Podcast

Episode 82: Flipping Houses in Chicago’s Northwest Side

Podcast

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 Jennie 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.

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

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!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest Name: Jennie Berger and Greg Kyler

Guest Company: Property People LLC

Guest Link: https://www.propertypeoplellc.com/our-company/

Other Links for show notes:

FortuneBuilders: Real Estate Investment Coaching Programs

Never Split the Difference: Negotiating As If Your Life Depended On It

Think Like a Monk | Jay Shetty

Nonviolent Communication: A Language of Life: Life-Changing Tools for Healthy Relationships (Nonviolent Communication Guides)

Rich Dad Poor Dad: The #1 Best-Selling Personal Finance Book Ever

Chicago Real Estate Attorney | Justin C. Strane — Chicago Real Estate Attorneys

info@propertypeoplellc.com

Instagram @propertypeoplellc

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