The Market Outlook of A 30+ Year Multifamily Operator (It’s Not Pretty…) -with Brian Burke | RE Monopoly #203
Real Estate Monopoly - Ein Podcast von The Donis Brothers
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Headlines in the news are crazy right now, and the question you may find yourself asking is: which ones can I trust?
One of the best ways to access reliable information is to speak to experts with EXPERIENCE. Which is why we spoke with Brian Burke- a real estate investor who’s been in the industry for over 30 years.
During our conversation, he shared his outlook on the real estate market. And I’ve got to warn you…it’s not pretty.
Brian Burke is President / CEO of Praxis Capital Inc, a vertically integrated real estate private equity investment firm, which he founded in 2001. Brian has acquired over 800 million dollars’ worth of real estate over a 30-year career including over 4,000 multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Brian has subdivided land, built homes, and constructed self-storage, but really prefers to reposition existing multifamily properties. Brian is the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications, and is a frequent public speaker at real estate conferences and events nationwide.
During our conversation, Brian talks about:
🔥What is his outlook on the multifamily market, and the real estate sector at large?
🔥Why he’ll NEVER do a C-class property deal…
🔥Why he’s a vocal proponent of FLOATING RATE debt…
🔥Common mistakes investors make when it comes to rent growth and other assumptions…
🔥And more…
Get In Touch With Brian:
Website: https://www.praxcap.com/
Instagram: @investorbrianburke
Resource: www.biggerpockets.com/syndicationbook
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