Best Real Estate Investing Advice Ever with Joe Fairless

Eric left his 6-figure IT job to pursue real estate full time a few years ago. Now he owns properties and prefers to manage them himself. Today he tells us his best ever tips for managing investment properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review.

 

Best Ever Tweet:

“It all depends on where you’re at in your life and what your true opportunity cost is” - Eric Drenckhahn

 

Eric Drenckhahn Real Estate Background:

-A "DIY landlord" who has managed his mid-sized portfolio for years since 2000

-Left his full-time 6-figure IT job to pursue real estate and travel

-Purchased 5 fourplexes and a single-family home, a couple more flips, either as an investor or in the rehab

-Single-family home at a sheriff’s sale that was redeemed away from me.

-Currently focusing on doing a 1031 exchange to a Florida property

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

-Based in St. Paul, Minnesota

-Best Ever Book: The Art of the Deal

 

 

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_1267_-_Eric_Drenckhann.mp3
Category:general -- posted at: 12:52pm EDT

Josh has been investing in real estate for 5 years now and has done a good amount of deals. He’s gotten creative to purchase some of them, and has even done live-in flips with his family living in the house with him! To hear some creative strategies and how to tackle difficult situations click listen on this episode! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review

 

Best Ever Tweet:

“There’s only four banks in our town” - Josh Daniels

 

Josh Daniels Real Estate Background:

- invest in single family homes and small duplex

- Real estate investor for the past 5 years

- has 8 units in his portfolio

- Have completed 8 buy-n-hold deals, flipped 4 properties, wholsaled 2

- Say hi to him at joshcecATgmail.com

- Based in Columbus, Montana

- Best Ever Book: Millionaire Next Door

 

 

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_1266_-_Josh_Daniels.mp3
Category:general -- posted at: 2:43pm EDT

Edwin grew up with his mom being a realtor in Orange County, California. He’s been around real estate for a long time, and spent 10 years in digital marketing. When the economy collapsed around 2007, he thought (correctly so) that social media was going to be how businesses grow in the future. Today he shares a lot of tips with us on how we can attract leads using social media. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The first barrier is the willingness to learn” - Edwin Dearborn

 

Edwin Whittier Background:

-CEO of Premiere Lead Systems

-Featured in the Huffington Post, Entrepreneur, Social Media Today and other national media outlets

-Author of Amazon bestseller, Power Branding Secrets

-Say hi to him at www.premierleadsystems.com

-Based in Las Vegas, Nevada

 

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_1265_-_Edwin_Whittier.mp3
Category:general -- posted at: 5:37pm EDT

Stevie started by learning construction and building homes. She moved onto flipping homes, and eventually container buildings. What was supposed to be a retirement project, turned into a full blow real estate investing business. Make It Modular has taken off in the last year, Stevie and her team don’t see any signs that will change. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Don’t ever take no for an answer, and dream big” - Stevie Bear

 

Stevie Bear Real Estate Background:

-President/ CEO – Make It Modular, Owner of Community Real Estate Investing

-Managing Partner  at UP Capital Funding, Broker/ Owner of Four Directions Realty

-4th generation in Real Estate

-Been involved in Texas real estate since 1997, and has been a licensed Broker/REALTOR  in Texas since 1998

-Say hi to her at http://makeitmodular.com/

-Based in Austin, Texas

-Best Ever Book: Road Less Traveled by Scott Peck

 

 

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_1264_-_Stevie_Bear.mp3
Category:general -- posted at: 10:52am EDT

Scott bought his first home when he was only 14 years old! Now he’s done over 1,500 real estate transactions and he specializes in getting creative with his deals. Scott likes to get creative when he buys as well as when he sells. To hear expert tips on creative financing from both the buying and selling side, listen to this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Decide that you’re not gonna let adversity take you down” - Scott Ulmer

 

Scott Ulmer Real Estate Background:

-Owner of Little Pink Houses of America

-Bought his first home when he was 14 years old, and started investing full-time right after high school

-Developed unique Lease-Purchase program coined “ABLE” (Assembling Buyer Lease Estates)

-Has done 1,500 real estate transactions, specializing in non-traditional, creative, no-money, no-credit style deals

-Say hi to him at www.pinkaffiliates.com   904-500-PINK (7465) ext. 2

-Based in Jacksonville, Florida

-Best Ever Book: Good to Great by Jim Collins

 

