Sun, 28 July 2019
JF1790: Developing Emotional Fitness To Grow Your Real Estate Business #SkillSetSunday with Carla Blumenthal
Carla and Joe used to work together in New York City before becoming entrepreneurs in different industries. She has been coaching high achieving men and helping them with business and personal relationships for the past four years. We’ll hear some great insights into emotional fitness, as well as get her best tips and advice that we can put into action. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There is a six step process to minimize the negative effects” - Carla Blumenthal Carla Blumenthal Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sat, 27 July 2019
Roni always loved real estate, he worked in the industry for years before working in his current role. He helps manage a large portfolio for his company, as well as works on the funding side. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Someone has to be the good cop, someone has to be the bad cop” - Roni Elias Roni Elias Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Fri, 26 July 2019
Theo has a new co host for today’s episode, Jason Yarusi. They will share with us a few things they learned last week that we as investors can also learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Take time to get to know the person first and the deal second” - Jason Yarusi Free Document: http://bit.ly/brandingresource1 Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Thu, 25 July 2019
JF1787: How to Asset Manage A Newly Acquired Apartment Syndication Deal Part 2 of 8 | Syndication School with Theo Hicks
Theo continues the long series on asset management. Today he covers more of the top 10 asset management duties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The majority of the information is included in the free weekly review document” Free Document: http://bit.ly/weeklyperformancereview Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.
Direct download: JF_1787_-_SS_74_-_Series_20_-_Part_2.mp3
Category:general -- posted at: 12:00am EDT |
Wed, 24 July 2019
JF1786: How to Asset Manage A Newly Acquired Apartment Syndication Deal Part 1 of 8 | Syndication School with Theo Hicks
Now that we’ve talked about everything there is to talk about as it pertains to purchasing your first apartment syndication deal, it’s time to discuss asset management. This will be the longest period of time that you will be dealing with the property, and the investors. You’ll want to come with paper and pencil for this series! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The way to sell that is to tell them you are upgrading the unit at no cost to them” Free Document: http://bit.ly/weeklyperformancereview Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.
Direct download: JF_1786_-_SS_73_-_Series_20_-_Part_1.mp3
Category:general -- posted at: 12:00am EDT |
Tue, 23 July 2019
Matt shares his Best Ever Advice with us, which includes his first rental property that he was cash flowing over $1k per month. He used the equity he had from his personal property, which was obtained through working as much as possible to make money and pay down his mortgage. When he found out he could use that equity to purchase property, Matt knew real estate was a business he could scale. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I spent a year of my life just working as much as possible and saving money” - Matt Spangenberg Matt Spangenberg Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Mon, 22 July 2019
Kyle left his full time job just eight months ago (as of this recording) and already closed on his first multifamily syndication. He started out in real estate like many of us, working full time and buying single family homes. Hear how and why he was confident in leaving his job, and what it took to close on his first syndication. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Real estate is a team sport” - Kyle Mitchell Kyle Mitchell Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sun, 21 July 2019
Joe has used himself to test this method of investing/storing cash. He went to Gary and has been working with him for a few months now, it has been a good experience and Joe wanted to share with everyone. So tune in to hear about this strategy you may have never heard of before. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Almost all of the whole life insurance companies that do this, will put the money in a general fund” - Gary Pinkerton Gary Pinkerton Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sat, 20 July 2019
Ola was a house flipper first, he and Joe will cover what house flipping taught him about multifamily investing. They will discuss Ola’s first flip that didn’t go quite as planned, Ola admits he had shiny object syndrome with this deal, and shares his lessons learned. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Make sure that they know their stuff so that you know what you need to bring to the table” - Ola Dantis Ola Dantis Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Fri, 19 July 2019
JF1781: Breaking Into The Industry, Creating Partnerships, Building A Team, & Raising Capital #FollowAlongFriday with Joe and Theo
Joe and Theo are back it for another #FollowAlongFriday. Theo did the interviews for the podcast last week, so we’ll be hearing his favorite lessons that he learned while doing those, with additional thoughts from Joe. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “He found all the inefficiencies from their P&L and told the boss about them” Free Document: http://bit.ly/freepropertycomparisontracker Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Thu, 18 July 2019
JF1780: How To Close On An Apartment Syndication Deal Part 2 of 2 | Syndication School with Theo Hicks
Theo continues the talk about the apartment syndication closing process. We’ll move into how to notify your passive investors after you close. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’ll want to draft the ‘congrats we closed’ email a few days ahead of time” Free Document: http://bit.ly/freeinvestorguide Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Wed, 17 July 2019
JF1779: How To Close On An Apartment Syndication Deal Part 1 of 2 | Syndication School with Theo Hicks
We've gone through many steps of the apartment syndication process. If you’re following along, you should be excited to finally discuss how you actually close on an apartment syndication deal. Theo will review a lot of the content that has helped us get to this point. On the next episode he gets more into the actual closing, with asset management starting next week. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A day before closing, you’ll receive all the closing documents from the lender” Free Document: http://bit.ly/freeinvestorguide Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Tue, 16 July 2019
Jay and Samera are both entrepreneurs at heart. They had a couple of different businesses, and also worked full time for others throughout the years before finding real estate investing. Today we’ll hear about their investing journey and investing niche, which is investing in mobile homes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If they can’t give you proof or referrals, that’s a red flag” - Jay and Samera Harvey Jay & Samera Harvey Real Estate Backgrounds:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Mon, 15 July 2019
