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Going Long Podcast with Billy Keels

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  2. Attain Total Financial Freedom By Investing In The Dream - Kenny Wolfe

Attain Total Financial Freedom By Investing In The Dream - Kenny Wolfe

Oct 27, 2020

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong



Episode 49: Attain Total Financial Freedom By Investing In The Dream

 

In the conversation with today’s guest, Kenny Wolfe, you’ll learn the following:

 

  • [00:30 - 02:04] Kenny’s profile, in Billy’s guest introduction.
  • [02:04 - 03:12] The backstory and life journey of Kenny up to today, in his own words.
  • [03:12 - 05:15] Why Kenny first decided to get into Real Estate.
  • [05:15 - 07:30] Kenny explains the term “Value Add” and how to go about getting into Value Add opportunities.
  • [07:30 - 10:00] How to increase value by increasing N.O.I. (Net Operating Income).
  • [10:00 - 11:50] Kenny explains Economic Occupancy versus Physical Occupancy.
  • [11:50 - 14:07] What Kenny is doing to attract the right kind of people, who will benefit from getting involved with Wolfe Investments.
  • [14:07 - 16:02] Kenny’s reasons for Going Long and investing in market locations beyond Texas.
  • [16:02 - 18:13] What to look for in the demographics of different market locations, which signals that they will be good locations to invest in.
  • [18:13 - 21:42] How to align yourself with the right team for a specific project.
  • [21:42 - 23:25] How to structure a deal to provide a certain kind of return.
  • [23:25 - 25:38] How to manage an investment business which is active in multiple market locations with their many different dynamics.
  • [25:38 - 28:00] When it is the right time, and makes sense, to go Vertically Integrated.



Here’s what Kenny shared with us during today’s conversation:



  • Where in the world Kenny is currently: Plano, Texas..
  • Favourite European city: Paris, France.
  • The best thing to happen in the past 24hours: Spending the weekend spending time with family and enjoying the pool!
  • A mistake Kenny would like you to learn from so you don’t have to pay full price for it: Be aware and educated on all potential issues and risks of any investment opportunity you are moving into, with Student Housing having been a particularly troublesome investment for Kenny.
  • Book Recommendation: Snowball, by Warren Buffett.

 

Be sure to reach out and connect with Kenny Wolfe by using the info below:

 

by going here : https://www.amazon.com/Investing-Dream-Acquire-Multi-Family-Financial-ebook/dp/B07BTKDD9Q



Start taking action TODAY so that you can gain more Education and Control over your financial life.

 

To see the Video Version of today’s conversation just CLICK HERE.

 

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong

 

Be sure to connect with Billy!  He’s made it easy for you to do…Just go to any of these sites: