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

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 coachHow he bought a rental property with a CPA backgroundThe impetus he used to change how things were going with his lifeHow to plan and implement a journey to real estate investingThe process of partnering with a groupThings Brian would’ve done better if he started all over againHow to pick your partner’s brain when making dealsBrian’s 98-unit deal — that ended up foldingWhat to do when your investors back out on a dealWhat you should know about exit strategiesHow he gets paid with kind of deals he doesHow he plays matchmaker for investors and buyersThe importance of the “ABM” (Always Be Marketing) strategyAnd SO much more!Links from the ShowListen to BiggerPockets Podcast on StitcherBiggerPockets WebinarBiggerPockets ForumsMarcus & MillichapIRRCostarLoopNetMultifamily and Apartment Investing ForumsI quit my CPA Job to buy Large Apartment Buildings (Forum Thread)Books Mentioned in this ShowThe 7 Habits of Highly Effective People by Stephen Covey80/20 Sales and Marketing by Perry MarshallEmerging Real Estate Markets by David LindahlIt’s a Whole New Business by Gene TrowbridgeKeep It!: Advanced Tax Strategies for IRAs by Joe O Luby IIIGetting Things Done by David AllenThe E-Myth Revisited by Michael E. GerberThink and Grow Rich by Napoleon HillNo B.S. Marketing to the Affluent by Dan S. KennedyNever Check E-Mail In the Morning by Julie MorgensternTweetable 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 BrianBrian’s BiggerPockets ProfileBrian’s Company Website