Episode 353: From Near Death Experience, to Disciplined Financial Freedom with Mike Bednarz

Feb 6, 2025

51:36

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Mike Bednarz, an accomplished real estate investor and HVAC business owner, joins us to share his inspiring trajectory of growing a real estate portfolio and overcoming a scary accident!

Mike explains how he lived frugally to save a down payment and buy his first multifamily investment property in Edison Park. He discusses the discipline he used to acquire his second property and how he found a niche in mixed-use properties with leasing up local retail spaces. Mike shares a life changing incident where he fell off a ladder while working for his HVAC company that resulted in life threatening injuries. He breaks down his recovery despite doctors doubting that it was possible and bouncing back stronger than ever. This is the definition of an inspirational conversation around discipline and grit that you will not want to miss!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Mike Bednarz, Housing Opportunity Development Corporation (HODC)

Link: Eat That Frog (Book Recommendation)

Link: How Not To Die

Guest Questions

05:09 Housing Provider Tip - Understand the Illinois Landlord Retaliation Act!

06:51 Intro to our guest, Mike Bednarz!

15:40 Jumping into a 6-unit after a house hack!

21:32 Finding a niche in mixed-use buildings.