Look for any podcast host, guest or anyone
Showing episodes and shows of

Mark Ainley And Tom Shallcross

Shows

Straight Up Chicago InvestorStraight Up Chicago InvestorDifferent Approach To Short Term Investing In Chicago With Sebastian MysliwiecProperties for Sale on the North Side?  We want to buy them. Email: StraightUpChicagoInvestor@gmail.com Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com ============= Sebastian Mysliwiec, founder of The Dream Rentals, explains how he’s built a short-term and mid-term rental management company that delivers top guest experiences and maximizes pro...2025-07-241h 02Straight Up Chicago InvestorStraight Up Chicago InvestorCurrent Chicago Apartment Sales & Leasing Trends with Joe Smazal & Ann Reilly (NSBC Live Event)Tom and Mark interview Joe Smazal of Interra Realty and Ann Reilly of Westward360 during NSBC’s Live Event! Conversations range from leasing trends to handling evictions and the state of the multifamily market in 2025. This show is full of valuable insights from two heavy hitters in the Chicago Multifamily 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: Joe Smaza...2025-04-1740 minStraight Up Chicago InvestorStraight Up Chicago Investor2025 Cook County Evictions with Tom RaleighTom Raleigh, Founding Attorney of Halsted Law Group, returns after being on Episode 40 to talk evictions! Tom jumps right in by breaking down the eviction process and the timelines in 2025. He gives great tips on getting ahead of the process and emphasizes the importance of staying on top of tenants and not waiting too long to file the eviction case. Tom hits us with rapid fire eviction stats including neighborhoods and even streets where his office has had the most eviction filings. He closes with top insights on complying with Fair Housing and tenant screening to avoid...2025-03-061h 01Straight Up Chicago InvestorStraight Up Chicago InvestorCelebrating 20 Years of Kiser Group: Great Chicago insights From Their NetworkTom and Mark interview some of Chicago’s Real Estate Heavy Hitters during Kiser Group’s 20 Year Anniversary Celebration! Conversations range from condo deconversions, the attorney review side of a commercial deal, and the origins and evolution of Kiser Group. This show is full of wisdom from Kiser Group’s top brokers and business partners so prepare to learn from some of the best folks in the industry! If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content! ============= Connect...2025-02-271h 23Straight Up Chicago InvestorStraight Up Chicago InvestorDo I Need To Give My Tenant a 30 Day Notice?When Does a 5 Day Notice Become a 30 Day Notice? ============= 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: Mark Ainley, Straight Up Chicago Investor Podcast Link: Enforcing the CARES Act 30-Day Eviction Notice Requirement ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025. 2025-01-2107 minStraight Up Chicago InvestorStraight Up Chicago InvestorThree New Laws Illinois Investors Need to be Aware of in 2025What IL rules changes do investors need to be aware of in 2025? ============= 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: Mark Ainley, Straight Up Chicago Investor Podcast Link: Cook County Landlords Won’t Need Sheriff to Serve 2025 Notices ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025. 2025-01-0713 minStraight Up Chicago InvestorStraight Up Chicago InvestorThe IL 2025 Tenant Credit Report LawWhat do investors need to know about the new tenant credit report law? ============= 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: Mark Ainley, Straight Up Chicago Investor Podcast Link: How 2025 Illinois Tenant Credit Report Law Impacts Landlords ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024. 2024-12-2406 minStraight Up Chicago InvestorStraight Up Chicago InvestorYou Might Be Exempt From Paying Sales Tax on Your MaterialsWhat is an enterprise zone and how can investors benefit from these areas? ============= 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: Tom Shallcross, Straight Up Chicago Investor Podcast Link: Chicago Enterprise Zone Application Link: Chicago Enterprise Zone Program ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Inv...2024-12-1010 minStraight Up Chicago InvestorStraight Up Chicago InvestorHow to Get to 1,000 Units in 20 Years… The Blueprint With Jeff WeinbergJeff Weinberg returns to the show after two years to share the impressive growth of Drexel Properties! Jeff explains how Drexel Properties has grown from 600 units to over 1000 units over the last 2 years. He discusses how his team leverages technology to streamline their property management business. Jeff dives deep on how to find deals in a competitive market and emphasizes the importance of treating your team right and building a great reputation so you’re the one who gets the call when a deal is available. Jeff closes with great tips on what to look for in a...2024-12-051h 00Straight Up Chicago InvestorStraight Up Chicago InvestorLogan & Humboldt Property Owners’ Rights Taken By The New NW Preservation Ordinance with Luke BlahnikLuke Blahnik returns to educate us on the new Northwest Side Preservation Ordinance. Luke jumps right in by explaining the ins and outs of the expansion of the Predominance of the Block (606) District under this new ordinance. He breaks down the increased fees to demolish a multi-unit building, limitations on building single family homes, and requirements for selling a tenant-occupied building in the area. Luke, Mark, and Tom discuss how the Ordinance will not be able to accomplish the goal of preserving affordable housing and instead could have negative impacts to landlords and tenants. A main takeaway...2024-10-1045 minStraight Up Chicago InvestorStraight Up Chicago InvestorDue Diligence for Off-Market Properties Like You’ve Never Seen with Morgan BashamMorgan Basham is a real estate broker and investor with vast experience in off-market prospecting, acquisitions, and stabilization of investment properties! Morgan shares her start in real estate and the ins and outs of investing in Braidwood, IL! She breaks down her first deal in Chicago; an impressive story of tremendous due diligence as part of the acquisition of an auction property! Morgan, Mark, and Tom discuss the mindset required to take the leap of faith and dive into real estate full-time. Morgan closes with golden nuggets on frugality hacks to save for your next investment and...2024-08-0843 minStraight Up Chicago InvestorStraight Up Chicago InvestorSpecial NBOA Soiree AnnouncementTom welcomes President of the Neighborhood Building Owner's Alliance, Mike Glasser, for a special announcement about their upcoming 12th Annual NBOA Summer Soiree. You don't want to miss it! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: NBOA (Neighborhood Building Owner's Alliance) President, Mike Glasser Link: 12th Annual NBOA Summer Soiree ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024. 