Straight Up Chicago Investor

What are the steps and my responsibilities as an investor to get from attorney review to the closing table? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chance Badertscher of Lavelle Law ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Roman Viere manages and operates over 900 apartment units, and the majority of these units are in Austin. Austin is geographically Chicago's largest neighborhood and offers everything from a 9-hole golf course to struggling store fronts. It takes a hands-on approach to analyze, screen and operate in a neighborhood like Austin, and Roman provides tactical insights and street-level knowledge useful to anyone looking to scale on Chicago's West Side. Did you learn something new from this episode? Please share it with a friend and leave us a review! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Roman Viere from Urban Alternatives Sponsor: Perry Farella of Prime Lending Sponsor: Appeal.tax Link: Greater Austin Development Association Link: Neighborhood Building Owners Alliance Link: Oak Park Regional Housing Center Link: West Cook Housing Homeownership Services Link: Am I Being Too Subtle? by Sam Zell Link: Devil In The White City by Erik Larson Link: Phillip Moore - Senior Law Officer at CIC Link: Summer Soiréé ----------------- Guest Questions Guest Intro 4:45 How did you get started in Austin? 5:16 What are the different pockets of Austin and what can it do for an investor? 7:09 Why are most opportunities on Washington Blvd? 9:14 Why is the cap rate in Austin higher? 9:56 What are red flags when screening C and D class incomes? 14:01 What vacancy factor should I use in Austin? 16:16 What maintenance factor should I use in Austin? 17:25 How do you handle chargebacks? 20:49 What is the price per door right now in Austin? 22:07 How have you adjusted your business based on the economy? 23:53 What is the upside to investing in Austin? 26:27 How have you become a part of the community in Austin? 31:11 What is the minimum amount of doors I need to be successful in Austin? 33:25 Why buy in Blue Island? 39:02 Wrap Up Questions What's your competitive advantage? 41:22 Advice for new investors? 42:08 What do you do for fun? 43:24 Self development activity? 44:03 Local network recommendation? 44:58 How can we learn more about you? 45:49 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.

Like many real estate professionals, Jonathan Klemm transitioned from a W-2; what is remarkable about him is his background working with Walsh Construction, which is one of Chicago's largest construction and contraction companies. Jonathan has taken everything he learned about managing large scale projects and applied it to smaller, investor focused projects. Listen in as Jonathan explains his process, what sets his company apart and how to best position yourself to work with contractors. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jonathan Klemm of Quality Builders | Email Jonathan: [email protected] | Email Quality Builders: [email protected] Sponsor: Pentwater Cabinetry Sponsor: Appeal.tax Link: The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It Link: Remodeling and Repair - Installation Cost Calculators Link: The Lean Startup: How Constant Innovation Creates Radically Successful Businesses Link: Traction: Get a Grip on Your Business eBook: Wickman, Gino: Kindle Store Link: How to Win Friends and Influence People - Kindle edition by Carnegie, Dale. Self-Help Kindle eBooks Link: Prashanth Mahakali - Chicago, Illinois, United States | Professional Profile ----------------- Guest Questions Guest Intro 5:00 Takeaways from working at a large construction company for quality builders? 8:00 Questions to ask when interviewing contractors? 11:20 What's expected of investors you partner with? 12:50 How does an investor's financing affect your timeline? 17:00 What items can cause a large change in price during the work? 25:00 How do you manage pricing variability? 27:00 How did you move from W-2 to self employed? 28:25 Wrap Up Questions What's your competitive advantage? 37:45 Advice for new investors? 38:40 What do you do for fun? 39:15 Self development activity? 39:56 Local network recommendation? 40:45 How can we learn more about you? 41:45 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.

What are proactive steps to ensure I'm ready to pull the trigger when the right property presents itself? 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.

With the Lake, a world-class University, and a plethora of transportation, Evanston is an extremely attractive and diverse marketplace for many investors. Jaimie Steinher of Essex Realty exclusively covers Evanston, and provides on the ground insights to help you navigate the different pockets of the city. Jamie lays out cap rates, average rents, and tenant expectations in an episode packed with tangibl takeaways. If you like what you hear, please take the ten seconds to leave us a review and share with a friend who should be investing in Evanston. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jaimie Steinher of Essex Realty Group Sponsor: Essex Realty Group Sponsor: Appeal.tax Link: Edgewater Uptown Builders Association Link: Rogers Park Builders Group Link: REFF ----------------- Guest Questions Guest Intro and background. 6:14 High-level overview of Evanston 7:35 Velocity in Evanston 8:37 Different pockets of Evanston 9:32 Student-housing transactions 12:45 Effect of COVID on Evanston 13:40 General cap rates and other metrics in Evanston 15:55 Northwestern's workforce as a tenant-base 23:02 Public transportation in Evanston 24:50 Evanston "gotchas" 27:13 Housing stock in Evanston 28:18 Thriving in a male dominated field 30:00 Wrap Up Questions What is your competitive advantage? 32:14 What is one piece of advice to someone who has yet to buy their first property in Evanston? 33:18 What do you do for fun? 34:05 Self-development recommendation 34:48 Network recommendation 36:08 How can we learn more about you? 37:30 That's our show, thank you 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.

For many Chicagoans, the porch has been the focal point of countless memorable times. Since Covid, the importance of "outdoor spaces" in real estate has re-emerged as a priority for plenty of homebuyers, too. But how many investors know how to evaluate the build quality of a property with a porch? And what's the process like when wanting to add a back porch to an existing property? How do you work with the city to ensure compliance? Frank Knight, AKA Mr. Porch, has built about 3,000 porches in the Chicago area and he's here today to shed some information on this Chicago cultural phenomenon. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Frank Knight of Mr. Porch Sponsor: Exetor Sponsor: Appeal.tax Link: City of Chicago - Search Building Department Records Link: Pavlovcik Architecture Inc. Link: Law of Success: Napoleon Hill ----------------- Guest Questions Guest Intro and background. 6:30 How did you become Mr. Porch? 9:30 How is lumber pricing affecting your business? 13:15 Differences between a steel and wooden porch? 14:30 How should you evaluate existing porches on new properties? 16:00 How do you know if you have a violation on your porch? 19:00 Difference between replacing or modifying? 22:25 Are you a one stop shop or do clients need to go to other places? 25:45 Timeline for new porch? 28:45 How can I maintain the porch longer? 34:15 Wrap Up Questions What is your competitive advantage? 40:25 What is one piece of advice you'd give a new investor? 41:20 What do you do for fun? 42:00 Self development? 42:50 Network Recommendation? 43:00 How can we learn more about you? 43:45 That's our show, thank you 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 are some common mistakes I can look to avoid when calculating my after repair value and proposed rents? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: John Warren of SecondCity ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

We all know about the numerous laws either being proposed or already enacted affecting housing providers and investors. Groups like the Illinois Realtors Association, the NBOA, the CAR and others are working everyday to keep laws fair and protect people. Our guest today, Gideon Blustein, is the director of member outreach for the Illinois REALTORS and talks us through some of the current issues at the forefront of everyone's mind as well as how we can all get involved and benefit from these organizations. If you like what you hear today, leave us a review and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Gideon Blustein of Illinois Realtors Sponsor: ChicagoREIA Sponsor: Appeal.tax Links: Senate passes bills creating affordable housing incentives, expanding telehealth services Links: Why Rent Control Doesn't Work (Ep. 373) - Freakonomics Freakonomics Links: Residential Tenant Landlord Ordinance | CookCountyIL.gov Links: RTLO in Cook County & What You Need To Know Links: Illinois REALTORS® Links: Ninja Selling Links: The South Side: A Portrait of Chicago and American Segregation Links: 7L: The Seven Levels of Communication: Go From Relationships to Referrals Links: Neighborhood Building Owner's Alliance – A Voice for Chicago's Building Owner's Links: Gideon Blustein - Joliet, Illinois, United States | Professional Profile ----------------- Guest Questions What does the Illinois Realtors Association do? 6:15 How do all the associations and boards work together? 8:45 Rent control in Illinois update. 10:45 Expectations for how rent control will evolve? 14:00 Why would people politically be against rent control? 17:15 How is the IAR helping landlords navigate the RTLO? 21:00 Does the RTLO have any effect on the RLTO? 25:15 What's coming? 27:30 How is affordable housing quantified? 30:15 What does IRA do for individual Realtors? 32:00 Wrap Up Questions Competitive advantage? 33:40 One piece of advice you'd give a new investor? 34:30 Self development activity? 35:50 Network recommendation? 38:15 How can we learn more about you? 39:00 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.

Ryan Smith is not an optimist, but a realist. With a stark numbers-based opinion, Ryan provides his thoughts on Chicago's housing market, the strength and the validity of the recent appreciation, and how long it may take to get through upcoming foreclosure inventory. We've had Ryan on here before (Episode 28), but last time it was too good of a conversation so we had to bring him back. Listen in and if you learned something, leave us a like and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Ryan Smith of Ryan Smith REO Sponsor: Pentwater Cabinetry Sponsor: Appeal.tax Links: Extreme Ownership: How U.S. Navy SEALs Lead and Win Links: Straight Up Chicago Investor Podcast: Expert Perspectives on Investing in Chicago Real Estate ----------------- Guest Questions What do you think of the appreciation lately? 8:00 Do you see outside capital coming to Chicago? 13:15 Are Chicagoans underwater? 15:45 How long did it take to get through the foreclosed inventory from the financial crisis? 28:15 Is there an opportunity to buy at the judicial sale level? 35:00 Do you see the same opportunity developing now as the last recession? 37:45 Wrap Up Questions What's your competitive advantage? 44:45 What is one piece of advice you'd give someone looking to buy their first REO? 46:45 What do you do for fun? 48:00 Self development activity? 48:45 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.

How can I make my offer more attractive in this hot market? 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.

Lee Kiser is the co-founder of Kiser Group, a member of the Forbes Real Estate Council, and a wealth of knowledge in the Chicago market (and a local musician!). In today's episode, Lee provides his thoughts on how today's hot market differs from 2005, how institutional and private money has altered apartment investing in Chicago, and what neighborhoods are on the rise. Lee dishes out advice on subtle value-add opportunities, steps to avoid to ensure a smooth operation, and how to show credibility when interacting with brokers. Is there anyone else in your network that would also benefit from this free content? If so, don't be bashful about sharing :) Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Lee Kiser of Kiser Group Sponsor: Exetor Sponsor: Appeal.tax Link: Lee Kiser - Forbes.com articles Link: 6FM - only live one we could find :) Link: Fetch Packaging Link: Stacy Young Link: Dean Huber ----------------- Guest Questions 6:21 Intro 8:15 Overview of the Chicago Market 10:45 - Comparing today to 2005 13:03 - How has institutional capital altered Multi-Family investing in Chicago? 14:59 - In which Chicago neighborhoods are you seeing the most activity? 17:03 - Proformas on an asset-by-asset and neighborhood-by-neighborhood basis 19:57 - Not so obvious ways to add value to your building 28:08 - Navigating negative migration in Chicago 31:43 - As a buyer, how do I differentiate myself to "jump the line" with a broker? 37:21 - Why do investors fail in Multi-Family? Wrap Up Questions What is your competitive advantage 40:35 Once piece of advice to someone who has yet to buy their first property here in Chicago? 41:13 What do you do for fun? 42:43 Book, Podcasts, or Self Development recommendation? 43:22 Local network recommendation? 44:05 How can we learn more about you? 45:02 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.

Possibly the biggest consideration when taking on a rehab project is how to finance the deal. We've all considered hard money, FHA has their 203K loan program, and we've probably seen a late night commercial or two. Perry Farella of Prime Lending talks us through a loan program which is a cross between a conventional loan and hard money, something that you don't even need to refinance out of once the property is stabilized. Listen in as Perry tells us more about this product and how it can be best used to fund your next Chicago rehab. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Perry Farella of Prime Lending Sponsor: ChicagoREIA Sponsor: Appeal.tax Link: How 2 Fund Renovation Blog Link: Be Your Own House Contractor: Save 25% without Lifting a Hammer ----------------- Guest Questions Background 5:00 How do you qualify for rehab loans? 9:45 How do you determine and support the ARV? 11:30 What is the closing timeline for these loans? 13:45 How does the draw process work for construction? 17:45 Do you need to refi out of this loan product? 21:00 Are there price thresholds these loans work best for? 22:00 What goes wrong? 27:00 Hot investment neighborhoods? 31:00 What would need to happen for credit to tighten? 38:45 Competitive advantage? 42:45 What is one piece of advice you'd give a new investor? 43:50 Wrap Up Questions What do you do for fun? 44:20 Self development recommendations? 45:20 Quality resources? 47:20 How can we learn more about you? 48:00 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.

Besides rate and term, what other items I should ask about when talking to different lenders? 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.

One of the most important team members that real estate investors rely on is their attorney. Not all closings are created equal and Gina Diaz explains some of the closing nuances both through the eyes of an attorney and as an investor. Gina provides great insights into how to successfully close on a short sale, what to be aware of in a double close, and how to work with a title company and attorney to successfully wholesale a deal. Tune in as you are sure to learn something in today's episode. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Gina Diaz of Diaz Case Law Sponsor: ChicagoREIA Sponsor: Appeal.tax Link: We Win Chicago Link: Diaries of a Female Real Estate Investor: Learn How A Single Mom Went From 80k in Debt To a Multi Million Dollar Portfolio by Farrah Ali Link: Andrew Holmes ----------------- Guest Questions What drew you to investing in real estate? 7:00 What is a short sale? 9:30 How is the final price determined in a short sale? 10:15 Is the closing process different for short sales versus traditional closings? 12:00 Are short sales expected to increase in frequency? 15:00 What are the nuances with buying short sales? 16:45 What are some ways for an investor to evaluate a wholesale property? 21:30 Challenges you've seen during closings? 31:00 What is We Win? 35:30 What is your competitive advantage? 39:15 Advice for new investors? 40:00 Wrap Up Questions What do you do for fun? 40:50 Self development activity? 41:15 Network recommendation? 42:20 How can we learn more about you? 42:45 That's our show! Thank you so much for listening! 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.

With nearly 30 years of experience as a broker, Frank Montro, the King of Chicagoland, shares his reflections on how the industry has changed from the early '80s to today. While touching on strategies his team uses to generate business, and cementing what it takes to succeed, Frank gives a compelling presentation that is certain to teach you something about winning in Chicago. Do NOT play with your money, work with an expert and learn to avoid the pitfalls of most new investors. It's what we're all about here at the Straight Up Chicago Investor. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Frank Montro of Frank Montro Homes | Call Frank: (708) 307-0777 | Email Frank: [email protected] Sponsors: Puleo Group and Appeal.tax Link: Chicago Deal Vault | Never miss an MLS property deal again and increase your productivity y 10,000% Link: Tony Robbins Podcast, Catch the Latest Podcast Here Link: Podcast Cardone Zone Link: Motiversity YouTube Channel Link: Barnett Capital Link: The Devil in the White City: Murder, Magic, and Madness at the Fair That Changed America Link: Straight Up Chicago Investor Podcast: Expert Perspectives on Investing in Chicago Real Estate ----------------- Guest Questions Overview of real estate industry 5:00 Tax certificate sales. 18:50 Do you factor commercial financing into deal analysis? 21:15 Where do you see rates going? 23:30 Do you think about the pre 2008 high's as a benchmark? 31:00 What's the impact of people leaving Chicago? 33:30 Appraisal insights? 35:30 Steps to find off market deals? 39:45 What's your competitive advantage? 48:00 What is one piece of advice you'd give a new investor? 49:45 Wrap Up Questions What do you do for fun? 52:55 Self development activity? 53:30 Local Network Recommendation? 57:00 How can we learn more about you? 58:00 That's our show! Thank you so much for listening and tune in next 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 are some items I should look out for during Attorney Review? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Chance Badertscher of Lavelle Law ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Be honest with yourself...how many excuses do you tell yourself? Farrah Ali was a single mom in debt, working full time, but did not let that deter her from financial freedom. Listen to her incredible story and how it has impacted all areas of her life. She details even more of this in her book, "Diaries of A Female Real Estate Investor." If you liked what you heard, please share it with a friend and let us know what you think! Enjoy the show! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Farrah Ali Link: Diaries of a Female Real Estate Investor: Learn How A Single Mom Went From 80k in Debt To a Multi Million Dollar Portfolio Link: We Win Chicago: Home Link: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Link: Andrew Holmes | HOME Sponsor: ChicagoREIA Sponsor: Appeal.tax ----------------- Guest Questions How did you get into real estate investing? 6:15 How did you decide on specific areas? 10:30 Investing in the suburbs vs the city. 14:15 Are you planning on going into bigger properties soon? 20:00 Tell us about the book? 22:30 What is "We Win"? 26:45 What are your near term plans? 28:45 What is your competitive advantage? 32:00 What is one piece of advice you'd give a new investor? 32:15 Wrap Up Questions What do you do for fun? 32:45 What is a good self development activity? 34:45 Network Recommendation? 35:15 How can we learn more about you? 35:45 That's our show! Thank you so much for listening! 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 does Chicago look like from an economist' perspective and why should investors care? Today, Dr. Joseph Pagliari explains some of his economic thesis related to Illinois' long term fiscal issues that are top of mind for so many investors. He provides options Illinois might have to address these issues, but are they specific to only Chicago or are the issues more widespread? Listen in today to a fascinating conversation. If you learned something, please share it with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Dr. Joseph Pagliari of The University of Chicago Booth School of Business Sponsor: ChicagoREIA Sponsor: Appeal.tax ----------------- Guest Questions Overview of state of Illinois fiscal conditions. 6:00 What options does Illinois have to improve their financial outlook? 13:15 What are some negative things we need to consider with tax issues?19:00 Will the tax classification system between commercial and residential properties ever go away? 22:30 What will post Covid downtown look like? 24:45 How will different markets react to tax issues? 29:30 How would foreclosures affect pricing today vs the financial crisis? 33:20 What are your thoughts on rent control? 41:30 What has been your competitive advantage? 46:15 What is one piece of advice you'd give a new investor? 47:43 Wrap Up Questions What do you do for fun? 49:30 Self development activity 50:00 Network Recommendations 51:15 How can we learn more about you? 52:15 That's our show! Thank you 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 are some common mistakes that cause investors to overpay for an investment property? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Rosario Terracciano | ClickInvest ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

