Every building tells a story etched in its concrete and steel skeleton. Each is a testament to human ingenuity and ambition, standing tall against the city skyline. But for Boris Sanchez, a successful entrepreneur and real estate mogul, the narrative runs deeper than just structural aesthetics.
His love for real estate lies in the blueprint of potential that each property beholds, in its narrative of transformation from bare bones to bustling livelihood. That’s why Sanchez doesn't just build or renovate properties. He shapes experiences, giving life and meaning to the cold, impersonal edifices.
And that’s why Boris Sanchez is not just another name in the world of commercial real estate. He is a ground-breaking figure, a maverick who combines audacious investments, sustainable practices, and an extraordinary knack for transforming ordinary spaces into stunning structures.
"When I look at a building, I see more than brick and mortar. I see potential, a living, breathing entity with its own tale," Sanchez explains. "Then it’s about aligning the vision, balancing the books, and fostering a community. It's not just about owning the properties, but about nurturing them, maintaining their essence, and turning them into vibrant homes or workplaces."
Sanchez’s multi-million dollar empire didn't spring from the coffers of generational wealth but from the seed of ambition, determination, and an insatiable appetite for success. His journey started in 2011 with a single property he bought from his savings.
Still, through smart investing, careful planning, and timed property sales, Sanchez eventually purchased a 46-unit apartment complex. And after renovations, a brief period of renting, and a property sale, he was left with over a million dollars in his pocket. It is a strategy and mantra Sanchez calls the KSSSS method.
As Boris Sanchez explains, his mantra is a departure from the traditional BRRRR method (Buy, Renovate, Rent, Refinance, Repeat), instead favoring 'KSSSS' — Keep Some, Sell Some, Scale. This way, you have all alleys and backdoors covered even though growth seems slow – monthly cashflow: check; valuable portfolio: check; a huge chunk of cash at hand: check.
“When you want to flip a property – the BRRRR method – you are taking on a risk that you won’t be able to sell your property,” he says. “If you are stuck with unsellable property, the cash flow stops, and you go down under. The whole process of growing your wealth stops.”
The KSSSS method encourages you to keep the property because renting it can net you a monthly average between $5,000 and $10,000 in-pocket after all expenses. It also encourages you to accumulate renting profits over a period of time and then sell the property, which in return allows you to finance the next, bigger property without securing additional investments through loans.
“There are a lot of doors through which you can set your foot into the real estate industry and secure your financial future. And KSSSS is the method that worked wonders for me. It's the soul of my entrepreneurial journey,” he states.
And his journey is truly inspiring. After all, in the world of commercial real estate—a world often bound by conventions—Boris Sanchez has etched a path of his own.
He is a trailblazer whose canvas is the urban sprawl, where he weaves tales of rebirth and opportunity in the rich tapestry of cityscapes. His story is a testimony to what can be achieved with the right vision and perseverance.
And through it all, he remains an artist at heart, transforming real estate into realms of endless possibilities, painting the skyline with dreams cast in steel and cement.
Written in partnership with T1