2024-07-3003 minStraight Up Chicago InvestorStraight Up Chicago InvestorDrugs, Death, and Big Mistakes Never Spoken Of With Mark AinleyThe tables turn this week as Mark Ainley gets interviewed by Tom Shallcross, returning the favor from Episode 235 (episode link in show notes)! Tom starts by asking Mark about his childhood and upbringing; spoiler alert - there is mention of Mark’s frosted-tips phase while vacationing in Mexico!! Mark breaks down his start in real estate, the genesis of GC Realty & Development, and the early REI ventures that he and his business partner Bryan took on. He discusses his experience with repositioning office buildings and industrial investments displaying the range of his investing journey. Mark closes with tr...2024-07-041h 07RealTea ChicagoRealTea ChicagoInvestment Properties Ft Mark Ainley and Tom Shallcross of The Straight Up Chicago Investor PodcastIn this episode of RealTea Chicago, Jamie and Terrence interview Mark Ainley and Tom Shallcross of The Straight Up Chicago Investor podcast. They discuss a variety of intriguing and ridiculous stories related to Chicago real estate, flipping properties, and property management. From sharing details about break-ins and evictions to recounting wild tenant stories, the conversation dives into the ups and downs of real estate investing.Learn more about the guests, Mark Ainley and Tom Shallcross – Straight Up Chicago Investor Find them on Social: @markainleyrei ...2024-06-071h 02Straight Up Chicago InvestorStraight Up Chicago Investor300th Episode Celebration - Answers To Burning REI Questions Amongst Chicago Investors with Mark and TomStraight Up Chicago Investor Podcast celebrates its 300th Episode! To celebrate the huge milestone, Mark and Tom answer questions from guests on all things Chicago REI! If you enjoy all the value the SUCI podcast brings, 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 Guests: Mark Ainley and Tom Shallcross, Straight Up Chicago Investor ----------------- Guest Questions 03:55 How to maximize rent in a...2024-06-0652 minStraight Up Chicago InvestorStraight Up Chicago InvestorHelp! Firefighters, City Inspectors, and Police Officers Are All at My Building With Anthony Rodriguez From Drexel PropertiesAnthony Rodriguez is an experienced Chicago Property Manager who manages over 300 units for Drexel Properties! Anthony starts by discussing his previous experience in other industries and how those skills have translated into his real estate career. Then, Tom and Anthony retell the story of how their team managed a boiler explosion in a multifamily building. They break down how they notified the City and other stakeholders, relocated tenants, coordinated the boiler repair and City Inspections, and finally returned tenants back to the building! This episode is full of great insights on how to correctly handle building emergencies...2024-05-0253 minStraight Up Chicago InvestorStraight Up Chicago InvestorUnlocking Success by Establishing a Strong Focus in Chicago Real Estate with Jonathan KlemmChicago General Contractor and return guest Jonathan Klemm provides insight on successes and improvements made to his Business and Investments since his last appearance! Jonathan kicks things off with tremendous insights on Chicago construction including permits, renovations, new construction, and lessons learned. He discusses his recent acquisitions and shares how he sourced and stabilized those assets. He then jumps into turning down opportunities to focus on more important aspects of his business; learning to say “no” to opportunities can be extremely powerful! Jonathan emphasizes the importance of taking action, cultivating strong focus, and transparency to take your busi...2023-10-1255 minStraight Up Chicago InvestorStraight Up Chicago InvestorGame-Changing Appraisal Insights with Steve ZidekSteve Zidek has nearly two decades of real estate experience as a broker and appraiser! Steve kicks off with how he got into the appraising business and breaks down the appraisal process! He gets granular on adjustments that may or may not be considered and speaks to the “art” components of an appraisal. Steve discusses how income factors into residential appraisals and even throws in a crazy appraisal story! This show is loaded with golden nuggets that will help set you up for success during your next appraisal! If you enjoy today’s episode, please leave...2023-08-3156 minStraight Up Chicago InvestorStraight Up Chicago InvestorExploring Portage Park; An Interview With Special Guest and Straight Up Chicago Investor Podcast Co-Host Tom ShallcrossMark is flying solo as co-host this week as he interviews a very special guest; flipper, investor, and fellow SUCI podcast co-host Tom Shallcross! Mark takes a different spin to start the show by asking Tom about his childhood and upbringing in Portage Park! Tom talks about the differences between Jefferson and Portage Park. Tom breaks down Portage Park at a street-level including the lesser and more desirable pockets, rents and property values, and schools in the neighborhood! To close the show, Tom shares powerful words on committing to succeeding in real estate and encourages listeners to...2023-08-0356 minStraight Up Chicago InvestorStraight Up Chicago Investor"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 bett...2023-06-0845 minStraight Up Chicago InvestorStraight Up Chicago InvestorBuilding Relationships with Community Banks - Insights from Chicagoan Kevin Greer on the Lending Market and Investor StrategiesKevin 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 th...2023-05-1152 minStraight Up Chicago InvestorStraight Up Chicago InvestorBe Your Own Bank And Grow your Investment Portfolio with Nick ChaplainNick Chaplain joins us to explain how real estate investors can leverage life insurance policies to “Be Your Own Bank”. He jumps right into leveraging policies and building cash value as collateral for other investment opportunities. Nick explains how the wealthy take advantage of these strategies and their significant tax benefits. Mark also chimes in on how he has utilized this to help pay for his children’s college! Tune in if you're interested in learning more about nuanced strategies to grow your net worth! If you enjoy today’s episode, please leave us a review and share wi...2023-03-1652 minStraight Up Chicago InvestorStraight Up Chicago Investor2023 Tax Strategies for Chicagoland Real Estate Investors with Michael ProcaccioIt’s that time of the year again - tax season is upon us! Michael Procaccio, a tax advisor and Chicagoland investor, joins us to provide insight on optimal tax planning to increase your bottom line! Michael starts by explaining how he got into investing in franchises and kicked off his accounting career! He talks about the latest updates to the tax code and how investors can take advantage. Michael dives deep into the frequently missed deductions and mistakes that investors make. He breaks down the different tax statuses that can be held and addresses rapid fire ta...2023-02-0952 minStraight Up Chicago InvestorStraight Up Chicago InvestorBuilding $300k in Networth through House Hacking (And Listening To The Straight Up Chicago Investor Podcast 😁) with Victoria BarkateVictoria Barkate joins us to discuss how she has quickly scaled her rental property portfolio as a W2 employee! Victoria starts by explaining her decision to move to Chicago specifically to invest in real estate. She talks about how she decided which neighborhoods to invest in and how she has utilized partnerships to scale. She dives into the ins-and-outs of her first couple house hacks including things that went well and challenges she faced. Victoria shares how she has learned to find off-market properties and how investors can take the low-inventory issue into their own hands. Throughout...2023-01-2646 minStraight Up Chicago InvestorStraight Up Chicago InvestorMillion Dollar Batavia 5-Flat From Networking to Closing (POV)Return guests Bibek Das, Eric Workman, and Matt LaCosse join us to discuss a 5-unit deal with a lot of hair on it! Matt (buyer on this deal) starts by talking about how our very own Mark Ainley (buyer’s agent) brought this 5-unit property in Batavia to his attention. Eric (the lender on this deal) dives into the lending aspect of this deal and the group discusses the offer formulation and negotiation process. Bibek (the buyer’s attorney) explains the meaning of appraisal waivers and “AS-IS” offers. Navigating a plumbing leak the day before closing and escrow h...2022-11-241h 00Straight Up Chicago InvestorStraight Up Chicago InvestorFrom Prison to Real Estate Profits; A Transformational Chicago Journey Against All Odds with Mike BikerFrom a rough upbringing to a successful REI career in Chicago, Mike Baker joins us to discuss his journey and his vast knowledge on wholesaling, flipping, and consulting.  Mike begins by outlining his troubled past involving drugs, gangs, and prison. He shares some of the lessons learned in prison and the mindset shift required to get started and to succeed in real estate. Mike, Mark, and Tom share shocking stories about rehabbing in distressed neighborhoods. Mike closes by explaining how his experience gives him a competitive advantage and how he’s leveraging it to offer hourly, a la...2022-11-1744 minStraight Up Chicago InvestorStraight Up Chicago InvestorFrom Derivatives Trading to Chicago Real Estate Investing and Brokering with Lawrence DunningNew development strategies, hot Chicago areas, derivative financing trading, long-term holds, and an Englishman! This episode is packed with nuggets across the board. With a background in finance and derivatives trading, Lawrence Dunning has shifted his analytical skills to real estate and is making a name for himself by linking developers to long-term investors before inventory hits the market.   Lawrence explains how the pandemic has affected the economy and real estate in Chicago. We had him drop street-level knowledge on areas that he’s bullish on and directing his buyers towards. He also talks about the...2022-01-2759 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 21 - Blake McCreight Answers "As a buyer, how can I find wholesalers, get them to work with me, and what should I expect throughout the process?"As a buyer, how can I find wholesalers, get them to work with me, and what should I expect throughout the process? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Blake McCreight of Express Property Solutions ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022. 2022-01-2512 minStraight Up Chicago InvestorStraight Up Chicago InvestorCAA’s Advocacy and Education for Chicagoland Housing Providers with Tom BenedettoOn today’s episode, our guest Tom Benedetto explains how the Chicagoland Apartment Association (CAA) is a strong voice in the fight for fair and lawful protection of Housing Providers across Chicagoland. Tom shares CAA’s mission statement, the issues they are currently tackling, and the biggest challenges in the push for advocacy. Lastly, Tom closes with the goals that CAA has for the near future and how investors can get involved to support the fight. Listen in and if you find value in today’s episode, please leave us a 5-star review and recommend us to a frie...2022-01-2038 minStraight Up Chicago InvestorStraight Up Chicago InvestorThe Current State of Chicago’s Northside Real Estate Market with Managing Broker Brie SchmidtWondering if it’s time to jump into the Chicago Real Estate Market? Brie Schmidt provides a recap of the 2021 market and dives into the current trends and expectations for 2022.  Brie explains how low inventory has impacted the market and how buyers have had to readjust their expectations. She also discusses lending challenges on properties in her area of expertise, Chicago’s North Side. Brie drops street-level knowledge on neighborhoods and how buyers in different life stages are choosing where to invest. If you enjoy today’s episode, please leave us a review and share with so...2022-01-1355 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 20 - Perry Farella Answers "How are lenders handling ADU requests from investors looking to add a legal unit to an existing property?"How are lenders handling ADU requests from investors looking to add a legal unit to an existing property? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Perry Farella of Prime Lending | Perry's Blog ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022. 2022-01-1112 minStraight Up Chicago InvestorStraight Up Chicago InvestorRefugee Tenant Placement in Chicago With World Relief Organization (WRO)World Relief Organization (WRO) Chicagoland is a humanitarian organization whose focus is to aid refugees and immigrant families in finding housing and rebuilding their lives in Chicago. As a Chicagoland housing provider, there is not only good that you can do by partnering with WRO, but you can also benefit from a stream of applicants with specified subsidies.  Today WRO’s own Susan Sperry and Nathan White talk about the organization’s mission, services, challenges with resettling families, and how others can provide value to WRO. It’s easy to focus on goals that serve our own needs...2022-01-0637 minStraight Up Chicago InvestorStraight Up Chicago InvestorSpotting Chicago Development Trends and Opportunities with Chicago Cityscape’s Casey Smagala and Steven VanceSo what happened in the Chicago real estate market in 2021 and where are we headed in 2022? Our guests today, Casey Smagala and Steven Vance both of Chicago Cityscape, are here to share data you won’t want to miss.  Casey and Steven explain how their data aggregation software allows them to efficiently analyze neighborhoods and identify paths of progress. They present which areas in Chicago with planned developments that they are bullish on, and also provide insight on Additional-Dwelling Units (ADUs) and how the Pilot Program has unfolded since its inception. Casey and Steven close by providing the...2021-12-3045 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 19 - Blake McCreight Answers "What is a wholesaler and as an investor why should I care?" What is a wholesaler and as an investor why should I care? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Blake McCreight of Express Property Solutions ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-12-2810 minStraight Up Chicago InvestorStraight Up Chicago InvestorThe Future of Real Estate with Neal BawaRegardless of which real estate assets you fancy, you are about to experience massive disruption in the upcoming years. That’s according to the mad scientist of multifamily and returning guest Neal Bawa (previously on episode 26).  