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Episode 314: Due Diligence for Off-Market Properties Like You’ve Never Seen with Morgan Basham

Morgan Basham is a real estate broker and investor with vast experience in off-market prospecting, acquisitions, and stabilization of investment properties!

Morgan shares her start in real estate and the ins and outs of investing in Braidwood, IL! She breaks down her first deal in Chicago; an impressive story of tremendous due diligence as part of the acquisition of an auction property! Morgan, Mark, and Tom discuss the mindset required to take the leap of faith and dive into real estate full-time. Morgan closes with golden nuggets on frugality hacks to save for your next investment and improve finances in general!

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01:59 Housing Provider Tip - Take final walkthroughs seriously and know what to look for.

03:53 Intro to our guest, Morgan Basham!

10:48 Morgan’s start in real estate!

13:31 Insights on Braidwood, IL.

17:55 Morgan’s first deal/auction story in Chicago!

28:00 Mindset for quitting the W2 and pursuing an entrepreneurial route!

31:31 What’s next in Morgan’s investing journey?

33:05 Hacks to be frugal and save money.

35:15 Outlook on Chicago.

37:14 What is your competitive advantage?

38:26 One piece of advice for new investors.

39:00 What do you do for fun?

39:17 Good book, podcast, or self development activity that you would recommend? 

40:11 Local Network Recommendation? 

40:27 How can the listeners learn more about you and provide value to you?

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest Name: Morgan Basham

Guest Company: Kale Realty

Guest Link: https://www.kalerealty.com/about/agents/morgan-basham/

Other Links for show notes:

Morgan's Instagram

SUCI Ep 188 - Forewarn

Zach Karp (Lender Referral)

The Four Agreements (Book Recommendation)

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