How to manage the managers with his apartment investments. Joseph Bramante talks about how to scale and Heshel Mangel, our aspiring investor, has already accumulated 52 multifamily units and is poised and ready to scale his business.

Throwback Thursday - giving you our most popular episode so far.  This episode was originally published on August 12, 2020

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Joseph Bramante is co-founder and CEO of Houston based TriArc Real Estate Partners, a wholly integrated multifamily investment company. He purchased his first multifamily property in 2011, sight unseen, while working as a business team lead for ExxonMobil in Papua New Guinea. Today, working with business partners Carrie Breneman and Deborah Newsome, he has grown a portfolio of over 1100 units, increasing NOI by over 80% on average within 48 months post acquisition.

Email Joseph at [email protected]
Check out Joseph's website at www.triarcrep.com
LinkedIn profile: https://www.linkedin.com/in/josephbramante/

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Heshel Mangel came into this industry with absolutely zero background or knowledge – he had heard about it from a friend who's family was in the industry. At the same time, was really struggling with 9-5 job, working as an employee at a desk and knew change needed to happen, both for himself and my family. He moved back to his hometown Cincinnati, and within 12 months, he was an owner and manager of 52 units with two full-time staff - all in the affordable housing space.  He’s now working with local social services to ensure safe, secure, and affordable housing for his residents.

LinkedIn profile: https://www.linkedin.com/in/heshelmangel/

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Your host, Brian Briscoe, is a co-founder and principal in the real estate investing firm Four Oaks Capital.  He and his team currently have 168 units worth $7.5 million in assets under management and are continuing to grow.  He will retire as a Lieutenant Colonel in the United States Marine Corps in 2021. Learn more about him and the Four Oaks team at www.fouroakscapital.com or contact him at [email protected].

Connect with him on LinkedIn, Facebook, and on Bigger Pockets.

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Tweetable Quote:

"The easiest way to pass on tasks is to never take them on in the first place... and manage the manager from the very beginning."  
-Joseph Bramante

"The guys who focus on property management tend to get really bogged down and don't scale very fast because it is very labor intensive."
-Joseph Bramante

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