Episode 87: Straight Up Tuesday Tip 11 - Eric Workman Answers "What steps can I take to maximize my appraisal?"

09/07/21 • 18 min

Straight Up Chicago Investor

What steps can I take to maximize my appraisal?

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Eric Workman of Renovo Financial

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Production House: Flint Stone Media

What steps can I take to maximize my appraisal?

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Eric Workman of Renovo Financial

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Production House: Flint Stone Media

Previous Episode

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: [email protected]

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

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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/.

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Production House: Flint Stone Media

Next Episode

Episode 88: You Can’t Get Any More Chicago Than This - First-Generation American Sal Becovic and his 2,000 Rogers Park Units

Like many families in Chicago, Sal’s family came from the old world and settled in a turbulent part of the city at a turbulent time. As he’s now standing on the shoulders of what his parents initially organized, he’s building it farther than ever expected. Sal’s story is amazing, his advice is timely, and his passion is contagious. Listen to today’s episode with Sal Becovic.

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: [email protected]

Guest: Sal Becovic of Becovic

Link: The Economist - World News, Politics, Economics, Business & Finance

Link: Neighborhood Building Owner's Alliance – A Voice for Chicago's Building Owner's

Sponsor: Pentwater Cabinetry Sponsor: Essex Realty

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Guest Questions

How are you still finding deals? 7:30

What are the changes you’ve seen in Edgewater, Uptown and Rogers Park? 13:15

Pain Points? 23:00

Concerning headwinds? 33:30