Best Real Estate Investing Advice Ever with Joe Fairless

Scott and his colleagues realized that there is a massive amount of bad information on the internet when it comes to asset protection. He set out to find and teach others a better way. Today Scott is here to tell us about setting up a series LLC to protect your assets, hide ownership, and not cause you a headache with your taxes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“People seem to think that insurance coverage is enough” - Scott Smith

 

Scott Smith Background:

-Owner of Royal Legal Solutions, provides business, tax, and legal solutions exclusively for real estate investors

-Spent 8-years deconstructing real estate investing, developed strategies to protect your assets from devastating lawsuits, maximize tax savings, and more

-Prior to RLS he was an aggressive litigator who brought suit against major insurance companies

-Say hi to him at https://royallegalsolutions.com

-Based in Austin, Texas

-Best Ever Book: Four Hour Work Week by Tim Ferris

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1275_-_Scott_Smith.mp3
Category:general -- posted at: 10:14am EDT

Bruce started his career as a stock broker. Around 1991 the market changed some and he was not able to make a lot of money in his career anymore. After an 18 year stint in the retail industry, Bruce started educating himself in real estate. His very first deal was a 48 unit syndication in Austin, Texas. Now he only looks at 200+ units and shares his experiences on podcasts for people to learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“What we do, on everything we do, it’s all based on community” - Bruce Petersen

 

Bruce Petersen Real Estate Background:

- Owner of Bluebonnet Asset Manager  

Serial syndicator of large multi-family properties ranging in size from 120-292 units.

-Awarded the Austin Apartment Association Independent Rental Owner of the Year for 2016

-Awarded the National Apartment Association's Independent Rental of the Year for 2017

-Say hi to him at www.apt-guy.com

-Based in Austin, Texas

-Best Ever Book: Rich Dad, Poor Dad

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1274_-_Bruce_Petersen.mp3
Category:general -- posted at: 11:38am EDT

James has recently bought two apartment communities, rehabbed the units and refinanced all of the capital out of them. What’s more impressive is that he acquired these properties by texting the owners! A lot of great tips for all investors in this episode, especially for syndicators or want-to-be syndicators. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“That’s a very expensive text because you get really good deals with that text” - James Kandasamy

 

James Kandasamy Real Estate Background:

-Owner of Achieve Investment Group

-Multifamily Sponsor owning 340 units in Central Texas Area with a focus on value add deals

-Syndicate large Multifamily Apartment properties by raising money from accredited private investors

-Say hi to him at http://achieveinvestmentgroup.com/

-Based in Austin, Texas

-Best Ever Book: Think and Grow Rich

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1273_-_James_Kandasamy.mp3
Category:general -- posted at: 4:14pm EDT

Dave is a previous guest on the show who specializes in triple net leases. Today he comes back on the show to talk about how he and his team try to predict certain things that will happen and be proactive in solving problems before they even come up. Dave gets a lot of people asking him how he “does so much”. He attributes being on top of everything all the time to his time spent working at The White House. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You have to develop this skill set to always be ahead of yourself” - Dave Sobelman

 

Dave Sobelman Background:

  • Founder & CEO of Generation Income Properties (a public net lease REIT)
  • Founder of net lease brokerage firm 3 Properties.
  • Managed more than 1,000 single-tenant net lease transactions and has been involved in about $10 billion in transactions
  • Began his tenure in commercial real estate as a Research Analyst and Associate for Grubb & Ellis Company
  • Was responsible for maintaining market data for over 134 million square feet of area properties and accurately forecasting regional trends for client assessments
  • Based in Tampa, Florida
  • Say hi to him at www.gipreit.com





Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1272_-_Dave_Sobelman.mp3
Category:general -- posted at: 12:48pm EDT

Dana is bringing a technology solution to virtual investors. If you own property in another state, Dana and her company Hemlane have an innovative solution to management for you. She says that their company is a good solution between DIY and full service property managers. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“All 11 portfolios automated on one dashboard” - Dana Dunford

