Best Real Estate Investing Advice Ever

Corey saw real estate success early in life, not his own, but his step dad at the time was wildly successful, and it was from real estate. After that, Corey read Rich Dad Poor Dad and started his own real estate journey. He was doing well, a lot of people saw him as having massive success. But one day, he realized he was too consumed with work, missed his son’s game, and realized this was not his idea of success. Now hear how he balances real estate success AND family success. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I used to say I wish I could own an apartment building, but on that day I said, how can I own an apartment building” - Corey Peterson

Corey Peterson Real Estate Background:

  • Owner of Kahuna Investments, an apartment investing company
  • Has managed and acquired over $95 million in real estate
  • Host of the Multi-Family Legacy Podcast
  • Based in Phoenix, AZ
  • Say hi to him at https://kahunainvestments.com/
  • Best Ever Book: The Richest Man In Babylon

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Direct download: JF_1631_Corey_Peterson.mp3
Category:general -- posted at: 9:23am EST

Raising enough money to complete the large deals that John and his company do takes a lot of trial and error, and on the job learning. Figuring out what works and what doesn’t work when raising money can be a painful process, so can scaling a real estate business. Lucky for you, John shares his experience and knowledge on the show for free, so you can learn from his mistakes and successes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Always be an integrity based business, do what you say you’re going to do, and be transparent” - John Rubino

John Rubino Real Estate Background:

  • COO/Founder of JID Investments
  • Among many responsibilities, John raises private capital for projects, resulting in investment of $16.6M+ with revenue of $8.9M+
  • Based in Washington D.C.
  • Say hi to him at https://www.jidinvestments.com/
  • Best Ever Book: How To Win Friends And Influence People

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Direct download: JF_1630_John_Rubino.mp3
Category:general -- posted at: 9:36am EST

Today we’re welcoming back James to share some passive investing knowledge with us. He recently wrote a book on the subject, and has spent a lot of his real estate investing career dealing with passive investors himself. If you are a passive investor, you’ll want to tune in and hear how to vet sponsors, deals, and other aspects to evaluate before handing over your hard earned cash. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Different asset classes have different timing requirements” - James Kandasamy

James Kandasamy Real Estate Background:

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Direct download: JF_1629_James_Kandasamy.mp3
Category:general -- posted at: 10:27am EST

Brent is back to share more great knowledge with us (see his first episode below). He is an investor in Detroit, focusing on the revitalization of the city. Brent excels at finding the areas of Detroit that are just beginning to turn around, and start buying before other investors catch on. How does he do it? Find out by hitting play. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“When you see young couple with kids and dogs in the area, and look completely out of place, you know there is something going on in that area” - 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
  • Best Ever Book: The One Thing by Gary Keller

 

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Direct download: JF_1628_Brent_Maxwell.mp3
Category:general -- posted at: 9:39am EST

For this week’s Follow Along Friday, Joe and Theo are answering another list of questions from a listener. This conversation can resonate with every level of investor because some of the tips and advice they offer are things we should always be working on, even if we consider ourselves real estate professionals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You have three paths to obtain the property, earn the money, partner with someone with money, or owner financing”

Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners.

Direct download: JF_1627_Follow_Along_Friday.mp3
Category:general -- posted at: 9:48am EST

Part 6: Two more deal finding case studies

Yesterday Theo talked to us and walked us through an example of cold texting to find an apartment syndication deal. Today, we get two more case studies of deal finding. One case study is from Joe on how he was able to secure a couple of deals over every other investor fighting for one of them. The other case study is with a previous guest, Daniel Ameduri on how he eliminates his competition in the market. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Free document for this episode:

http://bit.ly/freedoc9

Daniels episode explaining his strategy:

https://joefairless.com/podcast/jf1106-how-to-find-owner-financing-deals-with-daniel-amedu

Best Ever Tweet:

“If you have someone who wants to downgrade to a 1 BR, you can send them to your property across the street”

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Direct download: JF_1626_-_SS_38_-_Series_14_-_Part_6.mp3
Category:general -- posted at: 8:39am EST

Part 5: Cold Texting

Welcome back to syndication school! This week, Theo is wrapping up the series on “how to find your first apartment community”. Today he’ll be covering cold texting owners of apartment buildings and communities. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“To find owners who are motivated to sell, you have a few options”

