Straight Up Chicago Investor

Ever wonder what it takes to convert a condo building into rental apartments? Sean Connelly of 33 Realty explains the ins and outs of deconverting condos as an investment strategy. Sean starts by defining basic terms and the strategy associated with deconverting condos. He then dives into the more technical aspects of underwriting and handling negotiations with owners and associations. Sean closes out the episode by forecasting the future of condo deconversions in Chicago and explains why he is bullish on the "Capital of the Midwest". If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sean Connelly from 33 Realty Link: Sean Connelly | 33 Realty Sponsors: ClickInvest and Kiser Group ----------------- Guest Questions 02:56 House Provider Tip: Ensure that property condition and cost of unit turn-overs is properly being taken into account! 06:10 Intro to our guest, Sean Connelly! 07:37 What is a condo deconversion? 08:48 What is driving the surge of condo deconversions? 10:05 What is a T-12 (i.e. trailing 12 months of expenses)? 10:53 What are the expectations from the HOA during this deconversion process? 11:57 How did Sean and his group get into condo deconversions? 14:24 What is the acquisition strategy? 15:35 What type of timeframe can be expected to deconvert? 18:47 How are tenants treated when purchasing a rented condo to deconvert? 21:04 What is the process like when dealing with owner-occupants who likely won't be in favor of deconverting? 22:44 How are taxes underwritten when deconverting? 24:07 Is there a typical strategy as it relates to separating utilities, updating mechanicals, etc? 27:31 Sean walks through the high-level process of deconverting. 31:10 How are meetings with a larger group of owners/investors handled? 32:49 How are special exceptions and general negotiations handled? 37:26 Are people generally looking to purchase multiple condos in smaller buildings to have a larger share of ownership? 38:47 What does the future look like for this condo deconversion strategy? Wrap Up Questions 42:09 What is Sean's competitive advantage? 42:29 One piece of advice for new investors. 42:48 What do you do for fun? 43:20 Good book, podcast, or self development activity that you would recommend? 43:40 Local Network Recommendation? 44:15 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.

Think it's possible to scale to 80 rental units while working a W2 job? We know it sounds tough, but our guest David Pezzola explains how he did that and then continued on to build a massive portfolio! David shares insights on how was able to grow and manage his large portfolio while having his W2 job. He then talks about his post W2 investment journey including his acquisition strategy and lessons learned. David closes out with why Chicago is the "mutual fund" of cities and why he continues to be bullish on investing here! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: David Pezzola, from Icarus Investment Group Link: Rich Dad Poor Dad (Book Recommendation) Link: Chris Puleo (Lender) Sponsors: GC Reality and Kiser Group ----------------- Guest Questions 02:42 House Provider Tip: Seal holes/gaps inside and outside your property to prevent animals from getting in! 04:54 Intro to our guest, David Pezzola! 05:40 How did David get to 80-units and how did he balance owning that many units while working a W2? 07:56 How was David financing his deals while scaling? 09:38 Does David see similarities between the West Loop prior to its emergence and any neighborhoods currently? Why did David hold on to his W2 for as long as he did? 12:12 After establishing a credit line to allow for acquisition/scale, what was the next step? 14:48 What was the extent of the rehab when beginning to scale? 19:13 What goes into making a condo warrantable? 21:02 What are some of the lessons learned while David was scaling? 25:09 What were some of the management challenges in the south side of Chicago? 28:36 How has David's group improved management efficiencies? 30:50 How did David purchase 300 units near Midway Airport? 34:45 What advice would David give to new investors on Section 8 rentals? 37:10 Why is David still bullish on the south side and on Chicago in general? Wrap Up Questions 45:56 What is David's competitive advantage? 48:16 One piece of advice for new investors. 50:26 What do you do for fun? 52:25 Good book, podcast, or self-development activity that you would recommend? 53:45 Local Network Recommendation? 56:15 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.

How is inflation affecting the Chicagoland market? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Danny Mantis & Matt Halper from Kiser Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Thought about taking down a mixed-use building to improve your neighborhood's streetscape? Not sure where to start? Our guest Nicholas Katsafados explains how he found a niche in mixed-use buildings and what other things he is doing to contribute to redevelopment in his neighborhood! Nicholas provides insight on how investing in mixed-use buildings differs from other types of buildings. He talks about neighborhoods and Wards along with the political implications. Nicholas elaborates on the importance of understanding Zoning and how this could be your competitive advantage. He closes out the episode with a fact-driven explanation for why higher-density Zoning helps neighborhoods emerge and the argument of this causing displacement of residents is not as drastic as portrayed in the media! 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: Nicholas Katsafados from Cobblestone Realty Group Link: Chicago Fair Housing Link: Cook County Just Housing Amendment Link: Avondale Bowl Sponsors: ClickInvest and Kiser Group ----------------- Guest Questions 03:22 House Provider Tip: Screen tenants consistently - abide by Fair Housing Laws! 05:05 Intro to our guest, Nicholas Katsafados! 06:15 How did Nicholas get started in investing here in Chicago? 07:43 How did Nicholas transition from his starting point of buying a condo to larger redevelopment projects? 10:55 Where is Nicholas focusing his investing today? 11:45 How do the financing requirements on mixed-use buildings differ from requirements on other types of buildings? 13:25 Any tips or advice for finding contractors to do facade work on mixed-use buildings? 15:25 What is the difference between a neighborhood and a Ward? 18:17 Are there any positives to how the Wards are delineated? 21:37 What role do Aldermen play in Zoning within their Wards? 23:32 What are some examples of how Zoning rulings impact development? 29:46 How can we as investors take action to address some of these political headwinds? 31:03 What are other ways investors can make their case when seeking support on their project's Zoning? 34:42 How can there be a balance between neighborhood development and retaining existing residents? 41:26 What is Nicholas' outlook on Chicago? Wrap Up Questions 44:30 What is Nicholas' competitive advantage? 46:25 What is the one piece of advice for new investors looking to buy their first property in Chicago? 47:40 What do you do for fun? 48:01 Good book, podcast, or self development activity that you would recommend? 49:04 Local Network Recommendation? 49:55 How can the listeners learn more about you and provide value to you? That's our show. Thanks for listening to another great episode! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Wondering who is partnering with big developers to sell and lease their finished product? Our guest Aaron Galvin explains how his company is capturing a large market share in this space! Aaron provides insight on how his company's focus on people and relationships has led to tremendous growth. He talks about the mistakes he made while growing his business and how he had to learn to "elevate and delegate". Aaron elaborates on the importance of building a team that is aligned in its core values and vision. He closes out the episode with reasons for why he is bullish on our great city of 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: Aaron Galvin from Luxury Living Chicago Realty Link: Aaron Galvin | CEO | Luxury Living Chicago Realty Link: The Messy Middle Sponsors: GC Reality and Kiser Group ----------------- Guest Questions 03:30 House Provider Tip: Prevent moisture and freezing on lockboxes by planning accordingly! 05:55 Intro to our guest, Aaron Galvin! 07:17 What was the original mission of Luxury Living Chicago? 09:20 What were some mistakes that Aaron made while scaling his business? 18:47 How did Luxury Living Chicago make a name for themselves to grow to the scale that they have? 25:05 What were some of the biggest challenges Aaron faced while growing his business? 33:55 How is Aaron connecting with big developers? 39:40 How is Aaron communicating opinions of value to his clients? 42:56 Why is Aaron bullish on Chicago despite the negative press it gets? Wrap Up Questions 46:41 What is Aaron's competitive advantage? 47:27 What is the one piece of advice for new investors looking to buy their first property in Chicago? 47:57 What do you do for fun? 49:02 Good book, podcast, or self development activity that you would recommend? 50:00 Local Network Recommendation? 50:50 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 should buyers expect in 2022? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Rosario Terracciano from Clickinvest Link: AttomData.com ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Can't find a deal in this Chicago Real Estate Market? You are not alone! John Warren of Presto Properties joins us to discuss how he acquired his 3 most recent properties. John discusses properties he purchased in Bellwood, Albany Park, and Cicero. He shares how he acquired each deal, the strategy implemented, the nuances, and lessons learned. While breaking down the deals, John elaborates on partnerships, stabilized vs. value-add properties, and how he is growing his team to continue to scale efficiently. Lots of golden nuggets in this episode from one of Chicagoland's finest! 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 Warren from Presto Properties Link: Get Rich Education Podcast Link: Yan Pesotskiy LinkedIn (Local Network Recommendation) Sponsors: GC Reality and Kiser Group ----------------- Guest Questions 03:18 House Provider Tip: Use the time-stamp camera app! 04:50 Intro to our guest, John Warren! 07:30 Deal #1 - How did John find his Bellwood deal? 09:29 Why did John sell his previous building and use a 1031 exchange to buy the Bellwood building? 11:40 How did John get familiar with Bellwood and what went into the due diligence process? 13:03 What's the permitting process like in Bellwood? 14:35 What were the lessons learned on the Bellwood property? 15:55 Deal #2 - How did John find his Albany Park deal? 17:25 What are the main differences between buying stabilized properties compared to value-add properties? 18:43 What are some things to consider when determining whether or not to enter into a partnership?. 20:50 How is John structuring his partnerships? 21:39 What was John's outlook when recently making the decision to buy a stabilized multi-family compared to value-add? 24:40 Is John outsourcing management or keeping it in-house? 27:17 What were the lessons learned on the Albany Park property? 28:57 Deal #3 - How did John find his Cicero deal? 30:42 What was the background on the deal? 31:48 How did John assess the risk of buying the building sight unseen? 33:00 What are the numbers on this deal? 35:42 How has John handled tenants when coordinating the heavy rehab of the building? 37:00 How to get existing tenants to relocate when they are currently paying substantially below market rent? 39:45 What were the lessons learned on the Cicero property? 41:25 What are John's plans for his local meetup in 2022? Wrap Up Questions 43:00 What is John's competitive advantage? 46:33 One piece of advice for new investors. 47:04 What do you do for fun? 47:28 Good book, podcast, or self development activity that you would recommend? 48:00 Local Network Recommendation? 48:42 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.

