Best Real Estate Investing Advice Ever (general)

Chad started his journey at a bank straight out of college and after 3 months of working there, the crash of 2008 happened and he lost his job. His first house was with a USDA loan where he found a house with a basement where he lived while he rented out the top half of the house. He has recently bought a 15-unit and is now working on a 50-unit +.

Chad Duval Real Estate Background:

  • Worked at a bank out of college, after 3 months of working there, the crash of 2008 happened and he lost his job
  • House hacked his first investment, bought a 9 unit on seller financing, and most recently bought a 15 unit
  • Based in Boston, MA
  • Say hi to him at www.chadduval.com 
  • Best Ever Book:

 

Best Ever Tweet:

“If you can, continually be looking online or networking with everyone and you might actually get more deals.” - Chad Duval

Direct download: JF_2024_Chad_Duvall_.mp3
Category:general -- posted at: 7:00am EDT

Eric Helbock is the definition of hard work and making things happen. He is a full-time teacher who did his first flip in 2010, which took 2 ½ years for him to sell because it needed so much work. He ended up picking up odd jobs to help fund his flip and he was doing the rehab himself because he didn’t have the money to finance anything out. His story is inspiring because he purchased a property most would have given up on, but instead, he figured it out by putting his mind to it.

Eric Helbock Real Estate Background:

  • Full-time technology teacher.
  • He is also a Real Estate Investor; Has bought 8 SF rentals, 10 condos, and 15 unit building, he does his own rehabs, self manages and never buys from MLS, only buys distressed deals.
  • First Flip was in 2010 and it was a flop, taking 2 ½ years to sell it.
  • Poughkeepsie, New york
  • Say hi to him at ibuybrokenhouses@gmail.com 

 

Best Ever Tweet:

“If you're going to waste the time to go look at something, make the offer. Even if you think it's too low, there might be someone like me on the other end who might really need it.” - Eric Helbock

Direct download: JF_2023_Eric_Helbock.mp3
Category:general -- posted at: 7:00am EDT

Stephen is a former Marine Corps Veteran and has owned 300+ Rental Units. He is a business credit expert, in fact, he wrote a book called “The business credit; the complete step by step guide.” He gives some great advice on how to build and maintain credit for your business and shares the three most common mistakes people make when it comes to getting approved for a loan. You will also learn what you can do if you already have a bad business credit score.

Stephen Wible Real Estate Background:

  • Marine Corps veteran, sold, invested, and managed real estate, owned 300+ rental units
  • Business credit expert specializes in helping obtain and manage credit for their business
  • Based in Tampa, FL
  • Say hi to him at https://businesscreditspeaker.com/

 

Best Ever Tweet:

“We call that the “secret sauce,” if you know who reports and who will approve you, then you can very simply just follow a step by step process I laid out in my book ” - Stephen Wible

Direct download: JF_2022_Stephen_Wibble.mp3
Category:general -- posted at: 7:00am EDT

Alex Talcott is a Managing Partner at Seacoast Financial Planning, a Partner with Lexdan Real Estate and he also teaches finances and business law at the university of new Hampshire business school. 

Alex Talcott Real Estate Background:

  • Managing Partner Seacoast Financial Planning
  • Partner with Lexdan Real Estate
  • Teaches finance and business law at the University of New Hampshire business school
  • Previously shared his Best Ever Advice in episode 1923
  • Based in Durham, NH
  • Say hi to him at alex.talcott@ampf.com

Best Ever Tweet:

“Buy Real Estate Two Weeks Ago. ” - Alex Talcott

Direct download: JF_2021_Alex_Talcott.mp3
Category:general -- posted at: 7:00am EDT

Joey is a partner at Wealth Without Wall Street, a financial advisory firm. He is from Birmingham, AL and started off his career in the mortgage business in 2003 learning how to become an underwriter and eventually started to see a niche of opportunity to lend money to individuals who didn’t qualify under the mortgage guidelines. He shares the pros and cons of private lending and also shares a unique deal he did with an auto loan. 

