#37. Will It Stay, or Will It Go? | Inflation Predictions From the Costco Buying Vantage Point

Andrew Palmer, Assistant Buyer at Costco and Associate Board for FamilyFarmed’s Chicago-based Good Food Accelerator, joined the Rise & Invest Podcast to talk with Drew about some of the other sides of the inflation picture. Andrew is responsible for buying and inventory management of some of the largest Foods & Sundries categories for the 100+ Costco stores in the Midwest. During this special Thanksgiving week episode, he covers the pricing process at Costco and how the supply chain crisis of 2020 is still impacting the costs of goods today. Stick around for the end of this episode as Drew and Andrew discuss negotiating tips and tactics that Andrew uses with commodity providers as he purchases 2 billion in goods yearly. These tips are transferable to active or passive real estate investors or any industry where dealmaking is essential to getting the job done. ⚠️Download our Passive Investing Guidebook for Real Estate Investors⚠️ https://www.breneman.com/downloads -- The Rise and Invest Podcast is hosted by Drew Breneman, real estate investor and founder of Breneman Capital. Drew began his real estate career at just 19 years old when he bought his first two rental properties. At that early age, he learned real estate was the best method to generate cash flow and build wealth long-term when he was looking at how to invest his own money. He has since dedicated his career to building an organization that makes investing in high-quality real estate opportunities available to passive investors. His company, Breneman Capital, is a private real estate investment management firm specializing in the multifamily property sector. Breneman Capital employs a deliberate investment approach, leveraging data analytics and proprietary technology to generate superior risk-adjusted returns for investors. Breneman Capital has developed an investment strategy that aims to exploit market inefficiencies and reveal superior risk-adjusted opportunities through the comprehensive use of technology and analytics. Get started today as an investor or learn more at: https://www.breneman.com -- Follow Drew on Social: Twitter: https://twitter.com/drewbreneman LinkedIn: https://www.linkedin.com/in/drewbreneman