Single-family and duplex homes aren’t everyone’s cup of tea, so sometimes it makes sense to jump into multifamily right from the start. Today’s guest took that path and never looked back.
On today’s Zen and the Art of Real Estate Investing, Jonathan dives into multifamily investing with Ken Gee. Ken is the Founder and President of KRI Partners, a real estate private equity and investor education firm. Ken has more than 26 years of experience in real estate and is a former CPA, commercial lender, and real estate broker.
Jonathan and Ken start their discussion by exploring Ken’s worst period in real estate and why it was awful. Ken shares his background as a commercial lender who became a CPA and what eventually led him into real estate. You’ll hear why he kept his W2 before jumping into real estate full-time, his reasoning for moving toward multifamily right from the start, and the importance of approaching your real estate portfolio like a business. Ken shares his four rules for buying multifamily properties, why he’s focused on the Southeast instead of Cleveland now, and why transitioning into real estate full-time doesn’t have to be difficult.