Go Big! Live Podcast
Welcome to the "Go Big! Live" podcast, where we explore the exciting world of commercial real estate investing through in-depth interviews with successful investors who have scaled up their portfolios. Hosted by experienced real estate investor Matt Drouin, our show delves into the nitty-gritty details of each guest's first big deal, their journey leading up to it, and the challenges and rewards they've encountered along the way. Each episode offers valuable insights and actionable advice to help you make the leap into larger deals and expand your real estate empire. Join our community on Facebook for engaging Q&A sessions with our guests and the opportunity to network with like-minded investors. Get ready to be inspired, learn from the best, and go big in the world of real estate investing!
Go Big! Live Podcast
From House Flipper to Real Estate Mogul: A Conversation with Brian Burke
Join us in this episode of the Go Big! Live Real Estate Investors Podcast as host Matt Drouin welcomes back Brian Burke, CEO and President of Praxis Capital. Together, they unpack Brian's incredible journey from house flipper to managing a portfolio worth over $800 million. This insightful discussion covers navigating commercial real estate, recent market trends, and strategic property sales. Brian shares his transition to real estate debt investments, highlighting key factors such as loan acquisition strategies, borrower credibility, and market timing. The episode also touches on important metrics like forecasted rent growth, occupancy levels, and market risk factors, particularly in California and New York. Brian provides actionable advice on scaling portfolios, building investor networks, and preparing for market cycles, making it a must-watch for aspiring real estate moguls looking to elevate their ventures.
00:00 Starting Small in Real Estate
00:27 Introduction to the Podcast and Guest
00:41 Brian Burke's Real Estate Journey
01:34 Market Trends and Portfolio Decisions
04:04 Capital Raising Challenges
06:20 Investing in Real Estate Debt
10:49 Evaluating Loan Purchases
13:44 Warehouse Line Strategy and SOFR Impact
15:31 Market Cycle and Economic Indicators
18:29 Sources of Real Estate Information
20:14 Cash Management Strategies
22:56 Geographic Market Risks
26:19 Demographic Shifts and Migration Patterns
29:07 Actionable Advice for Scaling Real Estate Portfolios