Best Real Estate Investing Advice Ever

Chris is the COO of DLC Management Corp and he currently oversees DLC’s a portfolio of $3 billion. Their goal is to buy value-add properties that are underlease or undermanaged. He explains in detail what a value-add property is and how they analyze if it is a good buy or not. 

Chris Ressa  Real Estate Background:

  • COO of DLC Management Corp
  • Currently oversees DLC’s asset portfolio of $3 billion
  • 15 years of real estate experience
  • Located in Elmsford, New York
  • Say hi to him at:https://www.dlcmgmt.com/ 

 

 

 

Best Ever Tweet:

“Don’t be seduced by the price dropping.” - Chris Ressa

Direct download: JF_2055_Chris_Reesa.mp3
Category:general -- posted at: 7:00am EDT

Steve is the Vice President of Education for Mynd Property Management. Steve owned a property management company managing about 1000 SFR and he is also an airline pilot for United Airlines. In this episode, he shares the challenges and the psychological issues he was facing when it came to selling his successful business. 

The previous episode Steve Rozenberg was on - https://joefairless.com/podcast/jf172-pros-and-cons-of-investing-in-low-income-properties/

 

Steve Rozenberg Real Estate Background:

  • Vice President of Education for Mynd Property Management
  • Educates investors about the benefits of small residential investing with a variety of content, including podcasts, video blogs and more
  • Based in Houston, TX
  • Say hi to him at https://www.mynd.co/
  • Best Ever Book:

 

Best Ever Tweet:

“Are we doing what's best for the team and for ourselves by keeping it, or are we doing what’s best by selling it?” - Steve Rozenberg

Direct download: JF_2054_Steve_Rozenberg.mp3
Category:general -- posted at: 7:00am EDT

In this episode, Theo shares three ways to get cash from the CARES Act. He explains the 401k distribution, Paycheck protection program loan (PPP), and the Economic Injury Disaster Loan (EIDL) in detail so you will be better prepared during this pandemic. 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:

“Understanding the CARES Act can help many individuals.” - Theo Hicks

Direct download: JF_2053_SS_127_Series_62.mp3
Category:general -- posted at: 7:00am EDT

Todd owns a company called Apartment Investor Pro, a company that builds websites for apartment investors. Todd gives different items to keep in mind when creating your own website which includes; back end, front end, hosting, and increasing traffic. 

 

Todd Heitner Real Estate Background:

  • Has been building websites for real estate investors for the past 15 years
  • His business, Apartment Investor Pro, takes the pain out of setting up a website for your multifamily investing business
  • Based in Roanoke, VA
  • Say hi to him at www.apartmentinvestorpro.com 
  • Best Ever Book:

 

Best Ever Tweet:

“When choosing a website designer you want to focus on communication. Make sure you choose someone who is easy to communicate with and can understand your goals and vision.” - Todd Heitner

Direct download: JF_2052_Todd_Heitner.mp3
Category:general -- posted at: 7:00am EDT

Travis is the CEO of Tribevest and shares the story of how Tribevest came to be and explains how they are being impacted by the coronavirus pandemic. He also shares what he is noticing in other tribes and how they are approaching the market. 

Travis Smith Real Estate Background:

  • Founder and CEO of Tribevest
  • He is a partner in several investment groups that invest in single-family rentals, multifamily, and commercial real estate
  • From Columbus, Ohio
  • Say hi to him at: www.tribevest.com

 

Best Ever Tweet:

“When everyone is panicking and selling, our tribes are pulling capital together, so when the time is right, they will be able to take advantage of great deals.” - Travis Smith

Direct download: JF_2051_Travis_Smith.mp3
Category:general -- posted at: 7:00am EDT

Shannon has 25+ years of real estate experience owning 500+ properties, experienced builder, and syndicator. His family has always been in real estate where dinner conversations consist of real estate deals. In this episode Shannon shares the ways he is approaching his investors and residents to make sure they are all taken care of and his business stays safe. 

 

Shannon Robnett Real Estate Background:

  • 25+ years of real estate investing experience
  • Developer, builder, and syndicator in multi-family and industrial
  • Currently owns 500+ properties
  • From Meridian, Idaho
  • Say hi to him at www.shannonrobnett.com  

 

 

 

Best Ever Tweet:

“Communicate early and often” - Shannon Robnett

Direct download: JF_2050_Shannon_Robnett.mp3
Category:general -- posted at: 7:00am EDT

Alex is a returning guest from episode JF2021. Alex is a managing partner at Seacoast Financial Planning and a partner with Lexdan Real Estate. In this episode, he shares seven deadly signs to say no in business, a deal, or a partnership to make sure you avoid headaches.

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 lexdanre@gmail.com 

 

Best Ever Tweet:

“Don’t say yes to every $50k that you have in the door and say yippie. Talk yourself out of business from time to time to be one of the good guys. ” - Alex Talcott

Direct download: JF_2049_Alex_Talcott_.mp3
Category:general -- posted at: 7:00am EDT

Erik left corporate America after 20+ years and the catalyst to push him towards another path was getting laid off for the second time. He started by reading Robert Kiyosaki's book “Rich Dad Poor Dad” and the rest is history. He now is the Founder/Co-founder and Host/Co-host of multiple businesses and podcasts.

Erik Cabral Real Estate Background:

  • Founder/Co-founder and host/Co-host of multiple businesses and podcasts
  • Left corporate America after 20+ years, and jumped headfirst into real estate investing
  • Helps investors grow their capital with different real estate investments and sits on the board of the South Jersey Real Estate Investment Association (SJREIA)
  • Based in NYC, NY
  • Say hi to him at www.podmax.co  

 

 

 

Best Ever Tweet:

“Doubling down on your strengths” - Erik Cabral

Direct download: JF_2048_Erik_Cabral.mp3
Category:general -- posted at: 7:00am EDT

Chris is a partner of REI Nation and he personally owns $12-15M in residential holdings and commercial real estate. Chris has been on the show before on two other episodes, links are provided below. In this unique episode, Chris shares his thoughts on the differences and similarities in the 2008 crash and the current coronavirus pandemic.

Previous Chris Clothier episodes.

https://joefairless.com/3-common-mistakes-forming-business-partnership/

https://joefairless.com/faith-will-ruin-real-estate-business/

 

Chris Clothier Real Estate Background:

  • Partner of REI Nation 
  • REI Nation manages an $800 million (M) portfolio consisting of single-family residentials
  • Chris personally owns $12-15M in residential holdings and commercial real estate
  • 18 years of real estate investing experience
  • From Memphis, TN
  • Say hi to him at: www.reination.com   

 

 

 

Best Ever Tweet:

“You need to be in planning mode, you have to plan for the 10 things that could happen.” - Chris Clothier

Direct download: JF_2047_Chris_Clothier.mp3
Category:general -- posted at: 7:00am EDT

In this episode, Theo shares 11 tips for collecting rent from your tenants during the coronavirus pandemic. These ideas and tips are from research around the real estate investment community, from some of our previous guests, and from the Best Ever FaceBook community.

 

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:

“During this pandemic, one idea is to apply your tenant's security deposit towards rent and apply a discount to help your tenant’s out.” - Theo Hicks

Direct download: JF_2046_-_SS_126_-_Series_61_.mp3
Category:general -- posted at: 7:00am EDT