Join host Joe Smazal for an entertaining and insightful conversation with Ron Abrams, owner of Silver Property Group and one of Chicago's most successful multifamily investors. With over 25 years in real estate and 30+ years as an attorney, Ron has built an impressive portfolio of 1,500+ units across 120+ buildings throughout Chicago's north and northwest sides.
What You'll Learn:
- How Ron transitioned from practicing law to building a 1500 unit real estate empire
- Why he shifted from value-add renovations to acquiring larger, stabilized properties
- The secrets behind his successful equity raises with Chicago investors ($22M and $45M deals)
- His contrarian take on Chicago property taxes and why he thinks we've been "under-taxed"
- How vertical integration (brokerage, leasing, property management, construction) gives his team a competitive edge
- Why he believes Chicago neighborhoods are poised for an "explosion"
Episode Highlights:
- Ron's creative LLC naming strategies (including the legendary "Jackass" partnership)
- His 9-to-5 work culture philosophy and focus on work-life balance
- Mentorship advice: "Go for it" - why low barriers to entry make real estate accessible
- The importance of replacement cost analysis in today's market
- Behind-the-scenes look at running 2,000+ units with a tight-knit team
About Ron Abrams:
Ron Abrams is the founder of Silver Property Group, a vertically integrated real estate company specializing in Chicago multifamily properties. Known for his straightforward approach, Ron has built lasting relationships with tenants, investors, and industry professionals while maintaining a reputation for transparency and fairness. When he's not yelling across the office to his team (in the most endearing way), you might find him coaching basketball or attempting Pilates.
Interested in Chicago multifamily investment opportunities? Connect with Joe Smazal for expert brokerage services on the north side.
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