Mon, 31 December 2018
Shane has multiple successful strategies he uses in his real estate investing career. Hear the sacrifices he made to grow his business to where it is today, and how he is able to divide his focus across multiple strategies and businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’re never gonna win on the sidelines, you can analyze all you want, but you eventually have to pull the trigger” - Shane Connor Shane Connor Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sun, 30 December 2018
As real estate investors, we love real estate! Tyrone had a different experience with real estate investing, not a good one. He fell in love with the stock market after that and never looked back. Now Tyrone not only helps his own portfolio and wallet, he helps others learn how to invest in the stock market, with a lot of real estate investor clients that just want to diversify. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You can buy shares in these companies as they’re rising” - Tyrone Jackson Tyrone Jackson Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sat, 29 December 2018
Jason and Carrie are partners in life and partners in real estate. Together they have built a big portfolio of real estate, comprised of mostly small multifamily buildings. They have also been able to acquire a lot of them through seller financing. Hear how they are able to find and close on so many seller financed deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We were improving the value of the property and increasing the income, so we could absorb a higher monthly mortgage and still cash flow” - Jason Harris Jason and Carrie Harris Real Estate Backgrounds:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Fri, 28 December 2018
You may have heard of Stessa before, they’re only our current show sponsor. You’ve heard what I have to say about them in the intro, today we will dive in deeper and learn more about what Stessa is and how it can help you with your real estate investing business. From seeing investment performance at the press of a button, to tracking income and expenses, Stessa can help us see performance and make informed decisions. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We have the ability to make the product free” - Heath Silverman Heath Silverman Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Thu, 27 December 2018
JF1577: How To Raise Capital From Private Investors Part 6 of 8 | Syndication School with Theo Hicks
Now we have found our investors, had a phone call, and have sent them a deal. Now we’ll have to conquer their objections. Theo will discuss what are common objections and how to handle them. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You need to have alignment of interests" Free document for this episode: Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever
Direct download: JF_1577_-_SS_26_-_Series_11_-_Part_6.mp3
Category:general -- posted at: 10:11am EDT |
Wed, 26 December 2018
JF1576: How To Raise Capital From Private Investors Part 5 of 8 | Syndication School with Theo Hicks
Ready for some more apartment syndication knowledge? Lucky for you, Theo has plenty more knowledge to drop on us today. We’ll be learning more about raising the money we need to complete these deals. Specifically, we’re discussing how to “court” the passive investors that you have found through the methods discussed in the last two Syndication School episodes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Raising money is all about building trust with someone and if you actually care about them and remember them, it makes raising money easier” Free document for this episode:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Tue, 25 December 2018
JF1575: Buying Seller Financed Debt & Avoiding Prohibited Transactions With Your IRA | Merry Christmas! | with Terry White
Terry has a very extensive background in both real estate and general investments. Along with his own real estate investing, he helps other people invest in real estate and other investments through their Self Directed IRA’s. Hear a different investing strategy and learn what you can and can’t do with your Self Directed IRA. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The individual hasn’t educated themselves enough to know how to avoid doing prohibited transactions” Terry White Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Mon, 24 December 2018
Steeve was like a lot of real estate investors, started buying properties to hold and was self managing. He grew tired of all the work he was having to do, a full time job almost. He started passively investing in apartment syndications and never looked back, even performing his own syndication deals now. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I realized that managing all these units was a full time job” - Steeve Breton Steeve Breton Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sun, 23 December 2018
JF1573: Getting Great Online Reviews For Your Real Estate Investing Biz #SkillSetSunday with Brian Greenberg
Brian is a true entrepreneur, has started and ran numerous businesses, all on the backs of good reviews. He’s had over 10,000 great reviews over his career that has helped his businesses grow. Today he’s here to share how we an get a lot of great reviews for our businesses as well. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I’ve seen businesses have to change everything because of bad reviews” - Brian Greenberg Brian Greenberg Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sat, 22 December 2018
Tyler always knew he was an entrepreneur, wasn’t interested in college, so he took a car salesman job. As he was doing well there, he still wasn’t doing something to utilize his entrepreneurial skills. Enter real estate. He took a REI course and never looked back, purchasing a $1.5 million multifamily property right off the jump. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A lot of things from the states don’t work here in Canada” - Tyler Hassman Tyler Hassman Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Fri, 21 December 2018
For those that don’t know, cost segregation is a way of deferring taxes, usually reserved for larger, multi-million dollar properties. However, Alan and his firm perform the studies on smaller properties - even single family homes, if it makes sense for the investor. Find out why and when a cost segregation study would make sense for you. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Alan Goldstein Real Estate Background:
Best Ever Tweet: “You wanna start dealing with people at higher levels because they will cut your time to get to that level and show you things that you’re not aware of” - Alan Goldstein Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Thu, 20 December 2018
