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All Forum Posts by: Kent Kiess

Kent Kiess has started 15 posts and replied 66 times.

Post: Looking for a Real Estate Investing Coach

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

Great move on your part thinking of hiring a coach. With that said, you need to find one that fits your style and what your goals are for the year. One of my first coaches was for my mindset. I had to look past my past (pun intended) in order to see what I needed to do. This is a mind shift completely if you want to be successful. 

Write down what you want from a coach first and then go vet a person that works for you. 

Post: Where would you move to start building your real estate empire?

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34
Quote from @Jared Prevost:

@Nadine O.

I recently moved from Grand Rapids MI and I can tell you from a macroeconomic perspective, it's an excellent market to invest in. All 10 of the largest employers are in different industries, population growth of over 1% annually for the past few years and expected to continue, lots of small multifamily inventory, and really good submarkets. If you really want to invest in a cheap city, Muskegon is 40 minutes west of Grand Rapids on Lake Michigan and you can scoop up cash-flowing deals for $50k.

I previously helped manage an Open Door Capital mobile home park in Muskegon, if Brandon Turner is willing to invest there, it's probably worth looking into.

My problem with other midwest states, such as Ohio and Indiana, is that I don't see meaningful long-term appreciation. People are moving where there is a good lifestyle. In Michigan, you have the Great Lakes and a lot of beautiful natural areas and opportunities for outdoor recreation. (Keep in mind my Michigan bias... no one from Michigan likes Ohio haha).

I think the other considerations such as taxes, tenant friendliness, cost of living, etc are priced into real estate by other investors. I really don't find this info all that relevant - not enough to keep you in analysis paralysis.


 Go Buckeyes!! 

Post: Goals for end of 2021 and beyond

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

I would like to add 50+ units to my portfolio before 2021 and add another syndication deal for investors.  

Post: New Member, Near Grand Rapids, MI

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

Welcome to BP!! The best book to learn from but you have to get out there and do some deals. Don't be afraid to jump right in and go to work. Good luck

Kent Kiess

Post: Family looking for Rental in Brea, CA

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

Family looking for SFR with 3+ bedrooms, 2+ baths, 1500+ sqft and allow a dog. Please let us know if you have a rental in the area.

Thanks 

Kent Kiess

Post: 1031 Exchange in Toledo

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

Hello Danyel, we are looking into the toledo area for some multifamily investments. Would enjoy a conversation with you and what you see for the outlook for Toledo.  

P.S. I see you are in the Cerritos area. I'm in the Brea area but originally from the Toledo area. 

Kent Kiess

Post: Section 42 The good and bad!!

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

The good and bad about Section 42. Where to find or get into contact with those that do Section 42.  

Thanks

Post: Our 1 year journey to 22 units & $10,000/mo cashflow without OPM

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

Fantastic Jaideep, go big or stay home.  

Post: Out - of - State Investing

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

@Stephen Brown would enjoy having a conversation about Toledo. I keep running numbers and I’m not getting a good population growth or rent increases.

Thanks

Post: Out - of - State Investing

Kent Kiess
Posted
  • Rental Property Investor
  • Brea, Ca
  • Posts 70
  • Votes 34

@Marc Rice I would be interested in seeing that map also.

Thanks Marc