Straight Up Chicago Investor

MOLD! It's the scary four-letter word that investors never want to hear and it does not belong in a healthy property. However, a basic understanding of mold and its misconceptions in the marketplace will make you a better investor. After having a bad experience with a mold company, investor Greg Bukowsi saw a need in the market and made it his mission to assist similar investors with mold issues. In today's episode, Greg and Devin explain what causes mold, why the Chicago market is ripe for mold problems, and how to analyze and tackle mold issues small or large. Please take ten seconds and leave us a review!!!! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Greg Bukowski and Devin Renberg of Moldman Chicago & St. Louis Link: Reducing Your Exposure To Mold Link: Mold and Your Health Link: Mold Sponsors: Appeal.tax and Essex ----------------- Guest Questions Get ready for winter, avoid frozen pipe lines. 01:20 Why I love being in the mold business 10:23 Key conditions for mold to grow 15:18 How do you know if there is mold behind the drywall?18:36 Protect yourself before buying mold issues 19:52 What is the root cause of Mold in Chicago or the Midwest? 22:28 Is it smart to use a store bought mold kit? 24:34 The relation between humidity and mold 26:54 How can I prevent mold in Chicago garden apartments 31:13 Wrap Up Questions Good news...it isn't always mold! 33:01 Difference between black mold & regular mold? 35:02 What to say as a Chicago landlord when mold is reported by a tenant 39:45 What makes a great mold vendor in Chicago? 43:54 One specific piece of advice you would tell someone that is yet to buy their first property here in the Chicagoland area. 45:26 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

How do I pull information and begin a direct mailing campaign? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Sharad Mehta of REsimpli ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Will County is one of the fastest growing counties in Illinois, and when compared to Cook County, it offers a faster growth rate and a lot more room for development and expansion. As a second generation property manager and investor, Jason Marcodes from Landmark Property Manager, not only grew up in Will County, but grew up in the business. Today he outlines the economic growth in the far south and southwest suburbs while providing valuable data regarding population expansion in Mokena, Frankfort and New Lenox. Jason also explains how investors can find this information and leverage it to predict future growth. Listen in and if you find value in today's episode, please leave us a review! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Jason Marcordes of Landmark Realty Group Link: Will County Illinois Link: Will County Illinois > Residents > Property Taxes and Fees Link: Will County, Illinois Population 2021 Link: Economic Development - Mokena IL Sponsor: Appeal.tax ----------------- Guest Questions Housing Provider Tip of the Week 3:41 Guest Intro 6:54 How does Will County differ from Cook County 8:34 What to expect when investing in Mokena 10:39 Where is there opportunity in Mokena? 11:41 Real estate investing in Will County vs Cook County 13:46 Real estate investing & housing stock in Mokena 16:17 Property taxes in Mokena, Will County 20:51 The explosive growth in New Lenox 24:31 Wrap Up Questions How difficult Is It to be A housing provider in Will County? 26:50 Mokena's Comprehensive Plan for a Growing population 28:00 Housing stocks in Mokena, New Lenox, and Frankfurt 29:27 As an investor where can I research statistics and growth plans? 31:39 Who lives in Frankfort, Illinois? 35:55 Dealing with the Village in New Lenox & Frankfort 39:27 Is There an opportunity to invest In Manhattan? 43:10 Looking To buy my 1st Investment in Mokena, Frankfort, or New Lenox 50:09 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

In our first live recording, we celebrate 100 episodes by asking questions to the audience (see how many answers you know) and also answering multiple questions from attendees. We discuss our favorite parts of the podcast, lessons learned from interviewing multiple Chicago rockstars, whom we still want to interview, and the future of the Straight Up Chicago Investor Podcast. A sincere thank you to all who have listened, supported, and shared our content. We strongly believe in this community that you are helping to shape and we look forward to doing another 100 episodes with you. "I give you Chicago. It is not London and Harvard. It is not Paris and buttermilk. It is American in every chitling and sparerib. It is alive from snout to tail." —H. L. Mencken, journalist and cultural critic Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

What are some tips on how to best screen workforce housing tenants? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Jared Kott of Marblestone Properties ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

