Multifamily Is Turning: Why Gary Lipsky Is Buying Again

Yeah, thanks for having me.

Really appreciate it.

So I own a private equity multifamily firm focused really in the southwest.

We have 1,700 units in Arizona.

1,600 of that is in Tucson, over 10 properties.

So we like big economies of scale properties.

Been doing it for a number of years.

Wrote two bestselling books, Invest Smart and Best in Class.

And I have a podcast, Real Estate Investor Podcast.

And yeah, just been living the dream right now in multifamily.

So how many years you are in commercial real estate on multifamily?

Yeah, so nine years now.

So and I've been investing in real estate since since 2002 on a very small scale.

And I sold the business at the end of 2016 and got into multifamily full time at that point.

I had some little bit of money to invest in other people's deals, started doing my own deals really and really, really focused on the educational piece.

So yeah, attending a lot of meetups and conferences and building out my network, which has proven to be so valuable.

It's a real estate network is different than like other industries.

I feel like people are always willing to share Their struggles, their wins, whatever it is, help each other out because you never know where your next partner is going to be, whatever.

And, you know, those friendships stand the test of time.

I'll go to a conference and run into 20, 30, 40, 50 people that I know just because of the years of attending these things and just sharing resources and ideas.