Mar 8, 2021
Today’s guest is John Burpee,
the CEO and president of John Burpee & Associates. He has over 30
years of experience in multifamily real estate. Over his career, he
has brokered over $.800 million in multi-family investment real
estate in Florida. He is widely recognized as the premier expert
for multi-family broker services at Tampa Bay and throughout
Florida.
Let’s listen to John to learn
more about his inspiring life story and real estate journey that
takes him to financial freedom at such an early age.
[00:01 – 05:00] Opening Segment
- Let’s get to know John Burpee.
- I talk about how we met.
- John shares the story about his background and
how he got to where he is today.
-
- He grew up in a real estate family and
industry.
- He took over the family business after his
father passed away at his early age.
- John talks about the beginning of his career in
real estate.
- Time heals all wounds in real
estate.
-
- If you can weather the test of time, you’ll
come out on the better side of the real estate investment no matter
how bad it gets.
[05:01 – 11:44] The Generational Gap in the Family
Business
- John talks about the first few years when he
took over the family business.
- The age gap and generational
difference.
-
- They are bringing old knowledge into new
technology.
- John talks about where his business is located
at the moment.
- Why he chooses Tampa Bay,
Florida.
[11:45 – 26:00] The Development and Growth in Tampa
Bay
- John talks about some of the fastest-growing
regions in the Tampa Bay area,
- The upsides of the Tampa Bay area.
-
- It is known to be quiet coast vs. the east
coast that is more metropolitan.
- John talks about the effect of the Pandemic in
Tampa Bay and why it is not very affected much.
-
- A quiet tourist destination.
- John talks about some of the Government
innovation projects in Tampa Bay.
- Middle-class neighborhood to invest in Tampa
Bay
-
- The target area for the investor to invest in
duplex and other properties.
- The house flipping returns in the highly
sought-after neighborhood.
- Seminole Heights market
-
- The go-to-market in Tampa Bay.
- A definite amount of growth in those areas in 5
years.
- The University area market in Tampa
Bay.
-
- It used to be a secondary market but now has
come into its own.
- 97.7% built out of usable land in the Tampa Bay
area.
- John talks about the investor market that is
buying and targeting the Tampa Bay area.
-
- The increase of investors from other states for
the last six months.
- The 2020 pandemic had zero effect on home
prices in home sales during a year.
-
- It’s just a matter of time, time going to heal
the pandemic wound; it’s just how long we can endure for those
wounds to go on.
[26:01 – 30:45] Consistency in Growth
- John talks about the consistency and stability
in investment growth.
- John talks about one of his deal
experiences.
-
- Four full-price offers by the next day when he
put it on the market.
- John shares his family dynamic in real estate
and his family business.
-
[30:46 – 33:42] Closing segment
- If your great-great grandkids are to write a
book about you, how would you like it to be
titled?
-
- Connect with John. See the links
below.
- Final words from me.
Tweetable Quotes:
“If you can weather the test of time, you’ll
come out on the better side of the real estate investment no matter
how bad it gets..”
– John Burpee.
“Bringing old knowledge into new
technology.” –
John Burpee.
“The 2020 pandemic had zero effect on home price
in home sales during a year.” – John Burpee.
You can connect with John
through email at john@burpeecommercial.com
or visit his website
at burpeecommercial.com.
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