David Shifrin, the doctor of Motor Row, returns with his real estate agent Rob Sikkel to discuss how he’s grown his portfolio with quality multifamily properties over the last 2 years!
David starts by explaining his investing strategy and how he’s acquired 5 multifamily buildings since his last appearance on SUCI! David and Rob dive into the details of how they built their buyer-agent relationship to propel their growth. The duo breaks down a homerun deal in Bucktown involving splitting a double lot and selling half of it! Golden nuggets are dropped on the West Town neighborhood and best “bang for your buck” renovation items.
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03:49 Housing Provider Tip - Ensure you’re prepared for freezing and thawing cycles during the spring season.
05:17 Intro to our guests, David Shifrin and Rob Sikkel.
08:04 David’s investing strategy!
09:45 Building a great buyer-agent relationship!
17:02 Double lot, homerun deal!
28:51 The property search process.
31:47 Breaking down West Town!
34:45 Insights on renovation!
37:30 Dealing with higher interest rates and tapping into equity.
40:44 Outlook on Chicago.
42:04 What is your competitive advantage?
42:58 One piece of advice for new investors.
44:34 What do you do for fun?
46:09 Good book, podcast, or self development activity that you would recommend?
47:02 Local Network Recommendation?
48:35 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: David Shifrin & Rob Sikkel
Guest Company: Elite Chicago Properties and At Properties
Guest Link: https://www.elitechicagoproperties.com/
Other Links for show notes:
SUCI Ep 48 - David Shifrin 1st Episode
Jodi Dougherty (Network Referral)
Show Sponsors:
Moovers Chicago
