Drew Breneman

Protect & Grow Capital With Our Multifamily Investment Opportunities For Family Offices, Fund Managers, & High-Net-Worth Individuals

When I was 19, I bought my first property.

I didn’t realize it then, but that little duplex changed my life.

Now, 20+ years later, I’ve sourced, capitalized, and closed on over $250 million of properties for my firm, Breneman Capital.

I’ve worked closely with investors - family offices, PE, Fund of Funds, RIAs, and individuals - to help them generate income and wealth through multifamily real estate.

The old real estate adage says, “You make your money when you buy in real estate.”

I agree with that - but I think it’s only 50% true.

The other 50% comes in the execution. And I’ve built Breneman Capital through that lens. 

Our realized investments have produced an average gross return of:

• 27% IRR
• 2.3x equity multiple
• 14% average annual cash yield

This is across 14 full-cycle investments with an average hold period of 6 years.

In my opinion, our longest-standing investor relationships come down to 2 factors:

1) Our deals have performed well.
2) We focus on giving investors the best possible experience.

Real estate can be complex. But we like to keep our goals for our investors simple.

- Strong returns.
- Great experiences.
- World-class communication.

Here is what our investor said about us:

✅ Tim B.
“My wife and I wanted passive real estate heading into retirement. We’ve invested in multiple Breneman Capital deals and have been very pleased. They’ve helped us preserve and grow our nest egg without day-to-day work, and I recommend them to friends and co-workers.”

✅ Jim H.
“I’ve invested with Drew for 10+ years across 20+ projects. He’s the most knowledgeable real estate operator I’ve met and someone I trust. These investments have built long-term wealth for my family, with solid returns.”

If you’d like to set up an exploratory call, feel free to click the link in my Featured Section.

Founder & CEO

I started Breneman Capital in 2005 at age 19 to purchase my first rental properties and grow my own wealth. 

Today, we work with individual investors, Family Offices, PE, Fund of Funds, RIAs, etc., and allow them to invest alongside us in the best opportunities that we find (and have been for nearly 20 years).

Invest with us: https://www.breneman.com/invest

10 pieces of real estate advice I wish someone had given me when I was 20:

1. Start before you're ready.

I bought my first duplex at 19. I didn't know what IRR meant. My entire strategy was: If it's cash flow positive, my worst-case is holding it long-term and receiving cash flow each month.

2. Buy what's in front of you.

I was a student at UW-Madison, so I bought student rentals in Madison. My market study was polling friends about what they were paying.

3. Your W2 is education on someone else's dime...

I worked at a multifamily developer, then a retail developer. I knew nothing about commercial property when I started. I learned everything there, and I wasn't in a rush to leave while I was still learning.

4. ...So build while you work.

From 2008 to 2011, I worked three jobs simultaneously: my W2, self-managing my Madison rentals, and buying deals with my first investor.

5. Quit when your job starts costing you money.

By deal five, I'd already exceeded my W2 income. I still didn't quit until deal six was under contract. 

The math was simple: Could I make more reallocating my 9-to-5 hours to the next deal? When the answer was yes, I left.

6. Optimize for learning, not salary.

Comparing a $65K job to a $75K job? When you're 40, that extra $10K you passed up won't matter. What you learned is what compounds.

7. Get to your spot.

On that note, if you know where you want to go with your career, prioritize experience that will get you there. If you want to go out on your own someday, don't take a job as an analyst at a rating agency. Be a broker, get in the mix on actual transactions.

8. Periods of discipline feel longer than they are.

I lived in places under $1,000/month into my late 20s. At 26, I moved back in with my parents to extend my runway. 

At the time, it felt like a lot of sacrifice. But looking back from now that I'm in my 40s, it was all just a blip.

9. Get creative with financing.

I owner-occupied my first duplex for a lower down payment and better rate. You can still do FHA loans at 3.5% down on a 1-4 unit. Someone I know went 50/50 with her sister-in-law. One qualified for the loan, the other brought the cash.

10. The compounding happens later.

I bought $2 million of property as a college student. Same strategy on repeat: Buy, increase operating income, improve value, refi, buy again. 

By 2019, my first investor and I had built that into $80+ million.

--

P.S. What advice would you give to yourself when you were 20?

Founder @ Breneman Capital | Passive Multifamily Investments That Protect & Grow Capital | 21+ years in Real Estate | Trusted by 100+ Accredited Investors

Hiring general contractors can be a nightmare.

Use these 5 tips to find the best GC possible:

1. Check qualifications

Do your homework. Google the GC’s name and business name. See if any reviews are listed on public sites. 

2. Ask for referrals

The single most important part of hiring a GC is finding one you can trust. 

Reach out to other property owners and investors to ask for referrals. If you get a referral, take that GC out for a beer or coffee to get to know them better.

3. Ask questions 

• What is your payment schedule?
• How long have you been in business?
• Will I have a dedicated team for my project?
• How and where do you store your team’s tools?
• Do you have end-of-the-day clean-up procedures? 
• How far in advance do you order materials and where are they stored?

4. Vet the team

Talk with the job site superintendent and understand their expertise and approach to solving issues with subcontractors.

Who's going to run the painting crew? It's more important to talk with them than the salesperson for the contractor's company. 

5. Protect yourself when paying

Pay through a title company to ensure the contractors get paid and you avoid mechanics liens. This way, the owner is always protected since the title company will be providing a date-down endorsement.


To see the full list of 10 tips for hiring the right GC, check out our blog here: https://lnkd.in/dtdD2NjE

Fallbrook Financial Services Company

As Senior Managing Director of Tax Credit Investments, I specialize in monetizing and financing state and federal tax credits. Since 2012, I have personally closed over 4,500 tax credit transactions of ~$2B while saving my clients more than $150M.

