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
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
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.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
