There’s no doubt that apartment units are still considered the golden child when it comes to real estate investing. But is it the best option for you?
If you’re starting in your real estate journey, it is important that you know and understand what type of property you want to invest in. Being in real estate requires not only basic knowledge but a deep know-how born from years of years of experience.
To get a clear understanding on where to put and invest your money, gain wealth and financial freedom, then I encourage you to listen to today’s episode!
From developing to owning, our guest today has had a long and distinguished career in the real estate world! In this episode, John Brackett CEO – Chief Executive Officer of Fidelity Business Partners had the honor to interview Kenneth Holman, founder and president of Overland Group, Inc., and the National Association of Real Estate Investment Advisors (NAREIA)!
Kenneth will share his learnings from building over 2000 units and some of the key things he did to be successful in his business!
- Kenneth talks about his most favored asset class and what is he looking to pursue in today’s market
- Why apartments are a great investment
- What are triple net leases?
- How Kenneth evaluates the return on time, energy, and money in his career
- The Amazon effect and the challenges retail businesses are going through right now
- Opportunities in the hotel industry that Kenneth is seeing right now
- Kenneth’s takeaways from building over 2000 apartment units
- Key things that Kenneth looks for in a market for investments
- Building vs. finished products
- The two types of obsolescence
- Kenneth share’s his thoughts on build-to-rent apartments and multifamily
- Kenneth talks about his seminars and what he does to avoid mistakes in his business
Where to reach Kenneth Holman:
About our Guest:
Mr. Holman graduated from Brigham Young University in 1973 with a Bachelor of Science Degree in Accounting and from the University of Utah in 1974 with a Masters of Business degree. He began his career as a financial planner with Coordinated Financial Services, Inc. In 1976, Coordinated Financial Services split into two entities, CFS and Realvest, Inc., a real estate syndication and property management company.
Mr. Holman then began his real estate career with Realvest, Inc. After one year, he was hired by CFS as president of its property management company, Continental Property Management, Inc., with properties located in five states.
In 1978, he started his own real estate company known as Kenman Corporation, which, in 1989, changed its name to Overland Management & Realty Corporation. Overland Management & Realty Corporation has now evolved into the Overland Group, Inc., which comprises Overland Investor Solutions, RE/MAX Overland, Overland Construction, DaVinci Homes, Overland Capital, Overland Development and Overland Management.
Additionally, Overland has a land research company known as Land First, Inc., and an equipment leasing company known as Lease One Finance, LLC. Over the past 33 years, Mr. Holman has brokered, constructed, developed, financed managed and owned over a billion dollars of real estate assets. Mr. Holman is a member of several distinguished real estate organizations with certifications as a Certified Property Manager (CPM) with the Institute of Real Estate Management and a Certified Commercial Investment Member (CCIM) with the CCIM Institute.
He has served as Centerville City Councilman, founding member of Centerville-Farmington Rotary Club, Board of Director for the Davis County School Foundation Board, and past president of Utah Apartment Association. His real estate developments have won several prestigious awards, including the Salt Lake Downtown Alliance Special Achievement Award and two Envision Utah Merit awards for outstanding Planning and Design.
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Fidelity Business Partners, Inc.
6965 El Camino Real Suite 105-190
Carlsbad, CA 92009