Brian Basic is a seasoned investor with experience ranging from Condo Deconversions to Buy and Hold Rentals!
Brian starts by explaining the origins of his family’s REI business and the lessons learned from his wide range of investing experience. Next is a deep dive on the differences between being a landlord in the City of Chicago compared to the Suburbs. Brian discusses his geographical areas of expertise including West Lawn, Garfield Ridge, and other areas surrounding Midway airport! Throughout the show, Brian emphasizes the power of buy and hold real estate and encourages newbies to get started to begin leveraging the benefits!
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03:16 Housing Provider Tip: Ensure your leases are compliant with the latest laws this leasing season!
05:31 Intro to our guest, Brian Basik!
07:24 How did Brian and his family get started in REI?
13:28 Brian’s Lessons Learned!
19:34 What is Brian’s REI focus today?
22:01 Land-lording in the City vs Suburbs!
24:19 Positive momentum in West Lawn and surrounding neighborhoods!
34:30 How have Brian and his team set up property management?
38:22 Where does Brian want to be 10 years from now?
42:07 What is Brian’s competitive advantage?
42:28 One piece of advice for new investors.
43:07 What do you do for fun?
43:24 Good book, podcast, or self development activity that you would recommend?
44:05 Local Network Recommendation?
44:32 How can the listeners learn more about you and provide value to you?
Guest Name: Brian Basic
Guest Company: OAC Management
Guest Link: http://oacmgt.com/
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