Straight Up Chicago Investor

Sam Sharp has over 20 years experience in the Mortgage Industry and joins us to discuss rising interest rates. Sam begins by talking about his vast experience in the mortgage industry and the lending environment during the last housing crash. He shares tips that have helped him be a top-producing loan originator and provides advice for professionals trying to build their brand. Sam gives his take on the million-dollar question: WHERE ARE RATES GOING AND IS NOW A GOOD TIME TO BUY?! He explains interest rate buy-downs as a strategy that can benefit both buyers and sellers. Sam closes by talking about his approach to investing and how it has worked out for him! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sam Sharp, Guaranteed Rate Link: Never Split the Difference (Book Recommendation) Link: Harley Rosenthal (Network Recommendation) Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Guest Questions 03:00 Housing Provider Tip: Be sure your floor drains are free of debris to avoid flooding! 05:12 Intro to our guest, Sam Sharp! 06:38 Sam talks about his start in real estate! 11:30 How does Sam succeed and do business with integrity in an industry where many others do not operate with integrity? 13:50 Sam talks about the lending environment during the last housing crash. 23:13 What advice would Sam give to real estate professionals trying to build their brand? 26:32 Where are interest rates going and is now a good time to buy? 36:20 Sam explains interest rate buy-downs!! 47:58 How can investors and other real estate professionals leverage rate buy-downs? 52:50 Sam talks about his investing strategy! Wrap Up Questions 56:42 What is Sam's competitive advantage? 57:05 One piece of advice for new investors. 57:44 What do you do for fun? 58:08 Good book, podcast, or self development activity that you would recommend? 59:30 Local Network Recommendation? 60:05 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Danny Spitz of Greenstone Partners joins us to discuss the ins and outs of investing in commercial real estate. Danny kicks things off by sharing his start in real estate with a 3-flat in Bridgeport. He explains the differences between residential and commercial properties including insight on taxes and financing those assets. Danny speaks to the types of tenants and leases on mixed-use, retail, and office spaces. Throughout the episode, Danny emphasizes the importance of building relationships as a key to success and for future opportunities! 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: Danny Spitz, Greenstone Partners Link: Sabrina Wottreng (Public Relations) Sponsors: Pentwater Cabinetry and Appeal.tax ----------------- Guest Questions 03:25 Housing Provider Tip: Don't forget to winterize your water spigots! 05:00 Intro to our guest, Danny Spitz! 06:10 How did Danny get started in real estate? 08:00 Danny talks about his Bridgeport 3-flat! 10:30 How can investors successfully find a mentor? 15:37 What did Danny do after the Bridgeport 3-flat? 17:21 Danny talks about the differences between residential and commercial investments! 20:21 What are some things to consider when building out a commercial space! 26:57 How does Danny get his leases created? 28:55 How can taxes be projected on mixed-use properties? 33:30 What are some financing differences between mixed-use properties and multifamily buildings? 36:22 Danny talks about using CoStar and other similar platforms. 39:19 How has commercial real estate in Chicago changed in recent years? 46:16 What is Danny's 5-10 year outlook on his business? Wrap Up Questions 51:24 What is Danny's competitive advantage? 51:51 One piece of advice for new investors. 52:02 What do you do for fun? 52:15 Good book, podcast, or self development activity that you would recommend? 52:34 Local Network Recommendation? 53:05 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

A real live example of how beginning investors can separate themselves against known buyers without overpaying. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Derek Kaptanoglu, Essex ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Corey Oliver has over 20 years of experience acquiring and repositioning multifamily buildings in Chicago's South and West Side areas. Corey talks about his start in real estate and how he acquired his first buy and hold buildings in North Lawndale. He speaks to the struggles of investing in C/D class areas including dealing with squatters, non-paying tenants, and gang activity. Corey dives deep on specific pockets including K-Town in North Lawndale, Englewood, and Woodlawn to name a few! He emphasizes the importance of doing your due diligence including thoroughly vetting property managers when investing in these areas. Corey closes with his take on how the city can solve the affordable housing crisis and encourages all of us to be quality housing providers! 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: Corey Oliver, Strength in Management Link: Corey's Instagram Link: Rich Dad Poor Dad (Book Recommendation) Sponsors: Essex Realty Group and State Farm ----------------- Guest Questions 03:47 Housing Provider Tip: Consider raising rents instead of not renewing leases with your tenants! 05:55 Intro to our guest, Corey Oliver! 06:45 Corey talks about his career as a professional sports agent! 10:20 How and where did Corey start investing in real estate? 13:09 Corey explains how properties can fall into disrepair in the areas he invests in. 15:10 Corey talks about K-Town and North Lawndale in general! 18:06 How is Corey taking advantage of city incentives offered in these South and Westside neighborhoods? 21:50 What is Corey's perspective and outlook on Englewood? 25:10 What are the main differences between Chicago's Southside compared to the Westside? 28:26 How will the Obama library impact the Southside? 32:55 Corey talks about Streetwise! 34:07 How can investors prepare to operate properties in C/D class areas? 36:07 How do you deal with and manage gang activity within your properties? 40:00 How did COVID impact Corey's tenants? 44:40 How can we solve Chicago's affordable housing problem? Wrap Up Questions 48:26 What is Corey's competitive advantage? 49:04 One piece of advice for new investors. 50:20 What do you do for fun? 50:53 Good book, podcast, or self development activity that you would recommend? 51:07 Local Network Recommendation? 51:45 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Kevin Krasney is the third-generation owner of Cole's Appliances, which is still situated on the same Lincoln Ave corner in North Center. Kevin talks about his family-owned and operated business and how Cole's provides tremendous value to investors. He walks through the appliance ordering and installation process and how the recent supply chain issues played into this process. Kevin gets granular on different manufacturers and the quality of their products. Throughout the episode, Kevin shares insight on things investors should keep in mind when purchasing appliances to ensure they're delivered/installed on schedule, and to ensure investors are buying the best product for their need! 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 Krasney, Cole's Appliance and Furniture Co Link: All In Podcast Link: Broken Record Podcast Link: Matt Kustusch (Network Recommendation) Link: Chop Shop Sponsors: Essex Realty Group and State Farm ----------------- Guest Questions 02:11 Housing Provider Tip: Celebrate the wins and enjoy the journey of building your real estate portfolio! 04:48 Intro to our guest, Kevin Krasney! 06:26 Kevin talks about the mindset of keeping the family appliance business small rather than opening more stores! 07:30 How has the supply chain changed over the last couple years? 13:00 Kevin discusses the workflow from appliance ordering to installation! 17:12 Who are the major manufacturers and how does their quality compare to each other? 18:32 What are some things investors can do to minimize appliance repairs? 22:48 Kevin gives a checklist for things required to install a kitchen appliance package. 25:44 How do you determine whether to repair or replace an appliance? 30:06 What are Kevin's thoughts on coin-operated vs electronic payment laundry machines? 33:32 What is Kevin's outlook on the appliance industry? 36:34 How can one determine the fuel source on an appliance? Wrap Up Questions 41:10 What is Kevin's competitive advantage? 41:50 One piece of advice for new investors. 43:11 What do you do for fun? 44:00 Good book, podcast, or self-development activity that you would recommend? 44:20 Local Network Recommendation? 45:03 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What are lenders taking a harder look at in this market? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman, Renovo Financial ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Robert Waz of Exterplexy Real Estate & Management joins us to discuss the ins and outs of investing in the North Lawndale neighborhood. Robert kicks things off by explaining why he started investing in North Lawndale. He dives into unforeseen challenges and underwriting considerations to ensure investors accurately account for all expenses and. Robert goes deep into the neighborhood, including its boundaries, different pockets, the building stock, and planned developments in North Lawndale. Throughout the episode, Robert emphasizes the importance of being hands on with property management as a key to success in this 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: Robert Waz, Exterplexy Real Estate & Management Link: The City Podcast (North Lawndale Episodes) Link: Basic Economics (Book Recommendation) Link: SUCI Ep 45 - Jack Crane with CIC ----------------- Guest Questions 02:30 Housing Provider Tip: Be sure that your property's exterior is sealed to prevent animals from getting in! 04:22 Intro to our guest, Robert Waz! 05:26 Why did Robert choose to start investing in North Lawndale? 06:31 Robert talks about his first property in North Lawndale! 08:20 What were some unforeseen challenges of investing in North Lawndale? 12:57 What was the timeframe of Robert's first renovation project? 16:04 Robert talks about underestimating expenses in C/D class neighborhoods! 20:19 Robert talks about North Lawndale's boundaries, building stock, and more neighborhood characteristics! 27:19 What are some ballpark numbers for rental properties in this area? 29:33 Robert discusses CHA vs Market rate tenants. 33:37 What are some developments going on in North Lawndale? 38:49 What do the next 2-3 years look like for Robert and his team? Wrap Up Questions 43:22 What is Robert's competitive advantage? 43:51 One piece of advice for new investors. 44:35 What do you do for fun? 45:52 Good book, podcast, or self development activity that you would recommend? 46:49 Local Network Recommendation? 48:10 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Sonia Del Real of Third City Consulting and LREIC join us to discuss her involvement with Chicago Housing Provider Advocacy groups and how investors from all ethnicities can benefit from this group. Sonia shares her background as a second-generation immigrant and a Chicago native along with her investing journey prior to the housing crash. She speaks to her transition into education and advocacy for Latino Housing Providers. Sonia provides information regarding LREIC (Latino Real Estate Investors Council), their mission statement, and the benefits of being a member. She closes with strong words on the importance of getting involved with advocacy groups and being around like-minded, experienced individuals that can propel you and your portfolio 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] Guest: Sonia Del Real, Third City Consulting and Latino Real Estate Investors Council Link: LREIC Website Link: SUCI Ep 37 - Mike Glasser Link: Cashflow Quadrant (Book Recommendation) ----------------- Guest Questions 02:52 Housing Provider Tip: Make sure you clean your gutters this fall season! 04:44 Intro to our guest, Sonia Del Rey! 05:47 Sonia talks about growing up in Chicago as a second-generation immigrant. 10:46 What is CAPS? 13:37 Sonia talks about her investing journey prior to the housing crash! 18:05 What was Sonia's main motivation for getting into education? 25:23 What is LREIC (Latino Real Estate Investors Council)? 27:47 What are the benefits of being a member of LREIC? 31:46 Sonia provides advice for anyone trying to start an advocacy group! Wrap Up Questions 40:54 What is Sonia's competitive advantage? 42:11 One piece of advice for new investors. 42:50 What do you do for fun? 43:26 Good book, podcast, or self-development activity that you would recommend? 44:04 Local Network Recommendation? 45:46 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

How does the recent rate hikes affect investors' ability to borrow moving forward? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman, Renovo Financial ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Return guests Casey Smagala and Steven Vance of Chicago Cityscape join us to discuss the revised Transit-Oriented Development (TOD) ordinance and other development trends in Chicago! Casey and Steven start off by explaining the TOD ordinance and the changes resulting from the recent revision. They dive deep on the impacted neighborhoods, zoning districts, and provisions of the ordinance. Casey and Steven showcase their urban planning backgrounds by weighing in on the impact of current city policies and how they would improve those policies. Lastly, they share why Cityscape is such a powerful data-aggregation software and how it can give Chicago Investors a tremendous competitive advantage! 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: Casey Smagala and Steven Vance, Chicago Cityscape Link: SUCI Ep 97 - Samuel Pavlovcik Link: SUCI 112 - Cityscape (1st Episode) Link: SUCI Ep 59 - Cost-Seg Kev Link: The New Localism (Book Recommendation) Link: UCLA Housing Voices Podcast Sponsors: Essex Realty Group and Appeal.tax ----------------- Guest Questions 03:18 Housing Provider Tip: Use online services by Utility providers to expedite requests! 06:14 Intro to our guests, Steven Vance and Casey from Chicago Cityscape! 07:00 What is the TOD ordinance? 10:26 Who can benefit from the revised TOD ordinance? 13:22 Steven and Vance talk about accessible dwelling units! 16:34 Are there de-conversation limitations within the revised TOD ordinance? 18:52 Steven and Vance talk about neighborhoods most impacted by the ordinance! 26:31 How does the ordinance affect parking requirements? 31:53 How do City policies attempt to control density? 38:00 What policy changes can investors expect in the near future? 39:50 How does the City measure the success of their new policies? Wrap Up Questions 43:12 What is Casey's and Steven's competitive advantage? 43:58 One piece of advice for new investors. 48:22 What do you do for fun? 49:18 Good book, podcast, or self development activity that you would recommend? 51:24 Local Network Recommendation? 54:21 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Ada Li is a Chicago-based Developer with over 20 years of experience. Ada shares her experience with her family's construction business, which includes dealing with Chicago Inspectors, zoning changes, and other lessons learned over the years. Ada dives deep into Bridgeport by sharing insight on the different pockets of the neighborhood, how values vary across those areas, and her long-term outlook of the neighborhood. Ada closes this knowledge packed show by providing her take on McKinley Park and Brighton Park! 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: Ada Li, Winner Construction and Hardscrabble Investments Link: Who Not How (Book Recommendation) Link: SUCI Ep 43 - RJ and Nicky (Network Recommendation) Link: InvestHER Meetup Sponsors: GC Reality and Appeal.tax ----------------- Guest Questions 02:22 House Provider Tip: Be aware of the new Illinois law requiring 10-year smoke detectors! 04:16 Intro to our guest, Ada Li! 08:10 Ada talks about working in the family construction business and the dynamics associated with that. 10:10 How did the business scale? 13:48 How can an investor back into a purchase price? 17:09 Ada shares some lessons learned over the years in construction! 25:48 Why did Ada and her family decide to invest in Bridgeport? 28:33 Ada talks about meeting Aldermen when needing Zoning changes! 30:38 What are Ada's favorite pockets of Bridgeport? 33:02 Ada talks about pricing differences within the different pockets of Bridgeport! 36:35 What is Ada's outlook on Bridgeport? 37:58 What does Ada think about McKinley Park and Brighton Park? 40:03 Ada talks about land value in Bridgeport. Wrap Up Questions 41:23 What is Ada's competitive advantage? 41:58 One piece of advice for new investors. 42:27 What do you do for fun? 43:08 Good book, podcast, or self development activity that you would recommend? 44:11 Local Network Recommendation? 44:50 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

When should I lock in my mortgage rate in a volatile market, and what is a float-down option? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella, Prime Lending | SUCI Episode 67 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Entrepreneur, investor, and best-selling author J Scott of BiggerPockets and Bar Down Investments joins SUCI and drops tremendous wisdom! J shares the mindset and adaptability required to become a successful real estate investor. He draws on his past experience to break down the economic climate by speaking to various topics including inflation, stagflation, the debt crisis, consumer behavior, and the job market. J closes with insight on properly underwriting deals and emphasizes the power of buy-and-hold rental properties as a wealth building tool! If you enjoy today's episode and like what you hear, please leave us a review and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: J Scott from BiggerPockets and Bar Down Investments Link: The Goal (Book Recommendation) Link: Ashley Wilson (Network Recommendation) Link: Real Estate by the Numbers (Pre-Order J Scott's New Book) Link: Connect with J Scott Sponsors: Essex Realty Group and Appeal.tax ----------------- Guest Questions 03:21 House Provider Tip: Understand that bull markets may cover up mistakes that wouldn't be covered in bear markets! 04:39 Intro to our guest, J Scott! 05:31 J talks about the mindset required to be successful in real estate! 12:41 J defines stagflation and talks about its relation to the debt crisis? 21:02 How does J predict lending will change in the near future? 27:19 Does J think that the expected recession can be a self-fulfilling prophecy as consumers get fearful and change their behavior? 30:52 What is J's outlook on the job market? 36:32 Is J still looking for real estate deals and how has his underwriting changed? 40:41 How can passive investors effectively vet an operator? 44:50 J shares mistakes he's made in his investing career! 49:01 J talks about accounting for expense increases when underwriting deals Wrap Up Questions 50:33 What is J's competitive advantage? 50:59 One piece of advice for new investors. 51:51 What do you do for fun? 52:33 Good book, podcast, or self development activity that you would recommend? 53:34 Local Network Recommendation? 54:29 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Kory Dieter is a Chicago-based is a house hacker and professional out of state investor with a portfolio mix that includes SFRs and small multi-families across 5 markets. In today's episode Kory shares with us how she started her real estate journey with a house hack in Andersonville to how she was able to leave behind her W2 job. Along the way she's dabbled in a variety of investing strategies, including house hacking, medium term rentals, BRRRR, and 1031 exchanges, with no signs of stopping now! This episode is full of nuggets on deal acquisition and things to keep in mind when looking for your next investment, whether it's in Chicago or a different 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: Kory Dieter Link: http://www.naiopchicago.org/ Link: https://www.gcrealtyinc.com/brrrr-investment-strategy-must-knows Link: https://www.gcrealtyinc.com/blog/house-hacking-101-in-chicago Link: https://www.straightupchicagoinvestor.com/house-hacking-calculator Link: https://www.straightupchicagoinvestor.com/podcast/episode-43-househacking-scaling-and-large-multifamily-deals-with-one-of-chicagos-best-power-couples Sponsors: State Farm and Appeal.tax ----------------- Guest Questions 03:30 House Provider Tip: Be Ready To Address Issues When Tenants First Move In 05:40 Intro to our guest, Kory Dieter! 06:45 Starting with a househack in Andersonville 12:15 The importance of knowing the neighborhood 21:15 Out of State Real Estate Investors Must Have Mindset 25:50 Pro Forma Vs Actual Is Usually Different in Real Estate Investing 27:57 Scaling As A House Hacker 30:58 How To Prepare Your Portfolio For the Future 34:01 Challenges Faced Transitioning From a W2 To Self Employed Real Estate Investor Wrap Up Questions 42:39 What is Kory's competitive advantage? 43:15 One piece of advice for new investors. 53:25 What do you do for fun? 43:42 Good book, podcast, or self development activity that you would recommend? 45:02 Local Network Recommendation? 45:53 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What is the difference between actual cash value and replacement cost? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Josh Steigelmann, State Farm Insurance ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Are you looking to learn about acquiring and managing multifamily properties in Chicago's Northside? If so, you'll get great value out of this show! John starts by talking about his military background and how that has served him in his real estate career. He provides details on managing his first large scale, multifamily property and how that success propelled his growth. John gets granular on rehabbing occupied buildings, the emergence of some northside neighborhoods, and managing tenants. John closes by emphasizing the importance of quality relationships and properties - slow and steady wins the race! 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: John McGeown, High Fidelity Property Management Link: SUCI Ep 124 - Aaron Galvin (Network Recommendation) Link: Tools Of Titans (Book Recommendation) Sponsors: Essex Realty Group and Appeal.tax ----------------- Guest Questions 03:00 House Provider Tip: Make sure you are considering debt-to-income ratios when screening tenants! 05:20 Intro to our guest, John McGeown! 07:14 How has John's military background served him in real estate? 08:58 Why did John choose to go into real estate after the military? 11:10 How did John establish an area of focus for his property management business? 16:56 How did John leverage his success on the 45-unit project to propel his growth? 22:04 What are some tips for accurately underwriting rents? 25:51 Where did John start investing? 27:32 John describes the emergence of developed neighborhoods that he's invested in! 29:22 How do you prepare for a renovation of an occupied multi-unit building? 35:43 What are John's plans over the next few years? Wrap Up Questions 38:15 What is John's competitive advantage? 38:30 One piece of advice for new investors. 38:58 What do you do for fun? 39:50 Good book, podcast, or self development activity that you would recommend? 41:05 Local Network Recommendation? 42:00 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Looking for insight on the nuances of acquiring and managing properties on the south side of Chicago? If so, this episode is for you! Tim starts by talking about his start in real estate and how he identified a need for quality property management on the south side. He provides insight on tenant screening, underwriting expenses, and subsidized housing for the C/D class assets he operates. Tim gets granular on the housing stock, values, and neighborhood borders in the Chicago Lawn, West Elsdon, and West Englewood neighborhoods. Tim closes this knowledge packed show by sharing the pockets of these neighborhoods that he's bullish on and will continue to invest in for years to come! 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: Tim Harstead, Chicago Style Management Link: Never Split the Difference (Book Recommendation) Link: SUCI Ep 146 - RJ Deleon Sponsors: State Farm and Appeal.tax ----------------- Guest Questions 03:42 House Provider Tip: Be mindful of how the number of touchpoints required can vary for properties across different classes! 05:29 Intro to our guest, Tim Harstead! 06:33 How did Tim get started in real estate? 08:19 What sparked Tim's interest in property management? 09:57 What are some nuances about Chicago's south side that Tim has to communicate to out of state investors? 12:28 How does Tim forecast expense ratios in lower class neighborhoods? 16:05 What neighborhoods is Tim heavily involved in? 19:00 Tim's shares tips for screening tenants in lower class neighborhoods! 21:04 How does the typical term of lease vary between section 8 and market rate tenants? 26:06 Tim provides insight on the West Lawn and Chicago Lawn neighborhoods! 31:43 Tim shares the differences in the leasing process across the different south side neighborhoods he manages units in. 35:08 What is the housing inventory like in these south side neighborhoods like West Englewood and Chicago Lawn? 36:55 What is Tim's opinion on Gage Park and West Elsdon? 39:17 What areas is Tim planning to invest in over the next 5-10 years? Wrap Up Questions 41:55 What is Tim's competitive advantage? 42:18 One piece of advice for new investors. 42:38 What do you do for fun? 42:15 Good book, podcast, or self development activity that you would recommend? 43:23 Local Network Recommendation? 43:48 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What are the recent changes within Freddie Mac that now allows for financing the rehab of an ADU project? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella of Prime Lending Link: https://perryfarella.com/blog/ ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Brian Kochendorfer returns to the show after 2 years! This time around Brian provides an objective analysis on how his investment properties in Indiana and Ohio compared to his Chicago portfolio. Brian kicks things off by sharing his investment parameters and how he ended up pursuing opportunities in Ohio and Indiana in addition to Chicago. He dives deep into the nuances of acquiring, repositioning, and managing assets in those other markets. Brian speaks to differences in tenant expectations, rent growth, taxes, and cap rates in NW Indiana, Indianapolis, and Cincinnati compared to Chicago! This show is filled with great insight on the current state of the market, identifying opportunities given buyer/seller sentiment, and why Chicago is a great place to invest in even with all the headwinds! 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 Kochendorfer, Essex Realty Group Link: Arc Equity Group Link: SUCI Episode 14 - Brian Kochendorfer (1st Episode) Link: SUCI Episode 151 - Fritz Kaegi Link: Kevin Claffy (Network Recommendation) Sponsors: State Farm and Essex Realty Group ----------------- Guest Questions 03:15 House Provider Tip: Add lighting to your properties for added, cost-effective security! 04:55 Intro to our guest, Brian Kochendorfer! 06:41 How did Brian make the jump from being a broker to investing? 07:28 What were the parameters in Brian's investment property search when he started off? 10:11 Brian talks about key differences between Chicago and the other markets he's invested in (i.e. NW Indiana, Indianapolis, Cincinnati). 16:33 Are the higher returns worth it given the headwinds in Chicago? 18:07 How does the building stock differ between Chicago and the other markets Brian has invested in? 21:28 What would Brian have done differently on his Cincinnati project? 22:11 How do the landlord-tenant laws in those other markets compare to Chicago? 28:30 Brian compares expectations in Chicago vs NW Indiana and Cincinnati. 32:10 What is Brian's macro-level outlook on Chicago? 34:14 How is Brian approaching acquisitions given the market conditions? 37:15 Brian shares the sentiment he's seeing from buyers and sellers today and the opportunities that could bring. Wrap Up Questions 44:47 What is Brian's competitive advantage? 45:25 One piece of advice for new investors. 45:53 What do you do for fun? 46:43 Good book, podcast, or self-development activity that you would recommend? 47:08 Local Network Recommendation? 48:05 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

