All Forum Posts by: Ken Breeze

I vote for version #4. Think Bigger.

First off: This journey will take time and it’s not for free - neither in time or money. I’m not going to sugar-coat this. No matter what strategy you choose, it will take some time for you to get your head around all of it. BUT, if you choose the right strategy, you can shorten the timeline immensely. Yes, lots of great advice can be gained here on BP and elsewhere for "free". But someday, as you will dive into your first juicy big deal, it won’t be enough. In the meantime...

Keep your JOB to qualify for financing for a fourplex to cash flow so that your rent is zero. Keep repeating this (cool eBook by no less than good ol' @Brandon Turner  "Seven Years to Seven Figure Wealth") while learning how to get into the much more scalable and bigger leverage game (OPM: Other People’s Money private investors, banks, mortgage and more) of commercial value-add multifamily (5+ units) investing asap. I know, that was a loooong sentence. I'll take it a notch further and add 2-3 zeros to the eBook's equation. Call me in seven years to see find out if I took too big of a bite ;-) 

All this may sound scary but really it’s not when you break it down. Like anything else in life, you can learn it. I can help with that and many other cool cats here on BP as well. There are tons to catch up on here in the forums, blogs etc. to build your foundational knowledge. Way back, I started with Peter Harris’ podcasts and “Commercial Real Estate for Dummies” book because he explains in plain English some of the fundamentals before we can get fancy. Keep in mind when processing all this info, you can only “save” so much of your own money. It’s very limited. But with commercial MF the sky is the limit or your self-set limitations.

I’ll be the “Party Pooper” today ;-) and say what many don’t want to say or hear because it’s tough but the right thing to do.

Seriously, do we really want to feed more into the education financing bubble? Both financially and what it allows youngsters to achieve in the “future”? “Rich Dad, Poor Dad anyone? Better yet, read “The Cashflow Quadrant. It will knock your socks off. I could write a few blogs on the broken educational and corporate system topic alone.

If junior wants/needs a car, he’ll need to work for it. If he wants/needs college, he should want to work for it. Earn it to deserve it. And become awesome on the way. It will be the multi-million dollar lesson of his life and make him stand out from thousands of others who are spoiled and will never make it to much in life because the mindset and attitude haven’t been formed in order reach and sustain success.

BOOM. That “saves” you money for a much better investment (see above for example) right there. Plus junior learns first hand what it really takes to build a (real estate) business. That’s more than most will ever learn.

And BTW, all this saving money talk won't get us anywhere any time soon. It's too small, too little, too slow. No offense to my SFR and small multifamily wholesale and flipper friends but it's barely scalable, and neither passive nor residual. Been there, done that but some of us are really running out of time. I'm not sure about you but I don't want to eat my cake in seven to ten years from now (I'm not thirty-something anymore). And even if, it better be a really big cake for all that "Failing Forward" (must read book, by John C. Maxwell) and lifetime sacrifice.

One of my mentors once said: “Play now and pay later or pay now and play for the rest of your life. Which one do you want?” Most choose the credit card bail-out version and crash. It’s just matter of time.

Check out some of  Gary Vaynerchuck's or Grant Cardone’s videos, they'll get very real very fast about all the small thinking with anyone who wants to get beyond the BS.

Again, all of the above are other people’s opinions, experience and comfort levels and needs to be taken a bit as general advice. We always need to mind the time of market cycle and market locations as well. You need to find your truth, your “why" and your goals. It’s a journey. It’s frustrating and exciting. I can just advise you to face the fears and do big anyway. Not blindly, but work on it and do it. Step by step. Every day a bit. Push yourself harder. Don’t think small. A four-plex and a 40-plex are the same work but there are more zeros on your check. A great book on this topic is “BOLD”, by Peter Diamonds. Get it now.

Feel free to PM me to carve out some time on my calendar to chat. Always happy to help - if you’re ready to pay now, to play later ;-)

P.S. There's a new quote by one of my mentors, Grant Cardone, that I picked up recently: "Don't get rich quick, get rich for sure."

Investieren in US Immobilien - Aber Wie?

Invest in US Multifamily Real Estate as a Foreigner - But How?

