Straight Up Chicago Investor

Straight Up Chicago Investor
undefined
Sep 2, 2021 • 58min

Episode 86: Self Storage - No Toilets or Tenants - with Chicag Expert Fernando Angelucci

Fernando 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 five star review to help us grow even more. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Fernando Angelucci of Titan Wealth Group Link: Fernando Angelucci - Senior Managing Partner - Impact Self Storage Link: Feasibility Study Definition: How Does It Work? Link: What It Takes: Lessons in the Pursuit of Excellence Link: Am I Being Too Subtle?: Straight Talk From a Business Rebel Link: Principles by Ray Dalio Link: About Us Link: https://www.linkedin.com/in/hisarahaustin/ Link: IMPACT Self Storage Sponsor: Prime Lending (Perry Farella) Sponsor: Essex Realty ----------------- Guest Questions Guest Intro 5:55 Wholesaling explanation 6:50 Is direct marketing still viable? 9:20 How do you target a demographic? 12:00 If you started tomorrow, what would you do differently? 17:00 How did you get started in self storage? 19:25 What makes a good deal? 23:25 What is the typical client for self storage? 29:00 What direction is the industry heading? 32:45 How do deals fall apart? 35:30 How do you handle non payments? 40:00 What are your plans for the next 5 years? 44:00 Wrap Up Questions What is your competitive advantage? 50:00 One piece of advice for a new storage investor? 51:50 What do you do for fun? 52:40 Self development activity? 53:45 Valuable network resource? 54:45 How can we learn more about you? 55:30 That's our show! Thanks 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.
undefined
Aug 26, 2021 • 1h 14min

Episode 85: Bigger Pockets Host and Expert Investor David Greene Visits Straight Up Chicago Investor

Nationally-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: David Greene of Keller Williams Link: David Greene Team Mastermind Link: David Greene Real Estate | Keller Williams East County Link: Pitch Anything: An Innovative Method for Presenting, Persuading, and Winning the Deal Link: So Good They Can't Ignore You: Why Skills Trump Passion in the Quest for Work You Love Link: Extreme Ownership: How U.S. Navy SEALs Lead and Win Link: David Greene Real Estate Sponsor: Prime Lending (Perry Farella) Sponsor: Cost Segregation Services ----------------- Guest Questions David Greene's favorite of his books? 6:00 Questions investors should be asking agents? 10:00 Are you expecting inflation to increase over time? 26:30 BRRRR. 35:00 What price points does BRRRR work best with? 40:30 What's next? 55:30 Wrap Up Questions What is your competitive advantage? 1:00:00 Advice? 1:04:30 What do you do for fun? 1:06:00 Self Development? 1:07:30 Recommendations? 1:10:05 How can we learn more about you? 1:11:00 That's our show! Thanks so much! 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.
undefined
Aug 24, 2021 • 13min

Episode 84: Straight Up Tuesday 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.
undefined
Aug 19, 2021 • 46min

Episode 83: How to Acquire, Fund, and Develop Distressed Properties in Chicago

Malcolm 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 when developing properties or small areas. Listen in as Mike has a great conversation with Mark and Tom today. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Mike Olszewski from Area Wide Realty | Email Mike: mike@reoareawide.com | info.barringtonfunding@gmail.com Sponsor: Pentwater Cabinetry Sponsor: Cost Segregation Services ----------------- Guest Questions Guest introduction 7:00 How did you get your first deal started? 8:10 What are REO properties? 9:00 How do you start buying REO? 10:45 What's different about buying REO than traditional retail? 12:20 What's the cash for keys timeline look like? 18:20 How did you get started developing? 21:00 What is the project and how it came to be? 25:30 Security solutions for rehabs? 30:50 What appeals you about Chicago? 33:20 Private Lending 35:45 Wrap Up Questions What's your competitive advantage? 38:45 One piece of advice for a new investor? 40:45 What do you do for fun? 41:40 Self development activity? 42:00 Network recommendation? 43:00 How can we learn more about you? 43:35 That's our show! Thanks again 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.
undefined
Aug 12, 2021 • 48min

