{"id":10746,"date":"2024-01-15T10:58:28","date_gmt":"2024-01-15T18:58:28","guid":{"rendered":"https:\/\/bonavestcapital.com\/podcast\/?p=10746"},"modified":"2024-01-15T10:58:28","modified_gmt":"2024-01-15T18:58:28","slug":"sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner","status":"publish","type":"post","link":"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/","title":{"rendered":"SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10746\" class=\"elementor elementor-10746\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-292ccb3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"292ccb3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;waves&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M790.5,93.1c-59.3-5.3-116.8-18-192.6-50c-29.6-12.7-76.9-31-100.5-35.9c-23.6-4.9-52.6-7.8-75.5-5.3\n\tc-10.2,1.1-22.6,1.4-50.1,7.4c-27.2,6.3-58.2,16.6-79.4,24.7c-41.3,15.9-94.9,21.9-134,22.6C72,58.2,0,25.8,0,25.8V100h1000V65.3\n\tc0,0-51.5,19.4-106.2,25.7C839.5,97,814.1,95.2,790.5,93.1z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-307f24d1\" data-id=\"307f24d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a212e3 elementor-widget elementor-widget-heading\" data-id=\"0a212e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffe13ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffe13ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7eaef7d\" data-id=\"7eaef7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a472c76 elementor-widget elementor-widget-html\" data-id=\"a472c76\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"buzzsprout-player-14310725\"><\/div><script src=\"https:\/\/www.buzzsprout.com\/1368325\/14310725-sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner.js?container_id=buzzsprout-player-14310725&player=small\" type=\"text\/javascript\" 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\r\n\t\t\r\n\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b450702 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b450702\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b6cec80\" data-id=\"b6cec80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-aef4eb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aef4eb9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c8cc6a4\" data-id=\"c8cc6a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dd376f elementor-widget elementor-widget-image\" data-id=\"7dd376f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Square-Promo-Image-768x768.png\" class=\"attachment-medium_large size-medium_large wp-image-10747\" alt=\"\" srcset=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Square-Promo-Image-768x768.png 768w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Square-Promo-Image-300x300.png 300w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Square-Promo-Image-1024x1024.png 1024w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Square-Promo-Image-150x150.png 150w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Square-Promo-Image.png 1080w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-022db59\" data-id=\"022db59\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae2d8fa elementor-widget elementor-widget-heading\" data-id=\"ae2d8fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Matt Brawner<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f00186b elementor-widget elementor-widget-text-editor\" data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>How possible is it for W2 workers to form a real estate partnership and build a successful syndication business? Let\u2019s hear it from a former Target employee turned investor and syndicator!<\/p><p>Today, he shares how he and his five partners started appreciating distressed properties as a great investment vehicle, secrets to a working partnership, scaling a portfolio through investors\u2019 capital, and growing a company while serving residents and local communities. Don\u2019t miss this episode to learn how to achieve the same financial stability in real estate.<\/p><p><b>Key Points &amp; Relevant Topics<\/b><\/p><ul><li>Why a townhome is a good investment for starters in real estate<\/li><li>The value of trust in forming a business operating agreement\u00a0<\/li><li>Secrets to successful investing for people with no real estate experience<\/li><li>Benefits of learning the hard way in rental property management and investing<\/li><li>Leveraging investors\u2019 capital to scale faster in real estate<\/li><li>Why investing out-of-state is an important option for investors<\/li><li>Advantages of starting a property management company for syndicators<\/li><li>Ways to effectively manage decisions and possible conflicts within partnerships<\/li><li>How difficult it is to leave a full-time job and take risks for the sake of being an entrepreneur<\/li><\/ul><p><b>Resources &amp; Links<br \/><\/b><a href=\"https:\/\/bonavestcapital.com\/checklist\/\" target=\"_blank\" rel=\"noopener\">Apartment Syndication Due Diligence Checklist for Passive Investor<\/a><\/p><p><b>About Matt Brawner<\/b><\/p><p>Matt began his real estate career in 2011 when he and five other partners purchased a single townhome in Minneapolis, Minnesota. The partners felt townhomes were undervalued and liked the protection of the HOA against unplanned capital expenditures. Later that year, Matt left his job at Target to pursue a career in fundraising but continued to work with his partners to grow their new company, Minnesota Capital Management (MCM).