How can the conservative yet burgeoning market of Salt Lake City redefine multifamily real estate investing in an era of economic fluctuations?
In this episode, Taylor Loht welcomes Brian Briscoe, a seasoned real estate investor and retired U.S. Marine, to discuss the intricacies of multifamily real estate investing, particularly in the promising market of Salt Lake City, Utah. Amid high-interest rates and market turmoil, Brian shares his journey from military service to real estate success, focusing on strategic market selection, the importance of growth areas, and navigating current challenges. Their conversation offers invaluable insights into long-term investment strategies, the impact of economic cycles on real estate, and the potential of Salt Lake City as a prime investment location.
Brian Briscoe is the founder and Visionary of Streamline Capital Group and has been a general partner in 1100 units worth over $120 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He founded Streamline Capital Group to provide long-term growth and cash flow for its investors.
[00:00:00 - 00:05:00] The Strategic Pivot to Salt Lake City
[00:05:00 - 00:10:00] Navigating Market Challenges
[00:10:00 - 00:12:00] Education and Aspirations in Real Estate
[00:12:00 - 00:15:00] Adapting Business Strategies
[00:15:00 - 00:19:00] Loan Assumption and Closing Thoughts
Quotes:
"The best thing you can do is pick an area that's going to grow." - Brian Briscoe
"The pendulum rarely stays on one extreme for very long." - Brian Briscoe
Connect with Brian:
Website: https://www.streamlinecapitalgroup.com/
Apply to Invest with Taylor at www.investwithtaylor.com
Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com
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