Business
Josh has a strong investment background in the Pittsburgh market. Since the inception of his investment career at the age of 21 Josh has been a principal in more than 200 residential and commercial real estate transactions with a market value in excess of $30,000,000. What made this possible for Josh is the safe, secure use and leverage of private and institutional investor capital. A true testament to Josh’s values and business sense is that through all of these transactions he and his companies have never, ever missed a payment or targeted return for their investors and almost every investor has chosen to reinvest when given the opportunity.Josh was asked to start teaching investment classes and workshops through Acre of Pittsburgh. He began doing so but only as an opportunity to give back to the group and other organizations. Rather than accepting payment for these classes, Josh chose to run the events as fundraisers donating all net proceeds to Glimmer of Hope, a Pittsburgh based breast cancer foundation. The fundraiser events are very important to Josh as Glimmer of Hope and Ms. Napper were very caring and supportive of Josh’s wife who battled through and beat breast cancer at the age of 27.Aside from the business Josh is a family man, husband, and proud father. Josh and his wonderful wife, Christine have been together since 2001 and against all odds, on March 18th, 2017 Josh and Christine received the ultimate blessing when they welcomed not one but two perfect children, Sarah Jane and Arthur Edmund into this world.What would you attribute to your success in being able to be so flexible as an investor? It's a relationship-driven business, he doesn’t know real estate law. It’s all about the relationships, they are crucial to continuously build.If you could have done it, would you have been able to raise money at the beginning would you have started with equity? If you are under a debt model, it’s based on how much money you have. If it is under the equity model, it is based on your performance. It’s not able the cost of money. Josh encourages the listeners to think about the money's availability. Who cares what the deal or cost of capital is if you make money at the end?How did you build your acquisition pipeline? Two ways of making money in real estate 1. Making offers 2. Raising money. Do these and you will build this pipeline.How has your time become more leveraged as you have grown in your business? Raise money and look for opportunities.Tune in to hear the full conversation:Josh Adamek:JoshAdamek IG: AVIDInvestorProperty Management: https://avidpgh.com/ Website: http://adamekventures.com/about-us.htmlACRE: acrepgh.orgConnect with Josh: https://www.facebook.com/josh.adamekAdamek Ventures: https://www.facebook.com/AdamekVentures