Best Real Estate Investing Advice Ever with Joe Fairless
JF58: Turning Smiles into Profits

Combine a long-term vision with best-in-class customer service and what do you get? A company that Inc. Magazine recognizes as one of the fastest growing in the United States. Today’s Best Ever guest shares with us how he helped turn his company from a transactional operator to an industry leader. You’ll hear about achievements, mistakes and everything in between in this candid conversation about building a company from the ground up.

Tweetable quote:

Give investors a positive experience and make them money.

Chris Clothier’s real estate background:

-        Partner and co-owner of Memphis Invest, a turn-key real estate company (www.memphisinvest.com)

-        His company has been recognized by Inc. Magazine as one of the fastest growing private companies in the US for three straight years

-        Memphis Invest has over 2,600 properties under management

 

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: Be_Chris_C.mp3
Category:archive1 -- posted at: 5:00am EST

JF57: Peek-a-Boo I See You: Overlooked Costs on a Fix and Flips

How much did it cost to fix up? What did you pay for it? How long did you hold it? What did you sell it for? Those four questions are the four that are typically asked when evaluating the success of a fix and flip deal. However, today’s Best Ever guest shares with us secret, hidden and…spooky (ok, not spooky but it is Halloween season…) expenses that usually get overlooked.

Tweetable quote:

It’s a learning experience. It’s not a failure.

Mark Ferguson’s real estate background:

-        Real estate agent since 2001

-        Fixes and flips between 10 – 15 properties a year  

-        Runs a team of ten that has sold an average of 200 homes a year over the last four years

-        Owner of 11 investment properties

-        Founder of Invest Four More (www.investfourmore.com) – a real estate investing blog

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: Be_Mark_Ferguson.mp3
Category:archive1 -- posted at: 4:30am EST

JF56: The Complete Guide to Staging Your Property

Want to command the most money for your house? Stage it baby! Today’s Best Ever guest talks in detail about how to stage a home so it commands the highest dollar. This info is perfect for all investors doing Lease to Purchase Options.  

Tweetable quote:

Don’t paint your front door red.

Joyce Kelly's real estate background:

-        Real estate agent at Nathan Grace Real Estate

-        Over 10 years of interior design experience

-        Received 2nd place in Window Fashions Envisions National Competition

-        Kaleidoscope People’s Choice Award winner for Interior Design

-        Authored many articles in Drapery and Design Professional and Drapery & Window Coverings

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: The_Complete_Guide_to_Staging.mp3
Category:archive1 -- posted at: 5:00am EST

JF55: Creative Alternative to Just Renting Your House

Today’s Best Ever guest had a problem. She could sell her house so she was forced to turn it into a rental. But instead of simply renting it she did a lease with option to purchase. Listen to hear how that turned out…

Tweetable quote:

Always have a Plan B.

Holly Williams’s real estate background:

-        Successfully done a lease with purchase option contract (that turned out really well for her)

-        Creatively financed Manhattan apartment

-        Passive investor in tax liens and multifamily syndication

 

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_holly_w.mp3
Category:archive1 -- posted at: 5:30am EST

JF54: Pros and Cons of Passive and Active Investing

Today’s Best Ever guest shares with you what he has learned from actively investing in real estate and comparing that to passive investing in another investor’s deal.

Tweetable quote:

Just go out and do it.

Pedro Duquesne's real estate background:

-        Passive investor in a large multifamily syndication

-        Active investor in a 6-unit multifamily building

-        Still working his fulltime job in the fashion industry while doing real estate investing

 

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_pedro_d.mp3
Category:archive1 -- posted at: 5:30am EST

JF53: Cashing in on Revitalized Areas

Buy in an improving area, manage well and watch your value increase. Seems obvious right? Right. But today’s Best Ever guest shares with you a major wrinkle to this plan that can help you increase your property value even more…and faster. 

Tweetable quote:

Is it possible? Yes, so let’s get to work.

 

Al Williamson’s real estate background:

-        Been a landlord since 1996

-        Owner of two homes, one apartment building and one commercial building

-        Author of Building Wealth with Inner City Rentals

-        Visit him at www.leadinglandlord.com

 

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_al_wi.mp3
Category:archive1 -- posted at: 4:41pm EST

JF52: A Different Kind of Due Diligence

We all think about due diligence as research on the property we’re going to buy. But, today’s Best Ever guest talks about the importance of conducting more due diligence on his team than the market or property. And he would know because he has invested in Australia, Kansas City, Upstate New York and Ohio…so he’s implemented this advice successfully many times over.

Tweetable quote:

Do more due diligence on your team than your market.

Engelo Rumora’s real estate background:

-        Started with $40,000 in savings and bought first house in 2011 in Australia

-        Then, 6 months later purchased 7 more in Australia and the U.S.

-        Portfolio is valued over $1,000,000

-        Can be found at http://www.engelorumora.com/

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_engelo_r.mp3
Category:archive1 -- posted at: 5:30am EST

JF51:  A Multifamily Biz Model that Quickly Scales Your Wealth

Today’s Best Ever guest shares with you the biz model he uses to quickly scale his apartment investing business. Next week he is closing on a $12,000,000 property – I think you’ll want to hear what he has to say.

Tweetable quote:

Start smart and invest in yourself.

Chris Urso’s real estate background:

-        Raised over $15,000,000 of private equity

-        In last 4 years his company has acquired over $45,000,000 worth of apartments 

-        He and his wife began investing in 2001 originally focusing on residential

-        Co-founder of U.R.S. Capital Partners & Elite Apt Coaching, a multifamily coaching and training program (http://www.eliteapartmentcoaching.com/)  

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_chris_u.mp3
Category:archive1 -- posted at: 11:15am EST

JF50: Coulda, Woulda, Shoulda…The Top 5 Multifamily Mistakes and How to Avoid Them.

Today I reveal the Top 5 Lessons Learned Looking Back on Multifamily Deals. I’ve spoken to successful multifamily investors and they dished all the stuff they wish they would have done differently. Listen to this advice, implement it and avoid these mistakes.

 Happy 50th show! 

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

Sponsored by: Door Devil - visit www.doordevil.com and enter "bestever" to get an exclusive 20% discount on your purchase. 

 

Direct download: be_joe_f.mp3
Category:archive1 -- posted at: 8:57pm EST

JF49: One...Two…Three…Four…FIVE Keys to Real Estate Success!

From CPA to successful investor, today’s Best Ever Guest shares with you the five keys to success that will help you do more deals and make more moooola.  

Tweetable quote:

Learning to educate will lead to successful money raising.  

 

Matt Owens’s real estate background:

-        Has a portfolio of over 350 homes

-        Founder of OCG Properties (www.ocgproperties.com)  

-        Currently buying 5 to 10 properties a month in Memphis and Atlanta

-        Started investing 8 years ago and was previous a CPA

 

Subscribe in iTunes and Stitcher so you don't miss an episode! 

Sponsored by: Door Devil - visit www.doordevil.comand enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_matt_o.mp3
Category:archive1 -- posted at: 2:24pm EST