Neal drops a fascinating outlook on the retail sector, particularly shopping malls and their post-COVID recovery. He also shares why he believes cap rates will continue to compress, and the drastic effects of tokenization and 3D printing will have on REI.  Listen in to get your mind blown and then leave us a review! Connect with Mark and...2021-12-231h 00Straight Up Chicago InvestorStraight Up Chicago InvestorHow to Tackle Large Scale Developments in Chicago with Matt KatsarosYou know how you see larger developments on major intersections and wonder “who’s doing that?” Well the answer is people like today’s guest Matt Katsaros.  Matt started his real estate career as a top-performing commercial broker at Kise before transitioning to a director of acquisitions at Pangea. Those extraordinary experiences primed him for investing in Chicago and he has found his best returns to be in the development space. Matt provides tremendous insights into the unique due diligence process, and zoning process required for development. In addition he covers how to successfully raise money, structure deals, an...2021-12-1651 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 18 - Perry Farella Answers "What closing costs and credits can I expect on my HUD statement?"What closing costs and credits can I expect on my HUD statement? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Perry Farella of Prime Lending | Perry's Blog ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-12-1416 minStraight Up Chicago InvestorStraight Up Chicago InvestorLessons From a 300k Rehab on My Near West Side Househack with Alex MartinezYou may have already listened to our househacking from hell episode (Episode 89).  Today, we don't have tenants stealing cars or anyone overdosing, but we do have typical obstacles faced with a first-time househack; all compounded with the fact that this project included a gut rehab. Our guest today, Alex Martinez, dove in head first, encountered numerous challenges, and has not only lived to tell about it, but he now owns a wonderful 3-unit building and accumulated more experience than most early investors. Whether you are experienced or just starting out, tune in as Alex candidly talks through h...2021-12-0953 minStraight Up Chicago InvestorStraight Up Chicago InvestorRestoring Pilsen’s Old World Architecture Since 1998 with Gordy PayneFrom toilets falling through ceilings, to gentrification, Gordy Payne has seen it all as a hands-on owner in Pilsen. Gordy took a chance on Pilsen due to its proximity to downtown and made a name for himself for his ability to restore beautiful vintage buildings. He fully committed to the community, and for this, the community has treated him well.    Gordy provides a summarized oral history of Pilsen over the last two decades while pointing out rehab gotchas, investor nuggets, and local street-level nuances that all investors new or experienced can learn from.  Tune in, get...2021-12-0246 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 17 - Sharad Mehta Answers "What are tactical steps to follow when sending, responding, and tracking mailers?"What are tactical steps to follow when sending, responding, and tracking mailers? 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. 2021-11-3013 minStraight Up Chicago InvestorStraight Up Chicago InvestorFrom Unpaid Intern to Running the City of Chicago’s Building DepartmentToday, Tom and Mark have an excellent conversation with Judy Frydland, who served as the commissioner of buildings for the City of Chicago from 2015-2020. A lot happened under her leadership including the streamlining of the permit process to make it simpler and more efficient than ever to get work done. Listen in on her story for some excellent advice on life and business and where Chicago is going from here. If you like today’s episode, be sure to leave us a review and share it with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com...2021-11-2451 minStraight Up Chicago InvestorStraight Up Chicago InvestorHow to Handle Mold in Chicago with Greg Bukowski and Devin RenbergMOLD! 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 issue...2021-11-1843 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 16 - Sharad Mehta Answers "How do I pull information and begin a direct mailing campaign?" 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. 2021-11-1617 minStraight Up Chicago InvestorStraight Up Chicago InvestorInvesting in Will County: Mokena, Frankfort, and New Lenox with Jason MarcordesWill 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...2021-11-1143 minStraight Up Chicago InvestorStraight Up Chicago InvestorA Group of Straight Up Chicago Investors Celebrate The Live Recording of Episode 100In 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 g...2021-11-0424 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 15 - Jared Kott Answers "What are some tips on how to best screen workforce housing tenants?"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. 2021-11-0209 minStraight Up Chicago InvestorStraight Up Chicago InvestorWhat is Happening to Chicago Property Taxes?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, an...2021-10-2843 minStraight Up Chicago InvestorStraight Up Chicago InvestorChicago Permits and Zoning 101 with Samuel PavlovcikSamuel 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 wit...2021-10-2146 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 14 - Jared Kott Answers "How can I successfully operate properties in C/D areas?"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. 2021-10-1910 minStraight Up Chicago InvestorStraight Up Chicago InvestorNavigating the Ins and Outs of Affordable HousingAfter 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...2021-10-1445 minStraight Up Chicago InvestorStraight Up Chicago InvestorCICs New Leader Takes Chicago Housing To New LevelThe 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...2021-10-0745 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 13 - Sharad Mehta Answers "How do I leverage processes and automation to scale my REI business?"How do I leverage processes and automation to scale my REI business? 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. 2021-10-0518 minStraight Up Chicago InvestorStraight Up Chicago InvestorFrom Student/Tenant to 1,200 Units in Hyde ParkWhat’s your unit goal? Is it 20...maybe 50? Well today’s guest explains how his company amassed 1200 units solely in Hyde Park, (not including their north side portfolio). Nick Hollenkamp drops street-level advice on the different corridors of Hyde Park along with his ten year forecast for the neighborhood.  Nick provides great soundbits on why you should never fully give up on a deal, which pockets of Hyde Park present opportunities for smaller sized investors, the benefits of student housing, and why it’s important to develop strategic relationships.  What a crazy good episode we have for...2021-09-3040 minStraight Up Chicago InvestorStraight Up Chicago InvestorIt’s Your Team That Will Make You Millions in Chicago - Brian Lignelli Knows From ExperienceYou cannot grow without adequate funding. When it comes to private funds, there are so many questions asked as a new investor. Brian Lignelli takes the time today to talk about how his company, Continuum Capital Funding can put it’s partners in a position to scale and grow as well as how to prepare to work with them. He also hits on some of the various neighborhood associations he’s a part of and how you too can get more involved in them. If you enjoyed today’s episode, please give us a 5 star review and share it with a...2021-09-2343 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 12 - Eric Workman Answers "What factors go into determining commercial financing?"What factors go into determining commercial financing? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Eric Workman of Renovo Financial ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-09-2126 minStraight Up Chicago InvestorStraight Up Chicago InvestorMy Tenants Stole My Car; The Chicago House Hack from Hell with Joey PochinskasIn episode 85, David Geen said househacking is the Stephen Curry cheat code of real estate. Many folks agree and have leveraged this strategy to kick off successful REI careers. However, there are real risks that arise the moment you become a housing provider.  Today’s guest, Joey Poshinskas, is an extremely resilient househacker who persevered through numerous obstacles to stabilize his building. Hear Joey’s outrageous tenants horror stories, how he handled each situation, and how he ultimately learned from the process. Listen in on a great episode with Joey and find him on instagram at reijoey. If yo...2021-09-1643 minStraight Up Chicago InvestorStraight Up Chicago InvestorYou Can’t Get Any More Chicago Than This - First-Generation American Sal Becovic and his 2,000 Rogers Park UnitsLike many families in Chicago, Sal’s family came from the old world and settled in a turbulent part of the city at a turbulent time. As he’s now standing on the shoulders of what his parents initially organized, he’s building it farther than ever expected. Sal’s story is amazing, his advice is timely, and his passion is contagious. Listen to today’s episode with Sal Becovic. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Sal Becovic of Becovic Link: The Economist - World Ne...2021-09-0943 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 11 - Eric Workman Answers "What steps can I take to maximize my appraisal?"What steps can I take to maximize my appraisal? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Eric Workman of Renovo Financial ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-09-0718 minStraight Up Chicago InvestorStraight Up Chicago InvestorSelf Storage - No Toilets or Tenants - with Chicag Expert Fernando AngelucciFernando Angelucci has spent the last decade becoming one of the largest wholesalers in the Chicagoland area. Fernando successfully scaled his wholesaling business to a goliath and used the same skill sets and systems to establish and grow his self storage portfolio. In today’s episode, Fernando breaks down why he prefers self storage over multifamily investing, what you should be looking for in a self storage opportunity, how to find deals and the shiny future of self storage. Listen in on a tremendous episode and as always, share us with a friend and give us a fi...2021-09-0258 minStraight Up Chicago InvestorStraight Up Chicago InvestorBigger Pockets Host and Expert Investor David Greene Visits Straight Up Chicago InvestorNationally-recognized real estate rockstar David Greene of Bigger Pockets and Keller Williams holds nothing back! David provides his thoughts on the BRRRR strategy and dissuades the myths around equity as a cushion. David also covers the buyer/investor relationship, houssehacking as a cheat code, and why you need to start pushing over dominos to build your empire. Please enjoy today’s episode and if you like what you hear, leave us a review and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Da...2021-08-261h 13Straight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 10 - John Warren Answers "How can I put my best foot forward when making offers and how can I show experienced agents that I am serious?"How can I put my best foot forward when making offers and how can I show experienced agents that I am serious? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: John Warren of Second City Real Estate ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-08-2412 minStraight Up Chicago InvestorStraight Up Chicago InvestorHow to Acquire, Fund, and Develop Distressed Properties in ChicagoMalcolm Gladwell popularized the idea that it takes 10,000 hours to master something. Well, if that’s the case, Mike Olszewski has likely mastered his craft several times over. To date, he has sold over 17,500 REO properties, developed properties and has even begun his own private lending business. Today, you get to learn the process of acquiring, rehabbing and selling REO properties from a master and apply them to your own practice.  Mike also gives an in-depth play-by-play tutorial on how to handle a cash for keys situation and addresses some of the key things to be aware of...2021-08-1945 minStraight Up Chicago InvestorStraight Up Chicago InvestorFlipping Houses in Chicago’s Northwest SideKnowing a couple neighborhoods intimately is better than a hundred superficially. That’s exactly what the Property People did in Chicago’s northwest neighborhood. It’s how they know how deep they can dig a basement out and how much value they’ll add. What certain features are expected and what can they pass on? Greg and Jenny are a rockstar duo that have grown tremendously and have even more ambition for the future. If you learned something, please leave us a 5 star review and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Em...2021-08-1248 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 9 - Rosario Terracciano Answers "What is ClickInvest and why should I care?"What is ClickInvest and why should I care? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Rosario Terracciano of Clickinvest ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-08-1009 minStraight Up Chicago InvestorStraight Up Chicago InvestorReal Estate Investing 101 in Naperville with Josh MitchellFrom the downtown riverwalk, to larger lots and Suburban living, Naperville is a diverse market drenched with opportunity. Today’s guest, Josh Mitchell, has carved out his niche as the go to guy in the area, acting as both an investor and a broker for Re/Max in Naperville. In this episode, Josh answers some FAQs for people thinking about going down a similar career trajectory and explains the nuances involved within the Naperville sub markets. If you like what you hear today, please give us a 5 star review and share us with a friend! Like what yo...2021-08-0535 minStraight Up Chicago InvestorStraight Up Chicago Investor“I Got A Guy” - Keys to Building a Strong Chicago Network with Gary DavidsonAll the nuggets you’ve learned from previous episodes won’t add up to squat if you do not have the appropriate team in place. So how do you build that successful team? Today’s guest, Gary Davidson, is not only a rock star attorney, but he is the definition of a go-giver. In today’s episode you will learn how asking the question “how can I add value to person X?” can solidify your network and propel you on your journey. We will also discuss common mistakes investors make, and the questions you should be asking when picking an attorney...2021-07-2950 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 8 - Chance Badertscher Answers "What are the steps and my responsibilities as an investor to get from attorney review to the closing table?"What are the steps and my responsibilities as an investor to get from attorney review to the closing table? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Chance Badertscher of Lavelle Law ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-07-2711 minStraight Up Chicago InvestorStraight Up Chicago InvestorScreening, Operating, And Understanding Chicago’s West SideRoman Viere manages and operates over 900 apartment units, and the majority of these units are in Austin. Austin is geographically Chicago’s largest neighborhood and offers everything from a 9-hole golf course to struggling store fronts. It takes a hands-on approach to analyze, screen and operate in a neighborhood like Austin, and Roman provides tactical insights and street-level knowledge useful to anyone looking to scale on Chicago’s West Side.  Did you learn something new from this episode? Please share it with a friend and leave us a review! Connect with Mark and Tom: StraightUpChicagoInvestor.com2021-07-2248 minStraight Up Chicago InvestorStraight Up Chicago InvestorBig Business Processes Make a Powerful Small Business with Jonathan KlemmLike many real estate professionals, Jonathan Klemm transitioned from a W-2; what is remarkable about him is his background working with Walsh Construction, which is one of Chicago’s largest construction and contraction companies. Jonathan has taken everything he learned about managing large scale projects and applied it to smaller, investor focused projects. Listen in as Jonathan explains his process, what sets his company apart and how to best position yourself to work with contractors. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Jonathan Klemm of Quality Bu...2021-07-1544 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 7 - Rosario Terracciano Answers "What are proactive steps to ensure I'm ready to pull the trigger when the right property presents itself?"What are proactive steps to ensure I'm ready to pull the trigger when the right property presents itself? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Rosario Terracciano of Clickinvest ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-07-1307 minStraight Up Chicago InvestorStraight Up Chicago InvestorInvesting for Intergenerational Wealth in Evanston with Jaimie Steinher of Essex RealtyWith the Lake, a world-class University, and a plethora of transportation, Evanston is an extremely attractive and diverse marketplace for many investors. Jaimie Steinher of Essex Realty exclusively covers Evanston, and provides on the ground insights to help you navigate the different pockets of the city. Jamie lays out cap rates, average rents, and tenant expectations in an episode packed with tangibl takeaways. If you like what you hear, please take the ten seconds to leave us a review and share with a friend who should be investing in Evanston. Connect with Mark and Tom: StraightUpChicagoInvestor.com2021-07-0840 minStraight Up Chicago InvestorStraight Up Chicago InvestorUnderstanding the Cost and Maintenance of Chicago Porches with Mr. PorchFor many Chicagoans, the porch has been the focal point of countless memorable times. Since Covid, the importance of “outdoor spaces” in real estate has re-emerged as a priority for plenty of homebuyers, too. But how many investors know how to evaluate the build quality of a property with a porch? And what’s the process like when wanting to add a back porch to an existing property? How do you work with the city to ensure compliance? Frank Knight, AKA Mr. Porch, has built about 3,000 porches in the Chicago area and he’s here today to shed some informat...2021-07-0147 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 6 - John Warren Answers "What are some common mistakes I can look to avoid when calculating my after repair value and proposed rents?"What are some common mistakes I can look to avoid when calculating my after repair value and proposed rents? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: John Warren of SecondCity ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-06-2914 minStraight Up Chicago InvestorStraight Up Chicago InvestorThe Illinois REALTORS’ Advocacy for Housing Providers and Why Chicagoland Investors Should CareWe all know about the numerous laws either being proposed or already enacted affecting housing providers and investors. Groups like the Illinois Realtors Association, the NBOA, the CAR and others are working everyday to keep laws fair and protect people. Our guest today, Gideon Blustein, is the director of member outreach for the Illinois REALTORS and talks us through some of the current issues at the forefront of everyone's mind as well as how we can all get involved and benefit from these organizations. If you like what you hear today, leave us a review and share us with...2021-06-2442 minStraight Up Chicago InvestorStraight Up Chicago InvestorWhat’s Around the Corner in the Chicago Real Estate Market with Ryan SmithRyan Smith is not an optimist, but a realist. With a stark numbers-based opinion, Ryan provides his thoughts on Chicago’s housing market, the strength and the validity of the recent appreciation, and how long it may take to get through upcoming foreclosure inventory. We’ve had Ryan on here before (Episode 28), but last time it was too good of a conversation so we had to bring him back. Listen in and if you learned something, leave us a like and share us with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show...2021-06-1753 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 5 - Rosario Terracciano Answers "How can I make my offer more attractive in this hot market?"How can I make my offer more attractive in this hot market? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Rosario Terracciano of Clickinvest ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-06-1508 minStraight Up Chicago InvestorStraight Up Chicago InvestorChicago MultiFamily Apartment Investing With Lee KiserLee Kiser is the co-founder of Kiser Group, a member of the Forbes Real Estate Council, and a wealth of knowledge in the Chicago market (and a local musician!). In today’s episode, Lee provides his thoughts on how today’s hot market differs from 2005, how institutional and private money has altered apartment investing in Chicago, and what neighborhoods are on the rise. Lee dishes out advice on subtle value-add opportunities, steps to avoid to ensure a smooth operation, and how to show credibility when interacting with brokers.  