The Unfair Advantages of Multifamily Investing with Bronson Hill

Bronson Hill is the founder and CEO of Bronson Equity, which has raised more than $20 million in capital for real estate investment. He is a general partner in over $150 million in real estate across the United States.

Bronson is an apartment investing expert who is constantly creating new content to help educate investors and help them achieve financial freedom. He previously worked as a sales consultant for several large and small medical device companies.

He is dedicated to educating others about the advantages of passively investing in multifamily syndication. While most people have never heard of it, it allows individuals to own a portion of large apartment buildings while receiving exceptional tax benefits and earning high returns without the volatility of the stock market.

Episode Highlights Here:

Bronson Hill:

For a lot of people, it comes down to when you are financially free. How is it you want to live? How do you want to spend your time? What sort of legacy do you want to leave? Do you want to leave money to your kids? Do you want to leave stuff to your favorite charity? What sort of impact do you want to make on the world when you’re gone?

Pierce York:

So, how does that help you in real estate syndications today?

Bronson Hill:

I’ve actually spoken individually with over 1200 millionaires one on one over a period of about two and a half years. The average net worth is about 2 million. There are very common problems. A lot of common things that I see are people are very busy, they have no time, or they’re retired, and they want to spend more time with family. The idea of passive income or passive investing is very appealing because it actually allows you to grow your wealth, without taking up more of your time. If you own a rental house or five rental houses, it’s going to be overwhelming to think about doubling the size of your portfolio, because you’re having to make all these decisions, even if you’re not the manager, they’re gonna call you and say, what about how the toilets were broken? What do we do here, whatever? So it’s, again, there’s this time for money trades dealing with that. Then also, taxes, as I mentioned, are a really big deal. Then for a lot of people, it comes down to when you are financially free. How is it you want to live? How do you want to spend your time? What sort of legacy do you want to leave? Do you want to leave money to your kids? Do you want to leave stuff to your favorite charity? What sort of impact do you want to make on the world when you’re gone? So a lot of people that I talked to, they’re thinking through a lot of these things, and just really trying to say, I’m in my career, I’m doing well, I want to leave my job but how am I gonna have enough money? If I have enough money, what sort of legacy or family generational wealth or some sort of gift to the world am I going to give? I think that those are all really valuable things. I think when you hang out with people that are wealthier than you, it actually helps you to understand what wealthy people are dealing with. This is kind of a tip for life, if you want to get where anybody else is, let’s say for me one thing I do competitive Spartan racing, so I like to go out and run and in order to get better at that, I have to train but I have to get around and learn and read and try to get around other people that are really good racers, because I’m gonna pick up tips from them, or I’m gonna pick up little fitness tips, I’m gonna pick up little things that they do, how they train, what are the things that they’re working on. It’s like that when you get around people that are wealthy or people that are a few steps ahead, or even in business or in real estate. It’ll really pull you up. So there’s a saying by Jim Rohn, that you’re the average of the five people that you spend the most time with. So it’s really important that if you have a lot of negative people around or you just kind of look at who’s around you, and almost like how active are they in fitness? Are they overweight? Are they somebody who are growing themselves both in their financial education as well as their personal development? Are they really trying to make the world a better place? Those are all things you can look at and if the answer is well, that’s not the case. Then you may be finally circling. Maybe need to fight for the smartest person in your room. It’s time to find a new room, I think.

Pierce York:

Absolutely.