In this episode of RealTea Chicago, Jamie and Terrence interview Mark Ainley and Tom Shallcross of The Straight Up Chicago Investor podcast. They discuss a variety of intriguing and ridiculous stories related to Chicago real estate, flipping properties, and property management. From sharing details about break-ins and evictions to recounting wild tenant stories, the conversation dives into the ups and downs of real estate investing.
Learn more about the guests, Mark Ainley and Tom Shallcross – Straight Up Chicago Investor
Find them on Social: @markainleyrei@tshallcross723
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00:00 Mysterious Night Intruders
00:29 Welcome to Realty Chicago Podcast
00:53 Meet the Guests: Mark Ainley and Tom Shellcross
03:07 Two Truths and a Lie Game
05:10 Dead Guy in a Vacant House
05:20 Barbed Wire and UPS Guy Stories
18:05 Flipping Houses: The Challenges and Rewards
31:09 Winning Offers with Personal Touch
31:44 The Power of Vintage and Historic Buildings
31:51 Mark’s start with the BRRRR Strategy
32:06 Transition to Turnkey Properties
34:06 Challenges with Professional Tenants and Squatters
35:19 Tenant Scams and Identity Fraud
40:50 Dealing with Tenant Deaths and Evictions
55:43 Fun and Hobbies Outside Real Estate
01:01:32 Final Thoughts and Episode Wrap-Up
Thank you so much for listening! Please don't forget to like, subscribe, and share this episode with anyone you know that will enjoy it.
Music by @Desert_Disco_Music
Art by Chelsea Leasure
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Email us with questions, requests, or stories - realteachicago@gmail.com
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