\u00a0<\/p><p>In the years following 2011, Matt and his partners purchased 4-5 townhomes per year by reinvesting profits and investing personal capital. Everything changed in the summer of 2015 when Matt and his partners found their first multi-family investment, 75 units across three properties. \u00a0<\/p><p>Matt left his W2 job in May 2018 and moved his family back to Minneapolis to run MCM full-time. In the process, Matt and his partners founded their own property management company, Northwoods Servicing (NWS). NWS manages the Twin Cities portion of MCM\u2019s portfolio and has allowed the partners to own more of the value chain. \u00a0<\/p><p>Today, Matt and his wife live in Minneapolis with their three kids. They are active in their church and enjoy all that Minnesota has to offer. Real Estate has given Matt and his family the gift of being planted and he wants to help you do the same.\u00a0<\/p><p><span style=\"font-size: 16px;\">\u2014<\/span><\/p><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><p><b>To Connect With Us<br \/><\/b>Please visit our website:\u00a0<a href=\"https:\/\/bonavestcapital.com\/podcast\/\">www.bonavestcapital.com<\/a>\u00a0and please click\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/how-did-they-do-it-real-estate\/id1532853594\">here<\/a>, to leave a rating and review!<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c263d61 elementor-widget elementor-widget-heading\" data-id=\"c263d61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect with Matt:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4024983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4024983\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-384b0e8\" data-id=\"384b0e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79bf548 elementor-widget elementor-widget-text-editor\" data-id=\"79bf548\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Website:\u00a0<a href=\"https:\/\/www.enduruscapital.com\/\" target=\"_blank\" rel=\"noopener\">Endurus Capital<\/a><\/li><li>LinkedIn:\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/mattbrawner\/\" target=\"_blank\" rel=\"noopener\">Matt Brawner<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-780c7b8 elementor-widget elementor-widget-heading\" data-id=\"780c7b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title 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elementor-size-default\">Related Episodes<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dc5cd7 elementor-widget elementor-widget-spacer\" data-id=\"7dc5cd7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner Matt Brawner How possible is it for W2 workers to form a real estate partnership and build a successful syndication business? Let\u2019s hear it from a former Target employee turned investor and syndicator! Today, he shares how he and his five partners [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":10748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[101,250,255,954,601,259,376,57,464,462,966],"class_list":["post-10746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-multifamily","tag-multifamily-housing","tag-multifamily-investing","tag-multifamily-syndication","tag-partners","tag-partnerships","tag-real-estate-experts","tag-real-estate-investing","tag-real-estate-investment","tag-real-estate-strategies","tag-townhomes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner - Bonavest Capital<\/title>\n<meta name=\"description\" content=\"How possible is it for W2 workers to form a real estate partnership and build a successful syndication business? Let\u2019s hear it from a former Target employee turned investor and syndicator! Today, he shares how he and his five partners started appreciating distressed properties as a great investment vehicle, secrets to a working partnership, scaling a portfolio through investors\u2019 capital, and growing a company while serving residents and local communities. Don\u2019t miss this episode to learn how to achieve the same financial stability in real estate. Key Points &amp; Relevant Topics Why a townhome is a good investment for starters in real estate The value of trust in forming a business operating agreement Secrets to successful investing for people with no real estate experience Benefits of learning the hard way in rental property management and investing Leveraging investors\u2019 capital to scale faster in real estate Why investing out-of-state is an important option for investors Advantages of starting a property management company for syndicators Ways to effectively manage decisions and possible conflicts within partnerships How difficult it is to leave a full-time job and take risks for the sake of being an entrepreneur Resources &amp; Links Apartment Syndication Due Diligence Checklist for Passive Investor About Matt Brawner Matt began his real estate career in 2011 when he and five other partners purchased a single townhome in Minneapolis, Minnesota. The partners felt townhomes were undervalued and liked the protection of the HOA against unplanned capital expenditures. Later that year, Matt left his job at Target to pursue a career in fundraising but continued to work with his partners to grow their new company, Minnesota Capital Management (MCM). In the years following 2011, Matt and his partners purchased 4-5 townhomes per year by reinvesting profits and investing personal capital. Everything changed in the summer of 2015 when Matt and his partners found their first multi-family investment, 75 units across three properties. Matt left his W2 job in May 2018 and moved his family back to Minneapolis to run MCM full-time. In the process, Matt and his partners founded their own property management company, Northwoods Servicing (NWS). NWS manages the Twin Cities portion of MCM\u2019s portfolio and has allowed the partners to own more of the value chain. Today, Matt and his wife live in Minneapolis with their three kids. They are active in their church and enjoy all that Minnesota has to offer. Real Estate has given Matt and his family the gift of being planted and he wants to help you do the same. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Matt: Website: Endurus Capital LinkedIn: Matt Brawner\" \/>\n<meta name=\"robots\" content=\"index, nofollow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner - Bonavest Capital\" \/>\n<meta property=\"og:description\" content=\"How possible is it for W2 workers to form a real estate partnership and build a successful syndication business? Let\u2019s hear it from a former Target employee turned investor and syndicator! Today, he shares how he and his five partners started appreciating distressed properties as a great investment vehicle, secrets to a working partnership, scaling a portfolio through investors\u2019 capital, and growing a company while serving residents and local communities. Don\u2019t miss this episode to learn how to achieve the same financial stability in real estate. Key Points &amp; Relevant Topics Why a townhome is a good investment for starters in real estate The value of trust in forming a business operating agreement Secrets to successful investing for people with no real estate experience Benefits of learning the hard way in rental property management and investing Leveraging investors\u2019 capital to scale faster in real estate Why investing out-of-state is an important option for investors Advantages of starting a property management company for syndicators Ways to effectively manage decisions and possible conflicts within partnerships How difficult it is to leave a full-time job and take risks for the sake of being an entrepreneur Resources &amp; Links Apartment Syndication Due Diligence Checklist for Passive Investor About Matt Brawner Matt began his real estate career in 2011 when he and five other partners purchased a single townhome in Minneapolis, Minnesota. The partners felt townhomes were undervalued and liked the protection of the HOA against unplanned capital expenditures. Later that year, Matt left his job at Target to pursue a career in fundraising but continued to work with his partners to grow their new company, Minnesota Capital Management (MCM). In the years following 2011, Matt and his partners purchased 4-5 townhomes per year by reinvesting profits and investing personal capital. Everything changed in the summer of 2015 when Matt and his partners found their first multi-family investment, 75 units across three properties. Matt left his W2 job in May 2018 and moved his family back to Minneapolis to run MCM full-time. In the process, Matt and his partners founded their own property management company, Northwoods Servicing (NWS). NWS manages the Twin Cities portion of MCM\u2019s portfolio and has allowed the partners to own more of the value chain. Today, Matt and his wife live in Minneapolis with their three kids. They are active in their church and enjoy all that Minnesota has to offer. Real Estate has given Matt and his family the gift of being planted and he wants to help you do the same. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Matt: Website: Endurus Capital LinkedIn: Matt Brawner\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/\" \/>\n<meta property=\"og:site_name\" content=\"Bonavest Capital\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Bonavest-Capital-101715108369538\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-15T18:58:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Rect-Promo-Image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Bonavest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Bonavest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/\"},\"author\":{\"name\":\"Team Bonavest\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/aa56bd3b0ab2713d39d56bfa8e9ee83e\"},\"headline\":\"SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner\",\"datePublished\":\"2024-01-15T18:58:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/\"},\"wordCount\":490,\"publisher\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#organization\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Rect-Promo-Image.png\",\"keywords\":[\"multifamily\",\"multifamily housing\",\"multifamily investing\",\"multifamily syndication\",\"partners\",\"partnerships\",\"real estate experts\",\"Real Estate Investing\",\"real estate investment\",\"real estate strategies\",\"townhomes\"],\"articleSection\":[\"Podcast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/\",\"url\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/\",\"name\":\"SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner - Bonavest Capital\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Rect-Promo-Image.png\",\"datePublished\":\"2024-01-15T18:58:28+00:00\",\"description\":\"How possible is it for W2 workers to form a real estate partnership and build a successful syndication business? 