the Air Filter program. 43:05 New Initiatives and Products coming from Second Nature! 44:15 What is Bob's competitive advantage? 44:49 One piece of advice for new investors. 45:28 What do you do for fun? 46:41 Good book, podcast, or self development activity that you would recommend? 47:17 Local Network Recommendation? 48:00 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 250Episode 250: Unlocking Success by Establishing a Strong Focus in Chicago Real Estate with Jonathan Klemm
Chicago General Contractor and return guest Jonathan Klemm provides insight on successes and improvements made to his Business and Investments since his last appearance! Jonathan kicks things off with tremendous insights on Chicago construction including permits, renovations, new construction, and lessons learned. He discusses his recent acquisitions and shares how he sourced and stabilized those assets. He then jumps into turning down opportunities to focus on more important aspects of his business; learning to say "no" to opportunities can be extremely powerful! Jonathan emphasizes the importance of taking action, cultivating strong focus, and transparency to take your business to the next level! 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: Jonathan Klemm, Quality Builders Link: Quality Builders' Instagram Link: Tom Moore (Zoning Attorney Referral) Link: The Power of Now (Book Recommendation) Link: Think Like a Monk (Book Recommendation) ----------------- Guest Questions 02:18 Housing Provider Tip: Be aware of wiring best practices and scams! 04:37 Intro to our guest, Jonathan Klemm! 06:52 Jonathan's messy flip project. 09:01 When are building permits required? 14:29 Dealing with Asbestos. 19:14 Getting into ground up construction! 24:38 Jonathan's 1031 exchange and establishing a focus. 29:10 Getting into a 19-unit building. 32:03 Transitioning into a 26-unit building! 35:20 Focusing on Quality Builders (Jonathan's business)! 44:50 5-Year outlook on Quality Builders and the City of Chicago! 48:18 What is Jonathan's competitive advantage? 48:58 One piece of advice for new investors. 49:58 What do you do for fun? 50:35 Good book, podcast, or self development activity that you would recommend? 51:21 Local Network Recommendation? 51:51 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 249Episode 249: Fannie Mae's Departure From Needing 25% Down on 2-4 Units
What are the new changes to owner-occupied conventional lending and how can Chicago investors take advantage of them? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chris Puleo, Puleo Group Link: Episode 130: Chicago Mortgage Lending in this Inflationary Environment with Chris Puleo ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 248Episode 248: Early Investing Pitfalls and Tremendous Lessons Learned in Chicago's South Suburbs with Alex Fenske
Alex shares how he got interested in real estate investing and bought into "guru" advice which did NOT serve him well! He dives deep into the compounding mistakes he made as a new investor including lack of focus and education and working with an inexperienced team. Alex discusses raising and losing private capital which lead to intense stress, difficult conversations, and severed relationships with friends and family. The silver lining is that Alex provides great lessons learned, advice, and closes with how he's rebounded and built a nice investment portfolio! His story is proof of the importance of getting educated and building a team to minimize risk in REI! 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 Fenske, KW Chicago Southland Homes Link: Atomic Habits (Book Recommendation) Link: Gary Davidson (SUCI Ep 79) ----------------- Guest Questions 02:52 Housing Provider Tip: Be cautious of potential damage caused by hydro-jetting sewer lines? 05:00 Intro to our guest, Alex Fenske! 08:02 Alex's real estate journey since starting in 2000. 20:25 Early acquisitions pre-crash! 26:55 Mindset to continue after early failures. 33:25 Rebounding from failures and getting licensed! 42:34 Alex's current investment areas of focus. 51:40 5-Year outlook on the south suburbs. 53:08 What is Alex's competitive advantage? 54:10 One piece of advice for new investors. 56:12 What do you do for fun? 56:42 Good book, podcast, or self development activity that you would recommend? 57:14 Local Network Recommendation? 58:34 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 247Episode 247: Strategic House Hacking in Chicago's West Town Neighborhood with Sarita Scherpereel
Sarita Scherpereel is a successful realtor and investor with a focus on House Hacking to help her clients build investment portfolios! Sarita jumps right in by sharing how she got started in real estate, built her business, and chose House Hacking as an area of focus. She shares tremendous value on how to analyze House Hacks and debunks several myths commonly associated with this strategy. Sarita discusses acquisitions utilizing multiple strategies including short-term, mid-term, and long-term rentals; all within the same property! Throughout the show, Sarita emphasizes the importance of surrounding yourself with a great team to do the first deal right and set yourself up 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] Guests: Sarita Scherpereel, Kale Realty Link: Sarita's Instagram Link: SUCI Ep 238 - Mike Facchini Link: First Ascent Climbing & Fitness Link: The Power of Now (Book Recommendation) ----------------- Guest Questions 04:56 Housing Provider Tip: Keep up with HVAC system servicing as preventative maintenance! 07:13 Intro to our guest, Sarita Scherpereel! 08:38 Sarita's start in real estate. 16:13 Choosing House Hacking as a niche! 23:57 Best activities for new Realtors to build their business! 28:33 Debunking the myths of House Hacking! 33:10 Mid-Term Rentals and Furnished Finder! 40:38 House Hacking in West Town. 45:28 Outlook on West Town. 48:25 What is Sarita's competitive advantage? 49:41 One piece of advice for new investors. 50:08 What do you do for fun? 50:55 Good book, podcast, or self development activity that you would recommend? 52:41 Local Network Recommendation? 54:09 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 246Episode 246: How to Get Reimbursed For Damages From Recent Chicago Flooding
How can I get reimbursed for damages that occurred to my property from the recent Chicago floods? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Jason Wagner, Greystone Realty Link: DisasterAssistance.gov Link: Disaster Loan Assistance Link: SUCI Episode 224: Expert Insights On Chicago's Northwest Side with Jason Wagner ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 245Episode 245: Insights to Successful Short-Term Rental Investments with JD Modrak