Joey Mure Real Estate Background:

  • Partner at Wealth Without Wall Street, a financial advisory firm
  • Started career in the mortgage business in 2003 
  • Became branch manager and led 25 loan officers, gaining national recognition by 2010
  • Based in Birmingham, AL
  • Say hi to him at http://www.wealthwithoutwallstreet.com/home/ 

Best Ever Tweet:

“In terms of a lending perspective, think like a lender, make sure you're covered and get creative.” - Joey Mure

Direct download: JF_2020_Joey_Mure.mp3
Category:general -- posted at: 7:00am EDT

Adam Southey lost it all in the 2008 market crash and in this episode, he explains how he was able to come back strong from a big setback that took him from full-time investor to W2 employee back to full-time real estate investor all with a sole focus on his new niche, raw land.

Adam Southey Real Estate Background:

  • Raw land investor
  • Invests in raw land and consults with clients to help them do the same
  • Host of the podcast Casual Fridays REI
  • Based in Fort Worth, TX
  • Say hi to him at http://www.casualfridaysrei.com/

Best Ever Tweet:

“Trust but verify.” - Adam Southey

Direct download: JF_2019_Adam_Southey.mp3
Category:general -- posted at: 7:00am EDT

In this episode, Theo joins the myth busters crew and helps you understand why the idea of “you must have a history of multi-family deals to raise money for syndication.” He explains why as long as you have experience in either 1 of 2 other options you can still raise money for your apartment syndication. Listen to the full episode to learn what those two other options are. 

 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Best Ever Tweet:

“The concepts of creating and executing a business plan apply universal, apply to real estate and any other endeavor you go into.” - Theo Hicks

Direct download: JF_2018_-_SS_124_-_Series_59.mp3
Category:general -- posted at: 7:00am EDT

In this episode, Theo shares how he would go about underwriting an apartment syndication deal when there are no LPs or maybe as a joint venture. He uses a simplified cash flow calculator to help him through this process and walks you through what he is doing along the way. Download the FREE calculator so you can follow along with Theo. 

 

FREE DOCUMENT: Simplified Cash Flow Calculator: https://www.dropbox.com/s/pfwff7g1vmhoi95/Simplified%20Cash%20Flow%20Calculator.xlsx?dl=0 

 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

 

Best Ever Tweet:

“Syndication School is a free resource to teach others how to do apartment syndication” - Theo Hicks

Direct download: JF_2017_-_SS_123_-_Series_58_.mp3
Category:general -- posted at: 7:00am EDT

Mark Owens is from Baltimore and has been an active full-time real estate investor for the past 14 years, owns over 100 units, 200 wholesales, and self manages all of his units. Mark believes his secret to having success and having more options than most investors is all due to the way he views decision making. He shares some great examples of how he has been able to separate himself from the heard of real estate investors when it comes to making decisions. 

Mark Owens Real Estate Background:

  • Active full-time real estate investor for 17 years
  • Owns over 100 units, has done around 200 wholesales, self manages all units
  • Units comprised of single families and 7-18 unit multifamilies
  • Based in Baltimore, MD
  • Say hi to him at https://markowens.com/

Best Ever Tweet:

“Manage your properties like a business, not a hobby. ” - Mark Owens

Direct download: JF_2016_Mark_Owens.mp3
Category:general -- posted at: 7:00am EDT

Jacob is a real estate broker based in New York City and he also focuses on raising money for multi-family syndications and has recently completed his first hotel deal. In this episode, he shares how he has been able to build a business through networking by attending events, LinkedIn, and reaching out to others on Facebook.

Jacob Busani Real Estate Background:

  • Real estate broker and syndicator
  • Has been involved in over $157M of real estate closings
  • Based in NYC, NY
  • Say hi to him at Jacobbusani.com 

Best Ever Tweet:

“The deal I didn’t do is the one I lost the most money on. ” - Jacob Busani

Direct download: JF_2015_Jacob_Busani.mp3
Category:general -- posted at: 7:00am EDT