Best Real Estate Investing Advice Ever

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.

The average millionaire has between three and 10 income streams, proving the fact that in order to maximize your wealth building, you need to diversify. In this episode, Travis talks about three key ways to build those income streams to not only protect your financial future but create passive income that supports your lifestyle today.

 

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Direct download: JF_3192_Passive_Investor_Tips_46.mp3
Category:general -- posted at: 3:00am EDT

Zach Alms is managing partner at 507 Capital, a real estate private equity company focusing on acquiring assets in the Midwest. In this episode, Zach discusses why he loves retail real estate, what ideal vacancy rates are in a retail shopping center, and how to stress test a retail deal.

 

Zach Alms | Real Estate Background

  • Managing Partner at 507 Capital
  • Portfolio:
    • Retail strip centers
    • Small multifamily properties
  • Based in: Mankato, MN
  • Say hi to him at: 
  • Best Ever Book: Who Not How by Dan Sullivan
  • Greatest Lesson: Take the leap. Whatever the lesson is, be willing to take the leap and learn as you go!

 

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Direct download: JF_3191_Zach_Alms_.mp3
Category:general -- posted at: 2:53am EDT

Grant Smith is the Principal at Sharper Capital Partners, an Ohio-based hard money lender committed to funding great projects for residential rehabbers. In this episode, Grant discusses how he studied hard money lending from the ground up to grow a substantial business and how he built a unique real estate portfolio consisting of self-storage, raw land, and an auto repair shop.

 

Grant Smith | Real Estate Background

  • Principal at Sharper Capital Partners
  • Portfolio:
    • 80,000 square feet of self-storage
    • 18 acres of raw land
    • A NNN auto repair shop
  • Based in: Cincinnati, OH
  • Say hi to him at: 
  • Best Ever Book: Atomic Habits by James Clear
  • Greatest Lesson: It’s ok to trust, but verify as well. Do your due diligence before getting involved with a partner or deal.

 

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Direct download: JF_3190_Grant_Smith_.mp3
Category:general -- posted at: 3:00am EDT

Bonus Operations is a series hosted by apartment owner/operator and Best Ever Show host, Slocomb Reed. In each five- to ten-minute episode, Slocomb provides his top takes for executing your business plan and maintaining cash flow.

In this episode, Slocomb shares various options for bringing construction management in-house as you scale your portfolio and four of the reasons he chose to do so, including reducing overall expenses and adding a valuable skill to his resume.

 

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Direct download: JF_3188_Slocomb_Operations_Constructon_Management_.mp3
Category:general -- posted at: 3:22am EDT

Jarred Kessler is the CEO and co-founder of EasyKnock, the first-to-market residential sale-leaseback company. In this episode, Jarred discusses how EasyKnock’s business model aims to break down the barriers keeping 65% of Americans from having a mortgage, provide them with cash to pursue their financial goals, and reward rental tenants for making improvements to their property.

 

Jarred Kessler | Real Estate Background

  • CEO and co-founder of EasyKnock
  • Portfolio:
    • 15th biggest owner of single family homes in the U.S.
  • Based in: New York City
  • Say hi to him at: 
  • Best Ever Book: Never Split the Difference by Chris Voss
  • Greatest Lesson: Experience is invaluable. You don’t always need the latest and greatest.

 

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Direct download: JF_3187_Jarred_Kessler_.mp3
Category:general -- posted at: 3:00am EDT

Dax Ferguson is the CEO at Heritage Construction and Consulting Services, which takes syndicators from due diligence to CapEx execution. In this episode, Dax discusses the technology platform he developed to help investors develop and present CapEx budgets, key factors investors should consider who are looking to bring construction management in-house, some of the biggest projects where he’s lost money.

 

Dax Ferguson | Real Estate Background

  • CEO at Heritage Construction and Consulting Services
  • Based in: Dallas–Fort Worth, TX
  • Say hi to him at: 
  • Best Ever Book: Can't Hurt Me by David Goggins
  • Greatest Lesson: How to put a system in place to create speed without losing quality.

 

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Direct download: JF_3186_Dax_Ferguson_.mp3
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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.

The future is impossible to predict, so the best we can do as investors is to do our due diligence, be conservative in underwriting, and know that potential returns are never promised nor guaranteed. In this episode, Travis discusses three categories of risk when it comes to investing and why it’s so important to determine your risk tolerance before diving in. 

