John discusses his start in real estate over a decade ago and reflects on missed opportunities, lessons learned, and success stories! He shares practical advice on simply structuring partnerships and talks about Forte Properties’ plan for growth in the western suburbs. John dives into starting a property management company along with building and remaining loyal to a team to support his portfolio. Mr. Warren closes with motivating words on entrepreneurship and why you should take the leap of faith!
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02:53 Intro to our guest, John Warren!
03:18 Lessons learned from growing a 168-unit portfolio!
06:50 How to simply structure a partnership?
12:00 John’s geographical focus and plans for growth.
21:01 Resetting expectations on real estate investment returns!
23:45 Setting up a property management office.
26:27 Property management software and leveraging virtual assistants.
31:48 John’s recent horror story!
33:53 What would John do differently in his journey?
34:47 Growing a family while pursuing entrepreneurship.
36:50 What is your competitive advantage?
37:18 One piece of advice for new investors.
37:43 What do you do for fun?
38:26 Good book, podcast, or self development activity that you would recommend?
39:00 Local Network Recommendation?
40:15 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: John Warren
Guest Company: Forte Properties
Guest Link: https://www.fortepropertieschicago.com/
Other Links for show notes:
Forte Properties (@fortepropertieschicago) • Instagram photos and videos
Extreme Ownership (Book Recommendation)
Luke Erlandson (Agency Lender Referral)
John’s Email: jwarrenbroker@gmail.com
