We welcome pro snowboarder turned pro syndicator Dan Brisse once again onto the show today. After finding his investments in IRAs and Life Insurance complicated and yielding little, Dan was advised by Provision to try out multifamily. Fast forward a few years and Dan landed up finding 35 units on his own before partnering up with Mike Roeder, starting Granite Towers, and moving into full-blown syndication.
Our gracious sponsor:
Gene Trowbridge and Jillian Sidoti, founding partners of the top syndication law firm Trowbridge Sidoti, have a legal team with over 88 years of combined legal experience. That team, along with their amazing support staff, has helped clients raise over 3.7 billion dollars in offerings by being dedicated to empowering entrepreneurs to raise capital legally, while allowing them time for other important things in their life. To learn more, visit the Crowdfunding Lawyers YouTube channel or website.
Watch the episode here:
Listen to the podcast here:
Since then he’s invested in 900 doors, has taken three properties full cycle and has led three syndications with a fourth scheduled to close before the end of the year. Dan joins us today to refresh our memories about how he got into the game, update us on his progress, and share some of his strategies for achieving such success. You’ll hear about how Dan translated his secrets for becoming a pro snowboarder into learning real estate, how his networks, team, and relationships form the bedrock of his philosophy, and how he and Mike went about finding a mentor. Dan also lets us in on the capital raising, upgrading, and management processes for his 86 unit in Cleburne. It’s not often that somebody manages to achieve so highly in two separate careers so don’t miss out on this episode to hear Dan’s secrets.
Key Points From This Episode:
- Dan’s journey with multifamily leading up to syndication.
- Why real estate is better than other kinds of investments due to its yields and simplicity.
- The newest syndications Dan is working on, and why he focusses on B and C class value ad.
- How Dan’s snowboarding philosophy of going after one thing translates into real estate.
- The buying, upgrading and management process of the 86 unit deal in Cleburne, Texas.
- Two relationships that are key to buying property: those with brokers and one’s team.
- Unsuccessful LOIs that Dan and Mike submitted before landing the Cleburne deal.
- Three things to do to build rapport with brokers.
- The benefits of the water conservation process using Niagara technology.
- Dan’s secret to buying and managing successful deals in states far away: commitment.
- The value of mentorship in success, how Dan found a mentor, and who it was.
- Resources and knowledge are the benefits of being in a good network.
- Dan’s business plan for the 86 unit and how he vetted his new management company.
- What it takes to raise capital: network and desire.
- The hardest part of real estate for Dan: juggling it with snowboarding.
- Four things Dan looks for in a properties in preparation for the downturn.
- How to best care for investors: hit your pro forma numbers and communicate.
- Who Dan’s most valuable new employee is.
[bctt tweet=”You don’t need to know everything. Just hire the best team members you possibly could find. — @dan_brisse” username=”whitney_sewell”]
Links Mentioned in Today’s Episode:
About Dan Brisse
Dan Brisse is a Principal at Granite Towers Equity Group. He oversees property management, acquisitions, and property development, along with investor relations. Dan’s commitment to the success of Granite Towers is rooted in his desire to help others gain financial freedom, thus allowing them to live their best lives. His passion for real estate and philanthropy is always embedded in his daily guidance, which keeps Granite Towers growing in a healthy direction. Currently residing in the state of Washington, Dan has been a professional snowboarder for more than a decade with multiple X Games Gold Medals. He is married and has two young boys.
Love the show? Subscribe, rate, review, and share!
Join the Real Estate Syndication Show Community: