Successful Investor, Former J.P. Morgan Chase Bank

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Hello everyone,

My name is Ken and I have been working in real estate for over three decades. I own several portfolios across the Baltimore City and Washington, D.C. Metro markets. In addition to my investments, I manage several properties and condo associations. I will be more than happy to answer any questions about commercial real estate. 

Ask me anything!

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@Tyler Kastelberg

The biggest pain point with real estate is the tenant. If you have a good tenant, everything runs smoothly. If you have a tenant that is less than stellar, you have problems all across the board. Tenants complain about the smallest items and it costs significantly more than it is sometimes worth to maintain a tenant’s happiness in a property. Unfortunately, you then have a catch-22 in that you don’t want to get rid of the tenant because of the cost of lost rents and to replace the tenant, but if you keep the tenant, the tenant could slowly bleed you dry financially.

Outside of having bad tenants, I really do not have a “pain point”. So long as you proactively keep the property in good shape, and maintain thorough paperwork for regulatory purposes, you should be fine. One of the biggest misconceptions I see is that the expectations of an investor is that real estate does not need regular attention.