Best Real Estate Investing Advice Ever with Joe Fairless (general)

Joe and Theo base today’s Follow Along Friday on a listener question. The listener wants to get started in real estate but doesn’t know how to do that. Joe has some solutions, but ultimately it comes down to what is best for you. We’ll also get the usual business updates and a Black Friday discount code for the 2018 Best Ever Conference in February.

 

Best Ever Tweet:

“It’s up to you”

 

Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1179_Follow_Along_Friday.mp3
Category:general -- posted at: 9:59am EST

Clayton and his wife were in severe debt, and rather than sit around let it get worse, they took action. Fast forward to today, and they are both successful separately and together. Clayton is an agent as well as a real estate investor. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“I believe that anyone can do this thing, but not everyone will” - Clayton Gits

 

Clayton Gits Real Estate Background:

  • Owner/agent with EXP Realty and established The Gits Group in '07
  • Licensed Real Estate Agent, Certified High Performance Coach, VISION CASTER, AND DREAM BUILDER.
  • Started in Real Estate in 2005 with 10K in the bank and a dream
  • In 2005 he changed careers, married the love of his life, and found out he had cancer


Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.


They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1178_Clayton_Gits.mp3
Category:general -- posted at: 5:00am EST

When he came to America for work, he shortly realized he was here for good. Geremy almost immediately started looking for ways out of the corporate world. He enjoys house flipping, he has flipped over 250 houses and knows where in the process each house is at any time, thanks to the system he uses to keep track of everything. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“It’s enabled me to build out systems in every single function” - Geremy Heath

 

Geremy Heath Real Estate Background:

  • Owner and director of Texas All Cash Home Buyers, which he founded with his wife Melanie in 2009
  • Primary focus is the redevelopment of single family homes in the San Antonio area
  • Flipped over 250 properties, currently has a goal with his team to complete more than 100 rehabs this year
  • Originally from Sydney Australia, Geremy moved to the US in 2006
  • Prior to real estate, he worked as a management consultant for 12 years
  • Based in San Antonio, Texas
  • Say hi to him at www.TexasAllCash.com
  • Best Ever Book: The Master Key System



Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1177_Geremy_Heath.mp3
Category:general -- posted at: 9:10am EST

Bruce has over 47 years of experience in financial services, with an emphasis on real estate. Today he’ll share case studies with us on how he has been able to save his clients a lot of tax money. We’ll hear how a client who is a flipper is able to take his gains from a flip, use them to buy another flip, deferring the taxes until he doesn’t want to buy anymore properties. We’ll also hear about an alternative to 1031 exchanges that defers paying taxes, but does not force you to buy more real estate, along with more unique strategies Bruce helps his clients with. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“It’s really a pretty simple thing to do, it’s just not well known” - Bruce Jones

 

Bruce Jones Background:

  • President/CEO of TaxWealth, LLC, a tax analysis and solutions research company
  • Over 23 years he has served owners of real estate, privately-held businesses and other appreciated assets.
  • Contributing editor to real estate and other industry publications, writes on tax planning issues and speaks extensively on this topic.
  • Discusses strategies for reducing taxes on flips and rentals without doing a 1031 exchange.
  • Based in Orange County, California
  • Say hi to him at www.capitalgainstaxplan.com or 949-627-8724
  • Best Ever Book: Good to Great by Jim Collins



Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1176_Bruce_Jones.mp3
Category:general -- posted at: 9:39am EST

Tim specializes in high end SFR rentals, and contrary to popular belief, he prefers to buy his properties for the appreciation. He’ll even lose $200 to $300 per month if he believes the property will appreciate and be worth more in the long run. He also has another different strategy for when his tenants lease comes to an end. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Buy quality, you’re never gonna regret it” - Tim Shiner

 

Tim Shiner Real Estate Background:

  • Specialize in high end Rentals in the Dallas,Texas market
  • Creating a revenue stream for landlords from departing renters, with a focus on superior school districts for appreciation
  • Has 153 doors, with 19 being high end residential and the rest multifamily
  • Based in Dallas, Texas
  • Say hi to him at www.timshiner.com
  • Best Ever Book: Cash Flow Quadrant

 

Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1175_Tim_Shiner.mp3
Category:general -- posted at: 8:42am EST

Today’s guest has written several books. Honorée says that writing a book can separate you from the crowd, and you’ll become the go to expert in your field. She likes to help other entrepreneurs write and publish their own books. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!  

