Lets Get REAL Estate Podcast

Graduating Beyond Basement Apartments With Ken Bekendam Ep. 094

Danielle Chiasson Season 1 Episode 94

Meet Ken Bekendam, an inspiring real estate investor specializing in conversions. Leaving his job behind, he founded King Homes and ventured into design, architecture, land rezoning, and construction. 

In today's episode we discuss:

  1. Networking and helping others are crucial for scaling your business.
  2. Cities are focusing on intensification to address housing shortages by adding density and more units on existing land.
  3. Many investors make the mistake of underwriting a property based on its current state without exploring its highest and best use.
  4. Properties should be considered for their potential beyond their current state.
  5. Understanding city zoning bylaws is important to make informed investment decisions.
  6. Having a knowledgeable professional in the local market is essential because it's impossible for an investor in multiple markets to have comprehensive knowledge in each one.




About Ken Bekendam

Ken Bekendam is a dynamic millennial investor who started his personal investment journey in 2010. He specializes in adaptive reuse projects like church and commercial-to-residential conversions. Additionally, he's involved in land development, including a 66-unit stacked townhouse project in Brantford. As the full-time manager of his real estate portfolio, Ken assists hundreds of other investors with rental property renovations and multi-family conversions. He owns King Homes Inc, a development company, and co-founded Wyse Construction Group. Ken's hands-on approach extends to managing his own properties and raising his 6-year-old son on their hobby farm with a delightful menagerie of animals.

Connect with Ken Bekendam
Email:
kenbekendam@gmail.com
Website: https://legalsecondsuites.com/
Instagram: https://www.instagram.com/legalsecondsuites/
Facebook: https://www.facebook.com/people/Legal-Second-Suites/100086295136299/



Connect with Danielle Chiasson:

Website: https://letsgetrealestatepodcast.com/

LinkedIn: https://www.linkedin.com/in/daniellechiasson/

Facebook: https://www.facebook.com/DaniChiasson

Instagram: https://www.instagram.com/letsgetreal

TikTok: https://www.tiktok.com/@danichiasson

Book in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat