Straight Up Chicago Investor

Andrew and Angie Taggart, an electrician and a teacher by trade, walk us through how their drive for learning and growth has pivoted their careers into scaling up a real estate portfolio. They give tons of great information on networking events that have been pivotal in getting momentum, the strategy they use and unique rules relating to BRRRR investing that young investors can easily overlook. ----------------- Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Andrew and Angie Taggart of Taggart Electric Inc. REObroker Site: https://www.reobroker.com/ Auction Houses: https://www.hubzu.com/ REI Meetup: https://www.meetup.com/Chicago-Real-Estate-Investors-Mastermind/ Taggart Electric: https://www.taggartelectricinc.com/ Multiple Streams of Income: https://www.amazon.com/Multiple-Streams-Income-Generate-Unlimited/dp/0471714550 Rich Dad Poor Dad: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 Van Blackman - Wholesaler: https://www.networthrealtyusa.com/ ----------------- Guest intro 2:36 Questions for Andrew and Angie: What is the most overlooked aspect of the BRRRR strategy? 6:00 How do you handle financing? 8:15 What REI meetups are you parts of? 10:15 Tell me about your strategy of determining location. 11:25 How would you describe your areas to someone unfamiliar? 15:00 Why invest in single family over MFH? 17:10 What are some challenges you face after you close on a property? 19:25 What's the scope of a typical rehab you're doing? 21:20 Have you had to fight an appraisal before? 26.45 Wrap up questions: What's a piece of advice you'd give a novice? 31:00 What's your competitive advantage? 32:04 If you could go back three years, what would you do differently? 33:37 How do you have fun? 34:30 What's a good self development product you've used? 35:16 Local network recommendation? 36:23 Thanks for listening! If you found this episode useful, leave us a comment and hit that like button, it helps us out tremendously! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Originally from Philadelphia, Dan is a great case study of how an out of state investor can crush it in this market. Today he operates in three markets: Chicago, Philadelphia and Atlanta. Starting in '06 as a wholesaler with not much guidance, Dan gives tremendous insight into his journey from those early days wholesaling to today where in 2019 he closed on 223 deals with 5MM in profit for him and his partners. Dan is an expert at what he does with tremendous discipline, meditating every day and prioritizing sleep to accomplish everything he does. Listen in for his playbook and tips to scale up to his level. You can find out more about Dan at his website and podcast REIDiamonds.com or dealswithroi.com to see his active wholesale deals. ----------------- Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Dan Breslin of REI Diamonds Wholesaling distribution list: https://dealswithroi.com/ How Dan presents deals to investors: https://diamondequity.com/private-lenders/ Book rec: https://www.amazon.com/Super-Human-Bulletproof-Backward-Forever/dp/0062882821 Book rec: https://www.amazon.com/Why-We-Sleep-Unlocking-Dreams/dp/1501144316 Self development product rec: https://choosemuse.com/ Link: https://kaufmanlawchicago.com/index.php ----------------- Guest Bio 2:30 Questions for Dan Breslin: How did you hone in on specific areas? 4:45 How are you positioning your marketing budget? 8:00 How do you decide whether to personally flip/invest vs wholesaling to your clients? 10:25 How can investors set up a relationship with companies like yours?13:05 What signs should people be looking for to identify gentrification? 17:30 What are some of the attributes that separate markets you like vs the ones that you look past? 24:00 How are you finding deals and how do you get financing to do the amount of volume you do? 28:40 What pitfalls should people look for when dealing with wholesalers? 32:55 Wrap up questions: What is your competitive advantage? 35:40 What is one piece of advice for someone yet to do their first deal? 36:20 How do you have fun and decompress? 37:15 Self development tool you would recommend to someone? 37:40 Network recommendation 40:40 ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.

Mark and Tom introduce the first podcast to deep dive into real estate investing in Chicago and its surrounding suburbs. We are going to take a look at specific neighborhoods and specific strategies, dissect obstacles that real investors have dealt and explore the solutions used to overcome them. Listen to Mark and Tom have a candid conversation about how the current environment has impacted their territories. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2020.