Rise to Riches

The Rise to Riches Podcast

Wake upwith more.

Three Connecticut real estate operators on becoming the kind of person who builds wealth, and owning assets that make money while you sleep, so every morning you start ahead of where you were yesterday.

BuildInvestGrow
140+
doors owned by Joe
+60
more doors under Joe's management
~60
Airbnbs managed by EG Enterprises
Top 1%
in sales nationwide
20+ yrs
investing in Connecticut

Episodes

New episodes on building, buying and growing.

Real deals, real numbers and the mindset behind them, from people who own the buildings they talk about.

Episode 01

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Episode 02

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Your hosts

Operators, not commentators.

Between the three of us we buy, build, manage and sell real estate every week. The podcast is where we share what we're learning while we do it.

Joe Malerba

Co-host · Broker & investor

Joe Malerba

Joe has been a real estate investor for two decades and a licensed Realtor® since 2010, and he consistently ranks in the top 1% of sales nationwide. From his office on Main Street in Niantic he has bought, sold and managed more than 70 properties, and he has built a portfolio of more than 140 doors, including a boutique hotel, apartment buildings, short-term rentals and commercial space, and he manages another 60 doors. He helps buyers, sellers and investors across New London County, Connecticut, and is now expanding in New London.

  • 140+ doors owned, plus 60 more managed
  • Top 1% in sales nationwide
  • Licensed Realtor® since 2010, investor for 20+ years
Peter Claes

Co-host · Entrepreneur & operator

Peter Claes

Born in Belgium, Peter has been a serial entrepreneur for more than 15 years, starting in 2009 with companies in logistics, customs brokerage and international freight. He moved his family to Connecticut in 2016 and has since built and managed short-term, long-term and multifamily rentals. Today he is Managing Principal of Glass House Investing, leads the CT Valley Team at eXp Realty, and runs EG Enterprises and CT Home Services with Adam.

  • Managing Principal, Glass House Investing
  • Leads the CT Valley Team at eXp Realty
  • EG Enterprises: about 60 Airbnbs managed
Adam D'Ambra

Co-host · Former Navy submarine commander

Adam D'Ambra

Adam spent 22 years as a U.S. Navy submarine commander in the Naval Nuclear Propulsion Program, where official evaluations ranked him the #1 officer among 15 leaders on a three-star command staff. He holds degrees in nuclear engineering and engineering physics from Rensselaer Polytechnic Institute and started investing in 2009 while still on active duty. Today he owns 48 long-term rentals, manages a large short-term rental portfolio, and builds spec homes in Connecticut through EG Enterprises, a licensed general contractor.

  • 22-year Navy submarine commander
  • 48 long-term rentals owned
  • EG Enterprises: about 60 Airbnbs and new builds

What we own and build

A portfolio built one asset class at a time.

We spread our capital across property types that earn in different ways, and we have the crews and equipment to build from the ground up.

Hospitality

Hotels

We own the Niantic Inn and are acquiring more hotels.

Short-term rentals

Airbnbs

Our own units, plus EG Enterprises, which manages about 60 Airbnbs for other owners.

Multifamily

Apartment buildings

Long-term rentals that pay every month.

Retail

Strip mall

Commercial tenants on longer leases.

Self storage

Storage

A storage facility in Taftville closing this November, plus a large storage barn on our Montville property.

Ground up

New construction

We own the equipment to build from dirt to keys.

Value add

Fix and flip

We buy fast, renovate and resell, often for cash.

Expansion

New London

Where we're growing next.

Properties we own today

24 properties in 14 towns across New London County and the Connecticut shoreline

    Featured property

    The Niantic Inn

    Our boutique hotel at 345 Main Street, Niantic, a three-minute walk from Hole-in-the-Wall Beach and the heart of downtown. Studios and suites with kitchenettes, a garden and fire pit, and fast Wi-Fi make it a favorite for shoreline weekends and longer stays. When we bought it, it grossed about $480,000 a year and netted $160,000. Today it grosses about $1.1 million and nets about $700,000. That's the playbook we're bringing to the next hotels we acquire.

    $480K → $1.1M
    annual gross revenue, at purchase vs. today
    $160K → $700K
    annual net profit, at purchase vs. today
    9.0 / 10
    guest rating on Expedia, 123 reviews

    Track record

    Past projects: bought, renovated, sold

    11
    renovations completed and sold
    $4.4M
    in total sales
    $1.34M
    net profit on $3.07M invested

      Invest alongside us

      We're buying more hotels. Want in on the next one?

      We're building a larger portfolio and looking for partners who want to grow their wealth with us. Tell us a little about yourself and we'll reach out when a deal fits.

      Work with us

      Tell us what you need. The right one of us will reach out.