>>> We speak fluent English and German. Wir sprechen fliessend Englisch und Deutsch. <<<

>>> This event is happening in Cuxhaven, Germany at the location and time zone listed below.  Due to the Bigger Pockets format/input restrictions of international locations and time zones, I'm adding the time, date and location of this event below in Central European Time: <<<

Do tell us if we should hold German online events as well. 

Teilt uns mit ob ihr an einem online webinar interessiert seid.

GERMAN

Die USA haben mitunter immernoch die besten Immobilien Investitionsmoeglichkeiten in der Welt. Wir laden euch ein, in gelassener Runde in direkten Gesprächen, sich über die Moeglichkeiten und Vorgehensweisen mit Breezopoly, bit.ly/CallKenBreeze ein Gesprächstermin anmelden. Bitte Anmerken, dass bei uns nichts hochoffizieell und amtlich vorgeht, sondern eher freundschaftlich. Es ist uns wichtig, dass wir eine langfristige und partneschafliche Beziehung aufbauen.

• 5 PM CET time zone
• Schillerstrasse, 27472 Cuxhaven, Germany
• Cuxhavener Kaffeerösterei (Cafe)

Diese lokale Veranstaltung hat zum Ziel, Private-Equity-Investoren zu informieren und darüber aufzuklären, warum es sich lohnt, in US-amerikanische Mehrfamilienimmobilien zu investieren und wie man es funktioniert.

• Warum Mehrfamilien-/Apartment Immobilien?
• Warum in den USA?
• Wie geht das?
• Warum Ken Breeze und Breezopoly? 
• Vereinbare gerne mit mir ein Einzelgespräch, um uns besser kennerzulernen und deine Investitionsmöglichkeiten zu diskutieren.

Bis bald, Ken ;-)

ENGLISH

Due to the Bigger Pockets format/input restrictions of international location and time zone events above, I'm adding the time, date and location of this event below in Central European Time:

• 2 PM CET time zone
• Schillerstrasse, 27472 Cuxhaven, Germany
• Cuxhavener Kaffeerösterei (Cafe)

This local event has the purpose to attract and educate private equity capital investors on why it's profitable to invest in US multifamily real estate and how to go about it.

• Why real estate?
• Why in the USA?
• How does it work?
• Why Ken Breeze and Breezopoly?
• Reach out and schedule a personal one on one call at your nearest convenience.

>>> Wir sprechen auch Deutsch. Englischsprachkenntinise auf einer Konversationsebene sind emphelenswert, um die leicht erlernbaren Fachbegriffe zum Immobilien-Wortschatz hinzuzufügen, zu verstehen und einzusetzen.

"Investire niemals in etwas was du nicht verstehst."

Hey @Kathy Armstrong we've been frustrated with the FSBO list topic for a long time as well. Send me a DM and I might be able to point you to another solution. @Shequann Burrwell and @Stefan K. feel free to do the same.

Are you looking for motivated, qualified and up-to-date “For Sale By Owner” leads?

If you do wholesaling, seller financing, flipping, are a contractor, realtor, appraiser, home-inspector, mortgage broker, attorney, painter, house-, carpet- or window-cleaner, dentist, doctor or chiropractor these leads are for you. Why? Because these homeowners are moving and ready for your products and services.

Head on over to our landing page, and get 50 FREE FSBO leads just for signing up and helping us spread the news. Get another 50 FREE leads when telling us how to improve our service to you, so we can work on saving you hours and days of your valuable time; by gaining access to a ready-to-use list so you can focus on converting leads into new customers and closing more deals.

Cheers, Ken

Investieren in US Immobilien - Aber Wie?

Invest in US Multifamily Real Estate as a Foreigner - But How?

>>> We speak fluent English and German. Wir sprehen fliessnd Englisch und Deutsch. <<<

GERMAN

Die USA haben mitunter immernoch die besten Immobilien Investitionsmöglichkeiten in der Welt. Wir laden euch ein, in gelassener Runde in direkten Gesprächen, sich über die Möglichkeiten und Vorgehensweisen mit Breezopoly, LLC in den USA in "Multifamily Apartment" Immobilien zu investieren zu informieren.

