Raising A Billion Dollars with Ellis Hammond

Why Going BIGGER in Real Estate is Easier with Ken and Rachel Wick

Episode Summary

Ken and Rachael Wick have been in the education industry for a combined 54 years in addition to real estate acquisitions which began in 2003. Both have Master’s of Educational Technology degrees and a desire to help others learn. Rachael taught art for 24 years which included chairing the District Art Department, showing her student’s work via numerous art shows, and organizing community art and culture events with various community members and artists of all types. Ken began teaching History, Geography, and Computer Applications in the days before the Internet became widely available. He eventually moved out of the classroom into IT Management for a 1600 student, 250 staff, 4 campus school district just south of the Twin Cities. Ken has been a lifelong coach and advocate the benefits of athletics and fitness. Their real estate investment properties have included multifamily and single family homes. The team’s experience includes using a variety of creative financing methods to acquire properties, personal and contracted renovation skills, and first hand experience with property and tenant management. Since leaving education, Ken and Rachael’s top priority has been to acquire large multifamily properties through syndication which have above average returns for investors.