Owning class D properties in neighborhoods plagued by gang violence, prostitution and drug abuse is not easy.
But it does give an owner-operator the street smarts to keep themselves, their employees and properties safe. And it makes for some pretty crazy stories!
On this episode of Financial Freedom with Real Estate Investing, Garrett follows up on his previous solo episode with more stories from his experience as an investor in Chicago’s most dangerous neighborhoods.
Garrett discusses what he did to prevent theft at vacant multifamily properties and describes how firing a maintenance worker nearly caused a gang war at one of his buildings.
Listen in for the story of how Garrett’s maintenance team caught a killer and find out what it’s like to collect rent at night not too far from Chicago’s infamous O Block.
Key Takeaways
How Garrett kept himself safe in South Side Chicago
- Dress and act the part, drive Chevy Impala
- Carry hand axe for protection
What Garrett did to protect vacant properties from theft
- Contractor brought dog to trap thieves
- Pepper blasters and SimpliSafe alarms
What criminals steal from vacant multifamily properties
- Copper to sell at metal plant
- Countertops and cabinets
How Garrett prevented a gang war on his property
- Maintenance man got fired, stole lawn mower
- Garrett asked former employee to return item
- Rival gang came to scare property manager
- Garrett paid resident in gang to protect area
- Told former employee to forget whole thing
How Garrett’s maintenance team caught a killer
- Crew sent to fix water leak in Section 8 building
- Found shotgun used in murder in wall
- Tenant charged with murder of rival gang member
Garrett’s experience collecting rent on the West Side
- Had to go at night, brought 3 guys for protection
- Unsafe to carry cash, likely to be robbed if alone
Connect with Garrett Lynch
Connect with Michael Blank
Apartment Investor Network Facebook Group
Email [email protected]
Related Articles
What Are the Three Classes of Real Estate Investment?
Why You Should Not Invest in Class A Real Estate Syndication
Resources
Join the Nighthawk Equity Investor Club
Learn More About Michael’s Mentoring Program
Download Free Resources from The Freedom Vault
Financial Freedom with Real Estate Investing by Michael Blank
Garrett on Financial Freedom with Real Estate EP318
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Do you have a spam issue on this site; I also am a blogger, and I was wanting to know
your situation; many of us have developed some nice practices and we are looking to exchange solutions with others,
why not shoot me an email if interested.
That is really attention-grabbing, You’re an overly professional blogger.
I’ve joined your feed and look forward to in the hunt for extra of your excellent post.
Additionally, I’ve shared your website in my social
networks
Hi there it’s me, I am also visiting this
web page regularly, this web site is in fact pleasant and the people are really sharing nice thoughts.
Everything is very open with a clear explanation of the issues.
It was definitely informative. Your site is useful. Many
thanks for sharing!
You actually make it seem really easy along with your presentation however I
in finding this matter to be actually something that I think I might never understand.
It kind of feels too complicated and extremely broad for
me. I am taking a look forward on your next submit, I’ll try
to get the hang of it!
Do you mind if I quote a few of your articles as long as
I provide credit and sources back to your webpage? My blog is in the very same area of
interest as yours and my visitors would certainly benefit from some of the
information you provide here. Please let me know if this ok with you.
Many thanks!
I was suggested this website by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my difficulty. You’re incredible! Thanks!
It’s very effortless to find out any matter on web as compared to books,
as I found this post at this web page.
Hi there, just became alert to your blog through Google, and found that it’s truly informative. I’m going to watch out for brussels. I will appreciate if you continue this in future. Lots of people will be benefited from your writing. Cheers!
For the reason that the admin of this site is working, no uncertainty very soon it will be well-known, due to its feature contents.
This info is worth everyone’s attention. Where can I find out more?
Wow, that’s what I was looking for, what a material!
existing here at this blog, thanks admin of this web page.
you are in point of fact a excellent webmaster. The site loading velocity is amazing.
It seems that you’re doing any unique trick. Also,
The contents are masterpiece. you’ve performed a fantastic job in this
topic!
Excellent web site. Lots of useful information here.
I’m sending it to several pals ans additionally sharing in delicious.
And naturally, thank you to your effort!
These are truly impressive ideas in on the topic of blogging.
You have touched some good factors here. Any way keep up
wrinting.
I do not even know how I ended up here, but I thought this post was great.
I don’t know who you are but definitely you are going to a
famous blogger if you are not already 😉 Cheers!
Wonderful blog! I found it while surfing around on Yahoo News.
Do you have any suggestions on how to get listed in Yahoo News?
I’ve been trying for a while but I never seem to get there!
Cheers
Keep on working, great job!
Hi there! I could have sworn I’ve visited your blog before but
after looking at many of the articles I realized it’s new to
me. Regardless, I’m definitely happy I came across it and I’ll be book-marking it and checking back
frequently!
I visited several websites but the audio quality for audio songs existing at this site is really superb.
This page really has all the information and facts I needed about this subject and didn’t know who to ask.
Please let me know if you’re looking for a article writer for your site.