JF1570: How To Raise Capital From Private Investors Part 4 of 8 | Syndication School with Theo Hicks
Yesterday Theo gave us six ways to find passive investors for our apartment syndication deals. Today we’ll hear six ore ways to find our limited partners. If you’ve been following along with this series, you know how important raising money is for this process. These 12 ways to find investors are tested and proven to work by Joe himself. These tactics and strategies have raised enough money from passive investors to close on over $460,000,000 in apartment communities. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “People are more likely to buy or do something when someone we know has bought or done it” Free document for this episode: https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0 Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever
Direct download: JF_1570_-_SS_24_-_Series_11_-_Part_4.mp3
Category:general -- posted at: 11:11am EDT |
Wed, 19 December 2018
JF1569: How To Raise Capital From Private Investors Part 3 of 8 | Syndication School with Theo Hicks
Now we know why people will invest with us, and which entity to use for the capital raise. Now it’s time we talk about finding the actual people and investors that will be investing with you. Theo gives us six great ways to do it today. And we’ll hear six more ways to find our passive investors tomorrow. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Having a thought leadership platform will help you be perceived as an expert” Free document for this episode: https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0 Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Tue, 18 December 2018
Michael had early success with real estate, retired at 45, and then grew bored. He was sitting around and had to figure out what to do now. He’s using his time to help other people do the same as him and obtain financial independence so they can live the life they want. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Sellers are usually hiding some cards” - Michael Zuber Michael Zuber Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Mon, 17 December 2018
We all want to increase our net worth (usually). Mark is a financial planner and here to talk to us about how he has been able to increase clients net worth by over $500,000,000. One great way he does this is through real estate, and pairs it with whole life insurance. Confused? Me too, until I listened to his explanation in this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Even real estate is only worth what someone else is willing to pay for it” - Mark Willis Mark Willis Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sun, 16 December 2018
Harsh jumped industries from banking to energy and hasn’t looked back. He specializes in helping entrepreneurs save money on their energy bills. As real estate investors, we’re constantly bombarded with bills, especially energy bills. Hear how Harsh can help alleviate some of that burden and possible even increase the value on your property. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Most companies charge a lot of additional fees” - Harsh Patel Harsh Patel Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sat, 15 December 2018
Scott is back on the show for a special segment today. We’re going to be talking about a deal he has going on. He found an RV park in the middle of nowhere, bought it, and is now telling us his business plan for the park. If you ever buy an odd property, you know you have to get creative sometimes, let’s learn from Scott’s experience and apply it to our own businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Our main focus is acquiring self storage” - Scott Lewis Scott Lewis Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Fri, 14 December 2018
JF1564: How to Fund The Earnest Deposit In A Hot Apartment Market #FollowAlongFriday with Joe and Theo
Joe and Theo are back to discuss the apartment syndication lessons they learned over the past week. Theo provides an update on two Tampa apartment deals he is analyzing, which includes a tip for how to find new team members when looking into a new deal. Joe provides strategies on how to fund the earnest deposit for an apartment deal in a hot market. Best Ever Tweet: “When you’re working on a deal with a broker, and still want to expand your network, ask the broker for more connections or team member recommendations” Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Thu, 13 December 2018
JF1563: How To Raise Capital From Private Investors Part 2 of 8 | Syndication School with Theo Hicks
Since we’re on the raising money topic, what better time to discuss 506b vs. 506c? How do you figure out which to use? Is one better than the other? What are the differences between the two? All this and more is covered in this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There are no advertising restrictions for a Joint Partnership” Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Free document: https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0
Direct download: JF_1563_Syndication_School_22_-_Series_11_-_Part_2.mp3
Category:general -- posted at: 9:27am EDT |
Wed, 12 December 2018
JF1562: How To Raise Capital From Private Investors Part 1 of 8 | Syndication School with Theo Hicks
Were back with more syndication school episodes. Today we’re going to start talking about raising the money from private investors. You’ll need to get verbal commitments from investors so that you’ll know how much you can raise and what kind of properties you can buy. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Once we know how much money we can raise, we’ll know what kind of properties we can buy” Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Free document: https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0
Direct download: JF_1562_Syndication_School_21_Series_11_Part_1.mp3
Category:general -- posted at: 8:54am EDT |
Tue, 11 December 2018
Neal is a Best Ever listener and now a first time guest on the show. His approach to real estate was to become a Realtor to help pay for his PhD, and now he owns a full service firm specializing in investment properties. A lot of his clients come to him as ‘green’ investors that need some more education and help to get going. He will help them learn the ropes of real estate investing before helping them purchase a property. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Provide a lot of value for the investors” - Neal Collins Neal Collins Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Mon, 10 December 2018
