Why Athletes Go Broke (And How This Pro Snowboarder Avoided It)

What happens when a six-time X Games competitor realizes the athletes he idolizes are losing their homes, battling addiction, and going broke? Dan Brisse made a decision that changed his life — and now he's helping 750+ investors do the same through multifamily real estate.Dan Brisse is the co-founder of Granite Towers Equity Group, a private equity firm specializing in multifamily value-add apartments. Before building a real estate portfolio, Dan spent 15 years as a professional snowboarder — competing in six X Games, winning multiple gold and silver medals, and gracing the covers of major action sports magazines. After watching his peers flame out financially, Dan taught himself to invest, built passive income streams, and transitioned into full-time real estate. In this episode, Dan shares the raw story of his journey from living on peanut butter sandwiches in Salt Lake City to running a PE firm with hundreds of investors.Topics discussed:How parental support and belief shaped Dan's career trajectoryThe financial destruction Dan witnessed among elite athletesDiscovering passive income and the books that changed everythingBreaking down a real multifamily deal: acquisition to exitHow Dan's wife becoming a real estate professional saved them $35K+ in taxesThe depreciation strategy that took his tax bill from $52K to $17KWhat Granite Towers looks for in a perfect dealFixed debt vs. bridge debt and why hold period mattersInvestor relations best practices: transparency over perfectionWhy you should never rush into a deal with the wrong partnerRay Dalio's Changing World Order and why inflation is the silent wealth killerThe mindset shift from trading time for money to building passive income🔗 Website: https://www.thedealpodcast.com/ Joshua Wilson on LinkedIn: https://www.linkedin.com/in/joshuabrucewilson/YouTube: https://www.youtube.com/@dealpodcast Powered By: FA Mergers https://www.famergers.com/📩 Want to be a guest or have a topic suggestion? Reach out via LinkedIn or our website.🎧 Subscribe and leave a review so you never miss an episode!Curious what your business is worth? Request your free valuation at famergers.comDisclaimer: Joshua Wilson is a licensed Florida real estate broker and holds FINRA Series 79 and Series 63 licensure. The Deal Podcast is presented by FA Mergers and is produced for informational and educational purposes only. Nothing discussed constitutes investment advice, legal or tax advice, a solicitation, or a recommendation to buy or sell any security or to pursue or avoid any transaction. All views and opinions expressed by the hosts, co-hosts, and guests are their own and do not necessarily reflect the positions of FA Mergers, One Iron Network LLC, any regulatory agency, or any employer. Listeners should consult their own legal, financial, and tax professionals before making any business, financial, or transaction decision. This podcast does not constitute a solicitation or recommendation for any financial products or services.Let's Connect on LinkedIn:https://www.linkedin.com/in/joshuabrucewilson/To Contact Us, Please Visit:https://www.thedealpodcast.com/contact/