136. From Mail to Mixed-Use: Turning a Post Office into a Multifamily Gem with Kenny Wolfe

ABOUT KENNY WOLFE Kenny Wolfe is an experienced multifamily syndicator, the Founder and CEO of Wolfe Investments, and the published author of “Investing in the Dream”, and “Your Quest to Financial Freedom." He invested in his first multifamily property in 2010 and instantly saw the potential for real estate to transform his life – allowing him to quit his day job and start a company.    Kenny has grown Wolfe Investments to over $715 million worth of assets under management. He has been a principal in over 9,000 multifamily units, $500MM in development projects, and $150MM in Triple Net assets. He holds a BBA from Baylor University and an MBA from the University of Texas at Arlington. Kenny currently resides in Plano, Texas with his wife, daughter, and son. When he’s not scouring the market for new deals, he enjoys discovering new vegan restaurants and rooting for the Broncos.        THIS TOPIC IN A NUTSHELL:  Kenny’s journey in real estate About Wolfe Investments Vertical Integration  Transition from Oil & Gas industry to real estate About the Downtown Dallas Deal Deal Metrics and Why it's a Great Asset Unit mix and commercial use  The project plan for this asset Hold period and Refinance Underwriting and Target returns Expectations on the Dallas market Long-term goals & projects of Wolfe Investments Criteria for Buying Deals  Taking Advantage of Interest rates when buying About his books: Your Quest to Financial Freedom His Book: Investing in The Dream Connect with Kenny       KEY QUOTE:    “It's not an operation thing. It's just a financial crisis that's causing this which is great, cause you know that you're buying at the right price. Even at these higher interest rates, you can make some really good money.” ‌         SUMMARY OF BUSINESS:   Wolfe Investments is a diversified private equity real estate firm focused on bringing valuable investment opportunities to our investors. Founded in 2012, Wolfe Investments began as a husband and wife company with a focus on multifamily real estate investments in the Dallas/Fort Worth area. We’ve expanded to include commercial real estate, real estate development, and hard money lending in our offerings in addition to multifamily. Our passion and purpose is to create passive income for our investors so that they can achieve their investment goals and ultimately become financially free.       ABOUT THE WESTSIDE INVESTORS NETWORK     The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.       The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.             #RealEstateWealth #RealEstateInvesting #MultiFamily #AssetManagement #TripleNetLease #Courthouse #PostOffice #ValueAddMultifamily #CommercialRealEstate #Underwriting #Author #InvestingInTheDream #YourQuestToFinancialFreedom #OilAndGasIndustry #Dallas #Texas #Inflation #HighInterestRates #GroundUpDevelopment #AlternativeInvestments #PassiveInvestment #RealEstateStrategy #FinancialFreedom #InvestmentOpportunities #InvestmentInsights #RealEstateTips #DealDeepDive #Syndication #JoinTheWINpod #WestsideInvestorsNetwork         CONNECT WITH KENNY: Website - https://wolfe-investments.com   LinkedIn - https://www.linkedin.com/company/wolfe-investments   Facebook: https://www.facebook.com/kennywolfe.investments   Instagram: @realkennywolfe               CONNECT WITH US     For more information about investing with AJ and Chris:   ·    Uptown Syndication | https://www.uptownsyndication.com/   ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/     For information on Portland Property Management:   ·    Uptown Properties | http://www.uptownpm.com   ·    Youtube | @UptownProperties       Westside Investors Network   ·    Website | https://www.westsideinvestorsnetwork.com/   ·    Twitter | https://twitter.com/WIN_pdx   ·    Instagram | @westsideinvestorsnetwork   ·    LinkedIn | https://www.linkedin.com/groups/13949165/   ·    Facebook | @WestsideInvestorsNetwork   ·    Tiktok| @WestsideInvestorsNetwork   ·    Youtube | @WestsideInvestorsNetwork