Navigating the world of real estate can be overwhelming, especially with so many unclear guidelines floating around. Instead of reaping the benefits of your investments, you might be feeling frustrated by unexpected tax obligations and uncertain about the true value of your returns. This episode dives deep into clarifying common misconceptions, offering clear insights to help you maximize your investment potential, and avoid any unpleasant surprises. You'll learn about depreciation recapture taxes, how to leverage tax losses, cost segregation and more. Tom Stein, Director of Investor Relations at Breneman Capital, is known for his skills in real estate investment strategies and tax efficiency. Bringing clarity to complex investment misconceptions, Tom is able to provide insights on all kinds of challenges, including depreciation and 1031 exchanges. His approach is a practical one with real-world experience that aims to demystify common financial myths, providing invaluable guidance to passive investors across the board.“It's a misconception to think that [with] these investments, you're not going to pay any taxes on them. So pay attention to how depreciation and depreciation recapture will come back.” - Tom SteinIn this episode you will learn:The various misconceptions surrounding real estate tax benefits, particularly around depreciation and taxes.How preferred returns are structured within real estate deals and why they are not guaranteed.The limitations of utilizing passive losses from real estate investments against active income.Challenges associated with executing a 1031 exchange in a real estate syndication.Why growing populations do not always ensure the best real estate investment opportunities.Resources- Connect with Tom on Linkedin: https://www.linkedin.com/in/tom-stein-2b311589/ This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
If navigating the complexities of real estate investing leaves you feeling confused and uncertain, you're not alone! Many passive investors struggle with understanding the processes and financial requirements involved, resulting in missed opportunities and potential losses. You might feel discouraged by the learning curve instead of empowered to make informed investment decisions.In this episode, we answer some of the most commonly asked questions we get from passive investors in real estate. You'll learn how the process works, what happens if a deal doesn't end up happening, and how to put your best foot forward, guiding you toward becoming a successful, confident investor.Tom Stein serves as the Director of Investor Relations at Breneman Capital, where he has played a pivotal role since 2019. Tom's expertise in managing investor communications and syndication deals has contributed to Breneman Capital's growth and success. Known for his practical insights and comprehensive knowledge in real estate investments, Tom’s approach focuses on ensuring investor satisfaction and transparency. Through his work, he continues to facilitate high-yield, tax-efficient investment opportunities, guiding investors through the real estate landscape with precision.“We make more money as you make more money. It's quite simple. And it aligns interest.” - Tom SteinIn this episode you will learn:The detailed investment process at Breneman Capital, including the timeline from contract to close and the communication methods with investors.Essential legal documents involved in investing, such as the Private Placement Memorandum, Operating Agreement, and Subscription Agreement.The accreditation requirements for investors and the significance of ensuring compliance with SEC regulations.The tax advantages of real estate investments, including depreciation, interest deductions, and 1031 exchanges.The structure and benefits of using LLCs for real estate investments to isolate financial risks and manage properties effectively.Key insights into the fee structure and deal strategy at Breneman Capital, emphasizing alignment of interests between investors and sponsors.ResourcesConnect with Tom on Linkedin: https://www.linkedin.com/in/tom-stein-2b311589/ This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Are you struggling to navigate the complexities of real estate investment strategies and secure consistent, reliable returns? Whether you're finding it challenging to identify lucrative deals, dealing with the pressures of managing property expenses, or unsure about how to balance risk and reward in an ever-changing market, these frustrations are common among investors. This episode features Drew Breneman's appearance on Cash Flow Connections Real Estate Podcast with Hunter Thompson and Tyler Lyons, where Drew delves into the intricacies of real estate investment, offering insights to overcome these obstacles and achieve stable, long-term success. Hear about how Breneman Capital uses technology and data for market selection, underwriting property performance, the impacts on their investment strategies and some of Drew’s experiences in his recent capital raises. “Using today's data, and then what happened the last 20 years to know what moves the model, we can then predict… the next one and two years.” - Drew BrenemanIn this episode you will learn:About the core plus strategy and its benefits compared to older, value-add properties.Investment preferences focusing on safer returns of 12-13% over high-risk strategies aiming for 