Best Real Estate Investing Advice Ever

Mauricio has been building his real estate portfolio and is invested in passively in other deals. He currently owns 48 units, we’ll hear about his first 16 unit apartment syndication, and what he’s learned along the way. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Take action, don’t wait until you have learned everything on the subject” - Mauricio Ramos

Mauricio Ramos Real Estate Background:

  • Full time real estate investor and accredited investor
  • Founder & Managing Member of de Medici Group
  • Currently controls over $2M in multifamily assets
  • Based in San Antonio, TX
  • Say hi to him at https://www.demedicigroup.com/

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1930_Mauricio_Ramos.mp3
Category:general -- posted at: 6:07pm EDT

Mark is a credit union and business lending expert. He’s joining us today to talk to us a little bit about credit union loan products. Sometimes people are not aware that credit unions loan money for real estate investments. Mark will tell us how to approach credit unions and what the pros and cons of using them are. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Do what you know and understand the product that you’re getting into” - Mark Ritter

Mark Ritter Real Estate Background:

  • CEO of MBFS and an expert in credit unions and business lending
  • Ran a business lending program that was #4 in the country among federal credit unions in number of loans funded
  • Based in Berwick, PA
  • Say hi to him at https://mbfs.org/

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1929_Mark_Ritter.mp3
Category:general -- posted at: 3:58pm EDT

The guys are back again with more lessons learned from interviews for the podcast. We’ll hear about how one investor (Chris Tuff - episode releases 3/1/2020) gets the most out of his millennial workers, and why it is important to work with them to get the most production. Then We’ll hear about the pros and cons of using institutional money (from Michael Merideth) for your deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It wasn’t just working from home, but flexibility with hours”

Related Blog Post On Institutional Money (and why Joe doesn’t use it)

http://bit.ly/institutionalmoney 

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1928_-_Follow_Along_Friday.mp3
Category:general -- posted at: 10:50am EDT

When underwriting a potential deal, you’ll need to have set assumptions that will help you determine how much cash you will receive at sale. After investors are paid back, you’ll be splitting the profits with them according to how you structure the investment. Theo will break down how Joe and Frank underwrite their sales assumptions for Ashcroft Capital. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You want to determine what  the closing costs are going to be as well how much debt you will owe. Subtract those two factors from the sale price, and that gives you your profits at sale”

Free Resource:

http://bit.ly/salesassumptionoutline 

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1927_-_SS_112_Series_51.mp3
Category:general -- posted at: 11:06am EDT

We’ve covered underwriting for more “normal” value add apartment syndication deals. Now we’re going to hear the differences between underwriting those deals, and underwriting highly distressed apartment communities. Theo will cover how you should underwrite highly distressed deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The point is to have a contingency budget and have it be at least 10% of the deferred maintenance cost”

Definitions & Example Deal:

http://bit.ly/highlydistressed

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1926_-_SS_111_-_Series_50.mp3
Category:general -- posted at: 10:15am EDT

This is either a first or possibly the second time we’ve had an investor on to talk to us about real estate investing, in the legal cannabis space. Dana will walk us through how she finds and vets properties, and the obstacles she has to work around in this space. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You may have a license that you can move to a different location” - Dana Wallace

Dana Wallace Real Estate Background:

  • Owner of 420Estates.net, a firm that specializes in legally compliant Cannabis properties
  • she has over sixteen years of experience in the typical aspects of investment real estate sales
  • Based in San Francisco, CA
  • Say hi to her at https://www.420estates.net/
  • Best Ever Book: Code Of The Extraordinary Mind

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1925_Dana_Wallace.mp3
Category:general -- posted at: 12:50pm EDT

Brad is the CEO of a company that helps entrepreneurs and real estate investors find and work with great virtual assistants. We’ll hear about where the VA’s are based, and why, what kind of roles they thrive in, and how to train them to work in your business best. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Everything in business is about ROI, it’s all about how you value your time” - Brad Stevens

Brad Stevens Real Estate Background:

  • Founder and CEO of Outsource Access 
  • They provide Entrepreneurs and Commercial Real Estate Agents with highly trained, low cost virtual assistants
  • Based in Atlanta, GA
  • Say hi to him at https://outsourceaccess.com/
  • Best Ever Book: Fast forward Mindset

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1924_Brad_Stevens.mp3
Category:general -- posted at: 11:30am EDT

Jens is focusing on building his rental portfolio via value add deals. While he’s building his portfolio, he’s also still working full time. There are a lot of people in the same situation - wanting to or currently building a portfolio while working full time, with hopes of being a real estate investor full time in the long run. Hear how he’s going about scaling his business, the deals he’s finding, how he’s finding them, how his business is structured with his partners, and a couple of deal specific case studies. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We don’t have any investors, we’re just a group of people that are long term buy and hold investors” - Jens Nielsen

Jens Nielsen Real Estate Background:

  • Denmark native, been in the US since 1996, investing in multi family real estate since 2016
  • Owns 82 units in New Mexico and Colorado, all value add deals
  • Based in Durango, Colorado
  • Say hi to him at https://opendoorscapital.com/ 
  • Best Ever Book: Begin With Why

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1923_Jens_Nielsen.mp3
Category:general -- posted at: 3:06pm EDT

Tony has been in the business for a while and is here today to share some of his best ever tips with us. We’ll focus this conversation on how he gets most of his word of mouth referrals, which is very important for real estate investors, and entrepreneurs of all kinds. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We are valuable and we need to show that” - Tony Ray Baker

Tony Ray Baker Real Estate Background:

  • Real estate agent for 25 years that focuses on residential real estate, makes $300k net profit per year
  • Teaches marketing to agents and small business owners, helps investor clients purchase investment properties, has two rentals of his own
  • Takes 60 vacation days per year
  • Based in Tucson, AZ
  • Say hi to him at www.tonyraysmarketingonadime.com  
  • Best Ever Book: The Power Of Now

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1922_Tony_Ray_Baker.mp3
Category:general -- posted at: 2:02pm EDT

Joe has been practicing chess and taking chess lessons over the past year, and of course he finds the relevant business lessons and wants to share with all of us. After that, Theo will ask his trivia question and share some free resources. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Don’t ask how can I get a deal, ask what conditions can I create, should I create, have I created, to allow a deal to show up”

Free Resource:

http://bit.ly/toploanprograms1 

The Best Ever Conference is approaching quickly and you could earn your ticket for free.

Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell. 

Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear.

Direct download: JF_1921_Follow_Along_Friday.mp3
Category:general -- posted at: 9:33am EDT