How to reduce risk when investing passively in multifamily with Alex Kingman | Know your Why #259

EPISODE SUMMARY: Join us for a captivating conversation with Alex Kingman, the mastermind behind investor relations at KGI Capital. Alex's journey through real estate investing is an inspiring tale of grit and determination - from house hacking her way into the sector to managing 20 to 100 unit properties. With a keen eye for distressed properties in Jacksonville, Florida and Northern Indiana, she evinces an unmatchable zeal for growth. What's more? Her deep-rooted passion for helping others live their best life through real estate investment, and her enduring perseverance in the face of adversity, are sure to ignite your entrepreneurial spirit. We delve into Alex's unique strategies for building her portfolio, spotlighting her knack for finding MLS deals and expanding her investor database. Working her way up in the world of real estate wasn't a walk in the park, but Alex's story is a testament to the power of strong relationships and partnerships in the investment arena. As the director of investor relations at KGI Capital, she shares her experiences of connecting with new investors, building an extensive network, and the secret to striking the right balance between her professional and personal life. The final segment of our chat with Alex showcases the importance of having a powerful "why" and the role it plays in staying motivated. Learn from her how to persevere and keep pushing towards your goals, no matter the hurdles. With a strong belief in living life to the fullest, Alex gives us a peek into her life outside of work where she enjoys writing music and hiking. Tune in for an enlightening, inspirational conversation that promises to leave you with some major insights into the world of real estate investing. ALEX BIO: 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 and heavy value-add multifamily properties in the Southeast and Midwest. To date, they have acquired 80 multifamily units and have $10MM 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: https://www.investwithkgi.com/ https://www.instagram.com/alexkingman/ https://www.facebook.com/alex.kingman.503 https://www.linkedin.com/in/alex-kingman-033815241/  https://www.youtube.com/channel/UCNZpoN6Wse6sIVwvhhdgoIg EPISODE CHAPTERS: (0:00:00) - Real Estate Investing and Growth Alex and her partner transitioned from house hacking to investing in commercial multi-family real estate, inspired by Robert Kiyosaki's Cash Flow Game. (0:11:05) - Building Relationships and Expanding Investor Database Alex Kingman shares her journey in real estate, discussing house hacking, building relationships, finding deals, and growing a portfolio. (0:16:46) - Effective Strategies for Building Investor Relationships Alex emphasizes networking, LinkedIn, email lists, and podcasts to build relationships with investors and stresses the importance of understanding strengths and following up. (0:25:48) - Living Your Best Life Alex Kingman discusses taking action, staying motivated, balancing professional and family life, and her hobbies of writing music and hiking. If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/