meta_pixel
Tapesearch Logo
Log in
BiggerPockets Real Estate Podcast

135: Raising Money to Buy 1,000 Apartment Units with Brian Adams

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 13 August 2015

⏱️ 78 minutes

🧾️ Download transcript

Summary

How does someone shift from buying single family houses to buying hundred+ unit apartment complexes? That’s the topic we’re diving into today on the BiggerPockets Podcast with real estate investor and former CPA Brian Adams. This show is packed to the brim with actionable tips and advice for anyone looking to expand their real estate business, quit their job, raise private capital, and work less while enjoying life more. You’ll be inspired and motivated by interview, so don’t miss a moment of it! In This Episode We Cover: The important perspectives Brain gained from his grandfather and football coach How he bought a rental property with a CPA background The impetus he used to change how things were going with his life How to plan and implement a journey to real estate investing The process of partnering with a group Things Brian would’ve done better if he started all over again How to pick your partner’s brain when making deals Brian’s 98-unit deal — that ended up folding What to do when your investors back out on a deal What you should know about exit strategies How he gets paid with kind of deals he does How he plays matchmaker for investors and buyers The importance of the “ABM” (Always Be Marketing) strategy And SO much more! Links from the Show Listen to BiggerPockets Podcast on Stitcher BiggerPockets Webinar BiggerPockets Forums Marcus & Millichap IRR Costar LoopNet Multifamily and Apartment Investing Forums I quit my CPA Job to buy Large Apartment Buildings (Forum Thread) Books Mentioned in this Show The 7 Habits of Highly Effective People by Stephen Covey 80/20 Sales and Marketing by Perry Marshall Emerging Real Estate Markets by David Lindahl It’s a Whole New Business by Gene Trowbridge Keep It!: Advanced Tax Strategies for IRAs by Joe O Luby III Getting Things Done by David Allen The E-Myth Revisited by Michael E. Gerber Think and Grow Rich by Napoleon Hill No B.S. Marketing to the Affluent by Dan S. Kennedy Never Check E-Mail In the Morning by Julie Morgenstern Tweetable Topics: “Education and the books are fine, but you got to get out there and take some risk.” (Tweet This!) “Let’s follow those who are smart, those who have done this before.” (Tweet This!) “5 percent of a great deal is better than a 100 percent of no deal.” (Tweet This!) Connect with Brian Brian’s BiggerPockets Profile Brian’s Company Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Bigger Pockets Podcast Show 135.

0:05.0

And then in 2014 I bought a 2009 unit deal for 6 million that appraised at 7.4 million on day of purchase and when we're recording this in 2015 I'm

0:14.8

actively looking for 100 to 400 unit deals up to a 15 million dollar purchase

0:19.3

price. You're listening to Bigger Pockets radio simplifying real estate for investors

0:25.1

large and small. If you're here looking to learn about real estate investing

0:29.4

without all the hype, you're in the right place. Stay tuned and be sure to join the millions of others who have

0:36.0

benefited from bigger pockets.com. Your home for real estate investing

0:40.6

online. What's going on everybody?

0:43.0

This is Josh Dorkin, host

0:45.0

to the BiggerPockets podcast

0:46.6

here with my co-host, Mr. Brandon Turner.

0:49.0

What's going on, sir?

0:51.0

Guess where I'm going next week, Josh. I know where you're going next week.

0:55.0

Oh well everybody else guess where I'm going next week and how...

0:58.0

I'm going to Disneyland.

1:00.0

Yeah, I'm taking a four day trip to Disneyland. Four days to Disneyland. Four days at Disneyland.

1:06.4

That's a bit much, I think. Well, I've only spent two days there, and I'll spend two days visiting some friends and such down in the Southern California area so I'll be

1:14.7

back before this show era so don't come to my house and break in because I'll be

1:17.6

here naked. That's that's just disturbing that's disturbing my friend.

1:24.0

Well, can we just move forward?

1:27.0

Let's go on.

1:28.0

Today we have it. A really bad picture of my mind here.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.