Dr. Brad Hunt of Loyola University's Department of History joins the show to educate us on the complicated history of Chicago's Public Housing developments and why real estate investors should care. Brad is the author of Blueprint for Disaster, in which he traces Chicago's Public Housing history and transformation under various government administrations. Leveraging this knowledge of poorly operated public housing in Chicago, Brad is able to share what he would do differently and how investors can use this knowledge to be better 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: Brad Hunt, Loyola University Chicago Department of History Link: Blueprint for Disaster: The Unraveling of Chicago Public Housing Link: Loyola University Chicago's Department of History Sponsors: Pentwater Cabinetry and Kiser Group ----------------- Guest Questions 02:25 House Provider Tip: Thoroughly screen tenants and ask for additional documentation (tenant will always provide info that makes them look good)! 05:30 Intro to our guest, Brad Hunt! 06:38 How did Brad select his career path? 08:38 What is the high-level overview of Brad's book, Blueprint for Disaster, and why did he write it? 13:00 What are some examples of "cost-cutting" used in Chicago Public Housing that had significantly negative impacts? 16:10 How did Public Housing begin to get a negative stigma? 20:54 How did screen changes impact the feel of Public Housing? 22:50 What tenant mix would be ideal to optimize how Public Housing runs? 26:20 How did Chicago Public Housing maintenance costs compare to other cities? 34:13 What was going on in Public House leading up to the crack cocaine epidemic in the 1990s? 40:50 Why are certain Public Housing developments being preserved while others have been torn down? 42:52 What would Brad change about the way Public Housing is run today? Wrap Up Questions 45:44 What is Brad's competitive advantage? 46:04 What is the one piece of advice for new investors looking to buy their first property in Chicago? 46:31 What do you do for fun? 47:12 Good book, podcast, or self development activity that you would recommend? 48:34 Local Network Recommendation? 49:42 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 new 2022 conventional and FHA loan limits? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella of Prime Lending ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Thinking about buying Real Estate or a Yacht in the Metaverse? Want to learn more about the Metaverse, Blockchain, and other innovations that will impact your real estate strategy? This episode will scratch that itch! Simon Enwia of Flawless Homes shares mind-blowing insight on developing technologies in real estate! Before jumping in, Simon lays out his background as a Chicago investor and breaks down the nuances and hidden-value in mixed-use buildings. He then transitions into the concept of Tokenization and how this will affect the general public. Simon closes out by explaining Real Estate in the Metaverse and what we can expect to see in the future! 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: Simon Enwia, from Flawless Homes | LinkedIn Sponsors: Kiser Group and ClickInvest ----------------- Guest Questions 02:45 House Provider Tip: Stop using mailboxes with keys if possible! 04:20 Intro to our guest, Simon Enwia! 05:10 How did Simon start investing in Chicago? 06:19 What was the first big "scary" project that Simon worked on? 08:06 What are the nuances of mixed-use buildings? 10:45 How did Simon get into mixed-use buildings? 12:00 What is the history of Flawless Homes? 12:57 Why should investors care about Blockchain and does it impact real estate? 16:13 How will Blockchain impact real estate agents and brokerages? 19:00 What is the potential of Blockchain in the real estate market? 20:34 What is the definition of Blockchain? 22:34 What is Tokenization? 24:41 How will Tokenization help the general public and their ability to get involved in real estate? 25:46 How are "Tokens" different from shares or stocks? 26:55 What are some real estate inefficiencies that will get eliminated because of Blockchain and other technologies? 28:35 What other technological advances should investors be mindful of? 29:50 What is the Metaverse in real estate? 31:41 Simon's final thoughts and tips on real estate in the current market and moving forward. Wrap Up Questions 32:58 What is your competitive advantage? 33:17 What is the one piece of advice for new investors looking to buy their first property in Chicago? 33:27 What do you do for fun? 34:07 Good book, podcast, or self development activity that you would recommend? 34:29 Local Network Recommendation? 34:58 How can the listeners learn more about you and provide value to you? Thanks for tuning in! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

