Episode 11 - How to Become the Ultimate Hands-Off Investor
In the 11th episode of Purpose-Driven Wealth, your host Mo Bina and guest Brian Burke talk about why the detail-oriented reader-investor would love the book The Hands-Off Investor. After sharing the basic formula for cap rates in one chapter of the...
In the 11th episode of Purpose-Driven Wealth, your host Mo Bina and guest Brian Burke talk about why the detail-oriented reader-investor would love the book The Hands-Off Investor. After sharing the basic formula for cap rates in one chapter of the book, Brian answers the biggest misconception most have regarding cap rates. Here, he also shares his two cents on core competencies, the qualification and quantification of sponsors, and the balance he had to keep as an author.
In this episode we covered:
- Don’t wander too far away from your core competencies
- Is having market experience enough?
- Cap rates are just market forces
- Will cap rates compress, expand, or level off in the coming years?
- Brian Burke – on why he wrote the book The Hands-Off Investor
- and so much more!
About Brian Burke:
Brian Burke is President & CEO of Praxis Capital, Inc., a vertically integrated real estate private equity investment firm, which he founded in 2001. Brian is also a member of the Praxis Investment Committee. Praxis operates on multiple platforms, currently managing active syndications for the acquisition of single-family, multifamily, and opportunistic residential assets in US growth markets.
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. Acquired asset classes include single-family homes, self-storage, mixed-use, and large apartment complexes in multiple states.
Brian has arranged well over $500 million in debt and equity for Praxis acquisitions. Praxis’ current portfolio exceeds $200 million of real estate assets under management.
Brian is the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications and a frequent public speaker at real estate conferences and events nationwide.
Follow Brian Burke on:
Website: https://praxcap.com/
LinkedIn: https://www.linkedin.com/in/praxiscapital
Facebook: https://www.facebook.com/praxcap/
Twitter: https://twitter.com/praxcap
The Hands-Off Investor, Book by Brian Burke:
Connect with Mo Bina on:
Website: https://www.high-risecapital.com/
Medium: https://mobina.medium.com/
For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:
https://www.high-risecapital.com/resources-index
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