From Broke to Billionaire: Moshe Popack’s Multifamily Success
In this episode, commercial real estate expert Matthew E. Drane pulls back the curtain on the world of brokerage. He breaks down the essential traits of top-performing operators, the secrets to building impactful broker relationships, and his expert predictions on the multifamily market’s future.
Matthew shares his unique perspectives on:
- Mastering Broker-Operator Relationships: How strong communication and mutual trust can unlock exclusive deal flow and long-term success.
- Traits of Top Operators: The habits and strategies that separate the best operators from the rest, from clear underwriting to cultivating partnerships.
- Navigating Market Challenges: Matthew’s bold predictions for the multifamily market and how to stay ahead in uncertain times.
This episode is packed with actionable insights that will help you navigate the complexities of the market, build stronger partnerships, and refine your investment strategies. Whether you’re a seasoned investor, an aspiring operator, or simply exploring the world of commercial real estate, this episode delivers invaluable insights to elevate your journey.
Timestamps:
00:00 Intro
02:13 Matthew’s background and real estate journey
04:32 Decision to transition to brokerage
06:08 Developing entrepreneurial spirit & sales skills
08:34 The impact of working in a war zone
09:44 Scaling a brokerage business
12:44 Pivoting throughout the career
17:45 Tips for operators to nurture relationships with broker
23:00 Common traits of successful operators
28:27 Market predictions for the next 6-12 months
30:59 The advice for passive investors today
34:53 The most important metrics Matthew tracks
38:47 Giving back through brokerage training and mentorship
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