15-16%.Value-add strategies, including rent adjustments and amenity packages.How Drew and his team utilize underwriting data and detailed historical expense tracking to evaluate deals accurately.Insights into market conditions and predictions, accounting for short-term challenges and long-term trends.ResourcesListen to the original episode: https://podcasts.apple.com/us/podcast/using-technology-to-gain-a-competitive-advantage-e828-tt/id1193877994?i=1000650510182 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Feeling stuck or overwhelmed about taking the first steps into commercial real estate investing? It's a familiar struggle—navigating through the landscape of real estate education, market timing, and understanding property evaluations can leave rookie investors confused and hesitant. This episode features Drew Breneman's appearance on Taking The Leap Into Commercial Real Estate with Angel and Brittany Gonzalez, where Drew shares how humble beginnings and making sacrifices are what led him to success. He recounts his first Duplex deal, and how that quickly transformed into closing on multi-million dollar investments. You'll learn about the value in making mistakes, having mentors and building relationships, and how Drew is working to inspire the next generation of real estate investors.“The most important thing [about] getting started is making the sacrifices.” - Drew BrenemanIn this episode you will learn:The educational background and key influences that have shaped Drew's real estate career.Insights from Drew's experience with multifamily deals and investments, including the challenges and lessons learned.The significance of fostering confidence and values in children, influenced by Drew's experiences with his own upbringing and current parenting approach.The value of networking and mentorship in real estate, highlighting how asking questions and learning from others accelerate growth.Tips and recommended resources for new real estate investors, including book recommendations and the importance of how to get started.ResourcesListen to the original episode: https://podcasts.apple.com/us/podcast/lessons-in-persistence-drew-brenemans-rise-in-commercial/id1732617432?i=1000646467967 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Are you struggling to find your footing in real estate, and uncertain about when and how to take the leap from a steady paycheck to full-time investing? Many aspiring investors grapple with the challenge of building a robust portfolio while juggling multiple jobs and navigating financial constraints. This episode features Drew Breneman's appearance on the Adventures in CRE podcast with Michael Belasco and Spencer Burton, where Drew shares his story from employed to self-employed. He sheds light on overcoming the obstacles that come along with this type of shift, from starting early and proving your concept to strategically timing your transition to entrepreneurship. You'll discover insights tailored to help you move confidently towards a successful real estate investment career, get tips for how to get started, and the importance of education and networking.“You should really think about what you're going to learn at the job more than what you're going to get paid.” - Drew BrenemanIn this episode you will learn:How Drew built a $100 million real estate portfolio by focusing on multifamily properties and achieved an average IRR of 25% on his deals.Insights into Drew's transition from a W-2 job to full-time real estate entrepreneurship and the importance of financial viability in this decision.The role of early entrepreneurship, cash flow understanding, and leveraging FHA loans in Drew's initial real estate investment strategies.The value of education, work experience, and the importance of learning and meeting influential people during college.ResourcesListen to the original episode: https://www.adventuresincre.com/audioseries-s3spe20 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
For many, the idea of home ownership might feel like an impossible dream, especially when coupled with the pressures of securing financial stability in such an unpredictable market. However, there are ways to overcome these challenges that mostly come down to making key choices.This episode features Drew Breneman's appearance on The Climb with Michael Moore and Robert Wierema, where Drew talks about how he got his start in real estate investment, and offers advice on how to adopt a money-making mentality that works for you. He delves into how disciplined saving behaviors and a strategic mindset can set you on the path to long-term success in real estate, even amidst market uncertainty.