Best Real Estate Investing Advice Ever

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

Best Ever Tweet:

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

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

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

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

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:

http://bit.ly/toploanprograms

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_1731_-_SS_58_Series_16_Part_4.mp3
Category:general -- posted at: 12:29pm EDT

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:

http://bit.ly/toploanprograms

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_1730_-_SS_57_Series_16_Part_3.mp3
Category:general -- posted at: 9:20am EDT

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:

  • Started in 2015, have purchased 3 properties/6 units, now have approximately $85k in equity, monthly cash flow of roughly $700 per month, with an initial investment of only $10k
  • Based in Bethalto, IL
  • Say hi to them at their new real estate blog http://www.ragstonicerrags.com/
  • Best Ever Book: The Book on No and Low Money Down by Brandon Turner

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_1729_DJ__Erin_Cummins.mp3
Category:general -- posted at: 8:40am EDT

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:

  • Host of the Master Passive Income Podcast
  • Active real estate investor who quit his job at 37 thanks to his rental property investing
  • Based in Peoria, AZ
  • Say hi to him at:
  • Best Ever Book: Richest Man in Babylon

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_1728_Dustin_Heiner.mp3
Category:general -- posted at: 1:59pm EDT

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:

  • Full time real estate professional, focuses on helping others invest while building his portfolio
  • First year as a real estate business owner, he assisted in closing over $20 million in transactions
  • Based in Hoboken, NJ
  • Say hi to him at https://www.hardmoneyproject.com/
  • Best Ever Book: A Million Bucks by 30

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_1727_Ed_Hendrickson.mp3
Category:general -- posted at: 12:07pm EDT

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:

  • Owner of Buying Cincinnati Houses
  • Has done over 10 deals with no cash out of pocket
  • Completed several land contract deals that he was able to flip with little more than sweat equity
  • Based in Cincinnati, OH
  • Say hi to him at https://www.facebook.com/alex.holt.777
  • Best Ever Book: Rich Dad Poor Dad

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_1726_Alex_Holt.mp3
Category:general -- posted at: 9:29am EDT

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

Direct download: JF_1725_Follow_Along_Friday.mp3
Category:general -- posted at: 11:32am EDT

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:

http://bit.ly/toploanprograms

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_1724_-_SS_56_-_Series_16_-_Part_2.mp3
Category:general -- posted at: 1:17pm EDT

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:

http://bit.ly/toploanprograms

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_1723_-_SS_55_-_Series_16_-_Part_1.mp3
Category:general -- posted at: 8:56am EDT