The word "taxes" inspires fear from all types of investors, but especially in Chicago. From income tax, to property tax, we're paying a lot. Depreciation is one of Real Estate's greatest benefits, and there is a way to maximize that benefit immediately. Cost Seg Kev is here today to explain what cost segregation is and how it can be used to offset your tax liability. If you're not trying to save hundreds of thousands of dollars from here on out, well, this isn't the episode for you. Listen in and if you learned something, please share us with someone who can also benefit. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Kevin Cawley of Cost Segregation Services Sponsor: Puleo Group Sponsor: Appeal.tax Link: The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life Link: Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series) Link: David Pezzola of the Icarus Investment Group | Call David: 773-931-6498 ----------------- Guest Questions How did you get started? 6:00 What is depreciation? 10:00 What asset classes depreciate at 39% vs 27.5%? What is the benefit of cost segregation to an investor? 15:15 What kinds of things are broken out for smaller multifamily? 16:30 Is this right for everyone? 19:45 Is there a minimum threshold for when this makes sense? 23:45 How does the pricing structure for cost segregation studies work? 27:00 What are questions someone should ask when getting a cost seg offering? 33:00 What has been your competitive advantage? 35:25 What is one piece of advice you'd give? 36:40 Wrap Up Questions What do you do for fun? 37:30 Self development recommendation? 38:00 Network Recommendation? 38:45 How can we learn more about you? 40:00 That's our show, thanks so much for listening! Tune in next 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.

One of the most important allies to an investor is the broker they work with. Gloria Weikert runs the X-Plus team and has a specialty in helping clients buy investment properties. In today's episode, Gloria gives some insight on what it takes to win deals in a competitive market that go past just offering more money; breakdowns of different neighborhoods; tenant and rental profiles in varying neighborhoods as well as plenty more. Listen in and if you liked what you heard, or learned something today, give us a 5-star review and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Gloria Wiekert of X-Plus Realty Sponsor: Chicago REIA Sponsor: Appeal.tax Link: Sam Sharp Link: Tannehill Law LLC ----------------- Guest Questions Strategies to win deals in a competitive market. What does the market look like in the north Chicago neighborhoods? 5:45 Who are going to be the sellers in this market? 8:25 Are you able to find two units on the northside that make sense? 9:40 How do you handle clients who come and want to see a two flat with a non conforming unit? 11:20 Overview of the Avondale area? 13:30 Rental Expectations in Avondale? 16:15 Tenant profile on the west end of Avondale? 17:15 Escalation Rider explanation. 22:20 How do the rents change as you move south from Avondale? 27:45 Where are some people looking that are up and coming? 32:30 How do you see the future of the Loop? 35:50 What expectations do you give new buyers? 37:30 What is your competitive advantage? 39:30 Advice for new investors? 40:10 Wrap Up Questions What do you do for fun? 40:30 Self Development recommendation? 41:30 Local network recommendation? 42:10 How can we learn more about you? 42:55 That's our show! Thanks so much for listening. Tune in next 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.

How does an acquisition lender structure my financing when I'm looking to flip a property? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Eric Workman of Renovo 1 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Chicago is known for complex and restrictive landlord and tenant policies, but there are dozens of people fighting for change and protection. Kris Anderson of the Chicago Association of Realtors is one of those people on the front lines. Not everyone knows the role of CAR, so Kris explains what they do and his role in the machine as well as other groups and associations who are allies. Some hot button topics covered in today's episode include RLTO reforms and rent control; some of the biggest issues for individual landlords as well as some great reasons to be optimistic about Chicago's future. Listen in and if you like what you hear, give us a like, subscribe and leave a review. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Kris Anderson of Chicago Association of Realtors | E-mail Kris | Call Kris Sponsor: Appeal.tax and Showdigs Link: Additional Dwelling Units (ADU) Ordinance Link: The Color of Law: A Forgotten History of How Our Government Segregated America Link: Sarah Ware Link: Tammy Hajjar Miller ----------------- Guest Questions What do you do at the Realtor Association? 6:30 What other groups does CAR associate with? 9:00 What do you think is one of the biggest issues for mom and pop investors? 14:00 What are some of the main reforms pushed for in RLTO reform? 16:30 What can a Realtor do to push for this reform? 18:50 What's going on with Rent Control? 25:00 Why are you still bullish on Chicago? 31:00 Wrap Up Questions What is your competitive advantage? 37:30 What is one piece of advice for a new investor? 38:20 What do you do for fun? 39:20 Self development tool? 39:55 Local network recommendation? 41:15 How can we learn more about you? 42:25 That's our show! Thanks so much for listening. Tune in next 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.

Elgin has a long history of being one of the most significant cities located just outside of Chicago. Spanning two counties and one of the largest populations in Illinois, it offers a wide variety of housing options and investment strategies. Broker and investor, Mike Zwemke, takes us through his experiences of getting started and scaling in the area; his strategy and why he's interested in HOAs. We cover the economy of Elgin and the workforce, the different pockets and their associated housing stock and so much more. If you like what you hear, please leave us a 5 star review. Enjoy the show! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Mike Zwemke of Property Partners FV | Find Mike Zwemke on LinkedIn Sponsor: Chicago REIA Sponsor: Appeal.tax Link: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Link: Chris Davis - Full Service Real Estate Brokerage - Inspire Realty Group Link: Ottawa Savings Bank Link: Resource Bank - A National Bank Link: The First National Bank of Ottawa Link: Property Partners Of Fox Valley - Home ----------------- Guest Questions What excites you about Elgin? 7:15 What are some different pockets of Elgin that investors should be looking for? 8:20 Do you have a specific housing type that you look for? 10:10 What is the rehab process like when working in an HOA? 12:45 How did you buy your first rental? 14:00 How did you eventually decide on your areas of Elgin? 15:40 Where are the Elgin tenants working/commuting to? 16:50 What is the tax levy like in Elgin? 18:15 Elgin has multiple counties, do you focus on which county you're in? 20:25 What is the process of the Elgin sheriff sale? 20:55 What are some mistakes you've made with a sheriff sale? 22:15 How do you account for the township rental license programs? 25:00 What do you like about the fox valley economy that makes it independent from Chicago? 27:40 Is there anything you wish Elgin had more or less of? 32:30 Are you seeing a migration from Chicago to Elgin? 33:00 What is important to starting a relationship with community banks? 33:50 Wrap Up Questions What is your competitive advantage? 38:10 Advice for new investors? 39:00 What do you do for fun? 39:50 Self development activity? 40:10 Network recommendation? 41:30 Local Banker recommendations? 42:00 How can we learn more about you? 42:45 That's our show! Thank you so much for listening! 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.

Lumi Ispas has been a determined and successful investor, broker, and coach in Chicago for two decades. She's lost it all and gained it all back. In today's episode she shares her journey of emigrating from communist Romania to truly experiencing the American Dream through real estate. She addresses several hot topic items including early mistakes, key focus areas and how to analyze an area. She also talks about trends in greater Chicago that help her make informed decisions about the future. Please enjoy today's episode and leave a review for us. Stop by and check out our merch store which is live and linked in the show notes too! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Lumi Ispas of Century 21 Sponsors: Puleo Group and Appeal.tax Link: The Strangest Secret by Earl Nightingale (Daily Listening) Link: Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series) Link: Armando Chacon, CENTURY 21 Real Estate Agent in Chicago, IL Link: Steven Powers, CENTURY 21 Real Estate Agent in Chicago, IL Link: SUCI Merch Store ----------------- Guest Questions How did you get started? 5:40 How important is it to be an agent if you're an investor? 7:50 What were some early pain points when you started investing? 9:10 Where are areas you're invested in? 16:15 How far west are you investing? 20:10 Why did you decide to buy land? 27:30 Have you seen the city of Chicago pushing money into west side neighborhoods? 31:30 What kind of tenant base do you get on the west side? 35:32 Do you think Covid will positively or negatively affect this area of the city? 37:25 Wrap Up Questions What is your competitive advantage? 40:00 What is one piece of advice you'd give a new investor? 41:10 What do you do for fun? 43:20 What is one good self development tool you'd recommend? 44:55 Network Recommendation 46:22 How can we learn more about you? 47:05 That's our show! Thanks for tuning in again! 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.

Many fear what they don't understand. That's exactly why we put together this round table discussion with two other great CHA section 8 property managers. Listen in as we address the entire workflow from screening the applicants, to the move in, and everything that happens in between. Section 8 can be a great investment strategy, but it's imperative you understand how it works...ESPECIALLY in a city like Chicago. If you learned something today, please leave us a review and share us with a friend. Enjoy the episode! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jared Kott (Email: [email protected]) and Eric DeLeon (Email: [email protected]) of Chicago Section 8 Sponsor: Appeal.tax and Showdigs Link: HCV Inspections Link: Mobility Counseling Program Link: BiggerPockets: Real Estate Investing Community & Advice Link: One Rental At A Time: The Journey to Financial Independence through Real Estate Link: Chicago Section 8 Housing Resources ----------------- Guest Questions Jared, How do you respond to questions about accepting section 8 tenants? 9:00 Screening section 9:40 Eric, how do you screen section 8 tenants? 9:40 How do you account for utility costs with section 8? 11:20 Rent burden worksheet collection 14:40 How do extra costs like pets or garage get accounted for? 17:25 Paperwork question section 21:25 Best practices for submitting paperwork to the CHA? 22:30 Inspection section 30:45 Wrap Up Questions What are some best practices for inspection day? 31:30 What are some common fails on the initial inspection that can be avoided? 34:30 What are "emergency fails"? 44:00 What is rent abatement? 44:50 What is the typical timeline of a section 8 tenant? 49:00 What is the mobility program? 51:30 What is one piece of advice you'd tell someone who has never purchased sec 8? 53:44 What do you do for fun? 54:50 What is a good self development activity you'd recommend? 55:20 Who is one person you'd recommend? 56:20 That's our show! Thanks so much for listening! 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.

