Podcast

Zen and the Art of Real Estate Investing with Jonathan Greene

201: Using Multifamily Real Estate To Maximize Risk-Adjusted Returns with Ken Gee

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.

With Ken Gee’s lengthy experience in real estate, he has a lot of wisdom to share with new and experienced investors alike.

In this episode, you will hear:

The most challenging time in real estate investing Ken Gee experienced and how his business survived
Ken’s previous career as a lender and CPA and how he began investing
The importance of maintaining a W2 position as you build your portfolio
The trap many people fall into and the struggles they face when they move into multifamily
Why Ken started buying multifamily properties and skipped over singles and doubles
Approaching your portfolio like a business, which leads to greater success
Making the case for multifamily as opposed to other asset classes
Ken’s four rules for buying multifamily properties
Where he’s focusing his business now after spending many years in Cleveland
The new focus on renting versus buying and the number of units Ken likes to stay above
Why transitioning into full-time real estate doesn’t have to be rough

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