Episode 374: Taking On Opportunity In Chicago's Toughest Neighborhoods with Corey Oliver

May 15, 2025

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Corey Oliver, CEO of Strength in Management, is back three years later to share additional insights on managing in C/D neighborhoods.

Corey starts by discussing recent compression of cap rates and investment financials in Chicago C/D class neighborhoods. He gets granular on the process for placing and managing CHA tenants. Corey breaks down how he sets investment return expectations for out of state investors looking to invest in lower income neighborhoods. Corey closes with exciting news about his upcoming development project which includes city grants and tax credits!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Corey Oliver, Strength in Management

Link: NBOA Chicago (Network Referral) Link: Corey's Original Episode 175

Guest Questions

02:38 Housing Provider Tip - Understand the risks of hydro-jetting old sewer lines!

04:07 Intro to our guest, Corey Oliver!

09:49 Cap rates and expense ratios in challenging neighborhoods!

15:16 Rent increase on subsidized housing tenants.

17:55 Managing CHA tenants.