 

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_1263_-_Scott_Ulmer.mp3
Category:general -- posted at: 4:52pm EDT

Jared started in real estate 5 years ago. Now he has over 75 rental units of his own, and manages over 100 more for his clients. Jared prefers the south side of Chicago, which he says is an often forgotten area of the city. He has a lot of wisdom to share with us today with both investing and managing properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“When there’s zero processes in place, everything is chaotic” - Jared Kott

 

Jared Kott Real Estate Background:

-Owner of Marblestone Property Group, a property management company

-South Side Chicago real estate investor, an often forgotten area of the city

-Has accumulated 75 rental units, over 100 under management in under 5 years with no prior real estate experience

-Has a long lasting relationship with Secure Pay One, whom they partner with

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

-Based in Chicago, Illinois

-Best Ever Book: Never Split the DIfference

 

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_1262_-_Jared_Kott.mp3
Category:general -- posted at: 4:40pm EDT

Tim helps people keep as much money as possible, paying attention to what is going out, what he calls “playing defense”. He is also an investor with a pretty extensive background. We’ll not only hear an amazing real estate investing story, but also receive advice on how to maximize our current assets. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“My two biggest mistakes are deals I didn’t do” -  Tim Rhode

 

Tim Rhode Real Estate Background:

-Real Estate Investor and Life Coach at 1 Life Fully Lived

-Founder of 1Life Fully Lived and the co-founder of Gobundance

-Has sold real estate for approximately 18 years and sold over 2,500 homes in that period

-Hosts conferences twice a year for those looking to up their game in real estate investing

-Based in Portola, California

-Say hi to him at http://www.1lifefullylived.org

-Best Ever Book: Richest Man in Babylon



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_1261_-_Tim_Rhode.mp3
Category:general -- posted at: 5:17pm EDT

Craig tells us about his lifestyle of financially maximizing his own duplex and car. We’ll hear the pros and cons of house hacking on an extreme level. His role at BiggerPockets is to keep track of all of the finances, but he is also an investor. An interesting story that surely has value for all different levels of investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Don’t be afraid to be uncomfortable” - Craig Curelop

 

Craig Curelop Background:

-Financial Analyst at BiggerPockets full time

-Real Estate Investor, known as "Life Hacker" - Realizing maximum efficiencies on investments

-Closed on first property in June 2017, a duplex that he’s currently house hacking.

-Purchased a duplex, rents out the top and AirBnb my bedroom

-Would like to partner up with someone and purchase another multifamily property this year  

-Say hi to him at www.biggerpockets.com

-Based in Denver, Colorado

-Best Ever Book: Never Split the Difference

 

 

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_1260_-_Craig_Curelop.mp3
Category:general -- posted at: 9:33pm EDT

Chad is here as a financial planner to very high net worth individuals, to tell us how to plan our financial future. As real estate investors our path can be different than a W2 worker. Chad has helped a lot of investors make financial plans so have pen and paper ready for this one! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Be growth oriented with a focus of income” - Chad Shaw

 

Chad Shaw Background:

-Founding partner of MST Financial Wealth Management and Insurance Services

-Qualifying member of the Million Dollar Round Table, the premier association of financial professionals

-An investment advisor and broker, working closely with real estate investors

-His team of five financial advisor partners offer high quality investment, tax, insurance & wealth management advice

-Say hi to him at http://chadshaw.nm.com/

-Based in Orange County, California

-Best Ever Book: Principles by Ray Dalio

 

 

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_1259_-_Chad_Shaw.mp3
Category:general -- posted at: 3:13pm EDT

James is here to tell us about an evening ritual he uses and writes about in his best selling book. He is also a real estate investor and has advice for investors as well. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“This is for anyone who wants more success” - James Colburn

 

James Colburn Background:

-Worked for more than two decades in executive and entrepreneurial roles in marketing, real estate, and consulting.

-Best selling Author of RESUCCEED revealing the 5-Minute Epic Evening Ritual, tips and tricks of top performers

-Speaks on finding fulfillment and success in real estate with the help of James Colburn's Epic Evening Ritual

-Known for his real estate team building activities and his epic 5 minute rule

-Say hi to him at http://www.jamescolburn.net/   

-Based in Seattle, Washington

 

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_1258_-_James_Colburn.mp3
Category:general -- posted at: 5:10pm EDT