As a full time engineer for the county, Colin had a decent income, but did not enjoy his job. He enjoyed real estate and got his real estate license, after two years of being an agent, Colin was making as much as his engineer salary in just six months. Hear how he was able to have such success while also working full time, and eventually quit his engineer job. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you’re asking the question “can you be my mentor?” you’ll probably always get the no answer” - Colin Smith Colin Smith Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sun, 9 December 2018
Nathan has been on before a couple times, but he brings so much value we had him on again! If you’re waiting to raise money from investors, you’ll want to hear what Nathan has to share with you in this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I try to help people become successful and avoid the mistakes that I have made” - Nathan Tabor Nathan Tabor Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Sat, 8 December 2018
Today Joe is talking with Michael about his keys to successful renovations on single family homes. With over $100,000,000 in successful transactions, it is safe to say he has plenty of experience and knowledge to share. If you’re renovating anything, especially single family homes, you’ll want to hear these tips. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “When you’re dealing with a total rehab, it’s very important to assess the property correctly” - Michael Jordan Michael Jordan Real Estate Background:
Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Fri, 7 December 2018
JF1557: How to Tour An Apartment Community Without Your Property Management Company #FollowAlongFriday with Joe and Theo
Joe and Theo are back for another round of business updates in today's Follow-Along Friday. Theo outlines the process he followed when touring an apartment without your property management company and what you need to send your management company in order for them to help you with your underwriting assumptions. Joe had a new investment offering call last night and offers tips he's learned from doing over 20 calls. Best Ever Tweet: “I took all the pictures I could, specifically of things I knew needed work” Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever |
Thu, 6 December 2018
JF1556: How to Build Your All-Star Apartment Syndication Team Part 4 of 4 | Syndication School with Theo Hicks
The Process for Hiring Attorneys, Mortgage Broker, and an Accountant
Three huge parts of your team are discussed today. When, why, and how to hire great attorney’s, mortgage broker and an accountant. If you haven't listened to the first parts of this series, you should get caught up there first. Those were episodes 1548, 1549, and 1555. Once you have all these team members in place, you’re one giant step closer to closing your first apartment syndication. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you’re doing a complicated deal, expect to spend at least $40k on the PPM” Free document for this episode: Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever
Direct download: JF_1556_-_Syndication_School_20_-_Series_10_-_Part_2.mp3
Category:general -- posted at: 9:37am EDT |
Wed, 5 December 2018
JF1555: How to Build Your All-Star Apartment Syndication Team Part 3 of 4 | Syndication School with Theo Hicks
Today Theo will cover another important part of your apartment syndication team, finding and hiring real estate brokers. This will most likely be your best source for deals so getting in with a good broker is HUGE for you syndication business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Win them over and eventually they might send you off market deals. Brokers are going to be one of your best deal sources.” Free document for this episode: Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever
Direct download: JF_1555_-_Syndication_School_19_-_Series_10_-_Part_1.mp3
Category:general -- posted at: 9:35am EDT |
Tue, 4 December 2018
After college, Paul thought that selling pizza and beer at a restaurant he opened was the answer to financial success. While that may work for some people, after 10 years, Paul was about $140k in debt. He always had an interest in real estate so he finally quit the restaurant business and jumped into real estate. Hear how he’s been able to make over $300 in his first 16 months. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Business is a 24/7 sport and someone else is always trying to take your job” - Paul Swack Paul Swack Real Estate Background:
Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him mbelsky@easterneq.com |
Mon, 3 December 2018
As a professional pilot and 16 years of real estate investing, Bill was doing really well. He took it a step further recently by syndicating a 216 unit apartment community! Joe and Bill will focus mostly on that deal, how it happened, what the business is, and how he’ll execute his business plan. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Once I found great partners, it made everything easier” - Bill Zahler Bill Zahller Real Estate Background:
Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him mbelsky@easterneq.com |
Sun, 2 December 2018
JF1552: Think Like A Programmer For A More Efficient & Effective Investing Business #SkillSetSunday with Tim Bornholdt
Tim and his company specialize in creating great apps for companies. He’s also made a connection for us as real estate investors, how thinking like a programmer can help us a scale a business faster. He can even build an app to help us with that! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you can apply those 5 steps to any part of your business, you’ll start thinking like a programmer” - Tim Bornholdt Tim Bornholdt Real Estate Background:
Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him mbelsky@easterneq.com |
Sat, 1 December 2018
Stefan was “sick and tired of being poor” when he came across Rich Dad Poor Dad. He sold all of his rock band equipment and jumped all in with real estate investing. After a few years, he was elected into the Rich Dad Hall of Fame! Hear his strategy for starting from scratch and building a multi million dollar portfolio. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I was sick and tired of being poor” - Stefan Aarnio Stefan Aarnio Real Estate Background:
Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Best Ever Listeners: Do you need debt, equity, or a loan guarantor for your deals? Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky. I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help. See how Marc can help you by calling him at 212-897-9875 or emailing him mbelsky@easterneq.com |