Gerne erläutere ich auch in Einzelgesprächen Investitionsmöglichkeiten. Bitte bei bit.ly/CallKenBreeze ein Gesprächstermin anmelden. Bitte Anmerken, dass bei uns nichts hochoffizieell und amtlich vorgeht, sondern eher freundschaftlich. Es ist uns wichtig, dass wir eine langfristige und partneschafliche Beziehung aufbauen.

Bis bald, Ken ;-)

ENGLISH

Due to the Bigger Pockets format/input restrictions of international location and time zone events above, I'm adding the time, date and location of this event below in Central European Time:

• 2 PM CET time zone
• Schillerstrasse, 27472 Cuxhaven, Germany
• Cuxhavener Kaffeerösterei (Cafe)

This local event has the purpose to attract and educate private equity capital investors on why it's profitable to invest in US multifamily real estate and how to go about it.

• Why real estate?
• Why in the USA?
• Why Ken Breeze and the Breezopoly, LLC team?
• Where and how do we source sub-markets and off-market value-add opportunities?
• What is our buying criteria and why?
• How to handle capital transfers to the US.
• How to solve the foreign investment tax challenges?

Anyone interested in finding out who we are and why it's a good idea to invest with Ken Breeze and the Breezopoly team in USA multifamily real estate opportunities is welcome to reach out and schedule a personal one on one call at their nearest convenience.

>>> Wir sprechen auch Deutsch. Englischsprachkenntinise auf einer Konversationsebene sind emphelenswert, um die leicht erlernbaren Fachbegriffe zum Immobilien-Wortschatz hinzuzufügen.

Frei nach dem Motto: "Investire niemals in etwas was du nicht verstehst."

Hey @Zach Ogle

Welcome to the Bigger Pockets tribe!

Generally, I highly recommend using the awesome tools provided here on BP.

A few more tips to get started:

• Find and connect with other BP members that are in your area.
• Set up keyword alerts to be notified of the topics that interest you.
• Read Beginner’s Guide.
• Check out BP Podcasts.
• Find upcoming real estate events and meetups near you.

Upgrade your membership to search for members near you to meet on- or offline. If you'd like to tag someone in the conversation, type @ followed by their name and then select the name of that person that appears below the comments box. They will be notified of being tagged so that they can jump back into the conversation. Make sure you introduce yourself to a few people every week to grow your network.

I'm with @Ryan Swan on the cashflow challenge with small size real estate and would recommend scaling even higher right from the get-go since the numbers don't work very well in our experience before you hit the min. 65 unit mark (been there, done that).

Send me a PM should you be interested in learning by doing mid-size multifamily apartment investing. I'm always looking for new partners in various metropolitan areas to find and evaluate opportunities and grow a portfolio together.

Happy apartment hunting! Ken ;-)

@Kim Lisa Taylor and @Jillian Sidoti Bigger Pockets nation is lucky to have you. Thanks for jumping in every time this, for us real estate entrepreneurs, cryptic topic pops up. I'll be sure to reach out to you to pen my next deal ;-)

@Melissa Lee thanks for posing the question, @Todd Dexheimer, @Ryan Evans and @Fradel Schaechter thanks for contributing.

Are you looking for motivated, qualified and up-to-date “For Sale By Owner” leads? We have just that.

If you do wholesaling, seller financing, flipping, are a contractor, realtor, appraiser, home-inspector, mortgage broker, attorney, painter, house-, carpet- or window-cleaner, dentist, doctor or chiropractor these leads are for you.

Why? Because these homeowners are moving and ready for your products and services. Be it homeowners, sellers or people moving - they all need you in this moment of their journey.

Head on over to our landing page, and get 50 FREE FSBO leads just for signing up and helping us spread the news. Another 50 FREE leads if you tell us how to improve our service to you, so we can work on saving you hours and days of your valuable time; by gaining access to a ready-to-use list so you can focus on converting leads into new customers and closing more deals.

Cheers, Ken

Hi @Deborah Kennard, thanks for pointing that out to me. We updated the link to our FSBO Property Finder page. I suggest heading on over there to get started and to get back to me once you've covered the foundation. Talk soon, Ken ;-)

Hi @Carol Babb thanks for reaching out to us. Feel free to head on over to our updated page.