JD shares his real estate beginnings, including his purchase of a multi-family building with a VA loan. He dives into Short-Term Rentals (STRs) including income, expenses, and how those compare to traditional rentals. JD gets granular on STR pricing, occupancy, turn-over costs, and optimizing profitability. He drops golden nuggets on common mistakes investors make in STR investing and how you can avoid those! This show is packed with jewels of wisdom for anyone interested in STR investing! 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: JD Modrak, Kasa Link: Andrew Dorazio (Network Referral) Link: Our Team | BCG Real Estate Group ----------------- Guest Questions 02:09 Housing Provider Tip: Have an HVAC contractor for emergency repairs during extreme weather! 04:22 Intro to our guest, JD Modrak! 05:22 JD's start with Short-Term Rentals (STRs)! 08:21 STR Expenses and Net Income. 13:23 STR expectation changes over the years. 18:04 Pricing STRs! 23:19 The Perfect Check-In. 25:17 Identifying good STR markets. 30:22 Mid-Term Rentals (MTRs)! 36:14 Financing STRs and MTRs! 43:24 Taxes on STRs. 47:08 What is JD's competitive advantage? 47:52 One piece of advice for new investors. 50:15 What do you do for fun? 50:43 Good book, podcast, or self development activity that you would recommend? 51:00 Local Network Recommendation? 51:48 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 244Episode 244: Real Estate Tax Advantages, Short Term Rentals, and Branding, With Ryan Bakke
Ryan Bakke is a CPA, real estate investor, and coach who is helping others build wealth via real estate and tax strategy! Ryan starts by explaining the value a Tax Strategist brings and common mistakes on tax returns. He dives into the power of short-term rentals (STRs), their tax advantages, and how to underwrite STR investments. Ryan shares his philosophy and tips for building a client base and following that have led him to a thriving business! Throughout the show, Ryan hammers home the importance of being a go-giver and delegating tasks to best use your time! 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: Ryan Bakke Link: The LearnLikeaCPA Show Link: $100M Offers (Book Recommendation) Link: The Game (Podcast Recommendation) Link: Muscle for Life Podcast ----------------- Guest Questions 02:56 Housing Provider Tip: Be ready to recognize and act on a good deal! 04:58 Intro to our guest, Ryan Bakke! 05:29 Tax Preparer vs. Tax Strategist 09:14 Common Tax Returns Mistakes. 10:35 Tax Insights on Short-Term Rentals (STRs)! 17:27 Short-Term Rentals in Chicagoland. 19:21 Automating STRs! 24:58 Underwriting STRs! 31:06 Ryan's approach to building a following! 46:29 Ryan's next 5 years! 50:34 What is Ryan's competitive advantage? 51:16 One piece of advice for new investors. 52:34 What do you do for fun? 53:18 Good book, podcast, or self development activity that you would recommend? 54:20 Local Network Recommendation? 54:55 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 243Episode 243: A New Chicago Lending Option to Assist With Rehab Funding
What is this new lending option that could finance my rehab funds? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Perry Farella, First Community Mortgage ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 242Episode 242: From Rookie Status to Seasoned House Hacker, Flipper, and BRRRR Conductor on Chicago's Northwest Side with Manny Escarpita
Manny Escarpita is a young Chicago Real Estate Investor and Licensed General Contractor who has built up an impressive real estate portfolio since starting in 2019! Manny leads by explaining the hungry mindset he cultivated when starting in real estate and the lessons learned on his first deal. After discussing his first couple house hacks, he breaks down a successful BRRRR project that ultimately motivated him to quit his job to pursue real estate investing full time! He dives deep into hard money lending, estimating rehabs, and generating deal flow for his flipping business. Throughout the show, Manny emphasizes the importance of taking action despite fear and attributes his success to his ability to do just 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: Manny Escarpita Link: SUCI Ep 196 - John Warren Link: SUCI Ep 229 - Hernandez Roofing Link: George LaGuardia - A and N Mortgage Link: Raising Private Capital (Book Recommendation) ----------------- Guest Questions 02:52 Housing Provider Tip: Understand insurance policy coverage as it relates to water damage in basement units! 04:30 Intro to our guest, Manny Escarpita! 05:51 Hungry mindset of a new investor. 13:12 Manny's journey after his first deal! 17:42 Dealing with hard money loans. 24:26 Manny's next deal in West Logan! 28:30 Manny's transition to General Contracting and Flipping! 30:33 Advice for new flippers. 34:25 Manny's long term goals. 39:11 Estimating rehabs. 41:06 What is Manny's competitive advantage? 41:40 One piece of advice for new investors. 42:28 What do you do for fun? 42:55 Good book, podcast, or self development activity that you would recommend? 43:12 Local Network Recommendation? 43:46 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 241Episode 241: Game-Changing Appraisal Insights with Steve Zidek
Steve Zidek has nearly two decades of real estate experience as a broker and appraiser! Steve kicks off with how he got into the appraising business and breaks down the appraisal process! He gets granular on adjustments that may or may not be considered and speaks to the "art" components of an appraisal. Steve discusses how income factors into residential appraisals and even throws in a crazy appraisal story! This show is loaded with golden nuggets that will help set you up for success during your next appraisal! 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: Steve Zidek, Keller Williams Inspire Realty Link: Steve's Facebook Link: Tom Ferry Podcast Link: Conspiracy (Book Recommendation) Link: Melissa Steuart (Network Referral) ----------------- Guest Questions 02:45 Housing Provider Tip: Prepare for appraisals to maximize value! 04:05 Intro to our guest, Steve Zidek! 07:36 How did Steve get into appraising? 15:48 Breaking down the appraisal process! 21:33 Quantifying pieces of a property to arrive at a value. 27:53 Contesting appraisals. 36:22 Considering unofficial neighborhood boundaries and expanding criteria when valuing properties. 41:08 Crazy appraisal stories! 43:11 Importance of rents on 2-4 unit property appraisals. 48:00 What is Steve's competitive advantage? 48:50 One piece of advice for new investors. 49:32 What do you do for fun? 50:01 Good book, podcast, or self development activity that you would recommend? 51:08 Local Network Recommendation? 52:14 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 240Episode 240: What is Going On In the Chicago Multifamily Market?
What is Going On In the Chicago Multifamily Market? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Jordan Gottlieb, Essex Realty Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 239Episode 239: Cook County's New Program To Reduce Your Assessed Value and Maximize Profitability with Cook County Assessor Fritz Kaegi and CIC's Stacie Young
Assessor Kaegi and Stacie Young explain how the Assessor's Office and CIC created a program to incentivize affordable housing providers! To kick things off, Assessor Kaegi explains how properties are assessed in Illinois and Stacie shares the history of the Class 9 Program. They then break down the Affordable Housing Special Assessment Program including how it works, the increased profits for participating housing providers, and the qualification requirements. Our guests share numerous ways to learn more about the program and how the Assessor's Office and CIC can be a valuable resource for housing providers. Immense value is packed into this episode with insights that can potentially decrease property taxes and maximize profitability! 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: Assessor Fritz Kaegi & CIC President Stacie Young, Cook County Assessor's Office & Community Investment Corporation (CIC) Link: Assessor's Affordable Housing Programs Webpage Link: Assessor's Affordable Housing Email for Questions Link: Erik Harmon - Assessor's Director of Commercial Outreach Link: John McDonnell - Assessor's Director of Multifamily Development Link: CIC Team Link: The Power Broker (Book Recommendation) Link: The Whalebone Theatre (Book Recommendation) Link: SUCI Ep 151 - Assessor Kaegi Link: SUCI Ep 94 - Stacie Young ----------------- Guest Questions 03:10 Housing Provider Tip: Don't forget to appeal your property taxes! 05:09 Intro to our guests, Assessor Fritz Kaegi and Stacie Young! 05:47 How are properties assessed for tax purposes in Cook County and Illinois? 09:22 History of the Class 9 Program! 15:00 Who can benefit from the Affordable Housing Special Assessment Program? 21:58 Requirements and process to qualify for the program. 33:19 Interest levels in the program. 36:41 How to stay in compliance once in the program? 39:35 What's next for CIC and the Assessor's Office? 43:56 What is Assessor Kaegi's and Stacie's competitive advantage? 46:31 One piece of advice for new investors. 49:31 What do you do for fun? 50:24 Good book, podcast, or self development activity that you would recommend? 52:04 Local Network Recommendation? 54:33 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 238Episode 238: Dissecting 20 Years of Real Estate and Lending Experience; Mike Facchini's Journey to a Thriving Portfolio in Chicago
Mike Facchini of Fairway Mortgage is a Mortgage Lender and Investor with over 20 years of real estate experience! Mike starts with insights on the real estate environment leading up to the Housing Crash and compares it to today's market! He drops golden nuggets on indicators by the lending industry that precede and foreshadow what is to come in the economy. Mike shares his investment strategy and his geographical areas of focus centered around neighborhoods with high quality properties and tenants! Throughout the show, Mike emphasizes the importance of getting in the game and time being your biggest asset when it comes to real estate investing and building wealth! 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: Mike Facchini, Fairway Mortgage ----------------- Guest Questions 04:29 Keep up with property maintenance to avoid negative attention! 06:38 Intro to our guest, Mike Facchini! 09:22 Real Estate before and leading up to the Housing Crash! 16:05 Mike's experience with bridge loans. 17:39 Tenant horror stories! 22:33 Lending environment now vs pre-crash. 24:43 Mike's investment strategy! 27:18 Neighborhoods Mike is focusing on! 36:36 Talking New Construction. 44:31 Financing options to create opportunities. 54:13 What is Mike's competitive advantage? 54:48 One piece of advice for new investors. 56:02 What do you do for fun? 56:25 Good book, podcast, or self development activity that you would recommend? 57:00 Local Network Recommendation? 57:54 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 237Episode 237: Mastering the Maze: 5 Savvy Tactics to Conquer the High-Interest rate, Low-Inventory Real Estate Market with Perry Farella
How do you navigate a low inventory & higher interest rate environment? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Perry Farella, First Community Mortgage ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 236Episode 236: Grinding and Unlocking Success in Chicago's West Town Neighborhood with Alex Morsch
Alex Morsch of Peak Realty is a Commercial Broker and Investor with vast experience in repositioning assets in West Town. Alex starts by discussing the grind of being a leasing agent and transitioning to brokering real estate! He lays out his experience walking 100 buildings prior to making his first purchase and the valuable lessons gained through that process. Alex breaks down how his "nose to the ground" approach to investment property acquisition has allowed him to add immense value to his clients and succeed as a broker. He also drops wisdom on house hacking, the West Town neighborhood, and creating opportunities in a tight inventory market. Alex closes with a bullish 5 year outlook on Chicago Real Estate! 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 Morsch, Peak Realty Link: Alex's Instagram Link: Rich Anselmo (Network Referral) ----------------- Guest Questions 02:24 Housing Provider Tip: Check the faucet aerator when troubleshooting low water pressure! 03:56 Intro to our guest, Alex Morsch! 07:33 The grind of being a leasing agent. 12:52 Transitioning from leasing to a commercial broker! 16:30 Walking properties to gain experience. 26:38 Alex's first investment! 37:57 The reality of House Hacking. 42:25 Breaking down the West Town neighborhood! 49:10 Finding deals and creating opportunities. 54:27 Alex's 5 year outlook on Chicago Real Estate! 55:18 What is Alex's competitive advantage? 55:35 One piece of advice for new investors. 55:53 What do you do for fun? 56:12 Good book, podcast, or self development activity that you would recommend? 57:05 Local Network Recommendation? 57:35 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 235Episode 235: Exploring Portage Park; An Interview With Special Guest and Straight Up Chicago Investor Podcast Co-Host Tom Shallcross
Mark is flying solo as co-host this week as he interviews a very special guest; flipper, investor, and fellow SUCI podcast co-host Tom Shallcross! Mark takes a different spin to start the show by asking Tom about his childhood and upbringing in Portage Park! Tom talks about the differences between Jefferson and Portage Park. Tom breaks down Portage Park at a street-level including the lesser and more desirable pockets, rents and property values, and schools in the neighborhood! To close the show, Tom shares powerful words on committing to succeeding in real estate and encourages listeners to leverage all the SUCI resources that he and Mark have put out! 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: Tom Shallcross, Straight Up Chicago Investor Link: The Road Less Stupid (Book Recommendation) Link: The Ruthless Elimination of Hurry (Book Recommendation) Link: Chicago's ADU Ordinance - What Investors Need to Know ----------------- Guest Questions 01:00 Housing Provider Tip: Ensure you're adding sewer backup to your insurance policy. 02:51 Intro to our guest, Tom Shallcross! 04:02 What was young Tom like? 10:58 Portage Park vs Jefferson Park. 12:01 Breaking down Portage Park! 21:04 The original Six Corners! 28:14 Schools in Portage Park. 29:40 Tom's investment strategy. 35:32 Price points in Portage Park. 37:42 Opportunities for Additional Dwelling Units (ADUs)! 41:53 Rent Values in Portage Park. 49:29 What is Tom's competitive advantage? 50:07 One piece of advice for new investors. 50:16 What do you do for fun? 51:40 Good book, podcast, or self development activity that you would recommend? 53:01 Local Network Recommendation? 53:51 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 234Episode 234: How To Get Deals Done in Today's Environment