 

Dana Dunford Background:

-CEO of Hemlane, a technology-enabled property management platform

-Previously, she worked at Apple in worldwide financial planning and analysis and at Nest, the home technology company acquired by Google for $3.2B

-Received her MBA from Harvard

-Say hi to her at https://www.hemlane.com/

-Based in San Francisco, California

-Best Ever Book: The Lexus and the Olive Tree



Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1271_-_Dana_Dunford.mp3
Category:general -- posted at: 4:07pm EDT

Joe and Theo are back this week to discuss rejection. We’ll hear of three different investors who were all rejected on offers but kept going and ended up finding success. This episode was also filmed on Facebook live, some listener/viewer questions were answered live in real time. To watch the live filming on Thursday before we turn it into a podcast episode on Friday, visit bestevershowcommunity.com.

 

Best Ever Tweet:

“Champions love the process as much as the outcome” - Quote we stole from Terrell Fletcher

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1270_-_Follow_Along_Friday.mp3
Category:general -- posted at: 2:14pm EDT

David reached the age of 53, living in Seattle he’s technically able to retire now. When he actually looked at his situation, he realized there was no way he could actually retire. He looked at options and felt that real estate was the answer for him. He set out to get his license, analyzed properties, and found a 24 unit cash flowing apartment building. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Pick your strategy and go with it” - David Sweeney

 

David Sweeney Background:

-30 years with the Seattle Police (currently a lieutenant)

-Nearing retirement age, he began to immerse himself in owning multi-family properties

-Got his real estate license this year, and last month closed on first transaction, a 24-Unit cash flowing apartment building

-Currently looking for his next deal

-12 years of experience as a professional mediator

-Say hi to him at davidsweeney.com or davidATdavidsweeney.com

-Based in Seattle, Washington

-Best Ever Book: 80/20 Sales and Marketing by Perry Marshall

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1269_-_David_Sweeney.mp3
Category:general -- posted at: 2:41pm EDT

Kathleen is an entrepreneur, podcaster, and real estate investor. We get to hear entrepreneurial tips from her as well as hear an investor story of buying residential real estate. She prefers to buy houses that are move in ready, and rent them out to decent tenants in decent areas. Her strategy is that she only buys homes that she would want to live in. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“It is worth thinking of your house as a brand in order to get good tenants” - Kathleen Shannon

 

Kathleen Shannon Real Estate Background:

-Co-owner of the branding agency Braid Creative

-Co-host and author of Being Boss a podcast (and now book!) giving advice for creative entrepreneurs

-Invests in residential properties with her husband as a way to slowly build their wealth and retirement

-10+ years Agency & Entrepreneurial experience

-Say hi to her at www.braidcreative.com

-Based in Oklahoma City, Oklahoma

-Best Ever Book: Daring Greatly

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1268_Kathleen_Shannon.mp3
Category:general -- posted at: 10:52am EDT

Eric left his 6-figure IT job to pursue real estate full time a few years ago. Now he owns properties and prefers to manage them himself. Today he tells us his best ever tips for managing investment properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review.

 

Best Ever Tweet:

“It all depends on where you’re at in your life and what your true opportunity cost is” - Eric Drenckhahn

 

Eric Drenckhahn Real Estate Background:

-A "DIY landlord" who has managed his mid-sized portfolio for years since 2000

-Left his full-time 6-figure IT job to pursue real estate and travel

-Purchased 5 fourplexes and a single-family home, a couple more flips, either as an investor or in the rehab

-Single-family home at a sheriff’s sale that was redeemed away from me.

-Currently focusing on doing a 1031 exchange to a Florida property

-Say hi to him at http://www.nononsenselandlord.com/

-Based in St. Paul, Minnesota

-Best Ever Book: The Art of the Deal

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1267_-_Eric_Drenckhann.mp3
Category:general -- posted at: 12:52pm EDT

Josh has been investing in real estate for 5 years now and has done a good amount of deals. He’s gotten creative to purchase some of them, and has even done live-in flips with his family living in the house with him! To hear some creative strategies and how to tackle difficult situations click listen on this episode! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review

 

Best Ever Tweet:

“There’s only four banks in our town” - Josh Daniels

 

Josh Daniels Real Estate Background:

- invest in single family homes and small duplex

- Real estate investor for the past 5 years

- has 8 units in his portfolio

- Have completed 8 buy-n-hold deals, flipped 4 properties, wholsaled 2

- Say hi to him at joshcecATgmail.com

- Based in Columbus, Montana

- Best Ever Book: Millionaire Next Door

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1266_-_Josh_Daniels.mp3
Category:general -- posted at: 2:43pm EDT

Edwin grew up with his mom being a realtor in Orange County, California. He’s been around real estate for a long time, and spent 10 years in digital marketing. When the economy collapsed around 2007, he thought (correctly so) that social media was going to be how businesses grow in the future. Today he shares a lot of tips with us on how we can attract leads using social media. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The first barrier is the willingness to learn” - Edwin Dearborn

 

Edwin Whittier Background:

-CEO of Premiere Lead Systems

-Featured in the Huffington Post, Entrepreneur, Social Media Today and other national media outlets

-Author of Amazon bestseller, Power Branding Secrets

-Say hi to him at www.premierleadsystems.com

-Based in Las Vegas, Nevada

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1265_-_Edwin_Whittier.mp3
Category:general -- posted at: 5:37pm EDT

Stevie started by learning construction and building homes. She moved onto flipping homes, and eventually container buildings. What was supposed to be a retirement project, turned into a full blow real estate investing business. Make It Modular has taken off in the last year, Stevie and her team don’t see any signs that will change. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Don’t ever take no for an answer, and dream big” - Stevie Bear

 

Stevie Bear Real Estate Background:

-President/ CEO – Make It Modular, Owner of Community Real Estate Investing

-Managing Partner  at UP Capital Funding, Broker/ Owner of Four Directions Realty

-4th generation in Real Estate

-Been involved in Texas real estate since 1997, and has been a licensed Broker/REALTOR  in Texas since 1998

-Say hi to her at http://makeitmodular.com/

-Based in Austin, Texas

-Best Ever Book: Road Less Traveled by Scott Peck

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1264_-_Stevie_Bear.mp3
Category:general -- posted at: 10:52am EDT

Scott bought his first home when he was only 14 years old! Now he’s done over 1,500 real estate transactions and he specializes in getting creative with his deals. Scott likes to get creative when he buys as well as when he sells. To hear expert tips on creative financing from both the buying and selling side, listen to this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Decide that you’re not gonna let adversity take you down” - Scott Ulmer

 

Scott Ulmer Real Estate Background:

-Owner of Little Pink Houses of America

-Bought his first home when he was 14 years old, and started investing full-time right after high school

-Developed unique Lease-Purchase program coined “ABLE” (Assembling Buyer Lease Estates)

-Has done 1,500 real estate transactions, specializing in non-traditional, creative, no-money, no-credit style deals

-Say hi to him at www.pinkaffiliates.com   904-500-PINK (7465) ext. 2

-Based in Jacksonville, Florida

-Best Ever Book: Good to Great by Jim Collins

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1263_-_Scott_Ulmer.mp3
Category:general -- posted at: 4:52pm EDT

Jared started in real estate 5 years ago. Now he has over 75 rental units of his own, and manages over 100 more for his clients. Jared prefers the south side of Chicago, which he says is an often forgotten area of the city. He has a lot of wisdom to share with us today with both investing and managing properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“When there’s zero processes in place, everything is chaotic” - Jared Kott

 

Jared Kott Real Estate Background:

-Owner of Marblestone Property Group, a property management company

-South Side Chicago real estate investor, an often forgotten area of the city

-Has accumulated 75 rental units, over 100 under management in under 5 years with no prior real estate experience