You have some really good articles and I feel I would be a good
asset. If you ever want to take some of the load off, I’d really like to write
some articles for your blog in exchange for
a link back to mine. Please blast me an email if interested.
Cheers!
I am not positive the place you are getting your information, but good topic. I needs to spend a while studying more or figuring out more. Thank you for great info I used to be on the lookout for this information for my mission.
I am now not certain where you’re getting your information, however great topic. I must spend a while studying much more or working out more. Thank you for wonderful information I used to be looking for this information for my mission.
I am now not positive the place you are getting your info, however good topic. I needs to spend some time finding out more or working out more. Thanks for fantastic information I was looking for this information for my mission.
I am not positive where you are getting your information, however good topic. I needs to spend some time finding out much more or working out more. Thank you for excellent information I used to be on the lookout for this info for my mission.
I am no longer certain where you are getting your information, however good topic. I must spend a while studying much more or understanding more. Thanks for wonderful info I was searching for this information for my mission.
Hello! I’ve been following your site for a while now and finally got the courage to go ahead and give you a shout out from Atascocita Texas! Just wanted to mention keep up the fantastic job!
Hi! I’ve been following your website for a long time now and finally got the courage to go ahead and give you a shout out from Humble Texas! Just wanted to say keep up the fantastic job!
Hi! I’ve been reading your blog for some time now and finally got the courage to go ahead and give you a shout out from Atascocita Texas! Just wanted to tell you keep up the great work!
Hi there, I check your blogs like every week. Your humoristic style is witty, keep up the good work!
Hello, I check your new stuff regularly. Your humoristic style is witty, keep doing what you’re doing!
Hi, I check your blog like every week. Your humoristic style is witty, keep it up!
Hi there, I check your blogs like every week. Your story-telling style is awesome, keep doing what you’re doing!
Hi there, I read your blog on a regular basis. Your humoristic style is witty, keep up the good work!
What’s up, I read your new stuff regularly. Your story-telling style is awesome, keep up the good work!
Hi there, I read your blogs regularly. Your writing style is witty, keep up the good work!
What’s up, I check your blogs daily. Your writing style is witty, keep doing what you’re doing!
What’s up, I log on to your new stuff regularly. Your writing style is awesome, keep up the good work!
Howdy! I just want to give you a big thumbs up for the excellent information you have got here on this post. I am returning to your site for more soon.
A fascinating discussion is worth comment. I do believe that you need to write more about this subject, it may not be a taboo subject but typically folks don’t discuss such topics. To the next! Kind regards!!
An intriguing discussion is definitely worth comment. I believe that you ought to write more on this issue, it might not be a taboo matter but usually people do not discuss such topics. To the next! Kind regards!!
Very nice post. I just stumbled upon your blog and wanted to
mention that I’ve really loved browsing your weblog posts.
In any case I’ll be subscribing to your feed and I’m hoping you write again soon!
Undeniably believe that which you stated. Your favorite reason appeared to be
on the web the easiest thing to be aware of. I say to you, I certainly
get annoyed while people consider worries that they just don’t know about.
You managed to hit the nail upon the top and also defined out the whole thing without having side effect , people could take a signal.
Will probably be back to get more. Thanks
What’s up, I log on to your new stuff regularly. Your writing style is awesome, keep doing what you’re doing!
Hi, I check your blogs regularly. Your story-telling style is awesome, keep it up!
What’s up, I read your new stuff like every week. Your story-telling style is awesome, keep up the good work!
An intriguing discussion is definitely worth comment. I do think that you need to publish more on this subject matter, it may not be a taboo matter but typically people do not talk about these topics. To the next! Best wishes!!
A fascinating discussion is definitely worth comment. I believe that you ought to publish more about this topic, it may not be a taboo subject but typically people do not speak about these topics. To the next! Many thanks!!
A fascinating discussion is definitely worth comment. I do think that you ought to publish more on this topic, it may not be a taboo subject but usually people do not talk about such subjects. To the next! Cheers!!
A fascinating discussion is worth comment. There’s no doubt that that you should publish more about this issue, it might not be a taboo subject but generally folks don’t talk about such subjects. To the next! Many thanks!!
An interesting discussion is definitely worth comment. I believe that you ought to write more about this topic, it might not be a taboo matter but usually folks don’t talk about these subjects. To the next! Cheers!!
An interesting discussion is definitely worth comment. I do think that you should write more on this subject, it may not be a taboo matter but usually people don’t discuss such topics. To the next! All the best!!
An interesting discussion is worth comment. I do believe that you should write more on this subject matter, it might not be a taboo subject but typically people don’t talk about these subjects. To the next! Kind regards!!
An interesting discussion is definitely worth comment. There’s no doubt that that you need to write more about this issue, it may not be a taboo subject but generally folks don’t speak about these issues. To the next! Cheers!!
Thank you, I have just been searching for information approximately this subject for a while and yours is the best I’ve came upon so far. However, what in regards to the bottom line? Are you certain concerning the source?