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 Stein
In this episode you will learn:
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.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
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 Stein
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Breneman
In this episode you will learn:
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Breneman
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Breneman
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Breneman
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Breneman
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Breneman
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Dunn
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Breneman
In this episode, you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Sondgeroth
In this episode you will learn:
Resources
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.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 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 Intro
01:31 Introduction to a special guest William Breneman
02:51 William’s favorite episode
03:23 What did William learn from the podcast?
03:55 How did William invest his money?
05:20 Hitting 2000 subscribers
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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: 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 agent
03:25 Common insurance coverage mistakes
11:03 Making claims for smaller amounts
13:33 What is an insurance adjuster?
21:30 Construction types in insurance rates
27:58 Getting a loss run from a current owner
30:00 Basics of ordinance or law coverage
32:27 Insurance payout for a non-conforming building
36:29 Stab-Lok panels and uninsurable buildings
41:33 The proper way to get an insurance certificate
49:00 The importance of having a workers’ comp
Get in touch with Tom Panos
Email: tom.panos@bks-partners.com
Direct line: 847-940-4228
https://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 career
03:12 Chasing the snow around the world
04:20 Action is easy when a desire is strong
06:54 Getting into the real estate with baby steps
10:02 The books that influenced Dan
11:33 Transitioning into bigger deals
14:58 Real estate investing, buying deals, and market conditions
21:23 Real estate deals in submarkets and investing strategies
28:04 Finding a reliable property manager
30:20 Things to consider when hiring a property manager
32:48 Four steps to successful passive investing e-book
34:06 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 Intro
00:53 Who is Tom Panos?
03:18 The state of the insurance market
07:34 The rate increase trend and changes in coverage
12:53 The percentage of building limit
15:30 Things to consider when you’re choosing a lender
18:05 Self-insuring and builders risk
21:06 Wind hail deductibles change
26:04 Managing risk through reinsurance
31:22 Lender requirements and casualty insurance increases
35:28 Increased rates and limited options for building owners
37:35 The risk of podium-style construction
43:15 Understanding your options
47:15 How to get in touch with Tom
Get in touch with Tom Panos:
Email: tom.panos@bks-partners.com
Direct line: 847-940-4228
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 Intro
00:53 Steve Kundert, a debt and equity intermediary at CBRE
01:37 What is Senior President of Debt and Structured Finance?
02:12 Pullback in liquidity from the middle market banks
08:01 General landing options for multifamily properties
13:50 Debt fund market is almost non-existent
17:35 James Nelson, one of New York City's top investment sales brokers
19:52 Real estate strategies in a competitive market
21:42 Lessons on specialization and expertise
25:31 Challenges can be opportunities
27:46 Understanding trends in real estate
31:38 Jordan Gottlieb, multifamily broker from Essex Realty in Chicago
32:06 Chicago - highest rent growth, highest demand, low supply
35:36 Real estate investing in Chicago and Sunbelt states
39:26 Real estate taxes and the challenges of investing
44:49 Rent and property taxes in Chicago
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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: 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 Intro
01:00 Speaking at RaiseFest in Phoenix
05:27 The benefits of starting a podcast
08:49 How did Tyler get into real estate
19:50 Deals before the Asym
21:07 A decision to invest in multifamily spaces in Phoenix
31:53 Breaking into the new market
42:20 Real estate investing today – cash flow and value add
47:59 The changing market and risk profile
54:43 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 Intro
00:51 Jim Vozza from CBRE Business Lending
01:55 Market trends and investing strategies
05:13 Multifamily and access to Freddie and Fannie loans
08:23 The small balance program
09:48 Special rates for affordable properties
15:08 Tyler Haeg Multifamily Investment Sales Brokers from Colliers
17:06 Real estate market changes and equity investment
22:31 Real estate problems no one talks about
28:16 Different markets and investing strategies
33:35 Bob Knakal, legendary broker from New York City
37:00 Passion and hard work in real estate
38:33 Growing strategies in real estate
41:48 The importance of market presence
46:49 Investing strategies and ompetitors
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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: 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.
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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: 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 Intro
01:09 Andrew’s Dunn background
04:20 Getting into commercial real estate
06:42 The importance of operator selection for hotel deals
09:56 Setting yourself apart from the competition
12:14 Chasing equity vs. chasing deals
16:30 The director of investor - requirements and commissions
18:57 Investor relations strategies for finding capital
23:51 The Starbucks lease strategy
32:19 The importance of lease in terms of cap rate
40:05 Yield of cost metrics and risk evaluation
49:33 The influence of demographics on property value
53:33 Retail vacancy rates and office space trends
56:00 Shift in consumer behavior towards outdoor malls
59:56 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/
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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: https://linktr.ee/drewbreneman