As this episode airs, several of the Chicago townships have already been reassessed, leaving many owners with an unpleasant increase in property taxes. Returning guest Tim Jacobs of KSN Law (appeal.tax), joins us to discuss what he's seen in the Chicago townships that have been reassessed, and what he feels will happen in several townships about to be reassessed. Tim walks through the basics of how to look up your assessed value, calculate your taxes, and most importantly how to appeal your property taxes. Tim explains the appeal process, what data you can use to your advantage, and how to leverage a professional if you choose to engage one. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Tim Jacobs from Appeal.tax Link: Traction: Get a Grip on Your Business: Wickman, Gino: 0783324916904 Link: Cook County Assessor's Office: We are Here to Help Link: Cook County Treasurer's Office - Chicago, Illinois Link: Law Offices of Naheed A. Amdani, PC – What is a Real Estate Tax Reproration Agreement? Link: KSN Law Link: Ted Kuhlmann, Real Estate Agent in Chicago - Compass Sponsor: Prime Lending Sponsor: Appeal.tax ----------------- Guest Questions Understanding tax data 5:00 How have different townships been affected in Chicagoland? 9:15 How vacancy can change your tax assessment. 17:30 Do non paying tenants affect tax assessments? 24:00 Wrap Up Questions What is your competitive advantage? 37:15 Advice for a new investor? 38:00 What do you do for fun? 39:00 Self development activity? 39:45 Network recommendation? 40:30 How can we learn more about you? 41:00 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Samuel Pavlovcik is a distinguished self-certified architect who specializes in working with investors in Chicago and the surrounding villages and suburbs. Today Samuel walks us through the different permits in Chicago, the nuances of Chicago's permitting process, and also what to expect when applying for a zoning variance. Samuel presents a candid overview consisting of expected wait times, gotchas to avoid, and what investors need to know and provide based on his experience of processing 100+ permits per year. Samuel provides a ton of valuable information that can set you up for success and minimize your headaches when dealing with the city. Referenced zoning cheat sheet - https://www.straightupchicagoinvestor.com/zoning-cheat-sheet Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Samuel Pavlovcik of Pavlovcik Architecture Link: Additional Dwelling Units (ADU) Ordinance Link: Zoning rules - Chicago Link: How to Win Friends & Influence People: Dale Carnegie: 8937485909400 Link: Stop Working and Start Living: How Building Your Dream Business Can Transform Your Life! Link: Home - Institute for Housing Studies - DePaul University Link: Chicago Residential Zoning Cheat Sheet Sponsor: Appeal.tax ----------------- Guest Questions How did you get into architecture? 6:00 Intro to Chicago permit process? 8:00 What does it take to be self certified? 9:45 Why would someone not get self certified? 11:30 What action always requires full plans and permits? 14:50 Differences in zoning categories? 22:30 How to get a zoning change? 27:15 Why is RM-5 beneficial to an investor? 29:50 What is Floor Area Ratio? 31:30 How does the ADU ordinance benefit investors and what is the process like? 34:30 Wrap Up Questions What is your competitive advantage? 40:00 Advice for new investors? 41:15 What do you do for fun? 41:45 Self Development activity? 42:10 Local Network Recommendation? 43:15 That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

How can I successfully operate properties in C/D areas? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Jared Kott of Marblestone Properties ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

After being routinely recognized as a successful multifamily broker, Kyle Shoemaker set out to create a rare brokerage that focuses solely on affordable housing. Kyle is a true expert and walks us through the nuances of affordable housing and unique challenges and opportunities presented in this space. Affordable housing can be complicated, which is why so few people specialize in it, but it is a great way to provide a seriously underserved need while sustaining a profitable business. Listen in on how you can dip your toes into this massive market. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Kyle Shoemaker of Affordable Housing Investment Brokerage Link: Home Landlords Project Based Voucher Link: What Is Section 42 Housing? Link: Low-Income Housing Tax Credit (LIHTC) | HUD USER Link: Promoting the Stabilization of Communities Link: S.1136 - 117th Congress (2021-2022): Affordable Housing Credit Improvement Act of 2021 Link: Season 1, Episode 1 - Six Stories Link: Applegate & Thorne-Thomsen: A Law Firm focused on Affordable Housing & Community Development Sponsor: Appeal.tax Sponsor: Pavelchak Architecture ----------------- Guest Questions How did you get into real estate? 6:20 What is affordable housing? 8:45 Housing based projects in Chicago? 10:15 What are the standards required to keep these contracts? 15:00 Section 42. 16:42 What are the challenges to get into this space? 23:10 How are these buildings marketed? 28:30 Why are there not more of these contracts? 29:30 How do the financials look compared to a conventional multifamily project? 35:00 Where do you see affordable housing going in the United States? 36:45 Wrap Up Questions What's your competitive advantage? 39:00 Advice to get into affordable housing? 39:30 What do you do for fun? 40:24 Self development? 40:45 Network recommendation? 42:25 How can we learn more about you? 42:40 That's our show! Tune in next week! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

The Community Investment Corp, or the CIC, has been a stalwart in Chicago since the 1970s and has reinvented the way owners can create affordable housing units for their communities. Stacie Young was just recently appointed the new President and CEO and she has lots of plans in the works. Today she comes to us to discuss the various ways investors can interact with the CIC, what the preservation compact is and how it is preserving affordable housing, how emergency rental assistance will unfold and whether or not it will be sticking around. Stacie also provides tremendous advice on how to get tax incentives from the city and so much more. If you like today's episode, share us with a friend and leave a 5 star review! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Stacie Young of the Community Investment Corporation Link: The Preservation Compact Link: Illinois Emergency COVID-19 Rental Assistance Programs - chicookilrenthelp.org Link: The Splendid and the Vile: A Saga of Churchill, Family, and Defiance During the Blitz Sponsor: Pentwater Cabinetry Sponsor: Cost Segregation Services ----------------- Guest Questions What is affordable housing? 6:00 How do ADUs affect affordable housing? 7:20 What is the preservation compact? 11:15 Emergency rental assistance overview? 18:15 Tax incentive programs? 24:25 New neighborhood programs? 32:30 How can new investors get involved with CIC? 36:45 What's next for you? 39:00 Wrap Up Questions Competitive advantage? 40:00 Advice for a new investor? 41:30 What do you do for fun? 42:00 How can we learn about you? 43:15 That's our show! Thank you so much and tune in next week! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.