All Forum Posts by: Brian Adams

@JD Martin I totally agree with you. I use a 3rd party property management company and we have had an okay time finding quality contractors to do work. 

I own a 1,000 unit apartment complex, so decent recurring work for the contractor.

For years I had a passion to pursue investing in real estate and I never got much traction until I was so clear in my mind on my desired outcome.

In 2011 I quit my job and set out to buy and sell multifamily.

Early on in my journey, I struggled to find investors to fund deals. Now the flip has happened for me where I don't have enough quality deals to present to my investors.

What are you struggling with right now?

@Jared Asch why didn't you discuss recapture when the property is sold?

@Suresh Yala cap rates have been compressed for a long time and there is a correlation between cap and interest rates...as interest rates go up, that 3.75 cap is now 4.25 depending on asset class and location.

@Taylor Dasch thanks.

I believe that results come from an obsession with getting yourself to take action. No one can put in the hard work for you.

Have a great week!!

Last week I was in Atlanta, GA checking on my 1,000 unit apartment complex I bought in Feb 2021. 

The property is the 5th largest asset in Atlanta, based on the number of units, and it is such a big property.

And the journey to get here sure has been an interesting one. Here is my back story, I quit my CPA job 10+ years ago to focus on buying MF and shared my story on BP:   I quit my CPA Job to buy Large Apartment Buildings 

As I was walking around my property, I had a feeling of wanting to pinch myself to make sure I wasn't dreaming. I started out buying a duplex and now closing a 1,000 unit deal, a feeling of "WOW" I really did this.

I am very grateful and humbled to be in this position. 

If you haven't yet done your first deal, don't give up...get really clear on your "WHY" - your purpose or mission. 

Your WHY should be emotionally driven so it gives you the JUICE to keep moving forward. For me, I was in a place of PAIN, I was making good money but the passion for the line of work I was in as a CPA did not match the desired outcome that I needed in my life.

I realize the road ahead has many more bumps, turns, and struggles, but with Passion, and a crystal clear Mission/Vision, I know anything can be accomplished!!

 @Felipe Stefanoni thanks. Most of my deals have been in Atlanta, GA - bought a 1,000 unit apartment deal last year. I have bought deals in CO, TX, AZ, SC and other markets with strong job and economic growth.

I’m a very strong advocate of apartment investing and in my view, buying apartment buildings is the best of all possible investment vehicles.

If you’d love to own an apartment complex and want to learn the secrets of how to do it accurately and effectively, make sure you check out my blog post:

Apartment Syndications And How To Tap Into Huge Passive Income Profits

I answer questions like these:

How much does it cost to put a syndicate together?

When should you syndicate a deal?

When are you allowed to accept an investor’s money?

I hope you find the post helpful and please leave a comment or let me know what other questions you have that this article doesn't cover.

Apartment Syndications And How To Tap Into Huge Passive Income Profits

@Jermaine Johnson 

I was able to scale my business by syndicating apartment deals. I wrote this syndication post and wanted to pass along the link:

Apartment Syndications And How To Tap Into Huge Passive Income Profits

I hope you find it helpful.

@Evan Dyer I syndicate deals and have $100 million in equity and looking for deals.

How big is this asset?