Drew Breneman discusses his real estate investment strategies, focusing on his experience investing in multifamily apartments in Chicago and the Midwest. He emphasizes the importance of understanding local markets and dispels the notion that blue states and cities are not good investment opportunities. Drew also shares insights into financing strategies, including the use of agency loans and refinancing to maximize returns. He discusses his approach to expanding his capital base and attracting investors, highlighting the value of personal connections and providing educational resources. In this conversation, Drew later discusses his experience in building an investor network and the importance of referrals. He also shares his approach to long-term holds and the benefits of refinancing. Drew emphasizes the significance of cash flow and long-term compounding in real estate investing. He discusses the pros and cons of in-house property management versus third-party management. Lastly, Drew highlights the importance of focusing on doing good deals rather than setting specific goals for growth.
00:00 Introduction and Background
01:42 Investing in Chicago
05:04 Operational Focus
07:12 Market Selection
09:15 Investing in the Midwest
13:16 Different Business Plans
22:37 Expanding Capital Base
24:11 Building an Investor Network
27:02 Long-Term Holds and Refinancing
30:11 Focus on Cash Flow and Long-Term Compounding
34:45 Property Management: In-House vs. Third Party
39:23 The Role of the Operator
46:29 Focus on Doing Good Deals
Drew's Link https://www.breneman.com/downloads
Drew Breneman discusses his real estate investment strategies, focusing on his experience investing in multifamily apartments in Chicago and the Midwest. He emphasizes the importance of understanding local markets and dispels the notion that blue states and cities are not good investment opportunities. Drew also shares insights into financing strategies, including the use of agency loans and refinancing to maximize returns. He discusses his approach to expanding his capital base and attracting investors, highlighting the value of personal connections and providing educational resources. In this conversation, Drew later discusses his experience in building an investor network and the importance of referrals. He also shares his approach to long-term holds and the benefits of refinancing. Drew emphasizes the significance of cash flow and long-term compounding in real estate investing. He discusses the pros and cons of in-house property management versus third-party management. Lastly, Drew highlights the importance of focusing on doing good deals rather than setting specific goals for growth.
00:00 Introduction and Background
01:42 Investing in Chicago
05:04 Operational Focus
07:12 Market Selection
09:15 Investing in the Midwest
13:16 Different Business Plans
22:37 Expanding Capital Base
24:11 Building an Investor Network
27:02 Long-Term Holds and Refinancing
30:11 Focus on Cash Flow and Long-Term Compounding
34:45 Property Management: In-House vs. Third Party
39:23 The Role of the Operator
46:29 Focus on Doing Good Deals
Drew's Link https://www.breneman.com/downloads