Built to Last.
Our Story
K Shaver Properties was founded in 2014 by brothers Keith and Kyle Shaver. From the start, the focus was simple: acquire quality rental properties, underwrite them conservatively, and hold them for the long term.
For over a decade, Keith and Kyle built the portfolio while holding demanding full-time careers — Keith in healthcare leadership, Kyle in IT management. Every acquisition was funded from earned income and reinvested cash flow. No outside capital. No shortcuts.
Today, KSP operates a debt-light portfolio across Oregon and California, with capital committed to expansion in Alabama, Ohio, and South Carolina. The same founding discipline applies: patient acquisitions, strong fundamentals, and a clear target — 30 doors by 2030.
The Team
Keith Shaver
Co-Founder & Managing Partner
Keith built his career in healthcare, advancing from clinical roles through an MBA to Hospital Director. He brings operational leadership, financial discipline, and 10+ years of real estate experience to KSP.
Kyle Shaver
Co-Founder & Managing Partner
Kyle spent his career in information technology, rising from network engineer to Director of IT. A systems thinker with a builder’s mindset, he brings analytical rigor and operational discipline to every KSP acquisition.
Evan Lampmann-Shaver
Legal Counsel
A California State Bar licensed attorney based in San Francisco. Evan handles legal structure, contracts, and compliance — keeping KSP on solid footing as the portfolio grows.
Our Mission
Build a durable, cash-flowing real estate portfolio through disciplined acquisitions and long-term holds. Not by chasing trends — by buying right, financing right, and managing well.
30 doors by 2030. We’re 10 in. We have the capital, the markets, and the operational track record to get there.
Where We Invest
Active Portfolio
Oregon
4 doors in Southern Oregon — 3 fully paid off, one with a small remaining loan. All cash-flowing.
California
3 duplexes in Southern California. Debt-free and consistently cash-flowing.
Expansion Markets
Alabama
Strong job growth in aerospace, defense, and tech. Excellent rent-to-price ratios and favorable landlord laws.
Ohio
Diversified economy anchored by education, healthcare, and tech. Stable rental demand and affordable entry points.
South Carolina
Affordable entry points with strong cash flow potential. Growing population and landlord-friendly regulation.
Our Approach
Cash flow from day one
Every deal must cash flow at closing. We underwrite conservatively — stress-tested vacancy, full expense loads, no speculation on appreciation.
Long-term holds, not flips
We are buy-and-hold operators. Our properties are permanent portfolio additions designed to compound equity and cash flow over decades.
DSCR financing to scale
We use Debt Service Coverage Ratio loans to scale efficiently — qualifying on property performance, not personal income. Minimum 1.25x DSCR.
Target: 8%+ cash-on-cash
We pass on deals that don't pencil. Discipline on entry price, financing terms, and expense assumptions keeps returns where they need to be.