In this episode, Alex Kingman proves that undervalued and troubled properties can transform into steady income-generating assets! Dive into our conversation as Alex talks through the risks and upsides of doing heavy value-add into distressed multifamily communities, building good connections with investors, and the main reasons to consider investing out of your backyard.
Keep tuning into this show and begin visualizing a fulfilling life through passive investing in real estate today!
Key Points & Relevant Topics
- How Alex discovered real estate investing and started house hacking
- The impact of Robert Kiyosaki’s books on Alex’s life trajectory and perspective
- Reasons why some investors choose to invest out-of-state instead of California
- The potential to scale and grow faster in multifamily
- Pros and cons of investing in heavy value-add and distressed properties
- Best places to find investors for deals involving distressed assets
- Giving value and maintaining a relationship with investors from meetups
- The importance of focusing on your goals and having the courage to keep going in real estate
Resources & Links
About Alex Kingman
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.
Get in Touch with Alex
To Connect With Us
Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!