Straight Up Chicago Investor
by Straight Up Chicago InvestorAre you a real estate investor in Chicago or someone looking to invest in the Chicagoland Market? If so, this podcast is for you! We break down the neighborhoods, different sides of the city, and surrounding suburbs so you can understand the uniqueness of investing in Chicago real estate. The hosts and guests are Chicago investors and Property Managers who are making it happen in and around the Windy City. We share information, winning strategies, obstacles, success stories, and most importantly, lessons learned. If you are looking for ground level information and want to learn what has worked and not worked in Chicago, you are in the right place.
Copyright: Copyright of Straight Up Chicago Investor 2021.
Episodes
Episode 299: The Top 25 Lists to Find Motivated Sellers with DealMachine’s David Lecko
42m · PublishedDavid Lecko is an investor and CEO of DealMachine; a software that helps investors streamline the process of off-market property lead generation!
David starts by discussing the genesis of DealMachine He does a deep dive on the 25 motivated seller lists that can be found on DealMachine or other applications. He emphasizes the importance of being persistent and putting in the reps as off-market lead generation is a numbers game. David closes with great tips on the importance of taking action and building a network to set yourself up for success!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: David Lecko, DealMachine
Link: David’s Instagram
Link:The DealMachine REI Podcast
Link:My First Million Podcast
Link:Nick Gray (Network Recommendation)
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Guest Questions
01:39 Housing Provider Tip - Perform a usability check during your turnovers to ensure everything is functioning appropriately!
02:34 Intro to our guest, David Lecko.
06:14 The Genesis of DealMachine.
10:04 DealMachine’s Lists!
30:16 How new investors can start utilizing the lists.
33:02 Scripts for sellers and call-back expectations.
36:50 What is your competitive advantage?
37:13 One piece of advice for new investors.
38:07 What do you do for fun?
38:29 Good book, podcast, or self development activity that you would recommend?
38:54 Local Network Recommendation?
40:20 How can the listeners learn more about you and provide value to you?
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 298: How To Fund Renovations with Larry Baszynski and Scott Hodgden
53m · PublishedLarry Baszynski and Scott Hodgden of Finance of America Commercial are seasoned lenders who have helped their investor clients build tremendous real estate portfolios and wealth.
Larry and Scott discuss the products that their company offers including Fix and Flip loans, Construction Loans, and Long-Term loans for stabilized properties. They share common pitfalls and root causes of failed renovation projects. The duo explains how hard money loans are underwritten and what a borrower needs to know to set themselves up for a successful loan! This show is full of golden nuggets with emphasis on the importance of building your team and buying your next investment property sooner!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Larry Baszynski and Scott Hodgden, Finance of America Commercial
Link: The Success System That Never Fails (Book Recommendation)
Link: SUCI Ep 79 - Gary Davidson
Link: SUCI Ep 50 - Andrew Holmes
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Guest Questions
02:57 Housing Provider Tip - Ensure windows are properly caulked to prevent leaks!
04:34 Intro to our guest, Larry and Scott!
13:41 FOA Commercials' transition after being bought out.
15:06 FOA Commercials’ products.
18:57 DSCR loans for stabilized properties.
25:44 Common causes of failed investments!
29:03 How interest rates are impacting lending!
35:25 Where are hard money funds sourced from?
36:49 Taking back a property on a failed project.
40:53 How aggressive can FOA Commercial get?
44:18 What happens if interest rates hit 10%?
46:02 What is your competitive advantage?
46:43 One piece of advice for new investors.
47:57 What do you do for fun?
48:23 Good book, podcast, or self development activity that you would recommend?
49:33 Local Network Recommendation?
51:00 How can the listeners learn more about you and provide value to you?
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 297: How to Pay Less in Taxes Via Tangible Property Regulations with Brenten Blakeman
16m · PublishedWhat are tangible property regulations and how can investors leverage this IRS code to pay less in taxes?
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Brenten Blakeman, Tangible Property Tax Methods
Link: Build Your Team | Straight Up Chicago Investor Podcast
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 296: How to Crush RE Investments on Chicago’s South Side with Moses Hall
49m · PublishedMoses Hall is a top producing commercial real estate broker and leads a brokerage that serves investors, landlords, and tenants.
