Best Real Estate Investing Advice Ever
JF60: Flippity Flopping Land: Tales of a Land Flipper

How many land flippers do you know? Ain’t too many, right? Today’s Best Ever guest shares with us his advice on buying land low and selling it high. It’s a business model that isn’t discussed often but is working out very well for our guest. Learn about it right meow…

 Tweetable quote:

 

 Our most embarrassing moment turns into biggest learning experience.  

Seth Williams’s real estate background:

-        Active real estate investor since 2008 located in Grand Rapids, Michigan

-        Nearly 10 years of experience as a commercial real estate banker – closed on hundreds of transactions

-        All of his investing has been done part-time and is Founder of www.REtipster.com, a real estate investing blog for part-time investors

-        Main line of business is buying and selling vacant land 

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: Be_Seth_W.mp3
Category:archive1 -- posted at: 3:30am EDT

JF59: Avoiding a Spooookyyyy Home Inspection   

Today’s Best Ever guest shares with you five ways to avoid a spooooky home inspection. This Best Ever advice can save you time and money – let’s go!

Tweetable quote:

So many deals fall though simply because people didn’t show up for inspection. 

Lance Dunahoe’s real estate background:

-        Certified Master Inspector

-        Owner of Inspect 360, home inspection company (www.inspect360.com)

-        Located in Dallas/Fort Worth

-        10 years inspecting properties 

 

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: Be_Lance_D.mp3
Category:archive1 -- posted at: 5:30am EDT

JF58: Turning Smiles into Profits

Combine a long-term vision with best-in-class customer service and what do you get? A company that Inc. Magazine recognizes as one of the fastest growing in the United States. Today’s Best Ever guest shares with us how he helped turn his company from a transactional operator to an industry leader. You’ll hear about achievements, mistakes and everything in between in this candid conversation about building a company from the ground up.

Tweetable quote:

Give investors a positive experience and make them money.

Chris Clothier’s real estate background:

-        Partner and co-owner of Memphis Invest, a turn-key real estate company (www.memphisinvest.com)

-        His company has been recognized by Inc. Magazine as one of the fastest growing private companies in the US for three straight years

-        Memphis Invest has over 2,600 properties under management

 

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: Be_Chris_C.mp3
Category:archive1 -- posted at: 5:00am EDT

JF57: Peek-a-Boo I See You: Overlooked Costs on a Fix and Flips

How much did it cost to fix up? What did you pay for it? How long did you hold it? What did you sell it for? Those four questions are the four that are typically asked when evaluating the success of a fix and flip deal. However, today’s Best Ever guest shares with us secret, hidden and…spooky (ok, not spooky but it is Halloween season…) expenses that usually get overlooked.

Tweetable quote:

It’s a learning experience. It’s not a failure.

Mark Ferguson’s real estate background:

-        Real estate agent since 2001

-        Fixes and flips between 10 – 15 properties a year  

-        Runs a team of ten that has sold an average of 200 homes a year over the last four years

-        Owner of 11 investment properties

-        Founder of Invest Four More (www.investfourmore.com) – a real estate investing blog

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: Be_Mark_Ferguson.mp3
Category:archive1 -- posted at: 4:30am EDT

JF56: The Complete Guide to Staging Your Property

Want to command the most money for your house? Stage it baby! Today’s Best Ever guest talks in detail about how to stage a home so it commands the highest dollar. This info is perfect for all investors doing Lease to Purchase Options.  

Tweetable quote:

Don’t paint your front door red.

Joyce Kelly's real estate background:

-        Real estate agent at Nathan Grace Real Estate

-        Over 10 years of interior design experience

-        Received 2nd place in Window Fashions Envisions National Competition

-        Kaleidoscope People’s Choice Award winner for Interior Design

-        Authored many articles in Drapery and Design Professional and Drapery & Window Coverings

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: The_Complete_Guide_to_Staging.mp3
Category:archive1 -- posted at: 5:00am EDT

JF55: Creative Alternative to Just Renting Your House

Today’s Best Ever guest had a problem. She could sell her house so she was forced to turn it into a rental. But instead of simply renting it she did a lease with option to purchase. Listen to hear how that turned out…

Tweetable quote:

Always have a Plan B.

Holly Williams’s real estate background:

-        Successfully done a lease with purchase option contract (that turned out really well for her)

-        Creatively financed Manhattan apartment

-        Passive investor in tax liens and multifamily syndication

 

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_holly_w.mp3
Category:archive1 -- posted at: 5:30am EDT

JF54: Pros and Cons of Passive and Active Investing

Today’s Best Ever guest shares with you what he has learned from actively investing in real estate and comparing that to passive investing in another investor’s deal.

Tweetable quote:

Just go out and do it.

Pedro Duquesne's real estate background:

-        Passive investor in a large multifamily syndication

-        Active investor in a 6-unit multifamily building

-        Still working his fulltime job in the fashion industry while doing real estate investing

 

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_pedro_d.mp3
Category:archive1 -- posted at: 5:30am EDT

JF53: Cashing in on Revitalized Areas

Buy in an improving area, manage well and watch your value increase. Seems obvious right? Right. But today’s Best Ever guest shares with you a major wrinkle to this plan that can help you increase your property value even more…and faster. 

Tweetable quote:

Is it possible? Yes, so let’s get to work.

 

Al Williamson’s real estate background:

-        Been a landlord since 1996

-        Owner of two homes, one apartment building and one commercial building

-        Author of Building Wealth with Inner City Rentals

-        Visit him at www.leadinglandlord.com

 

Subscribe in iTunes and Stitcher so you don't miss an episode!

 

 

Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_al_wi.mp3
Category:archive1 -- posted at: 4:41pm EDT

JF52: A Different Kind of Due Diligence

We all think about due diligence as research on the property we’re going to buy. But, today’s Best Ever guest talks about the importance of conducting more due diligence on his team than the market or property. And he would know because he has invested in Australia, Kansas City, Upstate New York and Ohio…so he’s implemented this advice successfully many times over.

Tweetable quote:

Do more due diligence on your team than your market.

Engelo Rumora’s real estate background:

-        Started with $40,000 in savings and bought first house in 2011 in Australia

-        Then, 6 months later purchased 7 more in Australia and the U.S.

-        Portfolio is valued over $1,000,000

-        Can be found at http://www.engelorumora.com/

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_engelo_r.mp3
Category:archive1 -- posted at: 5:30am EDT

JF51:  A Multifamily Biz Model that Quickly Scales Your Wealth

Today’s Best Ever guest shares with you the biz model he uses to quickly scale his apartment investing business. Next week he is closing on a $12,000,000 property – I think you’ll want to hear what he has to say.

Tweetable quote:

Start smart and invest in yourself.

Chris Urso’s real estate background:

-        Raised over $15,000,000 of private equity

-        In last 4 years his company has acquired over $45,000,000 worth of apartments 

-        He and his wife began investing in 2001 originally focusing on residential

-        Co-founder of U.R.S. Capital Partners & Elite Apt Coaching, a multifamily coaching and training program (http://www.eliteapartmentcoaching.com/)  

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Sponsored by: Door Devil – visit  www.doordevil.com  and enter "bestever" to get an exclusive 20% discount on your purchase. 

Direct download: be_chris_u.mp3
Category:archive1 -- posted at: 11:15am EDT