In this episode, we’re joined by Andrew Brewer to give us some value from his real estate investing adventure, from investing in single-family out-of-state to redevelopment and commercial projects. 

We’ll also cover some of the steps he took to level up his real estate career, the value of having a supportive life partner in business, and the continuous expansion of his company across multiple asset classes. Tune in and never miss this episode!

Key Points & Relevant Topics

• Andrew’s background and his start in real estate navigating different asset classes
• Why Andrew decided to invest out of California and choose the Kansas market instead
• Challenges of operating and managing properties out-of-state
• The significance of having a support system in real estate investing
• Building a team and partnerships in starting a real estate development business
• Valuable market insights on Austin and San Antonio, TX
• The impact of real estate investing on one’s freedom and personal relationships

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Andrew Brewer

Andrew Brewer is a commercial operator and developer who brings years of experience in many facets of real estate to IronGall Investments. He is also the co-founder of Distance 3 Development, a San Antonio-based real estate development and investment firm. Prior to starting IronGall Investments, Andrew had a successful career as a stationary engineer. As an engineer Andrew oversaw operations in high-rise commercial facilities valued individually at over $200M. He successfully completed full building turnarounds of underperforming commercial assets leading to improved operations, lower maintenance costs, and improved resident experiences. In addition to his engineering work, Andrew has acted as a consultant in construction defect litigation lawsuits. He has assisted prosecutors in pursuing judgements in excess of $60M, and overseen commercial reconstruction projects valued individually at over $12m. 

Andrew formed IronGall Investments in 2017. Backed by Andrew’s experience in commercial asset management, construction defect litigation, and commercial reconstruction, IronGall Investments began to sponsor and develop multifamily, townhome, and single-family home communities. Since 2017, IGI has served as the lead sponsor and lead developer on multiple ground up development projects and land subdivision projects comprising hundreds of residential units valued at over 160 million combined. 

IGI has also acted as a General Partner on multiple other projects consisting of hundreds of apartment and mobile home units. 

Andrew works tirelessly to keep all of IronGall Investments’s projects running smoothly and rigorously evaluates all potential opportunities using IronGall Investments’s landmark “Systematic Selection” approach to project evaluation which includes a nuanced analysis of the strengths and weaknesses of each particular project and corresponding market. By conducting an extensive review of all the factors that could impact a project’s success and profitability, Andrew is able to develop and implement cutting edge business plans that take full advantage of the benefits of each market while providing multiple strategies to shield against any downsides. 

Andrew received a BA from UCLA where he double-majored in History and Anthropology and was on the Dean’s list each quarter that he attended. Upon graduation, he was awarded Summa Cum Laude Honors, College Honors, Highest Departmental Honors and graduated in the top 20 of a class of over 3,000. During his undergraduate studies, his thesis paper on “The Evolution Of Courtly Love” was selected for publication by the National History Honors Society. 

In his free time, Andrew is a competitive epee fencer and holds an “A” ranking, the highest ranking awarded by the United States Fencing Association. Andrew ended the 2020 Olympic qualifying trials ranked 34th in the USA in the Senior Men’s category.

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