Best Real Estate Investing Advice Ever

After being a very successful house flipper, Jimmy decided he wanted to pivot into buy and hold. In order to gain experience, knowledge, and credibility, he decided to be a limited partner on some deals first. With everything learned from that experience, Jimmy and his team were able to start acquiring their own multifamily deals. Hear how he did it, and what he learned along the way. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“6 weeks into the deal, and we’re still discovering surprises” - Jimmy Edwards

 

Jimmy Edwards Real Estate Background:

  • Owner of High Five Group
  • Been in real estate space for 12 years, flipped over 100 houses and in 400 multifamily units - both passively and actively
  • Has primarily focused on single-family homes, and is aggressively looking to acquire properties in the multifamily space.
  • Say hi to him at www.highfivemultifamily.com
  • Based in Dallas, TX
  • Best Ever Book: Rich Dad Poor Dad

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1421_-_Jimmy_Edwards.mp3
Category:general -- posted at: 9:37am EDT

Darren is an expert in his field and has built a tremendous company and investing strategy. He was doing smaller group homes before he saw the big need for senior housing. Along with senior housing, Darren also has development deals in process. You’ll hear informative tips for a couple of different strategies in this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Just get out there and do your first transaction” - Darren Voros

Darren Voros Real Estate Background:

  • Co-Founder of CareHaus Properties Inc
  • Focused on creating investment opportunities around a growing demographic of people needing fully accessible, barrier-free, and technologically ‘smart’ rental options
  • Through strategic and innovative partnerships with builders, developers, and healthcare professionals we bring something truly unique to our investors
  • Say hi to him at http://www.carehaus.ca/
  • Based in Toronto, CA
  • Best Ever Book: Think and Grow Rich

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1420_-_Darren_Voros.mp3
Category:general -- posted at: 9:15am EDT

If you’re a syndicator of any type, one issue that arises is how to allocate the equity based on what everyone is doing for the deal. If you found the deal and someone else did the underwriting, who gets what? That is just one example of a potential problem. Jeff has figured out a formula for how to make these decisions. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“I wanted a system that emphasized those areas of greatest need” - Jeff Greenberg

 

Jeff Greenberg Real Estate Background:

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1419_-_Jeff_Greenberg.mp3
Category:general -- posted at: 11:30am EDT

Will became an expert in his field by happenstance. In his words, becoming a digital marketing expert “just kind of happened”. We’ll get tactical advice from Will of what we can do to expand our business and/or brand. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Go out there to try to add value and establish a personal connection” - Will Deane

 

Will Deane Background:

  • Successful entrepreneur as a digital marketing and eCommerce Expert
  • Has built and scaled several multi-million dollar businesses
  • Say hi to him at https://www.unstoppable.co/
  • Based in Austin, Texas

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1418_-_Will_Deane.mp3
Category:general -- posted at: 11:04am EDT

The guys are back for another edition of Follow Along Friday, continuing last week’s talk about common investor questions. A lot of great content in this episode, you’ll want to star, download, bookmark, or whatever else you do to keep track of the good ones! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I would of had that in my underwriting, instead of being surprised by it”

Mentioned In This Episode:

JF1410: How to Answer the Most Common Questions From Passive Investors (Part 1) #FollowAlongFriday with Joe &Theo

The Three Immutable Laws of Real Estate Investing

How to Become an Award-Winning 5-Star Apartment Syndicator

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1417_-_Follow_Along_Friday.mp3
Category:general -- posted at: 9:23am EDT

It doesn’t take much to realize the value that a conversation with a real estate attorney who is also an active investor, can have on your business. Paul and Joe cover real estate contracts extensively in this episode, a lot of great content in this episode! You’ll want to save this episode and listen again. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“If you’re a remote buying, you’ll have a tough time managing the tenants from out of state” - Paul Sian

 

Paul Sian Real Estate Background:

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1416_-_Paul_Sian.mp3
Category:general -- posted at: 9:30am EDT

Chris and his team are extremely bullish on the Dallas - Fort Worth market over the next couple of decades. Because of that, they have been expanding rapidly in the area. From multifamily and industrial to office and urban core, they buy and hold it all! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“People that come out early in the cycle developing tend to do the best” - Chris Powers

 

Chris Powers Real Estate Background:

  • Serial entrepreneur with more than 13 years of real estate development and investment experience
  • Has raised more than $70 million in equity financing through a multitude of high net-worth and family office partners
  • His Company, Fort Capital has invested and developed over $200M in multifamily, industrial and urban properties throughout Fort Worth and the greater DFW Metroplex
  • Say hi to him at https://fortcapitallp.com/
  • Based in DFW, Texas
  • Best Ever Book: Traction

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1415_-_Chris_Powers.mp3
Category:general -- posted at: 9:11am EDT

Today’s guest has a phenomenal way of setting goals and doing things everyday to work towards those goals. We’ll hear about that in the beginning of the episode, followed by more details on the actual investing he has done so far. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Surround yourself with good ideas and feed your mind with good information” - Scott Price

 

Scott Price Real Estate Background:

  • Husband/wife team leading Bonvolo Real Estate Investments
  • Recently a full time real estate investor after 14 years investing while working full time jobs
  • Has a self-funded portfolio of multi-family, SFR, office, retail, medical, & land in WA for buy & hold cash flow
  • Got to where they are by creating & following vision board & plan
  • Say hi to him at http://bonvolo.com/
  • Based in Seattle, WA
  • Best Ever Book: 4 Hour Work Week by Tim Ferris

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1414_-_Scott_Price.mp3
Category:general -- posted at: 9:36am EDT

Best Ever Listeners, today we have the privilege of learning from a celebrity! Justin is the star of Zombie House Flipper on A&E. He worked his way up to flipping over 100 homes and being the star of a TV show. His take on life is refreshing and something we could all use a little more of in our own lives. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“If you help enough people out, eventually the world will give you what you actually wanted” - Justin Stamper

 

Justin Stamper Real Estate Background:

  • Began his career in real estate by flipping his family's foreclosed home when he was 19 years old
  • Worked his way up to becoming a well known real estate investor in Central Florida by buying and renovating over 100 homes
  • Say hi to him at www.americananchorhomes.com
  • Star of Zombie House Flipping on A&E
  • Based in Orlando, Florida
  • Best Ever Book: 48 Laws Of Power

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1413_-_Justin_Stamper.mp3
Category:general -- posted at: 8:33am EDT

Mr. Montagne shared great advice with us once before on the show (find link below). Last time, we learned his real estate strategy, today we learn how he has been able to build his “dream team”. As real estate investors, we are entrepreneurs, and we need to have an excellent team that we can trust to have our backs. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“The best way to find people that you will trust and will help you, is referrals from people that you already trust” - Bobby Montagne

 

Bobby Montagne Real Estate Background:

  • CEO of Walnut Street Finance
  • Real estate entrepreneur with three decades of experience in commercial and residential property development, finance and sales
  • Has successfully overseen $15 billion in career transactions
  • Among an elite class of private real estate lenders that has consistently delivered high-quality returns to partners and investors

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Direct download: JF_1412_-_Bobby_Montagne.mp3
Category:general -- posted at: 9:17am EDT