Aug 6, 2020
After selling a successful logistics company, and actively investing in real estate, Jake Fugman has carved a niche as a high-performing investor-friendly agent. In this episode, Jake provides a ton of market knowledge and deep insights into many desirable and upcoming Chicago neighborhoods, including Hermosa, Belmont Gardens, Portage Park, Marshall Square, Pilsen, Little Village, along with several southern suburbs where his investors find success.
Jake walks through the pros/cons of house-hacking in each area and also provides valuable NUGGETS in regards to underwriting and expectations. If you are looking to house-hack, invest in small-multis in the city, or SFH in the South Suburbs, this episode will not disappoint.
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Guest: Jake Fugman from On West Properties
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Landlord tip of the week 3:00
Guest Questions
Guest Intro. 6:40
Give us an example of a typical entry level buyer profile. 9:55
If someone has 50K, where would you direct them? 11:35
What are some expectations you help establish with clients on house hacking? 13:20
What are some neighborhoods you really like? 15:30
Are you seeing opportunities in the south suburbs? 24:10
What do investors need to look for in a realtor? 31:28
Can you dive into Marshall Square? 35:25
Wrap Up Questions
What is your competitive advantage? 38:00
What is one piece of advice you’d give a new investor? 40:55
What do you do for fun? 42:17
What is a good self development tool you’ve been using? 42:57
Can you name one person in your local network you’d recommend? 44:04
How can we learn more about you? 45:00
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Production House: Flint Stone Media
Copyright of Straight Up Chicago Investor 2020.