Episode 82: Flipping Houses in Chicago's Northwest Side

Knowing 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 Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Jennie Berger and Greg Kyler from Property People LLC Sponsor: Cost Segregation Services Sponsor: Appeal.tax Link: FortuneBuilders: Real Estate Investment Coaching Programs Link: Never Split the Difference: Negotiating As If Your Life Depended On It Link: Think Like a Monk | Jay Shetty Link: Nonviolent Communication: A Language of Life: Life-Changing Tools for Healthy Relationships (Nonviolent Communication Guides) Link: Rich Dad Poor Dad: The #1 Best-Selling Personal Finance Book Ever Link: Chicago Real Estate Attorney | Justin C. Strane — Chicago Real Estate Attorneys Link: info@propertypeoplellc.com | Follow they on Instagram (@propertypeoplellc) ----------------- Guest Questions Tip of the week 3:00 Guest Intro 5:00 How did you decide on your location and investing style? 8:40 What is Norwood Park like demographically? 10:30 How much difference in ARV does a full second story account for? 13:00 Basement evaluation and rehab costs. 14:20 What other areas do you cover? 16:20 How do new construction projects work? 17:00 What is the PLN? 20:50 What are some red flags for inspections? 25:00 What is Kilbourne Park like demographically? 26:00 Things to consider for comparing ARVs? 29:15 Buyer expectations in rehabbed houses? 30:00 How did you decide to join fortune builders? 32:45 Has their network benefitted you? 34:30 Wrap Up Questions What is your competitive advantage? 38:20 One piece of advice for a new investor? 40:30 What do you do for fun? 42:15 Self development recommendation? 42:45 Local network recommendation? 44:30 That's our show! Thanks so much for tuning in this week! 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.
undefined
Aug 10, 2021 • 10min

Episode 81: Straight Up Tuesday 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.
undefined
Aug 5, 2021 • 35min

Episode 80: Real Estate Investing 101 in Naperville with Josh Mitchell

From 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 you hear? Please leave us a review and share with someone who may be interested in investing in Chicago! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Josh Mitchell from Re/Max Sponsor: Appeal.tax Sponsor: Chicago REIA Link: Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series) Link: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! ----------------- Guest Questions Guest introduction 5:40 Why did you get your real estate license? 6:50 What should you consider when choosing where to hold your license? 7:45 When did you get your real estate license? 8:45 Naperville housing stock? 10:00 Naperville area dividing lines? 13:00 Benefits and downsides to condo and townhome investing? 14:00 Rental rates in the Naperville area? 18:45 How do you find properties in this area? 24:30 What are some areas around Naperville that you also see opportunity? 26:45 What are the last effects of Covid from Naperville? 28:30 Wrap Up Questions What is your competitive advantage? 30:15 Advice for a new investor? 30:45 What do you do for fun? 31:20 Self development tools you'd recommend? 31:30 Network recommendation? 32:10 How can we learn more about you? 32:50 Thanks for tuning into our show! 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.
undefined
Jul 29, 2021 • 51min

Episode 79: "I Got A Guy" - Keys to Building a Strong Chicago Network with Gary Davidson

All 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 (and some PBR history!). Like what you hear? Please leave us a review and share with someone who may be interested in investing in Chicago! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Gary Davidson from Castle Law | Call Gary: 815-351-0408 Sponsor: Appeal.tax Sponsor: Exetor Link: Go Giver By Bob Burg & John David Mann Link: The One Thing By Gary Keller Link: Ryan Smith Link: Frank Montro Link: Juan Loya ----------------- Guest Questions Guest Intro 5:18 How do you build a team and successfully network in Chicago real estate? 7:15 How are you a connector? 10:54 How to provide value to others as a new investor 14:51 How Did Commercial Law Prepare You For What You Do Today? 20:38 Top mistakes made by Chicago investors 26:41 What to ask when hiring a real estate attorney 34:54 Wrap Up Questions What's your competitive advantage? 40:07 Advice for new investors? 40:51 What do you do for fun? 41:31 Self development activity? 43:26 Local network recommendation? 45:03 How can we learn more about you? 46:53 Thanks for tuning into our show! 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.
undefined
Jul 27, 2021 • 11min

Episode 78: Straight Up Tuesday 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.
undefined
Jul 22, 2021 • 49min

Episode 77: Screening, Operating, And Understanding Chicago's West Side

Roman 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.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Roman Viere from Urban Alternatives Sponsor: Perry Farella of Prime Lending Sponsor: Appeal.tax Link: Greater Austin Development Association Link: Neighborhood Building Owners Alliance Link: Oak Park Regional Housing Center Link: West Cook Housing Homeownership Services Link: Am I Being Too Subtle? by Sam Zell Link: Devil In The White City by Erik Larson Link: Phillip Moore - Senior Law Officer at CIC Link: Summer Soiréé ----------------- Guest Questions Guest Intro 4:45 How did you get started in Austin? 5:16 What are the different pockets of Austin and what can it do for an investor? 7:09 Why are most opportunities on Washington Blvd? 9:14 Why is the cap rate in Austin higher? 9:56 What are red flags when screening C and D class incomes? 14:01 What vacancy factor should I use in Austin? 16:16 What maintenance factor should I use in Austin? 17:25 How do you handle chargebacks? 20:49 What is the price per door right now in Austin? 22:07 How have you adjusted your business based on the economy? 23:53 What is the upside to investing in Austin? 26:27 How have you become a part of the community in Austin? 31:11 What is the minimum amount of doors I need to be successful in Austin? 33:25 Why buy in Blue Island? 39:02 Wrap Up Questions What's your competitive advantage? 41:22 Advice for new investors? 42:08 What do you do for fun? 43:24 Self development activity? 44:03 Local network recommendation? 44:58 How can we learn more about you? 45:49 Thanks for tuning into our show! 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.

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app