Have you ever wondered how a couple's journey in real estate investing led them from house hacking to multifamily syndication, transforming challenges into opportunities along the way?

In this compelling episode, Angel Williams sits down with Alex Kingman, a seasoned real estate investor with a rich background in transforming properties and scaling investment ventures. From their initial house hack to venturing into multifamily properties and navigating the complexities of the real estate market, Alex shares invaluable insights and personal experiences. This episode is a treasure trove of strategies, lessons learned, and the power of teamwork in real estate investing.

Alex is the Director of Investor Relations at KGI Capital. Her company helps high-income and high-net-worth individuals invest passively in apartment buildings so that they can reduce their tax burden, grow passive wealth, and live life on their own terms. KGI capital invests in 20-100 unit distressed multifamily properties and redevelopment projects in the Southeast and Midwest. To date, they have acquired 253 multifamily units and have $30MM in assets under management. Before going full-time into real estate, Alex was one of the top Airstream salespersons in the country. She is located in the San Francisco bay area and is a mother of two girls.

[00:00:00 - 00:03:00] The Genesis of a Real Estate Journey: 

• The importance of leveraging personal skills in real estate.

• How house hacking can serve as an effective entry point into real estate investing.

• The role of creative problem-solving in property renovation.

[00:03:00 - 00:06:00] Scaling Up: From House Hacks to Multifamily Investments: 

• The advantages of scaling to multifamily investments.

• Learning from early investments to make smarter future choices.

• The significance of partnerships and networking in real estate.

[00:06:00 - 00:09:00] The Impact of Construction Expertise:

• The competitive edge of having construction expertise in real estate.

• How to scrutinize contractor bids effectively.

• Strategies for managing renovations and controlling costs.

[00:09:00 - 00:12:00] Navigating Economic Fluctuations:

• The importance of resilience in the face of economic fluctuations.

• Strategies for maintaining property performance during downturns.

• The unexpected impacts of external events like fires on property management.

[00:12:00 - 00:15:00] The Future of Real Estate Investing:

• Insights into investor behavior in changing markets.

• The importance of adaptability and forward-looking strategies.

• Predictions for the real estate market and investment opportunities.

Quotes:

"Our first foray into real estate was through a house hack, transforming a duplex into something more, all while navigating living in a tiny space. It was our hands-on introduction to the world of property investment." - Alex Kingman

"Despite the economic uncertainties, our properties have shown remarkable resilience. This unexpected stability has been a testament to the robustness of our investment strategy and the hard work put into our properties." - Alex Kingman

 

Connect with Alex Kingman:

Website: https://www.investwithkgi.com/

LinkedIn: https://www.linkedin.com/in/alex-kingman-033815241/ 

Instagram: https://www.instagram.com/alexkingman/

 

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