What are successful investors doing to make deals happen in the current investor? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Eric Workman, Renovo Financial Sponsors: Renovo Financial Link: SUCI Episode #19 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 233Episode 233: Navigating Chicago's North Side: Insights from Commercial Real Estate Expert Alan Goldberg
Introduction: Meet Alan Goldberg, a titan in the Chicago real estate scene, with a career spanning decades. Alan's journey began in the late 70s when he made his very first deal in the world of real estate. Prospecting and Generating Business: Alan sheds light on his early days and discusses the importance of prospecting to drive business growth. Learn how Alan's proactive approach to seeking out potential clients and opportunities helped him build a successful real estate career. Tackling Tough Real Estate Market Cycles: Over the years, Alan has weathered through various market cycles and shares his insights on the toughest ones in the last 50 years. Discover how he navigated through challenging times and the lessons learned from overcoming difficult markets. Transformations in Rogers Park, Uptown, and Surrounding Neighborhoods: Alan takes a deep dive into the history of neighborhoods like Rogers Park, Uptown, and more, shedding light on their significant transformations over the years. Gain valuable insights into the potential for investment in these evolving areas. A Bullish Outlook on the Future: Looking ahead, Alan shares his optimistic outlook for the commercial real estate market in Chicago's North Side. Learn about the factors driving this bullish sentiment and the opportunities that lie ahead. The Power of Real Estate as an Investment Vehicle: Throughout the episode, Alan emphasizes the potency of real estate as an investment vehicle. Gain valuable knowledge on how real estate can build wealth over time and why it remains a compelling option for investors. Time Is Your Biggest Asset: Alan hammers home the importance of patience and strategic decision-making in real estate investing. Explore why "time is your biggest asset" and how to harness it to maximize your real estate investments. Conclusion: We'd like to extend our heartfelt thanks to Alan Goldberg for sharing his invaluable experiences and insights with us today. Don't forget to subscribe to Real Estate Uncovered for more episodes featuring experts and thought leaders in the real estate industry. 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: Alan Goldberg, Alan Goldberg Real Estate LLC Link: NBOA / Mike Glasser (Network Referral) Link: Glenwood Ave Arts Fest Link: Rogers Park Builders Group ----------------- Guest Questions 02:30 Housing Provider Tip: Ensure you're getting warranty and all issues fixed when buying new construction. 04:33 Intro to our guest, Alan Goldberg! 06:26 Alan's start in real estate! 10:09 Alan talks about his first deal! 21:03 How did Alan establish his area of focus? 25:01 Areas that have drastically improved since the 70s. 27:12 What were rehabs like in the 70s? 33:30 Toughest stretch in real estate since the 70s! 36:37 Adjusting in a tough market. 48:27 Did Alan ever question being a real estate agent? 50:55 Outlook on Rogers Park, Uptown, and surrounding Neighborhoods. 52:56 What is Alan's competitive advantage? 54:02 One piece of advice for new investors. 54:20 What do you do for fun? 56:25 Good book, podcast, or self development activity that you would recommend? 57:24 Local Network Recommendation? 57:47 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 232Episode 232: Chicago Real Estate in the 1970s vs 2020s with Veteran Broker Jerry Ettinger
Jerry Ettinger of Ettinger Realty joins us to share jewels of wisdom accumulated over roughly 50 years in the real estate industry! Jerry kicks off with how he transitioned from being a teacher to real estate agent back in the 70s! He talks about Rogers Park and other North Side Neighborhoods and how they have changed over the years. Jerry shifts south and talks about his investments in Hyde Park! Jerry closes with neighborhoods he believes are primed for growth and emphasizes the power of buy and hold real estate; particularly impactful coming from a true real estate veteran! 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: Jerry Ettinger, Ettinger Realty Link: Build (Book Recommendation) Link: Powerhouse Principles (Book Recommendation) Link: NBOA / Mike Glasser (Network Referral) Link: Albany Bank (Network Referral) ----------------- Guest Questions 02:28 Housing Provider Tip: Ensure common area windows have screens to protect all parties! 04:15 Intro to our guest, Jerry Ettinger! 05:00 Jerry's start in real estate! 10:51 Commercial real estate in the 70s! 15:04 Rogers Park back in the 70s and 80s! 19:31 Looking back at other north side neighborhoods. 27:14 Being a Housing Provider: Then vs Now! 28:42 Jerry's advice to young investors! 31:06 How did Jerry end up investing in Hyde Park! 35:33 Chicago Neighborhoods that Jerry is bullish on! 37:00 What is Jerry's competitive advantage? 37:20 One piece of advice for new investors. 37:44 What do you do for fun? 39:01 Good book, podcast, or self development activity that you would recommend? 40:09 Local Network Recommendation? 40:56 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 231Episode 231: Proactive Maintenance Techniques for Brick Buildings
What proactive maintenance should I be doing to my building? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guests: Les O'Hara, North Shore Brickwork Sponsors: North Shore Brickwork ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 230Episode 230: How Interning for Brandon Turner Helped BrightInvestor's Co-Founder Drew McCluskey Revolutionize Market Research
Drew McCluskey is an active real estate investor, previous intern of BiggerPockets' Brandon Turner, and Co-Founder of BrightInvestor; a data visualization software helping investors streamline market research! Drew leads off with a horror story on his first deal; a rehab on a 4-unit building! He jumps into how he leveraged the opportunity to meet and provide value to Brandon Turner which led to an internship under the BiggerPockets legend. Drew discusses the creation and power of BrightInvestor; a data software that allows real estate investors to pull building permit info, crime stats, and other data to identify emerging markets! This episode is proof that taking action and providing value to others opens tremendous opportunities that can be life changing! 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: Drew McCluskey, BrightInvestor Link: Drew's Instagram Link: Tyler Madden Instagram (Network Referral) Link: Zosia Madden Instagram (Network Referral) Link: Rejection Proof (Book Recommendation) ----------------- Guest Questions 03:53 Housing Provider Tip: Understand risks with accepting credit cards for rent payments! 06:41 Intro to our guest, Drew McCluskey! 07:22 Drew's start in real estate! 15:02 Bouncing back from a rough start in real estate. 19:27 Exchanging value with BiggerPockets' Brandon Turner! 26:08 Drew's internship under Brandon Turner! 34:44 The development of BrightInvestor! 43:46 Value that BrightInvestor brings to local investors. 48:30 What is Drew's competitive advantage? 49:03 One piece of advice for new investors. 49:51 What do you do for fun? 50:20 Good book, podcast, or self development activity that you would recommend? 51:10 Local Network Recommendation? 51:55 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 229Episode 229: From Roofing to Real Estate: Ivan and Jackie Hernandez's Journey to Success in Chicago's Southwest Side