Tune in and hear Joe and Joe walk through the journey of starting out, buying and selling 1000 homes, and building a very nice, profitable, cash flowing 150 unit portfolio. One unique aspect of Joe’s business and his 150 units - they’re all single family homes. We’ll hear how he manages 150 separate properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I’ve found a great niche in the single family home area and I do very well there” - Joe Lieber Joe Lieber Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sun, 14 July 2019
Prady is back on the show today to help us with some entrepreneurial tips. His advice today is focused all around the mindset that is important for any entrepreneur to have in order to succeed as entrepreneurs, which of course includes real estate investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Must approach things in a non confrontational way” - Prady Tewarie Prady Tewarie Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sat, 13 July 2019
JF1775: Live From Cincinnati | How To Scale A Real Estate Investing Business To 240 Units In A Competitive Market with Gaston Teran
Today’s episode was recorded at the meetup we host in Cincinnati every month (bestevercincy.com). Gaston has attended the meetup for years, and we have personally watched his growth as a real estate investor through the years. He’s scaled up to 240 units over the past few years, with no syndications or funds, all of the units are his own, acquired through traditional financing. One huge difference between Gaston’s business and most others that you’ve heard of, he buys bad properties (until he turns them around) in bad areas, which goes against the traditional advice you usually hear to “buy the worst property in the best neighborhood. We’ll hear his story of getting to the level he’s at today, and how he plans on continuing the growth. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It had physical occupancy of 90%, but a lot of those people weren’t paying” - Gaston Teran Gaston Teran Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Fri, 12 July 2019
Danny Randazzo is joining Theo for Follow Along Friday again this week. He’ll be sharing some insights from his previous business week and what he learned. Theo will be sharing some advice from Best Ever Guests that he interviewed last week. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If they are pressuring you to pay them, something in wrong” Free Resource: http://bit.ly/marketevaluation2 Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Thu, 11 July 2019
JF1773: How To Secure Commitments From Your Passive Investors Part 8 of 8 | Syndication School with Theo Hicks
Now that we’ve had the first conference call with our passive investors, we need to provide them with proper documentation. Theo will discuss that and a little more on today’s Syndication School episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You want to provide them with new information in every email” Free Document: http://bit.ly/annualincomecalculator Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening.
Direct download: JF_1773_-_SS_70_-_Series_18_-_Part_8.mp3
Category:general -- posted at: 12:00am EDT |
Wed, 10 July 2019
JF1772: How To Secure Commitments From Your Passive Investors Part 7 of 8 | Syndication School with Theo Hicks
Part seven of this Syndication School Series will be covering more Q&A and how to follow up after you hold a successful conference call. Tomorrow Theo will cover sending proper documentation after the call. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “IRR is tied to time if I can get $1000 tomorrow, it’s worth more than $1000 a year from now” Free Document: http://bit.ly/annualincomecalculator Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Tue, 9 July 2019
JF1771: From Medical Device Sales To Full Time Real Estate Investor & Apartment Syndicator with Jason Pero
If you’re in the position of working full time and investing part time, so was Jason. For some, that’s fantastic and they wouldn’t have it any other way. For some others, they are looking for a way to leave their full time job and invest in real estate full time. We’ll hear how Jason did that seven years ago, and how he has continued to scale his business since then. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Focus on your mindset and personal growth” - Jason Pero Jason Pero Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Mon, 8 July 2019
Paige has started and ran multiple real estate investing businesses, and has been investing in real estate for over 20 years! Today Joe and Paige will have a discussion about her entire real estate story, from losing $20 million in cash to getting back in the real estate game and having more success than ever before with non-performing notes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “They will focus on assets that are valued over $200,000” - Paige Panzarello Paige Panzarello Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sun, 7 July 2019
JF1769: London Investor Shares How To Scale Two Real Estate Businesses Totaling €100 Million with Nicole Bremner
Nicole has built two successful real estate companies, and is on the show today to tell us how she did it. She’s currently working on a wide range of projects, from €200,000 to €5,000,000 projects, which are both being sold as of this recording. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It was quite easy to take that money and invest in a gentrifying area and make money” - Nicole Bremner Nicole Bremner Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sat, 6 July 2019
Hank and his company work with rental companies to help furnish their apartments and move in great tenants. Typically, their tenants stay for multiple years, but they also have month to month lease options available. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “When we’re moving in a unit, we move in that first day, after that, our sales team handles everything” - Hank Jonap Hank Jonap Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Fri, 5 July 2019
Theo did the interviews for the podcast last week, and has some lessons learned to share with us today. Danny Randazzo is joining Theo and sharing some valuable lessons he has recently learned as well. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “People are more likely to deal with you if they know you, like you, and trust you. Free Document: http://bit.ly/annualincomecalculator Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Thu, 4 July 2019
JF1766: How To Secure Commitments From Your Passive Investors Part 6 of 8 | Syndication School with Theo Hicks
Theo covers the last step to hosting a successful conference call with your passive investors to secure investments for your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “They want to know if you are trying to balance multiple deals at once, or focusing all of your efforts on this one particular deal” Free Document: New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Wed, 3 July 2019
JF1765: How To Secure Commitments From Your Passive Investors Part 5 of 8 | Syndication School with Theo Hicks
Theo gave us the steps one through five for hosting a successful conference call with your passive investors. Learn two more steps to that process today, steps six and seven will be broken down for you. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “While you are securing commitments from passive investors, you should also be securing debt and doing due diligence on the deal” Free Document: New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off.
Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Tue, 2 July 2019
Monica is a real estate agent, investor, and podcast host. Currently, she is focusing on helping other real estate agents perform at high levels, and helping their clients in the best ways they can. In order to do this, agents need to constantly be learning their market, and understand the real estate investing atmosphere around them, so that they can help their own clients with their portfolios. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Being a real estate agent is selling yourself, you have to go and ask for the business to get the business” - Monica Neubauer Monica Neubauer Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Mon, 1 July 2019
Apartment syndications are very complicated as many Best Ever listeners know. Many times, investors are in the real estate space for many years before they think about trying to do their own syndication deal. Mo wasn’t afraid of taking the leap, going from a duplex to a 21 unit in a short amount of time. He also worked hard to find great partners with strengths that differed from his own. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Our relationship has grown since investing together” - Mo Bloorian Mo Bloorian Real Estate Background:
Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions. For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. |
Sun, 30 June 2019
Ashley started her real estate investing with a single family home purchase that was meant for a normal long term tenant and a traditional buy and hold deal. That turned into a Short Term Rental, she flipped houses after that, started passively investing in larger deals, followed by being on the GP of her own large deals. Hear what it took to get where she is now, and what it takes to do her daily tasks with all these projects. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Until you have done the job correctly and have passed final inspection, I’m not paying you” - Ashley Wilson Ashley Wilson 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 |
Sat, 29 June 2019
JF1761: What To Do When Your Lender Backs Out At The Last Minute #SituationSaturday with Michael Beeman
Michael is coming back onto the show (previous episode below) to share a situation he recently had in his business that taught him a lot. He had a lender back out of his deal THE DAY OF CLOSING! This was a 62 unit deal, and Michael was left scrambling to get this deal done. Hear how he overcame the situation and what he learned in the process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you’re starting out, mortgage brokers can be an asset for you” - Michael Beeman Michael Beeman 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 |
Fri, 28 June 2019
JF1760: 120 Transactions In 1 Year, Appealing To Buyers, And No Bad Deals #FollowAlongFriday with Joe and Theo
Another addition of Follow Along Friday for you today. Once again, Joe is sharing three things he learned from interviewing the Best Ever Guests from the podcast interviews last week. These three lessons today are from Logan Freeman (https://www.livefreeinvestments.com/), Caroline Carter (https://carolinecarter.com/), and H.J. Chammas (https://www.employeemillionaire.com/). If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I’ve had no bad deals, but I have lost money through bad habits and practices” - H.J. Chammas Free Document: http://bit.ly/masterthelingodoc 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 |
Thu, 27 June 2019
JF1759: How To Secure Commitments From Your Passive Investors Part 4 of 6 | Syndication School with Theo Hicks
We’ve created the investment summary, we’ve created an email to send to our investor database. Now it’s time for a conference call with your investors to secure those investments for your apartment syndications. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Determine what your main focus is, which should be capital preservation because that is the most important thing to your investors” Free Document: New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands 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 |
Wed, 26 June 2019
JF1758: How To Secure Commitments From Your Passive Investors Part 3 of 6 | Syndication School with Theo Hicks
We learned how to create a quality investment summary to show to our investors with the two Syndication School episodes from last week. Now we’ll start learning more about emailing our investor database. How to build a list, when to mail to them, what to send them, etc.. So grab your notebook and hit play, get ready to learn more about the apartment syndication process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “This is why we have the two cash-on-cash return factors, one including the profits from the sale and the other excluding the profits from the sale” Free Document: New deal offering email from one of Joe’s actual deals: http://bit.ly/newdealhighlands 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 |
Tue, 25 June 2019
JF1757: Money Isn’t Everything (Or Is It?) Millionaire Coach Explains How To Live Wealthy & Happy with Krisstina Wise
She was very sick, and had to spend $250,000 to save her own life, at that time, money was everything because it was needed just to continue living. Krisstina had money saved fortunately, and was able to bounce back from being sick. Now she helps people earn more money, or learn how to manage and live with money in a better way, leading to happier lives and thriving businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It’s more about learning and growing than it is about making more money” - Krisstina Wise Krisstina Wise 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 |
Mon, 24 June 2019
As new apartment communities come to market, they’re empty. Jason’s business model is to find those apartment communities, get access to some of those units as they are being leased up, and turn them into short term rentals for 8-24 months. “Pop-up hotels” as Jason calls them, WhyHotel only moves in during the lease up of new communities, helping investors mitigated the normal losses occurred during the lease up. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “In the U.S. between 200,000-400,000 MF units are delivered each year, on average, they take about a year to fill up, so that means there is somewhere between 100,000 to 200,000 units vacant at all times in major U.S. cities” - Jason Fudin Jason Fudin 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. |
Sun, 23 June 2019
JF1755: Learn About A Loan Product We Have Never Discussed: HUD 223F #SkillSetSunday with Judah Rosenberg
Judah is joining us as a very accomplished Vice President for a huge lender that we’ve probably all heard of, Greystone. Not only does Judah deliver amazing value today with the knowledge of the HUD 223F loan, but he’s also demonstrating his mindset that has helped him succeed at such a high level. You’ll hear Judah’s stutter in this episode, which is part of his story of overcoming his stuttering and putting himself in uncomfortable positions (like doing this podcast) a great episode that everyone can learn something from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “One other catch, HUD only allows for bi-annual distribution. If you’re syndicating, you’d only be able to pay your investors twice per year” - Judah Rosenberg Judah Rosenberg 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 |