New development strategies, hot Chicago areas, derivative financing trading, long-term holds, and an Englishman! This episode is packed with nuggets across the board. With a background in finance and derivatives trading, Lawrence Dunning has shifted his analytical skills to real estate and is making a name for himself by linking developers to long-term investors before inventory hits the market. Lawrence explains how the pandemic has affected the economy and real estate in Chicago. We had him drop street-level knowledge on areas that he's bullish on and directing his buyers towards. He also talks about the value of new construction buildings and how they compare to rehabbed buildings. He closes out the episode with how to project taxes on new construction and some pretty amazing stories on his background! 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: Lawrence Dunning, Main Street Real Estate Group Link: Lawrence Dunning LinkedIn Link: Enter the Lionheart Podcast Sponsors: Kiser Group and ClickInvest ----------------- Guest Questions 03:37 House Provider Tip: Be sure to check up on properties during these frigid cold days/weeks of the year! 05:47 House Provider Tip: Intro to our guest, Lawrence Dunning! 06:58 How has the pandemic impacted our economy and the asset classes? 08:41 Why did Lawrence choose to dive into real estate out of all the asset classes? 13:54 In retrospect, what areas of the city and what types of real estate had noticeable changes as a result of the pandemic? 15:50 What is Lawrence's business model and what areas is he focusing on? 19:08 How is Lawrence finding inventory for his clients in hot areas like Pilsen? 22:58 Where would Lawrence take a new investor who can't buy a new construction, but is looking for a solid but attainable investment? 25:15 Who is buying new construction buildings and how does new construction compare to rehabbed buildings? 28:50 What other areas is Lawrence seeing with good investment opportunities? 33:50 What are some signs or things to look for in an area that is or will be experiencing development? 38:54 What is the approximate cost per square foot of new construction? 41:18 How to estimate taxes on new construction? Wrap Up Questions 47:21 What is Lawrence's competitive advantage? 48:32 What is the one piece of advice for new investors looking to buy their first property in Chicago? 49:57 What do you do for fun? 52:10 Good book, podcast, or self development activity that you would recommend? 54:18 Local Network Recommendation? 55:45 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 a buyer, how can I find wholesalers, get them to work with me, and what should I expect throughout the process? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Blake McCreight of Express Property Solutions ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

On today's episode, our guest Tom Benedetto explains how the Chicagoland Apartment Association (CAA) is a strong voice in the fight for fair and lawful protection of Housing Providers across Chicagoland. Tom shares CAA's mission statement, the issues they are currently tackling, and the biggest challenges in the push for advocacy. Lastly, Tom closes with the goals that CAA has for the near future and how investors can get involved to support the fight. Listen in and if you find value in today's episode, please leave us a 5-star review and recommend us to a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Tom Benedetto, Chicagoland Apartment Association Link: Freakonomics Podcast - Why Rent Control Doesn't Work Link: Shape Illinois - Supporting Housing Affordability, Progress, and Equality Link: The On-The-Way Delivery Platform | Roadie, A UPS Company Sponsors: Kiser Group and ClickInvest ----------------- Guest Questions 03:16 House Provider Tip: Setup keys or electronic access for maintenance purposes to avoid unnecessary trips to your property. 06:30 What is the CAA? 08:04 What does CAA do for investors? 09:43 At which point does it make sense for an investor to become a member of CAA? 10:44 What makes you passionate about this work? 12:39 What issues does CAA advocate for and take a lead on? 14:06 How does CAA work alongside other real estate advocacy organizations? 18:39 How do the recently passed Rent Control Referendums in the Twin Cities impact CAA's work? 19:49 What is Rent Control and what are the real reasons investors are against it? 21:38 What are the main topics/issues that CAA is currently focusing on? 23:15 How is CAA effectively communicating with busy legislators to ensure they are being heard? 24:51 What are the biggest challenges that CAA faces during their daily work? 26:40 What other resources does CAA have that investors could use for education? 28:40 What would Tom like to see CAA accomplish 5 years from now? Wrap Up Questions 31:04 What has been your competitive advantage? 31:50 One piece of advice for new investors. 32:29 What do you do for fun? 33:30 Good book, podcast, or self development activity that you would recommend? 34:37 Local Network Recommendation? 35:25 How can the listeners learn more about you and provide value to you? That's our show! Thanks for tuning in! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Wondering if it's time to jump into the Chicago Real Estate Market? Brie Schmidt provides a recap of the 2021 market and dives into the current trends and expectations for 2022. Brie explains how low inventory has impacted the market and how buyers have had to readjust their expectations. She also discusses lending challenges on properties in her area of expertise, Chicago's North Side. Brie drops street-level knowledge on neighborhoods and how buyers in different life stages are choosing where to invest. 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: Brie Schmidt of Second City Real Estate Link: Getting Things Done (Book Recommendation) Sponsors: Kiser Group and Pentwater Cabinetry. ----------------- Guest Questions 00:58 Negotiation tips to facilitate your transactions. 04:17 House Provider Tip: Choose a discreet location for your lockboxes to avoid break-ins! 06:50 What was the most surprising part of 2021? 09:30 How have buyers been reacting to the lack of inventory and how is inventory today? 12:20 How is Brie handling buyers and helping them purchase investment properties during a hot seller's market? 18:28 What is the common dilemma buyers wrestle with in this seller's market and what's an alternative perspective they can take? 21:00 How is the conversation on a purchase different when comparing house hackers to straight up investors? 23:10 How have lending and rates changed during this hot market and the pandemic? What have been some of the challenges? 27:17 What neighborhoods saw the largest growth in 2021? 30:30 How have some fringe neighborhoods changed over recent years? How do buyers reset their tenant expectations in these areas? 34:38 Considerations investors should have when analyzing buildings with deferred CapEx and maintenance. 36:26 What are Brie's thoughts on the City's issues with taxes, pensions, and crime? 43:42 Other perspective changes buyers can/should make in today's market? 46:51 What neighborhoods are over-inflated? Wrap Up Questions 48:57 What is Brie's competitive advantage? 49:34 One piece of advice for new investors. 50:27 What do you do for fun? 51:58 Good book, podcast, or self development activity that you would recommend? 52:20 Local Network Recommendation? 53:48 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.

How are lenders handling ADU requests from investors looking to add a legal unit to an existing property? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella of Prime Lending | Perry's Blog ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

World Relief Organization (WRO) Chicagoland is a humanitarian organization whose focus is to aid refugees and immigrant families in finding housing and rebuilding their lives in Chicago. As a Chicagoland housing provider, there is not only good that you can do by partnering with WRO, but you can also benefit from a stream of applicants with specified subsidies. Today WRO's own Susan Sperry and Nathan White talk about the organization's mission, services, challenges with resettling families, and how others can provide value to WRO. It's easy to focus on goals that serve our own needs, but our guests share great ways that investors and landlords can help a bigger cause while sustaining a profitable business. Listen in to learn how WRO is providing tremendous value to refugees and how it may tie into your business goals. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Susan Sperry and Nathan White of World Relief Organization Chicagoland Link: The Neighbor Project Link: The Lead Stories Podcast Link: Questions on Specific Housing or Opportunities with WRO Link: Questions for Nathan Sponsors: Kiser Group and Pavlovcik Architecture. ----------------- Guest Questions 01:51 House Provider Tip: Submit an FOIA request as part of your due diligence during the buying process. 03:50 Quick background on Susan and Nathan and how they ended up on the podcast. 06:20 Who is the World Relief Organization (WRO) and what is their mission? 08:28 What are the services that WRO provides? 10:21 What large refugee surges have there been in Chicagoland recently and historically? 12:55 How are refugees chosen to resettle in Chicago? 14:48 How can investors and housing providers be of assistance to WRO? 16:15 Why aren't more landlords contacting WRO to fill vacancies and what are the challenges when trying to find housing for refugees? 21:58 Is there any specific type of housing or location that WRO is searching for? 25:10 How is WRO helping refugees with education? 29:12 What are other ways that listeners can provide value to WRO? 31:26 What is the typical housing size that WRO is searching for and how is WRO funded? Wrap Up Questions 32:18 What is the competitive advantage of WRO? 33:07 One piece of advice for anyone looking to work with WRO. 33:40 What do you do for fun? 34:13 Good book, podcast, or self development activity that you would recommend? 34:51 Local Network Recommendation? 35:25 How can we learn more about you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

