Best Real Estate Investing Advice Ever

Multifamily Fundamentals is a 10-part series hosted by multifamily investor and syndicator Matt Faircloth of the DeRosa Group. In each episode, Matt and his guests dive deep into the fundamentals of not just investing in multifamily, but in building a real estate business. They dissect everything from choosing the right market, to underwriting and financing multifamily properties, to mastering investor relations — all the way to building out your multifamily dream team.

In this episode, Matt Faircloth focuses on the importance of effective communication and trust-building with investors in commercial real estate, emphasizing transparency and honesty in investor relations for long-term success.

 

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Direct download: Faircloth7.mp3
Category:general -- posted at: 2:57am EDT

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

In this episode, Travis Watts discusses why chasing yield isn't the best investment strategy, sharing insights from a mentor with a high net worth who prefers low-risk investments. He emphasizes understanding risk profiles, preparing for market downturns, and determining how much income is enough.

 

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Direct download: JF_3451_Passive_Investor_Tips_82.mp3
Category:general -- posted at: 5:54am EDT

It’s no secret what’s been happening in office real estate across the country since the pandemic. During COVID-19, as work-from-home became ingrained in the American economy, office values plummeted. Now, with $117B in US CRE office debt maturing in 2024 and a 20% vacancy rate (the highest in 40 years), investors with dry powder are preparing to capitalize. 

And it’s not just Institutional investors who are ready to pounce. According to a recent piece in Commercial Observer, Chad Carpenter, founder of Reven Capital, and Ethan Penner, CEO of Mosaic Real Estate Investors, recently launched a $1 billion publicly traded real estate investment trust to raise capital for distressed office opportunity.

In this episode, Brian Pascus, the journalist who wrote the Commercial Observer piece, joins  the Best Ever Show to discuss this trend and what it means for the future of office real estate, and investors.


You can read his full piece here.

 

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Best Ever Conference

Monarch Money

My1031Pros

Direct download: 3450final.mp3
Category:general -- posted at: 3:12am EDT

In this episode, Best Ever Show hosts Ash Patel and Joe Cornwell catch up for an impromptu roundtable discussion. Joe discusses the current state of his business as he tries to compete in a low-inventory multifamily environment, including marketing strategies and how he’s optimizing his deal flow. Meanwhile, Ash discusses the importance of marketing yourself (even on social media), why he thinks interest rates could actually go up rather than down, and why your ADHD might not be a flaw, but a superpower.

 

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Direct download: 49final.mp3
Category:general -- posted at: 3:00am EDT

In this episode, Joe Cornwell interviews Eugene Gershman, CEO of GIS Development Core, discussing real estate development, Gershman's entry into the field through his family business, the importance of planning and team expertise in projects, challenges faced, and the evolution of their business model focusing on partnerships and geographic diversification.

Key Takeaways:

  • Eugene Gershman's journey in real estate began with a family business, highlighting the advantage of having a construction and development background.
  • The importance of meticulous planning, team expertise, and not cutting corners in real estate development for project success.
  • GIS Development Core's business model focuses on partnerships, leveraging land value, and strategic project planning to navigate market challenges and achieve growth.

Eugene Gershman | Real Estate Background

  • CEO, GIS Development Corp
  • Portfolio:
    • 320 unit apartment in permitting
    • 18-unit boutique mix use condo
  • Based in: Bellevue, WA
  • Say hi to him at:
  • Best Ever Book: Oversubscribed by Daniel Priestley
  • Greatest Lesson: Multiple delays and re-work due to incomplete design and coordination.

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Syndication Attorneys

Monarch Money

My1031Pros

Direct download: Eug.mp3
Category:general -- posted at: 3:59am EDT

In today’s episode, Phil Boggia joins our host Ash Patel on the Best Ever Show. Phil is the director of acquisitions at NNN Invest, where they raise equity to buy existing and value-add NNN properties and vacant retail. A former U.S. Marshal and special agent for Homeland Security, Phil pivoted to residential real estate before discovering triple-net leasing. He then made the move to retail investing, focusing on single-tenant NNN investments. In this episode, Phil discusses how he mitigates risk in single-tenant retail, how to land national tenants, and why putting low money down isn’t always the best strategy.