“I had money, I wanted to invest it, and so I bought property… That’s a good way to get started.” - Drew BrenemanIn this episode you will learn:The factors influencing the shift towards renting and multifamily properties over homeownership and how this may shape the future housing market.How economic positions, flexibility, and generational experiences are shaping modern attitudes towards homeownership.The benefits of maintaining flexibility in housing to match evolving work arrangements and lifestyles.Drew's insights into approaching real estate investing, focusing on long-term gains over quick success.The importance of a strong work ethic and the mentality required to tackle real estate investing successfully.Practical advice for new investors, emphasizing simplicity, cash flow, and starting small with minimal initial investment.ResourcesListen to the original episode: https://www.climb-podcast.com/2023/01/12/35-drew-breneman-building-a-career-in-the-real-estate-market-of-2023/ This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Navigating the multifamily real estate market can be daunting, with potential investors often feeling apprehensive about the risks involved. Concerns about vacancy rates, tenant turnover, and the complexities of managing multiple units can create significant anxiety. Without a clear understanding of risk management and the nuances of multifamily investments, entering this market might seem fraught with uncertainties. This episode features Drew Breneman’s appearance on My Freedom Foundry (now called The Wake Up Call) with Paul Thompson, where Drew provides a roadmap to help you identify and mitigate these risks, offering practical advice and insights to build a solid foundation in multifamily real estate while maximizing returns and minimizing potential pitfalls.“You might lose money because… the downside risks are so much higher for the slightly incremental upside.” - Drew BrenemanIn this episode you will learn:The benefits of loan assumption deals on new commercial properties, especially in terms of favorable interest rates and yield maintenance prepayment penalties.Comparative risk profiles between commercial and multifamily properties, focusing on vacancy rates and tenant turnover.The significance of building wealth through long-term real estate investments, with an emphasis on equity multiples over short-term IRR gains.Strategies and advice for breaking into real estate investment, including starting with savings, making sacrifices, and gradually moving to larger investments.The importance of understanding and mitigating risks in real estate deals, and the potential pitfalls of prioritizing higher return deals without fully accounting for the risks involved.ResourcesListen to the original episode: https://podcasts.apple.com/us/podcast/succeeding-in-the-competitive-world-of/id1343930864?i=1000611446472 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Some of the most successful real estate investors started out young, and with a lot of hard work, the right long-term relationships and the ability to overcome several challenges, have found themselves with hundreds of millions in assets under their belts. In this episode, Drew Breneman guests on the Zen and the Art of Real Estate Investing podcast, where he shares his experiences of starting out in the industry at a mere 19-years-old. He shares that starting off by managing a multi-bedroom property taught him valuable lessons in tenant management and helped him understand the intricacies of property management, which still serve him today.“After I graduated college, I had invested all the money that I had and then was thinking, what could I do? And I figured this would be the perfect time to learn.” - Drew BrenemanIn this episode you will learn:The story of Drew's first real estate deal at age 19 and the early experiences that shaped his investment philosophy.The importance of diversification and specialization in real estate investing.How to effectively manage properties and the significance of maintaining them to enhance tenant behavior.The different approaches to risk assessment and the importance of focusing on long-term gains in real estate.The role of relationships and mentorship in achieving success as a real estate investor.Practical advice for new investors on keeping things simple and seeking guidance from experienced professionals.ResourcesListen to the original episode on the Zen and the Art of Real Estate Investing podcast: https://podcasts.apple.com/us/podcast/creating-a-blueprint-for-real-estate-success-with/id1618352739?i=1000609602941 Check out “How to Win Friends and Influence People” by Dale Carnegie: https://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Building relationships with investors and effectively networking are crucial to success, especially in today’s sometimes overcrowded market. It can be frustrating trying to find the right set of ears to hear your pitch, figure out which conferences to attend, and how to use that time wisely. This episode offers insight into overcoming obstacles like securing equity commitments, and navigating partnerships and collaborations. As a self-proclaimed "deal junkie", Andrew Dunn has positioned himself as an enthusiastic, intuitive and creative principal at VAC Development. His experience comes from residential fix-and-flip properties in the Las Vegas market and full-turn deal profiles of office, retail, industrial spaces and several hundred apartment dispositions. With a knack for identifying hidden gems in the market, Andrew's expertise spans industrial, retail, office, and PAD developments. “Every assumption that you have in your model better have a story behind it.” - Andrew DunnIn this episode you will learn:Why construction costs and interest rate environments are hampering the viability of many off-market real estate deals.How the focus on distressed assets is evolving towards identifying opportunities and value in inline shop retail properties.The strategies for conservative equity raising in real estate, including longer processes and a focus on core plus or value add opportunities.The importance of building trust with institutional investors and creating programmatic relationships for long-term success.The significance of networking and attending conferences intentionally to secure meetings with potential investors.Practical insights on the challenges and strategies for pitching real estate deals effectively, and obtaining equity commitments.ResourcesConnect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewmdunn41/ Follow Andrew on Twitter: https://x.com/andrewmdunn_ Talk deals or opportunities with Andrew: andrew@vacdevelopment.com Check out Value Add Cowboy (VAC) Development's offerings: https://www.vacdevelopment.com/ This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
