Best Real Estate Investing Advice Ever with Joe Fairless
JF301: The Questions YOU Need to Ask Yourself Before Investing in Single-Family Homes

Ever feel a gut feeling that you should or shouldn’t make an investment? Well, HERE are the questions you need to ask yourself about your potential investment. We discuss how to stay focused on what you’re trying to achieve and everything you need to know about buying single-family homes.

 

 

Best Ever Tweet:

 

If you’re looking to get into the industry, partner with someone who’s experienced.

 

John Gutman’s real estate background:

-          VP of Sales and Acquisitions for MACK Companies 

-          Responsible for the strategic purchase of all residential properties as well as mgmt. of the sales and acquisition staff

-          Headquartered about 20 minutes from downtown Chicago

-          Sold over $315M worth of real estate

-          Say hi to him at johng@ibuymack.com

-          Went to boarding school in Connecticut and went to University of Oregon for college

 

 

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Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Wela – Get clarity and insight on your money by using Wela. See all your accounts in one place, and get all the answers to your questions from a real financial advisor ANYTIME.  Go to yourwela.com to learn more. 

Direct download: JF2030120John20Gutman2.mp3
Category:general -- posted at: 12:26am EDT

JF300: Why Every Market You Invest in Is Essentially the SAME

Today’s Best Ever Yankee/Southerner may not be able to decide what state he wants to be in, but he sure as heck knows a little something about real estate! Start paying attention, because we discuss the new tool you need to begin using to analyze deals, and why the market you invest in just doesn’t matter if you can find a good deal.  

 

 

Best Ever Tweet:

 

Pick markets like you’re picking winners.

 

Gregory Rand’s real estate background:

-          CEO of Own America and incoming president of Investability.com, the world’s first national investment search portal  and is based in Charlotte, North Carolina

-          Been advising investors for 30 years from institutional investment funds to individual investors

-          Real estate contributor on FOX Business Network and author of the best-selling book Crash Boom: Make a Fortune in Today's Volatile Real Estate Market

-          Moved from NY because he realized he was a southerner 

-          Here is the document we discussed on the show: Denver AQ.pdf

 

 

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Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Local Lead Generator - Need more leads? Read the “Small Business Owners Guide to Local Lead Generation” in order to generate more leads. Visit localleadgenbook.com for more info. 

Direct download: JF2030020Greg20Rand.mp3
Category:archive1 -- posted at: 12:29am EDT

JF299: The TREMENDOUS Advantages of Giving Back #skillset Sunday

You gotta give to receive. Today we discuss the different benefits you can receive from giving back and just how beneficial giving to charity can be for your entrepreneurial career. Plug in your earphones and learn the

 

Best Ever Tweet:

 

 

It’s all a win-win situation when you partner with a charity.

 

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

 

Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Local Lead Generator - Need more leads? Read the “Small Business Owners Guide to Local Lead Generation” in order to generate more leads. Visit localleadgenbook.com for more info. 

Direct download: JF2029920Skillset20Sunday.mp3
Category:archive1 -- posted at: 12:30am EDT

JF298: Why YOU Need to Start Gaining Clients From Social Media

Today’s Best Ever guest shares with us how he gains clients from social media and his blog and how to determine what is REAL and what is speculation. We also discuss all you need to know about real estate investing in Miami, and why it may be the market you are forgetting about.

 

 

Best Ever Tweet:

 

In real estate, consistency is the best tool you have.

 

Adrian Foley’s real estate background:

-          Attended law school and keeps his law license active but focuses the bulk of his time to real estate

-          Real estate agent at GSL Properties based in Miami, Florida who works with buyers and sellers in Miami’s top luxury submarkets

-          Fluent in both English and Spanish

 

 

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

 

Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

Local Lead Generator - Need more leads? Read the “Small Business Owners Guide to Local Lead Generation” in order to generate more leads. Visit localleadgenbook.com for more info.

 

 

Direct download: JF2029820Adrian20Foley.mp3
Category:archive1 -- posted at: 12:30am EDT

JF297: How to Take Creative Investing To the MAX

KISS: Keep It Simple, Stupid! Today’s Best Ever guest shares with us how to keep the investing game simple. We also discuss how he analyzes markets, nationally and internationally, to determine how he should hold his money and how to creatively invest in real estate. Listen up, because he shares with us some incredibly creative advice!

 

 

Best Ever Tweet:

 

The money is in the deals, and you need to start looking for the deals.

 

Matthew Elmer’s real estate background:

-          Based in Dallas, Texas

-          Been an active investor for 7 years

-          CEO of The Real Alliance and has helped students do 200 transactions in the last 12 months

-          Owner of Skyward Properties, a property flipping business

-          CEO of Simplified Realty to simplify the real estate process

-          Author of “Against the Grain”

 

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Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Wela – Get clarity and insight on your money by using Wela. See all your accounts in one place, and get all the answers to your questions from a real financial advisor ANYTIME.  Go to yourwela.com to learn more. 

