May 11, 2023
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!
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest: Kevin Greer, Bank Financial
Link: Mark@securechoice.biz (Mark Wilczak - Secure Choice Property Inspector)
Link: BISNOW Article
Sponsors: NEGC Remodeling and Essex Realty Group
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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?
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Production House: Flint Stone Media
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