Aram Ghazaryan returns to explain how he transitioned from a successful RE broker to a flipper executing over ten profitable flips per year.

Aram starts by discussing his first multifamily investment which was a 7-unit building. He explains his decision to stop being an agent and jump into flipping properties full time. Aram shares tremendous lessons learned from flipping and has great insights on construction and financing. He breaks down his marketing strategy for deal flow to keep the flip projects coming along. Throughout the show, Aram demonstrates that taking action and surrounding yourself with a good construction and financing is the key to success in the flipping game!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Aram Ghazaryan, AMG Realty | Follow Aram on Instagram (@AramGRealty)

Link: How to Win Friends and Influence People (Book Recommendation)

Link: The Book on Tax Strategies for Savvy Real Estate Investor

Link: Rudy Minasian (Attorney Referral)

Guest Questions

02:11 Housing Provider Tip - Be aware of landlord-tenant requirements around electric vehicle charging stations.

04:37 Intro to our guest, Aram Ghazaryan!

08:37 Purchasing a 7-unit building for the first time!

12:48 Stopping real estate brokerage to be a full time investor.

27:24 Finding contractors and lessons learned from flips!

30:12 Aram’s mailing campaign strategy!

36:19 Getting caught working without permits.

46:30 Liquidity requirements for flippers.

48:05 Aram’s geographical areas of interest moving forward.

49:47 What is your competitive advantage?

50:07 One piece of advice for new investors.

50:26 What do you do for fun?

51:34 Good book, podcast, or self development activity that you would recommend?

52:16 Local Network Recommendation?

52:43 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2024.

What can you cancel a contract for after all contingencies have passed?

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If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Chance Badertscher of Lavelle Law

Link: Build Your Team | Straight Up Chicago Investor Podcast

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2024.

Zack Limbaugh of the Limbaugh Law Firm provides his clients with legal representation and strategy to remedy Building Code Violations and other matters associated with Chicago Buildings!

Zack starts by explaining how he got his foot in the door with the City of Chicago before becoming an attorney and leveraged those relationships to build a niche in legally handling Building Code Violations! Zack talks about top considerations when seeking financing on violation properties. He then breaks down dealing with stop work orders and demo court properties. In this show, Zack provides tremendous insights on how to search for and understand violations to give you an edge over your competition!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

=============

Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Zack Limbaugh, The Limbaugh Law Firm

Link: A People's History of the United States (Book Recommendation)

Link: SUCI Ep 79 - Gary Davidson (Castle Law)

Guest Questions

02:04 Housing Provider Tip - Write down and stick to your tenant screening criteria!

04:05 Intro to our guest, Zack Limbaugh!

10:20 Starting off as an Attorney specializing in Chicago Building Violations!

16:53 Discovering and assessing Building Code Violations.

30:25 How to find out if violations are active.

32:26 Getting financing on properties with violations.

39:17 Dealing with Stop Work Orders!

46:37 Demo Court properties.

51:41 What is your competitive advantage?

51:52 One piece of advice for new investors.

52:16 What do you do for fun?

52:37 Good book, podcast, or self development activity that you would recommend?

53:03 Local Network Recommendation?

53:21 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2024.