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Exploring Chicago Real Estate with Michaela Gordon
In this captivating podcast episode, we delve into the world of Chicago Real Estate with Michaela Gordon, a seasoned Realtor, and Designer with over 10 years of experience. Join us as Michaela shares her expertise in acquiring and renovating properties in the vibrant city of Chicago!
A Journey through Architecture and Design
Michaela kicks things off by taking us on a journey through her background in architecture and design. She provides insights into the significance of different Chicago lot sizes and their impact on a building's footprints and redevelopment potential.
Chicago vs. Los Angeles Architecture
Michaela draws captivating comparisons between the architecture in Chicago and Los Angeles. She highlights the distinguishing features of these cities and sheds light on the architectural trends that set them apart.
Modernizing Units on a Budget
Michaela shares her expertise in modernizing units on a budget, offering strategies for transforming properties without breaking the bank.
ROI: What's Worth the Investment?
Michaela provides guidance on which property improvements are worth the investment and which ones may not yield desired returns.
The Value of an Investment-Minded Realtor
Michaela emphasizes the importance of working with investment-minded realtors and the value they bring to the table.
Closing Thoughts on the Real Estate Market
Michaela shares her outlook on the Real Estate market in Chicago, providing listeners with insights into the future of the market.
Don't miss out on this enlightening episode as Michaela Gordon takes us on an insightful journey through the world of Chicago Real Estate!
Watch Straight Up Chicago Investor Podcast Episode 218 in Full Here
Questions We Answer In this Show:
Q. Chicago vs. California Architecture
Q. Unlocking the Secret to Long-Term Wealth: Understanding Real Estate as a Strategic Investment
Q. From Outdated to Outstanding: The Incredible Transformation of a Chicago Bungalow
Show Notes:
02:49 Housing Provider Tip: Understand the 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?
Guest Name: Michaela Gordon
Guest Company: MG Home Chicago
Guest Link: https://www.mghomechicago.com/
Other Links for show notes:
Brandon Hood Instagram (Network Referral)
Per My Last Email (Michaela's Podcast)
Chicago Investor Resources Shared
What You Must Know About Renting Your Property In Schaumburg
Survival Guide For Self Managers - 15 Tips Chicago Landlords Must Know(Especially House Hackers)
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