brianburke

THIS IS A REPLAY of Episode 166.

 

In light of the current volatile market, we Invited Brian Burke to share his valuable insights on making informed investment decisions. Increase your chances of success as he highlights the significance of building robust business relationships and evaluating potential risks before investing to help you confidently navigate shifting markets!

 

WHAT YOU’LL LEARN FROM THIS EPISODE 

• Why a background check is crucial when selecting an operator

• 3 strategies to help you build and maintain trust with potential investors

• What influence does the government have on market predictability?

• Different RE debt structures and which one is best for you

• Common mistakes first-time investors make and how to fix them

 

RESOURCES/LINKS MENTIONED 

• The Hands-Off Investor by Bryan Burke | Kindle and Paperback

• BiggerPockets

 

ABOUT BRIAN BURKE

Brian Burke has acquired, renovated, and disposed of over 750 residential assets and 3,000 multifamily units. Including over $500 million of real estate in several sectors: multifamily, single-family, hospitality, self-storage, mixed-use, and vacant land. Burke has 31 years of investing experience, with 20 years in multifamily. He’s performed underwriting, valuation, and title examination of thousands of properties for acquisition at trustees’ sales. Throughout his investing career, he’s built homes, built self-storage, renovated a lakefront resort, and bought/renovated hundreds of homes and apartments. His most significant acquisition to date was close to $50 million.

 

CONNECT WITH BRIAN

• Website: Praxis Capital

• Instagram: @investorbrianburke

• BiggerPockets: Brian Burke

 

CONNECT WITH US 

• Email: shawn@greenbriarcg.com 

• Instagram: Shawn Winslow

• YouTube: Shawn Winslow

• LinkedIn: Shawn Winslow

• Facebook: Shawn Winslow

 

Real estate has always been a rewarding asset class but requires adaptability and a keen understanding of market conditions. So, Brian Burke joins us to share key insights, from building a team to finding passive investing opportunities while thriving in today's market. Tune in to learn more!

 

 

Key takeaways to listen for:

• Brian’s transition from flipping to multifamily investing
• Helpful tips for building a successful real estate team and portfolio
• Insights on the current real estate market trend
• What you should know about passive real estate investing
• Practical tip on selecting investment strategies today

 

 

Resources:

• The Hands-Off Investor by Brian Burke | Kindle and Paperback
• Real Leaders Don't Do PowerPoint by Christopher Witt and Dale Fetherling | Kindle, Paperback, and Hardcover
• TedTalks by Chris Anderson | Paperback and Hardcover

 

Head to BiggerPockets to grab Brian's book "The Hands-Off Investor: An Insider's Guide to Investing in Passive Real Estate Syndications" with free bonus content. Grab your copy now at https://biggerpockets.com/syndicationbook/.

 

 

About Brian Burke

Brian Burke is the president and CEO of Praxis Capital Inc., a vertically integrated real estate private equity investment firm. Brian has acquired over half a billion dollars worth of real estate over a 30-year career, including over 3,000 multifamily units and more than 700 single-family homes, using proprietary software he wrote himself. Brian has subdivided land, built homes, and constructed self-storage but 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 speaker at real estate investment forums and conferences nationwide.

 

 

Connect with Brian

• Website: Praxis Capital
• Instagram: @investorbrianburke

 

 

CONNECT WITH US

Are you looking for the easiest way to grow your passive real estate portfolio? Visit Great Venture Capital to join our Investor Club today!

 

 

Follow Our Social Media Pages

Facebook: Great Venture Capital

LinkedIn: Great Venture Capital

Connect on LinkedIn: Justin Dixon

Email: Justin@GreatVentureCapital.com

Being an honest leader may seem like a given. However, being honest with your team is not for every leader. Many leaders don’t like to share the bad news. I believe in transparency. Today’s guest is Brian Burke, Chief Mac Man at SellYourMac.com. Inc Magazine ranked its company #4794 on the 2021 Inc 5000 list. SellYourMac.com is a trusted buyer and seller of used Apple products, through a simple online platform. Brian gives you insights on being honest with your team. We discuss why leaders must be transparent. We also look at what gets in the way of being honest.

 

Get the show notes for Being Honest with Your Team is a Path to Growth with Brian Burke at SellYourMac.com

Click to Tweet: Listening to a fantastic episode on Growth Think Tank featuring #BrianBurke with your host @GeneHammett https://bit.ly/gttBrianBurke

 

#BeingHonestWithYourTeam #GeneHammettPodcast #Inc2021 #GHepisode904 #buyerandseller #Appleproducts

Give Growth Think Tank a review on iTunes!

Welcome to the Managing CRE Risk podcast with Jeremy Goodrich. On the show today, we have one of the behemoths in the CRE world, a returning guest, Brian Burke. Brian has been investing in real estate for 30+ years, he has tons of doors in his portfolio and he’s a contributing member to the Bigger Pockets community. In our conversation, he gives us insight into how risk works in his portfolio, how he thinks about it, and how he navigates it.

Learn more about Brian and his journey at shineinsurance.com/managing-commercial-real-estate-risk!

“Nothing gives you a better education than experience. And especially bad experiences.”

 

4:10

At the beginning of the show, Brian talks about how he gained experience in real estate investing. According to him, adversity and difficulty are the greatest education and through them, we can gain a lot of experience.

 

During his long career, Brian realized that the best way to mitigate real estate risk is to not have too much debt and not be over-leveraged. His advice for new investors to avoid over-leveraging is to slowly keep expanding their base of investors and always invest within their means.

“When you have a property that goes up in value as quickly as in this market, you have to sell it and cash in.”

 

14:44

Brian explains the most significant external pressures on investors in the current market. 

• The biggest risk is labor shortage. It’s difficult to find good people to manage properties.
• Intense demand for income real estate is causing prices to run up incredibly high.

 

According to Brian, in this market, it’s very easy to sell properties as everything is appreciating fast. His advice for buyers is to be thoughtful about the assets they buy. Some assets still make sense to acquire because the rents are also going up tremendously.

About Our Guest, Brian Burke

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 he 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.

Mentioned in the show:

1. https://praxcap.com/
2. Brian Burke - The Hands-Off Investor
3. His LinkedIn
4. Shineinsurance.com
5. www.shineinsurance.com/managing-commercial-real-estate-risk
6. Jeremy’s LinkedIn

Need an instant insurance ballpark for your next Multifamily deal?! Answer 9 simple questions and we’ll give you a sense of what insurance should be. Visit us here for everything you need to know: https://www.shineinsurance.com/ballpark/ 

 

Special thanks to Brian Burke for taking the time to share so many great insights with us

 

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Then, please share the show with whoever you think it will inspire.

Until the next time, We truly appreciate you listening.

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More great stories & information at:

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If you enjoyed this episode, then you’ll love these ones:

• How To Passively Invest In Real Estate, With Brian Burke
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• 110: 3 Silos Of Risk