Ivan and Jackie Hernandez discuss their journey from a thriving roofing business to a real estate portfolio on Chicago's Southwest side! Ivan and Jackie lead off with their start in the entrepreneurial realm and how they started their roofing business. They discuss starting their real estate investing in Englewood and expanding further west into Gage Park, Brighton Park, and Marquette Park. They dive deep into screening tenants, scaling, and lessons learned during their investing journey. Ivan and Jackie with powerful words on the Southwest Housing Provider's Group and their mission to be a resource to investors in the area! 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: Ivan and Jackie Hernandez of Roofing by Hernandez & Southwest Housing Provider's Group Link: SUCI Ep 171 - Sonia Del Real Link: Everything Is Figureoutable (Book Recommendation) Link: Crushing It in Apartments and Commercial Real Estate (Book Recommendation) Link: Joe Kroc with FNBC Bank (Network Referral) Link: Roofing By Hernandez (Facebook Page) ----------------- Guest Questions 03:30 Housing Provider Tip: Ensure sewer lines and drains are clear! 04:34 Intro to our guests, Ivan and Jackie! 09:21 Starting a roofing business and other entrepreneurial ideas! 13:30 Early struggles in the roofing business. 17:09 Discussing the first rehab in Englewood! 23:12 Choosing the neighborhood(s) to invest in. 27:47 Lessons learned the hard way in C/D class neighborhoods! 31:02 Automating and creating systems. 32:54 Tenant screening in C/D class neighborhoods! 37:37 Discussing the Southwest Housing Provider's Group. 49:54 What is Ivan's and Jackie's competitive advantage? 50:09 One piece of advice for new investors. 51:16 What do you do for fun? 51:48 Good book, podcast, or self development activity that you would recommend? 52:36 Local Network Recommendation? 53:33 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 228Episode 228: The Chicago Guide to Evaluating Brick Buildings
How do I know if my building is in need of masonry work? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Les O'Hara, North Shore Brickwork Sponsors: North Shore Brickwork ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 227Episode 227: Unlocking Success As a Top-Producing Realtor and Expert in Wheaton with Michael Thornton
Michael Thorton of Compass leads a top producing real estate team serving Wheaton and surrounding Chicago suburbs! Michael kicks things off with a topic many of us have likely considered; leaving a W2 job to become an entrepreneur and start a business! He explains the challenges of getting the ball rolling and identifies low-hanging fruit that new agents can target to jump start their business. Michael explains how new investors can bring value to seasoned investors for potential partnership opportunities. As a Wheaton real estate expert, he speaks to the financial returns and offerings Wheaton can provide to investors! Throughout the show, Michael emphasizes the importance of truely having clients' and other people's best interest to build lasting relationships that will explode your 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: Michael Thornton, Compass - The Michael Thornton Team Link: Michael's Instagram Link: Codie Sanchez (Self-Development Recommendation) Link: James Clear Newsletter ----------------- Guest Questions 04:08 Housing Provider Tip: Non-paying tenants will come back to units if they have valuables there; facilitate access to prevent break ins! 05:27 Intro to our guest, Michael Thornton! 10:22 Getting bit by the entrepreneurial bug. 13:24 How to start building a real estate business? 24:52 How to partner on a deal? 32:11 The future of real estate brokers. 35:16 Investing in Wheaton! 40:17 Michael's real estate team! 42:08 What is Michael's competitive advantage? 42:52 One piece of advice for new investors. 43:06 What do you do for fun? 43:30 Good book, podcast, or self-development activity that you would recommend? 44:20 Local Network Recommendation? 44:56 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 226Episode 226: Unlocking Off-Market Deals Using Rescover's Analysis Platform for Maximum ROI with Ben Smith and Kristen Lopez
Ben Smith and Kristen Lopez break down how Rescover's All-in-One Analysis Platform can be your competitive edge to find off-market deals and maximize your ROI! Ben and Kristen lead off with the basics and low-hanging fruit investors must be aware of when planning an off-market property campaign. They discuss the power of leveraging resources; from utilizing Rescover and skip tracing to implementing "Who, Not How". They dive deep into cold calling and tracking off-market leads to increase your success rate. Throughout the show, Ben and Kristen share valuable insight on the mindset and approach required to get you your next Off-Market Deal! 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: Ben Smith and Kristen Lopez of Rescover Link: Buy Your Time Back (Book Recommendation) Link: SUCI Ep 195 - Victoria Barkate Link: Ryan Holiday Books Link: zInspector Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Guest Questions 02:39 Housing Provider Tip: Ensure you have a registered agent as a point of contact in your LLC! 03:35 Intro to our guests, Ben Smith and Kristen Lopez! 13:20 Low Hanging Fruit to start prospecting! 17:13 Implementing "Who, Not How"! 22:35 What is skip tracing? 30:12 Approaches to cold calling. 39:11 Tracking off-market leads. 41:50 What is Rescover? 47:34 What is Ben's and Kristen's competitive advantage? 48:37 One piece of advice for new investors. 49:18 What do you do for fun? 49:48 Good book, podcast, or self-development activity that you would recommend? 50:40 Local Network Recommendation? 51:02 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 225Episode 225: A Dive Into Current and Future Interest Rates with Chris Puleo
What will interest rates do over the next 6-12 months? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chris Puleo, Puleo Group Link: Episode 130: Chicago Mortgage Lending in this Inflationary Environment with Chris Puleo Sponsors: Puleo Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 224Episode 224: Expert Insights On Chicago's Northwest Side with Jason Wagner
