Mar 7, 2024
Brendon starts by sharing his buy box and how he was ready to pounce when he found the right property. Brendon and Sarita share great insights on how to jump at opportunities when the competition is fearful. Brendon explains worrisome moments and lessons learned during the purchase of his househack both before and after closing. Brendon breaks down the new 5% down lending product that everyone is talking about but few investors have actually utilized. This show is full of great tips for aspiring househackers and seasoned investors alike!
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guests:
Brendon Heneks & Sarita
Scherpereel, Fairway Independent Mortgage
Link: SUCI Ep 238 - Mike Facchini
Link: SUCI Ep 247 - Sarita Scherpereel
Link: Millionaire Next Door (Book Recommendation)
Link: Ken (Inspector Referral)
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Guest Questions
03:20 Housing Provider Tip - Consider upgrading landscaping during the spring season.
04:36 Intro to our guests, Brendon Heneks and Sarita Scherpereel!
09:12 Brendon’s househack search!
11:08 What to know about gift funds.
14:15 Brendon’s buy box!
19:50 Opportunities in higher market time properties.
25:50 Mindset of buying in a higher interest market.
31:04 Worrisome moments while under contract!
39:36 Brendon’s lessons learned after his first multi-unit purchase.
40:44 Outlook on Chicago.
45:11 What is your competitive advantage?
46:16 One piece of advice for new investors.
46:54 What do you do for fun?
47:13 Good book, podcast, or self development activity that you would recommend?
48:10 Local Network Recommendation?
49:10 How can the listeners learn more about you and provide value to you?
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Production House: Flint Stone Media
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