27: Multi-Family Investments with Bruce Petersen

Today, I'm talking with Bruce Petersen, a multi-family investor,
and CEO and founder of Bluebonnet Asset Manager and Bluebonnet
Commercial Construction.


After a 20 year career in retail, Bruce made his first real
estate investment which yielded a 300% return and he's been
hooked ever since.


Today, Bruce syndicates large multi-family deals in central
Texas. Properties ranging from 120 to 300 units per property and
he currently manages over 900 units in a portfolio, producing
average returns of 8 to 9% annually for his investors.


Bruce is obviously a little different than our usual guest, but
that's a good thing. Today we're going to get a chance to hear
the perspective of a successful real estate investor and why and
how he has decided to successfully insource property management.