057: Ken Gee | Plan, Learn, Re-Evaluate, and Adjust
JUN 18, 2021
Description Community
About
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 Segment
Ken gets right into his background and what he learned from the last recession
What went wrong?
Takeaways 
[08:01 – 30:00] Plan, Learn, Re-Evaluate, and Adjust
What Ken does to protect the downside
Be ready to re-evaluate and adjust your plans based on what you learn
Things WILL change 
Key things to keep in mind during the renovation process
Ken’s advice on analyzing the risk getting to the upside of a deal 
Risk adjusted returns
The 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 it
Advice 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] Summary
Final 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: 
https://www.kriproperties.com/ (KRIProperties)
http://kripropertymanagement (KRI Property Management )
https://www.amazon.com/Too-Big-Fail-Washington-System/dp/0143118242 (Too Big to Fail)
You can follow Ken on https://www.linkedin.com/in/geekennetha/ (LinkedIn) and visit https://www.kripartners.com/ (https://www.kripartners.com/) and get your free e-book!
Subscribe to the podcast onhttps://podcasts.apple.com/us/podcast/recession-proof/id1484472973 ( Apple),https://open.spotify.com/show/2MV6OkJ598NYN3llRjSgGv ( Spotify), andhttps://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5jYXB0aXZhdGUuZm0vcmVjZXNzaW9uLXByb29mLw ( Google).
Follow me on the following platforms:https://www.linkedin.com/in/sam-newell-70336642 ( LinkedIn),https://www.facebook.com/samuelcn ( Facebook),https://www.instagram.com/samnewellrealestate/ ( Instagram), andhttps://www.youtube.com/channel/UCClcLF9jO5jqJb8LDK7VDlw?view_as=subscriber ( YouTube)
Tune In and Become Recession Proof!
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