Erik Swanson, owner of Fernweh Property Group, explains how he’s developed a track record with investors that has allowed him to build a Tap Room business and an impressive real estate portfolio!
Erik starts with very cool stories about his days in the music industry including working alongside some legendary bands! He dives into his first couple real estate deals including a FHA 203k loan and an intense story about a drive-by shooting at one of his properties! Erik discusses how he raised money to start an innovative, self-pour Tap Room business and emphasizes the importance of building a track record to raise money. He shares keys to growth in real estate and explains how he runs his businesses all while traveling across the world on a regular basis!
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04:24 Intro to our guest, Erik Swanson!
09:58 Transitioning from the music industry to real estate!
15:28 Drive-by shooting at Erik’s 5-unit building.
18:16 Lessons learned from rehab projects.
20:35 Starting a self pour tap room during COVID!
30:11 Erik’s keys to explosive growth in real estate.
37:36 Reputation building to raise money.
41:57 What’s next for Erik?!
49:12 What is your competitive advantage?
49:50 One piece of advice for new investors.
50:36 What do you do for fun?
50:50 Good book, podcast, or self development activity that you would recommend?
51:33 Local Network Recommendation?
52:23 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: Erik Swanson
Guest Company: Fernweh Property Group
Guest Link: https://fernwehpg.com/
Other Links for show notes:
Eric Workman (Network Referral)
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