-Has a long lasting relationship with Secure Pay One, whom they partner with

-Say hi to him at http://www.mpghousing.com/

-Based in Chicago, Illinois

-Best Ever Book: Never Split the DIfference

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1262_-_Jared_Kott.mp3
Category:general -- posted at: 4:40pm EDT

Tim helps people keep as much money as possible, paying attention to what is going out, what he calls “playing defense”. He is also an investor with a pretty extensive background. We’ll not only hear an amazing real estate investing story, but also receive advice on how to maximize our current assets. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“My two biggest mistakes are deals I didn’t do” -  Tim Rhode

 

Tim Rhode Real Estate Background:

-Real Estate Investor and Life Coach at 1 Life Fully Lived

-Founder of 1Life Fully Lived and the co-founder of Gobundance

-Has sold real estate for approximately 18 years and sold over 2,500 homes in that period

-Hosts conferences twice a year for those looking to up their game in real estate investing

-Based in Portola, California

-Say hi to him at http://www.1lifefullylived.org

-Best Ever Book: Richest Man in Babylon



Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1261_-_Tim_Rhode.mp3
Category:general -- posted at: 5:17pm EDT

Craig tells us about his lifestyle of financially maximizing his own duplex and car. We’ll hear the pros and cons of house hacking on an extreme level. His role at BiggerPockets is to keep track of all of the finances, but he is also an investor. An interesting story that surely has value for all different levels of investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Don’t be afraid to be uncomfortable” - Craig Curelop

 

Craig Curelop Background:

-Financial Analyst at BiggerPockets full time

-Real Estate Investor, known as "Life Hacker" - Realizing maximum efficiencies on investments

-Closed on first property in June 2017, a duplex that he’s currently house hacking.

-Purchased a duplex, rents out the top and AirBnb my bedroom

-Would like to partner up with someone and purchase another multifamily property this year  

-Say hi to him at www.biggerpockets.com

-Based in Denver, Colorado

-Best Ever Book: Never Split the Difference

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1260_-_Craig_Curelop.mp3
Category:general -- posted at: 9:33pm EDT

Chad is here as a financial planner to very high net worth individuals, to tell us how to plan our financial future. As real estate investors our path can be different than a W2 worker. Chad has helped a lot of investors make financial plans so have pen and paper ready for this one! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Be growth oriented with a focus of income” - Chad Shaw

 

Chad Shaw Background:

-Founding partner of MST Financial Wealth Management and Insurance Services

-Qualifying member of the Million Dollar Round Table, the premier association of financial professionals

-An investment advisor and broker, working closely with real estate investors

-His team of five financial advisor partners offer high quality investment, tax, insurance & wealth management advice

-Say hi to him at http://chadshaw.nm.com/

-Based in Orange County, California

-Best Ever Book: Principles by Ray Dalio

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1259_-_Chad_Shaw.mp3
Category:general -- posted at: 3:13pm EDT

James is here to tell us about an evening ritual he uses and writes about in his best selling book. He is also a real estate investor and has advice for investors as well. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“This is for anyone who wants more success” - James Colburn

 

James Colburn Background:

-Worked for more than two decades in executive and entrepreneurial roles in marketing, real estate, and consulting.

-Best selling Author of RESUCCEED revealing the 5-Minute Epic Evening Ritual, tips and tricks of top performers

-Speaks on finding fulfillment and success in real estate with the help of James Colburn's Epic Evening Ritual

-Known for his real estate team building activities and his epic 5 minute rule

-Say hi to him at http://www.jamescolburn.net/   

-Based in Seattle, Washington

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1258_-_James_Colburn.mp3
Category:general -- posted at: 5:10pm EDT

Mark started investing in real estate at the age of 22. Now with over 2300 units and plenty of partnerships had, he can tell us a thing or two about good and bad partnerships. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“We found out fairly quickly that he was doing some things he shouldn’t be doing” - Mark Kenney

