Mike Tenerelli not only has a background in Reality TV, but also in construction, management, and sales which have propelled his explosive growth in real estate!

Mike discusses his journey from flipping homes to helping others find the right property. He breaks down analyzing remote markets to find lucrative deals, growing a brokerage business, and adapting to the new NAR rules around buyer’s broker compensation. Mike shares tremendous insights on investment opportunities in prime western burbs and lessons learned from flipping gone wrong!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Mike Tenerelli, Exit Real Estate Partners

Link: Mike's Instagram

Link: One Rental at a Time (YouTube Channel)

Link: Lending One (Lender Referral)

Guest Questions

02:27 Housing Provider Tip - Plan accordingly when giving Section 8 tenants notice to vacate!

04:24 Intro to our guest, Mike Tenerelli!

09:18 Becoming a full time investor after 2 flips!

11:42 Learning the Milwaukee market.

20:54 Growing a brokerage business.

24:38 Dealing with new NAR compensation rules.

33:10 The 101 on the Western Burbs!

38:01 Consequences of Flipping Gone Wrong!

42:02 What is your competitive advantage?

42:40 One piece of advice for new investors.

43:28 What do you do for fun?

43:46 Good book, podcast, or self development activity that you would recommend?

44:07 Local Network Recommendation?

44:46 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2025.

When Does a 5 Day Notice Become a 30 Day Notice?

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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: StraightUpChicagoInvestor@gmail.com

Guest: Mark Ainley, Straight Up Chicago Investor Podcast

Link: Enforcing the CARES Act 30-Day Eviction Notice Requirement

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2025.

Sam Patterson is a successful Commercial Real Estate Broker, Investor, and Restaurant Owner with vast experience in renovation and property management!

Sam opens with his experience in commercial real estate receiverships and his start in investing! He touches on structuring and leveraging partnerships to scale a real estate portfolio. Sam discusses ins and outs of DeKalb including the housing stock and the investment opportunities. In sharing his project experiences, Sam speaks to seller financing, TIF funds, and various other concepts to add to your real estate toolbox!

If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest: Sam Patterson, RVG Commercial Real Estate Services | Email Sam (spatterson@rvgcommerical.com)

Link: Sheela Prahlad (Lender Referral)

Link: Rob Zahm (Roofer Referral)

Guest Questions

03:39 Housing Provider Tip - Take precautionary measures to deal with Chicago’s frigid temperatures!

05:40 Intro to our guest, Sam Patterson!

08:41 Crazy receivership stories and becoming an investor!

19:48 Why invest in West Chicago?

23:01 Structuring a partnership.

29:57 DeKalb’s housing stock and investment expectations.

38:38 How TIF funds work!

41:13 Surprises on a large commercial property renovation!

44:16 An overview of Sycamore.

50:24 Refinance terms on a commercial loan.

53:17 What’s next in Sam’s investment journey?

58:24 What is your competitive advantage?

59:19 One piece of advice for new investors.

60:11 What do you do for fun?

60:49 Good book, podcast, or self development activity that you would recommend?

61:32 Local Network Recommendation?

62:11 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media

Copyright of Straight Up Chicago Investor 2025.