Straight Up Chicago Investor

Zack Limbaugh of the Limbaugh Law Firm provides his clients with legal representation and strategy to remedy Building Code Violations and other matters associated with Chicago Buildings! Zack starts by explaining how he got his foot in the door with the City of Chicago before becoming an attorney and leveraged those relationships to build a niche in legally handling Building Code Violations! Zack talks about top considerations when seeking financing on violation properties. He then breaks down dealing with stop work orders and demo court properties. In this show, Zack provides tremendous insights on how to search for and understand violations to give you an edge over your competition! 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: Zack Limbaugh, The Limbaugh Law Firm Link: A People's History of the United States (Book Recommendation) Link: SUCI Ep 79 - Gary Davidson (Castle Law) Guest Questions 02:04 Housing Provider Tip - Write down and stick to your tenant screening criteria! 04:05 Intro to our guest, Zack Limbaugh! 10:20 Starting off as an Attorney specializing in Chicago Building Violations! 16:53 Discovering and assessing Building Code Violations. 30:25 How to find out if violations are active. 32:26 Getting financing on properties with violations. 39:17 Dealing with Stop Work Orders! 46:37 Demo Court properties. 51:41 What is your competitive advantage? 51:52 One piece of advice for new investors. 52:16 What do you do for fun? 52:37 Good book, podcast, or self development activity that you would recommend? 53:03 Local Network Recommendation? 53:21 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Joey Halperin is a real estate broker and developer with vast experience in ground up development and renovation projects across Chicago! Joey starts by explaining how he left the corporate world to jump into general contracting and real estate brokerage! He gets granular on difficult renovation projects and the importance of having skilled contractors to help assess and mitigate risk. Joey discusses how he's finding deal flow in this tough market and explains how understanding Zoning can be a cheat code. He closes with a bullish outlook on Lincoln Square and other "path of progress" neighborhoods! 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: Joey Halperin, Halperin & Schatz Real Estate Group Link: Joey's Instagram Link: SUCI Ep 236 - Alex Morsch Link: Alex Bok (Network Referral) Guest Questions 01:39 Housing Provider Tip - Prepare your tenants for issues that may arise during the winter season! 03:50 Intro to our guest, Joey Halperin! 11:55 Joey's start in real estate development. 19:24 Getting into residential real estate brokerage. 23:33 Joey's investment portfolio and neighborhoods of interest. 27:11 Taking on tough rehab projects. 33:10 Finding deal flow in this competitive market. 40:05 Neighborhoods that Joey is bullish on! 48:54 What is your competitive advantage? 49:37 One piece of advice for new investors. 50:35 What do you do for fun? 51:27 Good book, podcast, or self development activity that you would recommend? 52:31 Local Network Recommendation? 53:44 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Which South Side neighborhoods have been the biggest surprise and which neighborhoods have the most potential? ============= 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: Aaron Sklar, Kiser Group Link: Episode 141: Straight Up Tues Tip 29 - Noah Birk and Aaron Sklar Sit Down to Explain How Investors New To The Multifamily Space Can Catch A Broker's Eye ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

James Erwin has decades of experience practicing Real Estate Law and is a board member of the NSBC! James starts by breaking down the legal ins and outs for condo deconversions. He dives deep on the process for clearing building violations on properties including tips to keep the City and lenders happy. James explains the Corporate Transparency Act (CTA) and everything that must be disclosed in order to stay compliant. Throughout the show, James displays his deep knowledge of real estate law and how his firm is providing top notch service to their clients! 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: James Erwin, Erwin Law Link: FinCEN Link: James' Contact Info Link: The 4 Pillars of Critical Thinking (Book Recommendation) Link: Make Your Bed (Book Recommendation) Link: NBOA Chicago Guest Questions 03:15 Housing Provider Tip - Plan your fall cleanups to adjust for an extended summer season. 04:35 Intro to our guest, James Erwin! 09:43 Legal process for condo conversions. 19:17 Attorney's role in acquisition of large portfolios. 24:44 Process of clearing property violations! 35:42 What is the Corporate Transparency Act (CTA)? 45:06 How to comply with CTA 47:00 What is your competitive advantage? 48:18 One piece of advice for new investors. 49:00 What do you do for fun? 49:09 Good book, podcast, or self development activity that you would recommend? 49:45 Local Network Recommendation? 50:36 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Sean Douglas of the Axon Group discusses his adventurous start to his real estate journey! Sean began his investment career when he inherited his grandparent's home, which after numerous setbacks, he eventually flipped! He breaks down how he jumped into the deep end by doing construction himself. After having a contractor steal $7000 from him, Sean recaps the long days of work that it took to get his flip project to the finish line. Sean also shares details on his 4-unit house hack and considerations when investing in "picky" towns and villages. Throughout the show, Sean demonstrates how his perseverance and discipline have allowed him to get past difficult situations and become a stronger investor and person! 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: Sean Douglas, The Axon Group Link: A Book of Five Rings (Book Recommendation) Link: Can't Hurt Me (Book Recommendation) Link: Kevin Kaspers (Lender Referral) Link: On Target Home Inspection (Referral) Link: Aparicio Law (Referral) Guest Questions 02:19 Housing Provider Tip - Be aware of permit and inspection requirements from municipalities! 04:48 Intro to our guest, Sean Douglas! 09:06 Sean's start in investing. 11:54 Inheriting your grandparent's home. 15:03 Leveraging BiggerPockets to find resources! 21:22 Early (goofy) mistakes and learning construction. 28:29 Disposition of crazy flip project! 32:56 Life post flip project. 40:04 Sean's 4-unit house hack adventure. 49:17 From real estate inspector to broker. 58:23 What is your competitive advantage? 58:53 One piece of advice for new investors. 59:14 What do you do for fun? 59:22 Good book, podcast, or self development activity that you would recommend? 60:15 Local Network Recommendation? 60:56 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What should I focus on in negotiating a multifamily transaction? ============= 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: Noah Birk, Kiser Group Link: Kiser Group ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

