Florida vs Ohio: The Low Down on Multifamily Real Estate with Ken Gee, ep. 351

Listen in with co-host Jeannette Friedrich and Ken Gee, a seasoned real estate private equity expert with over two decades of experience and a portfolio that includes transactions valued at over $2 billion. Ken shares his unique insights into the contrasting real estate markets of Florida and Ohio, highlighting how strategic adaptations have driven his firm’s success. Here's what you'll gain: -Market Analysis: Understand the differences and opportunities in the real estate markets of Florida and Ohio, explained through practical examples. -Investment Strategies: Discover effective strategies for real estate investment and portfolio management that have been proven successful over billions in transactions. -Challenge Management: Gain knowledge on how to navigate and overcome various real estate investment challenges, such as insurance costs and market fluctuations. -Value-Add Techniques: Learn about the potential for rent increases and property improvements that drive profitability in multifamily properties. -Investor Relations Advice: Receive actionable advice on managing investor relations and capital raising to enhance trust and investment growth. -Economic Insights: Hear discussions on current economic factors affecting real estate, such as interest rates and supply issues, and how to strategically respond. -Practical Tips: Benefit from Ken's practical advice on acquisition strategies, underwriting, and managing transient tenant bases in competitive markets. By tuning into "Ready to Scale," you're not just listening to another industry conversation; you're equipping yourself with the knowledge that could pivot your investment approach and operational tactics towards greater success. With host Jeanette Friedrich and the acumen of Ken Gee, you're privy to a masterclass in real estate's fluid landscape. From deep dives into market specifics to comprehensive strategy outlines, this episode is poised to be a turning point for the proactive listener. Make sure to join us and transform these insights into your competitive edge in the ever-evolving real estate market. Prefer to listen in? View the transcripts here. Watch full episode here. Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. To reach Ellie & her team, email them at [e-mail] or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you. #multifamily #investing #realestate 00:00 Exploring Resort Communities vs. Single Family Homes 00:33 Welcome to Ready to Scale: Meet Ken Gee 01:39 Ken Gee's Unique Real Estate Focus: Florida and Ohio 02:10 The Journey from Cleveland to Florida: A Real Estate Evolution 04:14 Navigating Challenges in the Florida Real Estate Market 06:03 The Art of Value-Add in Multifamily Properties 06:40 Investor Relations and the Impact of Insurance Costs 09:03 The Strategy Behind Blind Pool Funds and Syndication 13:44 Best Practices for Real Estate Investment and Underwriting 18:40 The Role of AI and Traditional Methods in Property Analysis 20:19 Sponsor Segment: Ready to Scale with Blue Lake Capital 21:15 Navigating Supply Challenges in Florida's Real Estate Market 24:02 The Impact of Transient Tenant Bases on Property Management 27:28 Exploring the Influence of Geopolitics on Real Estate Investments 29:42 Advice for Multifamily Investors: Navigating Market Cycles 33:14 Lightning Round: Getting Personal with Ken Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening Music: Pomplamoose Learn more about your ad choices. Visit megaphone.fm/adchoices