From successful BRRRR to a delayed, over-budget project, Zach Gring shares lessons learned from his investing journey! Zack starts by explaining how he established an asset class to focus on and the reasons for his criteria. He talks through a successful BRRRR project in Batavia and speaks to managing the rehab of a tenant-occupied property. He also shares some lessons learned from his delayed project in Glen Ellyn. Throughout this episode, Zach shares the importance of establishing a network and a focus when getting into real estate 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: Zach Gring, The Axon Group Link: Landlording on Autopilot (Book Recommendation) Link: Vince Incopero (Network Recommendation) Sponsors: The Axon Group (EXP Realty) and Appeal.tax ----------------- Guest Questions 03:21 House Provider Tip: Be sure to check alleys for excess garbage left behind by tenants during turnovers! 05:07 Intro to our guest, Zach Gring! 07:27 What sparked Zach's interest in real estate investing? 08:30 Where did Zach start investing and what are some of the nuances of small-town investing? 10:56 How did Zach get "scrappy" to increase his savings rate to invest in real estate? 12:30 Zach dives into his first deal in Batavia! 13:50 How did Zach manage rehab of a tenant-occupied unit? 19:50 How was the GC selected/managed and what were the unforeseen construction items? 24:15 Zack talks about his next deal in Glen Ellyn! 29:28 What is the exit strategy on the Glen Ellyn property? 31:48 Where is Zack focusing on geographically? 38:10 Zack shares his hindsight perspective on research that should be done when getting into real estate. Wrap Up Questions 40:30 What is Zachi's competitive advantage? 41:40 One piece of advice for new investors. 42:02 What do you do for fun? 42:15 Good book, podcast, or self-development activity that you would recommend? 43:04 Local Network Recommendation? 43:39 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What is builder's risk insurance and as an investor why do I need to be aware of builder's risk insurance? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Josh Steigelmann, State Farm Insurance ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

After staying in an Airbnb while on vacation, Rishi Bajaj realized how we can leverage this strategy and used midterm rentals to multiply his rental income! Rishi shares how he got the idea to venture out into the niche space of midterm rentals. He talks about furnishing, costs, and additional considerations when comparing midterm rentals to traditional long-term rentals. He dives into why he sees value and has been investing in some south side neighborhoods and also shares the characteristics he looks for in properties! Throughout the show, Rishi provides valuable tips on thinking outside the box to maximize profit and ROI! 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: Rishi Bajaj, West Loop Capital Partners Link: Multifamily Insights (Podcast Recommendation) Link: The Short Term Show (Podcast Recommendation) Link: Eric Hubbard (Network Recommendation) Sponsors: GC Reality and Appeal.tax ----------------- Guest Questions 04:45 House Provider Tip: Hire professional and reputable HVAC contractors to ensure systems function properly! 05:13 Intro to our guest, Rishi Bajaj! 08:15 What motivated Rishi to get into real estate? 12:07 How did Rishi live frugally when he first got started? 13:53 What are some considerations when furnishing a unit? 17:30 What are some additional costs to consider on midterm rentals that differ from long-term rentals? 24:18 How is Rishi marketing his midterm rentals? 28:16 Why did Rishi start purchasing property in Bridgeport and the Heart of Chicago neighborhood? 31:15 What property characteristics does Rishi look for? 34:28 How are these properties being financed? 39:19 How does Rishi underwrite for vacancy? 43:57 How has Rishi managed a growing Chicago portfolio from a remote location? Wrap Up Questions 49:34 What is Rishi's competitive advantage? 50:34 One piece of advice for new investors. 51:42 What do you do for fun? 52:19 Good book, podcast, or self-development activity that you would recommend? 53:32 Local Network Recommendation? 55:10 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

It first took Joe Smazal of Interra Realty six years to sell $100M of multifamily real estate. Six months into 2022, Joe has already sold $100M of assets THIS YEAR ALONE! Joe explains how he left his stable day job to become a Chicago commercial broker, and the growing pains and hustle required to get started. He then speaks to the importance of developing relationships for increased deal flow and identifying areas of focus to become a trusted expert in your market. In classic SUCI fashion, Joe dives in at a street-level to define the boundaries of some north side neighborhoods! This episode is full of golden nuggets if you're interested in getting into Chicago Multifamily 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] Guest: Joe Smazal, Interra Realty Link: Podcast 1 Recommendation Link: Podcast 2 Recommendation Link: Sam Gutierrez (Network Recommendation) Link: Max Grossman (Network Recommendation) Sponsors: Prime Lending and Appeal.tax ----------------- Guest Questions 02:55 House Provider Tip: Be mindful of the leasing season and make your leases end during the peak leasing cycle! 05:13 Intro to our guest, Joe Smazal! 06:08 How did Joe get started in real estate? 15:05 How much time and effort did it take before Joe got his first big deal? 26:07 How did Joe identify his areas of focus? 30:52 How have things changed as Joe's business has grown? 33:00 How are investors analyzing properties and justifying investments in the Lakeview neighborhood? 37:17 What are the boundaries of Lakeview? 39:08 What are the boundaries of North Center? Wrap Up Questions 40:45 What is Joe's competitive advantage? 41:15 One piece of advice for new investors. 42:10 What do you do for fun? 43:40 Good book, podcast, or self development activity that you would recommend? 44:40 Local Network Recommendation? 45:32 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What are some of the useful technologies/apps that can help you scale your REI business? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Bolanle Ogunmakin, 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 2022.

Jeff Weinberg of Drexel Properties joins us to discuss the importance of systems and relationships when scaling a large Chicago Real Estate portfolio. Jeff kicks things off by talking about his start in real estate and leaving his W2 job to pursue his passion full time. He jumps into the mindset and strategies that will help in scaling a portfolio. Jeff drops street level knowledge on the North and Northwest side and explains why he is bullish on Chicago. Throughout the show, Jeff emphasizes the importance of cultivating long term relationships with brokers, contractors, and other vendors, and attributes much of his success to implementing this principle! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jeff Weinberg from Drexel Properties Link: The Splendid and the Vile (Book Recommendation) Link: Jeff Weinberg's LinkedIn Sponsors: The Axon Group (EXP Realty) and Appeal.tax ----------------- Guest Questions 03:55 House Provider Tip: Remember to have a baseline for utilities to identify irregular bills! 06:04 Intro to our guest, Jeff Weinberg! 07:22 How did Jeff get started in real estate? 09:52 At what point did Jeff decide to leave his W2 job? 11:47 Jeff talks about how he scaled his portfolio. 15:32 In hindsight, what would Jeff change about his investing career? 17:46 What attracted Jeff to investing in the Northwest side of Chicago? 26:11 Why does Jeff choose to buy-and-hold and why is he continuing to scale an already large portfolio? 29:04 Why is Jeff still bullish on Chicago? 30:50 How is Jeff's portfolio setup? 38:12 How do you develop relationships with brokers and vendors? Wrap Up Questions 42:14 What is Jeff's competitive advantage? 42:42 One piece of advice for new investors. 44:37 What do you do for fun? 46:27 Good book, podcast, or self development activity that you would recommend? 49:05 Local Network Recommendation? 50:55 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Bill Himmelstein of Tenant Advisory Group drops in to share great insight on long-term investing and reminds us that real estate is not a "get rich quick" but rather a "get wealthy slowly" investment. Bill starts by talking about his start in real estate and his experience with multi-family investing. He gets granular by speaking to the effect of rising interest rates on the market and also explains investing with partners. Bill emphasizes the importance of living below your means and adapting the long-term investor mindset to build generational wealth. This episode is full of golden nuggets around having a long-term outlook to keep growing your real estate portfolio! 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: Bill Himmelstein, Tenant Advisory Group Link: Willam Himmelstein - Tenant Advisory Group Link: The Secret of Shelter Island (Book Recommendation) Sponsors: The Axon Group (EXP Realty) and Appeal.tax ----------------- Guest Questions 02:44 House Provider Tip: Be mindful of timelines when planning turnovers with Section 8 tenants! 05:13 Intro to our guest, Bill Himmelstein! 08:03 How did Bill get started in real estate? 11:23 How do you balance having capital on hand with investing that money into long-term investments? 17:50 How did Bill begin buying multi-family real estate with partners? 22:31 Bill talks about a previous deal. 29:31 How are rising interest rates affecting cap-rates? 34:50 How does Bill handle his limited partnerships? 43:02 How does someone with little capital get started? Wrap Up Questions 46:31 What is Bill's competitive advantage? 47:50 One piece of advice for new investors. 