Show notes
GUEST BIOSteve Pollack is the President and Chief Executive Officer of Anchor Loans, the nation’s premiere fix and flip lender providing more than $7.7 billion of capital to investors.Steve’s core values stem from building relationships bigger than lending; their goal is to build long term partnerships and they’ve done just that. Over 85% of their customers are repeat borrowers because of their speed, efficiency, expertise, flexibility and customer service that comes with investing with Anchor financing.THE REAL ESTATE FOUNDATION01:39 Guest Background05:07 How Anchor Loans started?06:37 What offers do you have to the investors?10:27 Qualifications to be a part of Loan Anchor13:44 Managing the downsides of the Business17:42 Understanding Construction Loan21:34 Construction Loan process23:03 How Anchor Loans operatesKEEPING IT REAL25:26 Biggest misconception about investors have, when working with lenders?26:30 Biggest mistakes investors make in real estate27:48 Best advice received and willing to share to the communityANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW:29:32 Favorite book - Man Search for Meaning by Viktor Frankl30:08 Daily habits that serves best -Time Management31:45 One 300 unit apartment building or 3 apartments of 100 units - 3 apartments of 100 units32:32 Self Manage or Outsource - Outsource32:56 If you have one superpower in your business, what would it be? - Time Travel33:59 Describe a successful investor in one word - DisciplineBOOKS MENTIONED IN THIS SHOWMan Search for Meaning by Viktor FranklNOTABLE QUOTES (KEY LESSONS):“Believe in Yourself”Connecting with The GuestInstagram, Facebook, LinkedIn , TwitterWebsite: anchorloans.com#ExperimentLoans #ExperimentAnchorLoans