It's March and taxes are top of mind! However, by only reactively focusing on taxes during this one part of the year, you are potentially leaving money on the table. Aaron Zimmerman, a Chicago investor and CPA, provides great insights into how to best work with a CPA, the importance of maintaining good records, overlooked deductions, and proactive measures to maximize your net worth. Aaron also explains why it's important to understand the difference between capex and general maintenance come tax time. And why your accountant should break out their bill for you at the end of it, because yes, even that makes an impact. Lastly, he also covers the nuances of maximizing your return as a househacker. Listen in and let us know what you think! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Aaron Zimmerman of Lipschultz, Levin & Gray Sponsor: John Warren of Second City Real Estate Sponsor: Appeal.tax Link: MileIQ - Automatic Mileage Tracker - Deductions & Reimbursements Link: QuickBooks®: Official Site | Smart Tools. Better Business. Link: Stessa: Smart Accounting Software for Rental Property Landlords Link: Joe Fairless's Podcast | The Best Ever Real Estate Show ----------------- Guest Questions Landlord tip of the week 3:10 What is the difference between an accountant and a CPA? 6:00 What are some things you talk about when you talk to a new client? 6:45 What are some things an investor might do differently when trying to be tax smart? 8:00 What is depreciation in terms of real estate? 8:30 What tax laws came out in 2017 that allow for bonus depreciation? 9:50 What are the categories of expenses I should have categorized for a CPA? 11:00 What is a schedule E and where is it located? 12:35 How should an investor keep track of expenses for taxes? 14:00 What are some good softwares to help with bookkeeping? 16:15 What are some of the biggest things investors miss when they do taxes? 18:20 How is lost rent accounted for? 23:00 What are some nuances with house hacking compared to a traditional investment? 25:45 What are some write offs new real estate professionals can take? 27:15 What are some good things I should ask when interviewing accountants? 32:10 What are some red flags that get the attention of the IRS? 34:10 Wrap Up Questions What is your competitive advantage? 37:45 What is one piece of advice you'd give a new investor? 38:40 What do you do for fun? 38:50 What is a good self development activity you'd recommend? 39:10 Network recommendation? 39:30 How can we learn more about you? 40:00 That's our show! Thanks so much for listening! 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.

Would you trade salary for knowledge? John Westbrook spent time straight out of college working for one of Chicago's largest property managers to build-up his foundational knowledge of the industry. John has since transformed this knowledge into a substantial portfolio of multifamily buildings on the Northside. John explains how he plans for the long-term with his rehabs, appreciates previously gutted buildings, and focuses on the end users experience to differentiate his investments (it's much more than numbers on a spreadsheet). John also shares the importance of finding mentors and how his partnerships have catapulted him to success. If you enjoy today's episode, please leave us a review and share us with someone who may also find value in this content. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: John Westbrook of Logan Square Real Estate Broker | @properties Sponsor: ShowDigs Sponsor: Appeal.tax Monthly Tip: Renovo Financial Link: Luke Blahnik - Chicago Real Estate Broker | @properties Link: Muros | A Global Art Activation Agency Link: Bigger Pockets Link: The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It ----------------- Guest Questions Intro. 9:30 What are some key things you learned while working for such a large landlord? 13:20 Did you ever consider buying smaller buildings rather than larger buildings? 14:30 What are some neighborhoods you're active in? 16:00 What are you looking for on a deal in Humboldt Park? 17:45 When you got artwork commissioned, did you need to get permissioned for it? 25:30 What would you tell someone who owns a 3 unit in terms of financing? 32:10 Walk us through this large multi family. 33:50 How do you estimate how long it will take to rehab a large building? 38:20 What can you tell us about west humboldt park? 42:30 Wrap Up Questions What is your competitive advantage? 45:33 What is one piece of advice you'd give to a new investor? 46:23 What do you do for fun? 47:30 What is a good self development activity you would recommend? 49:20 Quality resource 50:10 How can we reach you? 50:50 That's our show. Thanks for listening to another great episode! 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.

For our 50th episode we thought we'd give everyone a special treat... Andrew Holmes is one of the most well-known names in Chicago Real Estate Investing. Andrew explains his incredible journey, from his early days as a hustling agent, to how he structured his first few investment deals. Andrew dives into specifics on how he finds deals, what attributes he looks for in an investment property, how he underwrites properties, and how he teaches others to scale. There is so much to break down here it's an episode you'll need to listen twice! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Andrew Holmes of Andrew Holmes Real Estate Sponsor: John Warren of Second City Real Estate Sponsor: Appeal.tax Link: The Intelligent Investor Link: National RE Invest ----------------- Guest Questions Guest Introduction 7:20 When you were a young agent, what separated you from the crowd? 8:40 How did you pivot from real estate agent to real estate investing? 13:10 How did you scale during 2008? 15:30 How are you doing this today with your students? 22:50 What are some strategies you teach students? 27:30 How are you suggesting students to underwrite for the soft costs? 31:50 How are you teaching students to buy properties in this competitive environment? 40:00 Why do you prefer single family over multifamily? 42:45 How are you accounting for some of the issues around the Chicagoland area? 45:20 How did you start and grow Chicago REIA? 47:20 Wrap Up Questions What is your competitive advantage? 50:00 What is one piece of advice you'd give to a new investor? 50:40 What do you do for fun? 51:35 What is a good self development activity you'd recommend? 52:20 Who is one person you'd recommend from your local network? 54:40 How can we learn more about you? 55:50 That's our show. Thanks for listening to another great episode! 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.

For the past 15+ years, Rosario Terracciano has been cutting his teeth with a lot of hard learned lessons. In today's episode, he shares some early mistakes he made about buying, working with contractors, estimating ARVs and leasing. He shares how he weathered the sub-prime crisis and emerged stronger - co-founding Clickinvest and ultimately representing banks and buyers in more than $300 million of real estate transactions . Some of the big industry shifts that took place during the sub-prime crisis are still at play today and he Roario provides strategies to prepare and thrive if another downturn hits. 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: Rosario Terracciano of Clickinvest Sponsor: ShowDigs Sponsor: Appeal.tax Link: The Power of Positive Thinking: Peale, Dr. Norman Vincent Link: Workman Lending Team Link: [email protected] | [email protected] ----------------- Guest Questions Landlord tip 3:25 About Rosario 5:20 What does it mean to "buy wrong?" 8:10 What was your exit strategy on the bad mistakes? 13:30 What was your next move after foreclosure? 17:20 Did you just focus on Chicago? 21:30 What would you say to an investor interested in working with an REO agent? 22:30 How has institutional money changed the investing landscape? 32:40 How does an individual investor capitalize on the institutional strategy? 36:45 What is the benefit to working with click invest? 43:20 How are the click invest deals financed? 46:20 Wrap Up Questions What's your competitive advantage? 48:20 What is one piece of advice you'd give a new investor? 49:45 What do you do for fun? 51:35 Self development activity? 52:15 Who would you recommend as a quality resource? 53:15 How can we learn more about you? 53:50 Chicago fact 54:45 That's our show. Thanks for listening to another great episode! 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.

For everyone working a W2 job, our guest today, David Shifrin, is a great example of how to incorporate real estate into your long-term plan without having to give up your current career. David Shifrin wanted a way to marry his professional career as a plastic surgeon to his interests in becoming a real estate investor. This path led him to Motor Row and an acquisition of a historic Chicago building. Listen as he describes why he is bullish Motor Row and the lessons he learned as he simultaneously built two businesses from the ground up right on Motor Row. If you like what you hear today, share us on Facebook and tag us with what you found most interesting. If you want to see how we can improve your properties performance, reach out to us at GCRealtyInc.com. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: David Shifrin of David Shifrin MD Sponsor: John Warren of Second City Real Estate Sponsor: Appeal.tax Link: Am I Being Too Subtle?: Straight Talk From a Business Rebel Link: Evergreen Bank Group | Oak Brook, Evergreen Park, Hinsdale, IL Link: Mike Chock on LinkedIn Link: Robert Sikkel | Goose Island Real Estate Broker | @properties Link: David Shifrin MD | Chicago Plastic Surgeon ----------------- Guest Questions Landlord tip of the week 4:20 Guest Intro 7:15 What excited you about investing in real estate? 8:00 Why did you decide to go down the hands on approach rather than a syndication? 9:00 Description of motor row? 10:30 Was the building vacant when you bought it? 13:00 What types of challenges did you have when you took on this project? 14:00 Can you explain TIF funding? 16:40 Did you know you were investing in a historical district and the challenges that presents? 20:00 Can you explain cost segregation? 21:30 While you were doing the work on your building, are you continuing to look at other deals? 25:50 What's your primary strategy for searching for buildings? 27:30 Wrap Up Questions What is your competitive advantage? 32:30 What is one piece of advice you'd give to a new investor? 33:30 What do you do for fun? 34:09 What is a good self development tool you'd recommend? 34:40 Name one person you'd recommend as a good local resource? 36:37 How can we learn more about you? 37:25 Chicago Fact 38:05 Thanks for listening! Give us your feedback, give us your ideas for what should be on the show; we love hearing what you want and we are listening. 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.

The term "1031 Exchange" is ubiquitous, but do you really know what it is or how to even engage in one? Lauren Speidel of Exeter1031 is a subject matter expert and breaks it down for you today. She'll explain the different parties involved, what the criteria are and what you need to know before having the necessary conversations. Our hosts, Tom and Mark, have great FAQs for Lauren and she delves into a lot of content on one of our most informative episodes yet. If you like what you hear today, share us on Facebook and tag us with what you found most interesting. If you want to see how we can improve your properties performance, reach out to us at GCRealtyInc.com. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Lauren Speidel of Exeter 1031 | Connect with Lauren on LinkedIn Sponsor: John Warren of Second City Real Estate Sponsor: Appeal.tax Link: The Exeter Group Launches Go Ahead, ASK! Podcast Link: Mandy McAllister Link: Exeter 1031 on Facebook ----------------- Guest Questions Guest Intro 6:20 What is a 1031 exchange? 7:15 What is a "like property" and how do you define it? 9:25 What is an intermediary and what happens before and after a closing? 13:15 What are some questions you should ask an intermediary? 14:55 How does the purchase of a new property differ from a regular closing when in a 1031 exchange? 21:32 Can I wrap a whole portfolio into a single 1031? 22:45 How does househacking fit into a 1031 exchange? 24:20 What can you do with a vacation rental or second home when it comes to a 1031? 28:50 Do you have conversations with clients' CPAs? 30:20 Is there a minimum dollar threshold you recommend clients have before it makes sense? 33:15 Can 1031 Exchanges work when an entity wants to split after a closing and put the proceeds in a new entity? 34:00 What are the time limits on seasoning and intent to hold? 37:00 What are the estate planning benefits to 1031 exchanges? 38:00 What is a reverse 1031 exchange? 40:45 Wrap Up Questions What is your competitive advantage? 43:00 What advice would you give someone who is about to sell in Chicago? 44:00 What do you do for fun? 44:35 What is a good self development activity you'd recommend? 45:20 Is there any way we can provide value to you or learn more about you? 46:50 Thanks so much for listening. Please share this with a friend and leave us a 5 star review. Thank you so much for listening. As always, we're here to help YOU. 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.

Chicagoland is an enormous market with a ton of sub markets. Anthony Citriglia of Essex Realty's submarket covers many of the near north and near northwest suburbs and he breaks down exactly what those markets are like; how they differ from Chicago; and how they differ from each other. Following the post-war boom, cheaper access to cars, and the development of several Metra lines, the 50s-80s were filled with tons of development, mostly still currently owned by mom & pop landlords. Find out what it takes to succeed in these markets as Anthony drops street-level knowledge including typical price-per door, dividing lines where this pricing adjusts, tenant expectations, and the physical housing stock. If you want to improve your own tenant performance, give GC Realty a call and visit our website at https://www.gcrealtyinc.com/ Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Anthony Citriglia of Essex Realty Group Link: Brian Kochendorfer Link: Brian Karmowski Link: Kevin Cawley - Senior Account Executive - Cost Segregation Services, Inc. ----------------- Guest Questions Landlord tip of the week 3:00 What markets do you focus on? 6:30 What is the market environment in Niles? 7:25 Is there a difference whether you're on the East or West side of Milwaukee in Niles? 8:30 How do property taxes change when you jump over the city limits? 9:35 When someone says they want to invest, how do you answer that? 11:00 How are prices different between Niles and Skokie? 11:50 What is the opportunity like in Evanston compared to Skokie? 14:45 What is the housing stock in the north suburbs? 15:30 What is something people should be aware of when investing in the north suburbs? 16:10 How does the northwest market differ from the north suburbs? 17:45 What is the housing stock like of the near northwest suburbs? 21:35 How important is it to be close to the NW metra line? 21:55 Is there opportunity for deals in the NW suburbs? 23:20 What are some problems buyers are seeing when properties are under contract? 29:30 What is a california style building and how do those trade? 32:50 Wrap Up Questions What is your competitive advantage? 33:40 What is one piece of advice you'd give a new investor? 34:25 What do you do for fun? 35:00 Who would you recommend and a quality resource? 36:05 How can we learn more about you? 37:12 Thanks so much for listening. Please share this with a friend and leave us a 5 star review. Thank you so much for listening. As always, we're here to help YOU. 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.

For over 35 years, Jack Crane has been providing expertise on financing the acquisition and rehabilitation of commercial real estate. The majority of those years have been spent as Sr. VP of lending at CIC where he is responsible for carrying out the mission to be a leading force in both neighborhood revitalization and affordable housing. From lending during tough times, to helping analyze risk, Jack explains how CIC has played a predominant role over multiple decades in transforming Chicagoland neighborhoods. Jack also describes how you as an inverter can benefit from CIC's lending programs and experience to better rehab and finance your next investments. If you like what you hear, please share us with a friend and leave us a 5 star rating. Lending Tip of the Month brought to you by Renovo Financial - https://www.renovofinancial.com/ Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Jack Crane of Community Investment Corporation Monthly Tip: Renovo Financial Link: Troubled Building Initiative (TBI) Link: Elevate Energy Link: The Resurrection Project Link: Jack Crane - Senior Vice President - Director of Lending - Community Investment Corporation Link: Caste (Oprah's Book Club): The Origins of Our Discontents Link: AIA | Jack Cassin Link: Property Management Training – Community Investment Corporation ----------------- Guest Questions Lending Tip of the Month brought to you by Renovo Financial Landlord Tip of the Week 4:00 Renovo Value Add 5:45 How to get started as a new flipper? 5:50 What is CIC's mission? 10:15 In what way is CIC different from typical lenders? 13:30 Where do the CIC's funds come from? 16:35 What does the typical deal someone brings to CIC look like? 18:20 Are there lending requirements for deals CIC finances? 19:50 Once rehab is complete, do investors need to refinance out of the loan? 21:30 What's the minimum size of property the CIC will fund and what do you focus on? 22:00 What are some everyday type of activities that might qualify for energy grants? 27:00 What are some other reasons investors would work with CIC over other lending institutions? 28:50 Is there any comparison to the 80s uptown and rogers park in today's market? 32:00 What is the resurrection project? 35:13 Wrap Up Questions What is CIC's competitive advantage? 38:20 What is one piece of advice you'd give a new investor? 38:45 What do you do for fun? 39:10 What is a good self development activity you'd recommend to our listeners? 40:00 Who is one person in Chicago you'd recommend as a quality resource? 40:50 How can we learn more about you? 41:40 Chicago Fact 43:15 Thank you so much for listening. As always, we're here to help YOU. 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 many ways are there to finance buying a property? Way more than I'm aware of which is why our guest Chris Puleo is here. With his robust 20+ year career, Chris has seen it all and explains a plethora of different popular products. With so much interest in househacking, of course we talk about the FHA product and calculating the self sufficiency tests. Not to mention some of the things investors AND brokers need to be aware of when putting offers on properties with an FHA loan product. Chris also compares the differences between buying in your personal name and buying in an LLC. There's a lot to unpack so let's get to it and if you like what you hear, or you learned something, please subscribe to our channel and give us a 5 star review. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: GC Realty & Development Guest: Chris Puleo of The Puleo Group Link: GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent Link: Chris Puleo - The Puleo Group, Powered By Preferred Rate. NMLS 204168 | Call Chris | Email Chris ----------------- Guest Questions Landlord tip of the week 2:46 What are some differences between owner occupied and investment loans? 6:10 How have reserves changed before COVID vs now? 7:45 Can you talk about some of the contingencies regarding FHA loan for owner occupied properties? 9:20 Why is a 3 flat more difficult to underwrite than a 2 and 4 flat? 15:50 What are some risks FHA users need to consider when buying a property? 20:25 When would it make sense to buy down points on an FHA loan? 21:50 What are some differences between buying a property in a personal name vs an LLC? 24:20 Can you explain paydowns on wrap around loans and why a sale of one property would go to the debt of many properties? 26:50 What are some things you'd want to see from a new investor you've never done business with before? 30:00 What are some things that someone looking to househack should know when going to speak with you? 32:15 How do you think the lack of inventory has played into our current financing environment? 36:10 Wrap Up Questions What's your competitive advantage? 37:52 What is one piece of advice you'd give to a new investor? 39:00 What do you do for fun? 39:25 What is one good self development activity you would recommend to our listeners? 40:22 Who is one person you'd recommend from your local network? 41:10 How can we learn more about you? 42:50 That's our show! Thanks for tuning in once again! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Have you ever looked at your significant other and wanted to build an empire with them? That's exactly what Nicky and RJ De Leon have been doing since the early days of their relationship. Today, they tell their story from start to current day, diving into how they had all those hard conversations about deciding on the first location, getting on the same page as your partner and so on. Since that initial househack, they moved on into bigger projects but not alone. Listen to how they went about networking and building those partnerships that helped propel them further. All that they have accomplished has also been with full time jobs. Listen to their journey and leave us some feedback. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: GC Realty & Development Guest: Nicky and RJ De Leon of NVR Properties LLC, EJC Partners Link: Operation Family Secrets: How a Mobster's Son and the FBI Brought Down Chicago's Murderous Crime Family Chicago Multifamily Club (Chicago, IL): MeetUp | Facebook Link: The Real Estate InvestHer Link: EJC Partners - Value-add Construction for Real Estate Investors Link: First State Bank | Personal & Business Banking Link: The Only Woman in the Room: A Novel Link: The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM) Link: Shoe Dog: Knight, Phil, Butz, Norbert Leo: 9781508211808 ----------------- Guest Questions Landlord Tip of the Week 2:45 How did your first house hack get started? 6:20 What happened after your first househack was a success, where did you go next? 11:40 What was different about the due diligence between the 3 unit and 6 unit buildings? 13:20 What were some things that surprised you about owning a 6 unit? 15:07 What were some improvements you've considered doing when you bought the 6 unit building? 19:40 What did you do with the equity you gained from the first 3 flat in bronzeville? 22:40 Can you dive into the 3 flat rehab project details? 24:30 How did you get into Avondale? 29:40 Do you take on projects outside of your own investments for EJC Partners? 31:40 Can you share some details about how you found and got involved in your current large multifamily? 34:50 Where are deals coming from? 38:00 Wrap Up Questions What has been your competitive advantage? 43:05 What is one piece of advice you'd give a new investor? 44:08 What do you do for fun? 45:40 Who would you recommend as a quality resource? 48:25 That's our show! Thanks for taking the time to listen and please leave us a 5 star review. Also consider joining our Facebook group at https://www.facebook.com/groups/3265227216848263 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

