Best Real Estate Investing Advice Ever

Joshua is joining Theo on the show today to talk with us about distressed debt. We’ll hear about his overall strategy, including how to find the distressed debt to invest in, how to evaluate them, and ultimately how to invest in the debt. A great episode for an intro into the distressed debt investing field, also a very informative episode with nuggets for even an experienced investor. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Distressed debt is a space where not only do you need to have a lot of capital lined up ready to go, it’s something that takes a more sophisticated buyer” - Joshua Jaouli

Joshua Jaouli Real Estate Background:

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1741_-_Joshua_Jaouli.mp3
Category:general -- posted at: 10:53am EDT

Jim has done a ton of rehabs, and started getting into rental investing just a few years ago. He already has about 500 units under his belt, with a goal of 5000 in the future. Jim will break down a couple of deals for us, we’ll hear what went right, what went wrong, and what we should learn to implement in our own businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I didn’t get here by reinventing the wheel, I took one thing that worked and I did it” - Jim Huntzicker

Jim Huntzicker Real Estate Background:

  • Started his real estate business in 2005, has done over 500 deals
  • Focused on flipping for first 7 years - 95% of the 500 deals were rehabs
  • Based in Chicago, IL
  • Say hi to him at jimATjimhuntzicker.com
  • Best Ever Book: Tools of Titans by Tim Ferriss

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1740_-_Jim_Huntzicker.mp3
Category:general -- posted at: 12:35pm EDT

Joe learned a few new things last week from his interviews, two of which he’ll be sharing with us. He also has an observation from life in general that he wants to share with us today. Getting rewarded for doing the wrong thing - what is he talking about and is it good or bad? You’ll have to listen to this episode to find out. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I believe you need a higher NOI in the smaller markets to qualify for the loan”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF1739_FAF_Joe_and_Theo.m4a
Category:general -- posted at: 11:28am EDT

Part two of Theo’s due diligence series will teach you about five more documents you’ll need to be familiar with in your apartment syndication due diligence. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’ll have two PSA’s so ideally you’ll compare the results of the PSA’s”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1738_-_SS_54_-_Series_17_-_Part_2.mp3
Category:general -- posted at: 9:36am EDT

Last week Theo covered financing options for apartment syndication deals. For this week’s series, he’ll be covering the due diligence process as it pertains to large apartment communities. Today we’ll hear details about five documents you’ll be reviewing, tomorrow we’ll cover five more documents. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“All of this is very important information for you to know and impossible for you to know going into the deal because you don’t have your hands on all these leases”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1737_-_SS_53_-_Series_17_-_Part_1.mp3
Category:general -- posted at: 10:06am EDT

Wouldn’t $10k per month of passive income be nice? Anton currently has that with his portfolio, and he only has to spend one hour each week to manage. He also has another career, so his real estate investments are not his main focus, which makes the passive nature of his investments ideal for him. Joe digs into Anton’s portfolio and story, extracting the lessons for us to learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Get your foot in the door, you’ll learn more from your first deal than any kind of reading or research” - Anton Ivanov

Anton Ivanov Real Estate Background:

  • US Navy veteran, real estate investor and entrepreneur
  • Owns 35 units across 4 states, generating $10k in monthly passive income, requiring only 1 hour a week to manage
  • Based in San Diego, CA
  • Say hi to him at https://dealcheck.io/
  • Best Ever Book: 4 Hour Work Week by Tim Ferriss

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1736_Anton_Ivanov.mp3
Category:general -- posted at: 9:24am EDT

Alan helps his clients own properties and lease them as triple net leases to commercial tenants. His clients are able to purchase properties nationwide through Alan, which his team personally vets before bringing them to his clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You might get a little higher cap rate because its a strong B tenant and not an A, but you made up for it with the security that the incredible location will bring to you” - Alan Fruitman

Alan Fruitman Real Estate Background:

  • Owner of 1031tax.com and author of "The NNN Triple Net Property Book"
  • Has helped investors purchase more than $1 Billion of single tenant, triple net leased investments
  • Based in Denver, CO
  • Say hi to him at https://1031tax.com
  • Best Ever Book: Two Page Marketing Plan

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1735_Alan_Fruitman.mp3
Category:general -- posted at: 9:40am EDT

Chad has had a little different path on his way to real estate investing than I’ve ever heard. He started by getting into Magic The Gathering card trading, got into day trading, and then got into real estate investing. How has playing Magic The Gathering helped him with his career? Tune in to find out! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If your process is good, you will be net positive overall” - Chad Kastel

Chad Kastel Real Estate Background:

  • Real estate investor since 2016
  • 1st property was a two structure single property house hack, 2nd was a mix use triplex
  • Licensed Realtor in Florida
  • Based in Hollywood, FL
  • Say hi to him at 609-705-7332 and chadkastelATgmail.com
  • Best Ever Book: Best Ever Apartment Syndication Book

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1734_Chad_Kastel.mp3
Category:general -- posted at: 12:34pm EDT

“I don’t want to list your home” - that’s the phrase that started everything for Dan years ago. As a new agent, Dan had to find a way to get some business from all of the FSBO’s in his area. Rather than door knocking and asking to list their home, he’d simply ask if he could take some buyers through the home, and help with the paperwork if they had a buyer. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“The biggest thing would be to implement a system, track everything you’re doing and eliminate the things that don’t work” - Dan Plowman

Dan Plowman Real Estate Background:

  • Rookie of the year in his first year selling homes
  • 28 years of real estate experience, has sold more than one home per day for the last 8 years.
  • Based in Whitby, ON
  • Say hi to him at https://www.danplowmancoaching.com/
  • Best Ever Book: High Performance Habits by Brendon Burchard

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1733_Dan_Plowman.mp3
Category:general -- posted at: 9:42am EDT

Joe does about 9 interviews every week for the podcast, and he takes notes on every single interview. Today, he’ll share the very best lessons that the guests taught or reminded him of last week. The five guests are (interviews yet to be released) Gaston Teran, Luis Leiva, Michael Beeman, Cory Boatright, and Gary Pinkerton. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If you want to attract the right partners, then be attractive yourself”

If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com.

We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com

Direct download: JF_1732_Follow_Along_Friday.mp3
Category:general -- posted at: 9:25am EDT