Jason Wagner is the Managing Broker of Greystone Realty; a brokerage where every agent is also an investor. If you don't already know, Jason is a huge proponent of 75 Hard, and he explains the program and the amazing impact it's had on his life! He breaks down how he started and continues to invest in Portage Park and Jefferson Park. Jason dives deep into the housing supply shortage, recent trends in inventory, and projects what could be on the horizon. Jason closes by discussing Greystone Realty and the Wagner Report and how they are adding huge value to Chicago Real Estate 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: Jason Wagner, Greystone Realty Link: Jason's Instagram Link: Traction (Book Recommendation) Link: SUCI Ep 43 - RJ and Nicky De Leon Link: SUCI Ep 82 - Property People Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Guest Questions 03:52 Housing Provider Tip: End leases at noon, instead of midnight, to allow time for turnover! 05:11 Intro to our guest, Jason Wagner! 06:33 Jason explains 75 Hard! 11:05 Jason breaks down investing in Portage and Jefferson Park! 20:00 Discussing months of supply and the supply shortage over the last few years. 31:12 What drew Jason to Belmont Cragin? 36:18 Valuation of 2-4 units vs 5+ units. 40:24 Concept of an investment-minded brokerage! 45:14 How did Jason develop the Wagner Report? 47:00 What is Jason's competitive advantage? 47:22 One piece of advice for new investors. 48:34 What do you do for fun? 49:49 Good book, podcast, or self-development activity that you would recommend? 50:46 Local Network Recommendation? 52:25 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 223Episode 223: From New York to the Windy City - Curtis Lefebvre's Real Estate Journey and Success in East Garfield Park
Curtis Lefebvre shares why he left New York for the Windy City to start investing in Real Estate! Curtis jumps right in by getting granular on acquiring and stabilizing his first househack in East Garfield Park. He discusses everything from dealing with problem tenants to DYI'ing renovations. He dives into the numbers of his killer househack which allows him to not only live for free, but also cash flow while living there! Curtis defines the borders of the neighborhood, and with Mark's input, talks about the differences between East and West Garfield Park. Curtis justifies betting big on East Garfield Park by sharing his bullish outlook on the neighborhood! 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: Curtis Lefebvre | E-mail Link: Brian Lindstrom (Lender Referral) Link: SUCI Ep 195 - Victoria Barkate Sponsors: Build Your Team and NEGC Remodeling ----------------- Guest Questions 03:02 Housing Provider Tip: Processes to prevent loss of lock keys and codes! 04:21 Intro to our guest, Curtis Lefebvre! 07:03 How did Curtis decide on which Chicago neighborhoods to invest in? 11:48 Curtis' experience acquiring his first rental property in Chicago! 21:39 Dealing with problem tenants. 25:30 DYI'ing renovations on the first property! 32:39 Curtis' bullish outlook on East Garfield Park! 36:04 Borders of East Garfield Park and Going West of the Park! 39:03 What is Curtis' competitive advantage? 39:28 One piece of advice for new investors. 39:40 What do you do for fun? 40:13 Good book, podcast, or self-development activity that you would recommend? 40:36 Local Network Recommendation? 41:17 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 222Episode 222: Essential Insights - 5 Must-Address Items in Your Attorney Review Letter - Expert Advice with Chance Badertscher from Lavelle Law"
What Are Five Items Every Investor Should Address in Their Attorney Review Letter? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chance Badertscher, Lavelle Law Sponsors: Lavelle Law ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 221Episode 221: Unveiling Real Estate Market Insights - The Mad Scientist of Multifamily, Neal Bawa, Shares Data Trends and Future Outlook!
The Mad Scientist of Multifamily, Neal Bawa, returns to the show to share the latest data trends and his outlook on the Real Estate market! Neal jumps right in by summarizing changes in the real estate market over the last 18 months. He explains how his underwriting has changed as a result of market conditions. Neal gives a warning to those investing in office-space and talks about the challenges of converting office-space to residential. Neal concludes by telling us why he's putting his money into Build-to-Rent townhomes, the "next evolution of the Single Family Home!" 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: Neal Bawa, Grocapitus Link: SUCI Ep 26 - Neal's 1st Episode Link: SUCI Ep 110 - Neal's 2nd Episode Link: Grocapitus Website Link: Multifamily University Webinars | Free eBook: Location Magic | Join Our Investor Club Sponsors: North Shore Brickwork and Essex Realty Group ----------------- Guest Questions 02:32 Housing Provider Tip: Don't forget to set time aside daily for personal growth! 04:04 Intro to our guest, Neal Bawa! 04:52 What has happened in the real estate market over the last 18 months? 14:32 Discussing previous high-inflation periods! 23:45 How has Neal's underwriting changed given the market conditions? 29:28 Is it worth putting more money down to increase cash flow? 34:48 The future of office space! 43:18 Why Neal is bullish on Build-to-Rent! 52:22 Neal's revised outlook on tokenization. 54:24 What is Neal's competitive advantage? 54:56 One piece of advice for new investors. 55:54 What do you do for fun? 56:15 Good book, podcast, or self-development activity that you would recommend? 57:24 Local Network Recommendation? 57:49 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 220Episode 220: A Seasoned Investor's Journey in Chicago Real Estate - Insights, Strategies, and Neighborhood Outlook with Baris Yuksel
Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Baris Yuksel, Supreme Capital Link: Multifamily Insights Podcast Link: Baris' LinkedIn Link: John Warren SUCI Ep 196 (Network Referral) Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Guest Questions 03:25 Housing Provider Tip: Understand Gross vs Net Income when screening tenants! 05:16 Intro to our guest, Baris 10:20 Why did Boris start with a mixed-use building? 19:31 Establishing a Geographical Focus and Finding Capital to Scale! 22:11 Self-Managing a Growing Portfolio. 31:39 Discussion on different Chicago neighborhoods! 37:15 Baris' outlook on Chicago Real Estate! 40:22 What is Baris' competitive advantage? 40:45 One piece of advice for new investors. 41:19 What do you do for fun? 41:37 Good book, podcast, or self-development activity that you would recommend? 42:08 Local Network Recommendation? 42:52 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 219Episode 219: The Focus of Chicago's NBOA in 2023 and Why Housing Providers Should Take Notice
What's new with the NBOA and how can the NBOA assist small-mid size housing providers? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Michael Glasser, NBOA Link: EUBA Chicago Facebook Link: South Side Community Investors Association Facebook Link: https://lreic.org/ Link: https://lincolnparkbuilders.com/ Link: https://www.rpbg.org/ Link: https://www.chicagonsbc.com/ Link: https://www.southsidebuilderschicago.com/ Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 218Episode 218: Sharing a Decade of Experience in Chicago Real Estate - Insights on Architecture, Renovation, and Investment Potential with Michaela Gordon
Michaela Gordon is a seasoned Realtor and Designer with over 10 years of experience acquiring and renovating properties in Chicago! Michaela kicks things off by talking about her background in architecture and design. She explains the significance of the different Chicago lot sizes and their impact on a building's footprints and redevelopment potential. Michaela also compares Chicago architecture to Los Angeles' architecture. She drops golden insight on modernizing units on a budget and also lays out improvements that are NOT worth the ROI. Michaela closes with powerful words on the value that investment-minded realtors offer and gives her outlook on the 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: Michaela Gordon, MG Home Chicago Link: MG Homes Instagram Link: Brandon Hood Instagram (Network Referral) Link: Per My Last Email (Michaela's Podcast) Sponsors: Cost Seg Kev and Essex Realty Group ----------------- Guest Questions 02:49 Housing Provider Tip: Understand Source of Income and other protected classes when screening tenants! 04:54 Intro to our guest, Michaela Gordon! 07:38 Michaela's real estate origin story! 11:32 Chicago Lot Sizes and their importance. 17:52 Modernizing units on a budget. 28:06 Property Improvements that are NOT worth it! 30:29 How can real estate brokers be more investment-minded? 35:32 Michaela's outlook on the real estate market! 40:20 What is Michaela's competitive advantage? 41:08 One piece of advice for new investors. 41:17 What do you do for fun? 41:57 Good book, podcast, or self-development activity that you would recommend? 43:20 Local Network Recommendation? 44:04 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 217Episode 217: Building Relationships with Community Banks - Insights from Chicagoan Kevin Greer on the Lending Market and Investor Strategies
