Best Real Estate Investing Advice Ever with Joe Fairless

Evan was in the medical field in college before realizing that was not for him. He noticed a student housing development being built close to his school and wanted in. He blew up the development company until they gave him a task, get 100 students to the groundbreaking - Evan got 800! Now working for a large development company, hear how he was able to get his dream job and how they use tax credits to build affordable housing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Know your niche and know what you’re good at” - Evan Holladay

Evan Holladay Real Estate Background:

  • Real estate developer and investor
  • Developed over $100 million in new construction multifamily at LDG Development
  • Uses tax credits to create affordable and mixed income communities
  • Based in Louisville, KY
  • Say hi to him at www.evanholladay.com
  • Best Ever Book: Crucial Conversations

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Direct download: JF_1367_-_Evan_Holladay.mp3
Category:general -- posted at: 12:01pm EDT

Rich is in the military, currently stationed in South Korea. He has always been a big Dave Ramsey fan so his approach to real estate investing is a little less typical. Rich likes to buy his properties all cash, he has no debt to his name. This is a strategy that has worked well for him and gives him peace of mind. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Once you start getting into multifamily, there’s some serious money and cash flow to be made” - Rich Carey

 

Rich Carey Real Estate Background:

  • Purchased 20 rental properties with cash and flipped several houses
  • Paid off $280k mortgage in 6 years
  • Based in South Korea (on military orders)
  • Say hi to him at http://richonmoney.com/ or richcarey@gmail.com 
  • Best Ever Book: Fooled by Randomness

 

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Made Possible Because of Our Best Ever Sponsor:

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Direct download: JF_1366_-_Rich_Carey.mp3
Category:general -- posted at: 10:07am EDT

Jack and Josh worked together at their W2 job, sitting across the cubicle from each other every day and scheming of a way to break out. One day Josh’s whole team was laid off, he took advantage of that and started building a portfolio after emptying his IRA. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“It’s great to have all of your numbers and relationships in line” - The REI Rookies

 

Jack Hoss & Josh Koth - The REI Rookies Real Estate Backgrounds:

  • Hosts of the real estate podcast REI Rookies
  • Focused on creating wealth through conventional and creative real estate investing
  • Valley Property Partners - single family, buy and hold investors
  • Share their experiences and lessons learned as they work towards financial freedom
  • Based in Fargo, North Dakota
  • Say hi to them at http://www.reirookies.com/
  • Best Ever Books: Cash Flow Quadrant

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

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Direct download: JF_1365_-_Jack_Hoss_and_Josh_Koth.mp3
Category:general -- posted at: 12:11pm EDT

Against the advice of his parents, Todd started branching out from his Quizno’s franchise. He bought his first property at an auction and thought he might lose his shirt. That first property ended up being extremely profitable, but he still was not all in on real estate. Once he decided to really focus his efforts on real estate investing, he blew up, even after a bankruptcy. Now his company is completing $50 Million of new construction.  If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Every problem in life has a solution” - Todd Fox

 

Todd Fox Real Estate Background:

  • Started investing in real estate 9 years ago
  • He had $20,000 and no clue what he was doing
  • Spent first few years working 100 hours a week, learning the business from the inside out
  • Now in 2018, his company Visum Development Group will complete just under $50 million of new construction in this year alone
  • Based in Ithaca, NY
  • Say hi to him at https://www.visumdevelopment.com/
  • Best Ever Book: When I stop talking, you’ll know I’m dead


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Direct download: JF_1364_-_Todd_Fox.mp3
Category:general -- posted at: 12:51pm EDT

Matt has shared his lessons learned quite a bit already through his own podcast, Epic Real Estate Investing. Today he joins Joe on the Best Ever Show and explains how anyone can create residual income through real estate investing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“There’s a whole lot of value in finding the deal” - Matt Theriault

 

Matt Theriault Real Estate Background:

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

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Direct download: JF_1363_-_Matt_Theriault.mp3
Category:general -- posted at: 10:59am EDT

Adam bought and renovated two 4 unit properties in 2017. His efforts with the rehab and raised rents brought the value of each property up tremendously, he made half a million dollars with those properties. We dive into the details of those two projects and discuss how he made it happen. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You have to take care of it, you can’t just leave it” - Adam Kitchener

 

Adam Kitchener Real Estate Background:

  • Made $500k in 2017 through real estate
  • Owns property in Brantford, Ontario
  • Based in Ontario
  • Say hi to him at https://unlimitedresidential.ca/
  • Best Ever Book: How to Win Friends and Influence People

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1362_-_Adam_Kitchener.mp3
Category:general -- posted at: 12:27pm EDT

As a syndicator and passive investor, it is important to know what to do once you find a deal. Today Joe and Theo explain the first parts of the due diligence process with apartment communities. For passive investors, you’ll want to know what your sponsor has done and see their findings in the due diligence as well as see their business plan for the apartment community. As a syndicator of apartment communities, it is important to not only perform the due diligence, but also be able to effectively communicate what you found to your passive investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“One of the first things you’re gonna do is finalize your income and expense assumptions”

 

Mentioned in this episode:

 

YouTube: 10 Documents Required When Performing Due Diligence on an Apartment Building

 

YouTube:  Costs for the 10 Due Diligence Items for an Apartment Building

 

Podcast:  JF1116: How to Perform Due Diligence on an Apartment Building #FollowAlongFriday

 

Podcast:  JF1130: Costs For The 10 Due Diligence Items For Apartment Buildings #FollowAlongFriday

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1361_-_Follow_Along_Friday.mp3
Category:general -- posted at: 2:26pm EDT

Jason has built multiple companies, most of which were started out a need he had. The focus of this interview is on his company, and our sponsor, Rentler. Rentler allows landlords to perform most or all of the duties you need to do on a daily basis. Not only can you perform credit and background checks, collect rent, list your rentals, and more, Rentler can also help automate a lot of tasks so that you can do less of the things you don’t enjoy doing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“1 in every 3 people in the state of Utah is a registered user on our site” - Jason Bangerter

 

Jason Bangerter Background:

  • Entrepreneur and founder of multiple companies
  • He loves to take the seed of a creative business idea and bring it to fruition.
  • Started Rentler because he noticed that the rental industry served either tenants or landlords, but never both
  • Based in Sandy, UT
  • Say hi to him at http://tryrentler.com/bestever
  • Best Ever Book: The Hard Thing About Hard Things

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor (and guest today):

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1360_-_Jason_Bangerter.mp3
Category:general -- posted at: 9:21am EDT

Michael and his team deal with large development projects and large apartment community owners. Michael, through the company Equicap, specializes in getting creative and financing tough situations that most other lenders will not touch. They also lend in normal situations, and can help almost anyone looking for capital for real estate. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You have to look for hairy deals, that’s the best way that you can find golden opportunities” - Michael Chelala

 

Michael Chelala Real Estate Background:

  • Entrepreneur who loves pursuing a great idea and turning it into a reality
  • Director of Originations for Equicap, a real estate investment banking firm
  • Able to effectively structure financing for complex real estate transactions
  • Based in New York, NY
  • Say hi to him at www.m-equicap.com  
  • Best Ever Book: Like a Virgin by Richard Branson

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

 

Direct download: JF_1359_-_Michael_Chelala.mp3
Category:general -- posted at: 10:45am EDT

Ramon got his start in real estate when he left the corporate world to be an entrepreneur. A large part of his success he can attribute to being able to identify what he is good at and sticking to where he is wanted. After multifamily investing in Miami didn’t work for him, Ramon tried the fix and flip model. Ultimately neither strategy was fulfilling, now he lends money to active investors, and loves it. Hear what he looks for before lending to an investor and why being able to put your ego aside and focus on your strengths is key to being a successful entrepreneur. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“That’s all you can do as a coach, you can’t do the work for them” - Ramon Gonzalez

 

Ramon Gonzalez Real Estate Background:

  • Summitt Home Buyers, Chief Investment Officer
  • Places capital with amazing operators that share the same core values
  • 100% relationship based, looking to form and nurture long term relationships with partners
  • Based in Miami, FL
  • Say hi to him at www.miamimillionairemastermind.com  
  • Best Ever Book: Unique Ability by Dan Sullivan

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1358_-_Ramon_Gonzalez.mp3
Category:general -- posted at: 9:57am EDT

Brent is an investor in Detroit, MI. That’s right, Brent invests in, makes money, and helps other investors make money in Detroit. The trick is finding emerging neighborhoods before they become “hip”. We may focus the conversation on Detroit today, but a lot of these tactics are applicable across the country. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“I’ve seen drawings where they take San Francisco and Boston, put them in Detroit, and there’s still enough space for another city” - Brent Maxwell

 

Brent Maxwell Real Estate Background:

  • Real estate investor whose personal and professional stories align with the recovery of Detroit
  • Has a passion for the “limping” sections of Detroit and helps people buy into a piece of the city’s recovery
  • Based in Detroit, MI
  • Say hi to him at http://www.ipsrealty.com/
  • Best Ever Book: One Thing by Gary Keller

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1357_-_Brent_Maxwell.mp3
Category:general -- posted at: 12:18pm EDT

Nathan is on track to more than double his business this year and can track that growth down to a couple of big things. The first being knowing where the problems are, and addressing them with his team. In order to do that, a lot of smaller steps are involved, including listening to your team. Hear more about what it takes to lead an efficient team everyday in this #SkillSetSunday episode! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“I think it all starts with the problems” - Nathan Brooks

 

Nathan Brooks Real Estate Background:

-Owner of Bridge Turn Key Investments

-Flips about 150 properties a year, providing exceptionally high quality turn key properties

-Recently started their own retail real estate team

-Based in Kansas City, Kansas

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

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1356_-_Nathan_Brooks.mp3
Category:general -- posted at: 11:50am EDT

Anthony read Rich Dad, Poor Dad while in a network marketing company and was hooked on real estate. After more research, he knew he wanted to acquire multifamily properties. In order to learn the business he became an apartment broker and is now purchasing properties with a focus on value-add. Hear what it takes to go from nothing to buying value add multifamily deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“People who own multifamily, they don’t get direct mail” - Anthony Palmiotto

 

Anthony Palmiotto Real Estate Background:

  • Managing partner of Odyssey Real Estate Group
  • Acquires value-add multifamily properties throughout New Jersey and surrounding areas
  • Focuses on repositioning assets through better management and property renovations
  • Based in Tom’s River, New Jersey
  • Say hi to him at odysseyrealestategrp.com
  • Best Ever Book: Rich Dad, Poor Dad



Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

 

Direct download: JF_1355_-_Anthony_Palmiotto.mp3
Category:general -- posted at: 12:19pm EDT

For syndicators and passive investors, today’s episode is packed full content for you! A lot of this episode also applies to other real estate investors, because all of us need to build and maintain credibility. Being able to show alignment of interest when reaching out to potential money partners is HUGE. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The world will tell you you are too young to do something, until one day it tells you you are too old”

 

Mentioned in this episode:

 

Carlos Vaz episode: JF1112: He Attributes Having The Right Mindset & Character to His Success with Carlos Vaz

https://joefairless.com/podcast/jf1112-he-attributes-having-the-right-mindset-character-to-his-success-with-carlos-vaz/

 

How the General Partner Makes Money from an Apartment Syndication:

https://joefairless.com/general-partner-passive-investing-apartment-syndication/

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1354_-_Follow_Along_Friday.mp3
Category:general -- posted at: 11:11am EDT

Thomas has been a commercial broker who specializes in multifamily for years now. One of the first things we dive into is how a newbie investor can win over an apartment broker. From offering to pay for your broker’s time to knowing the market like the back of your hand, and more secrets revealed in this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Make small mistakes” - Thomas T Furlow

 

Thomas “T” Furlow

  • Commercial Real Estate Broker - ‎Deaton Investment Real Estate, Inc.
  • Has a diversified real estate background and has been a multi-family broker for more than 10 years
  • Handles operations and general brokerage duties, working with sellers to market their properties for sale
  • Consults investors on buying decisions
  • Based in Raleigh, North Carolina
  • Say hi to him at https://www.deaton.com
  • Best Ever Book:The Bible and Halftime by Bob Buford

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1353_-_T_Furlow.mp3
Category:general -- posted at: 9:30am EDT

Kenny has an extensive real estate background, and is just now starting to get into development, working on his first build now. Joe and Kenny discuss the politics, funding, and logistics of going from talking about a development to actually doing it. Even if you don’t ever want to do a development, the lessons Kenny has learned in this process that can apply to any real estate investor. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“I think we’ll double our money in about 18 months” - Kenny Wolfe

 

Kenny Wolfe Real Estate Background:

  • Owner of Wolfe Investments, a private equity real estate firm in multifamily, commercial, hard money loans, and property development
  • Been involved with $95M+ worth of transactions, 2,374 multifamily units, & multiple commercial acquisitions
  • Working on our first development property now
  • Based in Plano, Texas
  • Say hi to him at http://wolfe-investments.com/
  • Best Ever Book: Rich Dad, Poor Dad