Direct download: JF_3185_Passive_Investor_Tips_45.mp3
Category:general -- posted at: 3:01am EDT

Mat Simmons is the owner of SIMM Capital, which invests in value-add multifamily and affordable housing single family properties. In this episode, Mat dives into the world of affordable housing and Section 8 tenants. He shares why it’s not the best asset class for new investors, how he gets properties cash flowing 4 weeks or less, and some of the myths surrounding Section 8 tenants that he wishes more investors knew.

 

Mat Simmons | Real Estate Background

  • Owner of SIMM Capital, value-add multifamily and affordable housing single family investing
  • Portfolio:
    • 3,808 doors
  • Based in: Pittsburgh, PA
  • Say hi to him at: 
  • Greatest Lesson: Do extensive property walkthroughs (even if you waive the inspection) prior to closing on a deal versus after.

 

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Direct download: JF_3184_Mat_Simmons_.mp3
Category:general -- posted at: 3:14am EDT

Kyle Ransford is the CEO of Cardinal Investments, which focuses on value-add repositioning to achieve cash-out refinances. In this episode, Kyle discusses his firm’s strategy to getting investors 100% of their capital back in two to three years and how they approach underwriting to close on the best deals.

 

Kyle Ransford | Real Estate Background

  • CEO of Cardinal Investments, which focuses on value-add repositioning to achieve cash-out refinances, then hold for cash flow. 
  • Portfolio:
    • Over 50 apartment buildings
    • 8 commercial non-residential properties with two in development
  • Based in: Los Angeles, CA
  • Say hi to him at: 
  • Best Ever Book: Getting to Yes by Roger Fisher
  • Greatest Lesson: Don’t underestimate costs, and be realistic about timeframes and capital needed to execute on deals.

 

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Direct download: JF_3183_Kyle_Ransford_.mp3
Category:general -- posted at: 3:00am EDT

Bikran Sandhu is the CFO and co-founder of Rise48 Equity, which acquires commercial multifamily apartment properties, strategically adds value, and creates passive income for its investors. In this episode, he talks about what it takes to scale a multifamily syndication company, the metrics he uses to select target markets, and the biggest factor he’s keeping an eye on to avoid foreclosure.

 

Bikran Sandhu | Real Estate Background

  • CFO and co-founder of Rise48 Equity
  • Portfolio:
    • $1.4B of multifamily properties
  • Based in: Phoenix, AZ and Dallas, TX
  • Say hi to him at: 
  • Best Ever Book: Good to Great by Jim Collins
  • Greatest Lesson: Finding the right partner with a complementary skill set.

 

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Direct download: JF_3182_Bikran_Sandhu_.mp3
Category:general -- posted at: 3:11am EDT

In this episode, Slocomb breaks down the Section 8 program as it relates to landlords and property owners. He shares his own experience with Section 8 in Cincinnati, common misconceptions he’s seen firsthand, and what landlords can expect from working with tenants and their local voucher vendors.

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Direct download: JF_3181_Slocomb_Operations_Section_8_Housing_.mp3
Category:general -- posted at: 3:00am EDT

Christopher Seveney is the CEO and founder of 7e Investments, which invests in distressed mortgages. In this episode, Christopher breaks down the business plan behind distressed mortgage investments to provide investors with a safe return as well as provide borrowers with a realistic path forward for homeownership.

 

Christopher Seveney | Real Estate Background

  • CEO & Founder of 7e Investments
  • Portfolio:
    • 150 notes almost exclusively single family
    • Cumulative experience of over 500 notes
  • Based in: Northern Virginia
  • Say hi to him at: 
  • Best Ever Book: How to F*** Your Startup by Kim Hvidkjaer
  • Greatest Lesson: Set your goals, and be consistent in what you do. Life is a marathon, not a sprint.

 

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Direct download: JF_3180_Christopher_Seveney_.mp3
Category:general -- posted at: 3:00am EDT

Shawn Griffith is managing director at TWT Multifamily, which syndicates value-add multifamily in DFW and other markets in Texas. In this episode, Shawn discusses the major tax benefits he’s seen in his several years of investing full time, the technology he’s using to manage deals and stay in touch with LPs, and how motivations are changing for investors in his syndications.

 

Shawn Griffith | Real Estate Background

  • Managing director at TWT Multifamily, which syndicates value-add multifamily in DFW and other markets in Texas
  • Portfolio:
    • Three properties, 303 doors
    • $30M in AUM actively owned
    • 14 current passive deals and three more full cycle
  • Based in: Denton, TX
  • Say hi to him at: 
  • Best Ever Book: The Power of One More by Ed Mylett
  • Greatest Lesson: Not raising enough capital upfront so there was a significant reserve fund. 

 

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Direct download: JF_3179_Shawn_Griffith_.mp3
Category:general -- posted at: 3:16am 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.

For most Americans, the most expensive cost they have is housing. In this episode, Travis shares four strategies for using real estate creatively to generate passive income that can drastically reduce, and in some cases, completely eliminate your living expenses.

 

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Direct download: JF_3178_Passive_Investor_Tips_44.mp3
Category:general -- posted at: 7:39am EDT

Barrett Linburg is the founder of Savoy Equity Partners, a real estate private equity firm focused on developing and renovating multifamily properties throughout the Sun Belt states. In this episode, Barrett discusses the benefits of properly using the opportunity zone tax structure and what gave him the confidence to dive into ground-up development.

 

Barrett Linburg | Real Estate Background

  • Founder of Savoy Equity Partners
  • Portfolio:
    • 915 ground-up development units (10 projects)
    • 503 ‘50s/’60s renovation units (16 projects)
  • Based in: Dallas, TX
  • Say hi to him at: 
  • Best Ever Book: The New Kings of New York by Adam Piore
  • Greatest Lesson: Continue to do a lot of reps. Keep looking at deals and practice underwriting so you can keep a pulse on the market.

 

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Direct download: JF_3177_Barrett_Linburg_.mp3
Category:general -- posted at: 3:00am EDT

Emily Cortright and Adam Roberts are co-owners of A&E Real Estate Group, which syndicates multifamily real estate. Their portfolio consists of $220 million in AUM with another $60 million that has gone full cycle. In this episode, Emily and Adam discuss their tactical approach to tackling high vacancy rates, why it’s important to know the sponsorship teams on your LP deals, and how they are becoming the bank on their single family investments.

 

Emily Cortright and Adam Roberts | Real Estate Background

  • Co-owners of A&E Real Estate Group, which syndicates multifamily real estate
  • Portfolio:
    • $220MM AUM with another $60MM that has gone full cycle
  • Based in: Fort Worth, Texas
  • Say hi to them at: 
  • Best Ever Book: The Banker’s Code by George Antone
  • Greatest Lesson: Get to know the sponsorship team of your deals well.

 

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Direct download: JF_3176_Emily_Cortright_and_Adam_Roberts_.mp3
Category:general -- posted at: 3:00am EDT

Senate Eskridge is a professional multifamily investor and syndicator and real estate investing coach. His portfolio consists of nearly 1,800 doors of value-add multifamily properties across Idaho, Oklahoma, and Texas. In this episode, Senate discusses why he sources his loans from local credit unions, how he’s battling the rise of rehab costs, and which technology tools he’s using to communicate with investors.

 

Senate Eskridge | Real Estate Background

  • Professional multifamily investor and syndicator who has enjoyed helping people learn how to invest in diversified assets.
  • Portfolio:
    • GP of 595 doors
    • LP of 1,200 doors
  • Based in: Twin Falls, ID
  • Say hi to him at: 
  • Best Ever Book: The Power of One More by Ed Mylett
  • Greatest Lesson: Make sure you have full faith and understanding in everything your lender says they can do.

 

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Direct download: JF_3175_Senate_Eskridge_.mp3
Category:general -- posted at: 3:00am EDT

In this episode, Slocomb discusses the most important question you should be covering with your property managers or property management company on a regular basis. He also shares the key data points to touch on in these conversations to establish internal accountability and make sure your property’s strategy is constantly evolving for growth.

 

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Direct download: JF_3174_Slocomb_Operations_Leasing_Process_Question_.mp3
Category:general -- posted at: 2:58am EDT

Brent Barcus is a Partner at i65Capital Investments, where he partners with highly vetted multifamily operators, focusing on capital raising and sourcing deals. He is also an audio producer and sound designer. In this episode, Brent discusses how he is using multifamily investing to build generational wealth, what skills he had to sharpen to make the leap into commercial real estate, and how he rebranded himself from his original career in the music industry to succeed as a real estate investor.

 

 

Brent Barcus | Real Estate Background

 

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Direct download: JF_3173_Brent_Barcus.mp3
Category:general -- posted at: 3:00am EDT

Chad Schieler is founder and principal of Focused Capital, which acquires value-add real multifamily estate assets in markets with strong fundamentals. In this episode, Chad shares his real estate investing journey, which only just started in 2020, how he moved from investing with his own money to raising capital, and the tools he’s using to network and find deals.

 

Chad Schieler | Real Estate Background

  • Founder and principal of Focused Capital, which acquires value-add real multifamily estate assets in markets with strong fundamentals. 
  • Portfolio:
    • 140 units across six properties
  • Based in: Fishers, IN
  • Say hi to him at: 
  • Best Ever Book: Who Not How by Dan Sullivan
  • Greatest Lesson: Delegate and outsource by managing and leading people. 

 

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Direct download: JF_3172_Chad_Schieler_.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.

The BRRRR Method is most often discussed in association with single family homes and fixer uppers. In this episode, Travis discusses how the BRRRR Method relates to value-add multifamily syndications and why it’s gaining popularity as interest rates flatten.

 

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Direct download: JF_3171_Passive_Investor_Tips_43.mp3
Category:general -- posted at: 3:14am EDT

Mark Willis is a certified financial planner with Lake Growth Financial Services, which works with individuals, couples, and business owners who want to grow their wealth in a safe and predictable manner and create tax-free income for life. In this episode, Mark discusses the concept of becoming your own source of financing through a whole life insurance policy which provides guaranteed growth and accessible cash that other investment options cannot.

 

Mark Willis | Real Estate Background

  • Certified financial planner at Lake Growth Financial Services
  • Portfolio:
    • LP in three multifamily syndications
  • Based in: Chicago, IL
  • Say hi to him at: 

 

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Direct download: JF_3170_Mark_Willis_.mp3
Category:general -- posted at: 3:00am EDT

Kyle McGee is the president of Sunchase Construction. His portfolio includes 22 apartment units, 9,000 square feet of office and warehouse space, 35 infill lots, and 5 development parcels. In this episode, Kyle discusses his company’s focus on subdivision development, strategies for getting into ground up construction, and how to work with inspectors to achieve your real estate goals.

 

Kyle Stevie | Real Estate Background

  • President of Sunchase Construction
  • Portfolio:
    • 22 apartments
    • 9,000 square feet of office and warehouse space
    • 35 infill lots
    • 5 development parcels
  • Based in: Pensacola, FL
  • Say hi to him at: 
  • Best Ever Book: Who Not How by Dan Sullivan and Ben Hardy
  • Greatest Lesson: Losing my dad right out of college and learning how to pick myself up and make something out of myself.

 

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Direct download: JF_3169_Kyle_McGee.mp3
Category:general -- posted at: 3:00am EDT

Kyle Stevie is the co-founder of Sparen Capital, author of Digital Melting: Making Illiquid Real Estate Assets Liquid Through Tokenization, and senior logistics account executive at Total Quality Logistics, one of the largest freight brokerage firms in the nation. In this episode, Kyle takes a deep dive into the world of tokenization and blockchain technology as it relates to real estate and the benefits this revolution is estimated to have for investors.

 

Kyle Stevie | Real Estate Background

  • Co-founder of Sparen Capital, a concierge-style realty service that buys and sells properties through market-driven data analytics and a deep understanding of client needs.
  • Portfolio:
    • One multi-use property
    • Two commercial properties
    • Total value: $7.6M
  • Based in: Fort Thomas, KY
  • Say hi to him at: 
  • Best Ever Book: Tools of Titans by Tim Ferriss
  • Greatest Lesson: Investing and attending all investor calls in 10XTS.

 

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Direct download: JF_3168_Kyle_Stevie.mp3
Category:general -- posted at: 3:00am EDT

Tim Herriage is executive director at RCN Capital, a leading nationwide lender for real estate investments. In this episode, Tim discusses how to improve your chances of getting capital, how to be profitable in the lending business, and how to build a legacy by tracking net worth vs. cashflow.