Sat, 22 June 2019
JF1754: Getting Started In College, Building A Great Team, Running A Successful REI Company with Prady Tewarie
Theo is interviewing Prady today on his real estate investing experience. Prady has a little bit of a unique story in that he got his start in college and began his real estate investing journey in a time where a lot of people are strictly focused on getting through school. Now he has a thriving condo development business in the Boston area. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I don’t even do calls, I just knock on doors” - Prady Tewarie Prady Tewarie 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 |
Fri, 21 June 2019
Joe is sharing three of his favorite lessons learned from interviewing Michael Sjogren, Nate Palmer, and Marco Santarelli. We’ll hear about managing short term rentals, eating healthy and working out, and how to find the best real estate investing markets. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Use a ring doorbell camera and wifi locks” 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 |
Thu, 20 June 2019
JF1752: How To Secure Commitments From Your Passive Investors Part 2 of 6 | Syndication School with Theo Hicks
Theo continues the conversation from yesterday about securing commitments from investors. We’ll be hearing more about how to create an investment summary. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “In the investment summary there is a sample $100k return” Free Document: http://bit.ly/investmentsummarytemplate 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_1752_-_SS_58_-_Series_18_-_Part_2.mp3
Category:general -- posted at: 11:30am EDT |
Wed, 19 June 2019
JF1751: How To Secure Commitments From Your Passive Investors Part 1 of 6 | Syndication School with Theo Hicks
We’ve heard a lot about the apartment communities and due diligence process for your apartment syndication acquisitions. Now, Theo starts covering how to secure commitments from your investors. There is a lot to go over here, so this will be a six parter. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Don’t tell them no, the deal is full, come back next time. Add them to your waiting list” Free Document: http://bit.ly/investmentsummarytemplate 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 |
Tue, 18 June 2019
Alina had a need of her own, and as many entrepreneurs do she started her own business. She began investing in real estate for herself because of a need to diversify her own portfolio, now Alina also helps other investors do the same. By working with other passive investors she can help others diversify without having to be active. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There is no Nostradamus to tell us if the recession is going to happen tomorrow or 3 or 5 years from now” - Alina Trigub Alina Trigub 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 |
Mon, 17 June 2019
JF1749: Give Him 48 Hours, He’ll Build An Investment Blueprint For Your Business with Jason Palliser
Jason has been investing in real estate for years, his specialty is finding off market deals. He built and sold REI Blackbook, now he helps individuals find off market deals by building them a specialized blueprint and giving them a leg up on the competition. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’ll go from 3000 homes in Cleveland down to 30 in a matter of minutes” - Jason Palliser Jason Palliser 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 |
Sun, 16 June 2019
JF1748: Making Healthy Decisions With Your Body And Mind That Lead To Better Investing Decisions #SkillSetSunday with Jason Valadao
Jason is a physician that specializes in helping people live a healthier lifestyle. With healthier decisions comes a better overall mood and mindset, leading to making better business and investing decisions. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you typically have dinner around six or seven and want to get to bed around 9 or 10, that’s pretty good” - Jason Valadao Jason Valadao 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 |
Sat, 15 June 2019
Typically for a side hustle, people will Uber or work part time somewhere. Payton is taking another route and building his real estate portfolio on the side of his full time job. He’s just getting started with real estate, currently with three properties, with very lofty goals. Hear what his plan is to accomplish his big goals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “To get good loans at good rates, you have to prove to your lenders that you can pay it back” - Payton Pearson Payton Pearson 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 |
Fri, 14 June 2019
JF1746: Three Lessons Joe Learned Last Week From Best Ever Guests #FollowAlongFriday with Joe and Theo
Joe did another round of interviews for the podcast last week, and again walked away with some valuable lessons to share with us. From finding off market deals to how our emotions affect our emotions, there is something in this episode for everyone. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There is no one size fits all strategy for finding deals” 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 |
Thu, 13 June 2019
JF1745: How To Perform Due Diligence On An Apartment Syndication Deal Part 4 of 4 | Syndication School with Theo Hicks
Time to get into more details about the remaining five documents of the 10 that you will 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: “If the person that performs the environmental site assessment identifies an environmental problem, you’ll want to get with your lender to make sure that is not something that will disqualify you from financing” 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 |
Wed, 12 June 2019
JF1744: How To Perform Due Diligence On An Apartment Syndication Deal Part 3 of 4 | Syndication School with Theo Hicks
In the first two parts of this series, Theo broke down 10 financial documents you’ll need to be familiar with for you apartment syndication due diligence. Today Theo will be explaining how to analyze the first five of those 10 documents. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Depending on what type of loan you’re getting, you may have to address some things before you close” 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 |
Tue, 11 June 2019
Michael was in a position that required him to research comps for the company’s deals. He was having trouble finding relevant comps, so he started working on a solution. Enter his company, CompStak, they provide comps nationwide from brokers, appraisers, and research people in real estate brokerage firms to anyone who uses their platform. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The way you differentiate yourself is through your creativity” - Michael Mandel Michael Mandel 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 |
Mon, 10 June 2019
Grant and his wife set out to be real estate investors, started buying properties but quickly ran out of money. He went to a local meetup where he met a young successful investor (Josh Sterling) who gave him tips on how to move forward. They took his advice and ran with it, getting up to 11 units in two years, after thinking they were out of money to move forward. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If we’re going to stay on this path, how many houses would we need?” - Grant Warrington Grant Warrington 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 |
Sun, 9 June 2019
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 |
Sat, 8 June 2019
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:
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 |
Fri, 7 June 2019
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 |
Thu, 6 June 2019
JF1738: How To Perform Due Diligence On An Apartment Syndication Deal Part 2 of 4 | Syndication School with Theo Hicks
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 |
Wed, 5 June 2019
JF1737: How To Perform Due Diligence On An Apartment Syndication Deal Part 1 of 4 | Syndication School with Theo Hicks
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 |
Tue, 4 June 2019
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:
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 |
Mon, 3 June 2019
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:
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 |
Sun, 2 June 2019
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:
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 |
Sat, 1 June 2019
“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:
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 |
Fri, 31 May 2019
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 |
Thu, 30 May 2019
JF1731: How to Secure Financing for an Apartment Syndication Deal Part 4 of 4 | Syndication School with Theo Hicks
We’ve heard Theo explain in great detail all the different loan options we have as apartment syndicators. How do you decide which is best for you? Luckily, Theo is going to cover that today so get your pen and paper ready to take notes! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A good starting approach is to reach out to your mortgage broker and tell them what you plan on doing” Free Loan Program Spreadsheet: 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 |
Wed, 29 May 2019
JF1730: How to Secure Financing for an Apartment Syndication Deal Part 3 of 4 | Syndication School with Theo Hicks
We’ve covered the two different types of debt (recourse and non-recourse) in part one of this series. Theo talked about the two most popular forms of financing and the most popular agency debt available. Today, we’ll hear about the other loans that are available to finance your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Time from contract to close with these programs is at minimum 120 days and 6-9 months is common” Free Loan Program Spreadsheet: 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 |
Tue, 28 May 2019
DJ and his wife are a real estate investing team, and they’re just getting started. They have purchased and sold a four unit multifamily building, as well as bought a couple of other deals and are currently holding those. Hear how they got started with little cash to invest, and how they plan on continuing their real estate investing careers. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Don’t do it yourself, know what you’re good at, and find yourself a team” - DJ Cummins DJ Cummins Real Estate Backgrounds:
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 |
Mon, 27 May 2019
Dustin had a few different businesses as he was figuring out his path. Once he came across real estate investing, he found his last business. He stopped all the other businesses, which he says required more work and made less money than real estate investing. Now a successful investor, Dustin is also helping others build their own real estate investing businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We’re investing for the long term” - Dustin Heiner Dustin Heiner 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 |
Sun, 26 May 2019
JF1727: Swiss Army Knife Real Estate Agent & Investor Is Helping Investors Make The Right Investments with Ed Hendrickson
Ed is a do it all kind of person and investor. He loves helping his clients make great decisions on their investments, as well as doing his own deals. Not to mention he brokers hard money, the “Lending Tree of hard money” as he calls it. Tune in to hear how he gets hard money for his clients, as well as what he tells newer investors as they are breaking into the business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Some lenders have bigger names and people think they are better because of their name” - Ed Hendrickson Ed Hendrickson 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 |
Sat, 25 May 2019
Alex is an entrepreneur and real estate investor, when he’s not busy with landscaping, he’s working on his own deals. When Alex wanted to start, he didn’t have the cash to get started, his first deal he was able to trade landscaping services for a down payment on a seller financed deal. After that, Alex teamed up with an experienced investor (money partner) and has been completing deals since then. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Every deal will test you, some worse than others” - Alex Holt Alex Holt 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 |
Fri, 24 May 2019
JF1725: Answering Apartment Syndication Questions From Best Ever Listeners #FollowAlongFriday with Joe and Theo
We received a couple of great questions over the last week, and decided to answer them today on Follow Along Friday. Joe will answer a question about getting a potential seller to want to sell, as well as responding to a question about who controls the bank account in an apartment syndication. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Get curious, what could be their motivation?” 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 |
Thu, 23 May 2019
JF1724: How to Secure Financing for an Apartment Syndication Deal Part 2 of 4 | Syndication School with Theo Hicks
Time to get back into financing for apartment syndication deals. Today Theo will be discussing the top agency loans available. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There is a required occupancy of at least 90%” Free Loan Program Spreadsheet: 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 |
Wed, 22 May 2019
JF1723: How to Secure Financing for an Apartment Syndication Deal Part 1 of 4 | Syndication School with Theo Hicks
Another week, another syndication school series. This week, Theo is discussing financing for your apartment syndication deals. He’ll be covering all the different options, recourse vs. non recourse, and discussing a loan guarantor. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Different loan officers specialize in different loan types” Free Loan Program Spreadsheet: 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 |