The multifamily property market can feel like an intricate maze, with concerns about stability, market fluctuations, and achieving favorable returns often taking center stage. Despite dedicating countless hours to researching and analyzing potential opportunities, you might still find yourself grappling with uncertainty and apprehension. In this episode, Drew Breneman guests on the Cash Flow Connections Real Estate Podcast, where he shares his experiences of navigating these challenges and offers insights on mitigating the risks and pinpointing high-potential markets. “Whenever things are going to turn positive in the real estate market, it’s going to happen fast” - Drew BrenemanIn this episode, you will learn:The benefits of investing in multifamily properties, including stability, low risk, and strong appreciation.Key investment strategies and market considerations How to mitigate market volatility and make informed investment decisions during fluctuations.The transition from commercial properties to multifamily investments and the factors emphasizing better risk-adjusted returns for multifamily holdings.Insights on the current real estate market trends, including falling rents, increased cap rates, and strategies for conservative underwriting.The "secret sauce" of Breneman Capital, specifically targeting off-market deals for multifamily properties built after 1980 and utilizing advanced analytics tools for investment decisions.ResourcesListen 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 This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Navigating the complexities of real estate investing while working a full-time job can be daunting, and you might find yourself overwhelmed by the idea of taking that first step. In today's episode, seasoned investor Adam Sondgeroth shares his journey of overcoming these hurdles and successfully building a substantial real estate portfolio.Adam is known for his hands-on approach and extensive portfolio management. He balances his full-time job as a railroad bridge inspector, all while leveraging unique strategies like lease options and owner financing, to thrive in the competitive market. His expertise extends into short-term lending and fix-and-flip projects, underscoring his versatility and commitment to real estate success.“Don’t take advice from somebody that’s not in a position that you want to be in.” - Adam SondgerothIn this episode you will learn:How Adam transitioned into buying his first investment property. The importance of knowing your "why" in real estate investing and how to deal with naysayers.The challenges of successfully scaling up while holding down a full-time job.The significance of taking action in real estate investing rather than just acquiring knowledge.Strategies Adam used to secure owner-financed deals and the value of mentorship in his investment career.Adam's stance on hiring help and managing a large portfolio.The value of paid mentorship and real estate education.ResourcesReach out to Adam via email: adam@sondgerothcapital.comVisit Adam's website to see his company's offerings: https://www.sondgerothcapital.comConnect with Adam on LinkedIn: https://www.linkedin.com/in/adam-sondgeroth This podcast was produced by the team at Zapods Podcast Agency:https://www.zapods.com----------Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
In this special 100th episode of The Breneman Blueprint, Drew Breneman interviews a very special guest - his own son William! At just 6 years old, William has listened to every single episode of his dad’s podcast and has become his #1 fan! William shares how he turned $5 from the tooth fairy into $80 by investing in apartment buildings. Don't miss this adorable episode celebrating 100 episodes of real estate wisdom! Highlights:00:00 Intro01:31 Introduction to a special guest William Breneman02:51 William’s favorite episode03:23 What did William learn from the podcast?03:55 How did William invest his money?05:20 Hitting 2000 subscribers --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: https://linktr.ee/drewbreneman
