Ignacio Gonzalez joins us to explain everything you need to know about the neighborhood he was born and raised in, and currently invests in; Back of the Yards!
Ignacio jumps right in by explaining how he started investing in the neighborhood and defines its geographical borders. He shares lessons learned from his first (over budget and over schedule) rehab project and other large gut renovations that he’s taken on. He provides insight on the explosive growth of property and rent values along with his forecast of Back of the Yards’ trajectory. Throughout the show, Ignacio emphasizes the importance of knowing your community and the satisfaction that comes with being a contributing member to a community’s growth!
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03:08 Housing Provider Tip: Be mindful of tenant notice requirements and plan accordingly!
05:28 Intro to our guest, Ignacio Gonzalez!
06:17 How did Ignacio get started in Back of the Yards!
08:17 What are the borders of the Back of the Yards neighborhood?
10:55 Ignacio discusses his return to Back of the Yards!
18:30 What motivated Ignacio to keep going after his rocky first project?
24:27 Ignacio discusses rent growth in Back of the Yards!
28:34 Lessons learned from large rehab jobs.
38:38 How is Ignacio influencing his peers to invest in Back of the Yards?
40:25 Ignacio discusses his upcoming coffee shop!
44:15 What is Ignacio's competitive advantage?
44:40 One piece of advice for new investors.
45:05 What do you do for fun?
45:32 Good book, podcast, or self development activity that you would recommend?
46:24 Local Network Recommendation?
47:04 How can the listeners learn more about you and provide value to you?
Guest Name: Ignacio Gonzalez
Guest Company: Beyond Legacy Homes
Guest Link: https://beyondlegacy.homes/
Other Links for show notes:
