Welcome back to another episode of The Richer Geek Podcast. Today we have Drew Breneman. He launched his first business at 14 and a successful internet venture in high school. By 19, he bought his first rental properties with online earnings, earning him a spot on HGTV as an emerging real estate star. He earned a BBA in Real Estate & Urban Land Economics from the University of Wisconsin-Madison.

Founder of Breneman Capital, co-founder of The Blackhawk Investment Group, LLC, and creator of Dwelle, Drew's diverse real estate experience spans from working with national development firms. As host of the Breneman Blueprint Podcast, Drew simplifies complex financial topics, making him a go-to speaker on multifamily real estate, risk assessment, and market insights.

In this episode, we’re discussing…

Building a Real Estate Mindset: Drew discusses the importance of developing a long-term vision and avoiding the get-rich-quick mentality prevalent in real estate.

Market Selection & Specialization: Discover Drew's strategy for identifying top MSAs and high-growth locations within them, ensuring strong tenant demand and appreciation potential.

Beyond the Fix & Flip: Learn why Drew prioritizes value-add deals with renovation opportunities and stable cash flow over quick flips.

The Power of Location: Explore how Drew leverages location data to pinpoint properties with the most significant upside potential.

The Current Market Shift: Gain insights into Drew's perspective on the rising interest rates and how they impact cap rates and investment strategies.

The Chicago Deal: Dive deep into Drew's current investment opportunity in Chicago, offering a projected 6% cash-on-cash return and long-term appreciation potential.

Resources from Drew:

LinkedIn | Breneman Blueprint Podcast | Breneman Capital | The Blackhawk Investment Group

Resources from Mike and Nichole

Gateway Private Equity Group | REI Words | Nic's guide