Kenneth Sumners

Background

About Kenneth Sumners

You might have heard that real estate is a great way to build generational wealth, but how do you start? Or if you have started and are not seeing the kind of growth you expect, what might be wrong with your approach? Hi, I’m Kenneth Sumners, Principal of Sumners Capital. We are a private equity group who connects investors with opportunities. I went from owning 2 investment houses to over 500 multifamily units in under a year. I would love to help you learn how to do this as well. Passive investing in multifamily real estate is quite a unique investing experience for the uninitiated. Your job is to vet the team, vet the market, and vet the opportunity presented, and once those boxes are checked and you commit to a deal, there is not more work to do. Investors begin collecting “mailbox money”, which is cash flow that is shed from the income that the property generates. You can expect regular updates as to the status of the property, but other than that, sit back and enjoy the checks! When the time is right, the property will be sold, with the expectation that investors receive their initial investment back along with a nice return. Rinse and repeat! In 2013 the SEC created a rule allowing groups of investors to form a partnership to buy assets. This was being done before this rule by the wealthy, but was not available to typical investors. There are still some requirements to meet, but are much more attainable than the previous rules. If you want to learn more about how to get started as a passive investor in multifamily real estate, let’s chat. Setup a no-obligation introductory call with me, or send me a LinkedIn DM, email, or check out my website at SumnersCapital.com