![]() His book, The Hands-Off Investor, is one of if not the best books teaching investors how to navigate real estate syndication. Praxis’ current portfolio exceeds $200 million of real estate assets under management. Brian Burke is an investor, author, and speaker who has acquired over 500 million in real estate throughout his career while finding time to build and scale his private equity firm, Praxis Capital. Brian has arranged well over $500 million in debt and equity for Praxis acquisitions. Acquired asset classes include single family homes, self storage, mixed-use and large apartment complexes in multiple states. ![]() Over the course of a real estate investment career that began in 1989, the offerings Brian manages have acquired over 750 properties, including over 3,000 multifamily units, with the assistance of proprietary software that he wrote himself. Praxis operates on multiple platforms, currently managing active syndications for the acquisition of single-family, multifamily and opportunistic residential assets in US growth markets. Brian is also a member of the Praxis Investment Committee. Visit megaphone.Brian Burke is President & CEO of Praxis Capital, Inc., a vertically integrated real estate private equity investment firm, which he founded in 2001. In no event will we be liable for any loss or damage derived from the information provided. Disclaimer: The information contained in this podcast is for general information purposes only. © Copyright © 2022 BiggerPockets LLC, All Rights Reserved. It is a slow read because it is very detailed. Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! There is a great book by Brian Burke, The Hands-off Investor that help you understand a syndication offering. Read The 2023 State of Real Estate Investing ReportĮxpert or Amateur? Do You Know Who Your Real Estate Syndicator Is? Subscribe to The “On The Market” YouTube Channel This book caters to both novice and seasoned investors seeking to build wealth and achieve financial independence through passive real estate investment strategies. Join the Future of Real Estate Investing with FundriseĬonnect with Other Investors in the “On The Market” Forums The Hands-Off Investor by Brian Burke is primarily targeted towards individuals interested in real estate investing but prefer a passive approach to property management. New construction and whether the high risk is worth the higher rewardĪdvice for both active and passive multifamily investors who want to avoid getting burnt in 2023įind an Investor-Friendly Real Estate Agent ![]() Key fundamentals to follow if you want to invest in multifamily in 2023 by Brian Burke The practical skills you need to understand income, cash flow projections, and investor waterfalls How to find syndication investment sponsors. The multifamily foreclosure crisis and how many investors could be forced into forbearance Risky debt and how new investors failed to think ahead with bridge loans and adjustable-rate financing The multifamily “bomb” that’s about to explode and how multifamily became so overleveraged But when should you hop in, start analyzing deals, and make bids? Stick around for this multifamily deep dive, as Brian will give you everything you need to know about the multifamily real estate market. So, what’s next for the multifamily housing market? Are the nation’s multifamily investments set to crash and burn? Not quite, but this could be the opportunity of a lifetime for the new investors looking for their next deal. He smelled something fishy happening in the multifamily space in 2019, and this same feeling saved him in 2022. Brian has successfully predicted multiple crashes, not because he has a crystal ball, but because he knows when to take profits. Now, these buyers have to reap what they sowed by selling a solid asset at a low price or falling into foreclosure.īut how did we get here? Wasn’t multifamily the hottest asset class of the past two years? This was supposed to be a foolproof way to build wealth, so what happened? Brian Burke knows, and that’s why he sat patiently on the sidelines, watching inexperienced syndicators bite off more than they could chew, refusing to listen to long-term investors. Everyone and their grandma was trying to buy the biggest apartment building they could, bidding well over asking without checking the fundamentals of the deal. What most people mistook as simple investments in 2020 are now turning out to be cash-hemorrhaging, high-interest, soon-to-go-bust investments. Multifamily real estate is by no means an easy asset class to buy into.
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