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In this exhilarating episode of Straight Up Chicago Investor, we had the privilege of hosting Ben Allgeyer, a luminary in the realm of real estate who has flipped over 200 properties and wholesaled over 500 properties. With a wealth of experience under his belt, Ben graciously shares his journey from corporate America to real estate mastery, offering invaluable insights into lead generation, team building, partnership dynamics, and the art of mastering one's craft.
From Corporate America to Real Estate Empire
Ben's journey into real estate is nothing short of inspiring. After a brief stint in corporate America, he made the bold decision to pursue a career in real estate—a decision that would ultimately redefine his trajectory and pave the way for unprecedented success. Through perseverance and determination, Ben forged his path in the competitive world of real estate, leveraging his expertise to flip over 200 properties and wholesale over 500 properties.
The Grit of Lead Generation
Ben pulls back the curtain on his early days of lead generation, recounting tales of cold calls and door-knocking in pursuit of lucrative opportunities. His tenacity and grit serve as a testament to the power of perseverance in the face of adversity, inspiring investors to embrace the grind and embrace the process of building their pipelines from the ground up.
Building Teams and Nurturing Partnerships
As the conversation unfolds, Ben delves into the intricacies of building a formidable team and vetting candidates for potential partnerships. His insights underscore the importance of surrounding oneself with dedicated professionals who share a common vision and commitment to excellence. Moreover, Ben emphasizes the paramount importance of protecting relationships with partners, and nurturing trust and transparency to foster long-term success.
The Path to Mastery
Throughout the show, Ben's message rings loud and clear: success in real estate—and in any other business—is predicated on putting in the work and mastering one's craft. By embracing the journey and dedicating oneself to continuous learning and improvement, investors can unlock their full potential and achieve greatness in the dynamic world of real estate.
The Power of Persistence
As the episode draws to a close, Ben Allgeyer's journey serves as a beacon of inspiration for investors embarking on their own paths to success. Through hard work, dedication, and an unwavering commitment to excellence, anything is possible in the realm of real estate. Here's to embracing the journey, mastering our craft, and building a legacy that withstands the test of time.
Watch Straight Up Chicago Investor Podcast Episode 272 in Full Here
Questions We Answer In this Show:
Q. This Mistake Costed Him $40,000!
A. Video
Q. How a Single Hire Changed the Course of this Business...
A. Video
Q. Success in Real Estate Investing Requires a Leap of Faith
A. Video
Show Notes:
03:23 Housing Provider Tip - Ensure you are using the new Chicago lease!
03:49 Intro to our guest, Ben Allgeyer!
12:43 Ben’s jump into real estate!
17:20 How to find leads.
22:15 Ben’s deals gone wrong!
25:18 Hiring to build a team.
30:17 Top lists for landing leads!
32:41 Ben’s disposition strategy.
36:11 Vetting potential partnerships!
39:17 Capital partners to grow a business.
43:00 How to find businesses to purchase.
46:02 Ben’s lead generation course!
47:58 What is Ben’s competitive advantage?
48:32 One piece of advice for new investors.
49:03 What do you do for fun?
49:21 Good book, podcast, or self development activity that you would recommend?
50:06 Local Network Recommendation?
50:38 How can the listeners learn more about you and provide value to you?
Guest Name: Ben Allgeyer
Guest Company: Elite Ventures
Guest Link: Ben's Instagram
Other Links for show notes:
Show Sponsors:
Looking for a property manager?
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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