Kevin Greer joins us to break down Community Banks, Commercial Lending, and the State of the Lending Market! Kevin explains the differences between Regional Banks and Community Banks. You'll learn how you can build and leverage a relationship with your local Community Bank. He also shares how his investor mindset and strategy have changed throughout his years of investing. Then, Kevin tells us his outlook on the lending market and how investors should prepare! 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 Greer, Bank Financial Link: [email protected] (Mark Wilczak - Secure Choice Property Inspector) Link: BISNOW Article Sponsors: NEGC Remodeling and Essex Realty Group ----------------- Guest Questions 03:02 Housing Provider Tip: Monitor the temperature on boiler buildings as the weather warms up! 05:32 Intro to our guest, Kevin Greer! 08:15 Kevin discusses the state of the lending market! 10:04 Ins and outs of a Community Bank. 14:15 How to build a relationship with a Community Bank? 21:32 How do banks stay afloat when business slows? 22:43 How has Kevin's investing mindset changed over the years? 26:32 Where in Chicago is Kevin seeing the most real estate activity? 32:18 DSCR and commercial loan underwriting! 41:32 Kevin's outlook on the lending market. 45:45 What is Kevin's competitive advantage? 46:08 One piece of advice for new investors. 46:35 What do you do for fun? 47:01 Good book, podcast, or self-development activity that you would recommend? 48:14 Local Network Recommendation? 49:05 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 216Episode 216: Punch That Agent You Hate in the Face - The Chicago Real Estate Rumble
What is the Chicago Real Estate Rumble and how can I participate, attend, or donate? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Ryan Cotter, The Mortgage Corp Link: Fighter Orientation - Chicago Real Estate Rumble 2023 Link: Real Estate Rumble Series Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 215Episode 215: Scaling To A 430-Unit Rental Portfolio in Chicago's Midway Area with Brian Basic
Brian Basic is a seasoned investor with experience ranging from Condo Deconversions to Buy and Hold Rentals! Brian starts by explaining the origins of his family's REI business and the lessons learned from his wide range of investing experience. Next is a deep dive on the differences between being a landlord in the City of Chicago compared to the Suburbs. Brian discusses his geographical areas of expertise including West Lawn, Garfield Ridge, and other areas surrounding Midway airport! Throughout the show, Brian emphasizes the power of buy and hold real estate and encourages newbies to get started to begin leveraging the benefits! 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 Basic, OAC Management Link: https://www.chicagobusiness.com/ Link: Attorney Recommendation Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Guest Questions 03:16 Housing Provider Tip: Ensure your leases are compliant with the latest laws this leasing season! 05:31 Intro to our guest, Brian Basik! 07:24 How did Brian and his family get started in REI? 13:28 Brian's Lessons Learned! 19:34 What is Brian's REI focus today? 22:01 Land-lording in the City vs Suburbs! 24:19 Positive momentum in West Lawn and surrounding neighborhoods! 34:30 How have Brian and his team set up property management? 38:22 Where does Brian want to be 10 years from now? 42:07 What is Brian's competitive advantage? 42:28 One piece of advice for new investors. 43:07 What do you do for fun? 43:24 Good book, podcast, or self development activity that you would recommend? 44:05 Local Network Recommendation? 44:32 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 214Episode 214: Real Estate Post-Recession - Building Up From the Ground with Roger Luri
Roger starts by discussing how he found a niche in New Construction and jumps into lessons learned throughout the years. Leaning on his decades of investing experience, he's able to provide insight on red flags leading up to the last housing crash and discuss the emergence of north side neighborhoods like Uptown, Edgewater, and Buena Park. Roger breaks down how he identifies areas where new construction is profitable and summarizes the key players of your real estate investing team. Roger closes by pulling out the crystal ball and sharing 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! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Roger Luri, LD2 Development Link: Roger's LinkedIn Link: Don't Buy Multi-Family! BUILD IT (Roger's Book) Sponsors: Midwest RE Networking Summit and NEGC Remodeling ----------------- Guest Questions 02:24 Housing Provider Tip: Leverage Google Earth as a due diligence tool when purchasing property! 04:19 Intro to our guest, Roger Luri! 07:41 Finding a niche in new construction! 11:28 What red flags did Roger notice leading up to the last housing crash? 14:39 Working with neighborhood groups when redeveloping property! 16:24 Seeing Development in Uptown, Edgewater, and other North Side Neighborhoods! 21:42 Determining locations where new construction is profitable. 25:46 Keys to building a solid real estate team! 32:00 Roger compares rehabs and new construction! 41:02 How to set up Joint Ventures? 43:25 Roger's outlook on Chicago! 46:45 What is Roger's competitive advantage? 47:44 One piece of advice for new investors. 48:31 What do you do for fun? 49:12 Good book, podcast, or self-development activity that you would recommend? 50:17 Local Network Recommendation? 51:02 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 213Episode 213: The Future of Rent Control in Illinois: Updates and Implications
What is the future of rent control in Illinois and what are the implications based on rent control from other cities? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Baker & Mike Hagensen | New Era Chicago | NBOAChicago Link: Why Rent Control Doesn't Work - Freakonomics Link: Vacant, Rent-Stabilized and Locked Up: NYC's Ghost Apartments Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 212Episode 212: Everything You Need to Know About Back of the Yards with Ignacio Gonzalez
