Best Real Estate Investing Advice Ever (general)

Jacob Vanderslice, principal of VanWest Partners, joins host Ash Patel on the Best Ever Show. In this episode, Jacob provides a comprehensive look at the state of self-storage. He breaks down the impact floating-rate debt has had on the sector, how securing financing has changed, and the changing face of self-storage demand. He also shares how he navigates the tricky world of rate increases with his tenants.


Previous Episode: JF2537: Why NOT to Invest in Self-Storage

Jacob Vanderslice | Real Estate Background

  • Principal, Investor Relations
  • VanWest Partners
  • Portfolio:
    • 3.4 MM total square feet of self storage space, including just under 40 properties and about 20K units
  • Based in:  Denver, CO
  • Say hi to him at: 
  • Best Ever Book: Into the Silence by Wade Davis

Sponsors:

Viking Capital

Baselane

InvestHER

Direct download: JF_3519_Jacob_Vanderslice.mp3
Category:general -- posted at: 3:00am EDT

In this episode of the Best Ever Show, hosts Ash Patel, Slocomb Reed, and Joe Cornwell convene for another Roundtable. In this episode, the guys recap their biggest takeaways from the Best Ever Conference, including why interest rates aren’t coming down anytime soon, how the media’s clickbait culture has misled investors, and why retail vacancy is at an all-time low and non-residential real estate is on fire while the multifamily sector continues to struggle.

Get your tickets to Best Ever Conference 2025 here.

Sponsors:

Viking Capital

Baselane

InvestHER

Direct download: JF_3518_Post_Conference_Roundtable_.mp3
Category:general -- posted at: 5:05am EDT

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, John Wilhoit Jr., an asset manager who owns 10,000 units, joins Slocomb to discuss how to assess capital expenditure needs ahead of an acquisition, including a case study breaking down what he’d expect in an old building, the challenges that property would provide, and how to overcome them.

 

Previous Episode: JF140: How Much do Multifamily Asset Managers Get Paid?

Sponsors:

Viking Capital

Baselane

Direct download: JF_3517_Due_Diligence_Show_7_-_John_Wilhoit.mp3
Category:general -- posted at: 3:04am EDT

Kiyoshi Simon and Amanda Han join host Slocomb Reed on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, they discuss tax compliance, financial health checks, and why your tax strucutres need to evolve along wiht you and your real estate business. They also share the tax mistake investors make that drive CPAs crazy, and how to avoid them.

Sponsors:

Viking Capital

Baselane

Direct download: JF_3516_Kyoshi_Simon_and_Amanda_Han.mp3
Category:general -- posted at: 5:29am EDT

John Chang, head of research at Marcus and Millichap, joins host Joe Cornwell on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, John discusses the state of commercial real estate, including why retail is so hot right now, the state of the office market, and why multifamily investors in certain markets should be wary of rent control risks. He also breaks down the housing shortage, providing historical context and the truths most overlook.

Sponsors:

Viking Capital

Baselane

Direct download: JF_3515_John_Chang_.mp3
Category:general -- posted at: 4:06am EDT

Investors Liam Delumpa and Ian Cruz joined host Slocomb Reed on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, they discuss the conference experience, including networking, partner hunting, and the value of gaining knowledge from fellow investors who are on the ground every day, doing the work. They also discuss learning from master capital raisers, doing your first out-of-state multifamily deal, and not buying out of FOMO.

Liam Delumpa and Ian Cruz | Real Estate Background

  • Manager of Finance at a Venture Capital Firm
  • Based in:  San Jose, CA
  • Say hi to him at: 
    •  IG: @cincycashflow
  • Best Ever Book: Atomic Habits by James Clear

Sponsors:

Viking Capital

Baselane

Direct download: JF_3514_Liam_Delumpa_and_Ian_Cruze.mp3
Category:general -- posted at: 6:11am EDT

Matt Fore, partner at Next-Level Income, joins host Joe Cornwell on the Best Ever Show. In this episode, Matt discusses finding good property managers and the keys to building a successful partnership. He also shares his strategy for getting tech professionals to invest in his deals, the benefits of diversifying into income streams, and why he’s currently bullish on mobile home parks.

Matt Fore | Real Estate Background

Sponsors:

Viking Capital

Baselane

Direct download: JF_3513_Matt_Fore_.mp3
Category:general -- posted at: 3:58am EDT

Mark Purtell and Preston Hartsell of CTC Capital Management join Slocomb Reed on the Best Ever Show. In this episode, Mark and Preston discuss bringing co-GP equity to deals, when to focus on IRR, and what kind of IRRs they’re currently targeting.

Mark Purtell and Preston Hartsell | Real Estate Background

  • Head of Real Estate Acquisitions and Development | CTC Capital Management
  • Based in:  Chicago, IL
  • Say hi to him at: 
  • Best Ever Book: The Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History by William Rempel

Sponsors:

Viking Capital

Baselane

 

Direct download: JF_3513_Mark_Purtell_and_Preston_Hartsell_.mp3
Category:general -- posted at: 5:36am EDT

Michael Parrott, Director of Acquisitions for Suncap Real Estate, discusses his background and entry into real estate, as well as his focus on flex industrial and grocery anchored retail assets in the Southeast. He explains the advantages of investing in flex industrial properties, such as predictable supply and affordability for tenants. Parrott also shares a case study of a successful investment in Elk Mountain Business Park. He discusses the strategy for investing in grocery anchored retail centers and the importance of underestimating insurance rates. Parrott recommends the book 'Faith Driven Investing' and highlights the Fellowship of Christian Athletes as an organization he supports.

Takeaways:

  • Flex industrial properties offer predictable supply and affordability for tenants.
  • Investing in grocery anchored retail centers can provide higher yields and lower risk.
  • Underestimating insurance rates can lead to unexpected expenses in real estate deals.
  • The book 'Faith Driven Investing' explores the intersection of faith and business.
  • The Fellowship of Christian Athletes is an organization that Michael Parrott supports.

Michael Parrott | Real Estate Background

  • Director of Acquisitions at SunCap, Founder of Mill Ridge
  • Based in:  Pompano Beach, Florida
  • Say hi to him at: 
  • Best Ever Book: Mastering the Market Cycle by Howard Marks

Sponsors:

Viking Capital

Baselane

 

Direct download: JF_3512_Michael_Parrott_.mp3
Category:general -- posted at: 1:12am EDT

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Jonathan Bombaci, founder of Candor Realty, joins Slocomb to discuss his due diligence process, specifically how to discover creative value-add opportunities.

Jonathan Bombaci | Real Estate Background

Sponsors:

Viking Capital

Baselane

Direct download: JF_3511_Due_Diligence_Show_6_-_Jon_Bombaci_.mp3
Category:general -- posted at: 3:00am EDT