Episode 218: Sharing a Decade of Experience in Chicago Real Estate - Insights on Architecture, Renovation, and Investment Potential with Michaela Gordon

Michaela Gordon is a seasoned Realtor and Designer with over 10 years of experience acquiring and renovating properties in Chicago! Michaela kicks things off by talking about her background in architecture and design. She explains the significance of the different Chicago lot sizes and their impact on a building's footprints and redevelopment potential. Michaela also compares Chicago architecture to Los Angeles' architecture. She drops golden insight on modernizing units on a budget and also lays out improvements that are NOT worth the ROI. Michaela closes with powerful words on the value that investment-minded realtors offer and gives her outlook on the Real Estate market! 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: Michaela Gordon, MG Home Chicago Link: MG Homes Instagram Link: Brandon Hood Instagram (Network Referral) Link: Per My Last Email (Michaela's Podcast) Sponsors: Cost Seg Kev and Essex Realty Group ----------------- Guest Questions 02:49  Housing Provider Tip: Understand Source of Income and other protected classes when screening tenants! 04:54 Intro to our guest, Michaela Gordon! 07:38 Michaela's real estate origin story! 11:32 Chicago Lot Sizes and their importance. 17:52 Modernizing units on a budget. 28:06 Property Improvements that are NOT worth it! 30:29 How can real estate brokers be more investment-minded? 35:32 Michaela's outlook on the real estate market! 40:20 What is Michaela's competitive advantage? 41:08 One piece of advice for new investors. 41:17 What do you do for fun? 41:57 Good book, podcast, or self-development activity that you would recommend? 43:20 Local Network Recommendation? 44:04 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.