In this episode, we sit down with Tom Panos, an experienced insurance agent, to dive into the critical aspects of commercial property insurance. We'll explore a range of important topics, including common policy missteps, such as underestimating building values or falling into coinsurance traps, and how to spot and fill coverage gaps. From the benefits of ordinance or law coverage and the necessity for equipment breakdown insurance to the advantages of having a public adjuster by your side during significant claims, we cover it all. Tom also explains the impact of construction types on premiums and the essentials of hiring contractors with the right insurance coverages. Plus, we'll discuss how to avoid potential liabilities with uninsured subcontractors, and Drew will break down an insurance contract exhibit he has developed for use with contractors/vendors. Join us for a comprehensive guide to the complexities of commercial property insurance. Highlights:00:53 Introduction to Tom Panos, insurance agent03:25 Common insurance coverage mistakes11:03 Making claims for smaller amounts13:33 What is an insurance adjuster?21:30 Construction types in insurance rates27:58 Getting a loss run from a current owner30:00 Basics of ordinance or law coverage32:27 Insurance payout for a non-conforming building36:29 Stab-Lok panels and uninsurable buildings41:33 The proper way to get an insurance certificate49:00 The importance of having a workers’ compGet in touch with Tom PanosEmail: tom.panos@bks-partners.comDirect line: 847-940-4228https://www.linkedin.com/in/tom-panos-340ab99/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: https://linktr.ee/drewbreneman
In this episode, Dan Brisse shares his journey for success from pro snowboarder to multimillion-dollar real estate investor and his top strategies for success. Learn how grit and passion helped him transition careers, scale up through strategic partnerships, and take advantage of today's buying opportunities. Dan provides insider tips for passive investors to do their due diligence on general partners and deals. Discover how he approached real estate with an athlete's competitive mindset to build an impressive portfolio. Tune in now! Highlights:00:13 Ten years of professional snowboarding career03:12 Chasing the snow around the world04:20 Action is easy when a desire is strong06:54 Getting into the real estate with baby steps10:02 The books that influenced Dan11:33 Transitioning into bigger deals14:58 Real estate investing, buying deals, and market conditions21:23 Real estate deals in submarkets and investing strategies28:04 Finding a reliable property manager30:20 Things to consider when hiring a property manager32:48 Four steps to successful passive investing e-book34:06 The most important things to consider when investing Connect with Dan: https://www.granitetowersequitygroup.com/
Today we have a special guest who understands the complexities of the commercial insurance market from all angles. Tom Panos has been a leading commercial insurance broker for over 20 years, protecting the assets of real estate investors across property types and geographies. Tom also keeps a close eye on the ever-changing insurance landscape. From evaluating loss ratios to analyzing the impacts of weather events and legal trends, Tom has an in-depth grasp of the factors driving carrier decisions. Tom's expertise and creative solutions have been invaluable for clients facing restricted underwriting and rising costs in this challenging market. Tune in for more and learn how to make informed choices in this complex insurance landscape. Highlights:00:00 Intro00:53 Who is Tom Panos?03:18 The state of the insurance market07:34 The rate increase trend and changes in coverage12:53 The percentage of building limit15:30 Things to consider when you’re choosing a lender18:05 Self-insuring and builders risk21:06 Wind hail deductibles change26:04 Managing risk through reinsurance31:22 Lender requirements and casualty insurance increases35:28 Increased rates and limited options for building owners37:35 The risk of podium-style construction43:15 Understanding your options47:15 How to get in touch with Tom Get in touch with Tom Panos:Email: tom.panos@bks-partners.comDirect line: 847-940-4228https://www.linkedin.com/in/tom-panos-340ab99/
In today's episode, we're taking a look back at some of the most influential conversations from the early days of our podcast. Steve Kundert, Senior Vice President at CBRE, shares his vast experience in originating over $10 billion in commercial real estate loans, offering key advice on securing debt from diverse capital sources for a competitive edge. Next, James Nelson, a leading New York City broker with $2.5 billion in deals and a bestselling investment book, provides proven strategies for identifying motivated sellers and enhancing property value in tough times. Finally, Jordan Gottlieb, a top multifamily broker in Chicago, brings insights into the city's booming rental market, highlighting the potential for profit in a landscape characterized by high rent growth and low supply, perfect for hands-on investors. Tune in to gain invaluable insights from these industry leaders and take your real estate investment strategies to the next level. Highlights:00:00 Intro00:53 Steve Kundert, a debt and equity intermediary at CBRE01:37 What is Senior President of Debt and Structured Finance?02:12 Pullback in liquidity from the middle market banks08:01 General landing options for multifamily properties13:50 Debt fund market is almost non-existent17:35 James Nelson, one of New York City's top investment sales brokers19:52 Real estate strategies in a competitive market21:42 Lessons on specialization and expertise25:31 Challenges can be opportunities 27:46 Understanding trends in real estate31:38 Jordan Gottlieb, multifamily broker from Essex Realty in Chicago32:06 Chicago - highest rent growth, highest demand, low supply35:36 Real estate investing in Chicago and Sunbelt states39:26 Real estate taxes and the challenges of investing44:49 Rent and property taxes in Chicago --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: https://linktr.ee/drewbreneman
