The Wealth Without Wall Street Podcast

Multifamily Real Estate Made Simple: Lessons from Ken Gee’s 25-Year Journey

Dec 12, 2024

In this enlightening chat, Ken Gee, Founder of KRI Partners and a multifamily real estate expert with over 26 years in the field, reveals his journey from CPA to real estate mogul. He discusses the power of bold investments, such as charging $25,000 for renovations, and how multifamily properties often outperform single-family homes. Ken emphasizes the importance of value-add strategies and partnerships in boosting profitability while sharing his hard-earned lessons to inspire both new and seasoned investors.

35:03

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Episode guests

Ken Gee

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Quick takeaways

Ken Gee emphasizes the value of partnerships in real estate, highlighting how collaboration can enhance success through shared skills and resources.

The transformative power of reflecting on personal values is essential for achieving financial freedom and a balanced family life in investing.

Deep dives

Transitioning to Passive Income

The concept of infinite banking is highlighted as a key method for generating passive income, with a discussion on how individuals can transform active income into passive streams. The creation of a passive income operating system provides a structured approach to leverage this concept effectively. Listeners are introduced to tools and strategies that facilitate the transition from earning a salary to building wealth through passive income. This shift offers not just financial freedom, but also the opportunity to reclaim personal time and prioritize family life.

Intro

3min

From Tax Professional to Real Estate Investor

11min

Discovering the Power of Value-Add Investing

3min

Evolving Multifamily Markets

8min

The Power of Partnership in Real Estate

10min

Would you charge $25,000 on a credit card to renovate a property? How much profit can you earn from making such a bold move?

In this episode, you'll discover the transformative journey of Ken Gee, a multifamily real estate expert with 25 years of experience. From his beginnings as a CPA at Deloitte to building a multimillion-dollar real estate portfolio, Ken shares hard-earned lessons, strategies, and insights to help you succeed in multifamily investing.

Whether you're just starting out or scaling up, this episode is a must-listen for actionable advice and inspiring stories to inspire you to get into multifamily investing.

Top three things you will learn:

-Why multifamily investments often outperform single-family deals

-How to overcome fears and make bold investment decisions

-Critical strategies for adding value and boosting property returns

About Our Guest:

Ken is the Founder and Managing Member of KRI Partners, a real estate private equity and investor education firm. He has more than 26 years of real estate, banking, private equity, and real estate investing experience. Throughout his career, Ken has been involved in transactions valued at more than $2.0 billion, including acquiring, managing, and financing various multifamily real estate projects.

Before forming KRI Partners, Ken was a CPA with Deloitte in their tax & M&A practice. He is married and has three grown children. He enjoys learning, spending time with his family, and helping people create wealth through real estate so they can enjoy life as he has been able to.

Connect with Ken Gee:

-Website - www.kripartners.com

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