Breneman Blueprint: Real Estate and Entrepreneurship Podcast

Chicago currently sits #1 in the nation for rent growth in the last 3 quarters and is #1 for least new supply.

“Chicago Posts Top Rent Growth, Outpacing Other Major Markets”

https://product.costar.com/home/news/shared/2106659681

In today’s episode, Drew sits down with Jordan Gottlieb, a seasoned multifamily investment sales broker at Essex Realty to discuss why this is happening and the opportunities and challenges facing the Chicago market both novice and experienced investors should be aware of.

Episode Highlights:

3:01 - Jordan's Introduction and Overview of Chicago's Real Estate Market

11:52 - Why Chicago has the Highest Rent Growth in America

21:17 - The Intricacies of Real Estate Taxes in Chicago

29:28 - The Impact of Domestic Outward Migration

38:12 - Financing Multifamily Properties in Chicago

48:44 - Comparison with the 2008 Financial Crisis

56:20 - Importance of Realistic Property Valuation in a Volatile Market

Want to connect with Jordan?*

Find out more about Essex Realty at their website essexrealtygroup.com/team/jordan-gottlieb/, or reach out to Jordan directly at www.linkedin.com/in/jordangottliebessex/.

Topics Covered:

Chicago's booming rent growth and what's fueling it

The scarcity of incoming supply in the real estate market

The importance of a dependable tax structure

Value-add investing strategies for the Chicago market

Financing multifamily properties: Insights and options

Comparing the current market scenario with the 2008 financial crisis

Being realistic about property valuation in fluctuating markets

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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

Watch All Episodes On Youtube:
https://www.youtube.com/@brenemanblueprint

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Breneman Capital on Social

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Real Estate Investor Guidebook For Passive Investors:

https://www.breneman.com/downloads

Navigating the complexities of real estate investing while working a full-time job can be daunting, and you might find yourself overwhelmed by the idea of taking that first step. In today's episode, seasoned investor Adam Sondgeroth shares his journey of overcoming these hurdles and successfully building a substantial real estate portfolio.

Adam is known for his hands-on approach and extensive portfolio management. He balances his full-time job as a railroad bridge inspector, all while leveraging unique strategies like lease options and owner financing, to thrive in the competitive market. His expertise extends into short-term lending and fix-and-flip projects, underscoring his versatility and commitment to real estate success.

“Don’t take advice from somebody that’s not in a position that you want to be in.” - Adam Sondgeroth

In this episode you will learn:

• How Adam transitioned into buying his first investment property.
• The importance of knowing your "why" in real estate investing and how to deal with naysayers.
• The challenges of successfully scaling up while holding down a full-time job.
• The significance of taking action in real estate investing rather than just acquiring knowledge.
• Strategies Adam used to secure owner-financed deals and the value of mentorship in his investment career.
• Adam's stance on hiring help and managing a large portfolio.
• The value of paid mentorship and real estate education.

Resources

• Reach out to Adam via email: [email protected]
• Visit Adam's website to see his company's offerings: https://www.sondgerothcapital.com
• Connect with Adam on LinkedIn: https://www.linkedin.com/in/adam-sondgeroth

This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.com

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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 on LinkedIn: https://www.linkedin.com/in/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 Difference

13:53 - Debt Market Hot Topic: Strategies and Financing

17:18 - Insider Tips: Sizing Debt Funds and Negotiating Loan Docs

39:02 - Affordable Housing Initiatives

1:12:35 - Multifamily Market Trends: Hidden Opportunities

1:25:40 - The Art of Knowing Your Deal: Expert Advice

Want to connect with Steve?

Send him an email: [email protected]

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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

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 strategy
7. The importance of hard work and career twists and turns

Some other key moments to watch out for:

5:15 - Pivoting strategy during the financial crisis to focus on secondary markets like Des Moines, Iowa

15:08 - The first larger deal that helped launch Artisan and brought partners

26:20 - The early challenges of scaling Artisan Capital Group

34:42 - Artisan Capital Group’s investment process, capital raising activities, and goals for continued growth

56:20 - From sourcing opportunities to financing large transactions

Interested in doing a deal with Artisan Capital? Visit their website: https://www.artisancapitalgroup.com/

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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

Some of the most successful real estate investors started out young, and with a lot of hard work, the right long-term relationships and the ability to overcome several challenges, have found themselves with hundreds of millions in assets under their belts. In this episode, Drew Breneman guests on the Zen and the Art of Real Estate Investing podcast, where he shares his experiences of starting out in the industry at a mere 19-years-old. He shares that starting off by managing a multi-bedroom property taught him valuable lessons in tenant management and helped him understand the intricacies of property management, which still serve him today.

“After I graduated college, I had invested all the money that I had and then was thinking, what could I do? And I figured this would be the perfect time to learn.” - Drew Breneman

In this episode you will learn:

• The story of Drew's first real estate deal at age 19 and the early experiences that shaped his investment philosophy.
• The importance of diversification and specialization in real estate investing.
• How to effectively manage properties and the significance of maintaining them to enhance tenant behavior.
• The different approaches to risk assessment and the importance of focusing on long-term gains in real estate.
• The role of relationships and mentorship in achieving success as a real estate investor.
• Practical advice for new investors on keeping things simple and seeking guidance from experienced professionals.

Resources

• Listen to the original episode on the Zen and the Art of Real Estate Investing podcast: https://podcasts.apple.com/us/podcast/creating-a-blueprint-for-real-estate-success-with/id1618352739?i=1000609602941
• Check out “How to Win Friends and Influence People” by Dale Carnegie: https://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034

This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.com

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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 on LinkedIn: https://www.linkedin.com/in/drewbreneman