In this episode, our guest, Tanner Webster, shares his journey. Tanner discusses how he learned the ins and outs of real estate development through hands-on experience, flipping houses, working for a developer, and then taking the risk on his first ground-up development project. Listeners will learn Tanner's strategies for raising capital from investors, navigating the development process, and why he is targeting Class B/C industrial real estate today.Highlights of this episode:00:00 Intro01:09 How did Tanner Webster get into real estate?03:21 The first deal in 201905:56 Cold calling and learning from a real estate developer13:14 Starting his first ground-up project18:45 Real estate development and financial strategies20:57 The benefits of Freddie Mac SBL loan23:22 Closing a $4.3 million renovation deal in cash29:28 The best way for people to start out32:13 Developing land for commercial uses36:47 Industrial real estate development45:09 Tanner giving back through his podcast48:25 Go out and be willing to fail Interested in chatting with Tanner? Connect with him on LinkedIn: https://www.linkedin.com/in/tanner-webster-76b182193/--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, Drew has an inspiring conversation with Yannis Papadakis, a key player at Commercial Real Estate Exchange, Inc. (Crexi), a groundbreaking tool in commercial real estate.Crexi started out as a for-sale and for-lease listing marketplace, but it is much more than that today. Yannis shares his journey from a real estate broker to a pivotal role at Crexi, revealing how the platform transformed his approach to property marketing. His foray into Crexi began while building a team at Marcus & Millichap, utilizing the platform's unique features to elevate his marketing game and currently, he focuses on business development, especially the auction platform.Highlights:00:00 - Episode Intro01:37 - Transitioning into Yannis’s background and his journey into the real estate 06:15 - How CREXI's transformative impact led Yannis’s to join the tech side.13:40 - Exploring CREXI’s Pro Tools and subscription service 17:48 - Teasing upcoming innovations and improvements within Crexi23:19 - How the buyer premium works and the benefits for both buyers and sellers.28:10 - Emphasizing transparency and how CREXI is leveling the playing field.32:05 - Benefits of the auction experience.37:46 - The increasing role of AI in different industries, including real estate.Interested in chatting with Yannis? Connect with him on LinkedIn:https://www.linkedin.com/in/yannis-papadakis-866a0bb6/---Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman

Looking into breaking into real estate investing? This episode featuring seasoned investor slash founder of Base 3 Development Gabe Horstick offers an inspiring case study for you. Learn about Gabe's inspiring journey, transitioning from banker to owning over $130 million in multifamily properties across 50 assets. Discover valuable advice on navigating early career paths, banking insights, and strategic real estate investments as we explore long-term wealth building, tax benefits, and managing outside capital. Key moments to watch out for: 7:31 - Gabe’s banking career, risk management, and real estate investing15:22 - Long-term wealth building19:25 - Tax benefits 35:13 - Pursuing entrepreneurial dreams 45:15 - Managing outside capital1:02:40 - Smart locks and technology in multifamily real estate development1:07:15 - Raising capital 1:11:08 - The role of simplicity and trust in real estate investing Connect with Gabe Horstick on LinkedIn or reach out to him at gabe@base3co.com ---Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman

In this episode, our guest Jonathan Barr, a multifamily investor and owner of JB2 Investments, shares how he grew from flipping houses with his parents to acquiring and managing apartment complexes worth more than $35 million. Jonathan details his path through strategic acquisitions, leveraging relationships, and reinvesting profits to maximize returns over the long run. You will gain valuable insights on sourcing off-market deals, understanding real cap ex costs, how to assess a building physically, and the importance of re-evaluating your investments based on your equity in them today vs your initial equity invested.  Highlights:02:00 How did Jonathan start investing in multifamily?05:23 The biggest mistake made07:28 What is accelerated depreciation?09:05 A transition from single to multifamily13:06 The strategy for multifamily units17:02 Return on the equity vs. the cash put into the deal20:21 The second deal in OKC24:36 New deal expectations and assessing units34:18 How can you benefit from Twitter or LinkedIn?39:12 How is Jonathan sourcing deals?40:27 Sharing valuable insights learned along the way 45:57 How to get in touch with Jonathan Interested in chatting with Jonathan? Connect with him on LinkedIn or Twitter (X): https://www.linkedin.com/in/jonathan-barr-jb2investments/ https://twitter.com/Jb2Investments---Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman

It’s with great pleasure that I welcome today’s guest, Steve Kundert, Senior Vice President of CBRE’s Debt and Structured Finance Group. Steve joins us to share his vast knowledge and expertise on capitalizing real estate projects. With over 20 years of experience in the mortgage industry, Steve has an unparalleled understanding of the intricacies of multifamily properties.This is a callback episode that I don’t want you to miss. This is one of my most favorite episodes, and Steve shared so many top-notch ideas that are honestly still ingrained in my mind to this day.Happy listening! Episode Highlights: 7:31 - Institutional vs. Private Real Estate: Understanding the Difference13:53 - Debt Market Hot Topic: Strategies and Financing 17:18 -  Insider Tips: Sizing Debt Funds and Negotiating Loan Docs39:02 - Affordable Housing Initiatives 1:12:35 - Multifamily Market Trends: Hidden Opportunities1:25:40 - The Art of Knowing Your Deal: Expert Advice Want to connect with Steve? Send him an email: steve.kundert@cbre.com---Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman

In this episode of Breneman Blueprint, let’s dive into personal finance as my incredible guest Matt Fore shares his journey from technology sales to a thriving real estate career. Matt is an investor who focuses on niche asset classes like car washes, mobile home parks, and real estate debt. Currently, through his company Next Level Income, he operates over 30 car wash locations and several mobile home parks. Their goal is to acquire 100 car wash locations by 2025.Join us as Matt uncovers his unique approach to achieving financial independence in just 3 years, utilizing clever strategies like recycling capital and investing in niche assets such as mobile home parks and real estate debt. Watch out for these episode highlights: 5:05 - How Matt achieved financial freedom in a span of 3 years 7:18 - How Matt got into real estate investing 12:52 - Investing in mobile homes 22:01 - Finding and underwriting mobile home park deals28:39 - Investing in car wash 34:52 - Financing car wash acquisitions 36:14 - Real estate debt strategy of lending to fix and flippers38:12 - Matt on living an intentional life and pursuing passionsInterested in investing with Matt? Tune in to his podcast Ice Cream with Investors or visit their website: https://nextlevelincome.com/ ---Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman

Ryan Cahalan, Founder & CEO of Artisan Capital Group, is a successful multifamily investor with over an $800M portfolio he has acquired in the past ten years. He joins Drew on the podcast this week, where they discuss:1. How to get started as a GP.2. Not following the herd (which led him to invest aggressively in Des Moines, IA)3. Scaling a GP Business.4. Mitigating Risk as a GP.5. Advice for GPs early on in their careers.6. Having an edge or unique strategy7. The importance of hard work and career twists and turnsSome other key moments to watch out for: 5:15 -  Pivoting strategy during the financial crisis to focus on secondary markets like Des Moines, Iowa15:08 - The first larger deal that helped launch Artisan and brought partners 26:20 - The early challenges of scaling Artisan Capital Group34:42 - Artisan Capital Group’s investment process, capital raising activities, and goals for continued growth56:20 - From sourcing opportunities to financing large transactionsInterested in doing a deal with Artisan Capital? Visit their website: https://www.artisancapitalgroup.com/ ---Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman

Aleksey Chernobelskiy, investment guru, shares insights on real estate investing as a limited partner. Topics covered include common misconceptions, due diligence for investment deals, sponsor selection, and potential risks. Tune in to learn about the three investment pillars, the importance of GP equity, understanding GP contribution, and the distribution of funds in a real estate investment partnership.

Joe Smazal, Senior Managing Partner of Interra Realty, one of Chicago's top multifamily brokers, joins us on this episode today. This is one of our best episodes, but it came out very early in our podcast's existence. So we want to replay it for everyone here today.In today’s conversation, Joe and Drew discuss what buyers can do to set themselves apart in the competitive real estate market. Tune in and join the conversation as Joe shares valuable insights and strategies to make a mark as a buyer in today's dynamic landscape.Joe absolutely crushed it with tip after tip in this one. A must-listen for any broker or buyer trying to gain an advantage in this ever-changing market.What to listen for: 12:28 - How real estate is a common thread among successful people + how to get started 23:38 - Scoring deals through phone calls27:14 - The power of time management and filtering emails31:52 - The best way to get to know buyers in the market 48:10 - A peek at Joe’s typical workday 52:01 - The importance of having a CLEAN DESK59:01 - The power of branding in your business1:03:21 - Interacting with clients and why honesty is critical Interested in chatting with Joe? Connect with him on LinkedIn: https://www.linkedin.com/in/joesmazal/ --Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman

Today’s episode is special—this marks Breneman Blueprint’s VERY FIRST episode about short-term rentals (STRs) with none other than Taylor Jones, Head of Acquisition for Techvestor, a company that acquires Airbnb properties and manages them as a passive investment opportunity for investors. In the last 19 months, Techvestor has acquired over 120 STR properties! Taylor and I kick off this episode with an essential chat about striking the right balance between occupancy and revenue in the short-term rental industry. We uncover the nuances of the short-term rental landscape and gain a deeper understanding of the evolving market dynamics and their impact on your investment strategy.We Discuss: 🔹 STR underwriting (line item by line item)🔹 Strategies for acquiring Airbnb properties🔹 Operations🔹 Financing deals🔹 Market selection🔹 Optimizing revenue through dynamic pricing and occupancy🔹 And more!Timestamps:3:25 - Short-term rentals and their yields4:58 - Vacation rental furniture and supplies maintenance12:10 - Vacation rental pricing and data analysis16:49 - Short-term rental strategies for multifamily properties20:25 - Estimating expenses for short-term vacation rentals22:51 - Insurance and maintenance costs for vacation rentals28:15 - Occupancy rates 34:42 - Vacation rental cleaning costs and turnover fees40:24 - Cleaning business costs and pricing43:03 - Optimizing costs and increasing revenue for short-term vacation rentals45:23 - Managing vacation rental inventory and costs52:43 - Real estate investing and tax benefits55:37 - Real estate investing strategies and financing options59:22 - Real estate investing strategies and market analysisJoin us as we shed light on effective investment strategies, delve into market analysis, and highlight the significance of leveraging favorable financing options for long-term success in the competitive world of short-term rentals.Follow Taylor on Twitter(@MrJonesSTRs) or connect with him on LinkedIn: https://www.linkedin.com/in/taylor-jones-38997154/ ---Breneman Capital: https://www.breneman.comInvestor List: https://www.breneman.com/investPassive RE Investor Guidebook: https://www.breneman.com/downloadsConnect with Drew: https://linktr.ee/drewbreneman