Moses discusses his start in real estate, taking the plunge to start his own business, and the challenges that came with that. He dives into his geographical areas of focus in Chicago and his investment strategy. Moses sheds light on the Chicago Association of Realtors (CAR), his leadership position on the board, and the value that CAR brings to all its members. Moses closes with a bullish outlook on Chicago emphasizing why we are and will continue to be a world class city!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Moses Hall, MoHall Commercial & Urban Development
Link: Kevin Rocio (Network Recommendation)
Link: Moses' LinkedIn
Link: SUCI Build Your Team
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Guest Questions
02:00 Housing Provider Tip - Make yourself visible for CHA and City Inspections!
04:00 Intro to our guest, Moses Hall!
10:10 Biggest unforeseen challenge when starting a business!
11:49 Drama with Tiffany Henyard.
13:53 Moses’ areas of focus.
16:16 Chicago Association of Realtors (CAR) and their mission!
23:39 Benefits of being a CAR member.
25:43 How is CAR working with NAR on the recent settlement?
37:27 Other areas of focus for CAR!
40:47 Efforts to make adding affordable housing easier.
41:55 Moses’ outlook on Chicago.
43:33 What is your competitive advantage?
44:07 One piece of advice for new investors.
44:38 What do you do for fun?
44:55 Good book, podcast, or self development activity that you would recommend?
45:26 Local Network Recommendation.
49:59 How can the listeners learn more about you and provide value to you?
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 295: The Ultimate HACK to Long-Term Wealth with Brian Tibbs
1h 5m · PublishedBrian Tibbs is an investor and best-selling author who teaches others how to thrive financially!
Brian starts by sharing how he hit the ground running by house hacking multiple properties and scaling up to 10-units before the age of 30! He explains how he saved money for down payments and the setbacks he experienced during his early REI days. Brian explains “The HACKER Method” - a wealth-building system to “hack” your lifestyle to grow great wealth. He breaks down each part of the system and reveals the practical steps to save more, invest more, and build wealth. Throughout the show, Brian emphasizes the importance of strategically budgeting and investing for anyone looking to thrive financially!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Brian Tibbs of The Unexpected Investor
Link: The Unexpected Investor Calculators
Link: All-In Podcast
Link: The 21 Irrefutable Laws of Leadership
Link: Brandon Turner Instagram
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Guest Questions
03:11 Housing Provider Tip - Understand HOA rules if you’re considering changing flooring!
05:15 Intro to our guest, Brian Tibbs!
11:24 Brian’s RE acquisitions following his first duplex.
16:21 Early setbacks that Brian experienced!
19:07 Intro to The HACKER Method!
29:50 The power of compounding money.
41:00 How to scale responsibly.
43:55 Jumping into short-term rentals.
49:45 How anyone can apply the HACKER method!
54:16 Passing on good financial habits to your children.
57:33 What is your competitive advantage?
58:19 One piece of advice for new investors.
59:08 What do you do for fun?
59:37 Good book, podcast, or self development activity that you would recommend?
60:56 Local Network Recommendation?
61:56 How can the listeners learn more about you and provide value to you?
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 294: Creating a Successful Operating Agreement with Chance Badertscher
11m · PublishedChance Badertscher joins us to spell out the what-if scenarios that need to be spelled out in a successful operating agreement.
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Chance Badertscher, Lavelle Law
Link: Build Your Team | Straight Up Chicago Investor Podcast
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 293: Help! Firefighters, City Inspectors, and Police Officers Are All at My Building With Anthony Rodriguez From Drexel Properties
53m · PublishedAnthony Rodriguez is an experienced Chicago Property Manager who manages over 300 units for Drexel Properties!
Anthony starts by discussing his previous experience in other industries and how those skills have translated into his real estate career. Then, Tom and Anthony retell the story of how their team managed a boiler explosion in a multifamily building. They break down how they notified the City and other stakeholders, relocated tenants, coordinated the boiler repair and City Inspections, and finally returned tenants back to the building! This episode is full of great insights on how to correctly handle building emergencies and the importance of having a network to manage these unfortunate incidents!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Anthony Rodriguez, Drexel Properties
Link: SUCI Ep 154 - Jeff Weinberg
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Guest Questions
02:10 Housing Provider Tip - Ensure you have contacts for special equipment repairs!
