The Multifamily Wealth Podcast

In this episode, we welcome Drew Brenemen, a seasoned multifamily real estate investor who started in real estate investing while still in college. He shares his insights on navigating different points in the market cycle and why the concept of risk-adjusted returns is essential to understand, for both passive investors and sponsors. We'll also be talking about how Drew successfully took down the largest deal he's ever done during the midst of the COVID-19 pandemic. Join us for a fascinating conversation with Drew Brenemen and get inspired to take your real estate investments to the next level.Drew earned his BBA in Real Estate & Urban Land Economics from the University of Wisconsin-Madison’s Wisconsin School of Business — one of the top real estate programs in the nation. Upon graduation, he worked for three national real estate development firms, each of which focused on different product types, affording him a broad knowledge base for the office, retail, market-rate multifamily, and affordable multifamily sectors.In 2005, he founded Breneman Capital (formerly Rise Invest) and co-founded The Blackhawk Investment Group in 2008, and Dwelle, a Chicago-focused real estate investment and property management group, in 2019.Show Notes:The importance of evaluating deals on a risk-adjusted basis How Drew was able to close his largest deal right as the pandemic hitWhy focusing on newer properties makes growing a multifamily business easierThe reasons Drew stopped buying retail/office/industrial and started buying multifamilyStruggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Join Here: https://alignedrep.com/investor-application/Connect with Axel:Follow him on InstagramConnect with him on LinkedInLearn more about Aligned Real Estate Partners Connect with Drew: Website: www.Breneman.comPodcast:  Breneman Blueprint

In this episode, I talk about why you need to focus on creating "assets" in your business that you can continually share with investors, lenders, partners, etc. - build a scalable business!Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Join Here: https://alignedrep.com/investor-application/Connect with Axel:Follow him on InstagramConnect with him on LinkedInLearn more about Aligned Real Estate Partners

Join us for this week's episode as we sit down with Zach Hoereth, a seasoned real estate investor and entrepreneur. Zach shares his expertise on how to successfully navigate the world of multi-family deals and starting a business. From the role of brokers and the importance of cold calling to the value of email marketing and transparency in financial situations, Zach covers it all. He also delves into the key factors to consider when looking for a buyer and shares his direct approach as a direct seller.Tune in to learn about the latest trends in multi and single-family housing, the impact of macroeconomics on problem-solving, and how having the right mindset and approach is essential for continuing investment in real estate. Whether you're a seasoned pro or just starting out, this episode is a must-listen for anyone looking to make their mark in the multi-family space.Show Notes:● Tips for buying small-midsize multifamily deals ● The value of cold calling to find multifamily deals● Why starting with small deals is the best move● Buying properties for $1 (literally)!Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Join Here: https://alignedrep.com/investor-application/Connect with Axel:Follow him on InstagramConnect with him on LinkedInLearn more about Aligned Real Estate PartnersConnect with Zach:Instagram: @zach.hoerethTwitter: @ZachHoereth

If you need help understanding what you should be working on while transaction volume is down, listen to this episode!Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Join Here: https://alignedrep.com/investor-application/Connect with Axel:Follow him on InstagramConnect with him on LinkedInLearn more about Aligned Real Estate Partners

Join us in this episode of the podcast as we welcome John Bowens, a representative from Equity Trust Company, to learn more about directly investing in real estate through a retirement account (and the tax benefits of doing so).John provides a comprehensive overview of the three-step procedure and explains the fundamental differences between a Traditional IRA and a Roth IRA, highlighting the significance of compounding interest. He will also delve into self-directed real estate accounts, specifically discussing the benefits of utilizing a Self-Directed IRA.Additionally, John will provide an advanced tactic to consider when executing two IRA transactions to optimize investments while minimizing the effects of UBIT Tax. This discussion is a thorough overview of the nuts and bolts of actively and passively investing via a retirement account - you don't want to miss it!What we discuss: - How to setup and leverage a self-directed retirement account - The difference between a traditional IRA and a Roth IRA - Investing in real estate using a self-directed retirement fund - Leveraging compounding interest in the absence of taxationStruggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Join Here: https://alignedrep.com/investor-application/Connect with Axel:Follow him on InstagramConnect with him on LinkedInLearn more about Aligned Real Estate PartnersConnect with John:Website: https://www.trustetc.com/LinkedIn: https://www.linkedin.com/in/john-bowens-48331514YouTube: Equity Trust Company

In this episode, I talk about vertical integration - defining what it is, why investors decide to vertically integrate, and some of the challenges with doing so.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

Starting a real estate investment firm out of college is a massive challenge, from raising money to brokers not taking you seriously. In this week’s episode, I chat with Jake Pence to discuss how he overcame these challenges and built a successful investment firm. He explains the importance of building a relationship with brokers in the same season as he is and leveraging somebody else’s experience, network, and liquidity to push your real estate investing forward. Jake shares his insights on evaluating an investment's risk and how he uses a scorecard to compare deals (cool stuff)! We discuss understanding the market’s ebb and flow to make the best use of your time. Whether you’re an experienced investor or just getting started, this episode is a must-listen for anyone looking to succeed in the world of real estate.Originally from Central Illinois, Jake Pence went to college at the University of Illinois, where he studied finance with a concentration in real estate. During college, Jake purchased his first investment property and interned for two large real estate private equity firms, where he worked in various property management, asset management, and acquisitions roles. Jake decided to start his firm, Kaski, immediately after graduating in 2019.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show Notes:Overcoming the challenges of raising money with a very limited track recordThe importance of knowing the level of decision-making criteria of a higher level of competitionHow being consistent and intentional can help you attract investors and brokersBenefits of knowing exactly what your investors want and how much they are willing to spendHow to leverage somebody else’s experience, network, and liquidity to push your investment forwardSecrets to quantifying the different risks in doing dealsNetwork with Jake:Website: investkaski.comInstagram: Jake PenceLinkedIn: Jake PenceTwitter: Jake PenceConnect with Axel:Follow on InstagramFollow on LinkedInInvest with Aligned Real Estate Partners 

In this episode, I talk about what people frequently get wrong about buying courses or paying for education. There are no silver bullets!Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

In this episode, I talk with Terrance Doyle, the founder, and CEO of VareCo, a successful real estate investment company focused on buying and operating value-add multifamily properties. Terrance shares his personal story and how he was able to overcome the challenges of not having a traditional financial background and educate himself in the field of real estate. We discuss the importance of pairing great sales skills and relationship development with operational excellence. Terrance explains how having control over all aspects of the real estate development process — from acquisition to construction to management — has allowed VareCo to be more efficient, cost-effective, and responsive to market conditions. Terrance offers valuable insights and advice for those looking to succeed in the real estate industry, and for anyone who wants to learn more about wealth creation and financial education. Don’t miss this opportunity to learn from one of the best in business!Terrance Doyle is a full-time multifamily operator focused on heavy-value add deals. Terrance started his career in real estate, flipping homes in 2008 after over 600 single-family flips and building an entire construction team; he saw the opportunity to scale up. Terrance then founded the Value Add Real Estate Company (VareCo) in 2015. Since then, it has grown its portfolio yearly, averaging 10 multifamily acquisitions annually between two markets with deal sizes averaging $10M. Currently managing $250M in assets, VareCo holds 600+ units in Terrance’s hometown of Des Moines, Iowas, and 600+ units in Denver.Check out the episode I did with The Multifamily Mentors Show to know how to find off-market deals and much more.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Show Notes:The importance of educating yourself on the fundamentals of business and moneyHow to identify when you should "level up" and scale your portfolioHow to edge out the competition by developing relationshipsBenefits and risks of a vertically-integrated organizationHow to leverage design by knowing your market to add disproportionate value to propertiesConnect with Terrance:Instagram: Terrance DoyleLinkedIn: Terrance DoyleWebsite: thevareco.comConnect with Axel:Follow on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners

In this episode, I discuss how an investor should think about delegation in their multifamily business, specifically, the three levels of delegation and when investors should make specific hires.Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinLearn more about Aligned Real Estate Partners