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Direct download: JF_1625_-_SS_37_-_Series_14_-_Part_5.mp3
Category:general -- posted at: 10:01am EST

Growing up, Pete watched his Grandma own a lot of real estate and seemingly do whatever she wanted to do. He set goals to be the same way when he grew up. As life so often does, Pete was thrown some curveballs. He found himself homeless, joined the Navy, and then started working on a fund and platform that allowed anyone to invest in real estate and reap the benefits. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“95% of seniors saw a 50% reduction in pain from using cannabis” - Pete Asmus

Pete Asmus Real Estate Background:

  • High performance real estate investor with a passion for creating smart investment opportunities for anyone, no matter their financial status.
  • Raised over $10 Million last year for high end flips and small business start ups
  • Based in Los Angeles, CA
  • Say hi to him at pete@peteasmus.com
  • Best Ever Book: The One Thing

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Direct download: JF_1624_Pete_Asmus.mp3
Category:general -- posted at: 9:36am EST

This episode takes a little bit of a dive into the mindset and habits that are needed to take one’s self from a place you’re not happy with, to thriving both personally and professionally. We also hear about how to build large businesses and even open our own banks. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Focus on the value, not the price” - Angelo Christian

Angelo Christian Real Estate Background:

  • CEO of Christian Financial
  • 15 years of experience in the real estate industry
  • Went from poor and living in his car to a self made millionaire
  • Nationwide lender, one of the top leaders in Houston
  • Based in Houston, TX
  • Say hi to him at www.officialangelochristian.com
  • Best Ever Book: Dream Big

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Direct download: JF_1623_Angelo_Christian.mp3
Category:general -- posted at: 9:33am EST

Aaron has been on before, this time he’s talking about how he is setting up his children to succeed after he is gone. This is important for obvious reasons, and some less obvious reasons. Hear why Aaron is doing this, and how he is able to do it for himself, and help others do the same. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“They want to leave a legacy for their kids, but by the time the grandson takes over, it gets destroyed” - Aaron Chapman

Aaron Chapman Real Estate Background:

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

 

Direct download: JF_1622_Aaron_Chapman.mp3
Category:general -- posted at: 12:52pm EST

Paul had everything most newer real estate investors want; a large business with a lot of units and employees. He began to want something else however, cashed out and took up modeling in Asia! Now he and his family are back in the States and building another real estate business, hear why this time is better than the first. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“No deal will go through perfectly and you have to plan on that” - Paul Nagaoka

Paul Nagaoka Real Estate Background:

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Direct download: JF_1621_Paul_Nagaoka.mp3
Category:general -- posted at: 12:30pm EST

Social media. It consumes a lot of people at all times of the day. Today, Joe and Theo are answering a question sent in from a listener asking about social media and it’s importance for real estate investors, especially just starting out in apartment syndications. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“At this point in time in our culture, you’re not allowed to be closed off”

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Direct download: JF_1620_-_Follow_Along_Friday.mp3
Category:general -- posted at: 9:35am EST

Part 4: 9 More Ways to Find Off-Market Deals

Don’t need much description and intro here. We’re continuing last episode’s focus on finding off market deals. Let’s get to it! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you build a relationship with them, they might know and tell you who is looking to sell soon”


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Direct download: JF_1619_SS_36_-_Series_14_-_Part_2.mp3
Category:general -- posted at: 9:04am EST

Part 3: The Main Way To Find Off-Market Apartment Deals

Last week Theo began discussing how to find properties for you to syndicate. We heard about on market properties, now it’s time to start talking about off market properties. When it comes to syndicating large apartment communities, you will not be alone in your hunt for deals. Having a few different sources and avenues to explore can only help your business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“A lot of people who do direct mail campaigns will use online tools to build a list”

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Direct download: JF_1618_SS_35_-_Series_14_-_Part_3.mp3
Category:general -- posted at: 9:17am EST

From no job and submitting endless amounts of job applications to entrepreneur and financial independence, all in just 6 years time. Grant got his start by getting certified with Google Ad Words and hit the ground running, getting into real estate investing along the way. Hear how he was able to work his way up to a $500k income per year in a fairly short amount of time. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I quickly learned what was most important to y buyers was to look good for their boss” - Grant Sabatier

Grant Sabatier Real Estate Background:

  • Creator of Millennial Money and host of multiple finance podcasts
  • Writes about personal finance, investing, entrepreneurship, and mindfulness and has been featured in over 200 media outlets
  • Based in New York City, NY
  • Say hi to him at https://millennialmoney.com/
  • Best Ever Book: Art of Living

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Direct download: JF_1617_Grant_Sabatier.mp3
Category:general -- posted at: 9:26am EST

Diego came to the United States as an immigrant with his parent when he was nine years old. He is a DACA recipient and is successfully working full time while building his real estate business. From his first house hack, to strictly investment properties, and even some AirBnb’s, Diego has a vast range of real estate knowledge to share with us today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Invest for cash flow, not hoping for appreciation” - Diego Corzo

Diego Corzo Real Estate Background:

  • 28 year old DACA recipient
  • Bought first house at 23, started house hacking, now owns 18 doors
  • Based in Austin, TX
  • Say hi to him at http://diegocorzo.com/
  • Best Ever Book: Dot Com Secrets

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Direct download: JF_1616_Diego_Corzo.mp3
Category:general -- posted at: 9:34am EST

Steven is a returning guest who has built an incredible development business. One of his strategies is to build four unit buildings, rather than single family homes or large apartment buildings. He has been doing that for years and has a very large portfolio because of it. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Our goal is to be 1% cap rate higher than the market” - Steven Bond

Steven Bond Real Estate Background:

  • Co-founder of Fourplex Investment Group (FIG)
  • FIG has sold over $400M in 6 years in and they have a turn-key multifamily investment vehicle for investors nationally and internationally
  • Hosting The Intermountain Real Estate Investment Summit in February 2019
  • Listen to his previous episode: JF485: BYU Dropout Began During the RECESSION and WON!
  • Based in Provo, UT
  • Say hi to him at http://www.fig.us/

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Direct download: JF_1615_Steven_Bond.mp3
Category:general -- posted at: 10:53am EST

Alex has a very specific way of investing, and he’s here today to tell us about it. He has seen a lot of success so far, and has also helped others do the same. Hear about his strategy in today’s episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I haven’t even been to most of the properties” - Alex Felice

Alex Felice Real Estate Background:

  • Invests in long distance single-family real estate
  • Commercial banker in Las Vegas
  • Owns 7 houses currently and is known for doing complete rehabs in just 8 weeks
  • Based in Las Vegas, NV
  • Say hi to him at https://www.brokeisachoice.com/
  • Best Ever Book: Sapiens

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Direct download: JF_1614_Alex_Felice.mp3
Category:general -- posted at: 2:19pm EST

Joe received an email with a lot of apartment syndication questions recently. He decided to make an entire episode answering the questions. The questions Joe will be answering are:

I was curious about syndication deal structure. I'm curious what types of deal structures are typical as far as preferred return vs equity split?

For instance, if you offer a 6% preferred return, what kind of equity split is reasonable? How does that split change if you move to an 8% preferred return?

Also, length of investment. What's your experience with how fast investors are generally looking to get their money back? 3-5 years? 10 years?

Lastly, refinancing. Does Ashcroft capital keep investors in the deal after refinancing and paying back initial capital? If so, does the equity split change at that point?

Best Ever Tweet:

“I want them to have significant upside for performing well on the deal”

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Direct download: JF_1613_Follow_Along_Friday.mp3
Category:general -- posted at: 9:18am EST

Part 2: How to Find Apartment Deals From Real Estate Brokers

A very obvious way to find deals: get a broker to bring you on market deals. That being said, it can be a lot easier said than done to earn a good broker’s trust. Theo has covered that in detail before, and will summarize on this episode. Then he’ll discuss how to get on their list for deals, because unlike residential shopping, there is no centralized MLS for large apartment deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If it’s a smaller brokerage, you should be able to contact the owner”

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Direct download: JF_1612_SS_34_Series_14_Part_2.mp3
Category:general -- posted at: 11:40am EST

We’ve covered a lot of the apartment syndication process so far. Now it’s time to start talking about actually searching for and finding that elusive first deal. We’ve talked due diligence, financing, raising money, and how to structure the GP & LP compensation. This episode will be covering the details of on market vs. off market deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Now you’re ready to find your first deal”

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Direct download: JF_1611_SS_33_Series_14_Part_1.mp3
Category:general -- posted at: 9:24am EST

 

If you’re in a job that maybe you don’t love, Darrin was there too. Luckily, he came across the book Rich Dad Poor Dad and like so many of us, was turned on to real estate investing. He’ll walk us through his current strategies and how he got to where he is today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I want to make it as easy as possible to invest with as little risk as possible” - Darin Garman

Darin Garman Real Estate Background:

  • Investing in real estate for over 25 years
  • Has been responsible for over $800,000,000 in apartment and investment property acquisitions
  • Has raised over $70,000,000 in funds for different apartment investment properties
  • Based in Marion, IA
  • Say hi to him at http://www.heartlandinvestmentpartners.com/

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Direct download: JF_1610_Darin_Garmin.mp3
Category:general -- posted at: 9:52am EST

Many entrepreneurs have the issue of writing big fat checks to Uncle Sam every year for income taxes. Dan was in that situation and knew that investing in real estate could help him keep some of his money, and make it earn more money too. We’ll hear more details on the overall benefits of real estate investing, we also get to hear a case study on a 130 unit property that Dan just recently closed on. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You have to go back to your underwriting, run the numbers and see what works” - Dan Handford

Dan Handford Real Estate Background:

  • Dan Handford is the founder and current president of five specialty medical clinics located throughout South Carolina
  • He has investments in over $125,300,000 worth of real estate and currently has 1,353 apartment units in his portfolio located across the United States
  • He is the founder of the Multifamily Investor Nation with 34 groups and 2,300+ members across the World
  • He is also the co-host, along with his wife, of the daily podcast called Tough Decisions for Entrepreneurs
  • Based in Columbia, SC
  • Say hi to him at www.toughdecisions.net and www.handfordcapital.com
  • Best Ever Book: The 10X Rule by Grant Cardone

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Direct download: JF_1609_Dan_Handford.mp3
Category:general -- posted at: 9:59am EST

You know the name by now, he’s an in demand speaker and a best selling author. J is back to add more value to our lives, as always, this time having a discussion on the state of the market, and how to survive regardless of which part of the market cycle we are in. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“A lot of these things, house flippers should be doing” - J Scott

J Scott Real Estate Background:

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Direct download: JF_1608_J._Scott.mp3
Category:general -- posted at: 10:55am EST

Even if you currently have more leads than you can handle, at some point they may slow down, or you continue to scale and need more and more leads. Either way, having more ways to bring in leads can only benefit your business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It can take 6 months to a year to turn those leads into money” - Tommy Mello

Thomas Mello Real Estate Background:

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Direct download: JF_1607_Thomas_Mello.mp3
Category:general -- posted at: 10:48am EST

For today’s Follow Along Friday, Joe is sharing his biggest lessons learned from doing his podcast interviews last week. From shelf corporations to learning about underground storage tanks and the problems they can cause. We’ll also receive the usual business updates that we as investors can learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Everyone has something you can teach others, it’s your responsibility to figure out what that is”

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Direct download: JF_1606_Follow_Along_Friday.mp3
Category:general -- posted at: 9:10am EST

Now you’ve found some deals, time to underwrite! This is a very crucial part of the apartment syndication business, as good/bad underwriting can make or break a deal. Listen to Theo and Joe’s best underwriting tips to get you started on the crucial part of apartment syndications. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Based off of your expertise, input information on how you plan to operate the property”

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Direct download: JF_1605_SS_32_-_Series_13_-_Part_2.mp3
Category:general -- posted at: 10:10am EST

When it’s almost time to search for a deal, it’s important to have your criteria set for what kind of property you are searching for. But how exactly do you figure that out? Well tune into this episode where Theo walks us through exactly that! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’ll save yourself a ton of time by having your criteria set before you look for properties”

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Direct download: JF_1604_SS_31_-_Series_13_-_Part_1.mp3
Category:general -- posted at: 9:15am EST

With over two decades of real estate investing experience, and even more experience in construction and business building, Greg has a lot to share with us. Just the businesses he has built and/or helped other build and the knowledge he has gained from that, can be invaluable for us to soak in regardless of what level our real estate businesses are at. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Pick a niche and grow it” - Greg Dickerson

Greg Dickerson Real Estate Background:

  • Entrepreneur, real estate investor, and developer
  • Over the past 20 years he has bought, developed and sold over $200 million in real estate
  • Started 12 different companies from the ground up
  • Say hi to him at https://gregdickerson.com/
  • Based in Charlottesville, VA
  • Best Ever Book: Principles by Ray Dalio

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Direct download: JF_1603_Greg_Dickerson.mp3
Category:general -- posted at: 10:01am EST

Mike became an accidental landlord around the 2008 crash. He actually enjoyed the business and decided to take it up full time. Now he has multiple strategies in real estate investing, with each separate company having a different leader. Hear how he was able to scale to having multiple successful businesses after accidentally stepping into this career. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Find a core business that you love and are good at, learn and grow, and maximize that business” - Mike Jordan

Michael Jordan Real Estate Background:

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Direct download: JF_1602_Mike_Jordan.mp3
Category:general -- posted at: 12:50pm EST

One way to make money in this business is by identifying an emerging market and get in early before everyone else. But how can we find those emerging markets before everyone else? Well Jerry has some ideas and tips for how anyone can do just that. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“A person can find trends, but it’s easier for an AI to do it” - Jerry chu

Jerry Chu Real Estate Background:

  • Developed multiple trading platforms
  • Founder and creator of Lofty, which uses artificial intelligence to identify neighborhood growth
  • Based in LA, CA
  • Say hi to him at https://lofty.ai/

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Direct download: JF_1601_Jerry_Chu.mp3
Category:general -- posted at: 11:16am EST

Holly and Joe are long time friends, going back to Joe’s advertising days when they were co-workers. She invested in one of his first deals and never looked back. She discovered a tremendous way to invest her money and not only keep more of it, but also create more of it for herself. Today she’s a full time investor and entrepreneur focused on helping others find these opportunities to keep and create more money. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I made a $65k gain with my mutual funds, and owed $30k in taxes” - Holly Williams

Holly Williams Real Estate Background:

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Direct download: JF_1600_Holly_Williams.mp3
Category:general -- posted at: 9:22am EST

We know by now how beneficial BiggerPockets can be for our real estate investing business. Theo is often a top contributor in BiggerPockets and is telling us how he does it. We’ll also touch on why it is important to hit the top contributor status. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’re essentially getting a free ad on BiggerPockets”

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Direct download: JF_1599_Follow_Along_Friday.mp3
Category:general -- posted at: 9:18am EST

One slightly important part your apartment syndication career is how you will be getting paid, as well as how you will be paying your investors. Today Theo will cover how to pay the Limited Partners in your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“There are going to be two types of passive investors, debt investors and equity investors”

Free document for this episode:

http://bit.ly/LPstructure

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Direct download: JF_1598_SS_30_-_Series_12_-_Part_2.mp3
Category:general -- posted at: 9:12am EST

One slightly important part your apartment syndication career is how you will be getting paid, as well as how you will be paying your investors. Today Theo will cover how to pay the General Partners in your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You can put some costs up yourself if you can afford it, or split it with your partner, you’ll be reimbursed later”

Free document for this episode:

http://bit.ly/LPstructure

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1597_SS_29_-_Series_12_-_Part_1.mp3
Category:general -- posted at: 9:21am EST

Zeona got her start with real estate investing in 2012 with one AirBnB property. She never looked back, purchased more short term rental properties, and even started a management company where she manages other investors short term rentals all around the world. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“They can be managed from anywhere and just takes a really small team” - Zeona McIntyre on Short Term Rentals

Zeona McIntyre Real Estate Background:

  • Travels the world for half of each year using and teaching a variety of tactics for others to do the same
  • She owns six Airbnb’s and manages 15 properties and teaches others how to invest and set up automates Airbnb business’s
  • Based in Boulder, CO
  • Say hi to her at https://www.zeonamcintyre.com/
  • Best Ever Book: Never Split the Difference

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1596_Zeona_Mcintyre.mp3
Category:general -- posted at: 9:34am EST

If you’re in the market for property, as most real estate investors are, it’s nice to know things to look for that could save you money on insurance ahead of time. This becomes more true and relevant the larger the property you’re looking at. From age and geography, to construction and wiring, we’ll be covering a bit of everything as it pertains to how insurance companies look at your properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Most carriers do not cover aluminum wiring” - Bryan Shimeall

Bryan Shimeall Real Estate Background:

  • Former real estate builder/developer
  • 2008 & 1st child forced a career change into commercial insurance
  • Joined MRA (Multifamily Risk Advisors) 5 years ago and they insure about 200k units across the country
  • Based in Gainesville, FL
  • Say hi to him at https://multifamilyra.com/
  • Best Ever Book: American Buffalo

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1595_Bryan_Shimeall.mp3
Category:general -- posted at: 9:09am EST

Paul is back with us today to tell us about his pivot into self storage from multifamily. For anyone who wants to get into self storage but don’t have any knowledge this is a great intro to the major points on self storage vs. multifamily. If you do have some knowledge on the subject, it’s never bad to learn more! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“In places like Florida they use more storage” - Paul Moore

Paul Moore Real Estate Background:

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1594_Paul_Moore.mp3
Category:general -- posted at: 10:00am EST

In this episode we briefly discuss Opportunity Zones; what they are, how you can invest and how big this one-time tax deferral program really is. Similar to a 1031 exchange but with more leniency and better tax advantages, Matt Ryan has been tracking this piece of legislation before it was written into law. Listen to how he'll take advantage of this and find out ways you can implement Opportunity Zones investments into any real estate strategy. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It’s similar to a 1031 but it’s better than a 1031 exchange” - Matthew Ryan

Matthew Ryan Real Estate Background:

  • A social entrepreneur, founder of Re-viv, which addresses the market inefficiencies in community revitalization efforts
  • Focused on the multifamily value-add and development space in distressed areas
  • Based in San Francisco, CA
  • Say hi to him at https://re-viv.com/
  • Best Ever Book: Discipline Equals Freedom

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1593_Matthew_Ryan.mp3
Category:general -- posted at: 9:49am EST

Joe and Theo are back for another episode of Follow-Along Friday to discuss a few fascinating economic metrics and what they mean for apartment investors if/when the next economic correction occurs. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We don’t want to push ourselves and do a bad deal just to do a deal” - Theo

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

 

Direct download: JF_1592_Follow_Along_Friday.mp3
Category:general -- posted at: 9:29am EST

Yesterday Theo discussed 15 of 49 common questions you’ll get from your passive investors, and how to address them. Today, Theo will go over the remaining 34 common questions that you will get from investors. All of these questions are available in the document below. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We invest in apartments because there is a decrease in homeownership, there is a decreasing apartment vacancy rate, and an overall increase in population

Free documents for this episode:

http://bit.ly/2VdxYmn - Money Raising Tracker

http://bit.ly/commoninvestorquestions - 49 Common Questions

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1591_SS_28_-_Series_11_-_Part_8.mp3
Category:general -- posted at: 9:08am EST

Now that we’re actually talking to investors, we’ll be answering a lot of questions. You’ll really want to know some common questions that come up, and how to answer them. That’s what Theo will be going over today in this episode of Syndication School. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Passive investors invest based off of who they trust"

Free documents for this episode:

http://bit.ly/2VdxYmn - Money Raising Tracker

http://bit.ly/commoninvestorquestions - Common Questions

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1590_SS_27_-_Series_11_-_Part_7.mp3
Category:general -- posted at: 9:10am EST

Chao is with us today to talk about how investors can search properties, make offers, and purchase real estate directly on the blockchain. She created a company to help investors and agents do this after she saw the need for a product like this in the marketplace. Hear how her technology can help your investing and/or the businesses of your real estate investor clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“When people submit offers through the website they become the buyers agent so they can find more deals on the website” - Chao Cheng-Shorland

Chao Cheng-Shorland Real Estate Background:

  • Co-founder and CEO of ShelterZoom Corp
  • They are the first real estate technology company to deliver a blockchain based real estate offer and acceptance platform to the mass market
  • Based in NYC
  • Say hi to her at https://www.shelterzoom.com/

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1589_Chao_Cheng_Shorland.mp3
Category:general -- posted at: 9:39am EST

JC got his start as a part time investor, working hard to get to a point of leaving his job as a mechanical engineer. Now a full time investor, JC is a value add apartment investor. He also has a passion for technology and says that has helped him grow his business. Hear how he was able to quit his job and be a full time investor, and what he’s doing now to continue the growth. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We spend a lot more money on the leasing office and community center than most people” - JC Castillo

JC Castillo Real Estate Background:

  • Founder and managing principal of the Multifamily Property Group (MPG)
  • They have been investing in large multifamily for 12 years
  • Based in San Jose, CA
  • Say hi to him at https://www.multifamgroup.com/
  • Best Ever Book: The One Thing

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1588_JC_Castillo.mp3
Category:general -- posted at: 9:44am EST

Today we welcome back Greg Rand who has told us about investment markets before on the show (link to that episode is below). Now he is the CEO of a platform that has an abundance of deals for single family investors. At the time of recording, they had $200 million in assets for sale on their website. Hear how they find all these deals and take notes to use for you own deal searching, or buy something from their site. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The country is in demand and the population is growing” - Greg Rand

Greg Rand Real Estate Background:

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1587_Greg_Rand.mp3
Category:general -- posted at: 9:13am EST

As a Podio expert, Jordan is constantly working with investors and property managers to help them scale their businesses. He specializes in helping others automate some aspects of their business so they can concentrate on the activities that are most important to their business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Guys who are at the top take the emotion out of decision making” - Jordan Fleming

Jordan Fleming Real Estate Background:

  • CEO of Gamechangers, one of the top Podio partners in the world
  • Builds systems for investors to help investors automate tasks, tack data and KPI’s, and accelerate sales
  • Over 50 investors are using their SmrtPhone phone system for Podio (https://www.smrtphone.io/)
  • Say hi to him at http://wearegamechangers.com/en/main/

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1586_Jordan_Fleming.mp3
Category:general -- posted at: 9:07am EST

Happy New Year! Joe and Theo are back for the first Follow-Along Friday of 2019 to talk about how they approach setting goals.We’ll hear three strategies to make your real estate business better in 2019 than it was in 2018. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

What are other people doing who are achieving success that I can do better?

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1585_Follow_Along_Friday.mp3
Category:general -- posted at: 7:56am EST

Jack traveled to the US to finish school for a year and go back home. That plan fell through however as he met his future wife and started investing in real estate. Starting with raw land, trying wholesaling, tax liens/tax deeds, eventually moving into commercial and multifamily properties. Hear how he grew from nothing to a very successful investor and apply the lessons to your own business! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Let’s not even look at houses anymore, the land deals are working so well” - Jack Bosch

Jack Bosch Real Estate Background:

  • German immigrant, in 1997 he came to US with 2 suitcases and a bunch of student debt
  • Has negotiated, bought, sold, rehabbed, as well as owned and managed over 3,800 properties since 2002
  • Currently he holds a large portfolio of properties in land, single family, commercial, and large multi-family properties
  • Based in Phoenix, AZ
  • Say hi to him at http://orbitinvestments.com/
  • Best Ever Book: Turn The Ship Around

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Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF1584_Jack_Bosch.m4a
Category:general -- posted at: 9:33am EST

Peter got into the real estate industry around 2005 and hasn’t looked back. He has a way of finding the hot spots and upcoming hot-spots in neighborhoods and capitalizing, as well as helping his clients capitalize on the upswing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I thought Los Angeles was terribly undervalued” - Peter Lorimer

Peter Lorimer Real Estate Background:

  • Real estate agent for 13+ years
  • Started his career as Rookie Agent Of The Year with Keller Williams
  • In 2009, was the #1 Keller Williams agent in the entire LA region
  • Based in LA
  • Say hi to him at https://www.plgestates.com/
  • Best Ever Book: The Virgin Way

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF1583_Peter_Lorimer.m4a
Category:general -- posted at: 9:02am EST

Lee has been a real estate investor for well over a decade. He prefers to invest in single family homes, and has bought and sold over 7,000 properties since 2004. As he says, he’s done everything you can do in the single family space. If you want to learn how to scale to a huge investing business, listen to this episode and take notes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Ask lots of questions even if they seem stupid. They’re not stupid if you don’t know” - Lee Kearney

Lee Kearney Real Estate Background:

  • Single family home real estate investor
  • Since 2004, he has bought/sold 7,000+ properties, and is known as the expert in leveraging real estate market cycles
  • Based in Tampa, FL
  • Say hi to him at http://www.spincompanies.com/
  • Best Ever Book: Tools of Titans by Tim Ferris

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1582_Lee_Kearney.mp3
Category:general -- posted at: 10:39am EST

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