Breneman Blueprint: Real Estate and Entrepreneurship Podcast

Why I Moved To Austin

Jul 19, 2023

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In this episode, Drew Breneman shares why he moved from Chicago to Austin, Texas. Aside from the usual driving factors that includes weather, access to hobbies, safety, and business friendliness, Drew shares his investment strategy of focusing on growth, job growth, tax benefits, and supply dynamics of these markets.

Watch out for the parts where Drew discusses stability, resiliency, and growth potential of Dallas and Austin compared to more volatile markets like Phoenix. Lastly, Drew touches on Breneman Capital's plans to open offices in Phoenix, Dallas, and Austin and focus their investments in those markets going forward.

Highlights:

2:45 - Why Drew Moved to Austin, Texas: Discover the motivations behind Drew's relocation from Chicago and the challenges he faced running a business in the Windy City.

8:36 - The Blueprint to Successful Real Estate Investing: Uncover the key factors contributing to the fiscal health of Texas and Austin, and how uncertainty in the real estate market influenced investment strategies.

12:58 - What's Most Indicative of Price Appreciation: Learn about the fiscal health, job growth, and population growth in Texas that contribute to the promising real estate market.

15:54 - Going All-In on the Sunbelt: Explore why Drew is focusing on the Sunbelt region and the next markets Brennaman Capital is targeting.

21:56 - Property Tax and New Supply Dynamics: Gain insights into the favorable property tax setup in Arizona, the impact of new apartment supply on the market, and rent growth projections.

26:52 - Dallas and Austin: The Growth Markets: Discover why Dallas and Austin are considered stable and prosperous markets for real estate investing.

29:28 - Global Financial Crisis Insights: Delve into the performance of Houston, Austin, and Dallas during the financial crisis and their emergence as fast-growing markets.

33:44 - Brennaman Capital's Future Plans: Learn about the strategy of capitalizing on depressed rents and potential expansion into markets like Nashville and the Carolinas.

39:59 - Conclusion: Recap the episode's key highlights and get ready for more exciting episodes of the Brennaman Blueprint podcast.

About The Breneman Blueprint:

Real estate is the most proven way to build wealth. But learning how to invest in real estate is not easy. You need a blueprint from other successful investors. That is what this podcast is all about.

In each episode, join Drew Breneman, a real estate investor who owns more than $200M in property, as he and his guests teach you what you actually need to know to be a successful investor. Whether you are a full-time active investor, a passive investor, close to retiring, just starting out, simply looking for an alternative to the stock market, this podcast is for you.

His company, Breneman Capital, is a private real estate investment management firm specializing in the multifamily property sector. Breneman Capital employs a deliberate investment approach, leveraging data analytics and proprietary technology to generate superior risk-adjusted returns for investors.

Breneman Capital has developed an investment strategy that aims to exploit market inefficiencies and reveal superior risk-adjusted opportunities through comprehensive use of technology and analytics.

Get started today as an investor or learn more at:

https://www.breneman.com

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https://www.youtube.com/@brenemanblueprint

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