The Unique Investing Niche That Helped Kyle Renke Close 45 Transactions in His First Year

Agent Investor Podcast

Doing 45 deals and $25 million in volume in the first year of real estate is a phenomenal and rare achievement. For Kyle Renke, this level of success was made possible by carving out a niche, and not shying away from the investing conversation.

Many agents think tapping into the investing world is going to hurt their real estate sales, but it can be the secret to generating leads and turbo-charging the entire business.

Investing and real estate sales can work together to create a unique value proposition that allows us to scale quickly in our markets and open doors to more opportunities.

How can we use a niche like house-hacking to stand out in our market and bring value to our communities? Why is there so much opportunity in combining an investing niche with a traditional real estate business?

In this episode, I’m joined by the leader and architect of The David Greene Team Sacramento, Kyle Renke. He shares how he achieved a phenomenal level of success in his first year as a full-time agent.

"The biggest differentiator between people who want to invest and people who are already investing is merely taking action." -Kyle Renke

Three Things You’ll Learn In This Episode

• How to use house-hacking to kickstart your investing
  House-hacking is a simple way for people to get into their first investment property, especially in higher price markets. In this model, an investor buys a home, lives in one part of it while renting out the other part. You get access to a primary residence loan as opposed to an investment model. This model also allows you to reduce your living expenses, making it the perfect foundation for financial freedom.
  
• How Kyle Renke leveraged a unique niche to boost his real estate business
  A huge portion of Kyle Renke’s real estate leads came from carving out space in the house-hacking niche and building a community and tribe around it through Meetup groups. By giving value to people who want to get into investing, and becoming a connector in that niche, he has created massive credibility and visibility as an agent.
  
• Why the resistance to investing is a mindset block
  Most of the time, people are afraid of investing because it seems extremely risky. When people buy a home for themselves, there’s a bigger risk than investing in a property that’s going to generate income. To start investing, we have to shift our mindset to see the opportunity.

Guest Bio:

Kyle Renke is the leader and architect of The David Greene Team Sacramento. He is quickly building the most efficient top-producing real estate team in the Greater Sacramento area. In his first year of full-time real estate, Kyle worked his way up to the Top 2% and Top 500 Realtors in Sacramento, Placer, and El Dorado Counties.

One of the many facets that allowed him to achieve and maintain a high level of performance is his relentless desire for self-improvement. Kyle constantly seeks to sharpen his skills and build his real estate team to continue to provide a high level of service.

For more information, visit https://kylerenke.com/