Is there anyone else in your network that...2021-06-1047 minStraight Up Chicago InvestorStraight Up Chicago InvestorChicagoland Rehab Financing Without Using Hard Money or 203k LoansPossibly the biggest consideration when taking on a rehab project is how to finance the deal. We’ve all considered hard money, FHA has their 203K loan program, and we’ve probably seen a late night commercial or two. Perry Farella of Prime Lending talks us through a loan program which is a cross between a conventional loan and hard money, something that you don’t even need to refinance out of once the property is stabilized. Listen in as Perry tells us more about this product and how it can be best used to fund your next Chicago rehab...2021-06-0352 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 4 - Eric Workman Answers "Besides rate and term, what other items I should ask about when talking to different lenders?" Besides rate and term, what other items I should ask about when talking to different lenders? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Eric Workman of Renovo Financial ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-06-0108 minStraight Up Chicago InvestorStraight Up Chicago InvestorFiguring Out the Short Sale Process and Other Non-Traditional Closes with Gina DiazOne of the most important team members that real estate investors rely on is their attorney. Not all closings are created equal and Gina Diaz explains some of the closing nuances both through the eyes of an attorney and as an investor. Gina provides great insights into how to successfully close on a short sale, what to be aware of in a double close, and how to work with a title company and attorney to successfully wholesale a deal. Tune in as you are sure to learn something in today’s episode. Connect with Mark and Tom: St...2021-05-2744 minStraight Up Chicago InvestorStraight Up Chicago InvestorKing of Chicagoland; Easy Makes You SoftWith nearly 30 years of experience as a broker, Frank Montro, the King of Chicagoland, shares his reflections on how the industry has changed from the early ‘80s to today. While touching on strategies his team uses to generate business, and cementing what it takes to succeed, Frank gives a compelling presentation that is certain to teach you something about winning in Chicago. Do NOT play with your money, work with an expert and learn to avoid the pitfalls of most new investors. It’s what we’re all about here at the Straight Up Chicago Investor. Connect with M...2021-05-201h 01Straight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 3 - Chance Badertscher Answers "What are some items I should look out for during Attorney Review?" What are some items I should look out for during Attorney Review? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Chance Badertscher of Lavelle Law ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-05-1807 minStraight Up Chicago InvestorStraight Up Chicago InvestorHow a Single Mom Created A Real Estate Empire Across ChicagolandBe honest with yourself...how many excuses do you tell yourself? Farrah Ali was a single mom in debt, working full time, but did not let that deter her from financial freedom. Listen to her incredible story and how it has impacted all areas of her life. She details even more of this in her book, “Diaries of A Female Real Estate Investor.” If you liked what you heard, please share it with a friend and let us know what you think! Enjoy the show! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: Stra...2021-05-1337 minStraight Up Chicago InvestorStraight Up Chicago InvestorUnderstanding the Economics and Risks of Chicago’s Pension CrisisWhat does Chicago look like from an economist’ perspective and why should investors care? Today, Dr. Joseph Pagliari explains some of his economic thesis related to Illinois’ long term fiscal issues that are top of mind for so many investors. He provides options Illinois might have to address these issues, but are they specific to only Chicago or are the issues more widespread? Listen in today to a fascinating conversation. If you learned something, please share it with a friend! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Gues...2021-05-0656 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 2 - Rosario Terracciano Answers "What are some common mistakes that cause investors to overpay for an investment property?"What are some common mistakes that cause investors to overpay for an investment property? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Rosario Terracciano | ClickInvest ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021. 2021-05-0413 minStraight Up Chicago InvestorStraight Up Chicago InvestorChicago’s Very Own Cost Segregation Expert - Kevin CawleyThe word "taxes" inspires fear from all types of investors, but especially in Chicago. From income tax, to property tax, we’re paying a lot. Depreciation is one of Real Estate’s greatest benefits, and there is a way to maximize that benefit immediately. Cost Seg Kev is here today to explain what cost segregation is and how it can be used to offset your tax liability. If you’re not trying to save hundreds of thousands of dollars from here on out, well, this isn’t the episode for you. Listen in and if you learned something, please share us...2021-04-2942 minStraight Up Chicago InvestorStraight Up Chicago InvestorMulti Family Investing in Chicago’s Northwest Side with Gloria WeikertOne of the most important allies to an investor is the broker they work with. Gloria Weikert runs the X-Plus team and has a specialty in helping clients buy investment properties. In today’s episode, Gloria gives some insight on what it takes to win deals in a competitive market that go past just offering more money; breakdowns of different neighborhoods; tenant and rental profiles in varying neighborhoods as well as plenty more. Listen in and if you liked what you heard, or learned something today, give us a 5-star review and share us with a friend. Co...2021-04-2245 minStraight Up Chicago InvestorStraight Up Chicago InvestorTuesday Tip 1 - Eric Workman Answers "How does an acquisition lender structure my financing when I'm looking to flip a property?"2021-04-2011 minStraight Up Chicago InvestorStraight Up Chicago InvestorFighting for Good Chicago Housing Policy with Kris AndersonChicago is known for complex and restrictive landlord and tenant policies, but there are dozens of people fighting for change and protection. Kris Anderson of the Chicago Association of Realtors is one of those people on the front lines. Not everyone knows the role of CAR, so Kris explains what they do and his role in the machine as well as other groups and associations who are allies. Some hot button topics covered in today’s episode include RLTO reforms and rent control; some of the biggest issues for individual landlords as well as some great reasons to be op...2021-04-1545 minStraight Up Chicago InvestorStraight Up Chicago InvestorUnderstanding The Diverse Opportunities and Multiple Pockets of ElginElgin has a long history of being one of the most significant cities located just outside of Chicago. Spanning two