So what happened in the Chicago real estate market in 2021 and where are we headed in 2022? Our guests today, Casey Smagala and Steven Vance both of Chicago Cityscape, are here to share data you won't want to miss. Casey and Steven explain how their data aggregation software allows them to efficiently analyze neighborhoods and identify paths of progress. They present which areas in Chicago with planned developments that they are bullish on, and also provide insight on Additional-Dwelling Units (ADUs) and how the Pilot Program has unfolded since its inception. Casey and Steven close by providing their outlook on Chicago Real Estate and explain how the fundamentals to continuing growing are in place! Tune in to learn how Chicago Cityscape can help you save time and give you a competitive advantage when researching your next project! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Casey Smagala and Steven Vance of Chicago Cityscape Link: Chicago Cityscape Link: Chicago for Chicagoans Link: INVEST South/West Link: City of Chicago :: Additional Dwelling Units (ADU) Ordinance Sponsors: Pentwater Cabinetry and Pavelchak Architecture ----------------- Guest Questions 02:20 House Provider Tip: Ensure that tenants' holiday decorations are being taken down and cleaned up in a timely manner! 05:20 What is Chicago Cityscape and who uses the software? 06:20 What is the advantage of using Cityscape? 08:15 What areas in Chicago saw the highest increases in sales and development in 2021? 11:15 Were Casey and Steven able to foresee any trends given available data? 12:30 What were the biggest surprises in 2021 after reviewing the data and what are the implications of converting a non-conforming unit into an Additional-Dwelling Unit (ADU)? 18:22 What areas in Chicago still have room to grow? 22:15 What are overlooked data points when trying to find hidden value in properties? 25:18 How did the 5 ADU pilot areas get selected? 28:55 Is Cityscape beneficial to smaller investors or who can benefit from Cityscape? 30:52 Overall, do you see Chicago continuing to trend positively given development data? Wrap Up Questions 36:45 What competitive advantage does Cityscape provide? 37:10 One piece of advice for new investors. 37:36 What do you do for fun? 39:10 Good book, podcast, or self development activity that you would recommend? 40:55 Local Network Recommendation? 42:25 How can we learn more about you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What is a wholesaler and as an investor why should I care? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Blake McCreight of Express Property Solutions ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Regardless of which real estate assets you fancy, you are about to experience massive disruption in the upcoming years. That's according to the mad scientist of multifamily and returning guest Neal Bawa (previously on episode 26). Neal drops a fascinating outlook on the retail sector, particularly shopping malls and their post-COVID recovery. He also shares why he believes cap rates will continue to compress, and the drastic effects of tokenization and 3D printing will have on REI. Listen in to get your mind blown and then leave us a review! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Neal Bawa of Grocapitus Link: Grocapitus Website Link: Multifamily University | Free eBook: Location Magic | Join Our Investor Club Link: The World's Largest 3D-Printed Community Is Coming to Texas | Architectural Digest Link: Disruptive Trends with Neal Bawa - Multifamily University Link: Episode 26: Neal Bawa's Thoughts on Chicago, Opportunity Zones, and Current Economic Conditions Link: Lofty AI Sponsors: Appeal.tax and Essex ----------------- Guest Questions 02:38 Use technology and other resources to improve efficiencies and recapture time in your business! 06:35 What are Neal's top disruptive trends in multi-family and his take on retail? 16:03 What is the final reason why most retail malls are not going out of business? 17:22 What is the future for small mixed-use buildings in typical neighborhoods? 20:32 Which sector is Neal focusing on? 22:55 How is the industrial/e-commerce sector projected to grow compared to multi-family? 24:30 How does Neal incorporate interest rate increases when underwriting? Neal debunks the myth of the relationship between cap rates and interest rates. 29:51 What does the future hold as cap rates continue to compress and how do cap rates in the United States compare to other developed economies in the world? 32:49 Will wages keep up with inflation and how this impacts rent increases? 37:20 Will the amount of people renting increase and how home affordability has changed? 38:42 What is tokenization in real estate and which players are leading the charge of tokenization? 49:35 How will 3D printing change real estate investing? Wrap Up Questions 54:18 What is Neal's competitive advantage? 55:09 One piece of advice for new investors. 56:10 What do you do for fun? 57:17 Good book, podcast, or self development activity that you would recommend? 57:47 Local Network Recommendation? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

You know how you see larger developments on major intersections and wonder "who's doing that?" Well the answer is people like today's guest Matt Katsaros. Matt started his real estate career as a top-performing commercial broker at Kise before transitioning to a director of acquisitions at Pangea. Those extraordinary experiences primed him for investing in Chicago and he has found his best returns to be in the development space. Matt provides tremendous insights into the unique due diligence process, and zoning process required for development. In addition he covers how to successfully raise money, structure deals, and handle the current supply chain mayhem. Matt finishes the episode with his thoughts on Chicago's cap rates and why he's anchoring down here. Tune in to learn about extreme scaling that will certainly get you out of your comfort zone. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Matt Katsaros of Wildwood Investments LLC Link: SUCI's Facebook video showing a post-demo, but before the open web trusses are installed. Link: Real Estate for Breakfast Sponsors: Appeal.tax and Pavlovcik Architecture ----------------- Guest Questions Housing Provide Tip Of The Week 08:15 Transitioning from brokerage to development in Chicago 14:56 Takeaways for your career from working w/Pangea 19:43 How to exponentially grow your real estate portfolio? 24:39 How are you finding deals and raising money? 27:51 What does it take to get a zoning approval in Chicago? 30:58 How have you adjusted your rehab budget with the Covid price increases? 34:37 How do you structure your investors' payouts? 36:47 Real estate partnerships 41:44 Where do you see Chicago cap rates going in the next 12 months, 24 months? 44:46 Wrap Up Questions What is your competitive advantage? 51:48 Advice for a new investor? 52:56 What do you do for fun? 53:46 Self development activity? 54:22 Network recommendation? 55:13 How can we learn more about you? 55:57 That's our show! Thanks for tuning in! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What closing costs and credits can I expect on my HUD statement? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella of Prime Lending | Perry's Blog ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