48:25 What do you do for fun? 49:22 Good book, podcast, or self development activity that you would recommend? 50:28 Local Network Recommendation? 51:33 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What is the NBOA Summer Soiree and how can investors benefit from this event? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Glasser of NBOA Link:https://www.straightupchicagoinvestor.com/podcast/episode-37-the-nboa---your-ally-and-voice-as-a-chicagoland-housing-provider ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Ever wonder how your Cook County properties are assessed and how taxes are calculated? Cook County Assessor Fritz Kaegi presents valuable info on property taxes and the overall mission of his office! Fritz starts by sharing his background and how it allowed him to seamlessly step in and improve processes as the Assessor. He talks about his office's responsibilities and some of the common misconceptions the public may have. Fritz elaborates on the massive amount of data involved with assessing 1.9 million properties and gives tips on making your case if you believe your property's assessed value is inaccurate. Tremendous value packed in this episode that can potentially lead to decreased property taxes and increased NOI! 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: Fritz Kaegi, Cook County Assessor's Office Link: Capital Allocators (Podcast Recommendation) Link: Hacks on Tap (Podcast Recommendation) Link: Power Broker (Book Recommendation) Link: Samir Mayekar (Network Recommendation) Link: Michael Fassnacht (Network Recommendation) Sponsors: GC Reality and The Axon Group (EXP Realty) ----------------- Guest Questions 02:29 House Provider Tip: Do not overpay for a property simply to complete a 1031 Exchange - weigh out all options! 05:43 Intro to our guest, Fritz Kaegi! 06:24 What attracted Fritz to the position of Cook County Assessor? 08:34 How are property taxes calculated? 18:20 What is the process for establishing assessed values? 25:29 How is the massive amount of data managed by the Assessor's office? 29:01 How many PINs are there in Cook County? 29:44 Why is a majority of the property tax burden put on the housing providers (i.e. owners of apartment buildings)? 33:32 How are property taxes impacting affordable housing? 35:45 What are some common misconceptions about the Cook County Assessor? Wrap Up Questions 41:20 What is Fritz's competitive advantage when compared to his predecessors? 43:04 One piece of advice for new investors. 45:29 What do you do for fun? 45:51 Good book, podcast, or self-development activity that you would recommend? 47:46 Local Network Recommendation? 49:04 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

As many may already know, Rod Khleif is a multifamily real estate investor, business consultant, and high-performance coach. In today's show, Rod focuses heavily on being prepared to take action as opportunities arise during a changing market like the one we are in today! Rod starts off by speaking about the huge loss he experienced during the last housing crash and how he was able to bounce back stronger. He elaborates on the anticipated recession and on what investors should be doing to capitalize on upcoming opportunities. Rod emphasizes the importance of real estate being a team sport and gives his take on single-family vs multi-family investing. This episode is loaded with empowering words on taking action and embracing a mindset to succeed in real estate and life 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: Rod Khleif of Rod Khleif Multifamily Mastery Link: The 5 Love Languages (Book Recommendation) Link: Turning Pro (Book Recommendation) Link: The One Thing (Book Recommendation) Link: The Lifetime Cashflow Podcast Sponsors: Kiser Group and Appeal.tax ----------------- Guest Questions 02:47 House Provider Tip: Focus on retaining existing tenants to prevent costly turnovers! 05:23 Intro to our guest, Rod Khleif! 06:07 The rise and fall of Rod Khleif! 09:07 What is Rod doing to prepare for the anticipated recession? 16:23 How do you balance being patient with continuing to strive towards goals in this market cycle? 19:09 What is step one in preparing for a market turn? 25:07 What would you say to new investors who want to start with single-family homes and then transition into multi-family? 27:05 What is EOS? 28:47 What mistakes do investors make when vetting people for their team when trying to scale? 31:42 How will Rod be changing his asset management during this changing market? 33:07 What is Rod's competitive advantage? Wrap Up Questions 33:48 One piece of advice for new investors. 34:32 What do you do for fun? 34:51 Good book, podcast, or self development activity that you would recommend? 36:26 Local Network Recommendation? 37:14 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Mayor of Aurora and gubernatorial candidate Richard Irvin discusses his plan to create jobs, lower crime, and attract businesses if he were to be elected Governor of Illinois. Richards speaks on hot-topic issues including affordable housing, taxes, and crime. He dives deep into his tenure as Mayor of Aurora and how he can translate Aurora's successful revitalization to the rest of the state as governor. Innovative concepts on reforming the educational and police system are among other nuggets dropped in the episode. Richard closes with empowering words on his vision of making Illinois the "Land of Lincoln" again and bringing pride back to our state! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Richard Irvin from the City of Aurora Link: SUCI Episode 30 (Investing in Aurora) Sponsors: Kiser Group and Prime Lending ----------------- Guest Questions 03:28 Intro to our guest, Richard Irvin! 04:28 What does Richard consider to be his greatest accomplishment? 06:40 What can be done to create more affordable housing in Illinois? 10:42 What is the sequence of events to create affordable housing and bring businesses to Illinois? 12:48 How can Richard transfer what he's done in Aurora to the rest of the state? Wrap Up Questions 17:27 What are the first steps to solve the crime issues in Illinois? 22:55 How can we get the community to buy into this plan of redeveloping Chicagoland? 27:30 What is the one thing Richard wants to be remembered for? 28:45 Chicago/Illinois Fact! That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Are you struggling with deal flow in this market? Joe Sevcik drops in to share how Networth Realty is acquiring distressed properties and wholesaling to add value to their investors. Joe covers how his company is grinding it out by hitting the streets to get in front of motivated sellers. He talks about the mindset required to succeed in this space where rejection is commonplace. Joe dives deep into how his company is adding value to their investor clients by project values and construction costs to name a few things. This episode is full of nuggets on deal acquisition and things to keep in mind when looking for your next off-market, distressed property! 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: Joe Sevcik from Networth Realty Link: Rich Dad Poor Dad (Book Recommendation) Link: How to Win Friends and Influence People (Book Recommendation) Link: Illinois Transfer Tax Info Sponsors: Kiser Group and Appeal.tax ----------------- Guest Questions 03:22 House Provider Tip: Be mindful of pest control and account for associated expenses! 06:35 Intro to our guest, Joe Sevcik! 07:30 What/who is Networth Realty? 08:02 What is Networth Realty doing to acquire deals? 10:42 How do Joe and his team stay motivated when marketing to sellers is unsuccessful a large portion of the time? 12:20 How is Networth Realty adding value to their investors? 14:50 How is estimating rehab costs different in Chicago compared to other locations? 19:06 What are some tips for investors looking for off-market deals? 21:40 How are Joe and his team following up with sellers? 25:27 Any cool or funny stories when acquiring these distressed homes? 26:15 What is an example of a deal that was difficult to close on? 27:27 How has the hot market impacted the business? 29:02 Who are the ideal clients/investors for Networth Realty? 32:56 What does the future look like for Networth Realty? 35:15 For someone interested in joining Networth Realty, what skills/qualities should they bring? Wrap Up Questions 37:15 What is Joe's competitive advantage? 38:00 One piece of advice for new investors. 38:18 What do you do for fun? 38:47 Good book, podcast, or self-development activity that you would recommend? 39:40 Local Network Recommendation? 39:57 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What is a HUD 203k loan, when does it make sense for investors to leverage this loan, and where do 203k loans fall apart? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella of Prime Lending Link: ttps://perryfarella.com/blog/ ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

RJ Deleon is all things real estate, as he wears the hats of a contractor, investor, and mentor. In today's show we focus almost exclusively on RJ's experience as a GC and how investors can best partner with contractors. RJ covers some of the most frequently asked questions investors have for GCs and how he handles different requests from investors. He showcases how his personal investing experience is a huge value-add to his clients and explains how to approach, vet, and manage contractors. Throughout the episode, RJ drops numerous jewels of wisdom on building quality relationships with contractors so that you can successfully take down your next rehab! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Also check out RJ's previous episode with his wife Nicky - https://www.straightupchicagoinvestor.com/podcast/episode-43-househacking-scaling-and-large-multifamily-deals-with-one-of-chicagos-best-power-couples Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: RJ DeLeon, EJC Partners Link: Book Recommendation Link: Brie Schmidt (Network Referral) Link: Jason Wagner (Network Referral) Link: Quality Builders (Network Referral) Sponsors: Kiser Group and Appeal.tax ----------------- Guest Questions 03:10 House Provider Tip: Be more specific in texts/emails to avoid miscommunication! 05:07 Intro to our guest, RJ DeLeon! 06:09 What is the one thing that contractors get asked most frequently? 08:30 What is RJ's strategy when estimating a construction job? 10:14 How does RJ consult investors on their construction scopes to get the best ROI? 13:28 How is RJ marketing his consulting services? 16:25 How does RJ handle requests to walk properties? 19:14 How can an investor most-effectively approach a contractor when requesting services? 23:26 What questions should an investor ask contractors to vet them? 31:07 How can an investor effectively keep tabs on a project to ensure progress is being made? 34:55 How can draw schedules be set up to protect both the investor and the contractor? 40:45 What is a mechanics lien? 42:40 How is RJ tracking scopes, schedules, and other elements of the project? Wrap Up Questions 44:59 What is RJ's competitive advantage? 45:50 One piece of advice for new investors. 46:47 What do you do for fun? 47:35 Good book, podcast, or self development activity that you would recommend? 48:36 Local Network Recommendation? 49:35 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Ever wonder how professional athletes are investing to set themselves up for life after their sports career? NFL Tight End Matt LaCosse joins us to shine light on this exact journey. Matt starts off by talking about how the skills required to be a professional NFL player translate to real estate investing. He explains why he came back home to Chicago to start his investing career. Matt dives into the lessons learned on his first C- class investment and how that changed his investment strategy. Mr. LaCosse talks about his current Naperville investments and closes with golden nuggets on building a team and setting yourself up for success as a new investor! 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: Matt LaCosse Link: Book Recommendations Link: Bibek Das (Network Recommendation) Sponsors: The Axon Group (EXP Realty) and Appeal.tax ----------------- Guest Questions 02:25 House Provider Tip: Consider other ways Real Estate makes you money aside from cash-flow during this tight inventory market! 05:01 Intro to our guest, Matt Lacosse! 06:30 How do skills required for the NFL translate into Real Estate investing? 07:02 How did Matt get into real estate? 08:42 How is the quality of the NFL financial literacy classes? 11:34 Why did Matt come back to Chicago to start investing? 12:53 How did Matt's first investment go? 14:44 What caused Matt to shift his investing to more developed neighborhoods? 17:45 How is Matt sourcing deals? 19:00 What is Matt's time allocation to real estate during the week while balancing his NFL career? 22:35 What type of precautions is Matt taking given the economic environment? 26:53 Has Matt considered syndicating deals with his teammates? 28:36 What is Matt's outlook on his real investing career? 32:33 Are there any other opportunities beyond Chicago? Wrap Up Questions 34:36 What is Matt's competitive advantage? 35:09 What is the one piece of advice for new investors looking to buy their first property in Chicago? 35:55 What do you do for fun? 36:41 Good book, podcast, or self development activity that you would recommend? 37:27 Local Network Recommendation? 38:15 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Perry Farella provides tangible numbers on a recent purchase and rehab project he financed. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella of Prime Lending Link: ttps://perryfarella.com/blog/ Link: https://www.straightupchicagoinvestor.com/podcast/episode-67-chicagoland-rehab-financing-without-using-hard-money-or-203k-loans ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Have you also been considering short-term rentals to increase your NOI?! Jessica Ryan joins us to share valuable knowledge on considerations when planning your short-term rental! Jessica starts off by explaining the main points of the Chicago Shared-Housing Ordinance and how to get a license for a short-term rental. She touches on notice requirements to other tenants, percentage of short-term rental rentals allowed within a building, and other limitations to consider when planning a short-term rental. Jessica closes by sharing some of the more interesting/goofy short-term rental stories that she has seen in her legal practice. Listen to this one closely so that you plan your short-term rental correctly and don't need Jessica to represent you in court! 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: Jessica Ryan from KSN Law Link: Network Recommendation (Tim Jacobs) Sponsors: Prime Lending and Appeal.tax ----------------- Guest Questions 02:28 House Provider Tip: Look out for leaks when turning on your water spigots this spring! 04:20 Intro to our guest, Jessica Ryan! 05:20 How did short-term rentals start in Chicago? 07:59 What are some of the requirements of the short-term rental ordinance? 14:23 How do you start the process to obtain a short-term rental license? 15:58 Are there any legal notices required to other long-term tenants when adding a short-term rental to a building? 20:40 What are some of the main points that cause application denials? 24:25 How many short-term rental units are allowed in multi-family buildings? 28:13 What are the requirements for individual room rentals? 30:40 What rights does a long-term landlord have on a tenant running an authorized short-term rental in their unit? 33:13 Any funny/interesting short-term rental stories? 37:15 Does Jessica foresee modifications to the Ordinance in the near future? Wrap Up Questions 40:20 What is Jessica's competitive advantage? 40:53 What is the one piece of advice for new investors looking to buy their first property in Chicago? 41:29 What do you do for fun? 42:31 Good book, podcast, or self development activity that you would recommend? 43:28 Local Network Recommendation? 44:17 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Wondering how you can invest in a niche asset class to reduce your competition? Brandon Schwab talks about how he is revolutionizing the Chicagoland Senior Living space and making it a very profitable investment. Brandon starts off by talking about his motivation to improve the Senior Living experience and the pitfalls he faced when starting out. He dives deep into the acquisition, rehab, and management of these Senior Living homes. He comments on the nuances of zoning, permitting, and appraisals on this asset class. on the volatility in the market and looks back on how the pandemic shaped what is happening today. Chris also gives an impactful outlook on Senior Housing as an investment including how the pandemic changed the industry and has uncovered the need for high quality Senior Housing providers! If you enjoyed listening to today's episode, please leave us a 5 star review and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Brandon Schwab from Shepherd Premier Senior Living Link: Book Recommendation Link: Podcast Recommendation Link: SUCI Merch Store Sponsors: Prime Lending and Appeal.tax ----------------- Guest Questions 03:30 House Provider Tip: Be aware of the Chicago Heat Ordinance that is still applicable even as the weather heats up! 04:50 Intro to our guest, Brandon Schwab! 06:50 What is a high-level overview of Brandon's Senior Living Homes business? 08:17 How did Brandon come up with his business idea? 12:49 What would be the first steps to start investing in Assisted Living Homes? 17:33 What are some of the pitfalls when getting started? 21:30 What do the rehabs of these Assisted Living homes consist of? 25:28 What does the on-going management look like? 27:57 How are these properties appraised? 33:12 What is Brandon's outlook on the Assisted Living Homes industry? 35:55 What are the Zoning and Permitting requirements for these types of properties? 37:19 Does the Village or Town that the property is in impact the requirements? 38:15 What are the financing/funding options for these properties? Wrap Up Questions 40:57 How has Brandon overcome challenges in this niche space? 42:13 What is the one piece of advice for new investors looking to buy their first property in Chicago? 43:40 What do you do for fun? 44:18 Good book, podcast, or self-development activity that you would recommend? 45:59 Local Network Recommendation? 46:45 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