The United States government, and numerous states have created subsidy programs as an incentive for individuals and companies to invest in areas in which they otherwise would not invest. These tax credits help investors lower effective tax rates, increase cash flow, as well as after-tax earnings, and improve their corporate image since the programs provide socioeconomic benefits to the citizens of the state offering the incentive. 

Specialties include:
Historic Tax Credits, Brownfield and Redevelopment Tax Credits, Conservation Easement Tax Credits, Low Income Housing Tax Credits, Hospital Tax Credits, Film Production Tax Credits, Research & Development Tax Credits, Real Estate Tax Credits, Angel Tax Credits, NOL Tax Credits, Renewable Energy (Wind and Solar) Tax Credits, and Tax Credit Financing and Bridge Lending.

Senior Managing Director of Tax Credit Investments

Consultant providing solutions for businesses in the area of human resource management. Responsible for product growth in geographically defined territory specializing in small and midsize businesses. Provide strategic counsel and integrated Professional Employer Organization (PEO) services enabling clients to positively impact bottom line by helping them reduce risk, stabilize cost and reducing administrative burden so that companies can focus on there core business. 

Automatic Data Processing, Inc. (NYSE: ADP), with over $10 billion in revenues and more than 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging 60+ years of experience, ADP offers the widest range of HR, payroll, tax and benefits administration solutions from a single source. ADP's cost-effective, easy-to-use solutions for employers provide superior value to companies of all types and sizes. 

ADP TotalSource combines ADP's stability, expertise, and powerful legacy of sustained growth with the innovative co-employment model. Business owners looking for relief from the enormous burdens of being an employer look to ADP TotalSource as a complete solution backed by the financial strength and extensive resources of one of America's most trusted companies. Total Source is a Human Capital Management Solution that allows small to mid-market companies the opportunity to tap into ADP’s size and leverage their procurement model. ADP Total Source encourages a proactive workforce management philosophy, which drives employee productivity and organizational profits. While giving business owners the comfort of a long term cost containment model as it relates to labor cost expenses, ADP Total Source provides choice and flexibility to help companies remain competitive in the marketplace, as well as a different perspective to their financial exposure.

TotalSource (PEO) District Sales Manager

The Guardian Life Insurance Company of America dba Pacific Advisors

Insurance brokerage sales manager working with indepedent agents throughout Southern California specializing in Individual Disability Income (IDI) insurance, Long Term Care (LTC) insurance, and Mutli-Life (GSI) disability income insurance.

Disability income insurance can replace your earned income when illness or injury impairs your ability to earn an income. 

Long Term Care insurance protects your wealth from depletion due to cost of care resulting from physical or mental incapacity. 

Life insurance provides peace of mind for you and your dependents during your lifetime and income to your dependents after your death.

External Wholesaler

Assisted clients in achieving true financial security by creating strategies that maximize wealth while protecting against wealth eroding factors such as taxes, inflation, and other financial costs. Planning structure utilizes a macroeconomic approach to planning and coordinates financial decisions though the use of a comprehensive economic model. 

Specialties include:
Wealth maximization strategies through retirement and tax planning, as well as insurance protection.

The Guardian Life Insurance Company of America is one of the largest mutual life insurance companies in the world. It has approximately 8,000 employees in the United States and a network of over 3,000 financial representatives in more than 70 agencies nationwide.

Financial Advisor at Pacific Advisors - Park Avenue Securities

New York Board of Trade

Independent options trader on a Commodity Exchange focused on flat price, forward curve, intra and inter-market spreads. Developed personal trading strategies, applying fundamental and technical analysis for long and short term trading. Specializing in the trading of futures and options in Coffee, Cotton and Sugar.

Independent Commodity Options Market Maker / Independent Trader

Natsource LLC

Advised clients to maximize and hedge their positions and profits through trade recommendations and execution. Filtered information from the floor to customers to help assist over-the-counter Natural Gas traders in executing orders.

Senior Institutional Energy Broker - Natural Gas Options, Basis and Physical Swaps

Nelson Communications

Responsible for coordination of all aspects of traffic and production, ensuring delivery of 
client projects on time and on budget.  Maintained daily status reports, opening jobs, project estimating, budget tracking and job trafficking.  Served as a liaison between account groups, creative teams, and production studio and was an integral member of account teams for Siemens Hearing Instruments, Hoechst Marion Roussel and Centocor, Inc.

Account Manager

Skilled professional with over 25 years of financial industry experience. Maintains a record of successfully developing customized financial strategies to meet client needs. Able to manage multiple projects and relationships with diligent attention, and continual analysis of economic trends. Successful in analyzing business and investment opportunities, quickly understanding individuals, corporations and their risk tolerance. Strong performance in new business development, growth, and diversification.

taplio

The Battle

Drew Breneman

JUSTIN GORDON, MBA

Followers

Posts

Engagements

Likes

Performance ScoreDrew Breneman's LinkedIn Performance

Ready to grow your LinkedIn presence?

taplio

The Battle

Drew Breneman

JUSTIN GORDON, MBA

Followers

Posts

Engagements

Likes

Performance Score.css-goub6s{font-size:var(--chakra-fontSizes-md);font-weight:500;color:var(--chakra-colors-gray-600);display:block;margin-top:var(--chakra-space-1);}Drew Breneman's LinkedIn Performance

Ready to grow your LinkedIn presence?

Performance ScoreDrew Breneman's LinkedIn Performance