You may have already listened to our househacking from hell episode (Episode 89). Today, we don't have tenants stealing cars or anyone overdosing, but we do have typical obstacles faced with a first-time househack; all compounded with the fact that this project included a gut rehab. Our guest today, Alex Martinez, dove in head first, encountered numerous challenges, and has not only lived to tell about it, but he now owns a wonderful 3-unit building and accumulated more experience than most early investors. Whether you are experienced or just starting out, tune in as Alex candidly talks through his experience from start to finish to learn something new. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Alejandro Martinez of Century 21 SGR Link: Episode 89: My Tenants Stole My Car; The Chicago House Hack from Hell with Joey Pochinskas Link: Building Permit and Inspection Records: Agreement Sponsors: Appeal.tax and Pavlovcik Architecture ----------------- Guest Questions Housing Provide Tip Of The Week 02:14 Why did I buy my first investment property near the United Center? 05:06 What to look for when buying in a new Chicago neighborhood? 09:00 Understanding the negotiation & due diligence in a Chicago real estate transaction. 10:25 How do you look up City of Chicago building violations for a specific property? 16:49 Best advice when having to get plans and permits in Chicago! 18:40 Breaking down the emotional roller coaster of buying an investment property in Chicago. 22:32 Red flags looking back on my first Chicago rehab. 32:40 Wrap Up Questions Competitive advantage? 40:20 Advice for new investors? 51:10 What do you do for fun? 53:00 Self development recommendations? 53:50 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

From toilets falling through ceilings, to gentrification, Gordy Payne has seen it all as a hands-on owner in Pilsen. Gordy took a chance on Pilsen due to its proximity to downtown and made a name for himself for his ability to restore beautiful vintage buildings. He fully committed to the community, and for this, the community has treated him well. Gordy provides a summarized oral history of Pilsen over the last two decades while pointing out rehab gotchas, investor nuggets, and local street-level nuances that all investors new or experienced can learn from. Tune in, get inspired, and learn something new.....and then leave us that review :) Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Gordy Payne from Pilsen Apts LLC | Email Gordy ([email protected]) Link: Two New Affordable Developments Planned for Pilsen Sponsors: Appeal.tax and Pentwater Cabinetry ----------------- Guest Questions 04:30 City Of Chicago will fine you if you don't shovel your sidewalks! 07:18 What was the Neighborhood of Pilsen like in the 1990s? 10:59 What makes Pilsen residents so protective over their neighborhood? 13:28 Why was Pilsen attractive to investors in the early 2000s? 17:51 What is unique about the construction in Pilsen that Chicago investors need to plan for? 23:08 -What makes Pilsen floor plans unique? 24:22 What are potential tenant expectations in Pilsen, Chicago? 26:23 What year did Pilsen really start to turn into a neighborhood? 28:16 What does new construction look like in Pilsen? 33:54 What is the difference between the neighborhood Heart Of Chicago and Pilsen? 36:35 How has the City Of Chicago supported change in Pilsen? 38:33 Secret to success for Landlords in Pilsen. Wrap Up Questions 44:44 What is your competitive advantage? 45:50 You must fall in love with your property! 46:47 What do you do for fun? 47:11 Self Development activity? 48:09 Local Network Recommendation? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What are tactical steps to follow when sending, responding, and tracking mailers? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sharad Mehta of REsimpli ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Today, Tom and Mark have an excellent conversation with Judy Frydland, who served as the commissioner of buildings for the City of Chicago from 2015-2020. A lot happened under her leadership including the streamlining of the permit process to make it simpler and more efficient than ever to get work done. Listen in on her story for some excellent advice on life and business and where Chicago is going from here. If you like today's episode, be sure to leave us a review and share it with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Judy Frydland Link: Alternative Code Approval Request (ACAR) Process Link: Michael Glasser. - President - Magellen Properties Sponsors: Appeal.tax and Cost Seg Kev ----------------- Guest Questions Career progression and permit process changing 7:30 What was the hardest obstacle when transforming the department? 26:00 Nuances regarding Chicago building code? 28:15 What are you spending time on now? 32:30 What would you like to see more of? 34:30 Thoughts on ADU ordinance? 37:00 Wrap Up Questions What was your competitive advantage? 42:30 Advice for new investors? 45:00 What do you do for fun? 46:20 Self development activity? 47:40 Network recommendation? 48:15 How can we learn more about you? 49:15 That's our show! See you next week! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

MOLD! It's the scary four-letter word that investors never want to hear and it does not belong in a healthy property. However, a basic understanding of mold and its misconceptions in the marketplace will make you a better investor. After having a bad experience with a mold company, investor Greg Bukowsi saw a need in the market and made it his mission to assist similar investors with mold issues. In today's episode, Greg and Devin explain what causes mold, why the Chicago market is ripe for mold problems, and how to analyze and tackle mold issues small or large. Please take ten seconds and leave us a review!!!! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Greg Bukowski and Devin Renberg of Moldman Chicago & St. Louis Link: Reducing Your Exposure To Mold Link: Mold and Your Health Link: Mold Sponsors: Appeal.tax and Essex ----------------- Guest Questions Get ready for winter, avoid frozen pipe lines. 01:20 Why I love being in the mold business 10:23 Key conditions for mold to grow 15:18 How do you know if there is mold behind the drywall?18:36 Protect yourself before buying mold issues 19:52 What is the root cause of Mold in Chicago or the Midwest? 22:28 Is it smart to use a store bought mold kit? 24:34 The relation between humidity and mold 26:54 How can I prevent mold in Chicago garden apartments 31:13 Wrap Up Questions Good news...it isn't always mold! 33:01 Difference between black mold & regular mold? 35:02 What to say as a Chicago landlord when mold is reported by a tenant 39:45 What makes a great mold vendor in Chicago? 43:54 One specific piece of advice you would tell someone that is yet to buy their first property here in the Chicagoland area. 45:26 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

How do I pull information and begin a direct mailing campaign? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sharad Mehta of REsimpli ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Will County is one of the fastest growing counties in Illinois, and when compared to Cook County, it offers a faster growth rate and a lot more room for development and expansion. As a second generation property manager and investor, Jason Marcodes from Landmark Property Manager, not only grew up in Will County, but grew up in the business. Today he outlines the economic growth in the far south and southwest suburbs while providing valuable data regarding population expansion in Mokena, Frankfort and New Lenox. Jason also explains how investors can find this information and leverage it to predict future growth. Listen in and if you find value in today's episode, please leave us a review! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jason Marcordes of Landmark Realty Group Link: Will County Illinois Link: Will County Illinois > Residents > Property Taxes and Fees Link: Will County, Illinois Population 2021 Link: Economic Development - Mokena IL Sponsor: Appeal.tax ----------------- Guest Questions Housing Provider Tip of the Week 3:41 Guest Intro 6:54 How does Will County differ from Cook County 8:34 What to expect when investing in Mokena 10:39 Where is there opportunity in Mokena? 11:41 Real estate investing in Will County vs Cook County 13:46 Real estate investing & housing stock in Mokena 16:17 Property taxes in Mokena, Will County 20:51 The explosive growth in New Lenox 24:31 Wrap Up Questions How difficult Is It to be A housing provider in Will County? 26:50 Mokena's Comprehensive Plan for a Growing population 28:00 Housing stocks in Mokena, New Lenox, and Frankfurt 29:27 As an investor where can I research statistics and growth plans? 31:39 Who lives in Frankfort, Illinois? 35:55 Dealing with the Village in New Lenox & Frankfort 39:27 Is There an opportunity to invest In Manhattan? 43:10 Looking To buy my 1st Investment in Mokena, Frankfort, or New Lenox 50:09 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