 

Mark Kenney Real Estate Background:

-Seasoned real estate investor, published author and founder of Think Multifamily

-Over 20 years experience and has extensive experience in property valuation, acquisition, and operations

-Has a passion to help others succeed in the multifamily arena and is invested in 2100 units

-Mark also is a CPA

-Say hi to him at http://thinkmultifamily.com/

-Based in Dallas, Texas

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1257_-_Mark_Kenney.mp3
Category:general -- posted at: 6:38pm EDT

Today we have a listener question on how to structure your partnership. Joe gives extensive tips and insights into real life practices that he uses in his business, as well as other methods that may be better for you. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“If a door opens itself up, and you get to walk through there, take that chance”



Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1256_Follow_Along_Friday.mp3
Category:general -- posted at: 4:35pm EDT

As the title says, Ian started investing at 7 years old in the stock market. Now He oversees Investments for the funding platform CrowdStreet. Now with over $5 billion of value in projects completed, Ian is here today to tell us some higher level investing strategies and things to look out for. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The deal looks good, now let’s go through terms of the deal” - Ian Formigle

 

Ian Formigle Real Estate Background:

-Vice President of Investments at CrowdStreet

-Commercial real estate professional and serial entrepreneur with over 20 years experience in real estate

-His experience includes private equity, startups and equity options trading

-At CrowdStreet, he oversees the  Marketplace, an online commercial real estate investment platform

-He has has completed over 160 offerings totaling over $5 billion in project value  

-Say hi to him at https://www.crowdstreet.com/

-Based in Portland, Oregon

-Best Ever Book: Mystery of Capital

 


Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1255_-_Ian_Formigle.mp3
Category:general -- posted at: 11:45pm EDT

JD and his wife thought the best thing to do with their first deal was new construction. They didn’t make money on that deal, actually they lost some. They sat out for a little while before getting back into real estate. Now JD has a full time job and multiple part time jobs, along with having a portfolio of 12 properties he rents out. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“If the most you can pay is $75k and they come back at $76k, you gotta walk” - JD Martin

 

JD Martin Real Estate Background:

- Real estate investor and Owner of Biz Brainstormers, a real estate business, and personal consulting

- Executive director of a utility system and adjunct professor for two major universities

- US Navy Gulf War I veteran and holds a doctorate degree in public administration

- Based in Johnson City, Tennessee

- Say hi to him at: http://www.bizbrainstormers.net/

- Best Ever Book: Your Money or Your Life



Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1254_-_JD_Martin.mp3
Category:general -- posted at: 10:25am EDT

Ryan is a contractor and investor who specializes in training investors how to deal with contractors. This is huge as investors, especially flippers. With proper construction knowledge you’ll be able to save money on bids, as well as keeping yourself from being taken advantage of. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The #1 mistake is investors have expectations of a rehab” - Ryan Garcilazo

 

Ryan Garcilazo Real Estate Background:

-Owner of the Gacilazo group, who train investors, newbies, contractors and wholesalers how to rehab

-They buys, renovate, and turn—either renting or selling—an average of about 16 properties a month

-Has flipped nearly 600 homes and worked with nearly 1,000 investors

-Won top 550 contractor awards the past fours years. Earned a spot on on the INC 5000 list

-Say hi to him at https://www.thegarcilazogroup.com/  

-Based in Chicago, Illinois

-Best Ever Book



Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your

Direct download: JF_1253_-_Ryan_Garcilazo.mp3
Category:general -- posted at: 2:27pm EDT

Jack and Jeff are able to run a more efficient business by leveraging each others’ strengths. With over 80 properties that all cash flow really well, safe to say this has been a lucrative partnership. They’ll tell us a lot of details about their business that can help all of us learn how a larger scale real estate business runs. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“We monitor everything that they’re doing” - Jeff Schechter & Jack Gibson

 

Jeff Schechter & Jack Gibson Backgrounds:

-Co-founders of High Return Real Estate

-Have over 80+ turnkey properties that are producing outstanding monthly cash flow returns.

