They created a very simple five-year plan that focused on industrial real estate, and some family planning. It went something like this: "property, baby, property, property, baby". And it worked! They were able to ditch their jobs as UCLA professors, and have enough money and time to enjoy their growing family. In this episode, Kim Hopkins joins Kathy Fettke for an animated conversation about a life-changing decision to get into real estate after spending years earning a PhD. But there are no regrets. Kim and her husband, Ben, have now met their five-year goal for "properties and babies" and are working on a plan for the next five years. You'll hear about what they've done with real estate, the kind of lifestyle they've created for themselves, and how they are trying to figure out what comes next. You'll be inspired by Kim's exuberant personality, and how she has learned to elevate her lifestyle by delegating to other people what she herself would prefer not to do. Kim co-founded an investment company in 2014 called Iron Peak Properties. Kim is in charge of strategic planning and asset acquisitions. Just four year before, she had earned her PhD in Mathematics at the University of Texas in Austin. Although she quit her professorship, she makes use of her math skills for algorithmic number theory and analysis at her company. Iron Peak owns and manages more than 350,000 square feet of real estate in Oregon, Washington, Utah, Texas and Arizona and focuses on multi-tenant industrial properties. A big part of any investment plan is deciding what kind of real estate you want to buy. At RealWealth, we focus on single-family rentals, both rent-ready and build-for-rent. You can find out more about how we can help you by joining RealWealth for free. Qualified members can also speak with our investment counselors. The consultation is free and without obligation. Please remember to subscribe to our podcast and leave us a review! Thank you!

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related