Coronavirus pandemic has been a disruption to normal living; from social distancing, to working from home, and even how you look at someone when they cough. We have also seen how banks have been changing the way they lend money, Theo goes over a recent article JP Morgan Chase released on the new rules around borrowing for home loans and how this could be the beginning of how all banks could change. He explains how this could impact the housing market and provides additional studies on what we can expect in terms of house sales.

Click here for more info on groundbreaker.co 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Best Ever Tweet:

“Obviously they will not live on the streets, therefore, they are more likely to move into an apartment and rent. ” -Theo Hicks

Theo is back with another Syndication School episode and this time he will be going over the 11 questions most passive investors will ask you before they invest in your deals. Theo hopes he can arm you with the right mindset when answering these questions to put you in a good position to find investors.

Click here for more info on groundbreaker.co 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow.

Best Ever Tweet:

“Making sure you let them know what your financial review process is very important because if you aren't reviewing your financials your investors are not going to like that." - Theo Hicks

Karl has done over 200 real estate deals focusing on the more difficult deals that no one likes to deal with because there typically is less competition, harder work, but a bigger reward. Some of the deals he likes are multiple heirs, title issues, excess proceeds, and partition sales.

Karl Spielvogel  Real Estate Background:

• Real Estate Investor in Charlotte
• Has done over 200 Real Estate Deals.
• Specializes in Niche Deals/ Solving messy situations that lead to big profits.
• Examples of niche: multiple heirs, title issues, excess proceeds, and partition sales: Some of the Profits from these deals have been 243k, 228k, 163k, etc..
• Say hi to him at : www.UnclekarlsMastermind.com 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“These niche deals are a lot of work, but the profits are very high per deal. ” - Karl Spielvogel

Travis is a full-time investor and the director of Investor Relations at Ashcroft Capital. Travis has written some articles on our blog to help investors during the coronavirus pandemic we are all going through today. As a fulltime passive investor, Travis gives his perspective on what he is seeing in the current market and what he is keeping an eye out for. 

Inflation article

Travis Watts Real Estate Background:

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“There is always a silver lining, there will always be opportunities that pop up. Look at this as an opportunity to educate yourself” - Travis Watts

Dusty is the Owner and Founder of Oxford Business Services, an income planning, and tax strategy expert. He helps people save on their taxes as well as retirement planning. Dusty explains 5 things you might be missing by not having a tax strategy. 

Dusty Rollins Real Estate Background:

• Owner and founder of Oxford Business Services, an income planning, and tax strategy expert
• Helps people save on their taxes, as well as retirement planning
• Based in DeLand, FL
• Say hi to him at https://www.dustyrollins.com/bestever 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“A tax strategy is like a good chess player, it is 3 or 4 moves ahead of an amateur.” - Dusty Rollins

Tim is the Owner of Falls Real Estate, he owns and manages $15-20M in commercial real estate and has over 9 years of experience. The coronavirus has impacted everyone in the market and today Tim explains from a commercial real estate perspective how he is handling rent collection and making property improvements 

Tim Karels Real Estate Background:

• Say hi to him at https://fallsre.com/ 

• Best Ever Book: Richest Man In Town

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“We have to emphasize with everybody but we also have to remember we have our own investors and mortgages to pay and we should look at how we can work together as a team.” - Tim Karels

Jimmy is the founder of Sanddollar Communities, a mobile-home park acquisition firm. Jimmy shares how he was able to wholesale 14 mobile home parks in less than 12 months so if you’re interested in getting into the mobile home park scene, this is an episode you will want to listen to since Jimmy gives his way of finding the right mobile home parks to invest in.

Jimmy Johnson Real Estate Background:

• Founder of Sanddollar Communities, a mobile-home park acquisition firm
• Has wholesaled 14 mobile home parks in less than 12 months for a total of 471 sites in 7 states
• He has also partnered on 149 sites across 4 parks where he helps run daily operations
• Based in Tampa, FL
• Say hi to him at: jimmy@jimmyjohnson.co 
• Best Ever Book: Four Hour Work Week by Tim Ferriss 

Click here for more info on groundbreaker.co 

Best Ever Tweet:

“Anyone can pick up the phone and call but offering to meet in person is very influential.” - Jimmy Johnson

In this episode, Theo goes over a recent blog post written by Evan an Investor Relations Consultant at Ashcroft Capital called “Coronavirus and Commonly Asked Passively Investor Questions”. Theo goes over the entire blog post and adds additional value by adding additional commentary from his point of view.

Coronavirus and Commonly asked passive apartment investor questions

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Click here for more info on groundbreaker.co

Best Ever Tweet:

“Your investors are more focused on you not losing their money.” - Theo Hicks

In this episode, Theo continues the series on the SOS approach to managing your investments during a pandemic from episode JF2033. The SOS approach is a three-step process to guide you on what you should do during a crisis event, and after it passes. SOS acronym stands for Safety, Ongoing Communication, and Summary. Theo will be breaking down each step so you can have a better idea of what you should do during today's pandemic. 

Part 1 of SOS: JF2033 

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Click here for more info on groundbreaker.co 

Jonathan has had 30 years of real estate experience, as an agent, investor, and also a life coach. Jonathan mentions there is a possibility of a second wave of coronavirus and because of this he will be extra careful before jumping in and buying up new real estate. Because of his three unique career paths, he was able to share three separate perspectives on the current market

Jonathan Greene Real Estate Background:

Best Ever Tweet:

“Now is the best time to work “on” the business since we can not spend as much time working “in” the business.” - Jonathan Greene

Avery is the CEO of The Short Term Shop and is in the top 1%  of real estate agents and a short term rental expert. Avery and her husband are focusing on short term rentals to help grow their long term rental properties. Five of their short term rentals funded for 19 other properties. In this episode, she will be sharing their story and how they grow their portfolio with this strategy.

Avery Carl Real Estate Background:

• CEO of The Short Term Shop brokered by eXp Realty
• Top 1% real estate agent and short term rental expert
• Bought her first rental property at 26 and has scaled to 24 doors
• Has connected investors with over $125 million in cash flow short term rental investments
• Based in Pigeon Forge, TN
• Say hi to her at www.theshorttermshop.com  
• Best Ever Book: Ego is the Enemy by Ryan Holliday 

Best Ever Tweet:

“For people looking to bootstrap and cash flow, self-management remotely is a totally doable option and is really the way to go.” - Avery Carl

Eachan founder and CEO of Nestegg, a platform for property management and maintenance that makes being a landlord refreshingly easy. Eachan is a returning guest from episode JF1980, where he shares the ways technology can make your property management easier. In this episode, he is going to share how you should best go about scaling your business to be nationwide.

Eachan Fletcher Real Estate Background:

• Founder and CEO of Nestegg, a platform for property management and maintenance that makes being a landlord refreshingly easy
• Worked as the CTO and VP of product at Expedia where he built and led multiple teams, developed award-winning products
• Has been interviewed previously on the show, that episode will release on February 3rd, 2020
• Based in Chicago, IL
• Say hi to him at https://nestegg.rent/ 
• Best Ever Book: anything written by Steven Pinker

Best Ever Tweet:

“There's a difference between getting bigger and being scalable.” - Eachan Fletcher

Chris is the COO of DLC Management Corp and he currently oversees DLC’s a portfolio of $3 billion. Their goal is to buy value-add properties that are underlease or undermanaged. He explains in detail what a value-add property is and how they analyze if it is a good buy or not. 

Chris Ressa  Real Estate Background:

Best Ever Tweet:

“Don’t be seduced by the price dropping.” - Chris Ressa

Steve is the Vice President of Education for Mynd Property Management. Steve owned a property management company managing about 1000 SFR and he is also an airline pilot for United Airlines. In this episode, he shares the challenges and the psychological issues he was facing when it came to selling his successful business. 

The previous episode Steve Rozenberg was on - https://joefairless.com/podcast/jf172-pros-and-cons-of-investing-in-low-income-properties/

Steve Rozenberg Real Estate Background:

• Vice President of Education for Mynd Property Management
• Educates investors about the benefits of small residential investing with a variety of content, including podcasts, video blogs and more
• Based in Houston, TX
• Say hi to him at https://www.mynd.co/
• Best Ever Book:

Best Ever Tweet:

“Are we doing what's best for the team and for ourselves by keeping it, or are we doing what’s best by selling it?” - Steve Rozenberg

In this episode, Theo shares three ways to get cash from the CARES Act. He explains the 401k distribution, Paycheck protection program loan (PPP), and the Economic Injury Disaster Loan (EIDL) in detail so you will be better prepared during this pandemic. To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Best Ever Tweet:

“Understanding the CARES Act can help many individuals.” - Theo Hicks

Todd owns a company called Apartment Investor Pro, a company that builds websites for apartment investors. Todd gives different items to keep in mind when creating your own website which includes; back end, front end, hosting, and increasing traffic. 

Todd Heitner Real Estate Background:

• Has been building websites for real estate investors for the past 15 years
• His business, Apartment Investor Pro, takes the pain out of setting up a website for your multifamily investing business
• Based in Roanoke, VA
• Say hi to him at www.apartmentinvestorpro.com 
• Best Ever Book:

Best Ever Tweet:

“When choosing a website designer you want to focus on communication. Make sure you choose someone who is easy to communicate with and can understand your goals and vision.” - Todd Heitner

Travis is the CEO of Tribevest and shares the story of how Tribevest came to be and explains how they are being impacted by the coronavirus pandemic. He also shares what he is noticing in other tribes and how they are approaching the market. 

Travis Smith Real Estate Background:

• Founder and CEO of Tribevest
• He is a partner in several investment groups that invest in single-family rentals, multifamily, and commercial real estate
• From Columbus, Ohio
• Say hi to him at: www.tribevest.com

Best Ever Tweet:

“When everyone is panicking and selling, our tribes are pulling capital together, so when the time is right, they will be able to take advantage of great deals.” - Travis Smith

Shannon has 25+ years of real estate experience owning 500+ properties, experienced builder, and syndicator. His family has always been in real estate where dinner conversations consist of real estate deals. In this episode Shannon shares the ways he is approaching his investors and residents to make sure they are all taken care of and his business stays safe. 

Shannon Robnett Real Estate Background:

Best Ever Tweet:

“Communicate early and often” - Shannon Robnett

Alex is a returning guest from episode JF2021. Alex is a managing partner at Seacoast Financial Planning and a partner with Lexdan Real Estate. In this episode, he shares seven deadly signs to say no in business, a deal, or a partnership to make sure you avoid headaches.

Alex Talcott Real Estate Background:

• Managing Partner Seacoast Financial Planning
• Partner with Lexdan Real Estate
• Teaches finance and business law at the University of New Hampshire business school
• Previously shared his Best Ever Advice in episode 1923
• Based in Durham, NH
• Say hi to him at lexdanre@gmail.com 

Best Ever Tweet:

“Don’t say yes to every $50k that you have in the door and say yippie. Talk yourself out of business from time to time to be one of the good guys. ” - Alex Talcott

Erik left corporate America after 20+ years and the catalyst to push him towards another path was getting laid off for the second time. He started by reading Robert Kiyosaki's book “Rich Dad Poor Dad” and the rest is history. He now is the Founder/Co-founder and Host/Co-host of multiple businesses and podcasts.

Erik Cabral Real Estate Background:

• Founder/Co-founder and host/Co-host of multiple businesses and podcasts
• Left corporate America after 20+ years, and jumped headfirst into real estate investing
• Helps investors grow their capital with different real estate investments and sits on the board of the South Jersey Real Estate Investment Association (SJREIA)
• Based in NYC, NY
• Say hi to him at www.podmax.co  
  

Best Ever Tweet:

“Doubling down on your strengths” - Erik Cabral

Chris is a partner of REI Nation and he personally owns $12-15M in residential holdings and commercial real estate. Chris has been on the show before on two other episodes, links are provided below. In this unique episode, Chris shares his thoughts on the differences and similarities in the 2008 crash and the current coronavirus pandemic.

Previous Chris Clothier episodes.

https://joefairless.com/3-common-mistakes-forming-business-partnership/

https://joefairless.com/faith-will-ruin-real-estate-business/

Chris Clothier Real Estate Background:

Best Ever Tweet:

“You need to be in planning mode, you have to plan for the 10 things that could happen.” - Chris Clothier

In this episode, Theo shares 11 tips for collecting rent from your tenants during the coronavirus pandemic. These ideas and tips are from research around the real estate investment community, from some of our previous guests, and from the Best Ever FaceBook community.

To listen to other Syndication School series about the “How To’s” of apartment syndications and to download your FREE document, visit SyndicationSchool.com. Thank you for listening and I will talk to you tomorrow. 

Best Ever Tweet:

“During this pandemic, one idea is to apply your tenant's security deposit towards rent and apply a discount to help your tenant’s out.” - Theo Hicks

Kyle is the owner of Fearless Flipping and has a focus on AirBnBs. He is joining us today to talk about how the coronavirus has impacted his business. One thing he mentions that is helping him during this time is that he doesn’t view his business as an AirBnB business, but more of a short term rental business which is helping him develop plans to weather this storm. Kyle shares some advice that has worked throughout time and is showing how important it is during this pandemic.

Kyle Stanley  Real Estate Background:

• Say hi to him at : https://www.fearlessflipping.com/

Best Ever Tweet:

“Utilizing the 33% rule when analyzing deals has helped me stay comfortable during this pandemic” - Kyle Stanley

Will has been a real estate investor for the past 3 years and has a portfolio of 23 properties all focusing on long term rentals. Will shares how his long term rentals have been impacted by the coronavirus pandemic. He shares the different plans he has in place to collect rent from his tenants and to make sure he helps them out at the same time. 

Will Fraser Real Estate Background:

• Say hi to him at will@craftsmanre.com 

Best Ever Tweet:

“This gives me an opportunity to build a strong and unique relationship with some of my tenants that I wouldn’t have the ability to do otherwise.” - Will Fraser

Solomon is the CEO and founder of Reunion Investments. His business focuses on tertiary real estate markets and they currently are working with the department of defense to provide military housing, which basically guarantees rent for his investors. He explains how he is able to help his passive investors get high returns in uncommon markets.

Solomon Floyd Real Estate Background:

• CEO & Founder of Reunion Investments
• Managing Director of the CTX Global Real Estate Fund
• Served in the US AirForce as an Airman
• Located in Dallas, Texas
• Say hi to him at: https://www.reunioninvestmentsllc.com/ 

Best Ever Tweet:

“Look at these markets and how they operate now in this crisis, and how they handle these issues to be prepared for the future.”  - Solomon Floyd

Avery is the CEO of The Short Term Shop focusing on short term rentals. She purchased her first property at the age of 26 and became a millionaire at 31. In this episode, she shares how they are approaching the market when it comes to renting out properties during the coronavirus pandemic. She also explains how the different types of short term rentals have been impacted and how she would go about renting properties in cities, rural towns, and vacation areas. 

Avery Carl Real Estate Background:

• CEO of The Short Term Shop brokered by eXp Realty
• Top 1% real estate agent and short term rental expert
• Bought her first rental property at 26 and has scaled to 28 doors
• Has connected investors with over $125 million in cash flow short term rental investments
• Based in Pigeon Forge, TN
• Say hi to her at www.theshorttermshop.com  
• Best Ever Book: Ego is the Enemy by Ryan Holiday 

Best Ever Tweet:

“If you're a seasoned investor and you have the cash reserve, now may be a good time to find great deals on properties.” - Avery Carl

Michael served in the US Army Special Operations and is a commercial real estate broker who also invests in real estate holding over 35 rental properties, with over $1.5M assets under management. He started out house hacking his first property and gradually went into wholesaling where he actually lost money. This lesson helped him grow and pivot into focusing more on rental properties which led to him getting his license and partnering with a realtor.

Michael Glaspie Real Estate Background:

• Commercial Real Estate Broker, served in the US Army Special Operations
• Invests in real estate for himself too, holding over 35 rental properties, with over $1.5M AUM
• Based in Fayetteville, NC
• Say hi to him at michaelglaspie@fivepillarsrealty.com 
• Best Ever Book: Go-Giver by Bob Burg 

Best Ever Tweet:

“There are many creative ways to acquire real estate.” - Michael Glaspie

Robert is a young investor who started with house hacking a condo right out of college. He initially had the impression that real estate was only for those with money and it wasn’t for him since he was young and couldn’t afford to buy a house. He now has completed 6 deals and is even focusing on long-distance rentals to find a better ROI. 

Robert Leonard Real Estate Background:

• Real estate and stock investor, podcast host of two shows, 'Real Estate Investing' and 'Millennial Investing', and a full-time Corporate Finance Manager.
• 24 years old, has completed 6 deals, now focusing on long-distance rentals
• Based in Boston, MA
• Say hi to him at https://www.theinvestorspodcast.com/
• Best Ever Book: 

Best Ever Tweet:

“Because of technology, my inspector was on face-time with me as he walked through the property. Showing me the inspections and helping mitigate the risk.” - Robert Leonard

David started investing when he was 19 during his junior year because he didn’t want to go the corp route. Broke, no money, no ability to get a loan, and put a 12-unit under contract. He had about 120-units syndicated before he graduated college. This is a must listen to episode If you want to learn how to overcome the objection “You have no experience.” 

David Toupin Real Estate Background:

• Real estate investor and entrepreneur, Co-Founder of Obsidian Capital, a real estate investment firm
• By the age of 24 he has acquired nearly 600 apartments valued at over $50M, and has a $10M new development projects working on now 
• Based in Austin, TX
• Say hi to him at https://www.obsidiancapitalco.com/
• Best Ever Book:

Best Ever Tweet:

“The answer to the question “You don’t have any experience, why should I invest with you?” The answer to this question was the numbers. Showing them proof that it is a good project” - David Toupin

Ian is the Co-Founder of Archimedes Group, they have sourced, participated, and closed over $20,000,000 deals since 2016. In a previous position, Ian has underwritten over $1 billion in acquisitions and dispositions. He is a mobile home park investor and has been doing it for the past 3 years, and part of his learning how mobile houses work, both him and his partner decided to live in a mobile home park, living in a double-wide sleeping on a blow-up mattress for 14 months alternating weeks with his business partner.

Ian Tudor Real Estate Background:

• Co-founder of Archimedes Group, they have sourced, participated, and closed over $20,000,000 in deals since 2016 
• In his previous position, he underwrote over $1B in acquisitions and dispositions
• Based in Charlotte, NC
• Say hi to him at http://www.archimedesgrp.com/  

Best Ever Tweet:

“Treat your boss nicely, you never know where that relationship will go.” - Ian Tudor