 

Phil Boggia | Real Estate Background

  • Director of Acquisitions / NNN Invest
  • Raises equity to buy both existing cash flow NNN properties and value-add, vacant retail.
  • Based in:  Bergen County, NJ
  • Say hi to him at: 
  • Best Ever Book:  Rich Dad Poor Dad by Robert Kiyosaki

 

Sponsors:

Syndication Attorneys

Monarch Money

My1031Pros

Direct download: Phil.mp3
Category:general -- posted at: 3:38am EDT

Paul Shannon, owner and manager of the RedHawk Real Estate Invest Wise Collective, joins our host Joe Cornwell on the Best Ever Show. Paul is also an owner-operator and LP investor who went from medical equipment sales to buying real estate, eventually investing as a limited partner, which led him to start a fund to help other LPs enjoy the benefits of real estate. In this episode, Paul discusses his strategy for vetting investment opportunities for his LPs, the maturation of the syndication model, his outlook for 2024 and beyond, and more.

 

Paul Shannon | Real Estate Background

  • CEO of Shine Insurance
  • Helps CRE acquisitions and asset management teams build and implement Risk management & insurance strategies
  • Based in:  Bloomington, IN
  • Say hi to him at: 
  • Best Ever Book: Tribal Branding by Patrick Hanlon

 

Sponsors:

Syndication Attorneys

Monarch Money

My1031Pros

Direct download: Paul_Shannon_final.mp3
Category:general -- posted at: 3:47am EDT

Multifamily Fundamentals is a 10-part series hosted by multifamily investor and syndicator Matt Faircloth of the DeRosa Group. In each episode, Matt and his guests dive deep into the fundamentals of not just investing in multifamily, but in building a real estate business. They dissect everything from choosing the right market, to underwriting and financing multifamily properties, to mastering investor relations — all the way to building out your multifamily dream team.

In the episode, Matt Faircloth and Justin Fraser discuss strategies for successfully closing real estate deals, focusing on multifamily properties. They cover topics like equity arrangement, market selection, team building, offer making, and the importance of due diligence to ensure a deal's profitability. Justin shares insights on navigating multifamily acquisitions, emphasizing the critical role of asset management post-offer acceptance. They also delve into the complexities of contracts and negotiations in multifamily real estate.

Key Takeaways:

  • Due Diligence and Team Composition: Effective closing strategies in real estate emphasize the importance of thorough due diligence, careful market selection, and strategic team composition to ensure success.

  • Asset Management in Multifamily Acquisitions: For multifamily acquisitions, the role of asset management is critical, especially in understanding the complexities of contracts and ensuring a smooth transition from offer acceptance to successful closing.

  • Negotiation and Contractual Terms: Negotiations and a comprehensive understanding of contractual terms, such as the significance of a detailed Letter of Intent (LOI), are essential for aligning real estate deals with profitability and investment objectives.

 

Sponsors:

Syndication Attorneys

Monarch Money

My1031Pros

Direct download: JF_3445_Matt_Faircloth_6_Full.mp3
Category:general -- posted at: 3:00am EDT

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.

In this episode, Travis Watts shares his journey from time-for-money jobs to generating significant passive income, enabling a lifestyle of freedom, teaching others, and traveling. He emphasizes the power of passive income to reclaim life and offer choices beyond paycheck-to-paycheck living.

Sponsors:

Syndication Attorneys

Monarch Money

My1031Pros

Direct download: PIT_81_Final.mp3
Category:general -- posted at: 3:00am EDT

In this episode, Ash Patel discusses property management and real estate investment strategies with Mike Zucker, managing partner of Peak Properties LLC. They cover Mike's journey from starting in property management to managing over 8,500 units, focusing on achieving high ROI and low vacancy for real estate investors. Mike shares his approach to property management, the importance of adapting to market changes, and strategies for maintaining and increasing property value.

Key Takeaways:

  • Adaptability and Comprehensive Service: Mike Zucker's extensive experience in property management and real estate investment has led to the management of over 8,500 units, emphasizing the importance of adaptability and comprehensive service in achieving high returns on investment.

  • The Value of Perseverance in Real Estate: Starting from the ground up, Zucker's journey from managing a six-flat building to overseeing a vast portfolio of multifamily and commercial properties showcases the value of perseverance, hands-on experience, and strategic growth in the real estate industry.

  • Strategic Property Management for Success: Peak Properties' approach to property management focuses on maximizing occupancy and minimizing vacancy through proactive measures, detailed analysis of operational costs, and strategic investments, demonstrating the critical role of effective property management in the success of real estate ventures.

Mike Zucker | Real Estate Background

  • Managing Partner, Peak Properties LLC
    • Leads a team of over 150+. Together they manage multifamily and CRE properties, valued at over $3B.
  • Based in: Chicago, IL
  • Say hi to him at: 
  • Biggest Learning Experience: "In good times and bad, smart interest rates and smart debt rule the day."

 

Sponsors:

Syndication Attorneys

Monarch Money

My1031Pros

Direct download: Mike_Zucker_Final.mp3
Category:general -- posted at: 3:00am EDT