counties and one of the largest populations in Illinois, it offers a wide variety of housing options and investment strategies. Broker and investor, Mike Zwemke, takes us through his experiences of getting started and scaling in the area; his strategy and why he’s interested in HOAs. We cover the economy of Elgin and the workforce, the different pockets and their associated housing stock and so much more. If you like what you hear, please leave us a 5 star re...2021-04-0845 minStraight Up Chicago InvestorStraight Up Chicago InvestorTraveling West of the West Loop, and Other Areas of Chicago that Top Producing Agent Lumi Ispas Shares is Bullish OnLumi Ispas has been a determined and successful investor, broker, and coach in Chicago for two decades. She’s lost it all and gained it all back. In today’s episode she shares her journey of emigrating from communist Romania to truly experiencing the American Dream through real estate. She addresses several hot topic items including early mistakes, key focus areas and how to analyze an area. She also talks about trends in greater Chicago that help her make informed decisions about the future. Please enjoy today’s episode and leave a review for us. Stop by and ch...2021-04-0150 minStraight Up Chicago InvestorStraight Up Chicago InvestorCHA Section 8 Roundtable - Part 1Many fear what they don’t understand. That’s exactly why we put together this round table discussion with two other great CHA section 8 property managers. Listen in as we address the entire workflow from screening the applicants, to the move in, and everything that happens in between. Section 8 can be a great investment strategy, but it’s imperative you understand how it works...ESPECIALLY in a city like Chicago. If you learned something today, please leave us a review and share us with a friend. Enjoy the episode! Connect with Mark and Tom: StraightUpChicagoInvestor.com Emai...2021-03-2559 minStraight Up Chicago InvestorStraight Up Chicago InvestorBuilding Generational Wealth Through 1031 Exchanges with Lauren SpeidelThe term “1031 Exchange” is ubiquitous, but do you really know what it is or how to even engage in one? Lauren Speidel of Exeter1031 is a subject matter expert and breaks it down for you today. She’ll explain the different parties involved, what the criteria are and what you need to know before having the necessary conversations. Our hosts, Tom and Mark, have great FAQs for Lauren and she delves into a lot of content on one of our most informative episodes yet. If you like what you hear today, share us on Facebook and tag us wit...2021-02-1148 minStraight Up Chicago InvestorStraight Up Chicago InvestorWhat We Learned in 2020 and What’s On the Docket for SUCIAs we wrap up 2020, a huge thank you to all our listeners and active participants that have helped transform this podcast from a simple idea of sharing localized knowledge into its current state (which we view as a success).  In this episode, Mark and Tom give a quick state of the union of the podcast and also dive into what they learned over 40 episodes, including some of their favorite episodes and nuggets. We also lay out what to expect from SUCI as we continue to try and add valuable content, while also soliciting your feedback. Congrats on w...2020-12-3036 minStraight Up Chicago InvestorStraight Up Chicago InvestorNavigating Chicago’s Eviction Process with Tom RaleighTom Raleigh, of Halsted Law Group, breaks down the current environment for landlords as it relates to the eviction process. COVID has shaken things up, and understanding what you can and can’t do is more confusing than ever, so having an ally who understands the rules and will fight for you is paramount. Listen to our hosts ask Tom some FAQs about landlord process and protocol and learn about a new service coming out to help landlord’s screen tenants way more effectively! Rent Butter is coming in 2021 and you’ll want access to it. If you fo...2020-12-2443 minStraight Up Chicago InvestorStraight Up Chicago InvestorOut of State Investing Mistakes in the Chicago Market and How to Avoid Them with Kathy FettkeToday’s episode provides great insights for anyone investing in Chicago, specifically for those unfamiliar with the area.  Author, coach, and entrepreneur Kathy Fettke has been featured on The Wall Street Journal, ABC, CNBC, NPR, MarketWatch, among other major media outlets. With over 50,000 members following her advice through her RealWealth Network educational platform, Kathy’s team of  investors have accumulated over $1 Billion in assets, with the majority of that number being out of state investments. Chicago is one of Kathy’s main markets and she has seen firsthand the challenges that come with out of state investing in an ar...2020-09-1056 minStraight Up Chicago InvestorStraight Up Chicago InvestorInvestment Opportunities in The Far Northwest Chicago Suburbs with Joe Mueller With 20 years in the business, Joe Mueller got his start buying REO (bank owned) properties at auctions. From there, Joe networked extensively to develop a robust acquisitions strategy and eventually implement multiple streams of income. Most recently, Joe started a title company suited for investors who wanted to transact in off market property without a broker.    Joe shares remarkably deep insights on how to successfully buy properties in the far northwest burbs, especially in McHenry and Kane County, and provides excellent advise that investors can use all over Chicagoland.   If you find this podcast helpful, please leave us a review and...2020-06-1249 minStraight Up Chicago InvestorStraight Up Chicago InvestorDominating the Western Suburbs With John Warren Price points can be appealing in the Western Suburbs, especially compared to each areas of the city. However, it's not as simple as looking at rental rates and population statistics; our guest today is uniquely qualified to shed light on all the pros and cons that come along with investing in the numerous Western Suburbs East of 294.    John Warren is both an agent and investor and founder of the Chicago West Suburban Real Estate Investor Meet-Up.  John knows each of these municipalities better than anyone else out there and explains that two adjacent suburbs can be an apples to oranges com...2020-05-2943 minStraight Up Chicago InvestorStraight Up Chicago InvestorNorth Side House Hacking & How It Has Changed In Last 5 YearsIf you've gone on the Bigger Pockets forums, you've probably seen the wealth of knowledge she shares with everyone, but today Brie Schmidt of Second City Real Estate is getting down to the Chicago specific details for you. Ever wonder why north center has had such a strong population decline while prices have skyrocketed? Or how you can house hack a property yourself? Brie tells it all for you without selling sunshine and rainbows, but her expertise keeps her clients coming back year after year. Not only that, Brie gives some insight into how she optimized her schedule from...2020-05-2249 minStraight Up Chicago InvestorStraight Up Chicago InvestorMeet the Hosts, Mark Ainley and Tom ShallcrossMark 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...2020-05-1222 min