Joseph Bramante - The Pivot from Acquisitions to Ground-Up Development

Joseph Bramante shares his inspiring journey from corporate engineer to real estate entrepreneur who now leads a company with over 1500 units and $230M+ in assets. He discusses how he bought his first property at only 25 while living overseas, motivated by a desire to take control of his financial future. He also provides an inside look at pivoting into ground-up multifamily development, explaining the increased complexity versus acquiring existing properties. [00:00 - 07:52] - Getting Started in Real Estate InvestingSaw managers buying rentals, decided to do the sameBought first property at 25 while overseas just to accelerate retirementDidn"t fully understand at first but knew he had time and would figure it out [07:53 - 16:12] - Pivoting into Multifamily DevelopmentLower cap rates made new construction attractive starting around 2016Shorter duration deals allow faster capital recycling and higher returnsSpeed is crucial - changes can significantly impact projects [16:13 - 19:23] - Different Objectives: Development vs Cash FlowDevelopment focused on faster growth and capital appreciationCash flow investors prioritize ongoing passive incomeDifferent investors suited for each strategy [19:24 - 41:21] - Tips for New Investors & Market AnalysisTake action even if it seems difficult - did first deal from overseas at 25Be bold and jump in - you"ll figure things out as you goIgnorance can help you push forward before overthinking the risks Key Quote: "I recognized I needed to do something different … I never thought to start a business or had this big master plan that I was going to have all of these units. I just started with one." - Joseph Bramante _________________________________ Connect with Joseph on his Website! Connect with me: www.5talents.capital LinkedIn Instagram Watch 5T CRE on YouTube Leave us a review and receive your free ebook Email us --> abel@5tcre.com  5 TALENTS CAPITAL | ABEL PACHECO If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities. I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments. Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast. Support the show