Tue, 21 May 2019
JF1722: First Deal Was In Russia, Now Provides Investor Funds For Over $300 Million In Real Estate with Mike Krieg
Mike’s real estate career started off a little unusual compared to most, as his first deal was in Russia. After that deal, Mike started buying duplexes and small multi’s in Texas. He wanted to get out of the landlord life, so he sold half of his portfolio. Now Mike is raising capital for deals, and has helped investors acquire over 3,800 multifamily and self storage units. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Real estate investing is a relationship business” - Mike Krieg Mike Krieg 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 |
Mon, 20 May 2019
JF1721: Investing In A Recession Resistant Fund To Protect From Future Downturns with Ryan Andrews & Mark Khuri
Most of us know by now that our national real estate market is cyclical. With that in mind, Ryan and Mark have created a fund for investors as well as themselves to get conservative returns, while also growing the fund. We’ll hear about what assets they invest in and what they look for with potential deal. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A lot of investors today read the PPM but don’t really think about what is the senior debt? Debt in a recession is what gets everyone in trouble” - Ryan Andrews & Mark Khuri Ryan Andrews & Mark Khuri Real Estate Backgrounds:
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 |
Sun, 19 May 2019
Antoine has been investing in real estate for four years now, and he’s only 23. Turnkey was not always the business plan, but that is what the company has grown to. Just two years ago, they did 10 houses, last year they did 60, this year they’re on track to complete 100 deals. Learn what he does to grow his business to 100 deals per year in four years. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “From the networking, I had a pool of people that were interested in turnkey rentals” - Antoine Martel Antoine Martel 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 |
Sat, 18 May 2019
JF1719: Working With Commercial Real Estate Cleaning Companies #SituationSaturday with Edgar Aguilar
Edgar took over a struggling janitorial company at the age of 23 in 2008. He took that struggling business and grew it into a successful commercial and construction cleaning company, helping investors clean up their properties after construction. It wasn’t always easy, Edgar worked two jobs for some time. He’s had success, but some of the business slowed for a while, Edgar did not given up, he’s working harder than ever to get his business to levels it has never reached. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I didn’t know how I would pay the bills, but I knew that if I kept learning, and putting myself out there, I would make it” - Edgar Aguilar Edgar Aguilar 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 |
Fri, 17 May 2019
Last Follow Along Friday, Theo mentioned that he has decided to sell his 12 unit portfolio. Joe was taken by surprise and wanted to really dive into the story with Theo on another episode of Follow Along Friday, rather than quickly mentioning it in last week’s episode. We’ll hear the mistakes Theo made, which is part of the reason why he’s selling now. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Anytime I had a few months of cash flow, I’d have to spend that cash flow to fix something else” - Theo Best Ever Listeners: We have launched bestevercauses.com We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com. |
Thu, 16 May 2019
JF1717: How To Submit A Syndicated Apartment Deal Offer Part 2 of 2 | Syndication School with Theo Hicks
Now it’s time for the second and last part of this Syndication School series on submitting your apartment syndication deals. Theo is diving deep into the details so you can walk away from these two episodes know exactly how to submit your offers on large apartment communities. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Based off the seller’s motivation and everything you learned in the underwriting process, either submit your offer, or decide to walk away” Free LOI Examples: Best Ever Listeners: We have launched bestevercauses.com We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com. |
Wed, 15 May 2019
JF1716: How To Submit A Syndicated Apartment Deal Offer Part 1 of 2 | Syndication School with Theo Hicks
Get ready for some more syndication knowledge bombs from our resident apartment syndication instructor, Mr. Theo Hicks. He’ll be taking another step forward in the syndication process, explaining step-by-step how to submit your apartment offers. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If there isn’t a price listed, there are a few ways to get a ballpark idea of what the price will be” Free LOI Examples: Best Ever Listeners: We have launched bestevercauses.com We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com. |
Tue, 14 May 2019
JF1715: Overcoming A Bad First Deal, Correcting Paths & Succeeding In Real Estate with Alex Brodowski
Alex’s first deal took him 6 months to close, and he only made $1800. After that, he realized he was doing something wrong. He made some changes, continued taking risks, and now succeeds at a high level in real estate investing. Learn how he kept going even after a bad first deal, and what tactics he employs to avoid another bad deal. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You think you know something, but more than likely you haven’t played all angles of devil's advocate” - Alex Brodowski Alex Brodowski Real Estate Background:
Best Ever Listeners: We have launched bestevercauses.com We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com. |
Mon, 13 May 2019
Mitch has built quite a large real estate investing company, doing at least one deal every four days. His strategy is to seller finance properties that he buys with his private investors. He raises the money and keeps them legal, while his team take care of the rest. He’ll share how he’s been able to grow such a large business, and raise a large amount money. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If the house is worth $100k, I get a loan for about $58k” - Mitch Stephen Mitch Stephen Real Estate Background:
Best Ever Listeners: We have launched bestevercauses.com We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com. |
Sun, 12 May 2019
Jason and his team help investors with marketing. This was born out of a need of his own, and realized others had the same need. We’ll hear tips to improve our own marketing, we’ll also hear how a company like his can help optimize your marketing for you. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I quickly built an algorithm, or a spreadsheet at that time” - Jason Roether Jason Roether Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Sat, 11 May 2019
JF1712: Learning About All The Different Types Of IRA’s & Which Is Best For You #SituationSaturday with Eric Satz
Eric saw a problem in the marketplace, created a solution for himself, and is now helping others do the same thing he did. Taking IRA savings and investing in private companies was a complicated process before, now Eric and his team make it easy for their clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “That’s what we call a big market opportunity” - Eric Satz Eric Satz Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Fri, 10 May 2019
JF1711: 3 Things Joe Learned Last Week Plus An Update On Theo’s Properties #FollowAlongFriday with Joe and Theo
Joe has three more great pieces of wisdom to share with us from his interviews last week. We also get an update from Theo on his properties, which he is selling, but tune in to find out why. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I assumed, incorrectly that he made $100,000. I need to ask about their carrying costs” How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Thu, 9 May 2019
JF1710: How To Underwrite A Value-add Apartment Deal Part 8 of 8 | Syndication School with Theo Hicks
Now that we’ve discussed most of the underwriting process for value add apartment syndication, Theo will cover visiting the property in person. Visiting in person is something you will need to do, regardless of how far away it is. You’re dealing with investors’ money, doing proper due diligence is a requirement. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “One of the first properties I toured, I went with my wife and thought the property did not need much work. The second tour, I brought the property manager, and she pointed things out that I didn’t see” Free Cash Flow Calculator: http://bit.ly/simplecashflowcalculator Free RCA Sample: http://bit.ly/RCAforsyndication How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Wed, 8 May 2019
JF1709: How To Underwrite A Value-add Apartment Deal Part 7 of 8 | Syndication School with Theo Hicks
Theo is picking up where he left off last week with rental comps. You’ll need to have accurate rent comps so that you can set accurate assumptions in your underwriting. Today we’ll learn how to ensure we have good comps, and what to do with them once we have them. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “As you get comfortable with the free model and learn and grow, you can customize it however you want” Free Cash Flow Calculator: http://bit.ly/simplecashflowcalculator Free RCA Sample: http://bit.ly/RCAforsyndication How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/
Direct download: JF_1709_-_SS_51_-_Series_16_-_Part_7.mp3
Category:general -- posted at: 10:28am EDT |
Tue, 7 May 2019
Alex has been working on his platform, BuildingBits, for about three years, they are now live and accepting investments. They are a company that brings institutional type commercial real estate deals to the average person. We’ll learn what led Alex to creating this platform, and also hear about the experience and returns that an investor can expect to receive. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If we feel the price is fair and is supported by a third party appraisal, we’re not going to beat them up on the price in two or three months when it’s time to close” Alexander Aginsky Alexander Aginsky Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Mon, 6 May 2019
Frank and Joe are having another case study conversation of a recent deal which they took full cycle. The property had its own unique set of challenges they had to overcome to make this deal work. From unexpected repairs to the outside and foundations, to replacing an entire new fence around the property. They also did a lot of things right with the deal, and we’ll hear about that too. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Now we do our own property condition assessment” - Frank Roessler Frank Roessler Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Sun, 5 May 2019
JF1706: Transitioning From 100% Passive Real Estate Investing To 100% Active #SkillSetSunday with Lennon Lee
Today we’ll hear a case study from our guest Lennon, about how and why he started as a passive investor, and transitioned into active investing. Lennon actually started out with the intention to be active, but used the passive route to learn the business a little while getting returns on his money. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I wanted to be active but learned the business by being passive” - Lennon Lee Lennon Lee Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/
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Sat, 4 May 2019
David is now co-host of the BiggerPockets podcast, and author of a book focused on teaching the BRRRR method. He has a lot of experience as an investor, agent, and educator, now he’s finding new ways to share his knowledge with his book. We’ll cover what you can expect to learn by reading his new book, and cover the BRRRR method a little more in-depth than we ever have. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If more people did that, they just wouldn’t suck at life” - David Greene David Greene Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Fri, 3 May 2019
JF1704: Learning From Others’ Experiences & Implementing In Our Business #FollowAlongFriday with Joe and Theo
If you’ve listened to any Follow Along Friday episodes with Joe and Theo lately, you know the format. Joe and Theo will share what they learned last week from interviewing other investors for the podcast and explain how that can relate to us. Today, Theo is sharing his lessons learned from doing all the interviews last week, as Joe had to be out of town. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “He has to understand the yields of certain crops, so working with the farmers when he is underwriting is very important” How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Thu, 2 May 2019
JF1703: How To Underwrite A Value-add Apartment Deal Part 6 of 8 | Syndication School with Theo Hicks
More underwriting talk today with Theo. We all know it’s important for apartment syndication. Even if you know what you’re doing, it never hurts to hear how others underwrite, you might learn something new. Today Theo will comer how to run a good Rental Comp Analysis and what to do with it. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You can assume that if you perform the same level on renovations on the remaining units, you’ll achieve that same $100 rental premium” Free Document: http://bit.ly/RCAforsyndication How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Wed, 1 May 2019
JF1702: How To Underwrite A Value-add Apartment Deal Part 5 of 8 | Syndication School with Theo Hicks
Syndication school is back! We’re just going to jump right back into it today. Theo will pick back up where he left off with underwriting. Specifically, today he’ll be talking about how to determine your asking price. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’ll know how much money you should pay for the deal, and how much you need to raise” Free Simple Cash Flow Calculator: http://bit.ly/simplecashflowcalculator How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Tue, 30 April 2019
JF1701: We Sold Another Deal! Lessons Learned From Taking Another Deal Full Cycle with Frank and Joe
