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Episode 464: Ownership Fraud in West Town: Tom Shallcross and the $1.6 Million Fight to Unwind

SUCI Podcast Co-Host Tom Shallcross is today’s special guest and breaks down a fraud story on a West Town property that he purchased!

Tom dives deep into a recent purchase in West Town that involved ownership fraud when transferring title. He explains how the fraud was detected and how he navigated the process to reach a resolution. Throughout this show, Tom emphasizes the importance of being due diligence and having adequate insurance and documentation in place to protect yourself as best as possible!

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01:38 Housing Provider Tip - Ensure drains are clear of debris or blockage to prevent issues during heavy rainfalls!

02:33 Intro to our guest, Tom Shallcross!

03:25 Intro to Tom’s Fraud Property Story!

29:18 The process of clearing up title issues.

42:20 The stress associated with a fraud deal.

47:21 Managing partnerships when issues arise.

48:53 Chicago Fact! ------------------------------------------------------------

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest Name: Tom Shallcross

Guest Company: Straight Up Chicago Investor 

Guest Link: https://www.instagram.com/tshallcross723/

Other Links for show notes:

SUCI Ep 420 - Tom Shallcross

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