As an investor, how do I get the attention of the most successful brokers in the Chicagoland area? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Noah Birk & Aaron Sklar of Kiser Group Link: Episode 23 of Straight Up Chicago Investor ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Interested in sharpening your education to propel your Chicago Real Estate Investments? Jessica Sivels explains the variety of resources that Community Investment Corporation (CIC) is providing. Jessica provides a brief summary of CIC's extensive experience and explains how CIC can be a value add to investors given their knowledge of Chicago. She dives deep into CIC's vast educational resources and how landlords can benefit greatly by investing in their education. Fair housing, property management, mixed-use buildings, and lending are among the few topics discussed on this value-loaded episode! 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: Jessica Sivels, Community Investment Corporation (CIC) Link: Jessica Sivels - Director of Education & Community Engagement - Community Investment Corporation | LinkedIn Link: Jessica's Facebook Link: The One Thing (Book Recommendation) Sponsors: Kiser Group, and Appeal.tax ----------------- Guest Questions 02:44 House Provider Tip: Be aware of power outages during this Spring season! 05:10 Intro to our guest, Jessica Sivels! 06:54 Who is CIC and how does Jessica fit into the corporation? 08:07 When did CIC start offering its educational resources? 10:09 Why did Jessica get involved with CIC? 12:57 What is the spectrum of CIC's educational resources and what are the topics with the most need for education? 18:33 What are the opportunities coming up in the mixed-use space? 21:55 Is CIC going to start in-person classes? 29:05 Are there new CIC education topics or tools on the horizon? 34:35 What are some lending advantages that CIC offers? Wrap Up Questions 41:17 What is Jessica's competitive advantage? 41:52 One piece of advice for new investors. 42:50 What do you do for fun? 43:12 Good book, podcast, or self development activity that you would recommend? 43:35 Local Network Recommendation? 44:28 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Looking for a user-friendly, innovative property management software? Today's guest Kerri Davis dives deep into how her software Fortress can help you take your investment management to the next level. Kerri jumps right in by explaining the shortcomings of other management softwares and how Fortress addresses those concerns. She talks about when it makes sense for an investor to transition to management software and describes the typical workflow within the Fortress interface. Kerri proudly elaborates on the innovative features of her platform, its user-friendliness, and transparency to help you accurately gauge the performance of your properties! 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: Kerri Davis, Fortress Technology Solutions Link: Kerri Davis' LinkedIn Link: Start With Why (Book Recommendation) Link: Sabrina Wottreng (Network Recommendation) Sponsors: Kiser Group, and ClickInvest ----------------- Guest Questions 03:57 House Provider Tip: Consider artificial grass, mulch, or rocks instead of natural grass to reduce maintenance on your properties! 06:29 Intro to our guest, Kerri Davis! 07:45 How did Kerri get into real estate? 08:45 What did Kerri's first property management role involve? 10:06 What were the pitfalls of older property management softwares and how are new softwares addressing those concerns? 13:42 What were some of the main pain points that led Kerri to develop her software, Fortress PropTech? 16:40 At what point or unit count does it make sense for a landlord to switch over to a property management software? 21:57 Kerri describes the typical workflow when using her software. 25:50 How does a platform like Fortress help build and strengthen the relationship between landlords and tenants? 28:09 What does the future development of Fortress look like? 32:17 Can a CRM be integrated into Fortress? 34:08 What pricing can users expect for the software and what factors impact pricing? Wrap Up Questions 36:17 What is Kerri's and Fortress' competitive advantage? 37:35 One piece of advice for new investors. 38:39 What do you do for fun? 39:18 Good book, podcast, or self development activity that you would recommend? 40:13 Local Network Recommendation? 40:55 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Mike Scanlon walks us through the numbers, rationale, and challenges of a recent househack in Elgin. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Scanlon from The Axon Group (EXP Realty) ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Ever wonder what goes into planning a multi-billion dollar equitable development and how those principles can be applied to your investing? Morgan Malone joins us to break down how this can be accomplished while maintaining the character of a neighborhood. Morgan provides a history of the Bronzeville Lakefront Planned Development and a behind-the-scenes look into overcoming challenges associated with planning such a large-scale development. Morgan explains the multiple parties involved in such a large development and how she successfully works across multiple stakeholders, and ensures the community needs are being met. Morgan provides a strong, fact-based stance on the quality of the Bronzeville neighborhood and speaks to the challenge of planning equitable development while preserving the community's character and history. She closes with jewels of wisdom on building relationships within your community rather than solely focusing on the transactional elements of investing! If you enjoyed listening to today's episode, please leave us a 5-star review and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Morgan Malone of Farpoint Development Link: Farpoint Team Link: Morgan's LinkedIn Link: Bronzeville Lakefront Project (City Page) Link: Disco Demolition Night (Podcast Recommendation) Sponsors: Kiser Group, and Appeal.tax ----------------- Guest Questions 05:06 House Provider Tip: Optimize floor plans when possible particularly if gut-rehabbing units! 07:10 Intro to our guest, Morgan Malone! 08:30 What is Morgan's background? 09:42 What is the background on the Bronzeville Lakefront Development project (former site of Michael Reese Hospital and Medical Center)? 13:43 What are the challenges of formulating and working with a team on large development projects? 16:13 How much direction did the City provide during the RFP process for the Bronzeville Lakefront project? 18:52 Was there any push back from the community on this planned development? 29:00 How did Morgan's team market such a large scale project to the community? 38:42 How would Morgan respond to someone questioning the quality of the Bronzeville neighborhood? 41:10 What have been the biggest unforeseen obstacles on this Bronzeville Lakefront project? Wrap Up Questions 54:55 What is Morgan's competitive advantage? 55:34 What is the one piece of advice for new investors looking to buy their first property in Chicago? 56:29 What do you do for fun? 57:00 Good book, podcast, or self development activity that you would recommend? 57:46 Local Network Recommendation? 58:25 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Return guest (Episode 15) John Casmon drops in to share golden nuggets on how he separates himself from the competition in this tight market! John starts off by reminding us of his humble real estate beginnings which came via a house hack in the North Center neighborhood of Chicago. He explains how his flipping experience helped propel his growth despite facing adversity. John provides tips on how investors can create opportunities and separate themselves from their competition in this highly competitive environment. Mr. Casmon shares practical advice on deal screening, approaching investors for syndication deals, and finding a mentor/coach! 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: John Casmon, Casmon Capital Link: Capital Impact Club (Coaching) Link: Multifamily Insights Podcast Sponsors: Kiser Group, and Appeal.tax ----------------- Guest Questions 03:09 House Provider Tip: Watch out for fraudulent rental applications! 05:44 Intro to our guest, John Casmon! 07:14 How does a newer investor get involved in multi-family real estate? 11:22 Why did John decide to get into flipping properties? 17:41 What experience did John gain flipping properties? 23:33 What motivated John to keep going after his struggles with flipping? 30:14 How can investors create deal opportunities in this limited supply market? 34:22 How can investors balance valuing properties based on current value compared to future value? 37:33 How do John and his team screen deals? 39:18 What is the difference between syndicating and joint-venturing a real estate deal? 42:31 What is it like to approach investors with a deal? 47:15 What's the best way to get connected with a mentor/coach? 49:39 What made John start his podcast and how has it helped his growth? Wrap Up Questions 52:40 What is John's competitive advantage? 52:57 What is the one piece of advice for new investors looking to buy their first property in Chicago? 53:49 What do you do for fun? 54:02 Good book, podcast, or self development activity that you would recommend? 55:12 Local Network Recommendation? 55:50 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What is a condo deconversion and how can investors benefit from purchasing a deconversion opportunity? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jake Parker & Andy Friedman from Kiser Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Interested in Modular Housing? Josh Braun explains modular housing and how he's been able to be a pioneer in Chicago Modular Housing Construction. Josh starts off by talking about his start in real estate and his early interactions with the City's Building Department. He discusses the specs of his different finished products and lessons learned that have helped him evolve his business. Josh shares how he was able to be a pioneer in Chicago's modular construction housing space. He closes by providing insight on 3D printing and the future of housing construction. If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Josh Braun, from Kinexx Modular Construction Link: Book Recommendation: The Machine That Changed the World Link: Local Network Recommendation: Jim Darrow of Essex Realty Sponsors: Kiser Group, and GC Reality ----------------- Guest Questions 03:45 House Provider Tip: Do your due diligence on the HOA of condos and townhomes! 05:41 Intro to our guest, Josh Braun! 06:59 How did Josh get into real estate? 19:06 Josh's story of receiving a stop work order from the City of Chicago. 20:32 How does modular housing work from an economic standpoint (i.e. how is this profit margin created when it's intended to be affordable housing)? 22:35 What is the definition of a modular home? 23:45 What are the standard specs on a finished modular home by Kinexx? 26:03 Are the homes built on slabs and is there any evidence that they are modular homes compared to traditionally built homes? 26:56 What did Josh learn on his first modular home project that helped him evolve his business? 29:45 Where is Josh building these modular homes? 31:41 How are end users finding Josh's modular homes and how are they financing the homes? 34:52 What were the initial challenges with Alderman and elsewhere to get started? 39:00 What is Kinexx's standard build and how does Kinexx interact with the end user? 40:40 What is unique about building modular homes in Chicago? 42:40 Is 3D printing on Josh's radar and how can 3D printing impact modular homes building? 45:09 What is Josh seeing from his competition? Wrap Up Questions 49:22 What is Josh's competitive advantage? 49:49 One piece of advice for new investors. 50:24 What do you do for fun? 50:55 Good book, podcast, or self development activity that you would recommend? 51:35 Local Network Recommendation? 52:35 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Did you know that you can raise or deploy funds found in IRAs to invest in Real Estate? Adam Sypniewski joins us to break down how this can be accomplished. Adam kicks things off by defining an IRA and explaining the limitations when withdrawing IRA funds. He dives into the different ways investors can leverage their IRA funds or someone else's funds to invest in real estate. Adam talks about rules and regulations along with things to consider when using IRA funds in partnerships. He closes with pitfalls to avoid when structuring a deal involving an IRA so you can be prepared to implement this strategy! If you enjoyed listening to today's episode, please leave us a 5 star review and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Adam Sypniewski from Midland Trust | LinkedIn | Email Adam ([email protected]) Sponsors: Kiser Group, GC Reality, and Prime Lending ----------------- Guest Questions 02:10 House Provider Tip: Plan ahead and knock out spring projects! 04:50 Intro to our guest, Adam Sypniewski! 06:00 How did Adam start working in the IRA space? 07:10 What is an IRA? 09:15 What are the rules and limitations of pulling funds out of your own IRA? 10:43 Why would someone want to pull from their IRA to use their capital in real estate? 12:42 How have IRAs been around? 14:13 What are the limitations of investing through an IRA compared to any other money market? 16:28 What opportunities/options are there for individuals wanting to use their IRAs to invest in real estate? 20:20 How does funding a deal with an IRA differ from having liquid funds to acquire a property? 21:54 How can investors be on the debt-side or equity-side of deals when investing with their IRAs? 24:58 Aside from ensuring there is a papertrail, any other requirements investors should be aware of when investing with their IRA? 27:34 Is there a specific demographic investors who are looking for private capital should be targeting? 29:27 What are an IRA's typical repayment terms? 33:46 How do distributions for repayment to an IRA work in partnerships? 36:23 What happens if IRA funds are lost? 38:20 While an investor is holding a property in their IRA, the traditional real estate tax benefits do not apply, correct? 39:37 Any other tips for investing with your IRA? Wrap Up Questions 40:22 What is Adam's competitive advantage? 41:42 What is the one piece of advice for new investors looking to buy their first property in Chicago? 42:11 What do you do for fun? 42:36 Good book, podcast, or self development activity that you would recommend? 43:13 Local Network Recommendation? 43:40 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Jake Fugman walks us through the numbers, rationale, and challenges of a recent househack in Hermosa that our listeners can learn from. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jake Fugman, The Axon Group (EXP Realty) ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Want to know how to take your real estate marketing to the next level to grow your business? Our guest Aram Ghazaryan provides insight on how to differentiate yourself from your competition! Aram explains his tremendous story of how he got into real estate at the young age of 21 and methods used to achieve great success after 5 years in the business! He shares how to consistently put out engaging social media content and the importance of connecting with followers on an emotional level. He talks cold-calling as a new agent, flipping for the first time, and becoming a source of knowledge for many Chicago neighborhoods and its suburbs. Aram closes by talking about how he is executing real estate transactions and how he is able to be an asset for his clients! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Aram Ghazaryan from RE/MAX | Instagram | Aram's Other Pages Sponsors: Kiser Group, GC Reality, and Prime Lending ----------------- Guest Questions 03:41 House Provider Tip: Be mindful that the higher rents that come with the CHA Mobility Program can go away - underwrite deals using market rents! 04:10 Intro to our guest, Aram Ghazaryan! 06:05 How is volatility being seen in the lending market? 07:04 How did Aram decide to jump into real estate at the young age of 21? 09:25 How did Aram's perspective on opportunity for success change when he moved to the United States? 10:47 What were Aram's first thoughts on Chicago? 12:23 How did Aram get his first deal as a broker? 13:55 What are some of the lessons learned from cold calling? 16:05 How did Aram develop his social media marketing? 20:22 How is Aram translating his following on social media to his real estate business? 23:40 How did Aram acquire knowledge on so many different suburbs? 25:10 How does an introvert work up the courage to put themselves out there for marketing? 27:44 How is Aram translating lead generation to being an asset and executing for his clients? 32:22 How does Aram deal with buyers looking to low-ball sellers and how does he set expectations? 34:34 Is Aram doing all the marketing himself or outsourcing? 35:52 How did Aram start flipping and what are some of the lessons learned so far? 40:28 What are the projected numbers on Aram's first flip? Wrap Up Questions 43:38 What is Aram's competitive advantage? 44:56 What is the one piece of advice for new investors looking to buy their first property in Chicago? 45:22 What do you do for fun? 45:55 Good book, podcast, or self development activity that you would recommend? 47:11 Local Network Recommendation? 48:34 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Return guest Chris Puleo drops in to share a lending market update! Chris starts off by commenting on the volatility in the market and looks back on how the pandemic shaped what is happening today. He explains "bait and switch" and the questions you should be asking your mortgage lender. Chris dives deep into the different loan programs available in today's market. Chris also delivers Chicago-specific advice on how to navigate the loan process when dealing with non-conforming units! If you enjoyed listening to today's episode, please leave us a 5 star review and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chris Puleo, Neighborhood Loans Link: SUCI Merch Store Sponsors: Kiser Group and GC Reality ----------------- Guest Questions 02:33 House Provider Tip: Be aware of freeze and thaw cycles during the Spring season! 04:10 Intro to our guest,Chris Puleo! 05:40 How is volatility being seen in the lending market? 07:37 How did the pandemic create artificially low interest rates? 09:18 Why does inflation increase interest rates? 11:02 Chris explains "float down" options as it relates to interest rates. 13:05 Are there any good indicators for trying to project the direction of interest rates? 16:06 What is "bait and switch" and what should people watch out for? 19:35 Is Chris seeing a lot of new real estate agents and lenders in this hot market? 24:05 What are other low-down payment options aside from FHA? 26:42 How do "gifts" work in the lending industry? 28:33 What COVID restrictions were previously in place that lenders have lifted? 30:30 What do the requirements look like for self-employed individuals seeking a loan? 32:45 What are some of the programs for investment loans? 35:15 What are things to consider when looking to purchase a building with a non-conforming unit? 38:54 Is there a premium paid for a cash-out refinance compared to a rate-and-term refinance? Wrap Up Questions 43:20 What is Chris' competitive advantage? 44:14 What is the one piece of advice for new investors looking to buy their first property in Chicago? 44:23 What do you do for fun? 45:17 Good book, podcast, or self development activity that you would recommend? 45:47 Local Network Recommendation? 46:42 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

What are the many factors investors must consider if they are looking to sell in this hot market? (And buyers need to know this info as well!) Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Ron Plonis & Jeff Leibovich from Kiser Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.