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Ep #240: How This Family Run Business Has Built a Portfolio of 3,500+ Doors and Continues to Dominate the Kansas City Market — with Jesse Worcester

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Synopsis

In this episode of the Real Estate Investing for Cash Flow podcast, Kevin talks to real estate and multifamily expert, Jesse Worcester. Jesse is the co-founder of Worcester Investments, a family owned real estate company based in Kansas City, Missouri. He also sits as director of fundraising for capital, building and maintaining investor relationships. In this podcast, Jesse talks about the market in Kansas and why Worcester Investment decided to move their business from Oregon to the midwest. Jesse describes value investing and the intrinsic value of real estate dependent on things that can be controlled instead of speculation. He explains why he prefers a vertical structure to outsourcing property management and construction. Jesse also offers some perspective on hiring and management, and even recommends books that helped him develop his philosophy on real estate.   QUOTES: “The most boring average markets often times are where you’re going to see your greatest cash flows assuming it’s not a dying city