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1352_-_Kenney_Wolfe.mp3
Category:general -- posted at: 12:29pm EDT

Melanie was lucky enough to have parents who taught her about money, and how to save it. By the time she was 22 she had a “nice nest egg”. Looking for guidance with what to do with her cash, her dad suggested investing in real estate. Starting with single family homes and then moving into commercial real estate and opening her own business in a piece of property she bought. Hear what it takes to improve your quality of life substantially through real estate investing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“I want to do what I want to do and no one is going to tell me no” - Melanie Bajrovic

 

Melanie Bajrovic Real Estate Background:

  • Serial Entrepreneur, Real Estate Investor, International Best Selling Author, Speaker and Educator
  • Became millionaire at the age of 27, is an inspiration for those who have a vision for what they want in life
  • Author of The Wealthy Barmaid: From Minimum Wage to Millionaire
  • Went from being a waitress to owning multiple investment properties   
  • Based in Niagara Falls, Canada
  • Say hi to her at https://www.melaniebajrovic.com/
  • Best Ever Book: 7 Laws of Spiritual Success by Deepak Chopra

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1351_-_Melanie_Bajrovic.mp3
Category:general -- posted at: 4:27pm EDT

Jason was putting up bandit sign in 2009 when a police officer took them all down  and tracked them down. Jason did give up briefly at that time, but came back better because of that happening. Now Jason is a full time wholesaler with a ton of buyers on his list, and he makes $15-$20k per deal. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Don’t give up, I wish I didn’t give up in 2009, I’d be a lot farther along” - Jason McDougal

 

Jason McDougal Real Estate Background:

  • Full-time real estate investor
  • Quit his job in January 2016 to go full time in real estate, with a focus on wholesaling
  • He has done about 30 - 40 deals a year since he went full time
  • Along with wholesaling he also flips houses, as wells acquires single family houses for rentals.
  • Based in Dallas, Texas
  • Say hi to him at https://www.sellmydfwhouse.com
  • Best Ever Book: Rich Dad, Poor Dad

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1350_-_Jason_McDougal.mp3
Category:general -- posted at: 9:21am EDT

Ricky has been a guest before and shared his Best Ever real estate advice and told us about his real estate business. Today Ricky is back to tell us about his social media division of his company. From tactical strategies to overall benefits of using social media, hear how a bigger presence on social media can help your real estate business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“They want to be featured on our account and that has been incredibly valuable for us” - Ricky Beliveau

 

Ricky Beliveau Real Estate Background:

-Owner of Volnay Capital

-Social media division Volnay Social Media has over 500,000 Instagram followers on 3 accounts

-Specializes in both buy and hold as well as condo conversions

-Currently have 8 development development projects in different stages in/around Boston

-Based in Boston, Massachusetts

-Say hi to him at www.VolnayCapital.com  

-Best Ever Book:

-Listen to his Best Ever Advice here: https://joefairless.com/podcast/jf1001-a-hidden-wealthy-niche-that-involves-a-fine-tuned-team/

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1349_-_Ricky_Beliveau.mp3
Category:general -- posted at: 4:11pm EDT

Jesse and Janine started a REIT in NYC to help everyone be able to invest in real estate, even as little as $100. Unlike most opportunities for investors, Compound allows everyone to invest in Manhattan real estate, not just accredited investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Prices have gone up in every neighborhood, but the returns have varied” - Jesse Stein & Janine Yorio

 

Janine Yorio and Jessie Stein Real Estate Backgrounds:

  • Real estate investors who created Compound, a Manhattan based REIT for everyone
  • Based in NYC, NY
  • Say hi to them at https://www.compoundny.com/
  • Best Ever Book: Fountainhead and Gone with the Wind

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1348_-_Janine_Yorio_and_Jessie_Stein.mp3
Category:general -- posted at: 11:18am EDT

The guys are back with another great topic. Hear why Joe doesn’t think cap rates are the best area to focus on with large apartment communities. We also get updates on their investing and how what they have learned in the past week can apply and help our businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The focus should be on the team, the execution, the business plan”

 

Mentioned In This Episode:

Joe’s interview with Brian Burke: https://joefairless.com/podcast/jf305-why-you-should-look-at-the-numbers-last-when-evaluating-a-deal/

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1347_-_Follow_Along_Friday.mp3
Category:general -- posted at: 12:20pm EDT

Michelle is the owner and broker of Acorn + Oak Property Management. Her and her team have over 1000 units under management, and still growing. They take a customer service approach to their company, and that really sets them apart from other companies. They even have tenants that wait for a unit to open up, just so they can rent from Acorn + Oak. Hear different tips and advice that you can use to set yourself apart from your competition. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“We always have the owner’s bottom line in mind” - Michelle Ketchum

 

Michelle Ketchum Real Estate Background:

  • Owner/Broker in Charge of Acorn + Oak Property Management and managing partner of Acorn + Oak Triad.
  • Have been an active property manager and Realtor since 2009
  • Active in property managements throughout North Carolina and is leading Broker in the area
  • Based in Durham, North Carolina
  • Say hi to her at www.acorn-oak.com
  • Best Ever Book: The Four Hour Work Week by Tim Ferriss

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1346_-_Michelle_Ketchum.mp3
Category:general -- posted at: 9:43am EDT

Michael caught the real estate bug by reading books and saving money until he had enough to start investing. He worked his way up to 31 units in just 9 months. Hear the systems and people that it takes to scale that quickly, especially when starting from scratch. We’ll also hear about some of the roadblocks and obstacles that Michael had to figure out ways to get over. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“When I set up the company I told them I wanted final say” - Michael Beeman

 

Michael Beeman Real Estate Background:

  • Started studying real estate in 2016 by listening to podcasts, reading 20 books, and saved 12k
  • 31 multi-family units in 9 months
  • Started an LLC, found 2 investors that believed in him, they purchased 1/2 of his new business
  • Began multi-family investing on May 15, 2017
  • Based in Casey, Illinois
  • Say hi to him at bestevercommunity.com or 317.508.8185
  • Best Ever Book: Best Real Estate Investing Advice Ever

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1345_-_Michael_Beeman.mp3
Category:general -- posted at: 9:20am EDT

Ray is the founder of RealtyShares which is one of the industry’s top platforms for real estate investing. He also co-founded AlphaFlow, which is his current focus and most of the conversation today is focused on AlphaFlow. One unique aspect of AlphaFlow, along with having investments for you, they are one of the very few, if not the only investment platform that is also certified to give you financial advice. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“We’ve expanded that further and offer massive diversification” - Ray Sturm

 

Ray Sturm Real Estate Background:

- Co-founder and CEO of AlphaFlow

- Prior to launching AlphaFlow, he founded RealtyShares, one of the industry’s top platforms for real estate investing

- First and fastest-growing automated real estate investment service

- Applies best practices of professional investment management like diversification, rebalancing, institutional-quality

 data analytics

- Based in San Francisco, California

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

- Best Ever Book: The Hard Thing About Hard Things

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1344_Ray_Sturm.mp3
Category:general -- posted at: 11:09am EDT

Yonah is a cost segregation expert. Loyal Best Ever Listeners have heard about cost segregation on the show before, so today we are diving in deeper. We’re going past the basic nuts & bolts of cost segregation and into the nitty gritty details that we have not covered on the show before, including how the new tax code relates to cost segregation. You’ll be quite surprised at how many different parts of a building can qualify for accelerated depreciation. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You have to hang around people who have been doing it and learn from people who have experience” - Yonah Weiss

 

Yonah Weiss Real Estate Background:

-Business Director at a national cost segregation leader, Madison SPECS

-Has assisted clients in saving tens of millions of dollars on taxes through cost segregation

-Generated over 70M in loans in his first year of work at a small financing company.

-Got his broker’s license and went from agent to partner within 6 months

-Based in Lakewood, New Jersey

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

- Best Ever Book: As Long As I Live

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1343_Yonah_Weiss.mp3
Category:general -- posted at: 9:25am EDT

Jorge owned over 4000 apartment units before losing it all. He wrote about that experience in his book, Burn Zones. Now Jorge helps people stay in their homes when they can’t afford their mortgages anymore through loan modifications. Jorge also helps other investors do the same thing as him. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“We can cut payments in half because we buy theses at such a discount” - Jorge Newbery

 

Jorge Newbery Real Estate Background:

- Founder of American Homeowner Preservation LLC

- AHP utilizes Regulation A+ to crowdfund the purchase of non-performing mortgages from lenders at big discounts