03:54 Intro to our guest, Anthony Rodriguez!
05:57 Anthony’s start with Drexel Properties!
10:08 The Boiler Blowup Story!
24:06 Relocating tenants during an emergency.
30:26 Other damages caused by the incident.
36:46 Tenants return to the building.
39:02 Could the incident have been prevented with additional due diligence?
48:12 What is your competitive advantage?
48:37 One piece of advice for new investors.
48:57 What do you do for fun?
49:19 Good book, podcast, or self development activity that you would recommend?
49:47 Local Network Recommendation?
50:14 How can the listeners learn more about you and provide value to you?
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 292: Why Investors Need to Know a Good Public Adjuster with Dorian Bezanis
59m · PublishedChicago Native Dorian Bezanis is the president of ALPHA Adjusting and has nearly four decades of investing experience in Chicago’s Northside!
Dorian jumps right in by discussing the investing portfolio he’s built in Edgewater and Rogers Park over the last 37 years. He explains the role of a public adjuster, the immense value they bring to investors. Dorian gets granular by sharing how to handle fires and other losses at investment properties. He closes with a five year outlook on Chicago including a bullish take on rent growth!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Dorian Bezanis, ALPHA Adjusting | Email Dorian ([email protected])
Link: The Mysterious Case of Rudolf Diesel (Book Recommendation)
Link: Andy Dolliff (Network Referral)
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Guest Questions
01:16 Housing Provider Tip - Ensure you have a punch list for turnover to handle!
02:44 Intro to our guest, Dorian Bezanis!
06:57 Breaking down Dorian’s portfolio!
17:28 Advice to new investors from 37 years of experience!
25:17 Understanding the value of Public Adjusters.
37:15 Handling fires and other claims!
48:48 Dorian’s 5 year outlook on Chicago real estate.
54:02 What is your competitive advantage?
54:15 One piece of advice for new investors.
54:24 What do you do for fun?
54:41 Good book, podcast, or self development activity that you would recommend?
55:46 Local Network Recommendation?
57:14 How can the listeners learn more about you and provide value to you?
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 291: What Every Investor Needs To Know About the Rehab Draw Process
22m · PublishedHow does the draw process work when taking on a construction loan?
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Eric Workman, Renovo Financial
Link: Workman Lending Team - Renovo Financial - Real Estate Investment Loans
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Episode 290: Want To Make It 20+ years in Chicago REI? Learn How With Neena Vlamis
50m · PublishedNeena Vlamis is the President and Owner of A and N Mortgage. Born and raised in Chicago, she discusses building her mortgage company along with developing an impressive real estate investment portfolio in Chicago.
Neena starts by explaining how she scaled her mortgage company, building a culture, and behind the scenes challenges. She provides insights on how lending regulations vary across states and talks about what makes A and N unique. Neena gives her take on adapting to a higher interest rate market and the recent NAR settlement. She closes with a bullish outlook on the Chicago Real Estate market!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Neena Vlamis, A and N Mortgage
Link: SUCI Ep 250 - Jonathan Klemm
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Guest Questions
01:10 Housing Provider Tip - Keep up with landscaping to avoid fines from the city!
03:01 Intro to our guest, Neena Vlamis!
07:01 Neena’s early lending and investing days!
13:47 Scaling the mortgage lending business.
16:18 Maintaining culture in a business.
20:19 Behind the scenes lending challenges.
24:16 Neena’s other investments!
32:24 Differences in lending across states.
35:08 What makes A and N Mortgage unique?
38:29 Adapting to higher interest rates.
41:44 Neena’s outlook on Chicago and the Real Estate Industry!
45:50 What is your competitive advantage?
46:04 One piece of advice for new investors.
46:13 What do you do for fun?
46:36 Good book, podcast, or self development activity that you would recommend?
47:03 Local Network Recommendation?
48:13 How can the listeners learn more about you and provide value to you?
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Production House:Flint Stone Media
Copyright of Straight Up Chicago Investor 2024.
Straight Up Chicago Investor has 325 episodes in total of non- explicit content. Total playtime is 219:41:52. The language of the podcast is English. This podcast has been added on November 21st 2022. It might contain more episodes than the ones shown here. It was last updated on May 31st, 2024 06:47.
