Episode 160: Comparing Chicago To Several Midwest Markets with Brian Kochendorfer

EPISODE · Aug 18, 2022 · 50 MIN

Episode 160: Comparing Chicago To Several Midwest Markets with Brian Kochendorfer

from Straight Up Chicago Investor · host Mark Ainley and Tom Shallcross

Brian Kochendorfer returns to the show after 2 years! This time around Brian provides an objective analysis on how his investment properties in Indiana and Ohio compared to his Chicago portfolio.  Brian kicks things off by sharing his investment parameters and how he ended up pursuing opportunities in Ohio and Indiana in addition to Chicago. He dives deep into the nuances of acquiring, repositioning, and managing assets in those other markets. Brian speaks to differences in tenant expectations, rent growth, taxes, and cap rates in NW Indiana, Indianapolis, and Cincinnati compared to Chicago! This show is filled with great insight on the current state of the market, identifying opportunities given buyer/seller sentiment, and why Chicago is a great place to invest in even with all the headwinds! 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: [email protected] Guest: Brian Kochendorfer, Essex Realty Group Link: Arc Equity Group Link: SUCI Episode 14 - Brian Kochendorfer (1st Episode) Link: SUCI Episode 151 - Fritz Kaegi Link: Kevin Claffy (Network Recommendation) Sponsors: State Farm and Essex Realty Group ----------------- Guest Questions 03:15 House Provider Tip: Add lighting to your properties for added, cost-effective security! 04:55 Intro to our guest, Brian Kochendorfer! 06:41 How did Brian make the jump from being a broker to investing? 07:28 What were the parameters in Brian's investment property search when he started off? 10:11 Brian talks about key differences between Chicago and the other markets he's invested in (i.e. NW Indiana, Indianapolis, Cincinnati). 16:33 Are the higher returns worth it given the headwinds in Chicago? 18:07 How does the building stock differ between Chicago and the other markets Brian has invested in? 21:28 What would Brian have done differently on his Cincinnati project? 22:11 How do the landlord-tenant laws in those other markets compare to Chicago? 28:30 Brian compares expectations in Chicago vs NW Indiana and Cincinnati. 32:10 What is Brian's macro-level outlook on Chicago? 34:14 How is Brian approaching acquisitions given the market conditions? 37:15 Brian shares the sentiment he's seeing from buyers and sellers today and the opportunities that could bring. Wrap Up Questions 44:47 What is Brian's competitive advantage?  45:25 One piece of advice for new investors. 45:53 What do you do for fun? 46:43 Good book, podcast, or self-development activity that you would recommend?  47:08 Local Network Recommendation? 48:05 How can the listeners learn more about you and provide value to you? That's our show! Thanks for listening! ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

NOW PLAYING

Episode 160: Comparing Chicago To Several Midwest Markets with Brian Kochendorfer

0:00 50:37

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

The Data Engineering Show The Firebolt Data Bros The Data Engineering Show is a podcast for data engineering and BI practitioners to go beyond theory. Learn from the biggest influencers in tech about their practical day-to-day data challenges and solutions in a casual and fun setting.SEASON 1 DATA BROSEldad and Boaz Farkash shared the same stuffed toys growing up as well as a big passion for data. After founding Sisense and building it to become a high-growth analytics unicorn, they moved on to their next venture, Firebolt, a leading high-performance cloud data warehouse.SEASON 2 DATA BROSIn season 2 Eldad adopted a brilliant new little brother, and with their shared love for query processing, the connection was immediate. After excelling in his MS, Computer Science degree, Benjamin Wagner joined Firebolt to lead its query processing team and is a rising star in the data space. For inquiries contact [email protected]: https://www.firebolt.io Rise Up Mentor Derek Kempker Welcome to Rise Up Mentor (formerly, Summits of Life), a platform that advocates for lifelong learning and constant improvement in every aspect of life. As someone who’s experienced both the valleys and peaks of life, I understand that while we cannot control all the obstacles that come our way, we do have the power to choose whether we get back up or not. And each time we choose to rise again, we become stronger.But why settle for just getting back up? By consistently striving to become better and wiser, we can reduce our chances of being knocked down in the first place. That’s why I started Rise Up Mentor – to encourage and motivate you to continuously improve in all areas of life, including vocation, marriage, friendship, personal development, health, parenting, lifestyle, spirituality, intellect, and finance.Although I am a Certified Master Life Coach, I don’t consider myself an expert or master, because I don’t feel there is such a thing as mastering life, but it is possible to Copy That Converts - Entrepreneurs, Copywriting, Launch, Email Marketing, Conversion Megan Wisdom | Copywriter, Email Metrics Mentor, Marketing Strategist Are you a female entrepreneur with an online business who’s struggling to grow and nurture your audience? Do you feel like you’re not making enough sales, despite your best efforts? Do you feel confused by all the marketing jargon and just wish you had a bossy business big sister to shoot it to you straight?Hey, friend. I know you didn’t get into business to get bogged down by writing, but let’s face it, the internet is still powered by WORDS. The good news? You can harness the power of those words to connect with your ideal clients and make more sales through the magic of copywriting.In each episode, we’ll dive deep into the world of copywriting and marketing, sharing insights and strategies that will help you craft compelling messages that resonate with your audience. From understanding your ideal customer to mastering the art of storytelling, we’ll cover it all.I’m Megan Wisdom, a firstborn, Enneagram 5 copywriter who loves to help other female entrepreneurs reach their business Highway 62 Danny Thompson Highway 62, from Morongo Valley, up through Yucca Valley, Joshua Tree and finally Twenty Nine Palms, is home to an eclectic mix of businesses, people and stories. This weekly podcast hosted by Face to Face drummer and resident of Twenty Nine palms, Danny Thompson, brings you their stores and highlights what this famous stretch of desert road has to offer.
URL copied to clipboard!