Episode 350: Reality TV to Realty… Everything Chicago Investor Mike Tenerelli Has Accomplished

Mike Tenerelli not only has a background in Reality TV, but also in construction, management, and sales which have propelled his explosive growth in real estate!

Mike discusses his journey from flipping homes to helping others find the right property. He breaks down analyzing remote markets to find lucrative deals, growing a brokerage business, and adapting to the new NAR rules around buyer's broker compensation. Mike shares tremendous insights on investment opportunities in prime western burbs and lessons learned from flipping gone wrong!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Mike Tenerelli, Exit Real Estate Partners

Link: Mike's Instagram

Link: One Rental at a Time (YouTube Channel)

Link: Lending One (Lender Referral)

Guest Questions

02:27 Housing Provider Tip - Plan accordingly when giving Section 8 tenants notice to vacate!

04:24 Intro to our guest, Mike Tenerelli!

09:18 Becoming a full time investor after 2 flips!

11:42 Learning the Milwaukee market.

20:54 Growing a brokerage business.

24:38 Dealing with new NAR compensation rules.

33:10 The 101 on the Western Burbs!

38:01 Consequences of Flipping Gone Wrong!

42:02 What is your competitive advantage?

42:40 One piece of advice for new investors.

43:28 What do you do for fun?

43:46 Good book, podcast, or self development activity that you would recommend?

44:07 Local Network Recommendation?

44:46 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media

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