In today's episode, attorney Bob Floss dives further into the current RLTO ordinances and how the proposed ordinance affects investors, landlords, and tenants alike. With so much changing day to day, it can be challenging to keep track of best practice. This is why it's necessary to have solid legal representation on your team when dealing with tenant issues. Bob also discusses the new ADU ordinance and how investors can benefit from the current pilot. Listen in and let us know what you think. If you need help managing your tenants, connect with us and make the most out of your investment at https://www.gcrealtyinc.com/. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: GC Realty & Development Guest: Bob Floss of Floss Law Link: City Council to review revised ADU ordinance to apply in pilot areas only Link: Accessory Dwelling Units (ADU) Supporters in Chicago Link: The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich Link: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork Link: Brie Schmidt, Managing Broker/Owner Link: North Shore Real Producers - Real Estate Link: Floss Law, LLC ----------------- Guest Questions Landlord Tip of the Week 4:20 What does the RTLO look like and how does it impact landlords? 8:45 What are some of the big things that will impact investors in the ordinance? 20:20 What kind of unintended consequences are of risk to the tenant? 23:15 What is proposed regarding the ADU changes? 31:40 How is it different if I'm in an approved ADU zone compared to getting a regular zoning variance? 38:00 Wrap Up Questions What's your competitive advantage? 44:42 What is one piece of advice you'd give a new investor? 45:30 What do you do for fun? 47:23 What is a good self development activity you'd recommend? 48:10 Who would you recommend as a quality resource? 49:10 How can we learn more about you? 50:40 That's our show! Thanks for taking the time to listen and please leave us a 5 star review. Also consider joining our Facebook group at https://www.facebook.com/groups/3265227216848263 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

As we wrap up 2020, a huge thank you to all our listeners and active participants that have helped transform this podcast from a simple idea of sharing localized knowledge into its current state (which we view as a success). In this episode, Mark and Tom give a quick state of the union of the podcast and also dive into what they learned over 40 episodes, including some of their favorite episodes and nuggets. We also lay out what to expect from SUCI as we continue to try and add valuable content, while also soliciting your feedback. Congrats on what you've accomplished this year and keep plowing ahead. If you found this episode helpful, please give us a 5 star rating and share us with a friend. And if you own properties and do not manage yourself, please reach out if you want to see how we can improve your property performance, check us out at GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] That's our show! Thanks for taking the time to listen and please leave us a 5 star review. Also consider joining our Facebook group at https://www.facebook.com/groups/3265227216848263 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Tom Raleigh, of Halsted Law Group, breaks down the current environment for landlords as it relates to the eviction process. COVID has shaken things up, and understanding what you can and can't do is more confusing than ever, so having an ally who understands the rules and will fight for you is paramount. Listen to our hosts ask Tom some FAQs about landlord process and protocol and learn about a new service coming out to help landlord's screen tenants way more effectively! Rent Butter is coming in 2021 and you'll want access to it. If you found this episode helpful, please give us a 5 star rating and share us with a friend. And if you own properties and do not manage yourself, please reach out if you want to see how we can improve your property performance, check us out at GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: GC Realty & Development Guest: Tom Raleigh of the Halsted Law Group Link: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork Link: Know Your Rights: COVID 19 Eviction Protection Ordinance Link: Rent Butter Link: Sell More Faster: The Ultimate Sales Playbook for Startups (Techstars) Link: Das Law – Litigation Attorney in Chicago, IL ----------------- Guest Questions Landlord tip of the week. 3:15 Can you tell us about what laws and rules landlords have to follow right now? 6:30 What do you do if you have a non paying tenant in Chicago? 8:10 How do you get a hold of tenants who are unresponsive? 10:40 Is there a difference with non paying tenants if there is an active lease or an expired lease? 12:50 What does the solution look like when you have a tenant who is not paying? 16:00 What happens if a tenant goes silent after giving all the notices? 21:00 Know your rights form rundown. 23:25 What happens to landlords who were filing evictions prior to covid? 25:20 What is your two minute rundown on Rent Butter? 29:20 Wrap Up Questions What is your competitive advantage? 36:40 What is one piece of advice you'd give a new investor? 39:14 What do you do for fun? 39:45 What's a good self development activity you would recommend? 40:25 Who would you recommend as a quality resource here in chicago? 40:45 That's our show! Thanks for taking the time to listen and please leave us a 5 star review. Also consider joining our Facebook group at https://www.facebook.com/groups/3265227216848263 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

In today's episode, Sean Connolly talks about his not so usual journey of scaling to a multi- million dollar portfolio and the lessons and tools he's acquired over the past 8 years. Sean provides his advice on investing in certain southside markets as a new investor and if you're not doing volume, why it's so important to control your material cost. Sean also provides his thoughts on the imminent future of the Chicago real estate market. Lastly, he explains the role and significance of virtual assistants and how they can help you scale. Listen in to hear all that he has to say, and if you learn something, hit that 5 star button. If you want to see how we can improve your property performance, check us out at GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: GC Realty & Development Guest: Sean Connolly of the Scale Virtually: Home | Email Sean | Call Sean Link: Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas Link: Scale Virtually: Home Link: Virtual Freedom: How to Work with Virtual Staff to Buy More Time, Become More Productive, and Build Your Dream Business Link: Traction: Get a Grip on Your Business: Wickman, Gino: 0783324916904 Link: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork Link: The Experience Transformer - Fillable PDF Link: Straight Up Chicago Investor Club | FB Group ----------------- Guest Questions Guest Introduction 6:25 Where have you been investing over the past 8 years? 7:50 Why move from Austin to the southside? 10:00 Are you mostly flipping or holding? 10:25 How did you do your first 50 units in Austin? 11:18 What is your outlook on the Chicago housing market?19:10 How did you start using virtual assistants to scale? 27:18 At what point can an early investor get involved with a virtual assistant? 33:30 Tell us about your bad cash for keys experience? 39:55 Wrap Up Questions What is your competitive advantage? 43:04 What is one piece of advice you would give a new investor? 44:00 What do you do for fun? 44:55 What is a good self development activity you would recommend? 45:25 Can you name someone who you'd recommend as a resource? 46:00 How can we learn more about you? 47:10 That's our show! Thanks for taking the time to listen and please leave us a 5 star review. Also consider joining our facebook group at https://www.facebook.com/groups/3265227216848263 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Are you looking for distressed deals? The Cook County Land Bank (CCLB) has plenty and they go right under most investor's noses! In today's episode, Rob Rose provides an overview of the CCLB, a socially responsible wholesaler working with investors to turn dilapidated properties into newly remodeled homes. Rob describes CCLB's acquisition process, their commitment to neighborhoods, CCLB's unique ability to wipe out liens, and how you can engage with CCLB to get in on the action. Listen in to hear all that he has to say, and if you learn something, hit that 5 star button. If you want to see how we can improve your property performance, check us out at GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: GC Realty & Development Guest: Rob Rose of the Cook County Land Bank Link: Family Properties: How the Struggle Over Race and Real Estate Transformed Chicago and Urban America Link: Thurman Tony Smith on LinkedIn Link: Calvin L. Holmes ----------------- Guest Questions Landlord tip 4:30 What is the Cook County land bank? 7:22 What is the land bank able to do faster than the county/city can? 9:10 Besides REO, what are some other ways the land bank acquires property.10:00 What is a tax sale, annual sale and scavenger sale? 13:00 How is your budget funded? 23:00 What kind of activity have you guys been doing? 25:10 What's the distribution of property types that you acquire? 30:10 As an investor, how can I engage in the land bank? 34:35 What are things the land bank wants to see on applications for new applicants? 39:20 How often are inventories on the website updated? 43:10 What are the restrictions on the sale? 44:20 Wrap Up Questions What has the land bank done to be successful? 48:15 What is one piece of advice you'd tell someone who has yet to buy their first property through the land bank? 49:40 What do you do for fun? 51:48 What is a good self development product you'd recommend? 52:01 Who would you recommend as a resource in Chicago? 53:45 How can we find out more about you? 54:50 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

