Episode 8: Your Network is Your Net Worth
After hosting three successful real estate investment conferences, Adam put together a fourth in hopes of further expanding his network and sharing his vision. He had already reserved a venue for 500 attendees at a cost of $140,000, but only had 60 seats sold with only 3 weeks to go. Tune in to find out how one “wild and crazy idea” Adam came up with allowed him to sell out the event in the 11th hour!
About Adam "Triple-A" Adams:
Adam Adams, known to his fans as Triple A, has educated thousands of investors through, real estate conferences, radio & podcast interviews, his coaching program, and his world-renowned Meetup group.
Adam is the host of the Creative Real Estate Podcast. His efforts to educate and inspire other investors has earned him the prestigious title "Master Investor.” He is also a three-time Hall of Fame winner from RE Mentor for his successes in multifamily syndications.
Because of his family's background in real estate, Adam grew up with rentals, land, and storage units, but it wasn't until 2005 that he started investing his own capital into real estate. Today Adam is partnered in 7 multifamily syndications with approximately 1,400 doors valued over $100 million. His company, BlueSpruce Holdings, focuses on finding and managing apartment communities to allow passive investors diversification, cash flow, tax benefits, and freedom of time. His role in the company is to attract capital which is why he is so well known and has raised millions of dollars from private investors. He continues to grow his company’s brand as one of the top syndication teams in the United States.
Advice to New People: First, learn how to control the money. Once you learn how to control the money, you will have a very valuable skill to others that already know how to find the deals, operate them etc. This will put you in better alignment with an experienced operator's objectives. Do not wear all the hats. Partner with someone that already has a track record.
Dion Huey is a Co-founder at Delta Bridge Capital LLC which is a multifamily real estate investment company that invests in value-add apartment communities in the United States. He earned a master's degree in finance at Northeastern University in 2017 and worked on multiple business syndications as a financial analyst for Boston-based Plateau Asset Management which is a private equity search fund that has $30 million AUM. In 2017, Dion was an analyst on a deal team that advised Citic Investment Bank's Hong Kong private equity division on the syndication of a $1.5 billion acquisition of a hotel in New York. He is currently the host of The Multifamily Investor Situation Room Podcast.
In 2010 he co-founded Rocky Mountain Education and Technology Group which is a Beijing-based education services company that has serviced more than 5,000 clients. In his spare time, Dion enjoys reading, martial arts, lifting, and learning foreign languages. Contact the author at email@example.com.