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Key Points & Relevant Topics Why a townhome is a good investment for starters in real estate The value of trust in forming a business operating agreement Secrets to successful investing for people with no real estate experience Benefits of learning the hard way in rental property management and investing Leveraging investors\u2019 capital to scale faster in real estate Why investing out-of-state is an important option for investors Advantages of starting a property management company for syndicators Ways to effectively manage decisions and possible conflicts within partnerships How difficult it is to leave a full-time job and take risks for the sake of being an entrepreneur Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor About Matt Brawner Matt began his real estate career in 2011 when he and five other partners purchased a single townhome in Minneapolis, Minnesota. 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Let\u2019s hear it from a former Target employee turned investor and syndicator! Today, he shares how he and his five partners started appreciating distressed properties as a great investment vehicle, secrets to a working partnership, scaling a portfolio through investors\u2019 capital, and growing a company while serving residents and local communities. Don\u2019t miss this episode to learn how to achieve the same financial stability in real estate. 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The partners felt townhomes were undervalued and liked the protection of the HOA against unplanned capital expenditures. Later that year, Matt left his job at Target to pursue a career in fundraising but continued to work with his partners to grow their new company, Minnesota Capital Management (MCM). In the years following 2011, Matt and his partners purchased 4-5 townhomes per year by reinvesting profits and investing personal capital. Everything changed in the summer of 2015 when Matt and his partners found their first multi-family investment, 75 units across three properties. Matt left his W2 job in May 2018 and moved his family back to Minneapolis to run MCM full-time. In the process, Matt and his partners founded their own property management company, Northwoods Servicing (NWS). NWS manages the Twin Cities portion of MCM\u2019s portfolio and has allowed the partners to own more of the value chain. Today, Matt and his wife live in Minneapolis with their three kids. They are active in their church and enjoy all that Minnesota has to offer. Real Estate has given Matt and his family the gift of being planted and he wants to help you do the same. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! 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Today, he shares how he and his five partners started appreciating distressed properties as a great investment vehicle, secrets to a working partnership, scaling a portfolio through investors\u2019 capital, and growing a company while serving residents and local communities. Don\u2019t miss this episode to learn how to achieve the same financial stability in real estate. Key Points & Relevant Topics Why a townhome is a good investment for starters in real estate The value of trust in forming a business operating agreement Secrets to successful investing for people with no real estate experience Benefits of learning the hard way in rental property management and investing Leveraging investors\u2019 capital to scale faster in real estate Why investing out-of-state is an important option for investors Advantages of starting a property management company for syndicators Ways to effectively manage decisions and possible conflicts within partnerships How difficult it is to leave a full-time job and take risks for the sake of being an entrepreneur Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor About Matt Brawner Matt began his real estate career in 2011 when he and five other partners purchased a single townhome in Minneapolis, Minnesota. The partners felt townhomes were undervalued and liked the protection of the HOA against unplanned capital expenditures. Later that year, Matt left his job at Target to pursue a career in fundraising but continued to work with his partners to grow their new company, Minnesota Capital Management (MCM). In the years following 2011, Matt and his partners purchased 4-5 townhomes per year by reinvesting profits and investing personal capital. Everything changed in the summer of 2015 when Matt and his partners found their first multi-family investment, 75 units across three properties. Matt left his W2 job in May 2018 and moved his family back to Minneapolis to run MCM full-time. In the process, Matt and his partners founded their own property management company, Northwoods Servicing (NWS). NWS manages the Twin Cities portion of MCM\u2019s portfolio and has allowed the partners to own more of the value chain. Today, Matt and his wife live in Minneapolis with their three kids. They are active in their church and enjoy all that Minnesota has to offer. Real Estate has given Matt and his family the gift of being planted and he wants to help you do the same. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! 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Let\u2019s hear it from a former Target employee turned investor and syndicator! Today, he shares how he and his five partners started appreciating distressed properties as a great investment vehicle, secrets to a working partnership, scaling a portfolio through investors\u2019 capital, and growing a company while serving residents and local communities. Don\u2019t miss this episode to learn how to achieve the same financial stability in real estate. Key Points & Relevant Topics Why a townhome is a good investment for starters in real estate The value of trust in forming a business operating agreement Secrets to successful investing for people with no real estate experience Benefits of learning the hard way in rental property management and investing Leveraging investors\u2019 capital to scale faster in real estate Why investing out-of-state is an important option for investors Advantages of starting a property management company for syndicators Ways to effectively manage decisions and possible conflicts within partnerships How difficult it is to leave a full-time job and take risks for the sake of being an entrepreneur Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor About Matt Brawner Matt began his real estate career in 2011 when he and five other partners purchased a single townhome in Minneapolis, Minnesota. The partners felt townhomes were undervalued and liked the protection of the HOA against unplanned capital expenditures. Later that year, Matt left his job at Target to pursue a career in fundraising but continued to work with his partners to grow their new company, Minnesota Capital Management (MCM). In the years following 2011, Matt and his partners purchased 4-5 townhomes per year by reinvesting profits and investing personal capital. Everything changed in the summer of 2015 when Matt and his partners found their first multi-family investment, 75 units across three properties. Matt left his W2 job in May 2018 and moved his family back to Minneapolis to run MCM full-time. In the process, Matt and his partners founded their own property management company, Northwoods Servicing (NWS). NWS manages the Twin Cities portion of MCM\u2019s portfolio and has allowed the partners to own more of the value chain. Today, Matt and his wife live in Minneapolis with their three kids. They are active in their church and enjoy all that Minnesota has to offer. Real Estate has given Matt and his family the gift of being planted and he wants to help you do the same. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Matt: Website: Endurus Capital LinkedIn: Matt Brawner","breadcrumb":{"@id":"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/#primaryimage","url":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Rect-Promo-Image.png","contentUrl":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/01\/SA867-Matt-Brawner-Rect-Promo-Image.png","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/bonavestcapital.com\/podcast\/sa867-from-purchasing-undervalued-townhomes-to-syndicating-multifamily-apartments-with-matt-brawner\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bonavestcapital.com\/podcast\/"},{"@type":"ListItem","position":2,"name":"SA867 | From Purchasing Undervalued Townhomes to Syndicating Multifamily Apartments with Matt Brawner"}]},{"@type":"WebSite","@id":"https:\/\/bonavestcapital.com\/podcast\/#website","url":"https:\/\/bonavestcapital.com\/podcast\/","name":"Bonavest Capital","description":"Multifamily Real Estate Investment","publisher":{"@id":"https:\/\/bonavestcapital.com\/podcast\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bonavestcapital.com\/podcast\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bonavestcapital.com\/podcast\/#organization","name":"Bonavest Capital","url":"https:\/\/bonavestcapital.com\/podcast\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/logo\/image\/","url":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2020\/08\/logo.png","contentUrl":"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2020\/08\/logo.png","width":1000,"height":592,"caption":"Bonavest Capital"},"image":{"@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Bonavest-Capital-101715108369538\/"]},{"@type":"Person","@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/aa56bd3b0ab2713d39d56bfa8e9ee83e","name":"Team Bonavest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1b83fae3da7bc7c64b2fe1178848deeb5a98db0813e8aad8873c54289cf3dfae?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1b83fae3da7bc7c64b2fe1178848deeb5a98db0813e8aad8873c54289cf3dfae?s=96&d=mm&r=g","caption":"Team Bonavest"}}]}},"_links":{"self":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts\/10746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/comments?post=10746"}],"version-history":[{"count":5,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts\/10746\/revisions"}],"predecessor-version":[{"id":10753,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/posts\/10746\/revisions\/10753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/media\/10748"}],"wp:attachment":[{"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/media?parent=10746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/categories?post=10746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bonavestcapital.com\/podcast\/wp-json\/wp\/v2\/tags?post=10746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}