Episode 214: Real Estate Post-Recession - Building Up From the Ground with Roger Luri

Roger starts by discussing how he found a niche in New Construction and jumps into lessons learned throughout the years. Leaning on his decades of investing experience, he's able to provide insight on red flags leading up to the last housing crash and discuss the emergence of north side neighborhoods like Uptown, Edgewater, and Buena Park. Roger breaks down how he identifies areas where new construction is profitable and summarizes the key players of your real estate investing team. Roger closes by pulling out the crystal ball and sharing a bullish outlook on Chicago! 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: Roger Luri, LD2 Development Link: Roger's LinkedIn Link: Don't Buy Multi-Family! BUILD IT (Roger's Book) Sponsors: Midwest RE Networking Summit and NEGC Remodeling ----------------- Guest Questions 02:24 Housing Provider Tip: Leverage Google Earth as a due diligence tool when purchasing property! 04:19 Intro to our guest, Roger Luri! 07:41 Finding a niche in new construction! 11:28 What red flags did Roger notice leading up to the last housing crash? 14:39 Working with neighborhood groups when redeveloping property! 16:24 Seeing Development in Uptown, Edgewater, and other North Side Neighborhoods! 21:42 Determining locations where new construction is profitable. 25:46 Keys to building a solid real estate team! 32:00 Roger compares rehabs and new construction! 41:02 How to set up Joint Ventures? 43:25 Roger's outlook on Chicago! 46:45 What is Roger's competitive advantage? 47:44 One piece of advice for new investors. 48:31 What do you do for fun? 49:12 Good book, podcast, or self-development activity that you would recommend? 50:17 Local Network Recommendation? 51:02 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.