CP 145: Mastering Long-Term Holds: Real Estate Investing Tips from Drew Breneman
- E145
- 48:28
- August 29th 2023
Welcome back to another episode of The Cashflow Project! In today's episode, we have a special guest, Drew Breneman, joining us to share his wealth of knowledge and experience in the world of real estate investing.
Drew is the founder of Brenneman Capital, a company that not only helps him grow his own wealth but also assists other investors in establishing their cash flow and building their own financial empires. With over $175 million worth of properties under his belt, Drew brings a unique perspective and expertise to the table. In addition to his real estate ventures,
Drew has an intriguing background as a magician, adding a touch of magic to his success story. We'll dive deep into his journey, from his humble beginnings in self-managing rental properties to specializing in multi-family deals and acquiring properties off-market. Drew will also discuss the importance of partnerships, long-term thinking, and the pursuit of generational wealth. So, sit back, relax, and get ready for an eye-opening conversation with Drew Breneman on The Cashflow Project!
00:02:53 Started young with an internet business, magic. Resold video game items, then got into real estate investing in college. Bought properties, made profits, expanded to commercial and multifamily deals. Focused on cashflow, leased long-term. Developed expertise in Chicago market.
00:14:55 Naturally money-minded individual encourages son's investment.
00:18:16 Confidently assessed and researched, successfully completed deals.
00:21:43 Mixed experience managing properties in multiple locations
00:26:41 Cash flow strategy worked in the past, but current deals offer low cash flow. Buying now at a discount may lead to big returns in the future. New projects halted, rents may explode, interest rates could drop. Long-term holds have built wealth.
00:34:14 Investment strategy: simple, long-term, high return.
00:39:50 Choose: passive investing or entrepreneurial path.
00:41:57 Kids parties, investing, podcast, social media, guidebook.
00:45:20 Partnerships can be powerful for investors. Long-term thinking and wealth building are important. Connect with others and provide feedback.
Connect with Drew Breneman
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The Cashflow Project
This is for busy professionals who are looking for financial freedom through passive income, with a focus on cashflow assets in Multifamily Real Estate. We will be covering a variety of topics such as buying, managing, and selling real estate assets, specifically apartments.
To learn more about us, visit tricityequity.com