SA907 | The Passive Wealth From Distressed Multifamily Assets and Heavy Constructions with Alex Kingman

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 TopicsHow Alex discovered real estate investing and started house hackingThe impact of Robert Kiyosaki’s books on Alex’s life trajectory and perspectiveReasons why some investors choose to invest out-of-state instead of CaliforniaThe potential to scale and grow faster in multifamilyPros and cons of investing in heavy value-add and distressed propertiesBest places to find investors for deals involving distressed assetsGiving value and maintaining a relationship with investors from meetupsThe importance of focusing on your goals and having the courage to keep going in real estateResources & LinksRich Dad Poor Dad by Robert T. KiyosakiThe Book on Managing Rental Properties by Brandon Turner and Heather TurnerApartment Syndication Due Diligence Checklist for Passive InvestorAbout Alex KingmanAlex 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 AlexWebsite: KGI Capital - https://www.investwithkgi.com/ LinkedIn: Alex KingmanTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!