In today's episode, our guest Mike Glasser, President of the Neighborhood Builders Owner Alliance, explains how neighborhood housing provider advocacy groups are fighting for fair and lawful protection for investors in and around Chicago. Mike lays out the current advocacy campaign against the proposed CRTLO, the differences between the CRLTO and the RTLO, and the unintended consequences from previous legislation. Lastly, he gives advice on what you can do to help support the fight. Listen in and if you find value in today's episode, please leave us a 5 star review and recommend us with a friend. If you want to see how we can improve your property performance, check us out at GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent. Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: John Warren Guest: Mike Glasser of Magellen Properties Link: Neighborhood Building Owners Alliance (NBOA) Link: Chicago Tribune Link: Chicago Sun-Times ----------------- Guest Questions Landlord Tip 6:15 What is the NBOA and the current coalitions in it? 9:10 If I'm a landlord, why should I care about these groups? 11:50 Who are the advocacy groups advocating to? 14:25 What were some of the unintended consequences of the CRLTO? 18:45 If the RTLO passes, what does this mean for property owners? 23:10 Has there been any pushback from individual cook county cities? 28:20 What can investors do to help with the advocacy campaign? 33:15 Do you think rent control will come up again? 34:50 Wrap Up Questions What is your competitive advantage? 39:15 What is one piece of advice you'd give a new investor? 40:05 What do you do for fun? 40:40 What is a good self development activity you'd recommend? 42:00 Who would you recommend as a quality resource? 43:00 How can we learn more about you? 43:30 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

First and foremost, a huge thank you to all our listeners! Please continue to be active members of our community and help spread the good word! This Thanksgiving, we want to take a quick moment to reflect on all the great things and opportunities we have in this great city of Chicago. A rich history, epic sports franchises, an extensive park network and some of the best food in the world are only the tip of the iceberg. With one of the largest metros in the country, we've been able to build this podcast and develop this network of investors and entrepreneurs. Listen in as we talk about some of the city's highlights and teach each other a bunch of things about our home. Listen in and if you like what you hear, leave us a 5 star review and share us with a friend. If you want to see how we can improve your property performance, check us out at GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent. Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: John Warren Guest: Tony Angelos of IRPINO Real Estate Link: Geoffrey Baer Tours Link: Unusual Attractions in Chicago Book: Am I Being Too Subtle?: The Adventures of a Business Maverick by Sam Zell Book: South Side by Natalie Y Moore Link: The City Podcast Episode 1 - Six Stories Book: The Jungle by Upton Sinclair Link: Papa Joe's Pizza ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Jon Womack of Third City Properties has been investing in the Chicago market for four years focusing on the northwest neighborhoods of Belmont Cragin and North Austin. Jon dives into what the investment landscape looks like in these areas, including tenant expectations of finishes and his general investment strategies. One of the key differentiators for Jon is his involvement in local neighborhood coalitions. Jon heads up the Northwest Side Building Coalition and is also an active member of the NBOA. Jon lays out several Chicago neighborhood coalitions that you can participate in to help move your neighborhood forward. Listen in and if you like what you hear, leave us a 5 star review and share us with a friend. If you want to see how we can improve your property performance, check us out at GC Realty & Development, LLC.: Chicago Property Management, Chicago Homes for Rent. Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: John Warren Guest: Jon Womack of Third City Properties Link: Northwest Side Housing Center Link: AAABNA | The Austin African American Business Networking Association Inc. | Chicago IL Link: HOME | Nonviolence Chicago Link: Uptown United: Home Link: Rogers Park Builders Group Link: Northwest Side Building Coalition Link: Know Your Rights: Fair Notice Ordinance Link: Home - Drexel Properties LLC Link: Jeff Weinberg on LinkedIn Link: The Wilcox Company Link: Joseph J. Wilcox - Chicago, IL Real Estate Agent | realtor.com® Link: Neighborhood Building Owner's Alliance – A Voice for Chicago's Building Owners ----------------- Guest Questions Landlord tip of the week 2:25 Guest Intro 6:00 What neighborhoods are you focused on in Chicago? 7:50 Why Belmont Cragin 8:50 What's different in Belmont Cragin since when you started in 2016? 10:45 What's the housing stock like in Belmont Cragin? 12:45 What are tenant expectations on finishes in this area? 14:25 What's your strategy in the Belmont Cragin area and what should a prospective investor be looking out for? 16:00 How do you do the financing on a place that is gradually renovated? 17:30 How do rental rates change as you move across the Belmont area? 19:15 What opportunities do you see in North Austin? 21:00 Can you walk us through the community groups you're involved with? 28:40 What drove you to be so involved in the community? 33:20 Wrap Up Questions What's your competitive advantage? 36:30 What is one piece of advice you'd give a new investor in Chicago? 37:08 What do you do for fun? 38:00 What's a good self development activity you'd recommend? 38:15 Who would you recommend as a quality resource? 38:35 How can we learn more about you? 39:20 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

With the right mindset, anything can be achieved. Shantanu Kamra is living proof, having moved to the US 8 years ago and Chicagoland just about 2 years ago, he's been able to scale his portfolio in the western suburbs to over 40 units. In today's episode he talks about househacking, BRRRR strategy execution, and scaling into larger buildings. He also gives advice on why coaching has worked for him while so many others do nothing with the information from a mentor. Shantanu breaks down certain suburbs like Bellwood, Franklin Park and Maywood and dives into the concept of pocket investing. Also, to get a free white paper on "Advantages of Private Lending for Multi-family Deals", email Shan at [email protected]. His cellphone is: (847) 644-0262. Like what you hear? Please take the 5 second to leave us a review. Listen in and share with a friend! Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: John Warren Guest: Shantanu Kamra of Homesmart Link: Chicago REIA Link: Lawyer Georgina Diaz - Berwyn, IL Attorney Link: Drew Stiegemeier | Loan Specialist ----------------- Guest Questions Landlord Tip of the Day 3:18 Guest Intro 5:30 When did you decide to get into real estate? 7:05 What was the backstory behind the first house hack? 8:00 How did you decide on Elmwood park for your househack? 9:15 What was the next step after the first house hack? 10:30 How did you allocate time to identify properties that had signs of distress? 14:50 How much time would you spend nurturing prospects after you've had your first conversation? 16:00 How did you finance your deals? 19:07 When did you get involved in the MFH that are larger than 4 units? 22:50 What are some experiences you learned from your first 6 unit building? 24:10 What are some of the things you like about Bellwood and Northlake? 26:30 How do you maintain discipline when looking at investments? 32:20 How do you run your numbers and get to your cashflow number? 35:00 Why did you get involved in coaching programs and why did you succeed when so many failed? 36:25 Wrap Up Questions What is your competitive advantage? 38:00 What is one piece of advice you'd give a new investor? 38:50 What do you do for fun? 40:45 What's a good self development activity you'd recommend? 41:10 Who is one person in your local network you'd recommend as a resource? 41:46 How can we learn more about you? 42:20 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Are you interested in multifamily buildings in the southside of Chicago? Are you looking to know the ins and outs of Bronzeville along with some of its adjacent neighborhoods? Ted Stratman is one of the leading brokers in Chicago and in this episode he lays out invaluable block by block knowledge - including what rents have done over the last twelve months, how demand in Bronzeville and its surrounding area has fared through COVID, and what types of opportunities are available in specific sub-markets. Listen in and hear more from Ted Stratman. If you like what you hear, hit that subscribe button and share this with a friend! Like what you hear? Please take the 5 second to leave us a review. Listen in and share with a friend! Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: John Warren Guest: Ted Stratman of Interra Realty Link: The $100 MBA Link: JS Group Link: Interra Realty Link: Chicago Property Management ----------------- Guest Questions Landlord tip of the week 4:50 Guest Intro 7:50 Any insight in what the south loop multifamily market looks like in the next few years? 8:50 How have rents in your neighborhoods fared in the last twelve months? 12:05 What are the geographic boundaries to Kenwood and why would an investor look there? 13:07 What's the housing stock in Kenwood like? 15:20 Can you talk about the multifamily housing in Bronzeville and the housing stock there? 18:30 Are you seeing value add opportunities in Bronzeville?20:55 What are ARV's like on the slight value add projects? 22:15 Has there been any new developments near 43rd and the green line? 28:00 What are the opportunities around 47th and 51st corridor 28:47 What would a 500K investment mean in your neighborhoods? 33:25 What kinds of redevelopments have you seen in the last 10 years that have transformed the area? 35:30 How do you think COVID will affect Bronzeville? 38:40 Are there any nuances I should be aware of if you're doing a rehab in Bronzeville? 40:00 What's different in transactions today than when you started? 40:55 Any other areas you like in the southside? 42:40 Wrap Up Questions What is your competitive advantage? 44:20 What is one piece of advice you'd give a new investor? 46:10 What do you do for fun? 47:28 What's a self development activity you use? 48:15 Who would you recommend as a resource in your local network? 49:50 How can we learn more about you? 50:51 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Luke Blahnik of Flor Blahnik, is a true real estate entrepreneur (and owner of Avondale Bowl!). In this episode, Luke provides block by block insights investors need to know to successfully invest in Logan Square. He explains what attracted him to the area as well as the future prospects for growth despite the massive run up over the past 10 years. Luke dives into tenant expectations, rehab expectations, demand as it relates to Boulevard proximity, and the long-term value of brick buildings and oversized lots. Luke also breaks down surrounding neighborhoods and provides his thoughts on the future of Avondale, specifically around the Blue Line stops. Like what you hear? Please take the 5 second to leave us a review. Listen in and share with a friend! Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: John Warren Guest: Luke Blahnik of Flora | Blahnik| Luke's Instagram | Call Luke Link: The Pullman Historic District Link: Avondale Bowl Link: Logan Square Preservation Link: Logan Square Neighborhood Association Book: The Tipping Point: How Little Things Can Make a Big Difference Link: Erwin Law Link: Radio Headspace on Apple Podcasts ----------------- Guest Questions Landlord tip of the week 2:40 How did you get started in Logan Square? 8:30 Is there still growth in Logan after this 10 year run? 11:30 Has there been any upsizing of buildings in Logan? 13:50 What are some things an investor should be looking for at an investment? 15:05 How has the 606 played into the investment thesis of logan square? 18:00 What are your opinions on 2 unit frame buildings staying as rentals? 20:25 Do you think the growth of Logan Square will go west into Hermosa and Belmont-Craigin? 22:45 What are things I should look for if I'm new in Avondale or northwest neighborhoods? 25:40 How are you able to find deals in today's market where things are getting multiple offers? 29:40 Is there any difference between the California or Logan blue line stops? 33:10 How does COVID affect somewhere like Logan Square which is so tied to access to transit? 35:40 Wrap Up Questions What is your competitive advantage? 37:00 What is one piece of advice you'd give a new investor in Chicago? 38:20 What do you do for fun in Logan Square? 39:10 What's a good self development activity? 40:20 Besides yourself, name one person in your network you'd recommend? 41:47 How can we learn more about you? 43:10 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

