Roger Luri has been building New Construction Multi-Family Properties in Chicago since the 90s!
Roger starts by discussing how he found a niche in New Construction and jumps into lessons learned throughout the years. Leaning on his decades of investing experience, he’s able to provide insight on red flags leading up to the last housing crash and discuss the emergence of north side neighborhoods like Uptown, Edgewater, and Buena Park. Roger breaks down how he identifies areas where new construction is profitable and summarizes the key players of your real estate investing team. Roger closes by pulling out the crystal ball and sharing a bullish outlook on Chicago!
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02:24 Housing Provider Tip: Leverage Google Earth as a due diligence tool when purchasing property!
04:19 Intro to our guest, Roger Luri!
07:41 Finding a niche in new construction!
11:28 What red flags did Roger notice leading up to the last housing crash?
14:39 Working with neighborhood groups when redeveloping property!
16:24 Seeing Development in Uptown, Edgewater, and other North Side Neighborhoods!
21:42 Determining locations where new construction is profitable.
25:46 Keys to building a solid real estate team!
32:00 Roger compares rehabs and new construction!
41:02 How to set up Joint Ventures?
43:25 Roger’s outlook on Chicago!
46:45 What is Roger’s competitive advantage?
47:44 One piece of advice for new investors.
48:31 What do you do for fun?
49:12 Good book, podcast, or self development activity that you would recommend?
50:17 Local Network Recommendation?
51:02 How can the listeners learn more about you and provide value to you?
Guest Name: Roger Luri
Guest Company: LD2 Development
Guest Link: https://ld2development.com/
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