Straight Up Chicago Investor

Straight Up Chicago Investor
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Jun 8, 2023 • 45min

Episode 223: From New York to the Windy City - Curtis Lefebvre's Real Estate Journey and Success in East Garfield Park

Curtis Lefebvre shares why he left New York for the Windy City to start investing in Real Estate! Curtis jumps right in by getting granular on acquiring and stabilizing his first househack in East Garfield Park. He discusses everything from dealing with problem tenants to DYI'ing renovations. He dives into the numbers of his killer househack which allows him to not only live for free, but also cash flow while living there! Curtis defines the borders of the neighborhood, and with Mark's input, talks about the differences between East and West Garfield Park. Curtis justifies betting big on East Garfield Park by sharing his bullish outlook on the neighborhood! 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: StraightUpChicagoInvestor@gmail.com Guest: Curtis Lefebvre | E-mail Link: Brian Lindstrom (Lender Referral) Link: SUCI Ep 195 - Victoria Barkate Sponsors: Build Your Team and NEGC Remodeling ----------------- Guest Questions 03:02 Housing Provider Tip: Processes to prevent loss of lock keys and codes! 04:21 Intro to our guest, Curtis Lefebvre! 07:03 How did Curtis decide on which Chicago neighborhoods to invest in? 11:48 Curtis' experience acquiring his first rental property in Chicago! 21:39 Dealing with problem tenants. 25:30 DYI'ing renovations on the first property! 32:39 Curtis' bullish outlook on East Garfield Park! 36:04 Borders of East Garfield Park and Going West of the Park! 39:03 What is Curtis' competitive advantage? 39:28 One piece of advice for new investors. 39:40 What do you do for fun? 40:13 Good book, podcast, or self-development activity that you would recommend? 40:36 Local Network Recommendation? 41:17 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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Jun 6, 2023 • 9min

Episode 222: Essential Insights - 5 Must-Address Items in Your Attorney Review Letter - Expert Advice with Chance Badertscher from Lavelle Law"

What Are Five Items Every Investor Should Address in Their Attorney Review Letter? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Chance Badertscher, Lavelle Law Sponsors: Lavelle Law ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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Jun 1, 2023 • 1h 2min

Episode 221: Unveiling Real Estate Market Insights - The Mad Scientist of Multifamily, Neal Bawa, Shares Data Trends and Future Outlook!

The Mad Scientist of Multifamily, Neal Bawa, returns to the show to share the latest data trends and his outlook on the Real Estate market! Neal jumps right in by summarizing changes in the real estate market over the last 18 months. He explains how his underwriting has changed as a result of market conditions. Neal gives a warning to those investing in office-space and talks about the challenges of converting office-space to residential. Neal concludes by telling us why he's putting his money into Build-to-Rent townhomes, the "next evolution of the Single Family Home!" 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: StraightUpChicagoInvestor@gmail.com Guest: Neal Bawa, Grocapitus Link: SUCI Ep 26 - Neal's 1st Episode Link: SUCI Ep 110 - Neal's 2nd Episode Link: Grocapitus Website Link: Multifamily University Webinars | Free eBook: Location Magic | Join Our Investor Club Sponsors: North Shore Brickwork and Essex Realty Group ----------------- Guest Questions 02:32 Housing Provider Tip: Don't forget to set time aside daily for personal growth! 04:04 Intro to our guest, Neal Bawa! 04:52 What has happened in the real estate market over the last 18 months? 14:32 Discussing previous high-inflation periods! 23:45 How has Neal's underwriting changed given the market conditions? 29:28 Is it worth putting more money down to increase cash flow? 34:48 The future of office space! 43:18 Why Neal is bullish on Build-to-Rent! 52:22 Neal's revised outlook on tokenization. 54:24 What is Neal's competitive advantage? 54:56 One piece of advice for new investors. 55:54 What do you do for fun? 56:15 Good book, podcast, or self-development activity that you would recommend? 57:24 Local Network Recommendation? 57:49 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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May 25, 2023 • 47min

Episode 220: A Seasoned Investor's Journey in Chicago Real Estate - Insights, Strategies, and Neighborhood Outlook with Baris Yuksel

Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Baris Yuksel, Supreme Capital Link: Multifamily Insights Podcast Link: Baris' LinkedIn Link: John Warren SUCI Ep 196 (Network Referral) Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Guest Questions 03:25 Housing Provider Tip: Understand Gross vs Net Income when screening tenants! 05:16 Intro to our guest, Baris 10:20 Why did Boris start with a mixed-use building? 19:31 Establishing a Geographical Focus and Finding Capital to Scale! 22:11 Self-Managing a Growing Portfolio. 31:39 Discussion on different Chicago neighborhoods! 37:15 Baris' outlook on Chicago Real Estate! 40:22 What is Baris' competitive advantage? 40:45 One piece of advice for new investors. 41:19 What do you do for fun? 41:37 Good book, podcast, or self-development activity that you would recommend? 42:08 Local Network Recommendation? 42:52 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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May 23, 2023 • 17min

Episode 219: The Focus of Chicago's NBOA in 2023 and Why Housing Providers Should Take Notice

What's new with the NBOA and how can the NBOA assist small-mid size housing providers? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Michael Glasser, NBOA Link: EUBA Chicago Facebook Link: South Side Community Investors Association Facebook Link: https://lreic.org/ Link: https://lincolnparkbuilders.com/ Link: https://www.rpbg.org/ Link: https://www.chicagonsbc.com/ Link: https://www.southsidebuilderschicago.com/ Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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May 18, 2023 • 48min

Episode 218: Sharing a Decade of Experience in Chicago Real Estate - Insights on Architecture, Renovation, and Investment Potential with Michaela Gordon

Michaela Gordon is a seasoned Realtor and Designer with over 10 years of experience acquiring and renovating properties in Chicago! Michaela kicks things off by talking about her background in architecture and design. She explains the significance of the different Chicago lot sizes and their impact on a building's footprints and redevelopment potential. Michaela also compares Chicago architecture to Los Angeles' architecture. She drops golden insight on modernizing units on a budget and also lays out improvements that are NOT worth the ROI. Michaela closes with powerful words on the value that investment-minded realtors offer and gives her outlook on the 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: StraightUpChicagoInvestor@gmail.com Guest: Michaela Gordon, MG Home Chicago Link: MG Homes Instagram Link: Brandon Hood Instagram (Network Referral) Link: Per My Last Email (Michaela's Podcast) Sponsors: Cost Seg Kev and Essex Realty Group ----------------- Guest Questions 02:49 Housing Provider Tip: Understand Source of Income and other protected classes when screening tenants! 04:54 Intro to our guest, Michaela Gordon! 07:38 Michaela's real estate origin story! 11:32 Chicago Lot Sizes and their importance. 17:52 Modernizing units on a budget. 28:06 Property Improvements that are NOT worth it! 30:29 How can real estate brokers be more investment-minded? 35:32 Michaela's outlook on the real estate market! 40:20 What is Michaela's competitive advantage? 41:08 One piece of advice for new investors. 41:17 What do you do for fun? 41:57 Good book, podcast, or self-development activity that you would recommend? 43:20 Local Network Recommendation? 44:04 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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May 11, 2023 • 53min

Episode 217: Building Relationships with Community Banks - Insights from Chicagoan Kevin Greer on the Lending Market and Investor Strategies

Kevin Greer joins us to break down Community Banks, Commercial Lending, and the State of the Lending Market! Kevin explains the differences between Regional Banks and Community Banks. You'll learn how you can build and leverage a relationship with your local Community Bank. He also shares how his investor mindset and strategy have changed throughout his years of investing. Then, Kevin tells us his outlook on the lending market and how investors should prepare! 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: StraightUpChicagoInvestor@gmail.com Guest: Kevin Greer, Bank Financial Link: Mark@securechoice.biz (Mark Wilczak - Secure Choice Property Inspector) Link: BISNOW Article Sponsors: NEGC Remodeling and Essex Realty Group ----------------- Guest Questions 03:02 Housing Provider Tip: Monitor the temperature on boiler buildings as the weather warms up! 05:32 Intro to our guest, Kevin Greer! 08:15 Kevin discusses the state of the lending market! 10:04 Ins and outs of a Community Bank. 14:15 How to build a relationship with a Community Bank? 21:32 How do banks stay afloat when business slows? 22:43 How has Kevin's investing mindset changed over the years? 26:32 Where in Chicago is Kevin seeing the most real estate activity? 32:18 DSCR and commercial loan underwriting! 41:32 Kevin's outlook on the lending market. 45:45 What is Kevin's competitive advantage? 46:08 One piece of advice for new investors. 46:35 What do you do for fun? 47:01 Good book, podcast, or self-development activity that you would recommend? 48:14 Local Network Recommendation? 49:05 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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May 9, 2023 • 10min

