Ken Burros has plans to renovate the property in a way that simultaneously benefits the neighbour and the short-term holiday rental market | Credit: Peter Milt/Shutterstock
Ken Burrows has been around the block of US mortgage games for nearly 30 years and has now thrown his weight behind a bold new real estate venture called Kinlux. plan? A commercial property that is struggling (considering a rundown hotel, motel, or other forgotten gem, transform it into a group rental spot for a lively high-profit prime minister on vacation). Contrary to listing good properties as short-term rentals for tourists do for the local economy, Burrows’ plans will benefit the housing market and the holiday real estate sector.
To make that happen, Kinlux is chasing $50 million in capital raising and splitting efforts with crowdfunding (regulated CF) and private offerings for deep out-of-pocket investors (regulated D). And go down the road?
They are focusing on blockchain tokenization to shake up how ownership works in this area. Burrows’ story begins young. He was only 19 years old when he jumped into entrepreneurship.
Reclaim your life to the rundown properties
Kinlux seeds were planted in 2013, and he and his family rented a house on Lake Tahoe during a long road trip. The move turned out to be a gold mine, drawing in more cash than expected.
They set fire under them, got more properties, renovated them and listed them as short-term vacation rentals. However, the game has changed. “Many towns are cracking down on short-term rentals of residential areas as locals get tired of,” Burrows told EuroWeekly News in an exclusive interview.
His tone through his chat with EWN carried the weight of someone who had to spin violently. So Kinlux is shifting gears and instead focusing on commercial real estate.
The new playbook is to grab a tormented commercial property, often at bargains, motels, and bargain prices, often 60-70 cents.
Once they get them, the property gets a makeover and a new identity as a group vacation rental. These are not your typical hotel stays. Each unit is designed for medium-sized groups with 5-7 bedrooms, accommodates 20-25 guests and has a mix of regular and pull-out beds.
“We have a lively staff and we don’t do hotels,” Burrows says. “It’s about the atmosphere of that family vacation. Your group rents the entire place, cooks together, hangs out and creates memories.”
List of “major players”
Kinlux plans to use $50 million to pick up 5-7 of these properties. Although they haven’t closed yet, they’ve attracted some attention in Lake Tahoe, including the wildcards, and nearby Merkleyville: the 85-acre ranch is considering turning into a “hobbit-style” themed campsite.
Yes, you heard that right – Hobbit Style. To secure these spots, Kinlux relies on major vacation rental players: Airbnb, VRBO, Booking.com, and hotels.com.
They keep things lean and the property does not have full-time staff. A small backend team handles bookings, cleaning and guest support, allowing you to run smoothly overhead operations.
Andes Capital Group manages funding, and Burrows has confirmed that it has already drawn $85,000 through crowdfunding routes.
There will be a bigger marketing push in the coming weeks, with two agencies on board. One targets everyday investors, while the other focuses on certified crowds.
Looking further, Burrows is excited to integrate blockchain into the mix.
The future is digital and blockchain
“The digital of the future,” he says. His voice is full of confidence. “We plan to issue one token for each dollar invested.” For now, these tokens will become off-chain placeholders. If the business hums – in a year or two, mix with Ethereum or custom blockchain, perhaps with partners like Digishares.
He had been talking with them early, but nothing was locked in yet. These tokens are not straightforward fair, they are stocks in the business, with investors getting 10% of their net revenues (10% of their net profits) to be precise. You can reinvest if necessary.
The token will not be published immediately. Instead, Kinlux is setting up a private marketplace through CoreConnex, the platform it uses for trading and compliance.
Burrows has called the investor group “clubs” and has made major decisions, including new acquisitions and expansion into new regions. Token holders may earn perks, such as discounts and special access to Kinlux properties. Thanks to the regulatory hoop, tokenization is still at least a year off, but Kinlux has a clear roadmap. After launching the commercial side and setting up blockchain pieces, they are planning to submit Rule A to set the stage for the public list. “This is not memecoin nonsense. As your business grows, so does the value of these digital assets.”
Buying for Vision
Currently, Kinlux is making advance revenue on the commercial front, does not acquire properties, and blockchain components are still in development.
Early investors have gained a vision backed by Burrows’ long track record and SEC-compliant funding structure.
For now, Kinlux blends traditional real estate investment with a future-looking approach to digital finance.
It plants itself at the intersection of property and tokenization, making it a great bet on a future where tormented buildings become the escape of a thriving group, perhaps even a new kind of digital asset.
