Best Real Estate Investing Advice Ever with Joe Fairless
JF128: Crash Course on Financial Modeling for Real Estate Investing

Today’s Best Ever guest shares with you why financial models are important and how to use them. Plus, he tells you why it’s important to learn the story behind the property.

 

Tweetable quote:

A financial model is a story telling tool.

 

Bruce Kirsch’s real estate background:

-        President of Real Estate Financial Modeling, a financial modeling provider for Excel spreadsheets, training and consulting based in Atlanta

-        Assisting principals in capital raises and has helped clients raise multiple of billions of dollars debt and equity on their projects

-        Has served as an Adjunct Faculty member in real estate finance at Georgetown University

 

 

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Direct download: JF_128_Bruce_K.mp3
Category:archive1 -- posted at: 12:30am EDT

JF127: This Unique Approach Closed 5,000 Apt Units in 10 years

Today’s Best Ever guest tells you how he created a company from scratch that went on to do over $1,000,000,000. Learn the business model he initially employed and how he evolved his business over time.

 

Tweetable quote:

Find something you do better than others then exploit as long as possible.

 

Nick Jekogian’s real estate background:

-        President & CEO of Signature Group based in New York City

-        Over 25 years in real estate and started with his first apartment building in Philadelphia 

-        Has since made more than 1,000 separate equity, debt or corporate acquisitions with deal value in excess of $1,000,000,000 (yes, billion!)  

-        Co-Author of Your Turn: Two Brothers Transforming Themselves and Their Relationships Through Long-Distance Running

 

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Direct download: JF_127_Nick_J.mp3
Category:archive1 -- posted at: 12:30am EDT

JF126: How to Do Over 100 Transactions WITHOUT Bank Loans

Today’s Best Ever guest tells you how you can do transactions without relying on those darn bank loans.

Tweetable quote:

You are in the people business not the property business.

 

Brian Reed’s real estate background:

-        Outside Partner at Top Dollar House Buyers based in Richmond, Virginia

-        Over 10 years of real estate experience and controls over $8,000,000 in real estate

-        Focuses on seller financing, lease-purchases and subject to. Offers a private investor program with 8-10% interest rates secured by properties at only 50% LTV or less.

 

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Direct download: JF_126_Brian_R.mp3
Category:archive1 -- posted at: 12:30am EDT

JF125: What’s the Smallest Loan Size You Can Get?

Today’s Best Ever guest specializes in loans around 90k but have you ever wondered how small of a loan can you actually get from a traditional lender? He reveals that and much, much more.

 

Tweetable quote:

Don’t try to guess the future. Just look at the past

 

Steve Binghaus’s real estate background:

-        Over 24 years of experience in the mortgage industry

-        Branch Manager at Security National Mortgage Company based in Everrett, Washington

-        Originates about 300 loans a year

-        Say hi to him at http://teambighaus.com/  

 

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Sponsored by Cozy - Simple, free online rent payments, tenant screening and credit checks. Get Cozy for free at cozy.co  

Direct download: JF_125_Steve_B.mp3
Category:archive1 -- posted at: 12:30am EDT

JF124: 4 Steps to Bringing on Team Members| #skillset sunday

What if you could multiply yourself by 3? Today we talk about the importance of bringing on interns and team members and the 4 steps to making it a win-win. 

 

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Sponsored by Cozy - Simple, free online rent payments, tenant screening and credit checks. Get Cozy for free at cozy.co  

Direct download: Skillset_Sunday_1.4.15.mp3
Category:archive1 -- posted at: 12:17pm EDT

JF123: Want a Loan? MUST Listen.

Today’s Best Ever guest tells you the difference between Fannie May and Freddie Mack and how to get approved for the each of the programs.

Tweetable quote:

Major banks have overlays.

