Having Limited Capital and Scaling In Chicago Big Time with Kevin Schnell

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! ============= Properties for Sale on the North Side?  We want to buy them. Email: StraightUpChicagoInvestor@gmail.com Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com ============= 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: StraightUpChicagoInvestor@gmail.com Guest: Kevin Schnell, Concord Capital Link: Kevin's LinkedIn Link: Getting to Yes (Book Recommendation) Link: Liz Butler (Zoning Attorney Referral) Guest Questions 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? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.