Best Real Estate Investing Advice Ever with Joe Fairless

Michael caught the real estate bug by reading books and saving money until he had enough to start investing. He worked his way up to 31 units in just 9 months. Hear the systems and people that it takes to scale that quickly, especially when starting from scratch. We’ll also hear about some of the roadblocks and obstacles that Michael had to figure out ways to get over. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“When I set up the company I told them I wanted final say” - Michael Beeman

 

Michael Beeman Real Estate Background:

  • Started studying real estate in 2016 by listening to podcasts, reading 20 books, and saved 12k
  • 31 multi-family units in 9 months
  • Started an LLC, found 2 investors that believed in him, they purchased 1/2 of his new business
  • Began multi-family investing on May 15, 2017
  • Based in Casey, Illinois
  • Say hi to him at bestevercommunity.com or 317.508.8185
  • Best Ever Book: Best Real Estate Investing Advice Ever

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1345_-_Michael_Beeman.mp3
Category:general -- posted at: 9:20am EDT

Ray is the founder of RealtyShares which is one of the industry’s top platforms for real estate investing. He also co-founded AlphaFlow, which is his current focus and most of the conversation today is focused on AlphaFlow. One unique aspect of AlphaFlow, along with having investments for you, they are one of the very few, if not the only investment platform that is also certified to give you financial advice. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“We’ve expanded that further and offer massive diversification” - Ray Sturm

 

Ray Sturm Real Estate Background:

- Co-founder and CEO of AlphaFlow

- Prior to launching AlphaFlow, he founded RealtyShares, one of the industry’s top platforms for real estate investing

- First and fastest-growing automated real estate investment service

- Applies best practices of professional investment management like diversification, rebalancing, institutional-quality

 data analytics

- Based in San Francisco, California

- Say hi to him at https://www.alphaflow.com/  

- Best Ever Book: The Hard Thing About Hard Things

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1344_Ray_Sturm.mp3
Category:general -- posted at: 11:09am EDT

Yonah is a cost segregation expert. Loyal Best Ever Listeners have heard about cost segregation on the show before, so today we are diving in deeper. We’re going past the basic nuts & bolts of cost segregation and into the nitty gritty details that we have not covered on the show before, including how the new tax code relates to cost segregation. You’ll be quite surprised at how many different parts of a building can qualify for accelerated depreciation. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You have to hang around people who have been doing it and learn from people who have experience” - Yonah Weiss

 

Yonah Weiss Real Estate Background:

-Business Director at a national cost segregation leader, Madison SPECS

-Has assisted clients in saving tens of millions of dollars on taxes through cost segregation

-Generated over 70M in loans in his first year of work at a small financing company.

-Got his broker’s license and went from agent to partner within 6 months

-Based in Lakewood, New Jersey

- Say hi to him at http://www.madisonspecs.com/

- Best Ever Book: As Long As I Live

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1343_Yonah_Weiss.mp3
Category:general -- posted at: 9:25am EDT

Jorge owned over 4000 apartment units before losing it all. He wrote about that experience in his book, Burn Zones. Now Jorge helps people stay in their homes when they can’t afford their mortgages anymore through loan modifications. Jorge also helps other investors do the same thing as him. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“We can cut payments in half because we buy theses at such a discount” - Jorge Newbery

 

Jorge Newbery Real Estate Background:

- Founder of American Homeowner Preservation LLC

- AHP utilizes Regulation A+ to crowdfund the purchase of non-performing mortgages from lenders at big discounts

- Author of Forbes Real Estate Council and amazon best-selling book Burn Zones

- Principal in mortgage, property management brokerage firms and have held real estate licenses in nine states

- Based in Chicago, Illinois

- Say hi to him at: www.notebuyerbootcamp.com

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1342_Jorge_Newbery.mp3
Category:general -- posted at: 11:12am EDT

Heather is the Director of funding at Secured Investment Corp. She has helped many investors secure revolving lines of credit, and has over 15 years of experience. She also invests in real estate herself and has a lot of tips for how you can get better rates on your lending. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“What is the history of this person, have they done this before?” - Heather Dreves

 

Heather Dreves Background:

-Manages Funding with Secured Investment Corp and provides private lenders and real estate investors

-she manages the loan-processing administration and originated $8 million in revolving lines of credit for hard-money

-provides private lenders and investors the ability to connect and build powerful and profitable strategic alliance  

-Based in Coeur D Alene, Idaho

-Say her to him at www.securedinvestmentcorp.com

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1341_Heather_Dreves.mp3
Category:general -- posted at: 6:15am EDT

Joe and Theo are back with weekly updates, what they learned, and how the lessons learned can apply to us. We also have a listener question asking about jumping straight into large multifamily. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The core of what sets us up for success as investors and that is improving ourselves on an ongoing basis”

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1340_-_Follow_Along_Friday.mp3
Category:general -- posted at: 8:47am EDT

Sarah is a canadian investor who has built up a portfolio of single family rentals. By using the BRRRR method, she has been able to grow quickly, in fact she has created $100k in equity in one of her properties in just 1 year! Sarah has been able to use that equity to re-invest and get more properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Don’t make excuses, take action” - Sarah Larbi

 

Sarah Larbi Real Estate Background:

-The Millennial Real Estate Investor, Speaker, Mentor

- By her early 30’s she has seven home portfolio

- Featured in The Toronto Star, 1010 News Talk Radio, and Canadian Real Estate Wealth Magazine

- Host of the “Where Should I Invest?” Podcast

- Inspires young professionals to be property owners and plan for retirement by 50

- Based in Toronto, Canada

- Say hi to her at www.sarahlarbi.com

- Best Ever Book: Secrets of the Canadian Cycle

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1339_-_Sarah_Larbi.mp3
Category:general -- posted at: 9:43am EDT

Brian was a medical student in college before realizing that was the wrong career path for him. He would skip class and go to to bookstores, it was there he came across Rich Dad Poor Dad. After reading that book, like many of us Brian had the real estate bug. Years later, he’s a published author, public speaker, and real estate investor with his own portfolio as well as managing properties for other investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You want to be able to calculate the renovation cost in your head” - Brian Persaud

 

Brian Persaud Real Estate Background:

-Broker and Owner of Brian Persaud Real Estate Team

- He’s covered over 70 real estate topics on his highly acclaimed television show, “Inside Toronto Real Estate.”  

- Continues to share his real estate expertise on shows including HGTV’s “Income Property.”

- Wrote the book on Toronto real estate, a best-seller on Amazon

- Managing single family residential homes to multi-unit apartment buildings, to hi-rise and subdivision development

- Based in Toronto, Ontario

- Say hi to him at https://www.brianpersaud.ca/

- Best Ever Book: Extreme Ownership

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

Direct download: JF_1338_-_Brian_Persaud.mp3
Category:general -- posted at: 10:24am EDT

As the Chief Product & Marketing Officer at the popular real estate publication, Inman, Matthew knows a thing or two about how to brand properly. From drawing people in to keeping them engaged, we’ll hear amazing marketing tips from one of the best in the biz. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Be really good at saying no to stuff, your time is your most valuable commodity” - Matthew Shadbolt

 

Matthew Shadbolt Real Estate Background:

  • Inman's Chief Product & Marketing Officer
  • Oversees all growth, user experience, product, off-platform, brand development and marketing initiatives
  • long-time supporter of Inman's journalism and events, Matthew works closely with the editorial team to shape and enhance the reader experience
  • Based in NYC, NY
  • Say hi to him at https://twitter.com/matthewshadbolt
  • Best Ever Book: Ready Player One by Ernest Cline

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!  

Direct download: JF_1337_-_Matthew_Shadbot.mp3
Category:general -- posted at: 1:06pm EDT

If you need some Best Ever Advice about how to manage your properties, who better than someone who manages 13,000 doors? Andrew has seen thousand of situations come up and has a solution for most of them. Oh yeah, he was also kidnapped by the Russian mob. Briefly hear about that story and more importantly for us as investors, hear some excellent tips for managing properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“When we deviate from those systems, that’s when those properties go the wrong way” - Andrew Probst

 

Andrew Probst Real Estate Background:

  • CEO of HomeRiver Group
  • Over 18 years of experience both in residential and commercial real estate investment management
  • Past National President of NARPM (2015)
  • Kidnapped and held for ransom by Russian Mob.  Movie made about his ordeal. - The Saratov Approach
  • Based in Boise, Idaho
  • Say hi to him at http://www.homeriver.com/
  • Best Ever Book: How to Win Friends and Influence People

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

Are you committed to transforming your life through real estate this year?

If so, then go to CoachWithTrevor.com to apply for his coaching program.

Trevor is my real estate, business, and life coach. I’ve been working with him for years. Spots are limited, so be sure to apply today!

Direct download: JF_1336_-_Andrew_Probst.mp3
Category:general -- posted at: 9:44am EDT