Ritter on Real Estate Converting Office Space Into Multifamily With Kenny Wolfe
On today's episode of Ritter On Real Estate, we chat with Kenny Wolfe. Kenny is an experienced multifamily syndicator, the founder and CEO of Wolfe Investments. Kenny is also the author of “Investing in the Dream: How to Acquire Multifamily Real Estate and Attain Total Financial Freedom”. He invested in his first multifamily property in 2010 and instantly saw the potential for real estate to transform his life - giving him the opportunity to quit his day job and start a company.
Kenny is passionate about helping others attain financial freedom through real estate investing. Kenny has been involved in over $675 million worth of commercial real estate transactions nationwide and is a principal in 5,032 units (7,088 units all-time). He holds a BBA from Baylor University and an MBA from the University of Texas at Arlington. Kenny currently resides in Plano, Texas with his wife, daughter, and son. When he’s not scouring the market for new deals, he enjoys discovering new vegan restaurants and rooting for the Broncos. Welcome, Kenny!
Key Points From The Episode:
- Kenny’s background & success in real estate.
- Why Diversification of assets is very important.
- The type of deals Kenny’s company invests in and how they work.
- Crafting real estate investments for every type of individual looking to invest.
- Kenny’s analysis of the current real estate market.
- Turning office spaces into multifamily.
- How the shortage of living spaces is creating opportunities for real estate investors.
- What are office conversions and how Kenny plans on using them to grow his AUM to $1 Billion.
Books Mentioned:
- Rich Dad Poor Dad by Robert Kiyosaki
- Investing in the Dream: How to Acquire Multifamily Real Estate and Attain Total Financial Freedom
- Your Quest to Financial Freedom: The Journey From Zero to Lifeling Wealth
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Production by Outlier Audio