"You have to watch out for your property taxes," has been said in numerous episodes. On today's episode we bring a tax appeal expert to explain how to proactively protect your investment against increasing property taxes. Tim Jacobs of KSN Law dives deep into the complex world of Illinois property taxes and about the multiple ways you can appeal property taxes in Chicago, the tax assessment cycle and what data points you can leverage to strengthen your apparel cases. Tim also gives a tip on how to get an owner exemption on a property you don't actually live in, and why you might not want to go that route. Listen in to our conversation with Tim Jacobs and if you learned something, please leave us a rating and share us with a friend. Listen in and share with a friend! Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: Smith REO Guest: Tim Jacobs of KSN Link: Cook County Assessor's Office: Stay Home. Stay Safe. Get Our Help Online. Link: Cook County Property Tax Portal Link: Appeal.Tax Link: KSN Attorney Timothy Jacobs | KSN Law Link: Radio Headspace on Apple Podcasts ----------------- Guest Questions Landlord tip of the week 1:30 Guest Intro 4:00 How are properties assessed in Cook county? 4:55 Why are cook county assessment dates inconsistent compared to other counties? 11:30 How do non paying tenants change things in the covid environment in terms of assessments? 14:30 Do vacancies during long rehab projects apply towards an appeal? 16:09 Is there a vacancy threshold that is important to cross to raise the argument? 18:10 What are the steps when reaching out to someone to appeal taxes? 19:00 When people file appeals, how often is the appeal verified in person? 23:45 How does permitted work fit into tax assessments? 25:00 How can I guess what my taxes will be after a major value-add project? 25:55 What determines what the assessed value becomes? 28:11 How do homeowners exemptions play into MFH you live in? 30:30 Is there a limit on how many units I can have and still get the homeowners exemption? 32:40 What are some nuances to Cook county's property taxes? 35:40 Why is it that Chicago pays considerably less taxes than the outside suburbs? 37:40 Why would someone hire an attorney to appeal taxes over doing it themselves? 40:25 How do attorney's get paid for tax appeals? 41:30 Wrap Up Questions What is your competitive advantage? 43:03 What is one piece of advice you'd tell a new investor? 44:24 What do you do for fun? 45:30 What's a good self development tool you use? 46:20 Who is one person you'd recommend in your network? 46:47 How can we learn more about you? 47:25 That's our show, thanks so much for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

In this week's episode, Sean Morrissey of Chicago Realty Group LLC breaks down investing in and around Aurora, focusing on the downtown redevelopment taking place to bring the old riverboat city back into the spotlight. Aurora is full of diverse opportunities, including tax credits, and unique zoning discrepancies that allow the clever investor the ability to redevelop mis-zoned land. Sean also explains how certain parts of Aurora fall into neighboring town school districts, which allow for pockets of strong investment opportunity. Listen in and share with a friend! Also, check out our Straight Up Chicago Investor Club at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: Smith REO Guest: Sean Morrissey of Chicago Realty Group LLC Link: Tony Angelos: BP Profile | Email: [email protected] | Cell: (708) 627-9702 Link: Aurora Economic Development | Invest Aurora: Homepage Link: Home Ownership Support | The Neighbor Project Link: Aurora Tech Investment | 605 Innovation District Link: Towns with multiple schools Link: Sean's Podcast | ‎Landlording for Life on Apple Podcasts Link: Podcast recommendation | Real Estate Investing Podcast for Passive Wealth Link: Podcast recommendation | Cash Flow Connections Link: Network Recommendation | Brandon Svec - Director - Market Analytics - CoStar Group ----------------- Guest Questions Landlording Tip of the Week 2:15 Guest Intro 5:00 Can you explain what the rent to price ratio of 1.0? 5:50 Tell us about the housing in Aurora and the surrounding area? 7:20 What is your investment strategy in Aurora? 9:30 Are there Opportunity zones in Aurora that are better than others? 12:25 Can you explain what the redevelopment of downtown Aurora looks like? 13:25 Can you explain TIF districts? 17:15 How do the good school districts in other towns affect the aurora residential market? 22:15 What kind of opportunities are you seeing there? 24:30 What's the rental market in Aurora like and how do rental licenses work? 26:00 What are some nuances an investor might have to look out for? 30:00 How do you think Aurora will come out of COVID? 34:40 Wrap Up Questions What's your competitive advantage? 35:45 What's one piece of advice you'd tell a new investor in the area? 36:45 What do you do for fun? 38:00 Can you give us a good self development activity you use? 38:40 Who would you recommend in your network as a quality resource? 40:21 How can we learn more about you? 41:38 That's our show, thanks so much for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Ciere Boatright is the VP of Real Estate and Inclusion at CNI and has managed the planning and development of over $350 Million in new investment in southside neighborhoods. Today, Ciere walks us through several of those projects, with a focus on CNI's successful revitalization of Pullman. Ciere explains CNI's approach towards creating jobs and affordable housing in specific communities, and why investors should care. Some topics covered are how subsidies offered for affordable home ownership affect the community, how investors can have access to benefits of the social programs stimulating the neighborhoods as well as future projects planned for the area. If you enjoyed this episode, please leave us a 5 star review and share us with a friend. Also, join our FB Group at https://www.facebook.com/groups/3265227216848263 Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Sponsor: Smith REO Guest: Ciere Boatright of Chicago Neighborhood Initiatives Link: National Park Service, Pullman Monument | Pullman National Monument (US National Park Service) Link: History | A Brief Overview of the Pullman Story - Pullman Link: Benefits of Enterprise Zones | Enterprise Zone Program Link: Chicago Opportunity Zones | Opportunity Zones Link: Invest Southwest | Invest Southwest | Venture Madness – Presented by Invest Southwest In Partnership with The Arizona Commerce Authority Link: Red Line Extension | CTA Red Line Extension Project - CTA Link: Pullman Food Hall | One Eleven Food Hall – Creating A Diverse Dining Collective In Pullman Link: Book Recommendation | The Warmth of Other Suns: The Epic Story of America's Great Migration Link: Carlos Nelson | GAGDC Staff Leadership Link: Leon Walker | Our People Link: Abraham Lacy | https://www.farsouthcdc.org/about-us ----------------- Guest Questions Landlording Tip of the Week 2:43 Guest Intro 4:49 What has been the catalyst for revitalization over the past 10 years? 7:25 Can you talk about how CNI has improved the housing stock in the area? 11:00 How have investors succeeded in Pullman? 16:04 How has the history of Pullman helped the growth of the neighborhood? 21:30 What are some of the things an investor should be looking at from an urban planning perspective? 23:20 Can you tell us about the red line extension project? 27:00 How has Pullman been different from other areas CNI invests in? 28:10 How have your financing partnerships helped get projects done? 30:30 Is there a way a new investor can get connected to CNI? 33:00 Wrap Up Questions What is your competitive advantage? 34:05 What is one piece of advice you'd give to a new investor? 36:00 What do you do for fun in Pullman? 37:00 What is a good self development activity you'd recommend? 38:47 Who is one person you'd recommend to others as a quality resource? 39:40 How can we learn more about you? 41:25 That's our show, thanks so much for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.