- Author of Forbes Real Estate Council and amazon best-selling book Burn Zones

- Principal in mortgage, property management brokerage firms and have held real estate licenses in nine states

- Based in Chicago, Illinois

- Say hi to him at: www.notebuyerbootcamp.com

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1342_Jorge_Newbery.mp3
Category:general -- posted at: 11:12am EDT

Heather is the Director of funding at Secured Investment Corp. She has helped many investors secure revolving lines of credit, and has over 15 years of experience. She also invests in real estate herself and has a lot of tips for how you can get better rates on your lending. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“What is the history of this person, have they done this before?” - Heather Dreves

 

Heather Dreves Background:

-Manages Funding with Secured Investment Corp and provides private lenders and real estate investors

-she manages the loan-processing administration and originated $8 million in revolving lines of credit for hard-money

-provides private lenders and investors the ability to connect and build powerful and profitable strategic alliance  

-Based in Coeur D Alene, Idaho

-Say her to him at www.securedinvestmentcorp.com

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1341_Heather_Dreves.mp3
Category:general -- posted at: 6:15am EDT

Joe and Theo are back with weekly updates, what they learned, and how the lessons learned can apply to us. We also have a listener question asking about jumping straight into large multifamily. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The core of what sets us up for success as investors and that is improving ourselves on an ongoing basis”

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1340_-_Follow_Along_Friday.mp3
Category:general -- posted at: 8:47am EDT

Sarah is a canadian investor who has built up a portfolio of single family rentals. By using the BRRRR method, she has been able to grow quickly, in fact she has created $100k in equity in one of her properties in just 1 year! Sarah has been able to use that equity to re-invest and get more properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Don’t make excuses, take action” - Sarah Larbi

 

Sarah Larbi Real Estate Background:

-The Millennial Real Estate Investor, Speaker, Mentor

- By her early 30’s she has seven home portfolio

- Featured in The Toronto Star, 1010 News Talk Radio, and Canadian Real Estate Wealth Magazine

- Host of the “Where Should I Invest?” Podcast

- Inspires young professionals to be property owners and plan for retirement by 50

- Based in Toronto, Canada

- Say hi to her at www.sarahlarbi.com

- Best Ever Book: Secrets of the Canadian Cycle

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1339_-_Sarah_Larbi.mp3
Category:general -- posted at: 9:43am EDT

Brian was a medical student in college before realizing that was the wrong career path for him. He would skip class and go to to bookstores, it was there he came across Rich Dad Poor Dad. After reading that book, like many of us Brian had the real estate bug. Years later, he’s a published author, public speaker, and real estate investor with his own portfolio as well as managing properties for other investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You want to be able to calculate the renovation cost in your head” - Brian Persaud

 

Brian Persaud Real Estate Background:

-Broker and Owner of Brian Persaud Real Estate Team

- He’s covered over 70 real estate topics on his highly acclaimed television show, “Inside Toronto Real Estate.”  

- Continues to share his real estate expertise on shows including HGTV’s “Income Property.”

- Wrote the book on Toronto real estate, a best-seller on Amazon

- Managing single family residential homes to multi-unit apartment buildings, to hi-rise and subdivision development

- Based in Toronto, Ontario

- Say hi to him at https://www.brianpersaud.ca/

- Best Ever Book: Extreme Ownership

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1338_-_Brian_Persaud.mp3
Category:general -- posted at: 10:24am EDT

As the Chief Product & Marketing Officer at the popular real estate publication, Inman, Matthew knows a thing or two about how to brand properly. From drawing people in to keeping them engaged, we’ll hear amazing marketing tips from one of the best in the biz. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Be really good at saying no to stuff, your time is your most valuable commodity” - Matthew Shadbolt

 

Matthew Shadbolt Real Estate Background:

  • Inman's Chief Product & Marketing Officer
  • Oversees all growth, user experience, product, off-platform, brand development and marketing initiatives
  • long-time supporter of Inman's journalism and events, Matthew works closely with the editorial team to shape and enhance the reader experience
  • Based in NYC, NY
  • Say hi to him at https://twitter.com/matthewshadbolt
  • Best Ever Book: Ready Player One by Ernest Cline

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!  

Direct download: JF_1337_-_Matthew_Shadbot.mp3
Category:general -- posted at: 1:06pm EDT

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