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Episode 405: $1 Billion in Real Estate Sales with Chicago Podcaster Joe Smazal

Straight Up Chicago Investor

Release Date: 10/09/2025

Episode 430: From Flipping Neighborhood Warehouses to Multifamily Rentals: Rapid REI Growth with Reed Meyer show art Episode 430: From Flipping Neighborhood Warehouses to Multifamily Rentals: Rapid REI Growth with Reed Meyer

Straight Up Chicago Investor

Reed Meyer, founder and managing broker at Lease312, shares top tier leasing advice and how connecting with mentors has propelled his real estate journey’s growth at such a young age! Reed starts off by detailing the process of acquiring his first property; a 3-unit house hack in Logan Square. He talks about purchasing an industrial warehouse and flipping it for double the price in just 45 days! Reed shares golden insights on apartment listing marketing, leasing, and tenant expectations in prime North Side neighborhoods. To conclude, Reed gives a 5 year outlook on his business goals and...

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Episode 429: Opportunity Zones & Tax Credits For Chicago Investors with Darryl Jacobs show art Episode 429: Opportunity Zones & Tax Credits For Chicago Investors with Darryl Jacobs

Straight Up Chicago Investor

Darryl Jacobs, partner at Ginsberg Jacobs, has over 3 decades of experience in tax and corporate law with a focus on tax credit financing transactions. Darryl starts off with a high-level overview of the various tax credits available to investors. He dives deep on opportunity zones and how geographical areas get designated as opportunity zones. Darryl explains how investors can leverage New Markets Tax Credits. Throughout the show, Darryl demonstrates his deep knowledge in Tax Credits and conveys how it can be a super powerful tool for investors who know how to leverage it! If you enjoy...

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Episode 428: Updates To The 2026 Lease and Other Recent Legal Changes With Mark Ainley show art Episode 428: Updates To The 2026 Lease and Other Recent Legal Changes With Mark Ainley

Straight Up Chicago Investor

What are recent legal updates to the 2026 lease and new squatter laws? ============= Connect with Mark and Tom: Guest: Mark Ainley, and Email the Show: 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: ----------------- Production House:  Copyright of Straight Up Chicago Investor 2026.

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Episode 427: 2026 Chicago Real Estate Forecast: Trends, Risks, and Opportunities with Jake Fugman and Mike Scanlon show art Episode 427: 2026 Chicago Real Estate Forecast: Trends, Risks, and Opportunities with Jake Fugman and Mike Scanlon

Straight Up Chicago Investor

Jake Fugman and Mike Scanlon of The Axon Group return to forecast Chicago’s Real Estate Market in 2026! Jake and Mike kick things off by reflecting on their 2025 predictions including office space leasing trends, downtown sales stats, and impacts of the Northwest Side Preservation Ordinance. The duo then make their 2026 predictions with topics ranging from ADU Zone expansion to creative mortgage solutions to help with affordability. Jake and Mike close out with an outlook on interest rates and the future of real estate based on recent brand mergers! If you enjoy today’s episode, please...

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Episode 426: Reshaping Suburban Woodstock with Jessica Erickson show art Episode 426: Reshaping Suburban Woodstock with Jessica Erickson

Straight Up Chicago Investor

Jessica Erickson, Director of Economic Development for the City of Woodstock, joins us to discuss development news and opportunities in Woodstock, IL! Jessica starts with her backstory on moving from Denver to Chicagoland and ultimately taking a role in Economic Development for the City of Woodstock. She breaks down Woodstock’s downtown redevelopment plan and also speaks to city corridors with development opportunities.  Jessica explains “infill” sites, metrics for successful developments, and strategic planning of developments to allow for future adaptive reuse. Throughout the...

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Episode 425: Benjamin Stef - Unlock Equity in Your Investment Property with Little Known HELOC Options show art Episode 425: Benjamin Stef - Unlock Equity in Your Investment Property with Little Known HELOC Options

Straight Up Chicago Investor

Do you need a HELOC on your investment property? ============= Connect with Mark and Tom: Guest: Benjamin Stef, Email the Show: 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: ----------------- Production House:  Copyright of Straight Up Chicago Investor 2026.

