Episode 15

Published on:

4th Jan 2021

10 Years Until Profitability To Acquiring $500-Million In Real Estate - Brian Burke

Brian Burke has acquired over half a billion dollars’ worth of real estate over a 30-year career, including over 3,000 multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Brian has subdivided land, built homes, and constructed self-storage, but really prefers to reposition existing multifamily properties. 

Brian is the President / CEO of Praxis Capital and the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications.

[00:0108:35] Opening Segment

  • I introduce and welcome our guest, Brian Burke.
  • Brian talks about what he and Praxis Capital has been up to
  • Quick plug to Brian’s book title “The Hands-Off Investor.”
  • Grab a copy on www.biggerpockets.com/syndicationbook for bonus content offered by the publisher.

[08:3624:13] Struggle of Building a Business

  • Why real estate?
  • Brian shares his journey to investing in real estate
  • Brian shares a story from his first job working at a grocery store
  • DBA – filing a fictitious business name until you find interested investors
  • Quitting his job and transitioning to being a full-time real estate investor

 [24:1434:25] Acquiring $500-Million in Real Estate

  • Brian talks about his “AHA!” moment.
  • Brian shares the process of building up their portfolio.
  • A 10-year long journey to profitability

[34:2648:02] The Hands-Off Investor

  • Why did you get involved in BiggerPockets?
  • Writing his book titled “The Hands-Off Investor.”
  • Brian’s advice to a passive investor looking to invest with an operator

[48:0353:31] The Contrarian 3-Pack

  • What would you say is the most contrarian investment you’ve made?
  • Foreclosures 
  • What’s your favorite activity to do with your friends and family outside of work?
  • Flying airplanes
  • What actions, whether within work or family, offer you the most fulfillment in life?
  • The life I’ve created at home and the things that I’ve been able to see my investors benefit from.
  • Get in touch with Brian. See the links below.

Tweetable Quotes:

“Once in a while, you’re gonna go through some challenging times and some difficulty. Ultimately, it’s a growth opportunity, and I wouldn’t be where I am today or who I am today if I didn’t go through those challenges.” – Brian Burke

“If I could educate [investors] a little bit on kinda what to look for and what’s important and what’s not important. That’ll help people avoid some of the mistakes that they otherwise would make.” – Brian Burke


Resources Mentioned:


Get in touch with Brian on BiggerPockets, Instagram, and their website https://praxcap.com/. Interested investors can head over to http://investwithpraxis.com/.

LEAVE A REVIEW + help the podcast grow by sharing it with your friends, family, or someone in need.

Follow me on LinkedIn or visit our website to know more. 

Think Different. Earn Different. Live Fulfilled.

Show artwork for Contrarian Cashflow

About the Podcast

Contrarian Cashflow
Think Different. Earn Different. Live Fulfilled.
Have you ever thought there has to be more to offer from life?

I went to college....because they said that is what you do

I got a well paying job...because that is what they said to do

I reached Income and Net Worth goals....because that is what they said to do

As I attained each of those goals I didn't feel the change in myself I had expected. My life wasn't any different and it kept me wanting for more...

Who is they and why did I feel so compelled to listen??

After much introspection I have found relationships and fulfillment will lead to the most impactful life.

This podcast is about that journey, interviewing some of the most successful within investing and entrepreneurship. How we seek fulfillment in life and maintain motivation through life's ups and downs.

Please join us as we delve into becoming who you are meant to be.

About your host

Profile picture for John Blanton

John Blanton

John is an experienced sales professional and investor driven to help others surpass their goals and find fulfillment in life. He has a passion for gaining financial independence and helping others get there through investment cashflow. He is fortunate to be supported by his loving wife and two daughters. Favorite activities include spending time being active outdoors with his family.