We are thankful to have on a great guest, Anthony Long, who recently sold off his 150 unit portfolio on the North Side of Chicago. In this episode he explains how he recently acquired a property in Streeterville in CASH and explains what it takes to operate and liquidate a 150 unit real estate portfolio at the young age of 31.

Guest: Anthony Long

Topics:

4:24 - Selling Real Estate At 12x Earnings

5:33 - Management Headaches & Solutions

6:40 - Technology VS. Old School Management

7:18 - Handling Tenant Complaints

11:17 - Following Ambitions

12:23 - Overcoming Selling Fears

15:23 - Underwriting the Deal

17:25 - Reinvesting In Your Existing Portfolio

19:12 - How To Increase Rents The Correct Way

20:35 - Overcoming Negative Social Media Reviews

21: 55 - Keeping 100% Occupancy

24:03 - Creating A Management Company

27:06 - The Maintenance Staff/Units Magic Number

29:16 - Success In Real Estate

Exited to announce the opening of our new studio with special guest Bryan McMahon, owner of Rocket Plumbing. In this episode we go into the details of the technical side of plumbing. 

Guest: Bryan McMahon, owner of Rocket Plumbing 
www.rocketplumbingnow.com 
T: (773) 219-1200 

2:03 - 2:52 ( Length of Time for Obtaining Plumbing License ) 
2:55 - 4:23 ( Plumbing Politics & The Mob? ) 
4:47 - 7:17 ( Cast Iron VS. PVC ) 
7:25 - 8:11 ( PVC: Too Loud!) 
8:43 - 10:07 ( Building Your Book of Business ) 
10:07 - 10:52 ( Plumbing Unions VS. Being Solo ) 
11:18 - 12:00 ( Plumbing Travel License ) 
12:14 - 13:29 ( Chinese VS. American Cast Iron ) 
13:30 - 15:00 ( Red "M" VS. Blue "L" Copper ) 
15:05 - 15:29 ( Don't Always Trust Your Architect ) 
16:27 - 18:14 ( Are You Hiring The Right Plumber ) 
18:33 - 19:10 ( Aquastatic Testing ) 
19:17 - 21:31 ( Attention Rehabbers: Budget For New Water Service To The Street ) 
23:33 - 25:00 ( Chicago VS. Suburban Plumbing Codes ) 
25:00 - 27:48 ( Are Millennials Cut Out For Plumbing? ) 
28:50 - 30:00 ( Wrigleyville Plumbing Horror Stories ) 

In this episode we are excited to announce that we have on Matt Kozak, of Lima One Capital, on the show.  Listen as he dives deep into the world of investor loans and thoroughly explains what separates Lima One Capital from traditional lenders.

We'll learn a ton of information ranging from:

1) Lima One Capital - Iraq Combat Veteran Founders to Originating Billions  (5:17 - 7:05)
2) Hard Money Lenders VS. Traditional Banks  (7:18 - 8:56)
2) Speed Matters (8:56 - 10:08)
3) FHA VS. Hard Money (10:26 - 12:49)
4) Fix & Flip Loans (13:27 - 14:11)
5) Fix to Rent Loans (14:12 - 14:52)
6) Fix to Hold (14:54 - 15:25)
7) Rental 30 Program - Refi Cash-Out / Acquisition of Single Rental & Portfolio (14:54 - 15:25)
8) Rental 30 Premier (15:26 - 15:50)
9) New Construction - 100% Loans  (15:50 - 16:43)
10) Multifamily Lending (16:45 - 18:00)
11) Do Appraisals Kill Deals (26:30 - 27:41)
12) How to Get Started (35:28 - 39:02)
13) Construction Budgeting & Lien Waivers (39:14 - 42:52)
14) Real Estate Brokerage Can Also Broker Loans (43:58 - 46:29)

If you are going to be investing in real estate you do no want to miss out on this episode.

In this episode we are fortunate to have on my good friend and attorney, Eli Morgenstern, of PreroLaw, P.C.  Listen as he explains how the firm has been able to transact on over $1 Billion in real estate deals and what most attorneys are doing wrong.  

We also take a look at the realities of law school and how it differs from the real world.  For any buyer looking to acquire their next deal, or anyone looking to go to law school, this is an episode you won't want to miss!

In this episode we are excited to have on Ryan Cotter, market leader with Movement Mortgage. He is also the Chairman of The National Real Estate Boxing Association and The LA & Chicago Real Estate Rumble.   

In this episode we cover a lot of content for anyone looking to purchase real estate and take advantage of the best mortgage loan programs currently available. 

Below is just a brief description of the topics covered:

1) The 4,3,2,1 program to acquiring 30 units
2) FHA 3.5% loans explained
3) Conventional and Renovation loans explained
4) The loan qualification process
5)  A quick guide to finding out how much you can qualify for
6) Why you can afford a higher purchase price for a multifamily property than a single family home
7) Removing Private Mortgage Insurance (PMI)
8) Current interest rates
9) Does the Federal funds rate really determine your mortgage interest rates and should you wait to purchase until interest rates fall lower? Will they go higher?
10) Actual timeline for closing on your next property

If you are a seasoned investor, or just beginning, this is the most important podcast you will want to listen to in 2020.

In this episode we are fortunate to have on Rahman, of Rofiqur Rahman Plumbing.  He arrived to the United States with less than a dollar in his pocket, didn't speak the English language but was able to achieve wealth through real estate and obtained the coveted plumbing license which can take up to 5 years to achieve.

Listen as he shares information on how he was able to grow his real estate business and explains the importance of relationships.  He'll also explain how to obtain your plumbing license and the rigorous process behind getting certified. 

If you're about to rehab a property, you'll want to hear how he negotiates with contractors so that you don't get burned. Also, learn why thieves are always taking copper and how to protect it.

If Rahman's story can teach us anything it's that consistent hard work always pays off. If you really want anything bad enough in life you should wake up a little earlier, grind a little harder and stopping making excuses.

In this episode we are super thrilled to have on my great friend Elly Lefort, who trained and competed in two professional level bobsled teams in Monaco and France. He reached his highest performance and gained a wealth of skills to aid him in qualifying for the 2014 Sochi Winter Olympics. He is a five time champion at America's Cup and placed 17 out 70 competing countries as the youngest team on the track at the Olympic Games.

After the Olympics, Elly used his passion to help others unleash their incredible potential using skills learned in sports and applied into the real world. Elly became an independent wellness coach helping around 1000 people reach their fitness goals and created a team of 10 wellness coach trainees that he manages. He oversaw the physical preparation of the St. Nazaire Rugby Team. He is project team co-leader for the development and opening of a crossfit gym in St. Nazaire.

If you are looking on tips on how to compete at the highest levels of sport this is a Podcast you don't want to miss.  

This is by far the most special interview to date. Hear as I interview my dad, Juan Guillermo Gil, a retired international news correspondent as he provides a vivid story about his role in the media industry.   You'll learn about his experience immigrating to the United States from Medellin, Colombia at the early age of 18.  Listen as he shares how it was to work for one of the largest global advertising agencies in the world, Leo Burnett, and then deciding to start his own advertising firm where he helped provide a platform for Chicago's largest political campaigns while still in his twenties.  

We'll learn his transition from running the advertising agency to becoming an international news correspondent. From his interview of the Democratic presidential nominee Michael Dukakis, who ran against Republicans nominated Vice President George H. W. Bush, to his experience in Baghdad during the Gulf War, we'll hear first hand the sacrifices it took to accomplishing his dreams. 

If you are interested in advertising, media, or want to hear advice on what it really takes to be at the highest level of any industry this is a podcast you do not want to miss!

In this episode we are very fortunate to have on Vince Cordos, president of Cordos Development, a serial entrepreneur and an early investor in PharmaCann.  When MedMen Enterprises agreed to buy the Chicago-based company last year, the $682 million deal was one of the biggest in the history of the legal marijuana industry.

Tune is as he explains his involvement with the new medical cannabis farms he is currently building in Medellin, Colombia and how he is able to balance his other business ventures in real estate and cryptocurrency.  We will also hear some of his exciting projects he developed while working exclusively for the Pritzker's, one of the wealthiest families in the United States of America.  Currently, J. B. Pritzker is the Governor of the state of Illinois.

Learn as he provides practical advice for any entrepreneur looking to invest in the cannabis industry and solutions to challenges along the way.

In this episode strap on to your seats as we hear the amazing journey of Garrett Lynch, managing member of Nighthawk Equity. From sleeping on a couch & working at nightclubs to owning 3,400 apartment units in just three short years and triumphantly starting it all over, we hear his roller coaster story that is nothing short of a true, real life, masterpiece. 

Learn the turning points in his life that lead him into real estate.  Listen as he explains how he got bought out of his shares of the company and traveled to 17 countries and 33 cities including parts of Vietnam, Japan, New Zealand and North Korea before returning to the US to begin his next venture.  And, reflect on his key takeaways about choosing the right circle of friends and elevating your life by having a positive mindset.