WS1654: Creating Value and Stability in Multi-Family through Subsidized Housing | Travis Bronik

Published: May 2, 2023, 7 a.m.

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From Recovering Attorney to Real Estate Success: A Conversation with Travis Bronik

Description: In this episode, we sit down with Travis Bronik, the Director of Operations for Divergent Capital, as he shares his inspiring journey from leaving his law practice to becoming a full-time real estate professional. With almost two decades of experience in real estate investment and management, Travis has established a remarkable track record of delivering double-digit returns to investors across a diversified portfolio of holdings in the single and multi-family apartment sector throughout the United States.

Travis discusses how he made the bold decision to leave his law career behind and team up with partners from his law school days to venture into real estate syndication. He reveals why giving up law was the most sensible thing he ever did and how it led him to launch a successful fund two years ago. This fund allowed him to bundle multiple assets together, offering a secure investment opportunity for his investors.

In this insightful conversation, Travis highlights the key elements that make his investment approach unique, including the recent closing of a $5 million fund, with $18 million invested in real estate at a 60% loan-to-value (LTV) ratio. He also shares his plans for a new $25 million fund that aims to be an all-weather fund, potentially involving lending and acquiring businesses with $1-5 million in revenue. Travis emphasizes the importance of maintaining alignment among all general partners to ensure the success of these ventures.

Beyond his professional accomplishments, Travis is a dedicated family man. He cherishes spending quality time with his wife and two children, and he eagerly looks forward to involving them in his passion for scuba diving.

Join us for this engaging episode as Travis Bronik shares his valuable insights, experiences, and lessons learned on his journey from recovering attorney to real estate success. Discover how he manages to balance professional growth, financial returns, and the importance of being present for his loved ones, all while making a positive impact in the lives of others, including housing homeless veterans through portable vouchers.

Key Points From This Episode:\\xa0

  • Travis left his law practice six years ago to pursue a full-time career in real estate.
  • According to him, giving up law was the most sensible decision he made.
  • Travis started syndicating with p

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