Feb 6, 2025
Mike Bednarz, an accomplished real estate investor and HVAC business owner, joins us to share his inspiring trajectory of growing a real estate portfolio and overcoming a scary accident!
Mike explains how he lived frugally to save a down payment and buy his first multifamily investment property in Edison Park. He discusses the discipline he used to acquire his second property and how he found a niche in mixed-use properties with leasing up local retail spaces. Mike shares a life changing incident where he fell off a ladder while working for his HVAC company that resulted in life threatening injuries. He breaks down his recovery despite doctors doubting that it was possible and bouncing back stronger than ever. This is the definition of an inspirational conversation around discipline and grit that you will not want to miss!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
=============
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest: Mike Bednarz, Housing Opportunity Development Corporation (HODC)
Link: Eat That Frog (Book Recommendation)
Link: How Not To Die
Guest Questions
05:09 Housing Provider Tip - Understand the Illinois Landlord Retaliation Act!
06:51 Intro to our guest, Mike Bednarz!
15:40 Jumping into a 6-unit after a house hack!
21:32 Finding a niche in mixed-use buildings.
23:36 Mike’s scary accident.
31:58 Mike’s history of discipline.
35:47 What’s next for Mike and the meaning of purpose!
43:35 What is your competitive advantage?
44:57 One piece of advice for new investors.
45:37 What do you do for fun?
46:20 Good book, podcast, or self development activity that you would recommend?
47:42 Local Network Recommendation?
48:46 How can the listeners learn more about you and provide value to you?
-----------------
Production House: Flint Stone Media
Copyright of Straight Up Chicago Investor 2025.