In our first live recording, we celebrate 100 episodes by asking questions to the audience (see how many answers you know) and also answering multiple questions from attendees. We discuss our favorite parts of the podcast, lessons learned from interviewing multiple Chicago rockstars, whom we still want to interview, and the future of the Straight Up Chicago Investor Podcast. A sincere thank you to all who have listened, supported, and shared our content. We strongly believe in this community that you are helping to shape and we look forward to doing another 100 episodes with you. "I give you Chicago. It is not London and Harvard. It is not Paris and buttermilk. It is American in every chitling and sparerib. It is alive from snout to tail." —H. L. Mencken, journalist and cultural critic Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What are some tips on how to best screen workforce housing tenants? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jared Kott of Marblestone Properties ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

As this episode airs, several of the Chicago townships have already been reassessed, leaving many owners with an unpleasant increase in property taxes. Returning guest Tim Jacobs of KSN Law (appeal.tax), joins us to discuss what he's seen in the Chicago townships that have been reassessed, and what he feels will happen in several townships about to be reassessed. Tim walks through the basics of how to look up your assessed value, calculate your taxes, and most importantly how to appeal your property taxes. Tim explains the appeal process, what data you can use to your advantage, and how to leverage a professional if you choose to engage one. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Tim Jacobs from Appeal.tax Link: Traction: Get a Grip on Your Business: Wickman, Gino: 0783324916904 Link: Cook County Assessor's Office: We are Here to Help Link: Cook County Treasurer's Office - Chicago, Illinois Link: Law Offices of Naheed A. Amdani, PC – What is a Real Estate Tax Reproration Agreement? Link: KSN Law Link: Ted Kuhlmann, Real Estate Agent in Chicago - Compass Sponsor: Prime Lending Sponsor: Appeal.tax ----------------- Guest Questions Understanding tax data 5:00 How have different townships been affected in Chicagoland? 9:15 How vacancy can change your tax assessment. 17:30 Do non paying tenants affect tax assessments? 24:00 Wrap Up Questions What is your competitive advantage? 37:15 Advice for a new investor? 38:00 What do you do for fun? 39:00 Self development activity? 39:45 Network recommendation? 40:30 How can we learn more about you? 41:00 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Samuel Pavlovcik is a distinguished self-certified architect who specializes in working with investors in Chicago and the surrounding villages and suburbs. Today Samuel walks us through the different permits in Chicago, the nuances of Chicago's permitting process, and also what to expect when applying for a zoning variance. Samuel presents a candid overview consisting of expected wait times, gotchas to avoid, and what investors need to know and provide based on his experience of processing 100+ permits per year. Samuel provides a ton of valuable information that can set you up for success and minimize your headaches when dealing with the city. Referenced zoning cheat sheet - https://www.straightupchicagoinvestor.com/zoning-cheat-sheet Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Samuel Pavlovcik of Pavlovcik Architecture Link: Additional Dwelling Units (ADU) Ordinance Link: Zoning rules - Chicago Link: How to Win Friends & Influence People: Dale Carnegie: 8937485909400 Link: Stop Working and Start Living: How Building Your Dream Business Can Transform Your Life! Link: Home - Institute for Housing Studies - DePaul University Link: Chicago Residential Zoning Cheat Sheet Sponsor: Appeal.tax ----------------- Guest Questions How did you get into architecture? 6:00 Intro to Chicago permit process? 8:00 What does it take to be self certified? 9:45 Why would someone not get self certified? 11:30 What action always requires full plans and permits? 14:50 Differences in zoning categories? 22:30 How to get a zoning change? 27:15 Why is RM-5 beneficial to an investor? 29:50 What is Floor Area Ratio? 31:30 How does the ADU ordinance benefit investors and what is the process like? 34:30 Wrap Up Questions What is your competitive advantage? 40:00 Advice for new investors? 41:15 What do you do for fun? 41:45 Self Development activity? 42:10 Local Network Recommendation? 43:15 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

How can I successfully operate properties in C/D areas? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jared Kott of Marblestone Properties ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

After being routinely recognized as a successful multifamily broker, Kyle Shoemaker set out to create a rare brokerage that focuses solely on affordable housing. Kyle is a true expert and walks us through the nuances of affordable housing and unique challenges and opportunities presented in this space. Affordable housing can be complicated, which is why so few people specialize in it, but it is a great way to provide a seriously underserved need while sustaining a profitable business. Listen in on how you can dip your toes into this massive market. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Kyle Shoemaker of Affordable Housing Investment Brokerage Link: Home Landlords Project Based Voucher Link: What Is Section 42 Housing? Link: Low-Income Housing Tax Credit (LIHTC) | HUD USER Link: Promoting the Stabilization of Communities Link: S.1136 - 117th Congress (2021-2022): Affordable Housing Credit Improvement Act of 2021 Link: Season 1, Episode 1 - Six Stories Link: Applegate & Thorne-Thomsen: A Law Firm focused on Affordable Housing & Community Development Sponsor: Appeal.tax Sponsor: Pavelchak Architecture ----------------- Guest Questions How did you get into real estate? 6:20 What is affordable housing? 8:45 Housing based projects in Chicago? 10:15 What are the standards required to keep these contracts? 15:00 Section 42. 16:42 What are the challenges to get into this space? 23:10 How are these buildings marketed? 28:30 Why are there not more of these contracts? 29:30 How do the financials look compared to a conventional multifamily project? 35:00 Where do you see affordable housing going in the United States? 36:45 Wrap Up Questions What's your competitive advantage? 39:00 Advice to get into affordable housing? 39:30 What do you do for fun? 40:24 Self development? 40:45 Network recommendation? 42:25 How can we learn more about you? 42:40 That's our show! Tune in next week! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

The Community Investment Corp, or the CIC, has been a stalwart in Chicago since the 1970s and has reinvented the way owners can create affordable housing units for their communities. Stacie Young was just recently appointed the new President and CEO and she has lots of plans in the works. Today she comes to us to discuss the various ways investors can interact with the CIC, what the preservation compact is and how it is preserving affordable housing, how emergency rental assistance will unfold and whether or not it will be sticking around. Stacie also provides tremendous advice on how to get tax incentives from the city and so much more. If you like today's episode, share us with a friend and leave a 5 star review! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Stacie Young of the Community Investment Corporation Link: The Preservation Compact Link: Illinois Emergency COVID-19 Rental Assistance Programs - chicookilrenthelp.org Link: The Splendid and the Vile: A Saga of Churchill, Family, and Defiance During the Blitz Sponsor: Pentwater Cabinetry Sponsor: Cost Segregation Services ----------------- Guest Questions What is affordable housing? 6:00 How do ADUs affect affordable housing? 7:20 What is the preservation compact? 11:15 Emergency rental assistance overview? 18:15 Tax incentive programs? 24:25 New neighborhood programs? 32:30 How can new investors get involved with CIC? 36:45 What's next for you? 39:00 Wrap Up Questions Competitive advantage? 40:00 Advice for a new investor? 41:30 What do you do for fun? 42:00 How can we learn about you? 43:15 That's our show! Thank you so much and tune in next week! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

