From Residential Flips to Multifamily Mastery: Kris Morin’s Real Estate Journey

Welcome to another insightful episode of The Cashflow Project! Today, we have Kris Morin, a seasoned real estate investor with over twelve years of experience. Kris started during the 2009 recession, transitioning from house flipping to multifamily real estate, discovering its stability and scale. Kris shares his journey of reevaluating career goals, building a portfolio of 50 to 60 units, and overcoming misconceptions about residential real estate. We’ll explore the advantages of multifamily investments, the importance of networking and mentorship, and the current challenges in the market, such as rising insurance costs and interest rates.

Kris offers practical advice for busy professionals looking to invest in alternative assets. Tune in for valuable insights and learn how to elevate your real estate endeavors. Don't forget to subscribe, download, and share this episode to help us bring more high-quality guests to the show!

[00:00] Podcast discussing investing for cash flow in real estate.

[05:14] Took break, then bought and traded multifamily.

[06:58] Challenging commercial property transition not always necessary.

[11:09] Connect with diverse groups for business success.

[15:41] Real estate creates more millionaires every day.

[16:52] Becoming more visible and vocal locally takes effort.

[21:57] Unplanned expenses require real-time business adjustments.

[24:48] Long-term stability in real estate leads to success.

[28:11] Connecticut population declining, market shifts to appeal.

[30:49] Skilled in communication, storytelling, raising capital successfully.

[34:31] Consider passive real estate investment in multifamily.

[37:01] Connect with us for real estate investments.

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