 

Shaun Weeks’s real estate background:

-        Outside Loan Officer for Banc Home Loans and he is based in Ontario, California 

-        Been in the industry for 10 years and have expensive knowledge of FHA, Fannie and Freddie loan programs

-        Licensed in 48 states and does both purchase and refinance loans

 

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Sponsored by Cozy - Simple, free online rent payments, tenant screening and credit checks. Get Cozy for free at cozy.co  

 

 

Direct download: JF_123_Shaun_W.mp3
Category:archive1 -- posted at: 2:30am EDT

JF122: How to Start Slow and Steady Then Go Fast and Furiously

Today’s Best Ever guest shares how to get started in real estate and how you can too. Already started? That’s fine. He also shares how to go from a couple properties to a large portfolio.

 

Tweetable quote:

Cap rate should exceed interest rate on property.

 

David Campbell’s real estate background:

-        CEO of Hassle Free Cash Flow Investing based in Benicia, California (Benicia)

-        Say hi to him at www.Hasslefreecashflowinvesting.com 

-        David has been a principal or key advisor to over $800 million of real estate transactions including apartments, office, retail, hospitality, winery, condo-conversion and home building

-        As a real estate syndicator, he has raised and managed over $30 million of private equity invested in real estate developments

-        Author of an ebook called Hassle Free Cash Flow Investing 

 

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Sponsored by Cozy - Simple, free online rent payments, tenant screening and credit checks. Get Cozy for free at cozy.co  

Direct download: JF_122_David_C.mp3
Category:archive1 -- posted at: 12:30am EDT

JF121: Crowdfunding Tips from a Crowdfunding Wizard

Today’s Best Ever guest shares with you how to be successful at crowdfunding and the types of deals crowdfunding sites look for when picking which ones to offer to their investors.

Let’s go!

 

 

Tweetable quote:

 

Swim against the stream.

 

Nav Athwal’s real estate background:

-        Co-founder and CEO of RealtyShares, an online marketplace for Accredited Investors to securely invest as little as $5,000 into private real estate investment properties

-        Guest Lecturer to UC Berkeley Law

-        Electrical engineer turned attorney turned real estate entrepreneur based in San Francisco, California

 

 

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Sponsored by Cozy - Simple, free online rent payments, tenant screening and credit checks. Get Cozy for free at cozy.co.

 

Direct download: JF_121_Nav_Athwal.mp3
Category:archive1 -- posted at: 12:30am EDT

JF120: How to Use Hard Money to Buy Deals

Today’s Best Ever guest shares how he uses hard money to structure his fix and flip deals. He also talks about how he takes his profits from his flips and puts it into long-term holds. Let’s go!

 

Tweetable quote:

The follow up is the key.

 

 

Mark Gagner’s real estate background:

-        Founder of Bridge Equity Group based in San Jose, California, a real estate company focused on investing in single and multi-family properties

-        Owns single family homes in Atlanta, student housing in Philadelphia and managing partner for 172-unit in Longview, TX

 

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Sponsored by: Twenty Four Sound – visit www.twentyfoursound.com and mention "bestever" for an exclusive 20% discount on your purchase.

Direct download: JF_120_Mark_G.mp3
Category:archive1 -- posted at: 12:30am EDT

JF119: The Anatomy of a $1,000,000 Flip

Today’s Best Ever guest flips homes that are over $1,000,000 and he talks about a case study and how he makes a living out of luxury flips. He has a fascinating career path from buying and holding to land development and now flipping multi-million dollar homes.

 

Tweetable quote:

 

Focus on one thing and do it well.

 

Will Barnard’s real estate background:

-        Founder of Barnard Enterprises, Inc. based in Santa Clarita, CA

-        full time investor and developer focused on flipping luxury homes with values over 1MM

-        Does millions worth of real estate transactions every year  

-        Say hi to him at http://www.barnardenterprises.com/

 

 

Subscribe in  iTunes  and  Stitcher  so you don't miss an episode!

 

 

Sponsored by: Twenty Four Sound – visit www.twentyfoursound.com and mention "bestever" for an exclusive 20% discount on your purchase.

Direct download: JF_119_Will_B.mp3
Category:archive1 -- posted at: 12:30am EDT