How do I leverage processes and automation to scale my REI business? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sharad Mehta of REsimpli ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What's your unit goal? Is it 20...maybe 50? Well today's guest explains how his company amassed 1200 units solely in Hyde Park, (not including their north side portfolio). Nick Hollenkamp drops street-level advice on the different corridors of Hyde Park along with his ten year forecast for the neighborhood. Nick provides great soundbits on why you should never fully give up on a deal, which pockets of Hyde Park present opportunities for smaller sized investors, the benefits of student housing, and why it's important to develop strategic relationships. What a crazy good episode we have for you today, so if you learned something today, PLEASE LEAVE US A REVIEW and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Nick Hollenkamp of Pioneer Acquisitions LLC Link: Pioneer Acquisitions: OVERVIEW Link: Rogers Park Builders Group - Chicago Link: Surrounded by Idiots: The Four Types of Human Behavior and How to Effectively Communicate with Each in Business (and in Life) Link: Leaders Eat Last: Why Some Teams Pull Together and Others Don't Link: Joe Smazal Link: Six Stories of Rubble. A Million Stories Buried Underneath. Sponsor: Pentwater Cabinetry Sponsor: Appeal.tax ----------------- Guest Questions Guest intro. 6:00 Hyde Park Introduction. 9:00 600 unit deal breakdown. 11:15 How can smaller players get into hyde park? 14:20 10 year forecast? 16:00 Finish level and rental rate? 20:15 Concerns around COVID and university housing? 26:45 Wrap Up Questions Competitive advantage 34:30 Advice? 35:00 What do you do for fun? 36:00 Self Development? 37:00 Network recommendation? 37:30 How can we learn more about you? 38:00 That's our show, thanks so much for tuning in! See you next week. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

You cannot grow without adequate funding. When it comes to private funds, there are so many questions asked as a new investor. Brian Lignelli takes the time today to talk about how his company, Continuum Capital Funding can put it's partners in a position to scale and grow as well as how to prepare to work with them. He also hits on some of the various neighborhood associations he's a part of and how you too can get more involved in them. If you enjoyed today's episode, please give us a 5 star review and share it with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Brian Lignelli of Continuum Capital Funding LLC Link: Search Building Department Records Link: Lincoln Park Builders Link: NBOA Chicago Link: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork Link: These Truths: A History of the United States Link: Ryan Smith, Western Springs, IL Real Estate Link: Jared Kott on LinkedIn Link: Michael Abraham Sponsor: Cost Segregation Services Sponsor: Appeal.tax ----------------- Guest Questions Guest intro 5:30 What was the market need for Continuum? 10:00 How has the creative financing industry changed? 20:00 What safeguards do investors have when using private money? 23:15 Getting involved in associations? 27:25 What to do at a networking event? 31:00 Wrap Up Questions What is your competitive advantage? 36:00 One piece of advice for new investors? 37:00 What do you do for fun? 37:30 Self development? 38:15 Network recommendation? 39:09 How can we learn more about you? 40:10 That's our show! Thanks so much for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What factors go into determining commercial financing? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman of Renovo Financial ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

In episode 85, David Geen said househacking is the Stephen Curry cheat code of real estate. Many folks agree and have leveraged this strategy to kick off successful REI careers. However, there are real risks that arise the moment you become a housing provider. Today's guest, Joey Poshinskas, is an extremely resilient househacker who persevered through numerous obstacles to stabilize his building. Hear Joey's outrageous tenants horror stories, how he handled each situation, and how he ultimately learned from the process. Listen in on a great episode with Joey and find him on instagram at reijoey. If you enjoyed today's episode, take a quick moment to leave a review and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Joey Pochinskas | Instagram (@REIJoey) Link: Vivid Vision: A Remarkable Tool For Aligning Your Business Around a Shared Vision of the Future Sponsor: Prime Lending Sponsor: Appeal.tax ----------------- Guest Questions Intro 4:45 FHA 203K Loans? 12:30 Challenges with 203k loans? 17:30 Get deposits to verify income.23:40 10 months into the house hack, what now? 32:20 How have these issues impacted your view of real estate investing? 33:40 Wrap Up Questions Competitive advantage? 37:15 Advice for new investors? 38:20 What do you do for fun? 38:45 Self development recommendations? 39:20 That's our show! Thanks so much for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Like many families in Chicago, Sal's family came from the old world and settled in a turbulent part of the city at a turbulent time. As he's now standing on the shoulders of what his parents initially organized, he's building it farther than ever expected. Sal's story is amazing, his advice is timely, and his passion is contagious. Listen to today's episode with Sal Becovic. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Sal Becovic of Becovic Link: The Economist - World News, Politics, Economics, Business & Finance Link: Neighborhood Building Owner's Alliance – A Voice for Chicago's Building Owner's Sponsor: Pentwater Cabinetry Sponsor: Essex Realty ----------------- Guest Questions How are you still finding deals? 7:30 What are the changes you've seen in Edgewater, Uptown and Rogers Park? 13:15 Pain Points? 23:00 Concerning headwinds? 33:30 NBOA and builders groups experiences? 36:20 Wrap Up Questions What is your competitive advantage? 38:45 One piece of advice for new investors? 40:00 What do you do for fun? 40:25 Local network recommendation? 41:30 How can we learn more about you? 42:00 That's our show! Thanks so much for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What steps can I take to maximize my appraisal? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman of Renovo Financial ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Fernando Angelucci has spent the last decade becoming one of the largest wholesalers in the Chicagoland area. Fernando successfully scaled his wholesaling business to a goliath and used the same skill sets and systems to establish and grow his self storage portfolio. In today's episode, Fernando breaks down why he prefers self storage over multifamily investing, what you should be looking for in a self storage opportunity, how to find deals and the shiny future of self storage. Listen in on a tremendous episode and as always, share us with a friend and give us a five star review to help us grow even more. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Fernando Angelucci of Titan Wealth Group Link: Fernando Angelucci - Senior Managing Partner - Impact Self Storage Link: Feasibility Study Definition: How Does It Work? Link: What It Takes: Lessons in the Pursuit of Excellence Link: Am I Being Too Subtle?: Straight Talk From a Business Rebel Link: Principles by Ray Dalio Link: About Us Link: https://www.linkedin.com/in/hisarahaustin/ Link: IMPACT Self Storage Sponsor: Prime Lending (Perry Farella) Sponsor: Essex Realty ----------------- Guest Questions Guest Intro 5:55 Wholesaling explanation 6:50 Is direct marketing still viable? 9:20 How do you target a demographic? 12:00 If you started tomorrow, what would you do differently? 17:00 How did you get started in self storage? 19:25 What makes a good deal? 23:25 What is the typical client for self storage? 29:00 What direction is the industry heading? 32:45 How do deals fall apart? 35:30 How do you handle non payments? 40:00 What are your plans for the next 5 years? 44:00 Wrap Up Questions What is your competitive advantage? 50:00 One piece of advice for a new storage investor? 51:50 What do you do for fun? 52:40 Self development activity? 53:45 Valuable network resource? 54:45 How can we learn more about you? 55:30 That's our show! Thanks for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Nationally-recognized real estate rockstar David Greene of Bigger Pockets and Keller Williams holds nothing back! David provides his thoughts on the BRRRR strategy and dissuades the myths around equity as a cushion. David also covers the buyer/investor relationship, houssehacking as a cheat code, and why you need to start pushing over dominos to build your empire. Please enjoy today's episode and if you like what you hear, leave us a review and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: David Greene of Keller Williams Link: David Greene Team Mastermind Link: David Greene Real Estate | Keller Williams East County Link: Pitch Anything: An Innovative Method for Presenting, Persuading, and Winning the Deal Link: So Good They Can't Ignore You: Why Skills Trump Passion in the Quest for Work You Love Link: Extreme Ownership: How U.S. Navy SEALs Lead and Win Link: David Greene Real Estate Sponsor: Prime Lending (Perry Farella) Sponsor: Cost Segregation Services ----------------- Guest Questions David Greene's favorite of his books? 6:00 Questions investors should be asking agents? 10:00 Are you expecting inflation to increase over time? 26:30 BRRRR. 35:00 What price points does BRRRR work best with? 40:30 What's next? 55:30 Wrap Up Questions What is your competitive advantage? 1:00:00 Advice? 1:04:30 What do you do for fun? 1:06:00 Self Development? 1:07:30 Recommendations? 1:10:05 How can we learn more about you? 1:11:00 That's our show! Thanks so much! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

