3RD GENERATION INVESTOR: From Dig Ditching to Luxury Real Estate & Multifamily Investing - Justin Brennan Episode #89

Justin Brennan grew up on his father’s job sites digging ditches witnessing and learning from him as a builder & developer. His father made him dig ditches lay pipes and understand the importance of hard work and the value of money. The 2008 crisis had a huge impact on his family’s business and it was a turning point for him to pivot. He worked as an asset manager for major banks and found a way into residential sales handling short sales and helping families. He began breaking into the La Jolla Luxury Real Estate Market and after 7 years in the business, he’s climbed into the top of the real estate game in La Jolla  leading one of the top real estate teams in San Diego. Selling  over $100M+ of San Diego Real Estate. Join us today as Justin steps into the lab and covers almost every cornerstone of the real estate umbrella. Let’s build! HIGHLIGHTS OF THE EPISODE 01:50  Background of the guest - Justin Brennan 06:10  Decided to pursue the family business 09:00  Looking at a specific land play 11:35  Finding specific and general plans 13:28  Getting a capital for the development 17:50  Tax advantages to land plays KEEPING IT REAL 24:39  Which real estate is having the biggest impact 28:29  Helping people out 30:19  Switching to Luxury Real Estate 33:22  Building relationships while investing with the sellers ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 37:48  Favorite Book - Make Your Bed by William H. McRaven 39:24  Best Habit - Meditation, Peloton and Drinking Coffee 41:33  Best Tool - Notes on iPhone | Siri 43:06  One 300 unit apartment vs 3 apartments of a 100 units - 3 Apartments 43:19  Class A or class B - Class B and C 43:55  Cash Flow or Equity - Cash Flow 44:15  Self managed or outsourced - Self manage 46:44  Describe a successful investor - Discipline BOOKS MENTIONED IN THIS SHOW Make Your Bed by William H. McRaven NOTABLE QUOTES (KEY LESSONS): “If you remove the risk out of the investment, the reward is gonna be less as well.” CONNECTING WITH THE GUEST Website: www.brennanrealestategroup.com YouTube | Facebook | Instagram | LinkedIn #ExperimentAssestManage