We were lucky to catch up with Kevin Williams recently and have shared our conversation below.
Kevin, appreciate you joining us today. Coming up with the idea is so exciting, but then comes the hard part – executing. Too often the media ignores the execution part and goes from idea to success, skipping over the nitty, gritty details of executing in the early days. We think that’s a disservice both to the entrepreneurs who built something amazing as well as the public who isn’t getting a realistic picture of what it takes to succeed. So, we’d really appreciate if you could open up about your execution story – how did you go from idea to execution?
Once upon a time, Kevin Williams and his good friend and fellow veteran, Jeffery , both experienced real estate investors, decided to combine their expertise and strengths to create WBH Property Acquisition. It all started with a shared passion for real estate and a desire to build something greater together.
The idea was born during a casual conversation, where Kevin and Jeffery realized that by joining forces, they could leverage their individual skills and resources to create a more robust and successful real estate investment business. The next steps were crucial in turning this idea into a reality.
The next day, Kevin and Jeffery sat down to outline their vision for WBH Property Acquisition. They discussed their goals, target market, and the unique value proposition they wanted to offer to clients. They spent days brainstorming and refining their business plan, focusing on the key steps needed to launch the business successfully.
Over the following weeks, Kevin and Jeffery dove into market research, analyzing trends, competition, and potential opportunities in the real estate industry. They identified target properties, developed strategies for acquisition and renovation, and established a network of partners and investors to support their venture.
In the months that followed, Kevin and Jeffery worked tirelessly to set up the necessary infrastructure for WBH Property Acquisition. They secured funding, established legal entities, and built a strong presence to attract clients and investors. They also focused on building a strong team of professionals to handle property management, renovations, and client relations.
As the year progressed, WBH Property Acquisition officially launched, marking the culmination of months of hard work and dedication. Kevin and Jeffery’s collaboration had turned their shared vision into a thriving business, offering high-quality real estate investment opportunities to clients.
Through their partnership, Kevin and Jeffery had successfully navigated the transition from idea to execution, overcoming challenges, making strategic decisions, and laying the foundation for a successful and sustainable business venture. WBH Property Acquisition was now a reality, a testament to their determination, teamwork, and entrepreneurial spirit.
Awesome – so before we get into the rest of our questions, can you briefly introduce yourself to our readers.
My name is Kevin Williams and I am the founder of WBH Property Acquisition. I have always had a passion for real estate and investing, which led me to pursue a career in property acquisition.
At WBH Property Acquisition, we specialize in acquiring distressed properties, renovating them, and either selling or renting them out. We provide a range of services including property evaluation, renovation, and property management. Our goal is to provide our clients with high-quality properties that meet their needs while also maximizing return on the investment.
What sets us apart from others in the industry is our attention to detail and dedication to our clients. We go above and beyond to ensure that every property we acquire is in good condition and meets the highest standards. We also take the time to understand our clients’ needs and work closely with them to find the perfect property for their investment goals, and we also offer owner financing to qualified buyers.
I am most proud of the relationships we have built with our clients over the years and the success stories we have been able to create together. We want potential clients to know that when they work with WBH Property Acquisition, they can expect professionalism, expertise, and a commitment to excellence in everything we do.
We’d love to hear the story of how you turned a side-hustle into a something much bigger.
Yes, this started as a side hustle for me and eventually turned into a full-time deal. I initially began investing in real estate as a side project while working a full-time job. I started by purchasing a few properties and renovating them, then either selling or renting them out for profit.
As I continued to see success with my real estate investments, I collaborated with a good friend and fellow veteran and created WBH Property Acquisition. This decision forced me to dedicate more time and resources to expanding the company and acquiring more properties.
Some key milestones in the collaboration and birth of WBH Property Acquisition resulted in acquiring larger and more profitable properties, building a strong network of investors and partners, and expanding our range of services to meet the needs of our clients. Additionally, establishing a solid reputation for quality and reliability in the industry has been crucial in attracting new clients and growing our business.
Overall, the journey from a side hustle to a full-time career has been both challenging and rewarding. It requires dedication, hard work, and a willingness to take risks, but it has ultimately led to the success and growth of WBH Property Acquisition.
What’s a lesson you had to unlearn and what’s the backstory?
One lesson that I had to unlearn in my real estate career with WBH Property Acquisition was the importance of thoroughly researching and understanding the local market dynamics before making investment decisions.
There was a situation where we had a sales agreement for a property in a prime real estate area that I was unaware of at the time. The buyer we were working with had the property listed for sale before we closed the deal, which raised some red flags for me. It turned out that the area was undergoing a significant revitalization and property values were rapidly increasing, making it a highly desirable location for investors.
This experience taught me the importance of doing thorough due diligence on the market trends, potential competition, and overall investment potential of a property before finalizing any deals. I realized that it is crucial to stay informed and constantly educate myself on the local real estate market to make informed decisions and maximize our investment returns.
Moving forward, I made it a priority to always conduct extensive research on the market conditions and factors influencing property values in any area we are considering for acquisition. This has helped us make more strategic and successful investment decisions and avoid potential pitfalls like the one we encountered in that situation. It was a valuable lesson learned that has since helped us grow and thrive in the competitive real estate industry.
Image Credits
K Williams Photography