421: Cash Flow Is Great, But The Big Money Is Made In Appreciation

One of the challenges to properties in tough neighborhoods is that while expenses continue climb, rents don’t. Buying older properties can make sense, but mostly in better neighborhoods. What’s important is being able to add value that translates into higher rents and a higher sales price for the asset, where most of the returns are. Ken Gee, President and Founder of the KRI Group of Companies, started out with multifamily properties in Cleveland before entering the Florida market in 2015. Ken has always treated his tenants the way he likes to be treated and prospered as a result. Ken is meticulous in underwriting and managing his properties and has never lost investor capital.