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Buying Right, Operating Better: Multifamily with Gary Lipsky
Buying Right, Operating Better: Multifamily with Gary Lipsky
What does it take to succeed in multifamily real estate when the market changes?
In this episode of the Phoenix Prosperity Podcast, Tim Fergestad sits down 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 some of the biggest lessons he has learned along the way. One of the most important is the danger of taking on too much debt. Cheap money and high leverage can make projected returns look better, but they can also create…
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