Idea of Lose and Losing - Joseph Bramante


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I had the pleasure of speaking with Joseph Bramante. He is the co-founder and CEO of TriArc Real Estate Partners, a wholly integrated multifamily investment company. He purchased his first multifamily property in the US in 2011, sight unseen, while working as a business team lead for ExxonMobil in Papua, New Guinea. Today, along with his business partners, he has grown a portfolio of over 1100 units, increasing NOI (net operating income) by over 80% on average within 48 months post-acquisition.

Let’s jump into Joseph’s story and get expert advice from a real estate pro!

Things you will learn in this episode:

[00:01 - 04:29] Opening Segment

  • How to get in contact with Joseph
    • See links below
  • Joseph talks about his career background
  • Joseph shares the beginning of his journey in real estate
    • The ‘take action’ mindset

[04:30 - 22:59] Idea of Lose and Losing

  • Joseph talks about his first deal with 26 units
    • It took 6-9 months to find the deal
    • Didn't have any experience with multifamily before
  • He partnered up with a friend that did not have any experience as well
    • Leading himself and his friend based on the information he got from books
    • Do the same due diligence as buying a house
  • Joseph talks about some missteps that he took
    • Did not have the detailed plan upfront before he closes the loan
    • Had some scope growth
  • If you are interested in getting into multifamily or scaling your current business;
    • hop over to our website to grab your free four-step guide on how to get the ball rolling!
  • Joseph talks about the AC process of getting a permit
    • Missed the submission of environmental

[23:00 - 38:19] Fixing it with the Right People

  • Joseph talks about the local rose group that he joined
    • He got a mentor and got some help
  • He cashed up his 401K
    • Doubled his original investment
  • Still on the mindset of saving his money and making real estate as a side job
    • Almost lost everything with loan

[38:20 - 42:44] Closing Segment

  • What are your words of wisdom to our listeners?
    • “You never gonna know or be ready until you do it.”
  • Joseph talks about the Cap rate compression he got on his first deal
    • Compounding affect
  • Part of his success was getting the right team around him
  • Final words from me

Tweetable Quotes:

“Make sure you at least 80-90% of your detail plan before closing the loan .” - Joseph Bramante.

“Make sure to distribute some of your savings to make an artificial paycheck to yourself .” - Joseph Bramante

“It is not a one-man show; you have to bring in people to partner with you.” - Joseph Bramante

You can connect with Joseph on LinkedIn, and you can also visit the website at or email him to

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