Ignacio Gonzalez joins us to explain everything you need to know about the neighborhood he was born and raised in, and currently invests in; Back of the Yards! Ignacio jumps right in by explaining how he started investing in the neighborhood and defines its geographical borders. He shares lessons learned from his first (over budget and over schedule) rehab project and other large gut renovations that he's taken on. He provides insight on the explosive growth of property and rent values along with his forecast of Back of the Yards' trajectory. Throughout the show, Ignacio emphasizes the importance of knowing your community and the satisfaction that comes with being a contributing member to a community's 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: Ignacio Gonzalez, Beyond Legacy Homes Link: SUCI Ep 202 - Ben Sussman Link: Living with the Monks (Book Recommendation) Link: Beyond Legacy Website Link: Beyond Legacy Instagram Link: Dream Catcher Cafe Website Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Guest Questions 03:08 Housing Provider Tip: Be mindful of tenant notice requirements and plan accordingly! 05:28 Intro to our guest, Ignacio Gonzalez! 06:17 How did Ignacio get started in Back of the Yards? 08:17 What are the borders of the Back of the Yards neighborhood? 10:55 Ignacio discusses his return to Back of the Yards! 18:30 What motivated Ignacio to keep going after his rocky first project? 24:27 Ignacio discusses rent growth in Back of the Yards! 28:34 Lessons learned from large rehab jobs. 38:38 How is Ignacio influencing his peers to invest in Back of the Yards? 40:25 Ignacio discusses his upcoming coffee shop! 44:15 What is Ignacio's competitive advantage? 44:40 One piece of advice for new investors. 45:05 What do you do for fun? 45:32 Good book, podcast, or self-development activity that you would recommend? 46:24 Local Network Recommendation? 47:04 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 211Episode 211: Peeling Back The Onion on Student Housing In Chicago
Interested in investing near a Chicagoland University to provide student housing?! Harrison Cohen joins us to share how he's built his portfolio using this model! Harrison explains why he decided to focus on student housing and the nuances of student housing near different universities, including University of Chicago, UIC, DePaul, and Loyola. Harrison dives deep on the leasing process and how it differs from leasing to market tenants. Lastly, he shares lessons learned from student housing investments including underwriting tips and advice on pivoting when things don't go as planned! 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: Harrison Cohen, Triton Realty Group Link: SUCI Ep 22 - Matt Fritzshall Link: Crushing It in Apartments and Commercial Real Estate (Book Recommendation) Link: Chris Titcomb (Attorney) Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Guest Questions 04:07 Housing Provider Tip: Be mindful of incorrect tax exemptions being applied to your property! 06:25 Intro to our guest, Harrison Cohen! 07:07 Why focus on student housing? 09:38 How is student housing different from standard rentals? 11:38 Harrison discusses housing for University of Chicago students! 20:20 Harrison talks about student housing near UIC! 26:41 How to succeed with student housing near DePaul University? 29:13 Are there investment opportunities near Loyola University? 30:38 Harrison gets granular on the leasing process for student housing! 38:45 Does the Chicago RLTO apply to student housing? 48:00 What is Harrison's competitive advantage? 48:24 One piece of advice for new investors. 49:00 What do you do for fun? 49:40 Good book, podcast, or self development activity that you would recommend? 51:25 Local Network Recommendation? 51:57 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 210Episode 210: What Investors Can Expect From Signed Contract to Finished Rehab
What should I expect when I hire a contractor for my first remodel? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Matthew Nosal, NEGC Remodeling ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 209Episode 209: Building a Portfolio with New Construction Rentals, STRs, and MTRs with Chicago REIA's Andrew Holmes
Do short term, mid term, and new construction rentals interest you?! Andrew Holmes provides great insight on how he's been utilizing all of these investment vehicles to grow his portfolio! Andrew kicks things off by discussing the differences between today's real estate market and the 2012 market when he got started in real estate. He transitions into the new construction development that he and his group have been working on in Florida. Andrew explains how he's been able to explode his cash-flow with short term and mid term rentals while remaining conservative in the underwriting of those investments. He closes with his thoughts on today's interest rate environment, the opportunities that those rates are providing, and provides a 5 year outlook for things he and his team will accomplish! 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 Holmes, Chicago REIA Link: SUCI Ep 50 - Andrew's Last SUCI Episode Link: SUCI Ep 62 - Farrah Ali Link: Diaries of a Female Real Estate Investor (Book Recommendation) Link: PetScreening.com Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Guest Questions 03:31 Housing Provider Tip: Utilize pet screening software to prevent scammers from getting away with false pet certificates! 06:07 Intro to our guest, Andrew Holmes! 08:45 Differences between the 2012 and 2023 real estate market! 11:25 What has Andrew been working on since he was last on the show in 2021? 17:19 Andrew discusses lessons learned from building new construction homes in Florida! 24:23 Andrew talks about investing in Short Term and Mid Term Rentals! 39:05 How can you tell if a market has strong demand for STRs or MTRs? 44:40 Andrew talks about interest rates in today's market! 47:19 What do the next 5 years look like for Andrew and his group? 50:54 What is Andrew's competitive advantage? 51:17 One piece of advice for new investors. 51:34 What do you do for fun? 51:42 Good book, podcast, or self-development activity that you would recommend? 53:07 Local Network Recommendation? 53:59 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Ep 208Episode 208: Going Deep in Bucktown and Wicker Park with Jason Stratton
Interested in investing in Chicago's Bucktown neighborhood, but wondering if you're too late to the party?! Jason Stratton joins us to provide his perspective as a seasoned realtor, investor, and resident of the neighborhood. Jason starts by sharing what attracted him to Bucktown and his first deal. He defines the street borders of Bucktown, the amazing attributes of the neighborhood, and shares how he's finding deal flow in today's market. Adjacent neighborhood Wicker Park is discussed including the implications of owning a landmark property. Jason shares golden input on other emerging neighborhoods that he's bullish on and his rationale behind those beliefs. He closes with empowering words on the Chicago Real Estate market and on the mindset investors should cultivate to be successful! 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: Jason Stratton, The KlopasStratton Team Link: Extreme Ownership (Book Recommendation) Link: Seth Kaplan (Attorney) Link: Jeff Swanberg (Inspector) Link: KlopasStratton Podcast ----------------- Guest Questions 03:00 Housing Provider Tip: Leverage keyless entry locks to make access easier! 05:12 Intro to our guest, Jason Stratton! 09:58 Jason discusses his first real estate deal! 17:30 What are the borders of Bucktown? 19:19 How is Jason finding deals in the small neighborhood of Bucktown? 23:25 Jason talks about Wicker Park! 30:21 Other North Side Neighborhoods with a ton of potential! 35:52 Jason gives his outlook on the Chicago Real Estate Market. 38:22 What is Jason's competitive advantage? 38:48 One piece of advice for new investors. 39:48 What do you do for fun? 41:57 Good book, podcast, or self development activity that you would recommend? 43:43 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 2023.

Ep 207Episode 207: The Steps to Estimating and Strategizing a Light Rehab or Turnover
What must an investor consider when planning to work with a contractor? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Matthew Nosal, NEGC Remodeling ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.