Kevin Schnell of Concord Capital has amassed a portfolio of over 400 rental units and has vast experience repositioning multi-family and mixed-use real estate investments!
Kevin hits the ground running with how he grinded early in his real estate career to learn his markets and efficiently prospect to generate deal flow. He discussed the valuable knowledge he gained while working with MO2 Properties, a Chicago-based rental property owner and operator. Kevin describes the journey of leaving MO2 Properties to start his own investment company. He closes the show with advice on adaptive reuse projects and motivating words on why Chicago is the place to be for REI!
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03:05 Housing Provider Tip - Understand tenant chargebacks to protect yourself from tenant damages!
04:39 Intro to our guest, Kevin Schnell!
07:14 How to learn a market and prospecting.
15:57 Kevin’s transition to MO2 Properties!
23:18 Strategies for cold calling sellers.
32:47 Leaving MO2 to start an investment business!
36:42 Kevin’s current focus.
41:44 Considerations on adaptive reuse projects!
44:35 Why Kevin is doubling down on Chicago!
48:55 What is your competitive advantage?
49:18 One piece of advice for new investors.
50:12 What do you do for fun?
50:50 Good book, podcast, or self development activity that you would recommend?
51:43 Local Network Recommendation?
52:05 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Kevin Schnell
Guest Company: Concord Capital
Guest Link: https://www.concordcapitalre.com/
Other Links for show notes:
