Buying for Cashflow with Tim Bratz

Tim Bratz knows real estate. For more than a decade, he’s been building an unparalleled reputation in this hyper-competitive business—and, now, he’s one of the foremost names in the multi-family commercial space, amassing over $200 MILLION in assets and more than 2,100 doors under management in just four years. I met Tim at a multifamily mastermind that we're both part of and I was very impressed with his track record, his creativity for doing large multifamily deals, the way he interacts with his investors, and his business overall. After amassing a huge multifamily portfolio Tim pivoted his company which led to the launch of Legacy Wealth and, with it, his unwavering commitment to educate and accelerate the next generation of real estate investors. As a teacher, mentor and practitioner, Tim uses his signature keep-it-real attitude to drive new investors forward. His approach blends strategic best practices including an investor-first mindset, and being totally transparent and entirely authentic in every deal, every partnership and every interaction, every time.

On This Episode:

• Tim shared what his dad's entrepreneurial journeys taught him.
• Sam and Tim discuss some of the common reasons people stay with their 9-5 jobs.
• Learn how Tim got bit by the residual income bug.
• Find out how you can mitigate risk through self-education.
• Discover why you should always buy for cashflow and not speculation.
• Hear why you should try to kill every single deal that comes across your desk.

Tweetable Quotes:

• “Education breeds more confidence, confidence breeds success."
• "Knowing how to find the answers is more important than having the answers."
• "Upside potential is worth downside risk."

Tim Bratz:

https://www.legacywealthholdings.com/

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