10. What’s Your Portfolio Theory with Kent Ritter
Manage episode 350373220 series 3420528
Do you get a sense of community, transparency and a low risk/high return product in the stock market? Probably not! In this podcast, Kent Ritter, Multifamily Investor and Entrepreneur explains how investing in multifamily apartments provides all this and more.
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- Kent became a real estate investor because he recognized the need to diversify his investment portfolio and found real estate to be the best option.
- After investing in many different real estate assets, Kent landed on multifamily apartments because the investment can be scaled, there is a high demand for a place to live, its value increases, it keeps up with inflation and it has the flexibility to adjust to different market conditions.
- With apartment investments, the risk involved is considered and factored into projected returns. This makes the chance of getting the returns stated much higher than other types of investments.
- It is becoming more costly to own a home than it is to rent. As this gap widens, so does the need for apartment living.
- Three things that multifamily apartment sponsors should deliver to investors is community, investor experience and product performance. It can be lonely to become an investor outside of Wall Street but when you invest in multifamily apartments, you become part of a community of like-minded people where you can find reassurance and a lot of help along the way.
QUOTES
“I was looking for a way to diversify my assets. I had everything in the stock portfolio so I felt like I was sitting there with all my eggs in one basket. And I knew, because I was a finance major in college and I learned about portfolio theory, that that wasn't the right way to set up your allocations…Ineeded to find a way to diversify and find something that could provide some great returns and then some tax savings and real estate was checking all those boxes for me.”
“It's about more than just providing properties but it's about creating a community of like-minded folks. I think being an investor, especially investing in alternatives, can be a lonely endeavor. There's not a lot of people that understand it. There's not a lot of people that do it. There are not a lot of friends you can talk to about it that understand.”
ABOUT KENT RITTER
Kent is a former management consultant, corporate executive and startup owner. After successfully exiting his first company, Kent turned his focus to real estate. Now, Kent is the CEO of Hudson Investing, a multifamily investment firm which helps busy professionals scale and diversify their real estate portfolio with cash flowing, wealth building assets. He is also the host of the popular podcast called Ritter on Real Estate.
CONNECT WITH KENT
Website: kentritter.com
Podcast: https://www.kentritter.com/podcast
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Learn more about passively investing in apartment buildings:
Website: hansenholdings.com
Free Webinar Training: hansenholdings.com/webinar
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