You are going to be inspired by today’s show. Drew Breneman, founder of Breneman Capital, started early. A natural-born entrepreneur, Drew started his first business at 14. He then launched a highly-successful internet business while in high school. His ambition for finding the best investment vehicle for his earnings from his internet business is what led him to real estate, purchasing his first two rental properties at 19 years old. His drive attracted the attention of HGTV, where Drew was featured as an up-and-coming real estate investor. He wanted to share what he had learned and aspired to provide direct real estate ownership opportunities to others.
Drew earned his BBA in Real Estate & Urban Land Economics from the University of Wisconsin-Madison’s Wisconsin School of Business — one of the top real estate programs in the nation. Upon graduation, he worked for three national real estate development firms, each of which focused on different product types, affording him a broad knowledge base for the office, retail, market-rate multifamily, and affordable multifamily sectors.
In 2005, he founded Breneman Capital (formerly Rise Invest) and co-founded The Blackhawk Investment Group in 2008, and Dwelle, a Chicago focused real estate investment and property management group, in 2019. He decided to buy a two family property in Madison where he went to school. When I asked him if he had any hesitation, he said no. He told me that he had the money and the numbers made sense.
Today Breneman Capital specializes in investing in multifamily in Phoenix, Dallas, and Austin. They have acquired $200M+ of investment property as key/sole GP. To date, he has had a 25%+ average realized IRR on investments sold.  Drew’s criteria for acquisitions is:
Multifamily real estate:
-$5M-$50M deal size-1980 or newer-Core-plus and value-add
How many times have you overthought an investment or talked yourself out of it? Drew talks about having the confidence, but only after you’ve done your research. If you’re as inspired as I was, make sure and check out his podcast the Breneman Blueprint. You can find out more about Drew and his company at: https://www.breneman.com/ or LinkedIn with him at: https://www.linkedin.com/in/drewbreneman/.

Thanks for Listening!