An interview-based program that dives into the investor mindset when challenges arise. We explore the decision-making process of successful real estate investors, learn about their mistakes and how you can make the right decisions to make you successful.
Episode 18: When You Want Something, You'll Find a Way or Find an Excuse
In one of his earlier multifamily deals, Demetrius ended up losing a it to another investor despite having a contract to purchase the property. Later in an 88-unit deal, after putting in months of hard work, that deal did not close, but he ended up winning anyway as it lead to him assembling a stronger team.
Advice to Listeners: Many experienced syndicators advise people to go out, find a deal and don’t worry about finding the capital. It is better to control the capital first and then go out and find the deal.
About Demetrius Brown:
Demetrius Brown is the Founding President, and Principal Shareholder for Demetrius Investments LLC and has been deeply involved in Florida, and Louisiana real estate as a Landlord, Flipper, and long-term investor in Multi-Family Properties for 15 years. Demetrius property portfolio consists of Multi-Family Properties, Vacant Land, and Single Family Homes, in Florida, and Louisiana. Currently, Demetrius Investments has formed a Strategic Alliance with Value Capital Partners, and Moneil Investment Group with Vinney Chopra through investing in Large Commercial Multi-Family Apartments.
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 firstname.lastname@example.org.