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Main Street Business

#436 $1.5 Billion In Student Housing - Interview w/Dan Bernstein

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 19 June 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

In this episode of Main Street Business interviews, Mark Kohler interviews Dan Berstein, the President and Chief Investment Officer at Campus Apartments. With Campus Apartments boasting an impressive $1.5 Billon assets under management, 500+ employees, and units in 18 states, Dan was able to offer invaluable insights to both beginner and seasoned investors looking to acquire student housing for their portfolio. To learn more about Dan Bernstein or Campus Apartments, visit: https://www...

Transcript

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0:00.0

renting to college students. Now, some clients of mine, they run away from that. We're not looking

0:04.5

to be the highest rent or the have the most amenities. It's not an arms race. When clients are in the

0:11.2

high school stage with their kids and they're looking for the next rental property, I'll say,

0:15.5

one of your best renters is yourself. Welcome everybody to another interview here on Main Street America. I'm here with

0:22.5

a mogul in the real estate industry in campus housing. We're here with Dan Bernstein for all of you

0:28.6

budding real estate investors. You're going to love this interview. Dan, thanks for being with us.

0:32.6

Mark, my pleasure. Thank you for having me. Did you get called mogul very often? Is that kind of

0:36.7

No, I was about to say.

0:38.7

I was thinking it makes me feel a little uncomfortable, but I appreciate the context.

0:43.3

And our company is a mogul within the...

0:46.0

There you go.

0:46.6

There you go.

0:47.2

Well, Dan is the president and chief investment officer of campus apartments, a $2 billion business in the space of campus housing.

0:58.7

I know you're leading in in the industry. And it's an honor for us to have you here with us

1:05.0

because all of us little real estate investors want to learn what you learned through your 30 year trek through this

1:12.7

space from the very beginning um so again thank you for sharing your wit and wisdom with us we

1:18.1

really appreciate it and looking forward to it okay now if i'm correct you you started out in

1:24.6

philadelphia with the company when it was just a said, a row house of just some basic apartments and a vision.

1:32.4

Tell me how this whole thing got started and how some people can actually dream and go, maybe I could do that or at least something like it or part of it.

1:39.9

How did it all start?

1:41.0

Well, it's a great side.

1:41.9

I'll back up by saying the way the company was started was, and I'm sure, hopefully

...

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