Aug. 3, 2020

International Investing with Billy Keels

Learn about the benefits of investing internationally specifically in the US market, find out investment strategies that have brought him steady cash flow as well as long-term stability, and learn how to attract capital, the right person, and finding the...

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Property Profits Real Estate Podcast

Learn about the benefits of investing internationally specifically in the US market, find out investment strategies that have brought him steady cash flow as well as long-term stability, and learn how to attract capital, the right person, and finding the best opportunities.

 

Resources/Links

Summary: 

In the last 24 years, Billy Keels has had the opportunity to work and travel in 86 countries, learn and fluently speak 5 languages, and has lived in 3 European countries. With this personal growth experience, he also had the opportunity to develop professionally by leading multi-disciplined teams and managing businesses over $70M in the application software sector. Billy has earned his stripes as a true problem-solver as well as a team and consensus builder which are skills he’s carried into his new entrepreneurial life.

And more importantly, Billy is also a very successful and astute real estate investor, living in Europe, but doing his deals far from where he lives! In this episode, Billy shares his ideas on which countries to best invest in terms of speculating for future sales at the same time enjoying cash flow. He emphasizes the need to gain more control of your financial life through real estate (even if you have a great corporate job).

Topics Covered: 

  • 01:35 – He’s living in Europe but he’s investing in the US. Why so- what are the benefits 
  • 04:30 – How does real estate investing look like in Europe 
  • 07:51 – On getting himself out there, having the right team, and finding the best opportunities 
  • 10:34 – What investment strategy does he focus on 
  • 12:07 – Two ways you can ride along for larger multifamily opportunities 
  • 13:08 – What is his platform’s primary focus these days 
  • 14:36 – Having that proof of concept, attracting capital, and attracting the right people 
  • 17:26 – What is an alignment of purpose with the right person 

Key Takeaways: 

“Investing in the US was about figuring out how do I live where I really love living which is here in Europe and gain more control over my financial life, and that was being able to invest in cash-flowing assets which I have much better control of.” – Billy Keels 

“In Europe, they were very much appreciation-based markets, buy low, sell high, or buy low and hold on forever, and hope that the value of the place goes up from several different types of appreciation.” – Billy Keels 

“It’s difficult when you have your investor cap on because when you invest, you make sure that you’re creating not just the cash return but you want to get your return on the capital. I think it’s much easier to find those types of opportunities that create cash flow in the US market, which is one of the reasons that I’ve decided to continue to do that.” – Billy Keels 

“I purchased a couple of smaller multifamily properties, duplexes, quadplexes, things like that, and then had an opportunity to buy a mobile home park. And so, the properties initially were on the East Coast of the United States in the state of New Jersey. I think at a certain point when you are ready to get started, you just have to get started, you can’t keep reading books.” – Billy Keels 

“I know what it’s like to go from beginning to end of the transaction, what it’s like to build the relationships. And from that, aside from having the proof of concept, I know for sure that it’s about being able to understand what the person in front of me is looking to achieve. It’s not always about the money.”  – Billy Keels 

“I believe when there’s a misalignment of what your project does with what the person wants to do, it never works, like walk away, don’t even try it.” – Billy Keels 

Connect with Billy Keels:  

 Connect with Dave Dubeau: 

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