Streams to Impact

REIA 385 Charles King: From Door-to-Door sales to Multifamily Investing Success


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Charles King, better known as Chad, began his professional career as a salesman for Xerox.  Within two years, he became a top producer.  While generating a 6-figure income from sales, he simultaneously studied successful individuals who possessed tremendous wealth.  He came to realize they all shared the commonality of real estate.  With that awareness, he jumped feet first into single-family wholesaling, fix/flip, completing over 400 deals in three years. This didn’t provide the freedom and prosperity he dreamed of.  After finding the missing link he’d always been searching for, he transitioned to multifamily.  Through leveraging partnerships and syndications, Chad developed the financial freedom he’d dreamed of.  Today he owns several companies, and is an accomplished investor, coach, mentor, and teacher.   

Main point:

  • Many professionals have spent fortunes in education and training to attain positions and recognition in their fields.  They've done so because they have a calling to serve and find fulfillment in their work.  They're engaged and, though fulfilled, often swamped with professional and family obligations.  What would provoke them to take on real estate investing as yet another demand on their attention and time?
  • Many professionals have, what is often considered generous retirement plans both company plans and private 401K and IRAs. Are those not sufficient to build wealth, provide a comfortable retirement, and even leave a legacy for their children?
  • Where is a good place to begin if a successful professional with a comfortable lifestyle and rewarding career decides to explore further growing their wealth through real estate investing?
  • Once a starting point is found, what suggestions do you have for a fulfilled professional, whether an educator, health care provider, architect, engineer, or whatever, to remain engaged in their career and simultaneously develop wealth through real estate investing?
  • Do you have any stories of fulfilled professionals you've taught or coached who have successfully navigated the waters of professional engagement and real estate investing?
  • You had a fulfilling professional career in sales.  Even though you still engage in sales, you left sales as a full-time profession.  When you decided to leave Xerox, you burnt the bridges, jumped in feet first, and hit the ground running.  What advice would you share with other professionals who might be considering leaving their professions and going into full-time real estate investing?

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Streams to ImpactBy Allen Lomax

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