-Each the processes of high return investments that you can’t secure through traditional sources

-Jack ran a successful multi-million dollar company before he was old enough to rent a car.

-Say hi to them at https://highreturnrealestate.com

-Based in Indianapolis, Indiana

-Best Ever Book: Rich Dad, Poor Dad



Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1252_-_Jeff_Schechter_and_Jack_Gibson.mp3
Category:general -- posted at: 12:01pm EDT

Trevor has been a business and personal coach of Joe’s for years. Today Trevor tells us his 5 step process for making a connection with a call to action at the end. As investors, we are not really in the real estate business. Rather we are in the relationship business, and Joe has successfully closed deals using this process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Whatever you do, you gotta kick off the conversation by establishing rapport” - Trevor Mcgregor

 

Trevor McGregor Background:

  • Business Performance Coach, Strategist, Consultant & Speaker, CEO of Trevor McGregor International
  • Mentorship has helped several of his clients cross the 7, 8 and 9 figure business mark
  • Real estate investor who has done fix and flips, buy and holds and wholesaling
  • For 25 years he has started and grown successful enterprises, including his Real Estate Investment Firm
  • Based in Vancouver, Canada
  • Say hi to him at www.coachwith www.trevormcgregor.com

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1251_Trevor_McGregor.mp3
Category:general -- posted at: 11:42am EDT

Beth has an incredible amount of knowledge in insurance and specifiically insurance for real easte investors. As the Vice President of Sales at a full service insurance agency, knowing specialty insurance programs for real estate investors is part of her job. This episode will help you understand your insurance needs. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“In my world, the deductible is more like car insurance” - Beth Boisseau-Coots



Beth Boisseau-Coots Background:

-Vice President of Sales for J.B. Lloyd & Associates, a full service insurance agency

-Specializes in specialty insurance programs for real estate investors, lenders, mortgage servicers, community banks

-Endorsed by Texas & Western Independent Bankers for Forced Place, Foreclosed Property Liability, Mortgage Impairment, and Outsourced Insurance Tracking.

-Say hi to her at http://www.lloyd-ins.com/ - beth.cootsATusrisk.com

-Based in Dallas, Texas

-Best Ever Book: Think and Grow Rich

 

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1250_-_Beth_Boisseau_Coots.mp3
Category:general -- posted at: 4:06pm EDT

Today’s episode was inspired by a listener question. Joe and Theo do their best to answer the question and offer suggestions to the listener. The question is an unusual one, but the solution is relatable to a lot of people. To hear how you can get into apartment investing in a creative way, this is an episode for you! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“When I give back, I always get something in return”

 

Mentioned in this episode:

 

Best Ever Conference:

https://besteverconference.com/summary/

 

Best Ever Show Community Facebook Group:

https://bestevercommunity.com


Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1249_-_Follow_Along_Friday.mp3
Category:general -- posted at: 11:02am EDT

Kimberly was a landlord but decided she did not want to deal with tenants anymore. Now she focuses on non-performing 1st mortgages. Being in this space allows her to help people stay in their homes, but sometimes she will have to take ownership of the properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Note buying has a lot of rabbit holes” - Kimberly Banks Fawcett

Kimberly Banks Fawcett Real Estate Background:

-Portfolio Manager at Inspired Capital Group, LLC.

-Inspired Capital Group invests in non-performing mortgage notes on residential and commercial properties

-Raised by real estate investors and bought her first rental property 3 months after graduating college.

-Experience in both residential and commercial investments

-Now focuses almost exclusively on the non-performing 1st mortgage space.

-Say hi to her at www.inspiredcapitalgroup.com

-Based in Plano, Texas

-Best Ever Book: The One Thing

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1248_-_Kimberly_Bank_Fawcett.mp3
Category:general -- posted at: 2:52pm EDT

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