Buying Right, Operating Better: Multifamily with Gary Lipsky

What makes a good multifamily investment? In this episode, Tim Fergestad talks with Gary Lipsky, founder and president of Break of Day Capital. Gary has raised more than $100 million and acquired over 2,000 apartment units. Gary shares what he has learned about debt, buying properties, and running them well. He explains why too much debt can be dangerous and why knowing your market matters. They also talk about Arizona real estate and why Gary has focused so much on Tucson. Gary explains what real value-add looks like and what investors should look for when choosing a sponsor. Gary also shares why he sees opportunity in multifamily today and why good deals start with careful numbers and a long-term view. ----------------------------------- Interested in being part of this? Please visit our guest invitation page where you can learn more and fill out a brief questionnaire to get started: https://phoenixprosperitypodcast.com/... It’s going to be enlightening and, most importantly, a lot of fun. I’d love for you to be a part of it!