Episode 216: Punch That Agent You Hate in the Face - The Chicago Real Estate Rumble

What is the Chicago Real Estate Rumble and how can I participate, attend, or donate? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Ryan Cotter, The Mortgage Corp Link: Fighter Orientation - Chicago Real Estate Rumble 2023 Link: Real Estate Rumble Series Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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May 4, 2023 • 47min

Episode 215: Scaling To A 430-Unit Rental Portfolio in Chicago's Midway Area with Brian Basic

Brian Basic is a seasoned investor with experience ranging from Condo Deconversions to Buy and Hold Rentals! Brian starts by explaining the origins of his family's REI business and the lessons learned from his wide range of investing experience. Next is a deep dive on the differences between being a landlord in the City of Chicago compared to the Suburbs. Brian discusses his geographical areas of expertise including West Lawn, Garfield Ridge, and other areas surrounding Midway airport! Throughout the show, Brian emphasizes the power of buy and hold real estate and encourages newbies to get started to begin leveraging the benefits! 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: StraightUpChicagoInvestor@gmail.com Guest: Brian Basic, OAC Management Link: https://www.chicagobusiness.com/ Link: Attorney Recommendation Sponsors: Midwest RE Networking Summit and Essex Realty Group ----------------- Guest Questions 03:16 Housing Provider Tip: Ensure your leases are compliant with the latest laws this leasing season! 05:31 Intro to our guest, Brian Basik! 07:24 How did Brian and his family get started in REI? 13:28 Brian's Lessons Learned! 19:34 What is Brian's REI focus today? 22:01 Land-lording in the City vs Suburbs! 24:19 Positive momentum in West Lawn and surrounding neighborhoods! 34:30 How have Brian and his team set up property management? 38:22 Where does Brian want to be 10 years from now? 42:07 What is Brian's competitive advantage? 42:28 One piece of advice for new investors. 43:07 What do you do for fun? 43:24 Good book, podcast, or self development activity that you would recommend? 44:05 Local Network Recommendation? 44:32 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.
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Apr 27, 2023 • 55min

Episode 214: Real Estate Post-Recession - Building Up From the Ground with Roger Luri

Roger starts by discussing how he found a niche in New Construction and jumps into lessons learned throughout the years. Leaning on his decades of investing experience, he's able to provide insight on red flags leading up to the last housing crash and discuss the emergence of north side neighborhoods like Uptown, Edgewater, and Buena Park. Roger breaks down how he identifies areas where new construction is profitable and summarizes the key players of your real estate investing team. Roger closes by pulling out the crystal ball and sharing a bullish outlook on Chicago! 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: StraightUpChicagoInvestor@gmail.com Guest: Roger Luri, LD2 Development Link: Roger's LinkedIn Link: Don't Buy Multi-Family! BUILD IT (Roger's Book) Sponsors: Midwest RE Networking Summit and NEGC Remodeling ----------------- Guest Questions 02:24 Housing Provider Tip: Leverage Google Earth as a due diligence tool when purchasing property! 04:19 Intro to our guest, Roger Luri! 07:41 Finding a niche in new construction! 11:28 What red flags did Roger notice leading up to the last housing crash? 14:39 Working with neighborhood groups when redeveloping property! 16:24 Seeing Development in Uptown, Edgewater, and other North Side Neighborhoods! 21:42 Determining locations where new construction is profitable. 25:46 Keys to building a solid real estate team! 32:00 Roger compares rehabs and new construction! 41:02 How to set up Joint Ventures? 43:25 Roger's outlook on Chicago! 46:45 What is Roger's competitive advantage? 47:44 One piece of advice for new investors. 48:31 What do you do for fun? 49:12 Good book, podcast, or self-development activity that you would recommend? 50:17 Local Network Recommendation? 51:02 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

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