Episode 217: Building Relationships with Community Banks - Insights from Chicagoan Kevin Greer on the Lending Market and Investor Strategies
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Kevin Greer joins us to break down Community Banks, Commercial Lending, and the State of the Lending Market!
Kevin explains the differences between Regional Banks and Community Banks. You'll learn how you can build and leverage a relationship with your local Community Bank. He also shares how his investor mindset and strategy have changed throughout his years of investing. Then, Kevin tells us his outlook on the lending market and how investors should prepare!
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: [email protected]
Guest: Kevin Greer, Bank Financial
Link: [email protected] (Mark Wilczak - Secure Choice Property Inspector)
Link: BISNOW Article
Sponsors: NEGC Remodeling and Essex Realty Group
-----------------
Guest Questions
03:02 Housing Provider Tip: Monitor the temperature on boiler buildings as the weather warms up!
05:32 Intro to our guest, Kevin Greer!
08:15 Kevin discusses the state of the lending market!
10:04 Ins and outs of a Community Bank.
14:15 How to build a relationship with a Community Bank?
21:32 How do banks stay afloat when business slows?
22:43 How has Kevin's investing mindset changed over the years?
26:32 Where in Chicago is Kevin seeing the most real estate activity?
32:18 DSCR and commercial loan underwriting!
41:32 Kevin's outlook on the lending market.
45:45 What is Kevin's competitive advantage?
46:08 One piece of advice for new investors.
46:35 What do you do for fun?
47:01 Good book, podcast, or self-development activity that you would recommend?
48:14 Local Network Recommendation?
49:05 How can the listeners learn more about you and provide value to you?
-----------------
Production House: Flint Stone Media
Copyright of Straight Up Chicago Investor 2023.