Straight Up Chicago Investor

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.

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.

What'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 you today, so if you learned something today, PLEASE LEAVE US A REVIEW and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Nick Hollenkamp of Pioneer Acquisitions LLC Link: Pioneer Acquisitions: OVERVIEW Link: Rogers Park Builders Group - Chicago Link: Surrounded by Idiots: The Four Types of Human Behavior and How to Effectively Communicate with Each in Business (and in Life) Link: Leaders Eat Last: Why Some Teams Pull Together and Others Don't Link: Joe Smazal Link: Six Stories of Rubble. A Million Stories Buried Underneath. Sponsor: Pentwater Cabinetry Sponsor: Appeal.tax ----------------- Guest Questions Guest intro. 6:00 Hyde Park Introduction. 9:00 600 unit deal breakdown. 11:15 How can smaller players get into hyde park? 14:20 10 year forecast? 16:00 Finish level and rental rate? 20:15 Concerns around COVID and university housing? 26:45 Wrap Up Questions Competitive advantage 34:30 Advice? 35:00 What do you do for fun? 36:00 Self Development? 37:00 Network recommendation? 37:30 How can we learn more about you? 38:00 That's our show, thanks so much for tuning in! See you next week. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

You 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 friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Brian Lignelli of Continuum Capital Funding LLC Link: Search Building Department Records Link: Lincoln Park Builders Link: NBOA Chicago Link: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork Link: These Truths: A History of the United States Link: Ryan Smith, Western Springs, IL Real Estate Link: Jared Kott on LinkedIn Link: Michael Abraham Sponsor: Cost Segregation Services Sponsor: Appeal.tax ----------------- Guest Questions Guest intro 5:30 What was the market need for Continuum? 10:00 How has the creative financing industry changed? 20:00 What safeguards do investors have when using private money? 23:15 Getting involved in associations? 27:25 What to do at a networking event? 31:00 Wrap Up Questions What is your competitive advantage? 36:00 One piece of advice for new investors? 37:00 What do you do for fun? 37:30 Self development? 38:15 Network recommendation? 39:09 How can we learn more about you? 40:10 That's our show! Thanks so much for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

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.

In 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 you enjoyed today's episode, take a quick moment to leave a review and share us with a friend. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Joey Pochinskas | Instagram (@REIJoey) Link: Vivid Vision: A Remarkable Tool For Aligning Your Business Around a Shared Vision of the Future Sponsor: Prime Lending Sponsor: Appeal.tax ----------------- Guest Questions Intro 4:45 FHA 203K Loans? 12:30 Challenges with 203k loans? 17:30 Get deposits to verify income.23:40 10 months into the house hack, what now? 32:20 How have these issues impacted your view of real estate investing? 33:40 Wrap Up Questions Competitive advantage? 37:15 Advice for new investors? 38:20 What do you do for fun? 38:45 Self development recommendations? 39:20 That's our show! Thanks so much for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

Like 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 News, Politics, Economics, Business & Finance Link: Neighborhood Building Owner's Alliance – A Voice for Chicago's Building Owner's Sponsor: Pentwater Cabinetry Sponsor: Essex Realty ----------------- Guest Questions How are you still finding deals? 7:30 What are the changes you've seen in Edgewater, Uptown and Rogers Park? 13:15 Pain Points? 23:00 Concerning headwinds? 33:30 NBOA and builders groups experiences? 36:20 Wrap Up Questions What is your competitive advantage? 38:45 One piece of advice for new investors? 40:00 What do you do for fun? 40:25 Local network recommendation? 41:30 How can we learn more about you? 42:00 That's our show! Thanks so much for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.

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.