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Straight Up Chicago Investor - Episode 149: Revitalizing the “Land of Lincoln” with Aurora Mayor (and potential IL Governor) Richard Irvin

Episode 149: Revitalizing the “Land of Lincoln” with Aurora Mayor (and potential IL Governor) Richard Irvin

06/23/22 • 30 min

Straight Up Chicago Investor

Mayor of Aurora and gubernatorial candidate Richard Irvin discusses his plan to create jobs, lower crime, and attract businesses if he were to be elected Governor of Illinois.

Richards speaks on hot-topic issues including affordable housing, taxes, and crime. He dives deep into his tenure as Mayor of Aurora and how he can translate Aurora’s successful revitalization to the rest of the state as governor. Innovative concepts on reforming the educational and police system are among other nuggets dropped in the episode. Richard closes with empowering words on his vision of making Illinois the “Land of Lincoln” again and bringing pride back to our state!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Richard Irvin from the City of Aurora

Link: SUCI Episode 30 (Investing in Aurora)

Sponsors: Kiser Group and Prime Lending

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Guest Questions

03:28 Intro to our guest, Richard Irvin!

04:28 What does Richard consider to be his greatest accomplishment?

06:40 What can be done to create more affordable housing in Illinois?

10:42 What is the sequence of events to create affordable housing and bring businesses to Illinois?

12:48 How can Richard transfer what he’s done in Aurora to the rest of the state?

Wrap Up Questions

17:27 What are the first steps to solve the crime issues in Illinois?

22:55 How can we get the community to buy into this plan of redeveloping Chicagoland?

27:30 What is the one thing Richard wants to be remembered for?

28:45 Chicago/Illinois Fact!

That’s our show! Thanks for listening!

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2022.

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Mayor of Aurora and gubernatorial candidate Richard Irvin discusses his plan to create jobs, lower crime, and attract businesses if he were to be elected Governor of Illinois.

Richards speaks on hot-topic issues including affordable housing, taxes, and crime. He dives deep into his tenure as Mayor of Aurora and how he can translate Aurora’s successful revitalization to the rest of the state as governor. Innovative concepts on reforming the educational and police system are among other nuggets dropped in the episode. Richard closes with empowering words on his vision of making Illinois the “Land of Lincoln” again and bringing pride back to our state!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Richard Irvin from the City of Aurora

Link: SUCI Episode 30 (Investing in Aurora)

Sponsors: Kiser Group and Prime Lending

-----------------

Guest Questions

03:28 Intro to our guest, Richard Irvin!

04:28 What does Richard consider to be his greatest accomplishment?

06:40 What can be done to create more affordable housing in Illinois?

10:42 What is the sequence of events to create affordable housing and bring businesses to Illinois?

12:48 How can Richard transfer what he’s done in Aurora to the rest of the state?

Wrap Up Questions

17:27 What are the first steps to solve the crime issues in Illinois?

22:55 How can we get the community to buy into this plan of redeveloping Chicagoland?

27:30 What is the one thing Richard wants to be remembered for?

28:45 Chicago/Illinois Fact!

That’s our show! Thanks for listening!

-----------------

Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2022.

Previous Episode

undefined - Episode 148: Acquiring Distressed Real Estate by “Beating the Streets” in Chicago with Joe Sevcik

Episode 148: Acquiring Distressed Real Estate by “Beating the Streets” in Chicago with Joe Sevcik

Are you struggling with deal flow in this market? Joe Sevcik drops in to share how Networth Realty is acquiring distressed properties and wholesaling to add value to their investors.

Joe covers how his company is grinding it out by hitting the streets to get in front of motivated sellers. He talks about the mindset required to succeed in this space where rejection is commonplace. Joe dives deep into how his company is adding value to their investor clients by project values and construction costs to name a few things. This episode is full of nuggets on deal acquisition and things to keep in mind when looking for your next off-market, distressed property!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Joe Sevcik from Networth Realty

Link: Rich Dad Poor Dad (Book Recommendation)

Link: How to Win Friends and Influence People (Book Recommendation)

Link: Illinois Transfer Tax Info

Sponsors: Kiser Group and Appeal.tax

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Guest Questions

03:22 House Provider Tip: Be mindful of pest control and account for associated expenses!

06:35 Intro to our guest, Joe Sevcik!

07:30 What/who is Networth Realty?

08:02 What is Networth Realty doing to acquire deals?

10:42 How do Joe and his team stay motivated when marketing to sellers is unsuccessful a large portion of the time?

12:20 How is Networth Realty adding value to their investors?

14:50 How is estimating rehab costs different in Chicago compared to other locations?

19:06 What are some tips for investors looking for off-market deals?

21:40 How are Joe and his team following up with sellers?

25:27 Any cool or funny stories when acquiring these distressed homes?

26:15 What is an example of a deal that was difficult to close on?

27:27 How has the hot market impacted the business?

29:02 Who are the ideal clients/investors for Networth Realty?

32:56 What does the future look like for Networth Realty?

35:15 For someone interested in joining Networth Realty, what skills/qualities should they bring?

Wrap Up Questions

37:15 What is Joe’s competitive advantage?

38:00 One piece of advice for new investors.

38:18 What do you do for fun?

38:47 Good book, podcast, or self-development activity that you would recommend?

39:40 Local Network Recommendation?

39:57 How can the listeners learn more about you and provide value to you?

That’s our show! Thanks for listening!

-----------------

Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2022.

Next Episode

undefined - Episode 150: Mastering Multi-Family to Propel Your Chicagoland Investments with Rod Khlief

Episode 150: Mastering Multi-Family to Propel Your Chicagoland Investments with Rod Khlief

As many may already know, Rod Khleif is a multifamily real estate investor, business consultant, and high-performance coach. In today’s show, Rod focuses heavily on being prepared to take action as opportunities arise during a changing market like the one we are in today!

Rod starts off by speaking about the huge loss he experienced during the last housing crash and how he was able to bounce back stronger. He elaborates on the anticipated recession and on what investors should be doing to capitalize on upcoming opportunities. Rod emphasizes the importance of real estate being a team sport and gives his take on single-family vs multi-family investing. This episode is loaded with empowering words on taking action and embracing a mindset to succeed in real estate and life in general!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Rod Khleif of Rod Khleif Multifamily Mastery

Link: The 5 Love Languages (Book Recommendation)

Link: Turning Pro (Book Recommendation)

Link: The One Thing (Book Recommendation)

Link: The Lifetime Cashflow Podcast

Sponsors: Kiser Group and Appeal.tax

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Guest Questions

02:47 House Provider Tip: Focus on retaining existing tenants to prevent costly turnovers!

05:23 Intro to our guest, Rod Khleif!

06:07 The rise and fall of Rod Khleif!

09:07 What is Rod doing to prepare for the anticipated recession?

16:23 How do you balance being patient with continuing to strive towards goals in this market cycle?

19:09 What is step one in preparing for a market turn?

25:07 What would you say to new investors who want to start with single-family homes and then transition into multi-family?

27:05 What is EOS?

28:47 What mistakes do investors make when vetting people for their team when trying to scale?

31:42 How will Rod be changing his asset management during this changing market?

33:07 What is Rod’s competitive advantage?

Wrap Up Questions

33:48 One piece of advice for new investors.

34:32 What do you do for fun?

34:51 Good book, podcast, or self development activity that you would recommend?

36:26 Local Network Recommendation?

37:14 How can the listeners learn more about you and provide value to you?

That’s our show! Thanks for listening!

-----------------

Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2022.

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<a href="https://goodpods.com/podcasts/straight-up-chicago-investor-183411/episode-149-revitalizing-the-land-of-lincoln-with-aurora-mayor-and-pot-21574940"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to episode 149: revitalizing the “land of lincoln” with aurora mayor (and potential il governor) richard irvin on goodpods" style="width: 225px" /> </a>

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