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The Best Ever CRE Show

JF2729: 2 Effective Ways to Work with Lenders During a Recession ft. Glenn Kukla

The Best Ever CRE Show

Best Ever CRE

Entrepreneurship, Investing, Business

4.7996 Ratings

🗓️ 21 February 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

Real estate developer Glenn Kukla had closed one of his biggest deals when the 2008 recession hit. Unable to pay his mortgage, Glenn worked out a strategy to help stay afloat and survive the economic downturn. In this episode, Glenn shares his tips for working with lenders during a recession. Glenn Kukla | Real Estate Background CEO of Kukla Capital Partners, a real estate development company and investment fund. Portfolio: $4M in net value. Over $50M in real estate projects he has developed and/or financed. Grown and privately held his investment fund over 40% annually since 2009. Based in: Cincinnati, OH Say hi to him at: LinkedIn Click here to learn more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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1:05.0

Don't be afraid of risk, but understand that there are different profiles of risk.

1:09.6

Some people think that without risk there's no reward, and that's not true.

1:14.5

There are some risks that have much more downside potential and

1:19.2

there are other risks that have very little downside potential.

1:21.5

Quick disclaimer, the views and opinions expressed in this podcast are provided for

1:25.5

informational purposes only and should not be construed as an offer to buy or sell any securities

1:30.9

or to make or consider any investment or course of action.

1:35.2

For more information go to best ever show.com.

1:38.4

Deals and money.

1:39.6

We are constantly seeking deals and money as real estate investors and I bet you're having a

1:46.0

challenge right now especially with deals if you're like most real estate investors

1:51.2

because it's not to find deals right now but here's the thing

...

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