Best Real Estate Investing Advice Ever

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

Shoshana is a digital media veteran with 30 years of marking management experience on both the agency and client-side. She ran marketing for audible for 4 years before they were purchased by Amazon. She has the skills to help early-stage business’s grow through marketing. In this episode, she gives some great insight on how to think like a marketer when it comes to growing your audience base, whether that is listeners, investors, or distressed properties. 

Shoshana Winter Real Estate Background:

  • Digital media veteran, bringing nearly 30 years of marketing management experience on both the agency and client side
  • Now working at iintoo, the company has managed and raised 357 deals and $600M with a gross asset value of $2.5B
  • Based in NYC, NY
  • Say hi to her at https://www.iintoo.com/

Best Ever Tweet:

“I think it’s not just about being lazy, I think we become lazy because we lost faith perhaps.” - Soshana Winter

Direct download: JF_2014_Shoshana_Winter_1.mp3
Category:general -- posted at: 7:00am EDT

Michael has been in career advising and business consulting for about 25 years now. Before he found his calling he was at a job he was good at but no longer had any passion for and in fact, was making him depressed. Michael went to a career counselor in search of some help because he wanted to find something different and all that did was make him more depressed because they had him apply to 150 jobs and he only had one response. He later realized it wasn’t him or his resume per se but his strategy on how to find work. He shares five solutions he uses to help many of his clients during transitions to find careers that bring them fulfillment. He also shares an amazing tip on how to network instead of the old-fashioned way.

Michael Alan Tate Real Estate Background:

Best Ever Tweet:

“Ask for a job, and you will get advice. Ask for advice and you will find a job. ” - Michael Alan Tate

Direct download: JF_2013_Michael_Alan_Tate.mp3
Category:general -- posted at: 7:00am EDT

Leslie grew up around entrepreneurship and investing in real estate. Her family invested in real estate when she was growing up, and she and her brother had to clean the houses and paint them. Joe and Leslie discuss how and what she plans to do with her family when she passes the torch to her son and she shares the six steps from her book Legacy “A guide to successfully transferring wealth from one generation to the next.” 

Leslie Quinsay Real Estate Background:

  • Has a real estate portfolio of around 30 properties, with experience in both commercial and residential
  • Previously owned and sold a 30,000 sq. ft. office building
  • Based in Toronto, Canada
  • Get her book at https://amzn.to/2Tka0XI 
  • Say hi to her at https://lesliequinsay.com/

Best Ever Tweet:

"At the end of the day your role is to be the captain of this team, so you pull all these experts together, but it's really up to you to guide the team and make sure that the things they put together are things you want for your family." Leslie Quinsay

Direct download: JF_2012_-_Leslie_Quinsay.mp3
Category:general -- posted at: 7:00am EDT

This is part 2/2 of a Syndication Series Theo started in Episode JF2010 where he goes over the best tips and advice he gained from the speakers and conversations he had with other investors at the Best Ever Conference 2020 in Key Stone, Colorado. The Best Ever Conference hosts many great speakers who talk on multiple real estate investing topics but the ones Theo will be sharing today are focused on Apartment Syndication. Enjoy this episode as he explains his takeaways from day one of the conference and what he felt was very helpful from different speakers.  

 

Best Ever Tweet:

“As a GP this is obviously a good thing because if it's just a straight up profit split you end up making more money, as opposed to having to give away 8%, 10% of the deal before you make a profit split ” - Theo Hicks

Direct download: JF_2011_-_SS_122_-_Series_57_-_Part_2.mp3
Category:general -- posted at: 7:00am EDT