Tired of the nine-to-five grind, Tyler Lyons made a bold move - he left behind a successful corporate accounting career to break into commercial real estate. Now he shares the story of his journey, along with insider tips for navigating today's shifting market. And learn why his firm, Asym Capital, invests exclusively in Phoenix multifamily. Highlights:00:00 Intro01:00 Speaking at RaiseFest in Phoenix05:27 The benefits of starting a podcast08:49 How did Tyler get into real estate19:50 Deals before the Asym21:07 A decision to invest in multifamily spaces in Phoenix31:53 Breaking into the new market42:20 Real estate investing today – cash flow and value add47:59 The changing market and risk profile54:43 Focusing on broker relationships Connect with Tyler Lyons https://www.linkedin.com/in/tyler-lyons-realestate/
In today's episode, we're revisiting some pivotal conversations from some of our top episodes in 2023.First up is an insightful discussion with Jim Vozza from CBRE, where we delve deep into the world of Freddie Mac and Fannie Mae small balance loans for multifamily properties. Although aired some time ago, this episode remains incredibly relevant in today's evolving real estate landscape.Next, get ready to meet Tyler Hague, a multifamily investment sales broker from Colliers. Tyler brings a wealth of experience and expertise to the table, as he shares insights from overseeing Colliers' Midwestern apartment practice, covering over a dozen markets across the country. With a track record of over 3 billion dollars in sales over the past 15 months, Tyler's insights offer a comprehensive view of the multifamily market landscape.And last, but certainly not the least, we are joined by Bob Knakal, a legendary broker from New York City. With a career spanning nearly four decades in brokerage, Bob brings unparalleled expertise and insights to the table. As one of the foremost commercial real estate brokers specializing in selling buildings in New York City, Bob's journey is a testament to dedication, hard work, and a passion for the industry.Tune in now to gain invaluable insights from industry experts and elevate your real estate investment strategies to new heights!Highlights:00:00 Intro00:51 Jim Vozza from CBRE Business Lending01:55 Market trends and investing strategies05:13 Multifamily and access to Freddie and Fannie loans08:23 The small balance program09:48 Special rates for affordable properties15:08 Tyler Haeg Multifamily Investment Sales Brokers from Colliers17:06 Real estate market changes and equity investment22:31 Real estate problems no one talks about28:16 Different markets and investing strategies33:35 Bob Knakal, legendary broker from New York City37:00 Passion and hard work in real estate38:33 Growing strategies in real estate41:48 The importance of market presence46:49 Investing strategies and ompetitors --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: https://linktr.ee/drewbreneman
Is now a good time to invest? It’s easy to make excuses.- “Interest rates are high.”- “The market is tough.”- “We’re facing a recession.” Sure, it’s a challenging market to buy in.But that means it might be easier to get a broker’s attention.It might be easier to find deals with less competition.It might be easier to be taken seriously. Are you going to need to comb through more deals?Yes.Does that mean good deals don’t exist?No.- There are good deals in bad markets.- There are good deals in bad cities.- There are good deals at all times. --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: https://linktr.ee/drewbreneman
This episode takes you inside the deal-making process of commercial real estate investor Andrew Dunn. Andrew is the managing partner at VAC Development, an asset-class agnostic real estate investment group focusing on yield and asset allocation. Andrew primarily runs the acquisitions, capitalization, and business plan execution for the firm. In this episode, Andrew reveals his approach to scaling a real estate business through a programmatic model. He details how he sources deals that fit the criteria of large institutional investors and secures large equity checks through relationships. Andrew also provides insights into evaluating retail, office, and mixed-use deals through an analysis of yield on cost and development spread. Timestamps:00:00 Intro01:09 Andrew’s Dunn background04:20 Getting into commercial real estate06:42 The importance of operator selection for hotel deals09:56 Setting yourself apart from the competition12:14 Chasing equity vs. chasing deals16:30 The director of investor - requirements and commissions18:57 Investor relations strategies for finding capital23:51 The Starbucks lease strategy32:19 The importance of lease in terms of cap rate40:05 Yield of cost metrics and risk evaluation49:33 The influence of demographics on property value53:33 Retail vacancy rates and office space trends56:00 Shift in consumer behavior towards outdoor malls59:56 Sublease and healthy market Interested in chatting with Andrew?Connect with him on LinkedIn:https://www.linkedin.com/in/andrewmdunn41/X/Twitter:https://twitter.com/andrewmdunn_tiktok: andrewmdunn_Or through his company site:https://www.vacdevelopment.com/--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: https://linktr.ee/drewbreneman