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Welcome to our latest episode!
Join Bronson today for an episode with Brian Burke, author of The Hands-Off Investor and founder of PraxCap. Brian shares his journey from house flipping to syndicating 10,000+ multifamily units, selling his portfolio in 2019-2020 to avoid market resets. Learn how he shifted to senior housing (assisted living, skilled nursing) amid demographic tailwinds, acquiring 19 properties for $150M in two years.
Discover key advice for passive investors: prioritize operators over deals, vet via track records and networks, and embrace work-life balance.
ANCHOR TIMESTAMPS
0:40 — Guest Intro: Brian Burke
1:22 — Work-Life Balance in Real Estate
2:02 — Seasons of Work & Travel
3:05 — Scaling & Exiting Multifamily
4:18 — Calling Market Cycles
5:18 — Lessons from 2008 Crisis
6:15 — “Sit on the Beach” Strategy
6:41 — Pivot to Senior Living
7:43 — Medium-Size Portfolio Acquisitions
8:32 — Buying vs. Building Economics
9:06 — Demand & Waitlists in Senior Care
9:57 — Cap Rates: Senior Living vs. Multifamily
10:48 — Demographic Tailwinds: Silver Tsunami
12:43 — Multifamily Headwinds vs. Senior Housing Tailwinds
13:48 — Biggest Mistake Passive Investors Make
19:35 — Market Evaluation Strategy
22:19 — Operator Quality = Deal Quality
23:01 — Work-Life & Long-Term Success Advice
25:28 — Where to Follow Brian
26:00 — Closing & Investor Learning Mindset
Connect with the Guest:
Website: https://praxcap.com/
The Hands-Off Investor (Book): http://biggerpockets.com/syndicationbook
Instagram: @investorbrianburke
Hashtags related to the episode:
#PassiveInvesting
#MultifamilySyndication
#SeniorHousing
#RealEstate
#HandsOffInvestor
#WorkLifeBalance
#WealthBuilding