How can I put my best foot forward when making offers and how can I show experienced agents that I am serious? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: John Warren of Second City Real Estate ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Malcolm Gladwell popularized the idea that it takes 10,000 hours to master something. Well, if that's the case, Mike Olszewski has likely mastered his craft several times over. To date, he has sold over 17,500 REO properties, developed properties and has even begun his own private lending business. Today, you get to learn the process of acquiring, rehabbing and selling REO properties from a master and apply them to your own practice. Mike also gives an in-depth play-by-play tutorial on how to handle a cash for keys situation and addresses some of the key things to be aware of when developing properties or small areas. Listen in as Mike has a great conversation with Mark and Tom today. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Olszewski from Area Wide Realty | Email Mike: [email protected] | [email protected] Sponsor: Pentwater Cabinetry Sponsor: Cost Segregation Services ----------------- Guest Questions Guest introduction 7:00 How did you get your first deal started? 8:10 What are REO properties? 9:00 How do you start buying REO? 10:45 What's different about buying REO than traditional retail? 12:20 What's the cash for keys timeline look like? 18:20 How did you get started developing? 21:00 What is the project and how it came to be? 25:30 Security solutions for rehabs? 30:50 What appeals you about Chicago? 33:20 Private Lending 35:45 Wrap Up Questions What's your competitive advantage? 38:45 One piece of advice for a new investor? 40:45 What do you do for fun? 41:40 Self development activity? 42:00 Network recommendation? 43:00 How can we learn more about you? 43:35 That's our show! Thanks again for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Knowing a couple neighborhoods intimately is better than a hundred superficially. That's exactly what the Property People did in Chicago's northwest neighborhood. It's how they know how deep they can dig a basement out and how much value they'll add. What certain features are expected and what can they pass on? Greg and Jenny are a rockstar duo that have grown tremendously and have even more ambition for the future. If you learned something, 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: Jennie Berger and Greg Kyler from Property People LLC Sponsor: Cost Segregation Services Sponsor: Appeal.tax Link: FortuneBuilders: Real Estate Investment Coaching Programs Link: Never Split the Difference: Negotiating As If Your Life Depended On It Link: Think Like a Monk | Jay Shetty Link: Nonviolent Communication: A Language of Life: Life-Changing Tools for Healthy Relationships (Nonviolent Communication Guides) Link: Rich Dad Poor Dad: The #1 Best-Selling Personal Finance Book Ever Link: Chicago Real Estate Attorney | Justin C. Strane — Chicago Real Estate Attorneys Link: [email protected] | Follow they on Instagram (@propertypeoplellc) ----------------- Guest Questions Tip of the week 3:00 Guest Intro 5:00 How did you decide on your location and investing style? 8:40 What is Norwood Park like demographically? 10:30 How much difference in ARV does a full second story account for? 13:00 Basement evaluation and rehab costs. 14:20 What other areas do you cover? 16:20 How do new construction projects work? 17:00 What is the PLN? 20:50 What are some red flags for inspections? 25:00 What is Kilbourne Park like demographically? 26:00 Things to consider for comparing ARVs? 29:15 Buyer expectations in rehabbed houses? 30:00 How did you decide to join fortune builders? 32:45 Has their network benefitted you? 34:30 Wrap Up Questions What is your competitive advantage? 38:20 One piece of advice for a new investor? 40:30 What do you do for fun? 42:15 Self development recommendation? 42:45 Local network recommendation? 44:30 That's our show! Thanks so much for tuning in this week! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What is ClickInvest and why should I care? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Rosario Terracciano of Clickinvest ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

From the downtown riverwalk, to larger lots and Suburban living, Naperville is a diverse market drenched with opportunity. Today's guest, Josh Mitchell, has carved out his niche as the go to guy in the area, acting as both an investor and a broker for Re/Max in Naperville. In this episode, Josh answers some FAQs for people thinking about going down a similar career trajectory and explains the nuances involved within the Naperville sub markets. If you like what you hear today, please give us a 5 star review and share us with a friend! Like what you hear? Please leave us a review and share with someone who may be interested in investing in Chicago! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Josh Mitchell from Re/Max Sponsor: Appeal.tax Sponsor: Chicago REIA Link: Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series) Link: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! ----------------- Guest Questions Guest introduction 5:40 Why did you get your real estate license? 6:50 What should you consider when choosing where to hold your license? 7:45 When did you get your real estate license? 8:45 Naperville housing stock? 10:00 Naperville area dividing lines? 13:00 Benefits and downsides to condo and townhome investing? 14:00 Rental rates in the Naperville area? 18:45 How do you find properties in this area? 24:30 What are some areas around Naperville that you also see opportunity? 26:45 What are the last effects of Covid from Naperville? 28:30 Wrap Up Questions What is your competitive advantage? 30:15 Advice for a new investor? 30:45 What do you do for fun? 31:20 Self development tools you'd recommend? 31:30 Network recommendation? 32:10 How can we learn more about you? 32:50 Thanks for tuning into our show! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

All the nuggets you've learned from previous episodes won't add up to squat if you do not have the appropriate team in place. So how do you build that successful team? Today's guest, Gary Davidson, is not only a rock star attorney, but he is the definition of a go-giver. In today's episode you will learn how asking the question "how can I add value to person X?" can solidify your network and propel you on your journey. We will also discuss common mistakes investors make, and the questions you should be asking when picking an attorney (and some PBR history!). Like what you hear? Please leave us a review and share with someone who may be interested in investing in Chicago! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Gary Davidson from Castle Law | Call Gary: 815-351-0408 Sponsor: Appeal.tax Sponsor: Exetor Link: Go Giver By Bob Burg & John David Mann Link: The One Thing By Gary Keller Link: Ryan Smith Link: Frank Montro Link: Juan Loya ----------------- Guest Questions Guest Intro 5:18 How do you build a team and successfully network in Chicago real estate? 7:15 How are you a connector? 10:54 How to provide value to others as a new investor 14:51 How Did Commercial Law Prepare You For What You Do Today? 20:38 Top mistakes made by Chicago investors 26:41 What to ask when hiring a real estate attorney 34:54 Wrap Up Questions What's your competitive advantage? 40:07 Advice for new investors? 40:51 What do you do for fun? 41:31 Self development activity? 43:26 Local network recommendation? 45:03 How can we learn more about you? 46:53 Thanks for tuning into our show! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.