How can you use your skills from your day job to scale an investment portfolio to 450 units? Listen to our guest, Ron Plonis, explain how he used his computer science background to help him build systems and scale his own portfolio, then sold it off completely. His career has spanned nearly 15 years, and his experiences give insight into how things have changed from pre '08 to now. Things from raising capital, selecting areas to focus on, and how to determine the greatest point of value creation are all topics covered in this as Ron lays it all out for you.

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Ron Plonis of Kiser Group

Reach out to Ron!

Email: rplonis@kisergroup.com

Cell: 312-286-8216

Book rec: https://www.amazon.com/Subtle-Art-Not-Giving-Counterintuitive-ebook/dp/B019MMUA8S

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Landlord tip of the day 1:30 Guest intro 4:00

Questions for Ron Plonis:

What made you get into SFH from working a 9-5? 8:30 Can you talk about raising capital? 13:30 Can you tell me about Glenwood? 15:50 How did you end up selling your whole portfolio? 17:50 How did you transition from SFH to MFH? 19:00 What is one thing that's surprised you since getting into REI? 21:25 How do you think the post COVID -19 rental environment will look? 23:19 Do you see a chance of Cap rates staying the same or contrasting? 27:30 What advice can you provide about MFH to an out of state investor? 29:40 What kind of systems does someone just getting started need to get in place?31:35 What advice would you give someone just starting out? 34:42

Wrap up questions:

What's your competitive advantage? 38:40 What do you do for fun? 40:50 What's a good self development product you'd recommend? 41:15 Who would you recommend in your network as a quality resource to someone? 42:10 Thanks for listening! If you found this episode useful, leave us a comment and hit that like button, it helps us out tremendously!

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Production House: Flint Stone Media

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