Brian Basic is a seasoned investor with experience ranging from Condo Deconversions to Buy and Hold Rentals!

Brian starts by explaining the origins of his family's REI business and the lessons learned from his wide range of investing experience. Next is a deep dive on the differences between being a landlord in the City of Chicago compared to the Suburbs. Brian discusses his geographical areas of expertise including West Lawn, Garfield Ridge, and other areas surrounding Midway airport! Throughout the show, Brian emphasizes the power of buy and hold real estate and encourages newbies to get started to begin leveraging the benefits!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Brian Basic, OAC Management

Link: https://www.chicagobusiness.com/

Link: Attorney Recommendation

Sponsors: Midwest RE Networking Summit and Essex Realty Group

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Guest Questions

03:16 Housing Provider Tip: Ensure your leases are compliant with the latest laws this leasing season!

05:31 Intro to our guest, Brian Basik!

07:24 How did Brian and his family get started in REI?

13:28 Brian's Lessons Learned!

19:34 What is Brian's REI focus today?

22:01 Land-lording in the City vs Suburbs!

24:19 Positive momentum in West Lawn and surrounding neighborhoods!

34:30 How have Brian and his team set up property management?

38:22 Where does Brian want to be 10 years from now?

42:07 What is Brian's competitive advantage?

42:28 One piece of advice for new investors.

43:07 What do you do for fun?

43:24 Good book, podcast, or self development activity that you would recommend?

44:05 Local Network Recommendation?

44:32 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2023.

Episode 215: Scaling To A 430-Unit Rental Portfolio in Chicago's Midway Area with Brian Basic

Straight Up Chicago Investor

Episode 215: Scaling To A 430-Unit Rental Portfolio in Chicago's Midway Area with Brian Basic