Are you ready to discover the secrets behind successful real estate investing and how multifamily properties could be your ticket to financial stability? What makes markets hotspots for investment, and how can you make the most out of these opportunities while minimizing risks?
In this episode, Drew Breneman shares his journey from selling items in video games to become a successful real estate investor. Despite his humble beginnings, Drew's strategic investments and deep understanding of market dynamics have led to multimillion-dollar deals and impressive returns.
Tune in as Drew discusses his investment strategies, the importance of diversifying tenant rent rolls, and the factors that make multifamily properties a stable and lucrative investment. Learn about the potential risks in volatile markets and how to mitigate them, as well as the benefits of focusing on newer, value-add deals with longer-term holds. The insights shared in this episode are invaluable for both new and seasoned investors aiming for long-term success.
Resources
- Listen to the original episode on the Cash Flow Connections Real Estate Podcast: https://cashflowconnections.com/e592-tt-how-to-invest-in-multifamily-in-todays-market/
- Read Hunter Thompson's book, 'Raising Capital for Real Estate: How to Attract Investors, Establish Credibility, and Fund Deals': https://www.amazon.com/Raising-Capital-Real-Estate-Credibility/dp/1712882120
Key moments:
00:00 Introduction
06:04 Inexperienced investor
09:48 Purchased based on cap rates
13:33 Vacancy rates
15:02 Multifamily investment
20:02 Phoenix real estate market
25:39 Value-add deals
28:01 Longer-term holds
32:07 Cap rates
34:36 Investment strategy
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.com
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Breneman Capital: https://www.breneman.com
Investor List: https://www.breneman.com/invest
Passive RE Investor Guidebook: https://www.breneman.com/downloads
Connect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman