057: Ken Gee | Plan, Learn, Re-Evaluate, and Adjust

18/06/2021 50 min Episodio 57
057: Ken Gee |  Plan, Learn, Re-Evaluate, and Adjust

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Episode Synopsis

Everybody knows there’s a ton of money to be made in real estate, the thing is, how do you do it? Ken Gee is the Founder and President of the KRI group. He has over 23 years experience in real estate, banking, private equity transaction and multifamily investing experience. Throughout his career, he has been involved in transactions valued in excess of $1.5 billion and plays a significant role as a member of due diligence and transaction structure planning teams for several private equity firms.[00:01 – 08:00] Opening SegmentKen gets right into his background and what he learned from the last recessionWhat went wrong?Takeaways [08:01 – 30:00] Plan, Learn, Re-Evaluate, and AdjustWhat Ken does to protect the downsideBe ready to re-evaluate and adjust your plans based on what you learnThings WILL change Key things to keep in mind during the renovation processKen’s advice on analyzing the risk getting to the upside of a deal Risk adjusted returnsThe beauty of syndication[30:01 – 46:00] Everyone Should Be a Passive Investor Ken’s free e-book, where to grab it and what value you’ll get from itAdvice for people who want to become passive investors What to look for in a business plan as a passive investor Where to find help from Ken and other resources: Links Below[46:01 – 50:51] SummaryFinal opportunities, advice, and words from Ken Tweetable Quotes:"The biggest lesson I learned was to manage your debt and your capital stack very, very carefully. Give yourself multiple potential strategies with that loan.” - Ken Gee“Everyone knows you can make a ton of money in real estate, this is not a secret at all. But what most people struggle with is how do THEY do it?” - Ken Gee“It’s a business, not just an apartment.” - Ken Gee Resources Mentioned: KRIPropertiesKRI Property Management Too Big to FailYou can follow Ken on LinkedIn and visit https://www.kripartners.com/ and get your free e-book!Subscribe to the podcast on Apple, Spotify, and Google.Follow me on the following platforms: LinkedIn, Facebook, Instagram, and YouTubeTune In and Become Recession Proof!

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