Best Real Estate Investing Advice Ever

Securing a supplemental loan. That is how we will be wrapping up this series of the syndication school episodes.. Without further ado, hit play and learn the next step of the apartment syndication process.  If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“A supplemental loan is not the same as a refinance”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1815_-_SS_82_-_Series_20_-_Part_10.mp3
Category:general -- posted at: 12:00am EDT

Investor distribution FAQ. That’s the topic for today’s Syndication School, I don’t think I need to explain much more about what’s inside this value packed episode. Without further ado, hit play and learn the next step of the apartment syndication process.  If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You pay the preferred return to investors, after that, the profits get split”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1814_-_SS_81_-_Series_20_-_Part_9.mp3
Category:general -- posted at: 12:00am EDT

We get to hear a personal story of a person who got their real estate license for some extra cash. After making that extra cash, Tyler didn’t stop there, he decided to take it full time and is still currently in that role. Hear how he grew his business to being full time, and continues to scale in the commercial real estate investing world. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“In my opinion if someone is getting into multifamily, they should start smaller” - Tyler Chesser

Tyler Chesser Real Estate Background:

  • A CRE broker, personal development thought leader, and multifamily investor
  • Total transactions over $50 Million in real estate investment deals
  • Based in Louisville, KY
  • Say hi to him at https://tylerchesser.com/
  • Best Ever Book: Ben Franklin’s Biography

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1812_Tyler_Chesser.mp3
Category:general -- posted at: 12:00am EDT

Ryan is here to share his story today, which will have a heavy focus on hard work and passive income. Ryan’s passion is helping other working class people earn passive income to better their own futures. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Some people have no money and no network, they can start with wholesaling” - Ryan Enk

Ryan Enk Real Estate Background:

  • Founder of Columbia Real Estate Investment Club, the author of Rolling Real Estate Formula and owner of an RV rental fleet
  • Has built 2 two million dollar indoor sports arenas
  • Based in Covington, LA
  • Say hi to him at www.cashflowdadlife.com 
  • Best Ever Book: Rich Dad Poor Dad

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1812_Ryan_Enk.mp3
Category:general -- posted at: 8:58am EDT

Brian is here today to tell us how we can best protect the assets that we work so hard to acquire. He’s an asset protection attorney, so he’s seen first hand the consequences of not properly setting up your business from the beginning. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If I’m not adding value for my clients, they don’t need me” - Brian T. Bradley

Brian T. Bradley Real Estate Background:

  • Asset Protection Attorney for Investors, Self-Made Entrepreneurs, Business Owners, High Risk Professionals  and Affluent Families
  • Sets up systems and strategic teams for our clients asset protection and wealth management
  • Based in Portland, OR
  • Say hi to him at https://btblegal.com/

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1811_Brian_T_Bradley.mp3
Category:general -- posted at: 10:49am EDT

Michael has been building his company for the past few years and has seen success in a niche that almost anyone can do. He prefers doing short term rentals, and he doesn’t even own the properties (usually). Hear how he builds his business with property owner partners. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You can do it yourself, but what is your time worth?” - Michael Sjogren

Michael Sjogren Real Estate Background:

  • Michael and his wife Krysten are the founders of Occupied, LLC, a short-term rental investment and management company
  • They have a portfolio of six properties across three markets and are actively expanding across the northeast
  • Recently launched an education platform called Short Term Rental Secrets to help real estate investors launch their own STR business
  • Based in Boston, MA
  • Say hi to him at  https://www.occupiednow.com/ 
  • Best Ever Book: The Millionaire Fastlane

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1810_Michael_Sjogren.mp3
Category:general -- posted at: 11:38am EDT

Theo did the podcast interviews again last week so we’re hearing the lessons that he learned from those interviews last week. The lessons that Theo will be discussing come from Alex Talcott, Brad Stevens, and Dana Wallace. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The idea of the money raising tracker is to see how you are finding investors and know where to focus your time” 

Free Document:

http://bit.ly/moneyraisingtracker 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1809_Follow_Along_Friday.mp3
Category:general -- posted at: 11:05am EDT

Theo explained how to attract high quality residents to your apartment communities yesterday. After you have great residents, you’ll have to focus on keeping them. That is the focus of today’s conversation, starting with resident appreciation party ideas. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“When you are hosting these resident appreciation parties, it will result in higher occupancy, less turnover, less bad debt, better and higher quality leads and residents, which equates to a higher net operating income”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1808_-_SS_80_-_Series_20_-_Part_8.mp3
Category:general -- posted at: 11:22am EDT

Now that we’ve purchased a property and have management in place, it will still be important for you to work with the property manager. Theo will explain seven different ways to attract high quality residents to your properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It’s better to pay them money rather than give them a discount on the rent”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1807_-_SS_79_-_Series_20_-_Part_7.mp3
Category:general -- posted at: 12:07pm EDT

Peter runs his own blog which is very popular for people who are in a similar situation to him. He shares his knowledge of putting his money to work through real estate investing, while working a ton of hours as a doctor. This episode has tons of value for other high income earners, as well as anyone who could use help with prioritizing their time between family, work, and real estate investing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I look for other people who have invested with them” - Peter Kim

Peter Kim Real Estate Background:

  • Owner of the website https://passiveincomemd.com/ where he shares his knowledge of passive real estate investing with doctors and other high income professionals
  • His site and blog are viewed 50k people each month
  • Based in Los Angeles, CA
  • Say hi to him at https://passiveincomemd.com/

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1806_-_Peter_Kim.mp3
Category:general -- posted at: 9:35am EDT

Today we have a physician couple joining us on the show. These aren’t your typical physicians, they are both semi-retired and working on their real estate portfolio both actively and passively. We’ll hear about their specific investments, how profitable they are, where they found the deals, how they balance work, investing, blogging, and life. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The best way to invest in real estate is to focus on cash flow” - Letizia Alto

Letizia Alto and Kenji Asakura Real Estate Background:

  • Two physician couple, semi-retired, entrepreneurs, and real estate investors
  • Own 40 units with over $250,000 in cash flow
  • Based in Seattle, WA
  • Say hi to them at https://semiretiredmd.com/

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1805_Letizia_Alto_and_Kenji_Asakura.mp3
Category:general -- posted at: 11:30am EDT

Marco has been on the show a few times now, and he always delivers tons of value for us all. We’re having him on again today to talk about something specific, finding great markets to invest in both passively and actively. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Markets change, they’re not static” - Marco Santarelli

Marco Santarelli Real Estate Background:

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1804_-_Marco_Santarelli.mp3
Category:general -- posted at: 3:08pm EDT

Chris got his real estate start as a real estate agent, he gained traction quickly and led his team to being the #1 team for residential sales in the Carolinas. Theo will ask about how he was able to do that, and then they’ll talk about his newest venture into multifamily real estate. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“For people trying to get into multifamily syndication, give people details on what you’re doing” - Chris Salerno

Chris Salerno Real Estate Background:

  • By 25 years he sold more than $40M in real estate volume and helped lead the #1 real estate team in the Carolinas
  • Named to Charlotte’s 30 under 30
  • Leads QC Capital as a well respected, high-return investment firm
  • Based in Charlotte, NC
  • Say hi to him at https://qccapitalgroup.com/ 
  • Best Ever Book: Best Ever Apartment Syndication Book