Luke 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 from today's show is to stay involved in housing provider communities and make your voice heard to stop policies that do not help landlords, tenants, and/or the City of Chicago as whole. If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= 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: Luke Blahnik, Flora | Blahnik @properties Link: Flora Blahnik Instagram Link: SUCI Ep 32 - Luke Blahnik's First Episode Link: Unreasonable Hospitality (Book Recommendation) Link: Copy of Ordinance Guest Questions 03:13 Housing Provider Tip - Stay involved in your community so your voice is heard. 04:53 Intro to our guest, Luke Blahnik! 05:27 The "Northwest Preservation Ordinance" Explained. 19:32 Exemptions for the Ordinance. 19:10 Benefits of raising capital and passive investments! 22:40 Groups most impacted by the Ordinance. 36:28 What's next following the implementation of the Ordinance? 39:49 What is your competitive advantage? 40:24 One piece of advice for new investors. 40:42 What do you do for fun? 41:18 Good book, podcast, or self development activity that you would recommend? 41:46 Local Network Recommendation? 42:31 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

RJ de Leon returns to the show to tell us about his most recent investments and how he's managing his portfolio remotely as he and his family spend most of the year traveling! RJ starts by discussing how he and his wife Nicky set up their investments and businesses to be able to manage them remotely and travel the country for months at a time! He gives tips for aspiring entrepreneurs that are planning to embark on a new journey. RJ explains all the benefits and considerations of passive investments and gets granular on analyzing investments. He also provides insights on capital raising and alternative investments beyond real estate that can allow you to work smarter, not harder. Throughout the show, RJ emphasizes the power of networking and being a "go-giver" to create your own luck! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= 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: RJ de Leon, NVR Capital & EJC Partners Link: RJ's Instagram Link: SUCI Ep 43 - RJ and Nicky Link: The Actionable Mindset (RJ's Podcast) Link: Chicago Multifamily Club Link: The Go-Giver (Book Recommendation) Link: Straight Up Sarita Sells Team Guest Questions 04:08 Intro to our guest, RJ de Leon! 08:24 Getting into Capital Raising. 17:06 Preparation tips for embarking on a new journey! 19:10 Benefits of raising capital and passive investments! 25:51 The Power of Networking. 28:13 Analyzing a passive investment. 32:27 Accepting capital from investors. 38:18 RJ's next trip and getting educated on alternative investments. 44:44 What is your competitive advantage? 45:13 One piece of advice for new investors. 46:21 What do you do for fun? 47:09 Good book, podcast, or self development activity that you would recommend? 47:54 Local Network Recommendation? 48:44 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

What are the construction costs associated with building out a new ADU unit? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guests: Jonathan Klemm, Quality Builders Link: SUCI Episode 264: Unlocking Zoning Secrets: Your Guide to Chicago Zoning, ADUs, and Other Essential Information ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.

George McCleary is a real estate investor and developer with two decades of experience. He is also the creator of courses that teach investors to protect themselves from Squatters and Deed Fraud! George starts by discussing his viral "I Stole a House" video which explains how sophisticated squatters are able to steal a property owner's equity. He dives into the top precautionary measures against squatters and shines light on some wild "unconventional methods" to remove squatters. George explains the value that his Squatter Defender and Title Fraud Defender courses bring to investors. He closes with tips on title monitoring to prevent title fraud and empowering words to help aspiring real estate investors take action! ============= 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: George McCleary, Defender Networks Link: George's Instagram Link: Squatter Defender Course Link: Title Fraud Defender Course Link: SUCI Ep 278 - David Greene Guest Questions 02:22 Housing Provider Tip - Provide excellent service to avoid vacancy as a Landlord! 04:26 Intro to our guest, George McCleary! 09:53 The "I Stole a House" Video! 12:38 Best precautionary measures against squatters. 17:46 Squatter "Unconventional Methods". 24:00 Emerging Landlord-Friendly Legislation. 29:14 George's Squatter Defender Program! 31:06 In and Outs of Deed Fraud. 38:45 How to prevent Title Fraud? 48:22 What is your competitive advantage? 49:00 One piece of advice for new investors. 49:55 What do you do for fun? 50:25 Good book, podcast, or self development activity that you would recommend? 51:00 Local Network Recommendation? 51:39 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2024.