CW 485: Real Estate Investing in Chicago Illinois with Local Market Specialist John and Jason Hartman
Description
In Jason’s Creating Wealth introduction, he answers a listener question as well as shares an important tip to listeners who are currently experiencing vacancy issues or property manager issues. On the show itself, Jason invites local Chicago market specialist John to the show. John addresses Chicago’s crime rate issue, landlord unfriendliness, and his company’s screening process for tenants, plus a lot more on today’s episode.
Key Takeaways:
2:00 – Jason’s new Longevity and Bio-hacking show is doing great on iTunes.
4:40 – Jason plays a listener question on the show and he answers his questions.
11:10 – You can own a much larger portfolio when you use leverage right versus the free and clear way.
15:20 – Jason shares an important real estate tip for those who are having vacancy issues.
18:30 – Jason introduces John.
25:30 – Crime in Chicago suburbs consists of petty thief and vandalism.
30:50 – John’s company will redevelop a distressed house and bring it up to current construction code.
34:50 – John looks for A residences and address the topic of Chicago state being more tenant friendly.
38:10 – Out of 1,600 homes that John’s company manages, less than 2% of those go through the eviction process.
42:50 – John breaks down some of the specials and offers his company gives to their clients.
Tweetables:
“Leverage is a very good thing when used properly.”
Mentioned In This Episode:
JasonHartman.com
United States