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1803_Chris_Salerno.mp3
Category:general -- posted at: 11:27am EDT

Follow Along Friday today will be the top lessons Joe learned from his interviews for the podcast last week. Joe also adds his own actionable tips and tactics to the lessons he shares today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Those tasks might not seem super important to do everyday, but they add up over time” 

Free Document:

http://bit.ly/buildingyourteam 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1802_Follow_Along_Friday.mp3
Category:general -- posted at: 9:21am EDT

We started covering how to manage the property management company of your apartment communities yesterday. Today, Theo will cover how to approach firing them if they are not performing to your standards. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you never get to the root cause of what’s happening, you can never really fix the problem”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1801_-_SS_78_-_Series_20_-_Part_6.mp3
Category:general -- posted at: 12:26pm EDT

Today Theo is covering how to manage the property management company. This will be a vital part of how good or bad your deal performs over its lifetime. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You want to know what the physical occupancy is, and what the economic occupancy is”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

 

Direct download: JF_1800_-_SS_77_-_Series_20_-_Part_5.mp3
Category:general -- posted at: 2:29pm EDT

Brian and his company own and manage farm land, which they purchase along with investors. He will cover the main benefits of investing in farmland (cash flow and appreciation) as well as the secondary benefits. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Anything that you’re spending money on, if it’s quality, there’s going to be someone who wants to pay more for it down the road than you paid for it” - Brian Luftman

Brian Luftman Real Estate Background:

  • Founder and President of American Farm Investors
  • AFI now manages thousands of cropland acres as an investment for accredited investors from 25 different states in the U.S.
  • Based in Lexington, KY
  • Say hi to him at https://americanfarminvestors.com/ 
  • Best Ever Book: The Art Of Leadership

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1799_Brian_Luftman.mp3
Category:general -- posted at: 9:00am EDT

Larry has a ton of real estate experience and he’s on the show today to share some of that with us. Theo and Larry will dive into the details on Larry’s first syndication deal, and how he raised so much money on his first deal. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The more you talk to people and learn what they’re doing, the more it will help your business” - Larry Abromowitz

Larry Abramowitz Real Estate Background:

  • Started investing in real estate in 2014 while running his flower importing and distribution company
  • Has done over $30,000,000 in real estate transactions in the USA, Colombia, Costa Rica and Spain
  • Closed first syndication deal in September of 2018 of 108 units in Daytona Beach, FL. Equity raise of $4.5M on first deal
  • Based in Miami, FL
  • Say hi to him at https://www.broadviewcap.com/ 
  • Best Ever Book: Traction

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1797_Larry_Abramowitz.mp3
Category:general -- posted at: 12:00am EDT

Nate is on the show today as a nutrition and exercise expert. Why is this important for us as real estate investors and entrepreneurs? If you’re ever going through your day and feel like you’re dragging, this is important information for you. Nate will walk us through what and when to eat each day to extract the most energy out of our bodies so we can perform our best all day. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I like when people aren’t full from lunch, I find it easier to get the rest of the day done when you’re not full” - Nate Palmer

Nate Palmer Background:

  • Coaches entrepreneurs to become unstoppable by weaponizing their nutrition and training
  • Host of The Million Dollar Body podcast, Bestselling author of Passport Fitness
  • Passionate about helping humans perform at a higher level
  • Based in Phoenix, Arizona 
  • Say hi to him at https://n8trainingsystems.com

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1797_Nate_Palmer.mp3
Category:general -- posted at: 12:00am EDT

Emmanuel is here to share his story and experience with residential assisted living facilities. We’ll hear the mistakes they made on their first deal, and what they’ve done now to eliminate making those same mistakes again. We also hear what they do to help other entrepreneurs and investors build their own residential assisted living facility. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“When you add up everything they get, it’s actually a really good deal” - Emmanuel Guarino

Emmanuel Guarino Real Estate Background:

  • Realtor for residential assisted living in Arizona 
  • He trains entrepreneurs and investors at the Residential Assisted Living Academy in Phoenix, AZ
  • Based in Phoenix, AZ
  • Say hi to him at www.ral101.com 
  • Best Ever Book: How To Win Friends And Influence People

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1796_Emmanuel_Guarino.mp3
Category:general -- posted at: 10:24am EDT

Follow Along Friday will feature some of the best things that the guys learned last week. They’ll be covering a lot about sales skills and emotional intelligence. These tips are coming from both the interviews, as well as a lot of personal insights from Joe. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’re not going to create a successful podcast in a month” 

Free Document:

http://bit.ly/companypresentationtemplate 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1795_Follow_Along_Friday.mp3
Category:general -- posted at: 8:50am EDT

Theo will give a brief review of everything we have covered so far in this series of Syndication School. The new area he will discuss today is maintaining economic opportunity. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Everything that happens at the property good or bad, is your responsibility”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1794_-_SS_76_-_Series_20_-_Part_4.mp3
Category:general -- posted at: 12:23pm EDT

Time for more syndication school! We’ve covered a lot of the apartment syndication process so far, if you’ve been following along, you’re no longer a newbie to the strategy. Theo covers more asset management duties today, numbers 7-10. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Tell them you’re coming and maybe they’ll clean up a little bit or do they things they don’t normally do” 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1793_-_SS_75_-_Series_20_-_Part_3.mp3
Category:general -- posted at: 10:33am EDT

Sarah joins Theo on the show today to discuss her real estate businesses. Most of the conversation will focus on Sarah’s passive investing with multifamily, how she vets sponsors and deals, as well as other things for all of us to look out for. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“So many people right now are trying to do flips and force the numbers to work” - Sarah Lyons

Sarah Lyons Real Estate Background:

  • Nationally Recognized Residential real estate agent 
  • Passive investor in a 120 unit deal
  • Based in Dallas-Fort Worth, TX
  • Say hi to her at www.sarahlyonsrealestate.com

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1792_Sarah_Lyons.mp3
Category:general -- posted at: 8:37am EDT

Jake is an insurance broker, as well as an investor himself. He and Joe will discuss insurance for real estate investors and also cover Jake’s best advice from his own real estate investing experience. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If the crime scores go up, premiums go up” - Jake Stacy

Jake Stacy Real Estate Background:

  • Insurance broker specializing in insurance for multifamily and commercial real estate
  • Over the last 3 years, his team has grown the business at 86%, 96%, and 114% to become an 8 figure insurance agency.
  • Also invests in real estate on the side
  • Based in Seattle, WA
  • Say hi to him at https://www.riceinsurance.com/ 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1791_-_Jake_Stacy.mp3
Category:general -- posted at: 9:27am EDT

Carla and Joe used to work together in New York City before becoming entrepreneurs in different industries. She has been coaching high achieving men and helping them with business and personal relationships for the past four years. We’ll hear some great insights into emotional fitness, as well as get her best tips and advice that we can put into action. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“There is a six step process to minimize the negative effects” - Carla Blumenthal

Carla Blumenthal Real Estate Background:

  • Coach for high achieving men to master their emotions so they can create thriving businesses, relationships, and lives.
  • Over the past four years she’s coached executives and senior leaders across the US in a wide range of professions, including real estate, tech, marketing, entertainment, even an international DJ
  • Clients have included an Emmy-Nominated entertainer, a PR Week 40 Under 40 CMO, a Facebook exec, Fortune 100 executives, CTOs in Silicon Valley, among many others
  • Based in NYC, NY
  • Say hi to her at https://www.carlablumenthal.com/
  • Free Gift for Best Ever Listeners: 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1790_-_Carla_Blumenthal.mp3
Category:general -- posted at: 2:05pm EDT

Roni always loved real estate, he worked in the industry for years before working in his current role. He helps manage a large portfolio for his company, as well as works on the funding side. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Someone has to be the good cop, someone has to be the bad cop” - Roni Elias

Roni Elias Real Estate Background:

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1789_-_Roni_Elias.mp3
Category:general -- posted at: 1:27pm EDT

Theo has a new co host for today’s episode, Jason Yarusi. They will share with us a few things they learned last week that we as investors can also learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Take time to get to know the person first and the deal second” - Jason Yarusi

Free Document:

http://bit.ly/brandingresource1 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1788_-_Follow_Along_Friday.mp3
Category:general -- posted at: 9:45am EDT

Theo continues the long series on asset management. Today he covers more of the top 10 asset management duties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The majority of the information is included in the free weekly review document” 

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1787_-_SS_74_-_Series_20_-_Part_2.mp3
Category:general -- posted at: 12:00am EDT

Now that we’ve talked about everything there is to talk about as it pertains to purchasing your first apartment syndication deal, it’s time to discuss asset management. This will be the longest period of time that you will be dealing with the property, and the investors. You’ll want to come with paper and pencil for this series! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The way to sell that is to tell them you are upgrading the unit at no cost to them”

Free Document:

http://bit.ly/weeklyperformancereview 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1786_-_SS_73_-_Series_20_-_Part_1.mp3
Category:general -- posted at: 12:00am EDT

Matt shares his Best Ever Advice with us, which includes his first rental property that he was cash flowing over $1k per month. He used the equity he had from his personal property, which was obtained through working as much as possible to make money and pay down his mortgage. When he found out he could use that equity to purchase property, Matt knew real estate was a business he could scale. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I spent a year of my life just working as much as possible and saving money” - Matt Spangenberg

Matt Spangenberg Real Estate Background:

  • 36 year old real estate investor who started from nothing
  • Used a HELOC to do 30 BRRRR deals
  • Acquired $7.5 Million in real estate over the last decade as a side hustle
  • Owns 51 units with 7 closing next month
  • Based in Pennsylvania
  • Say hi to him at karleyinvestmentholdingsATgmail.com
  • Best Ever Book: Never Split The Difference

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1785_Matt_Spangenberg.mp3
Category:general -- posted at: 12:00am EDT

Kyle left his full time job just eight months ago (as of this recording) and already closed on his first multifamily syndication. He started out in real estate like many of us, working full time and buying single family homes. Hear how and why he was confident in leaving his job, and what it took to close on his first syndication. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Real estate is a team sport” - Kyle Mitchell

Kyle Mitchell Real Estate Background:

  • Managing Partner and Co-Founder of Limitless Estates
  • Recently closed on his first multifamily syndication in May of 2019
  • Based in LA, CA
  • Say hi to him at https://www.limitless-estates.com/
  • Best Ever Book: Best Ever Apartment Syndication Book by Joe Fairless

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1784_Kyle_Mitchell.mp3
Category:general -- posted at: 9:53am EDT

Joe has used himself to test this method of investing/storing cash. He went to Gary and has been working with him for a few months now, it has been a good experience and Joe wanted to share with everyone. So tune in to hear about this strategy you may have never heard of before. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Almost all of the whole life insurance companies that do this, will put the money in a general fund” - Gary Pinkerton

Gary Pinkerton Real Estate Background:

  • Wealth strategist at Paradigm Life
  • Has funded over 100 rental units using OPM with private banking since 2011 and has helped his clients do the same
  • Former captain on nuclear subs in the Navy 
  • Based in Jersey Shore, NJ 
  • Say hi to him at https://paradigmlife.net/ or gary@garypinkerton.com 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1783_Gary_Pinkerton.mp3
Category:general -- posted at: 10:39am EDT

Ola was a house flipper first, he and Joe will cover what house flipping taught him about multifamily investing. They will discuss Ola’s first flip that didn’t go quite as planned, Ola admits he had shiny object syndrome with this deal, and shares his lessons learned. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Make sure that they know their stuff so that you know what you need to bring to the table” - Ola Dantis

Ola Dantis Real Estate Background:

  • Founder/CEO at Dwellynn.com
  • A multifamily syndicator, has successfully sourced deals of over $40 Million
  • Based in Baltimore, MD
  • Say hi to him at https://www.dwellynn.com/ 
  • Best Ever Book: As A Man Thinketh  

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1782_Ola_Dantis.mp3
Category:general -- posted at: 11:41am EDT

Joe and Theo are back it for another #FollowAlongFriday. Theo did the interviews for the podcast last week, so we’ll be hearing his favorite lessons that he learned while doing those, with additional thoughts from Joe. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“He found all the inefficiencies from their P&L and told the boss about them”

Free Document:

http://bit.ly/freepropertycomparisontracker 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1781_Follow_Along_Friday.mp3
Category:general -- posted at: 11:49am EDT

Theo continues the talk about the apartment syndication closing process. We’ll move into how to notify your passive investors after you close. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’ll want to draft the ‘congrats we closed’ email a few days ahead of time”

Free Document:

http://bit.ly/freeinvestorguide 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1780_-_SS_72_-_Series_19_-_Part_2.mp3
Category:general -- posted at: 8:47am EDT

We've gone through many steps of the apartment syndication process. If you’re following along, you should be excited to finally discuss how you actually close on an apartment syndication deal. Theo will review a lot of the content that has helped us get to this point. On the next episode he gets more into the actual closing, with asset management starting next week. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“A day before closing, you’ll receive all the closing documents from the lender” 

Free Document:

http://bit.ly/freeinvestorguide 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1779_-_Series_19_-_Part_1.mp3
Category:general -- posted at: 12:00am EDT

Jay and Samera are both entrepreneurs at heart. They had a couple of different businesses, and also worked full time for others throughout the years before finding real estate investing. Today we’ll hear about their investing journey and investing niche, which is investing in mobile homes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If they can’t give you proof or referrals, that’s a red flag” - Jay and Samera Harvey

Jay & Samera Harvey Real Estate Backgrounds:

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1778_Jay__Samera_Harvey.mp3
Category:general -- posted at: 8:32am EDT

Tune in and hear Joe and Joe walk through the journey of starting out, buying and selling 1000 homes, and building a very nice, profitable, cash flowing 150 unit portfolio. One unique aspect of Joe’s business and his 150 units - they’re all single family homes. We’ll hear how he manages 150 separate properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I’ve found a great niche in the single family home area and I do very well there” - Joe Lieber 

Joe Lieber Real Estate Background:

  • Broker/President of JL Investment Group
  • Has bought and sold more than 1,000 houses, owns 150 units
  • Based in Cleveland, OH
  • Say hi to him at https://clevelandinvestor.com/ 
  • Best Ever Book: Rocket Fuel 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1777_Joe_Lieber.mp3
Category:general -- posted at: 10:04am EDT

Prady is back on the show today to help us with some entrepreneurial tips. His advice today is focused all around the mindset that is important for any entrepreneur to have in order to succeed as entrepreneurs, which of course includes real estate investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Must approach things in a non confrontational way” - Prady Tewarie

Prady Tewarie Real Estate Background:

  • Started as a buy and hold investor in college and became a real estate developer focusing on condo conversions
  • Has over $100M in real estate assets
  • Based in Boston, MA
  • Say hi to him at www.thetewariegroup.com 
  • Best Ever Book: Built To Sell

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1776_Prady_Tewarie.mp3
Category:general -- posted at: 9:41am EDT

Today’s episode was recorded at the meetup we host in Cincinnati every month (bestevercincy.com). Gaston has attended the meetup for years, and we have personally watched his growth as a real estate investor through the years. He’s scaled up to 240 units over the past few years, with no syndications or funds, all of the units are his own, acquired through traditional financing. One huge difference between Gaston’s business and most others that you’ve heard of, he buys bad properties (until he turns them around) in bad areas, which goes against the traditional advice you usually hear to “buy the worst property in the best neighborhood. We’ll hear his story of getting to the level he’s at today, and how he plans on continuing the growth. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It had physical occupancy of 90%, but a lot of those people weren’t paying” - Gaston Teran

Gaston Teran Real Estate Background:

  • President of GT Apartments
  • Started building his multifamily portfolio while working full time as a corporate controller
  • Left the accounting world to be a full time real estate investor, currently owns 240 units
  • Based in Cincinnati, OH
  • Say hi to him at gteranATyahoo.com

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1775_Gaston_Teran.mp3
Category:general -- posted at: 7:42am EDT

Danny Randazzo is joining Theo for Follow Along Friday again this week. He’ll be sharing some insights from his previous business week and what he learned. Theo will be sharing some advice from Best Ever Guests that he interviewed last week. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If they are pressuring you to pay them, something in wrong”

Free Resource:

http://bit.ly/marketevaluation2 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1774_Follow_Along_Friday.mp3
Category:general -- posted at: 10:49am EDT

Now that we’ve had the first conference call with our passive investors, we need to provide them with proper documentation. Theo will discuss that and a little more on today’s Syndication School episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You want to provide them with new information in every email”

Free Document:

http://bit.ly/annualincomecalculator

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1773_-_SS_70_-_Series_18_-_Part_8.mp3
Category:general -- posted at: 12:00am EDT

Part seven of this Syndication School Series will be covering more Q&A and how to follow up after you hold a successful conference call. Tomorrow Theo will cover sending proper documentation after the call. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“IRR is tied to time if I can get $1000 tomorrow, it’s worth more than $1000 a year from now”

Free Document:

http://bit.ly/annualincomecalculator

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1772_-_SS_69_-_Series_18_-_Part_7.mp3
Category:general -- posted at: 9:34am EDT

If you’re in the position of working full time and investing part time, so was Jason. For some, that’s fantastic and they wouldn’t have it any other way. For some others, they are looking for a way to leave their full time job and invest in real estate full time. We’ll hear how Jason did that seven years ago, and how he has continued to scale his business since then. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Focus on your mindset and personal growth” - Jason Pero

Jason Pero Real Estate Background:

  • Started investing in real estate since 2001, left his day job in 2012
  • Currently owns nearly 700 rental units, recently completed first syndication deal
  • President of his local REIA/Apartment Association representing over 1600 members
  • Based in Erie, PA
  • Say hi to him at jasonperoATyahoo.com or 814.397.8037
  • Best Ever Book: Old Charlie’s Almanac

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1771_Jason_Pero.mp3
Category:general -- posted at: 11:54am EDT

Paige has started and ran multiple real estate investing businesses, and has been investing in real estate for over 20 years! Today Joe and Paige will have a discussion about her entire real estate story, from losing $20 million in cash to getting back in the real estate game and having more success than ever before with non-performing notes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“They will focus on assets that are valued over $200,000” - Paige Panzarello

Paige Panzarello Real Estate Background: 

  • Real estate investor and entrepreneur for over 20 years
  • Founded and runs her own non-performing note company
  • Completed over $150 million in real estate transactions to date
  • Based in Simi Valley, CA
  • Say hi to her at https://www.cashflowchick.com/ 
  • Best Ever Book: Three Feet from Gold 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1770_Paige_Panzarello.mp3
Category:general -- posted at: 9:44am EDT

Nicole has built two successful real estate companies, and is on the show today to tell us how she did it. She’s currently working on a wide range of projects, from €200,000 to €5,000,000 projects, which are both being sold as of this recording. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It was quite easy to take that money and invest in a gentrifying area and make money” - Nicole Bremner

Nicole Bremner Real Estate Background:

  • Founder of two real estate companies based in London
  • Develops and invests in real estate, has close to 100 units both residential and commercial, valued at close to €100 Million
  • Based in London, Greater London, UK
  • Say hi to her at http://www.east-eight.com/ 
  • Best Ever Book: Oversubscribed by Daniel Priestley 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1769_Nicole_Bremner.mp3
Category:general -- posted at: 8:00am EDT

Hank and his company work with rental companies to help furnish their apartments and move in great tenants. Typically, their tenants stay for multiple years, but they also have month to month lease options available. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“When we’re moving in a unit, we move in that first day, after that, our sales team handles everything” - Hank Jonap

Hank Jonap Real Estate Background:

  • Director of Real Estate for Blueground
  • Oversees the company’s location expansion strategy and new space acquisitions
  • Based in NYC, NY
  • Say hi to him at https://www.theblueground.com/
  • Best Ever Book: Rich Dad, Poor Dad by Robert Kiyosaki 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1768_-_Hank_Jonap.mp3
Category:general -- posted at: 10:42am EDT

Theo did the interviews for the podcast last week, and has some lessons learned to share with us today. Danny Randazzo is joining Theo and sharing some valuable lessons he has recently learned as well. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“People are more likely to deal with you if they know you, like you, and trust you.

Free Document:

http://bit.ly/annualincomecalculator

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1767_Follow_Along_Friday.mp3
Category:general -- posted at: 12:58pm EDT

Theo covers the last step to hosting a successful conference call with your passive investors to secure investments for your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“They want to know if you are trying to balance multiple deals at once, or focusing all of your efforts on this one particular deal”

Free Document:

New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF1766.m4a
Category:general -- posted at: 10:19am EDT

Theo gave us the steps one through five for hosting a successful conference call with your passive investors. Learn two more steps to that process today, steps six and seven will be broken down for you. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“While you are securing commitments from passive investors, you should also be securing debt and doing due diligence on the deal” 

Free Document:

New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands 

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

 

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1765_SS_67_-_Series_18_-_Part_5.mp3
Category:general -- posted at: 8:41am EDT

Monica is a real estate agent, investor, and podcast host. Currently, she is focusing on helping other real estate agents perform at high levels, and helping their clients in the best ways they can. In order to do this, agents need to constantly be learning their market, and understand the real estate investing atmosphere around them, so that they can help their own clients with their portfolios. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Being a real estate agent is selling yourself, you have to go and ask for the business to get the business” - Monica Neubauer 

Monica Neubauer Real Estate Background:

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.

Direct download: JF_1764_Monica_Neubauer.mp3
Category:general -- posted at: 10:45am EDT

Apartment syndications are very complicated as many Best Ever listeners know. Many times, investors are in the real estate space for many years before they think about trying to do their own syndication deal. Mo wasn’t afraid of taking the leap, going from a duplex to a 21 unit in a short amount of time. He also worked hard to find great partners with strengths that differed from his own. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Our relationship has grown since investing together” - Mo Bloorian

Mo Bloorian Real Estate Background:

Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   

TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.

Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. 

Direct download: JF_1763_Mo_Bloorian.mp3
Category:general -- posted at: 9:30am EDT

Ashley started her real estate investing with a single family home purchase that was meant for a normal long term tenant and a traditional buy and hold deal. That turned into a Short Term Rental, she flipped houses after that, started passively investing in larger deals, followed by being on the GP of her own large deals. Hear what it took to get where she is now, and what it takes to do her daily tasks with all these projects. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Until you have done the job correctly and have passed final inspection, I’m not paying you” - Ashley Wilson

 Ashley Wilson Real Estate Background:

  • Co-Founder of Bar Down Investments LLC and HouseItLook LLC
  • She owns 450 units and oversees asset and construction management on 349 units
  • Has also completed 15 flips
  • Based in Philadelphia, PA
  • Say hi to her at www.houseitlook.com  
  • Best Ever Book: Best Ever Apartment Syndication Book

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1762_Ashley_Wilson.mp3
Category:general -- posted at: 9:25am EDT

Michael is coming back onto the show (previous episode below) to share a situation he recently had in his business that taught him a lot. He had a lender back out of his deal THE DAY OF CLOSING! This was a 62 unit deal, and Michael was left scrambling to get this deal done. Hear how he overcame the situation and what he learned in the process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you’re starting out, mortgage brokers can be an asset for you” - Michael Beeman

Michael Beeman Real Estate Background:

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1761_Michael_Beeman.mp3
Category:general -- posted at: 10:15am EDT

Another addition of Follow Along Friday for you today. Once again, Joe is sharing three things he learned from interviewing the Best Ever Guests from the podcast interviews last week. These three lessons today are from Logan Freeman (https://www.livefreeinvestments.com/), Caroline Carter (https://carolinecarter.com/), and H.J. Chammas (https://www.employeemillionaire.com/). If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I’ve had no bad deals, but I have lost money through bad habits and practices” - H.J. Chammas

Free Document:

http://bit.ly/masterthelingodoc 

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1760_Follow_Along_Friday.mp3
Category:general -- posted at: 9:48am EDT

We’ve created the investment summary, we’ve created an email to send to our investor database. Now it’s time for a conference call with your investors to secure those investments for your apartment syndications. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Determine what your main focus is, which should be capital preservation because that is the most important thing to your investors”

Free Document:

New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands 

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1759_SS_60_-_Series_18_-_Part_4.mp3
Category:general -- posted at: 9:30am EDT

We learned how to create a quality investment summary to show to our investors with the two Syndication School episodes from last week. Now we’ll start learning more about emailing our investor database. How to build a list, when to mail to them, what to send them, etc.. So grab your notebook and hit play, get ready to learn more about the apartment syndication process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“This is why we have the two cash-on-cash return factors, one including the profits from the sale and the other excluding the profits from the sale”  

Free Document:

New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands 

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1758_SS_59_-_Series_18_-_Part_3.mp3
Category:general -- posted at: 9:26am EDT

She was very sick, and had to spend $250,000 to save her own life, at that time, money was everything because it was needed just to continue living. Krisstina had money saved fortunately, and was able to bounce back from being sick. Now she helps people earn more money, or learn how to manage and live with money in a better way, leading to happier lives and thriving businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It’s more about learning and growing than it is about making more money” - Krisstina Wise

Krisstina Wise Real Estate Background:

  • Real estate investor, Millionaire coach, and creator of several multi-million dollar businesses
  • Author of the Amazon Best-Seller Falling for Money
  • Based in Austin, TX
  • Say hi to her at https://wealthywellthy.life/ 
  • Best Ever Book: Dollars and Sense

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1757_Krisstina_Wise.mp3
Category:general -- posted at: 9:06am EDT

As new apartment communities come to market, they’re empty. Jason’s business model is to find those apartment communities, get access to some of those units as they are being leased up, and turn them into short term rentals for 8-24 months. “Pop-up hotels” as Jason calls them, WhyHotel only moves in during the lease up of new communities, helping investors mitigated the normal losses occurred during the lease up. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“In the U.S. between 200,000-400,000 MF units are delivered each year, on average, they take about a year to fill up, so that means there is somewhere between 100,000 to 200,000 units vacant at all times in major U.S. cities” - Jason Fudin

Jason Fudin Real Estate Background:

  • CEO and Co-Founder of WhyHotel
  • WhyHotel is a platform for renting a full size apartment with a 24/7 hotel staff onsite when traveling vs staying in a hotel
  • Based in Washington D.C.
  • Say hi to him at https://whyhotel.com/
  • Best Ever Book: Hiring A Players

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.
We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1756_Jason_Fudin.mp3
Category:general -- posted at: 9:22am EDT

Judah is joining us as a very accomplished Vice President for a huge lender that we’ve probably all heard of, Greystone. Not only does Judah deliver amazing value today with the knowledge of the HUD 223F loan, but he’s also demonstrating his mindset that has helped him succeed at such a high level. You’ll hear Judah’s stutter in this episode, which is part of his story of overcoming his stuttering and putting himself in uncomfortable positions (like doing this podcast) a great episode that everyone can learn something from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“One other catch, HUD only allows for bi-annual distribution. If you’re syndicating, you’d only be able to pay your investors twice per year” - Judah Rosenberg

Judah Rosenberg Real Estate Background:

  • Vice President Greystone, a national commercial real estate lending, investment, and advisory company.
  • Greystone’s affiliated businesses include a $32 billion loan servicing portfolio, $2 billion in completed property development projects, and a portfolio of over 8,000 affordable housing rental units and 3,000 skilled nursing beds.
  • Based in New York, NY
  • Say hi to him at https://www.greyco.com/ or 917.204.8854 or judah.rosenbergATgreyco.com

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1755_Judah_Rosenberg.mp3
Category:general -- posted at: 1:15pm EDT

Theo is interviewing Prady today on his real estate investing experience. Prady has a little bit of a unique story in that he got his start in college and began his real estate investing journey in a time where a lot of people are strictly focused on getting through school. Now he has a thriving condo development business in the Boston area. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I don’t even do calls, I just knock on doors” - Prady Tewarie

Prady Tewarie Real Estate Background:

  • Started as a buy and hold investor in college and became a real estate developer focusing on condo conversions
  • Has over $100M in real estate assets
  • Based in Boston, MA
  • Say hi to him at www.thetewariegroup.com or Instagram @iampradyuman
  • Best Ever Book: Built To Sell

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1754_Prady_Tewarie.mp3
Category:general -- posted at: 8:45am EDT

Joe is sharing three of his favorite lessons learned from interviewing Michael Sjogren, Nate Palmer, and Marco Santarelli. We’ll hear about managing short term rentals, eating healthy and working out, and how to find the best real estate investing markets. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Use a ring doorbell camera and wifi locks”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1753_Follow_Along_Friday.mp3
Category:general -- posted at: 9:35am EDT

Theo continues the conversation from yesterday about securing commitments from investors. We’ll be hearing more about how to create an investment summary. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“In the investment summary there is a sample $100k return”

Free Document:

http://bit.ly/investmentsummarytemplate

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

 

Direct download: JF_1752_-_SS_58_-_Series_18_-_Part_2.mp3
Category:general -- posted at: 11:30am EDT

We’ve heard a lot about the apartment communities and due diligence process for your apartment syndication acquisitions. Now, Theo starts covering how to secure commitments from your investors. There is a lot to go over here, so this will be a six parter. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Don’t tell them no, the deal is full, come back next time. Add them to your waiting list”

Free Document:

http://bit.ly/investmentsummarytemplate

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1751_SS_57_-_Series_18_-_Part_1.mp3
Category:general -- posted at: 10:19am EDT

Alina had a need of her own, and as many entrepreneurs do she started her own business. She began investing in real estate for herself because of a need to diversify her own portfolio, now Alina also helps other investors do the same. By working with other passive investors she can help others diversify without having to be active. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“There is no Nostradamus to tell us if the recession is going to happen tomorrow or 3 or 5 years from now” - Alina Trigub

Alina Trigub Real Estate Background:

  • Founder and Managing Partner of SAMO Financial, a boutique equity firm
  • Help clients over 1,200 doors, over 500 storage units and a $10M mobile home park fund
  • Works with high earners to passively invest in real estate
  • Based in NYC
  • Say hi to her at https://www.samofinancial.com/
  • Best Ever Book: Compound Effect by Darren Hardy

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1750_Alina_Trigub.mp3
Category:general -- posted at: 9:53am EDT

Jason has been investing in real estate for years, his specialty is finding off market deals. He built and sold REI Blackbook, now he helps individuals find off market deals by building them a specialized blueprint and giving them a leg up on the competition. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’ll go from 3000 homes in Cleveland down to 30 in a matter of minutes” - Jason Palliser

Jason Palliser Real Estate Background:

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1749_Jason_Palliser.mp3
Category:general -- posted at: 9:24am EDT

Jason is a physician that specializes in helping people live a healthier lifestyle. With healthier decisions comes a better overall mood and mindset, leading to making better business and investing decisions. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you typically have dinner around six or seven and want to get to bed around 9 or 10, that’s pretty good” - Jason Valadao

Jason Valadao Real Estate Background:

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1748_Jason_Valadao.mp3
Category:general -- posted at: 1:59pm EDT

Typically for a side hustle, people will Uber or work part time somewhere. Payton is taking another route and building his real estate portfolio on the side of his full time job. He’s just getting started with real estate, currently with three properties, with very lofty goals. Hear what his plan is to accomplish his big goals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“To get good loans at good rates, you have to prove to your lenders that you can pay it back” - Payton Pearson

Payton Pearson Real Estate Background:

  • Research analyst, and former Air Force Pilot
  • 1000+ hours of flying experience, owns 3 properties, in process of acquiring 4th
  • Based in Dayton, Ohio
  • Say hi to him at terr547ATyahoo.com
  • Best Ever Book: Rich Dad Poor Dad

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1747_Payton_Pearson.mp3
Category:general -- posted at: 12:06pm EDT

Joe did another round of interviews for the podcast last week, and again walked away with some valuable lessons to share with us. From finding off market deals to how our emotions affect our emotions, there is something in this episode for everyone. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“There is no one size fits all strategy for finding deals”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1746_Follow_Along_Friday.mp3
Category:general -- posted at: 10:19am EDT

Time to get into more details about the remaining five documents of the 10 that you will need to be familiar with in your apartment syndication due diligence. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If the person that performs the environmental site assessment identifies an environmental problem, you’ll want to get with your lender to make sure that is not something that will disqualify you from financing”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1745_SS_56_-_Series_17_-_Part_4.mp3
Category:general -- posted at: 1:01pm EDT

In the first two parts of this series, Theo broke down 10 financial documents you’ll need to be familiar with for you apartment syndication due diligence. Today Theo will be explaining how to analyze the first five of those 10 documents. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Depending on what type of loan you’re getting, you may have to address some things before you close”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1744_SS_55_-_Series_17_-_Part_3.mp3
Category:general -- posted at: 10:25am EDT

Michael was in a position that required him to research comps for the company’s deals. He was having trouble finding relevant comps, so he started working on a solution. Enter his company, CompStak, they provide comps nationwide from brokers, appraisers, and research people in real estate brokerage firms to anyone who uses their platform. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The way you differentiate yourself is through your creativity” - Michael Mandel

Michael Mandel Real Estate Background:

  • Co-Founder & CEO of CompStak, the nationwide provider of commercial real estate data and analysis
  • Has provided 2 million comps on 700k properties totaling 10 billion leased SQ. FT.
  • Based in NYC
  • Say hi to him at https://compstak.com/
  • Best Ever Book: Shoe Dog by Phil Knight

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1743_-_Michael_Mandel.mp3
Category:general -- posted at: 9:12am EDT

Grant and his wife set out to be real estate investors, started buying properties but quickly ran out of money. He went to a local meetup where he met a young successful investor (Josh Sterling) who gave him tips on how to move forward. They took his advice and ran with it, getting up to 11 units in two years, after thinking they were out of money to move forward. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If we’re going to stay on this path, how many houses would we need?” - Grant Warrington

Grant Warrington Real Estate Background:

  • Started investing in real estate in 2004 - bankruptcy followed, restarted in 2014
  • Currently owns 20+ units with is wife and business partner, Monika
  • Oversees the operations of 736 units for Epic Property Management
  • Based in Detroit, MI
  • Say hi to him at https://bluerockcapital.net/

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1742_-_Grant_Warrington.mp3
Category:general -- posted at: 9:09am EDT

Joshua is joining Theo on the show today to talk with us about distressed debt. We’ll hear about his overall strategy, including how to find the distressed debt to invest in, how to evaluate them, and ultimately how to invest in the debt. A great episode for an intro into the distressed debt investing field, also a very informative episode with nuggets for even an experienced investor. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Distressed debt is a space where not only do you need to have a lot of capital lined up ready to go, it’s something that takes a more sophisticated buyer” - Joshua Jaouli

Joshua Jaouli Real Estate Background:

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1741_-_Joshua_Jaouli.mp3
Category:general -- posted at: 10:53am EDT

Jim has done a ton of rehabs, and started getting into rental investing just a few years ago. He already has about 500 units under his belt, with a goal of 5000 in the future. Jim will break down a couple of deals for us, we’ll hear what went right, what went wrong, and what we should learn to implement in our own businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I didn’t get here by reinventing the wheel, I took one thing that worked and I did it” - Jim Huntzicker

Jim Huntzicker Real Estate Background:

  • Started his real estate business in 2005, has done over 500 deals
  • Focused on flipping for first 7 years - 95% of the 500 deals were rehabs
  • Based in Chicago, IL
  • Say hi to him at jimATjimhuntzicker.com
  • Best Ever Book: Tools of Titans by Tim Ferriss

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1740_-_Jim_Huntzicker.mp3
Category:general -- posted at: 12:35pm EDT

Joe learned a few new things last week from his interviews, two of which he’ll be sharing with us. He also has an observation from life in general that he wants to share with us today. Getting rewarded for doing the wrong thing - what is he talking about and is it good or bad? You’ll have to listen to this episode to find out. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I believe you need a higher NOI in the smaller markets to qualify for the loan”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF1739_FAF_Joe_and_Theo.m4a
Category:general -- posted at: 11:28am EDT

Part two of Theo’s due diligence series will teach you about five more documents you’ll need to be familiar with in your apartment syndication due diligence. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’ll have two PSA’s so ideally you’ll compare the results of the PSA’s”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1738_-_SS_54_-_Series_17_-_Part_2.mp3
Category:general -- posted at: 9:36am EDT

Last week Theo covered financing options for apartment syndication deals. For this week’s series, he’ll be covering the due diligence process as it pertains to large apartment communities. Today we’ll hear details about five documents you’ll be reviewing, tomorrow we’ll cover five more documents. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“All of this is very important information for you to know and impossible for you to know going into the deal because you don’t have your hands on all these leases”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1737_-_SS_53_-_Series_17_-_Part_1.mp3
Category:general -- posted at: 10:06am EDT

Wouldn’t $10k per month of passive income be nice? Anton currently has that with his portfolio, and he only has to spend one hour each week to manage. He also has another career, so his real estate investments are not his main focus, which makes the passive nature of his investments ideal for him. Joe digs into Anton’s portfolio and story, extracting the lessons for us to learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Get your foot in the door, you’ll learn more from your first deal than any kind of reading or research” - Anton Ivanov

Anton Ivanov Real Estate Background:

  • US Navy veteran, real estate investor and entrepreneur
  • Owns 35 units across 4 states, generating $10k in monthly passive income, requiring only 1 hour a week to manage
  • Based in San Diego, CA
  • Say hi to him at https://dealcheck.io/
  • Best Ever Book: 4 Hour Work Week by Tim Ferriss

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1736_Anton_Ivanov.mp3
Category:general -- posted at: 9:24am EDT

Alan helps his clients own properties and lease them as triple net leases to commercial tenants. His clients are able to purchase properties nationwide through Alan, which his team personally vets before bringing them to his clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You might get a little higher cap rate because its a strong B tenant and not an A, but you made up for it with the security that the incredible location will bring to you” - Alan Fruitman

Alan Fruitman Real Estate Background:

  • Owner of 1031tax.com and author of "The NNN Triple Net Property Book"
  • Has helped investors purchase more than $1 Billion of single tenant, triple net leased investments
  • Based in Denver, CO
  • Say hi to him at https://1031tax.com
  • Best Ever Book: Two Page Marketing Plan

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1735_Alan_Fruitman.mp3
Category:general -- posted at: 9:40am EDT

Chad has had a little different path on his way to real estate investing than I’ve ever heard. He started by getting into Magic The Gathering card trading, got into day trading, and then got into real estate investing. How has playing Magic The Gathering helped him with his career? Tune in to find out! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If your process is good, you will be net positive overall” - Chad Kastel

Chad Kastel Real Estate Background:

  • Real estate investor since 2016
  • 1st property was a two structure single property house hack, 2nd was a mix use triplex
  • Licensed Realtor in Florida
  • Based in Hollywood, FL
  • Say hi to him at 609-705-7332 and chadkastelATgmail.com
  • Best Ever Book: Best Ever Apartment Syndication Book

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1734_Chad_Kastel.mp3
Category:general -- posted at: 12:34pm EDT

“I don’t want to list your home” - that’s the phrase that started everything for Dan years ago. As a new agent, Dan had to find a way to get some business from all of the FSBO’s in his area. Rather than door knocking and asking to list their home, he’d simply ask if he could take some buyers through the home, and help with the paperwork if they had a buyer. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The biggest thing would be to implement a system, track everything you’re doing and eliminate the things that don’t work” - Dan Plowman

Dan Plowman Real Estate Background:

  • Rookie of the year in his first year selling homes
  • 28 years of real estate experience, has sold more than one home per day for the last 8 years.
  • Based in Whitby, ON
  • Say hi to him at https://www.danplowmancoaching.com/
  • Best Ever Book: High Performance Habits by Brendon Burchard

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1733_Dan_Plowman.mp3
Category:general -- posted at: 9:42am EDT

Joe does about 9 interviews every week for the podcast, and he takes notes on every single interview. Today, he’ll share the very best lessons that the guests taught or reminded him of last week. The five guests are (interviews yet to be released) Gaston Teran, Luis Leiva, Michael Beeman, Cory Boatright, and Gary Pinkerton. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you want to attract the right partners, then be attractive yourself”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1732_Follow_Along_Friday.mp3
Category:general -- posted at: 9:25am EDT

We’ve heard Theo explain in great detail all the different loan options we have as apartment syndicators. How do you decide which is best for you? Luckily, Theo is going to cover that today so get your pen and paper ready to take notes! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“A good starting approach is to reach out to your mortgage broker and tell them what you plan on doing”

Free Loan Program Spreadsheet:

http://bit.ly/toploanprograms

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1731_-_SS_58_Series_16_Part_4.mp3
Category:general -- posted at: 12:29pm EDT

We’ve covered the two different types of debt (recourse and non-recourse) in part one of this series. Theo talked about the two most popular forms of financing and the most popular agency debt available. Today, we’ll hear about the other loans that are available to finance your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Time from contract to close with these programs is at minimum 120 days and 6-9 months is common”

Free Loan Program Spreadsheet:

http://bit.ly/toploanprograms

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1730_-_SS_57_Series_16_Part_3.mp3
Category:general -- posted at: 9:20am EDT

DJ and his wife are a real estate investing team, and they’re just getting started. They have purchased and sold a four unit multifamily building, as well as bought a couple of other deals and are currently holding those. Hear how they got started with little cash to invest, and how they plan on continuing their real estate investing careers. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Don’t do it yourself, know what you’re good at, and find yourself a team” - DJ Cummins

DJ Cummins Real Estate Backgrounds:

  • Started in 2015, have purchased 3 properties/6 units, now have approximately $85k in equity, monthly cash flow of roughly $700 per month, with an initial investment of only $10k
  • Based in Bethalto, IL
  • Say hi to them at their new real estate blog http://www.ragstonicerrags.com/
  • Best Ever Book: The Book on No and Low Money Down by Brandon Turner

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1729_DJ__Erin_Cummins.mp3
Category:general -- posted at: 8:40am EDT

Dustin had a few different businesses as he was figuring out his path. Once he came across real estate investing, he found his last business. He stopped all the other businesses, which he says required more work and made less money than real estate investing. Now a successful investor, Dustin is also helping others build their own real estate investing businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We’re investing for the long term” - Dustin Heiner

Dustin Heiner Real Estate Background:

  • Host of the Master Passive Income Podcast
  • Active real estate investor who quit his job at 37 thanks to his rental property investing
  • Based in Peoria, AZ
  • Say hi to him at:
  • Best Ever Book: Richest Man in Babylon

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1728_Dustin_Heiner.mp3
Category:general -- posted at: 1:59pm EDT

Ed is a do it all kind of person and investor. He loves helping his clients make great decisions on their investments, as well as doing his own deals. Not to mention he brokers hard money, the “Lending Tree of hard money” as he calls it. Tune in to hear how he gets hard money for his clients, as well as what he tells newer investors as they are breaking into the business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Some lenders have bigger names and people think they are better because of their name” - Ed Hendrickson

Ed Hendrickson Real Estate Background:

  • Full time real estate professional, focuses on helping others invest while building his portfolio
  • First year as a real estate business owner, he assisted in closing over $20 million in transactions
  • Based in Hoboken, NJ
  • Say hi to him at https://www.hardmoneyproject.com/
  • Best Ever Book: A Million Bucks by 30

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1727_Ed_Hendrickson.mp3
Category:general -- posted at: 12:07pm EDT

Alex is an entrepreneur and real estate investor, when he’s not busy with landscaping, he’s working on his own deals. When Alex wanted to start, he didn’t have the cash to get started, his first deal he was able to trade landscaping services for a down payment on a seller financed deal. After that, Alex teamed up with an experienced investor (money partner) and has been completing deals since then. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Every deal will test you, some worse than others” - Alex Holt

Alex Holt Real Estate Background:

  • Owner of Buying Cincinnati Houses
  • Has done over 10 deals with no cash out of pocket
  • Completed several land contract deals that he was able to flip with little more than sweat equity
  • Based in Cincinnati, OH
  • Say hi to him at https://www.facebook.com/alex.holt.777
  • Best Ever Book: Rich Dad Poor Dad

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1726_Alex_Holt.mp3
Category:general -- posted at: 9:29am EDT

We received a couple of great questions over the last week, and decided to answer them today on Follow Along Friday. Joe will answer a question about getting a potential seller to want to sell, as well as responding to a question about who controls the bank account in an apartment syndication. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Get curious, what could be their motivation?”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1725_Follow_Along_Friday.mp3
Category:general -- posted at: 11:32am EDT

Time to get back into financing for apartment syndication deals. Today Theo will be discussing the top agency loans available. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“There is a required occupancy of at least 90%”

Free Loan Program Spreadsheet:

http://bit.ly/toploanprograms

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1724_-_SS_56_-_Series_16_-_Part_2.mp3
Category:general -- posted at: 1:17pm EDT

Another week, another syndication school series. This week, Theo is discussing financing for your apartment syndication deals. He’ll be covering all the different options, recourse vs. non recourse, and discussing a loan guarantor. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Different loan officers specialize in different loan types”

Free Loan Program Spreadsheet:

http://bit.ly/toploanprograms

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1723_-_SS_55_-_Series_16_-_Part_1.mp3
Category:general -- posted at: 8:56am EDT

Mike’s real estate career started off a little unusual compared to most, as his first deal was in Russia. After that deal, Mike started buying duplexes and small multi’s in Texas. He wanted to get out of the landlord life, so he sold half of his portfolio. Now Mike is raising capital for deals, and has helped investors acquire over 3,800 multifamily and self storage units. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Real estate investing is a relationship business” - Mike Krieg

Mike Krieg Real Estate Background:

  • Co-founder of Steeple Rock Partners, LLC
  • Has been investing in real estate for 14 years
  • Has helped provide investor funds to purchase 3,800 apartment and self storage units worth $300M
  • Based in Austin, Texas
  • Say hi to him at https://www.steeplerockpartners.com/
  • Best Ever Book: Think and Grow Rich

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1722_-_Mike_Krieg.mp3
Category:general -- posted at: 8:51am EDT

Most of us know by now that our national real estate market is cyclical. With that in mind, Ryan and Mark have created a fund for investors as well as themselves to get conservative returns, while also growing the fund. We’ll hear about what assets they invest in and what they look for with potential deal. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“A lot of investors today read the PPM but don’t really think about what is the senior debt? Debt in a recession is what gets everyone in trouble” - Ryan Andrews & Mark Khuri

Ryan Andrews & Mark Khuri Real Estate Backgrounds:

  • Founders and managers of Aerial Investment Management.
  • In 2018, they launched the Recession Resistant Fund. A diversified real estate fund for passive investors targeting asset classes that are designed to perform through a recession or a volatile market cycle.
  • Fund has invested in 7-10 deals as an equity partner
  • Based in Bend, OR
  • Say hi to them at http://bit.ly/2N3vd3v
  • Best Ever Book: When Genius Failed

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1721_Ryan_Andrews_and_Mark_Khuri.mp3
Category:general -- posted at: 9:36am EDT

Antoine has been investing in real estate for four years now, and he’s only 23. Turnkey was not always the business plan, but that is what the company has grown to. Just two years ago, they did 10 houses, last year they did 60, this year they’re on track to complete 100 deals. Learn what he does to grow his business to 100 deals per year in four years. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“From the networking, I had a pool of people that were interested in turnkey rentals” - Antoine Martel

Antoine Martel Real Estate Background:

  • 23 year old real estate investor
  • Does 100 flips per year (turnkey rentals), owns a 20 unit apartment building
  • Based in LA, CA
  • Say hi to him at https://martelturnkey.com/
  • Best Ever Book: The 10X Rule

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1720_Antoine_Martel.mp3
Category:general -- posted at: 11:55am EDT

Edgar took over a struggling janitorial company at the age of 23 in 2008. He took that struggling business and grew it into a successful commercial and construction cleaning company, helping investors clean up their properties after construction. It wasn’t always easy, Edgar worked two jobs for some time. He’s had success, but some of the business slowed for a while, Edgar did not given up, he’s working harder than ever to get his business to levels it has never reached. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I didn’t know how I would pay the bills, but I knew that if I kept learning, and putting myself out there, I would make it” - Edgar Aguilar

Edgar Aguilar Real Estate Background:

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1719_Edgar_Aguilar.mp3
Category:general -- posted at: 11:03am EDT

Last Follow Along Friday, Theo mentioned that he has decided to sell his 12 unit portfolio. Joe was taken by surprise and wanted to really dive into the story with Theo on another episode of Follow Along Friday, rather than quickly mentioning it in last week’s episode. We’ll hear the mistakes Theo made, which is part of the reason why he’s selling now. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Anytime I had a few months of cash flow, I’d have to spend that cash flow to fix something else” - Theo

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1718_Follow_Along_Friday.mp3
Category:general -- posted at: 11:07am EDT

Now it’s time for the second and last part of this Syndication School series on submitting your apartment syndication deals. Theo is diving deep into the details so you can walk away from these two episodes know exactly how to submit your offers on large apartment communities. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Based off the seller’s motivation and everything you learned in the underwriting process, either submit your offer, or decide to walk away”

Free LOI Examples:

http://bit.ly/loiexamples2 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1717_-_SS_54_-_Series_17_-_Part_2.mp3
Category:general -- posted at: 8:40am EDT

Get ready for some more syndication knowledge bombs from our resident apartment syndication instructor, Mr. Theo Hicks. He’ll be taking another step forward in the syndication process, explaining step-by-step how to submit your apartment offers. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If there isn’t a price listed, there are a few ways to get a ballpark idea of what the price will be”

Free LOI Examples:

http://bit.ly/loiexamples2 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1716-_SS_53_-_Series_17_-_Part_1.mp3
Category:general -- posted at: 9:33am EDT