LIFE WITH MIKEY11 Marras 2025

Would you walk away from $800K to protect your investors: Justin Brennan’s Real Estate Playbook

Justin Brennan watched his family go from “riches to rags,” then rebuilt with cash-flow discipline, learning the hard rules of leverage, investor trust, and timing. In this episode, Justin Brennan breaks down how he moved into a model unit to push a 121-unit across the finish line, why he ate an $800,000 loss to protect investors, and how that decision unlocked an off-market 80-unit in San Diego. If you’re raising capital in 2025 or operating in the Sunbelt, this one’s a must-watch.

Timestamps

0:00 - The $60M wipeout that changed everything (cash flow > speculation)

13:17 - Rates spike 11 times, operator moves into the property, drives lease-up to 98%, locks Fannie Mae at 5.49% seven days before the 10-Year pops

16:10 - Why he walked from $800,000 hard to avoid risking $12M of LP capital and how that led to an off-market 80-unit in National City

25:00 - “Worst years” for REI: 2023, 2024, 2025 and the Sunbelt oversupply math vs. coastal moats

27:54 - Why California still prints wealth (if you live here and can survive the red tape)

59:25 - Where to find Justin’s playbook (YouTube: “Justin Brennan multifamily”)

What You’ll Learn

The operator mindset that can rescue a value-add when debt turns against you.
How saying no (even at a huge cost) can win lifelong LP trust and better deals.
Sunbelt vs. Coastal: vacancies, oversupply, cap-rate reality, and why local advantage matters.
Building from cash flow up: the $100K condo to multi-hundred-unit progression.

#realestateinvesting #realestate #investing

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(104)

Estate Planning Explained: Trusts, Wills, and Powers of Attorney

Here's the part you may not know: if you never write down what happens when you die, the government already wrote it down for you.In this episode, Mikey and Michael break down estate planning without ...

18 Elo 30min

The Truth About Side Hustles

There's an invisible economy cooking. Almost half of Americans earned side hustle money this past year, and most of them are still trading time for dollars.In this episode, Mikey Taylor and Michael Mi...

11 Elo 26min

Foreclosures Just Jumped 21%. Is This 2008 Again?

Foreclosures just spiked 21% and everyone is asking the same question: is this 2008 all over again?We pull the curtain back on the scariest housing number of the year. You'll learn why 230,000 foreclo...

4 Elo 21min

Why $700 Billion Is Flooding Into One Asset

Cities across the country are voting no on data centers and people may not know what they're actually voting on.In this episode, Mikey Taylor and Michael Michalov break down an asset class that has re...

28 Heinä 28min

5 Ways the New Housing Law Could Affect Real Estate

One of the biggest housing laws in 30 years just passed and both parties agreed on it.In this episode, Mikey Taylor breaks down the "21st Century Road to Housing Act": including who the legislation ap...

21 Heinä 21min

The Truth About Mortgage Rates

The Fed isn't the reason your mortgage costs what it costs and buyers may be watching the wrong numbers.In this episode, Mikey Taylor and Michael Michalov break down why the housing market stalled, w...

14 Heinä 33min

The 5 common behavioral biases that can influence investment decision-making

The biggest threat to your portfolio may not be the market. It could be the story your brain is telling you.In this episode of Life With Mikey, we explore five common behavioral biases that can influe...

7 Heinä 28min

The Real Reason Homes Got So Expensive

For two years, everyone's been watching interest rates. But there's a quieter number shaping home deals right now and many people aren't talking about it.In this episode, Mikey breaks down how home in...

30 Kesä 13min