Episode 377: This is How Grit Can Take You Further in Chicago Real Estate with Daniel Baker
Release Date: 05/29/2025
Straight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= Micah White is a real estate coach with a proven track record of finding cash flowing real estate with great ROI! Micah starts by explaining the ins and outs of his first couple house hacks in Logan Square and North Lawndale. He provides great pointers on proper due diligence to...
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= Paul de Luca of The Axon Group joins us to provide great insights on leveraging house hacking to grow a portfolio and how to succeed as an investor-friendly real estate agent! Paul jumps right into the nitty gritty of his first couple house hack deals! He gives tips on getting off...
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= What are the "do's" and "don'ts" when filing an insurance claim? ============= Connect with Mark and Tom: Email the Show: Guest: Josh Steigelmann, Link: ----------------- Production House: Copyright of Straight Up Chicago Investor 2025.
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= Fernando Angelucci returns to the podcast to explain how he has rapidly grown his self storage business and the drivers behind increasing self storage demand! Fernando explains his marketing strategy to optimize deal flow despite the low inventory environment. He delves deep into...
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= Max Motew, Director of Leasing at Mo2 Properties, joins us to share great insights on acquiring, renovating, and stabilizing small multifamily properties in Chicago’s north side! Max jumps right in by sharing top considerations when renovating Chicago landmarked properties! He...
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= What do investors need to consider from a legal perspective when setting up new partnerships? ============= Connect with Mark and Tom: Email the Show: Guest: Bibek Das, ----------------- Production House: Copyright of Straight Up Chicago Investor 2025.
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= DuBois Toy is a seasoned real estate investor, veteran, and cybersecurity analyst who has a passion for helping veterans maximize their real estate benefits! DuBois kicks things off by discussing his start in real estate which involved a house hack and dealing with an eviction! He...
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= Kevin Cawley, aka Cost Seg Kev, is a Senior Account Executive at CSSI Services - a firm with over 55,000 cost segregation studies completed since 2003. Cost Seg Kev starts by reviewing the 101 on cost segregation and how it can be used to offset your tax liability. He dives into...
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= Josh Steigelmann explains the importance of a business continuation plan and provides step-by-step guidance on how investors can set-up a business continuation plan ============= Connect with Mark and Tom: Email the Show: Guest: Josh Steigelmann, Link: ----------------- ...
info_outlineStraight Up Chicago Investor
Properties for Sale on the North Side? We want to buy them. Email: Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: ============= Mitch Schoeneman is a Managing Partner at A. Schoeneman & Co. - a top rated Chicago public insurance adjusting firm that has been serving customers for over 55 years! Mitch starts by explaining the services rendered by insurance adjusters. He breaks down how investors can set...
info_outlineProperties for Sale on the North Side? We want to buy them. Email: [email protected]
Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement
Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com
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Daniel Baker, owner of Teton Properties, explains how he’s built a portfolio with strategic house hacks and value-add renovations.
Daniel discusses his move from Memphis to Chicago to get started in real estate. He shares some hilarious stories on househack value-add projects and getting extremely gritty to get projects to the finish line. He then breaks down a deal that closed right at the onset of COVID in 2020. Throughout this episode, Daniel gives numerous examples of how getting scrappy and persevering can be a competitive advantage that pays huge dividends.
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Daniel Baker, Teton Properties
Link: How to Win Friends and Influence People (Book Recommendation)
Link: Snowball (Book Recommendation)
Link: Jen Fritzshall (Attorney Referral)
Link: SUCI Ep 22 - Matt Fritzshall
Guest Questions
02:08 Housing Provider Tip - Consider making professional carpet cleaning a move-out requirement for tenants!
04:23 Intro to our guest, Daniel Baker!
07:35 Getting started in real estate with Marcus & Millichap.
18:46 Purchasing a Lincoln Square 4-Flat after a few house hacks!
26:48 Daniel’s top lessons learned after his first few projects!
29:41 Jumping into a deal with COVID looming.
39:33 Closing a deal while getting laid off!
44:40 What’s next for Daniel?
47:48 Daniel’s outlook on Chicago!
50:43 What is your competitive advantage?
51:11 One piece of advice for new investors.
51:30 What do you do for fun?
51:51 Good book, podcast, or self development activity that you would recommend?
52:22 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
Copyright of Straight Up Chicago Investor 2025.