How 26 years in the real estate game has shaped Ken Gee's investing strategy with Ken Gee, Ep 116
Manage episode 446694609 series 3371550
Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!
Ken Gee, the founder of KRI Partners and a real estate private equity specialist with more than 26 years of experience, is our guest for this episode.
Ken takes us back to his early days, describing the difficulties he faced when managing his first 28-unit complex and how he developed into a multifamily investment manager. He dissects important tactics including utilizing financial expertise, innovative funding, and the strength of solid connections in the real estate industry.
From managing market fluctuations to reaching financial independence through real estate, this episode is jam-packed with helpful guidance for prospective investors.
Don't pass this up!
Episode Topics
[001:15] Meet our guest, Ken Gee
[05:23] First Real Estate Deal Challenges
[12:36] Scaling the Business
[18:33] Evaluating Your Role in GP Investments
[23:02] Transitioning to Raising Money
[26:04] The KRI 360 Investment System
[30:38] What is one red flag every investor should look out for?
[31:41] What is a myth about the real estate business?
[35:24] Connecting with Ken
Notable Quotes
- "In any business, probably in life, the people that actually help you are not the people you would expect." – Ken Gee
- "You caught the bug right after you saw that value-add strategy... you get better tenants willing to pay more money." – Tim Little
- "The value that you get from being a general partner on a deal, even if it's a small slice, gives you instant credibility with brokers, lenders, etc." – Tim Little
- "If you close a deal, the brokers call you. 'Hey, I saw you close that deal.' Now you're somebody, not just a tire kicker." – Ken Gee
- "You are selling the value that you bring to the community, to the deal... so that you can protect the investors that you have in that deal." – Tim Little
- "If we reduce our leverage because we have the funds to close, debt doesn’t become the problem... If there’s a problem in real estate, it’s always debt related." – Ken Gee
👉Connect with Ken Gee
- LinkedIn: Ken Gee
- Website: KRI Partners
- Email: kgee@kripartners.com
- Telephone: +1 330-467-1985
👉 Connect with Tim
- Linkedin: Tim Little
- Instagram: @tim_at_zana
- Email: tim@zanainvestments.com
- Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
- Get your Passive Investor's Cheat Sheet FREE
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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497
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