Best Real Estate Investing Advice Ever with Joe Fairless

Coming from representing high net worth and celebrity clients as a lawyer, representing them as their realtor was a natural transition. Now he is one of the top agents/brokers in the country, and does it by building a small, loyal, and high quality brokerage. Billy only takes in people who are performing at a high level already, rather than trying to get in as many agents as possible and charging them for everything possible. Hear why he prefers to build with quality over quantity. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You really have to become a student of the market to be a developer” - Billy Rose

 

Billy Rose Background:

-Founder & President of The Agency & Agency Created, a full-service luxury real estate brokerage/lifestyle company

-Been representing high-net-worth and celebrity clients for more than 30 years.  

-Named the #10 real estate agent in U.S. by The Wall Street Journal REAL Trends sales over $197 million in 2015.

-Agency Creates is a stand-alone creative PR agency that services more than $4B in luxury real estate brands

-Commentator on all things “real estate,” featured in Wall Street Journal, NYTimes, LA Times, Forbes, CNN

-Was a former lawyer/agent to realtor before he obtained broker's license he already developed, designed and sold a

number of "spec" homes.

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

-Based in Los Angeles, California

-Best Ever Book: Delivering Happiness

 

Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

 

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1214_-_Billy_Rose.mp3
Category:general -- posted at: 12:11pm EST

Bernard is here today to tell us how we can use our, or other people’s, retirement accounts to fund real estate transactions. Not only does that help us get deals done, but also helps people earn better returns with their retirement money. We’ll learn about the tax advantages, as well as what is not allowed by tax law. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Over $25 Trillion is sitting there in retirement accounts” - Bernard Reisz

 

Bernard Reisz Background:

- CPA and Principal of ReSure Financial and combines tax, financial, and investment expertise

- Advises on the use of self-directed IRAs and Solo 401(k)s for real estate investing and lending

- Specialized in real estate debt and equity investing using retirement funds, and personally invests in that way

- Based in New York City, New York

- Say hi to him at: https://www.401kcheckbook.com/

- Best Ever Book: Fishing for Fools



Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

 

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1213_-_Bernard_Reisz.mp3
Category:general -- posted at: 11:35am EST

With the birth of his daughter, Pat needed a change. He didn’t want to miss out on his daughters life and with an offshore job, he would have missed 8 months per year. After weighing pros and cons, Pat took the leap, quit his job and began investing full time. Tune in to hear an inspiring story of chasing a goal, and succeeding while improving your life. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Every single property for sale in the Jacksonville area, I called and made an offer” - Pat Flynn

Patrick Flynn Background:

- Owner of Flynn Homes, a real estate investment company

- Launched in late May 2017 2 Beach rental properties, one cashflows $800/month, the other we house hack

-:Total revenue so far is around $750,000 since May 2017

- 5000 direct mail pieces a week along with other marketing campaigns.  

- Based in Jacksonville, Florida

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

- Best Ever Book: 4 Hour Work Week


Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

 

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1212_Pat_Flynn.mp3
Category:general -- posted at: 11:49am EST

Eddie recently launched a brand new crowdfunding REIT, with an emphasis on vision. Eddie and his company take apartment communities and completely overhaul them into super nice communities, from C+ to B+. They want people to wish they could afford living at their communities, only to find out they actually can! We’ll hear a lot of higher level commercial and residential investing tips today, including how to set up a crowdfunding REIT. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Good deals are made not found” - Eddie Lorin

 

Eddie Lorin Real Estate Background:

- Founder of Impact Housing, a new crowdfunding REIT

- 25 years' experience in investment real estate

- Since 2008, SRC has purchased close to 15,000 units in over 40 transactions

- Handled over $700 million in transactions of Class A office buildings and retail space

- Co-founder of 501c3 HAPI Foundation, was developed to promote health and wellness in apartment communities

- Based in Los Angeles, California

- Say hi to him at http://impacthousing.com/

- Best Ever Book: How to Stop Worrying and Start Living



Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

 

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1211_Eddie_Lorin.mp3
Category:general -- posted at: 11:13am EST

Merry Christmas! Today we hear from a wholesaler who takes a different approach to how he deals with all potential sellers and buyers. He was in sales for 20 years, eventually leaving his full time job to pursue wholesaling full time. Now about a year into wholesaling, Garth has been averaging 2-3 deals per month. Surprisingly, he says that his real estate knowledge is not the biggest factor to his early success. Tune in to hear why Garth says that operating with integrity is the single most important thing a new wholesaler can do in order to succeed. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Be straight with everyone you meet” - Garth Kukla

 

Garth Kukla Real Estate Background:

- Founder of Tri-State Discount Real Estate and full time wholesaler

- Over 8+ years of real estate experience to create a real estate investment company

- Finds off-market real estate and sells deals to investors who flip or rent the property

- Has a 20-year sales background and been in real estate since 2008 as a landlord and part time flipper

- Based in Newport, Kentucky

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

- Best Ever Book: Rich Dad, Poor Dad



Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

 

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1210_Garth_Kukla.mp3
Category:general -- posted at: 9:56am EST

J Scott earned over $1 million on his first 50 flips. He literally wrote The Book On Flipping Houses. His most recent book, The Book On Negotiating Real Estate gives us expert tips to negotiate like the professionals. If you want to learn how to get better deals on properties and get an edge on your competition, bring pencil and paper when you listen to this one! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Building rapport is building trust” - J Scott



J Scott Real Estate Background:

  • Investor specializing in residential rehabbing/flipping
  • Completed 200 deals since 2008, has bought and sold over $25M in property
  • Earned more than $1,075,291 on his first 50 flips
  • He is the author of the best-selling book, “The Book on Flipping Houses
  • J also runs the website 123Flip.com, which provides insight into every aspect of his real estate business
  • Releasing new book on negotiating for real estate investors in May 2017
  • Based in Washington D.C.
  • Say hi to him at www.123Flip.com  
  • Listen to his Best Ever Advice Here:

http://joefairless.com/podcast/jf217-you-only-have-one-chance-to-make-a-good-flippin-impression/  




Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.


Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1209_-_J_Scott.mp3
Category:general -- posted at: 4:50am EST

Today we will get a breakdown of commercial loans and lenders. Austin has originated over $60 million in commercial mortgage loans since founding RiverStone RECAP four years ago. He’ll tell us the difference between a bank loan vs. CMBS (commercial mortgage backed security) and CMBS vs. life insurance companies. We also get great advice on vetting your mortgage broker. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“There’s a lot of sketchy finance guys with hard money that are trying to screw the owners.” - Austin Peek

 

Austin Peek Background:

- Founder & Principal of RiverStone RECAP, a CRE mortgage firm

- Started RSR 4 years ago and he’s originated over $60MM in commercial mortgage loans across the country

- Recently launched a podcast: Millionaire Interviews

- Based in Jacksonville, Florida

- Say hi to him at: https://millionaire-interviews.com/best-ever to get the FREE quote matrix and CRE Lender List

- Best Ever Book: The Real Estate Game



Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

 

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1208_Austin_Peek.mp3
Category:general -- posted at: 11:35am EST

Today Joe and Theo discuss a concept that Joe learned after attending the Tony Robbins Unleash The Power Within. We’ll also hear business updates and how they can be applied to us as listeners and our businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

Either you dictate the changes in your life of life will dictate the changes in your life




Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.


Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1207_Follow_Along_Friday.mp3
Category:general -- posted at: 4:05pm EST

After a very successful career in football, Carl continued his success trend in business, launching G-III Sports. With his new business, he made outerwear for the NFL. Until one day when reebok bought the licensing rights to make the outerwear. Rather than giving up, cutting costs, and downsizing, Carl and his team hustled working with smaller shops and in return only lost about 10% of his business. Carl Knew that reebok could not make the outerwear as good as they could, and in 18 months G-III Sports was awarded the licensing for outerwear again, which now doubled his business vs. what it was before. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Entrepreneurism is about exploring every idea you have” - Carl Banks

 

Carl Banks Background:

-2x Super Bowl Champion/NY Giants Legend, NFL's 80's All-Decade Team, and Michigan State University Hall of Famer

-President of G-III Sports, the largest licensed sports apparel company in the world that produces for the NFL, NBA, MLB, NHL, etc.

-Founded G-III over two decades ago and responsible for bringing back the iconic Starter satin jacket.

-Travels with NY Giants as an on-air broadcast analyst and serves as a mentor to the team

-The Carl Banks Foundation raises money for a variety of causes, most notably autism research

-Based in New York City, NY

Made Possible Because of Our Best Ever Sponsors:

 

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

 

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.


Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

Direct download: JF_1206_Carl_Banks.mp3
Category:general -- posted at: 9:10am EST

Victor literally wrote the book on raising money for any venture. As an active real estate investor, he raises money for that business, but got his start in the technology field. Currently Victor lives in Ottawa, Canada and invests in Philadelphia. Hear how he is able to raise money and invest in another country. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“That’s our formula” - Victor Menasce

 

Victor Menasce Background:

- Managing partner of US Real Estate Partners LP

- Spent the first 25 years of his career in the high tech industry, for last 9 on real estate investment

- Current specialty involves building new apartments in an infill urban setting across multiple domestic and international markets.

- Author of the book Magnetic Capital: How to Raise All the Money You Need for ANY Worthy Venture.  

- Has raised more than $300 million in his nine-year real estate career!

- Based in Ottawa, Canada

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

- Best Ever Book: Speed of Trust

 

Made Possible Because of Our Best Ever Sponsors:

Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?

Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.

Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.

 

Direct download: JF20120520-20Victor20Menasce.mp3
Category:general -- posted at: 7:23am EST