Direct download: JF2029720Matthew20Elmer.mp3
Category:archive1 -- posted at: 12:30am EDT

JF296: How to Manage Everything From a Single-Family Home to Hundreds of Apartment Units

Today’s Best Ever guest shares with us everything you need to know about property management. Whether a property manager or not, here are the things YOU need to know about it and what you need to look for in a potential property manager.

 

 

Best Ever Tweet:

 

Manage one door like you manage one hundred.

 

Clint Collins’ real estate background:

-          Began managing apartments while in grad school for free rent 10 years ago

-          Been investing and managing properties ever since

-          His team now runs over 1,800 units and Clint directs an accredited property management training program for www.RentLikeAPro.com and HUDU University

-          He is currently consulting for a multifamily project in Micronesia

-          Based in Guam and Idaho and Utah

-          Here is the sample doc we discussed SAMPLEApplicationScoring.pdf

 

 

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Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Wela – Get clarity and insight on your money by using Wela. See all your accounts in one place, and get all the answers to your questions from a real financial advisor ANYTIME.  Go to yourwela.com to learn more. 

Direct download: JF2029620Clint20Collins.mp3
Category:archive1 -- posted at: 12:34am EDT

JF295:  EVERYTHING You Need to Know About Forming LLC’s, C-Corps and S-Corps

Ever want to start your own investment company, but don’t know where to start? Well, today’s Best Ever guest shares with us just how to start one, and the Best Ever way to protect your assets. We discuss the pros and cons of each, so listen up because the future of you may be able to determine where to take your young company after today’s episode.

 

 

Best Ever Tweet:

 

The minute you walk on to that property, you should know that you are making money on it.

 

Nellie Akalp’s real estate background:

-          Based in Westlake Village, California

-          Founder and CEO of www.corpnet.com

-          Started being an entrepreneur in 1997 when she started her first company

 

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

 

Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Fire Damage Property - Have a fire damaged property or an insurance claim to take care of? Call firedamagepropertyaz.com and they will give you options insurance companies don’t want you to know about. Call 602-753-8289 and ask for Elijah for more information. 

Direct download: JF2029520Nellie20Akalp.mp3
Category:archive1 -- posted at: 12:30am EDT

JF294: How to Prove That YOU Are a Credible Investor and Why It’s So Important to Prove

Now, I know if you’re a Best Ever listener you’re certainly not lazy, but today’s Best Ever guest was and now look at him. He shares with us how to quickly estimate the cost for a flip, what YOU need to do to ensure sellers that you are a credible buyer. He is a world class flipper, so listen up because your path to financial freedom is here!

 

 

Best Ever Tweet:

 

Whenever you have a call for a property, you need to be prepared to be able to make an offer on the spot.

 

Danny Johnson’s real estate background:

-          Professional house flipper, and has flipped hundreds of houses over the past 11 years

-          Based in San Antonio, TX

-          Author of “Flipping Houses Exposed: 34 weeks in the life of a successful house flipper”

-          Say hi to him at www.flippingjunkie.com

-          Danny Johnson's Scope of Work Document

 

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

 

Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Fire Damage Property - Have a fire damaged property or an insurance claim to take care of? Call firedamagepropertyaz.com and they will give you options insurance companies don’t want you to know about. Call 602-753-8289 and ask for Elijah for more information. 

Direct download: JF2029420Danny20Johnson.mp3
Category:archive1 -- posted at: 12:30am EDT

JF293: Why the Most Important Return on Your Investment is Your Return on TIME

Today’s Best Ever guest is probably going to run a marathon after today’s conversation, but listen up while we have him because we discuss some fascinating loans that he has used to buy properties, and how to use equity to make sure you have NO liability. We also discuss how important your ROT (return on time) truly is.

 

 

Best Ever Tweet:

 

Once a real estate investor understands leverage, it can change their life.

 

Keith Weinhold’s real estate background:

-          Founder of Get Rich Education focused on passive real estate investing

-          Passive real estate investor

-          Based out of Anchorage, Alaska

-          Bought a four-plex and lived in one unit rented out the others

-          Listen to his podcast at Get Rich Education

-          Regularly does running and cross country skiing marathons

 

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

 

 

Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Fire Damage Property - Have a fire damaged property or an insurance claim to take care of? Call firedamagepropertyaz.com and they will give you options insurance companies don’t want you to know about. Call 602-753-8289 and ask for Elijah for more information. 

Direct download: JF2029320Keith20Weinhold.mp3
Category:archive1 -- posted at: 12:30am EDT

JF292: The Top Five Things I’ve Recently Learned About Multi-Family Properties #skillset Sunday

Today, we have a conversation about the mechanics of optimizing your cash flow with multi-family properties. I’ve learned a lot recently with my multi-family investing, and I’d be a fool not to share my Best Ever advice with my Best Ever listeners!

 

 

Best Ever Tweet:

 

Make sure you’re keeping track of where money is going and who it’s going to.

 

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

 

Made Possible Because of Our Best Ever Sponsor:

 

Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever

 

 

Cozy - Are you still chasing down rent checks down?? Cozy, automates the whole process for you so you can avoid all of the hassles that come with being a landlord. Say hi to them at cozy.co 

Direct download: JF2029220Skillset20Sunday.mp3
Category:archive1 -- posted at: 12:30am EDT