Leveraging Property Tech with Kent Ritter EP #139
Real Estate Experiment
English - June 29, 2021 12:38 - 1 hour - 57.9 MB - ★★★★★ - 50 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
GUEST BIO
Kent is a Managing Director at Birge & Held Asset Management. Birge & Held is a multifamily private equity firm based in Indianapolis IN. Since 2008, They’ve acquired 15,000+ apartment units and currently hold $1.5 billion in assets under management. Their 12-year track record, vertical integration, and 8-hour rapid rehab process create unparalleled value for their investors.
Kent is dedicated to teaching others how to make good investing decisions. He is the host of the Ritter on Real Estate podcast and Youtube channel where he provides impactful interviews and practical tips for investors. Kent has achieved financial freedom, and now he is on a mission to empower others to do the same through multifamily investing.
HIGHLIGHTS OF THE EPISODE
01:38 – Background of the guest
03:28 – How it all started
07:38 – Roles of a Managing Director
10:59 – Private equity
13:14 – Affordable housing
18:56 – Tax Credit
KEEPING IT REAL
23:29 – Building relationships
33:16 – Establishing credibility
39:54 – The significance of social media
44:08 – PropTech (Property Technology)
54:18 – Why small multi-unit properties?
NOTABLE QUOTES (KEY LESSONS):
“The following up is the biggest thing, which is probably the easiest thing, but what people don’t do. Call them. Call, text, email, every couple of weeks. Just to stay top-of-mind. They talk to hundreds of people, probably a week. So, you’ve got to make sure you’re making an impression in some way.”
CONNECTING WITH THE GUEST