Igor Mike Kajpust, president of Evolved Property Group, shares his REI journey which started at 17 years of age and spans across multiple states!
Igor breaks down his first few deals which includes an $800 land deal in Colorado and a distressed single family home in Indiana! He shares countless stories on auction properties, cold calling, and learning the process of wholesaling to create deal flow. Igor explains mistakes made on buying deals with quit claim deeds and due diligence. He gets granular on how he gained lead generation momentum through PPC, SEO, and various other real estate marketing strategies which propelled his business. Through the show, Igor shares entertaining stories that exemplify how taking massive action is the key to success in REI!
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01:35 Housing Provider Tip - Account for expenses related to lead plumbing lines when purchasing older buildings.
02:57 Intro to our guest, Igor Mike Kajpust!
04:52 Getting scrappy to find the first few deals.
19:00 Learning the process of wholesaling.
26:48 Transitioning to flipping properties.
35:01 Improving business processes and efficiency.
37:03 Building a rental portfolio in Chicago.
40:21 Distressed property horror stories!
47:45 Jumping into private lending in Chicago.
51:37 How to navigate the auction process.
57:57 What is your competitive advantage?
58:25 One piece of advice for new investors.
59:24 What do you do for fun?
59:57 Good book, podcast, or self development activity that you would recommend?
60:35 Local Network Recommendation?
61:00 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Igor Mike Kajpust
Guest Company: Evolved Property Group
Guest Link: https://www.linkedin.com/in/igor-mike-kajpust-785231108
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