#1 Real Estate Attorney in Chicago for Investors with Gary Davidson

  • 01:02:22
  • 26 August, 2019
  • 85.7 MB

About Gary Davidson

On episode 58 of the Profits Over Wages Podcast we sit down with Gary Davidson of Castle Law, he is the #1 Real Estate Attorney Chicago. Formerly the Village Attorney for many communities in the Will County area, he has an unparalleled breadth of experience working on land use, zoning and development issues, and is a frequent lecturer at numerous real estate investor seminars.

He represents hundreds of property investors and a wide variety of businesses and contractors in corporate affairs, ranging from closely held corporations to publicly traded companies such as ExxonMobil.

Gary also heads up the practice group at Castle Law that assists banks and servicers in the negotiation of and preparation of documents in a broad range of lending transactions. Castle attorneys also assist mortgage servicers in foreclosures of both residential and commercial properties.

About the Episode

On this episode Gary talks about what it takes to be the #1 real estate attorney in Chicago, why as a real estate investor you must have multiple solutions for motivated sellers, and as an example, Gary goes in-depth about how to properly do land contracts. We also talk about why building relationships with others in the industry is the most important thing you can do to grow your business.

Shote Notes

  • Gary talks about what it takes to be the #1 Real Estate Attorney in Chicago.
  • Gary talks about his “why” and what that means to him.
  • Gary talks about why he decided to become an attorney and the journey that has gotten him to where he is at today.
  • Gary goes in-depth about how he started working in retail real estate after the crash of 2008 representing big hedge funds.
  • Gary talks about Castle law, where the name came from and how it’s set up with 17 attorneys specializing in different practices.
  • Gary talks about having multiple tools as an investor when sitting down with a seller. Then, he goes in-depth about land contracts or contracts for deed.
  • Matt and Gary roleplay as a seller and investor/wholesaler having a conversation without being deceitful about the intentions of the investor.
  • For wholesalers, should you use “and/or assigns” on a purchase contract?
  • Gary gives an example of a deal where a wholesaler didn’t use an attorney in an “A to B/B to C” transaction and ended up losing on a big payday.
  • Gary talks about building relationships to grow your business instead of treating each other like a vendor.

Questions Round

  • If you had one piece of advice to someone just starting out, what would it be?
  • How did you get the idea to start your business?
  • What’s your best hiring tip or secret?
  • How do you stay motivated?
  • Have you ever turned down a client?
  • What living or dead person, other than family members do you most admire?
  • Do you have a morning routine?
  • What was the worst piece of advice that you ever got?
  • What habits helped make you successful?
  • Why do you what you do? What gets you through the tough times?

Connect with Gary Davidson

Email: gdavidson@castlelaw.com
Phone number: 708-801-8000
Facebook: Gary Davidson
LinkedIn: Gary K. Davidson

Castle Law Website: www.castlelaw.com
Castle Law Facebook: Castle Law

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