Episode 64: King of Chicagoland; Easy Makes You Soft

With nearly 30 years of experience as a broker, Frank Montro, the King of Chicagoland, shares his reflections on how the industry has changed from the early ‘80s to today. While touching on strategies his team uses to generate business, and cementing what it takes to succeed, Frank gives a compelling presentation that is certain to teach you something about winning in Chicago. Do NOT play with your money, work with an expert and learn to avoid the pitfalls of most new investors. It’s what we’re all about here at the Straight Up Chicago Investor. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Frank Montro of Frank Montro Homes | Call Frank: (708) 307-0777 | Email Frank: [email protected] Sponsors: Puleo Group and Appeal.tax   Link: Chicago Deal Vault | Never miss an MLS property deal again and increase your productivity y 10,000%   Link: Tony Robbins Podcast, Catch the Latest Podcast Here   Link: Podcast Cardone Zone   Link: Motiversity YouTube Channel   Link: Barnett Capital   Link: The Devil in the White City: Murder, Magic, and Madness at the Fair That Changed America   Link: Straight Up Chicago Investor Podcast: Expert Perspectives on Investing in Chicago Real Estate   ----------------- Guest Questions Overview of real estate industry 5:00 Tax certificate sales. 18:50 Do you factor commercial financing into deal analysis? 21:15 Where do you see rates going? 23:30 Do you think about the pre 2008 high’s as a benchmark? 31:00 What’s the impact of people leaving Chicago? 33:30 Appraisal insights? 35:30 Steps to find off market deals? 39:45 What’s your competitive advantage? 48:00 What is one piece of advice you’d give a new investor? 49:45 Wrap Up Questions What do you do for fun? 52:55 Self development activity? 53:30 Local Network Recommendation? 57:00  How can we learn more about you? 58:00 That’s our show! Thank you so much for listening and tune in next week! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.