Peak Profits - The Art Of Passive Investing Through Real Estate
Welcome to the Peak Profits Podcast, your ultimate guide to mastering the art of passive investing through Real Estate. Hosted by Seven Peak Capital, this podcast is dedicated to educating and inspiring both new and experienced investors through engaging discussions, expert interviews, and personal stories.
What to Expect:
- Expert Insights: Tune in for interviews with industry leaders, including general partners, lenders, passive investors, and many more who are making significant impacts in the real estate market. Gain invaluable knowledge from those who have successfully navigated the complexities of multifamily investing.
- Diverse Topics: Each episode delves into a variety of subjects crucial to real estate investing, such as multifamily investment strategies, financing, market analysis, portfolio diversification, and tax benefits. Learn from both the triumphs and challenges faced by our guests to better inform your own investment decisions.
- Personal Journeys: Bryan and Chris share their own transition from careers in sales to becoming successful real estate investors. Their stories provide a relatable and motivational backdrop for listeners looking to embark on a similar path.
- Educational Focus: The podcast emphasizes continuous learning and growth. Whether you're interested in active or passive investing, you'll find valuable content tailored to help you understand the intricacies of real estate deals, financing options, and investment strategies.
- Community Engagement: Peak Profits is more than just a podcast; it's a community. The hosts encourage listeners from the real estate and investing industry to join them as guests, share their stories, and contribute to the collective knowledge pool.
Listen to Peak Profits Podcast - where your journey to successful multifamily real estate investing begins!
Peak Profits - The Art Of Passive Investing Through Real Estate
Four Rules for Passive Investing in Real Estate: Ken Gee's Blueprint for Wealth
In this conversation, Ken Gee shares his extensive 26 year journey in the real estate industry, detailing his transition from a CPA at Deloitte to founding KRI Partners, a firm focused on multifamily real estate. He discusses the importance of education, mentorship, and understanding market cycles, particularly the lessons learned from the 2008 financial crisis. Ken emphasizes the significance of maintaining discipline in investing and the necessity of effective communication with investors, especially in today's fluctuating market. In this conversation, Ken Gee discusses the importance of building trust with investors, the critical role of underwriting in real estate, and the necessity of developing a solid business plan. He emphasizes teamwork in real estate partnerships, navigating lender due diligence, and strategic approaches to acquisitions. Ken also highlights the importance of investor education and understanding the business, providing final advice for potential investors to follow four key rules to safeguard their investments.
Chapters
00:00
Ken Gee's Journey into Real Estate
11:58
Lessons from Market Cycles
23:59
Navigating Investor Relationships and Communication
26:34
Building Trust with Investors
28:13
The Importance of Underwriting
30:41
Developing a Business Plan
32:34
The Role of Teamwork in Real Estate
36:00
Navigating Lender Due Diligence
37:10
Strategic Approaches to Acquisitions
41:08
Investor Education and Understanding
49:40
Final Advice for Investors
Takeaways
- Ken Gee transitioned from a CPA to real estate investing.
- He emphasizes the importance of mentorship in learning.
- Ken made half a million dollars on his first real estate deals.
- Understanding debt management is crucial in real estate.
- Discipline in investing is essential for success.
- Investors should follow four key rules for safety.
- Ken's firm focuses on multifamily properties in Florida.
- Effective communication with investors builds trust.
- Market cycles provide valuable lessons for investors.
- Investing in areas where people want to live is strategic. Building trust with investors is crucial for long-term relationships.
- Understanding underwriting is essential for success in real estate.
- A solid business plan tailored to individual strengths is necessary.
- Partnerships should be approached like dating to ensure compatibility.
- Lenders are increasingly focused on the experience of the team.
- Being a strong buyer in the market can set you apart from competitors.
- Investors should take the time to learn about the business before investing.
- Following four key rules can help investors avoid pitfalls.
- Investors should engage in due diligence and research before committing funds.
- Education and understanding of the investment landscape are vital for success.
Connect with Ken Gee:
linkedin.com/in/geekennetha/
kripartners.com