Transcript
A (0:04)
Welcome to the Major League Real Estate Podcast, a podcast for operators of large scale real estate portfolios. My name is Nathan Sosa and I'm your host. Together with my co host, Matt Hamilton, we talk about tax and legal strategies and we bring on operators large portfolios for in depth discussions on how they grow their business. We hope you enjoy. Hey everyone. Welcome to another episode of the Major League Real Estate Podcast. I'm of course joined by my co host, Tom and we've got a special guest on today, Brian Burke.
B (0:30)
Tom.
A (0:31)
Tom, could you do a quick intro for Brian?
B (0:33)
Yeah, absolutely. So, Brian Burke, he is the president and CEO of Praxis Capital, which is a vertically integrated real estate private equity investment firm which he founded back in 2001. And 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 the author of the Hands Off Investor, which is an insider's guide to investing in real estate syndications. I read that book and I believe. I believe I have it right there on my bookshelf. So a phenomenal book. Definitely would recommend reading it, whether you're an active syndicator or you're on the LP side. And Brian's also a frequent public speaker at real estate conferences and events nationwide. So we'll be diving into Brian's take on the multifamily market senior housing data centers. Of course, we'll touch on some tax things as well. And then also the current environment. We'll be diving into all that in just one minute.
A (1:27)
Real estate syndication tax is confusing to you. Well, that's why hopefully you listen to the podcast today. Also, you should go to our website, www.therealestatecpa.com and you'll be able to get access to the ultimate guide to Real Estate syndicators and Sponsors, which breaks down everything from our preferred returns depreciation strategies. Whether you're a GP or an lp, avoid costing mistakes and maximize your returns. Download the complete guide free and get the taxpayer you need to succeed. Brian, you've been on a guest on our Tax My REI podcast previously, but can you give us just a quick overview for any new listeners we've had previously of your background? Honestly, your story of how you got into real estate.
C (2:04)
Yeah, you know, I got into real estate when I was like 20 years old and I started flipping houses when I knew absolutely nothing about real estate. And it was kind of like I knew nothing, I knew no one, I had no money. So I figured, you know, what better career to get into than real estate investing?
