Cultivating the Relationship for Investment with Kent Ritter

Jul 12, 2021

Kent Ritter is the principal, with Hudson investing as the GP in over 500 units. Kent’s skill set as a multifamily operator drove his successful career as a Management consultant and start-up owner. He applies this skill set to transform apartment buildings and creates modern affordable housing for America’s workforce. 

Now having found Financial Freedom for real estate investing, Kent wants to help others do the same. He serves as a thought leader and educator through his podcast Ritter on real estate monthly networking events, Indianapolis multifamily investing meet-up, and his website www.kentritter.com  which acts as an informational hub for other investors.

Let’s listen to Kent and listen to his inspiring career path in real estate.

 

[00:01 – 05:14] Opening Segment

• Let’s get to know Kent ritter.
• Kent shares his background and how he got to where he is today.
• Kent’s current investing focus.
• Diversification in investment.

[05:15 – 12:39] Becoming an Active Investor

• Kent shares his journey and lessons being a passive investor for 3 years before finally pivoting to active investing,
• How he finds his spot in the GP team.
• • Building network and investment relation piece as a GP team.
  • Asset management piece.
• Understanding your market and the strategic questions to add value to the deal.

[12:40 – 19:09] The Capital Raise

• Kent talks about his first raise and deals when he was a GP for the first time.
• Shift people’s perspectives on how they view you.
• Raise money six months before you need them.
• The importance of building your brand in raising money
• Kent shares his big lesson learned of raising money when he was not meeting his goal.
• Meet people where they are in sharing knowledge on real estate.
• Why he gravitated more towards assets management?

 

[19:10 – 30:50] Cultivating the Relationship for Investment

• Kent’s networking strategy during the pandemic.
• Nurture the relationship for the following months to invest.
• Thought leadership platform.
• Kent’s marketing strategy.
• • Consistently communicating and building warm leads.
• Indianapolis Multifamily Investing Meetup.
• Being the main deal finder.
• Partner on a deal-specific basis.
• How real estate has given him the time freedom.

[30:51 – 34:35] Closing Segment

• If your great-great grandkids are to write a book about you, how would you like it to be titled? 
• • His Own Path
• Connect with Kent
• • See the links below. 
• Final words from Kent and me.

Tweetable Quotes:

“Understanding your market and the strategic questions to add values to the deal.” - Kent Ritter

“People won't just hand you money for raising capital unless you really shift the perspective of how they view you.” - Kent Ritter

“you should start thinking about raising money six months before you actually need the money by building your brand.” - Kent Ritter

 

Find out more and connect with Kent on Linkedin, Instagram, and visit his websites at www.kentritter.com You can also check out Ritter on Real Estate Podcast.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website https://smallaxecommunities.com/ and book a call with me.