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Episode 424: Chicago Foreclosure Market with Top REO Agent Ryan Smith show art Episode 424: Chicago Foreclosure Market with Top REO Agent Ryan Smith

Straight Up Chicago Investor

Ryan Smith, top producing agent specializing in REO properties, returns to provide an update on the state of the Chicagoland foreclosure market heading into 2026! Ryan starts with an overview on the foreclosure process and expectations when getting into a foreclosure transaction as a buyer. He provides tips on positioning yourself as a legit, experienced buyer in the eyes of REO listing agents. Ryan gets granular on latest foreclosure statistics and provides his outlook on the REO market heading into 2026. He closes with his take on Chicago’s crime problem and the neighborhoods that he is...

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Episode 423: Fire, Squatters, and Drugs! When Your $100k Chicago Investment Goes To Zero with Jonathan Klemm show art Episode 423: Fire, Squatters, and Drugs! When Your $100k Chicago Investment Goes To Zero with Jonathan Klemm

Straight Up Chicago Investor

Jonathan Klemm of Quality Builders returns to discuss refinements in his General Contracting business and investment strategy since his last appearance! Jonathan starts by explaining partnership pitfalls to avoid based on recent changes within his business. He gets vulnerable by discussing a multifamily investment on Chicago’s southside that involved various evictions and a $400,000 fire caused by a problem tenant! Jonathan shares tips on the mindset required to weather business storms and turns to more positive news by discussing some large renovation projects that his company is working...

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Episode 422: Mark Ainley Shares Why He's Excited for Chicago's 2026 Market show art Episode 422: Mark Ainley Shares Why He's Excited for Chicago's 2026 Market

Straight Up Chicago Investor

Is now a good time for me to purchase in Chicago? ============= Connect with Mark and Tom: Guest: Mark Ainley, Email the Show: 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: ----------------- Production House:  Copyright of Straight Up Chicago Investor 2025.

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Episode 421: Alec Greenberg Scales to Chicago Multifamily from Day 1 show art Episode 421: Alec Greenberg Scales to Chicago Multifamily from Day 1

Straight Up Chicago Investor

Alec Greenberg is the Principal of Base 3 Development and has vast experience developing and stabilizing multifamily assets! Alec explains how he transitioned from the corporate real estate world to a more entrepreneurial position at Base 3 Development. He describes how he “stretched” out of his comfort zone by jumping into a 6-unit gut rehab project off the bat and shares lessons learned! Alec shares insights on large residential development projects including zoning, underwriting, and leasing considerations. He closes with tips on leveraging VAs and off-shore staffing solutions for...

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More Episodes

Joe Smazal, Senior Managing Partner of Interra Realty, has over a decade of experience selling mid-market apartment buildings and recently surpassed $1 Billion in transaction volume!

Joe kicks things off by sharing the genesis and overview of his “Real Estate Chicago Style Podcast”! He reflects on his career’s progression and highlights that have led him to crossing the $1 billion mark in total transaction volume. Joe dives deep on the market trends for Chicago’s North Side including prime neighborhoods like Lincoln Park and Lakeview. Joe closes with takeaways from some recent personal transactions and provides an optimistic outlook on the Chicago Real Estate market!

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: StraightUpChicagoInvestor@gmail.com

Properties for Sale on the North Side?  We want to buy them. Email: StraightUpChicagoInvestor@gmail.com

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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Guest: Joe Smazal, Interra Realty

Link: Joe Smazal - Interra Realty LLC | LinkedIn

Link: Real Estate Chicago Style Podcast

Link: SUCI Ep 156 - Joe Smazal

Link: SUCI Ep 368 - Joe Smazal (NSBC Live Event)

Link: Mark Wilczak (Inspector Referral)

Link: Scott Weinstein (Field and Goldberg)

Guest Questions

02:38 Housing Provider Tip - Understand rules and regulations around security deposits!

05:00 Intro to our guest, Joe Smazal!

07:10 Joe’s Real Estate Chicago Style Podcast!

15:25 Joe’s path to $1 Billion of Commercial RE sales.

23:11 Chicago market trends in 2025.

31:27 Navigating the Predominance of the Block (606) Ordinance.

49:50 Joe’s 5-year plan.

54:57 The outlook on Chicago!

58:29 What is your competitive advantage?

58:53 One piece of advice for new investors.

59:19 What do you do for fun?

59:51 Good book, podcast, or self development activity that you would recommend? 

60:55 Local Network Recommendation? 

62:09 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.