Frank has been on before, both to share his Best Ever Advice, and also to discuss another deal that Ashcroft (Joe and Frank's apartment syndication company) took full cycle. We’ll hear why they bought the property at a time most investors were not optimistic about the market the property was in. They tell us about the business plan, and how it actually unfolded. This was only Ashcroft’s second property purchase, so a lot of learning opportunities along the way! Take their lessons learned with this deal, and apply them to your business, without having to suffer through the trials yourself. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We could have done a better job with our lease audit, unit walks, and really getting to know the extent of the demographic around us” - Frank Frank Roessler Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Mon, 29 April 2019
Hakeem is a tight end for the New York Giants (as of the recording) and a real estate investor. He shares how he became interested in real estate investing, and we also hear some deal specifics. Hakeem explains how he put together his first sample deal package to show to potential investors, and how he presented it to them to secure verbal commitments. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You can work your way into real estate deals by adding value to others” - Hakeem Valles Hakeem Valles Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Sun, 28 April 2019
Brendan has worked with celebrities and personalities, helping build their brand for years. Today, he is sharing some of his best strategies with us. It’s no secret that we’ll need to have a large reach as investors to keep deals and capital flowing through the business. Find out how to organically grow that reach. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Keep swapping out different variables so that you can really control your content” - Brendan Kane Brendan Kane Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Sat, 27 April 2019
Leads - they can make or break your business. Not so much the leads themselves, but how you follow up with those leads. Dan is an expert in that area, and that is what he does with his business. He now helps investors get leads, and follow up with them, in exchange for a 50/50 split of deals with his trusted partner. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Cold calling is harder, the harder it is to scale, the better it will be and less people will be doing it” - Dan Schwartz Dan Schwartz Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Fri, 26 April 2019
JF1697: Rounding Up The Best Things Learned From Real Estate Investors Last Week #FollowAlongFriday with Joe and Theo
Joe and Theo are back at it with Follow Along Friday, telling us the best things they learned in the previous week. Joe interviews a group of real estate investors every week for the podcast, today he tells us about the best things he learned from those interviews last week. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Are you really doing all the direct mailing that you could really be doing?” How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Thu, 25 April 2019
Terry helps business owners quit being an employee in their businesses, and start getting to work as actual business owners. He also has experience in real estate investing, everything he shares with us today, relates to real estate investors. As real estate investors, we pretty much run small businesses, often times the owner is doing too much in their business to really work on their business. Terry has some tips to share with us today to start reversing that issue. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We think in pictures, this is why vision boards are so important” - Terry Ogburn Terry Ogburn Real Estate Background:
How great would it be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Wed, 24 April 2019
Sabine was out of law school and struggling to find a decent job. Rather than settle for something less, she started her own firm. FRANCO LAW FIRM, P.C. is her firm and they focus on real estate law and business law. Needless to say, Joe and Sabine will be covering a lot of real estate investing law in today’s episode, but we also hear her personal story which we can all learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Start early, a lot of people spend a lot of time learning, but you learn more by doing” - Sabine Franco Sabine Franco Real Estate Background:
How great would It be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Tue, 23 April 2019
JF1694: How This Broker Started & Grew A Brokerage To Be The Multifamily Market Leader In His Area with Lee Kiser
Lee has built his own brokerage in Chicago, focusing solely on multifamily apartment buildings. He’s here today to talk about that journey, as well as talk to us about some unique aspects of investing in real estate in Chicago. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Understand your risk tolerances” - Lee Kiser Lee Kiser Real Estate Background:
How great would It be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Mon, 22 April 2019
Jerome has worked on other peoples’ deals, as well as his own. He and Joe will talk specifics on a 23 unit heavy value add deal that Jerome is still working on. What problems has he ran into, how did he find the deal, and how does he plan on going from no tenants to fully leased? Listen in now to find out. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I’ve watched people buy bad deals just because they wanted to get a deal” - Jerome Myers Jerome Myers Real Estate Background:
How great would It be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Sun, 21 April 2019
Joe has been building his portfolio by renovating and adding value to his properties, pulling out the equity, and reinvesting into his real estate investing business. We’ve covered that with him previously, today he is going to tell us how to “tenant proof” our investment properties. Not only does Joe tenant proof his properties, he maximizes the ROI while doing so. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “All the flooring is pretty much indestructible, no plastic plumbing or fixtures” - Joe Cornwell Joe Cornwell Real Estate Background:
How great would It be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |
Sat, 20 April 2019
The title is simple today because the topic is as straightforward as they come. Greg’s strategy when it comes to real estate investing is to never hold any investments. Ever. He has his reasons and even a method to it, hear why he never holds, and what investments he does get into. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It can make sense to own properties, but what’s the difference between that and a big huge pile of cash?” - Greg Dickerson Greg Dickerson Real Estate Background:
How great would It be to buy a piece of institutional-quality, income-producing commercial buildings? Now you can… with BuildingBits. It’s NOT A REIT or a fund. BuildingBITS is a new platform for non-accredited investors, where virtually anyone, regardless of income, can select a building leased to a major corporation and earn money from it! Start investing with as little as $500 at https://www.buybits.us/ |