 

Best Ever Tweet:

“Write a book about advice you would give to your ideal client” - Honorée Corder

 

Honorée Corder Background:

  • Chief Writer and Author, TEDx Speaker - ‎Honorée Enterprises Publishing, LLC.
  • Hal Elrod’s business partner in The Miracle Morning book series
  • Coaches business professionals, writers, and aspiring authors who want to publish their books to bestseller status
  • Author of several books, including The Prosperous Writer book series and Vision to Reality
  • Based in Austin, Texas
  • Say hi to her at www.HonoreeCorder.com

 

Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1174_Honoree_Corder.mp3
Category:general -- posted at: 10:58am EST

If you’re wanting to learn how to scale your business, this episode is for you. We’ll hear a lot about property management, but we’ll also hear key principles and values that have helped Kevin grow Renters Warehouse to what it is today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Treat all tenants evenly” - Kevin Ortner


Kevin Ortner Background:

  • President and CEO of Renters Warehouse, the nation’s largest and fastest-growing residential property management company
  • Author of Rent Estate Revolution
  • Increased the company’s managed assets to more than $3 billion in residential real estate
  • Company services over 13,000+ investors and close to 20,000 properties under management in 42 markets and in 25 states
  • A former corporate pilot flying high as an entrepreneur
  • Based in Minneapolis, Minnesota
  • Say hi to him at http://renterswarehouse.com/
  • Best Ever Book: The Compound Effect



Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1173_Kevin_Ortner.mp3
Category:general -- posted at: 12:10pm EST

Joe and Theo are back with updates of their businesses and what they have learned that can help us. Recently, Joe has had some “red flags” come up with potential investors. These red flags have caused him to not work with a couple of potential investors. Tune in to hear what the issues are that makes Joe not want to work with investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“If they’re just not trusting you as a person, that’s a red flag”

 

Mentioned In This Episode:

Blink By Malcolm Gladwell


Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1172_Follow_Along_Friday.mp3
Category:general -- posted at: 8:50am EST

Living in South Carolina and running a residential real estate firm in Syracuse, New York, Bob has become a master of targeting different people for different reasons. We’ll hear how to create great content, and most importantly how to get relevant content to the right people. Bob says you can waste a lot of money by putting out the wrong content. More specifically, great content is a waste if not delivered to the right crowd in the right way. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Any investors out there that are trying to find deals, social media is definitely a way to do that.” - Bob McTague

 

Bob McTague Real Estate Background:

  • The "Team Leader" of CNY Agent Team of RealtyUSA
  • Began as real estate investor, then got into helping residential clients
  • Has built a highly profitable team of agents
  • Over 11 years in helping buyers, sellers, and real estate investors
  • Since 2008, has been the top team in the Central New York area helping 200 people each year.
  • Based in Syracuse, New York
  • Say hi to him at 315-882-6610
  • Best Ever Book: How to Win Friends and Influence People

 

Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1171_Bob_McTague.mp3
Category:general -- posted at: 9:36am EST

Today we’ll learn a unique way to structure a syndication, and how to find off market apartment communities. Dylan and his team have a great system in place, (wholesaled an apartment community for $400k profit) but it didn’t come easy. They prospect properties everyday, tune in to hear exactly what they are doing that works. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“When you’re focused on buying right, it’s never a bad market” - Dylan Borland



Dylan Borland Real Estate Background:

  • CEO & Chairman of The Borland Group, a full service real estate investment firm
  • Since 2006 Dylan has completed 2,000+ real estate investment transactions
  • Averaging over 100 fix and flips a year, held a portfolio of 108 SF rentals
  • Currently building a $100M portfolio of Multi Family over the next 5 years
  • Based in Livonia, Michigan
  • Say hi to him at dylan@borlandcapital.com
  • Best Ever Book: A Course on NLP



Made Possible Because of Our Best Ever Sponsors:

 

Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days.

They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today.

Direct download: JF_1170_Dylan_Borland.mp3
Category:general -- posted at: 9:13am EST