 

 

Tim Herriage | Real Estate Background

  • Executive director at RCN Capital
  • Portfolio:
    • 7,000 loans per year across 45 states
  • Based in: South Windsor, CT
  • Say hi to him at: 
  • Best Ever Book: Start with Why by Simon Sinek
  • Greatest Lesson: Do one more, no matter what it is. If I had just kept one more home per year, it would be about $10 million more in net worth. Start keeping assets now, and let time do its thing.

 

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Direct download: JF_3167_Tim_Herriage_.mp3
Category:general -- posted at: 3:06am EDT

Caleb Johnson is the founder of Red Sea Capital Group where he focuses on broker relationships and asset management for commercial real estate syndications. In this episode, Caleb discusses the advantages to investing in smaller to midsize multifamily properties, shares how to prove yourself to GPs and capital raisers as a new syndicator, and breaks down his first value-add deal.

 

Caleb Johnson | Real Estate Background

  • Founder of Red Sea Capital Group
  • Portfolio:
    • Five properties across three states
    • One retail property
    • Four multifamily properties
  • Based in: Phoenix, AZ
  • Say hi to him at: 
  • Best Ever Book: Secret of Closing the Sale by Zig Ziglar
  • Greatest Lesson: Have someone you trust that truly knows underwriting to give you a second opinion on your early deals.

 

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Direct download: JF_3166_Caleb_Johnson_.mp3
Category:general -- posted at: 3:00am EDT

J Scott is co-owner of Bar Down Investments, which offers passive investment opportunities to individuals and companies looking to build wealth and diversify their retirement strategy. In this episode, J discusses why the commercial real estate industry is unlikely to suffer in the next few years, why the past few years of economic expansion has actually hurt investors, and what he’s doing to pivot his investment strategy during economic uncertainty.

 

J Scott | Real Estate Background

  • Co-Owner of Bar Down Investments
  • Portfolio:
    • About 750 multifamily units
    • About 80 single-family units
    • LP investments
  • Based in: Sarasota, FL
  • Say hi to him at: 
  • Best Ever Book: Best Ever Apartment Syndication Book by Joe Fairless and The Goal by Eliyahu M. Goldratt
  • Greatest Lesson: Transactional real estate is not the best way to go - holding is better than selling and is usually the best way to build wealth.

 

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Direct download: JF_3165_J_Scott_Audio.mp3
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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.

Would you want to trade lives with a bedridden billionaire? Probably not. In this episode, Travis discusses three health hacks he uses in his daily life to improve his overall wellbeing, help him achieve his goals, and enjoy the life he has built through passive income.

 

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Direct download: JF_3164_Passive_Investor_Tips_42.mp3
Category:general -- posted at: 3:04am EDT

Elijah Brown is co-founder and managing partner of GoldHawk Capital, which operates a fund of funds structure where they pool capital to invest in sponsors. In this episode, Elijah discusses what a fund of funds is, what skills are needed to be a great fund of funds manager, and how he vets sponsors to make the most of his money.

 

Elijah Brown | Real Estate Background

  • Co-Founder and Managing Partner of GoldHawk Capital 
  • Current real estate portfolio consists of:
    • 870 multifamily units
    • 100 short term rentals
  • Based in: Phoenix, AZ
  • Say hi to him at: 
  • Best Ever Book: The E-Myth by Michael E. Gerber
  • Greatest Lesson: I released a contractor to proceed on a deal that I wouldn’t be able to check in on for a month. When I finally got to check on it again, it was a disaster. I should have waited to pull the trigger on the deal or hired someone to be present while I was away.

 

 

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Direct download: JF_3163_Elijah_Brown_.mp3
Category:general -- posted at: 3:00am EDT

At this year's Best Ever Conference in March, Matt Faircloth and Andrew Cushman sat down with Joe Fairless to discuss his path from real estate newbie to $2.7B AUM. In Part II of this two-part conversation, Joe shares tips on raising capital in an investor-hesitant market, the benefits to vertical integration as you scale, and his thoughts on what the commercial real estate market holds in 2023.

 

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Direct download: JF_3162_Fireside_Chat_2.mp3
Category:general -- posted at: 3:00am EDT

At this year's Best Ever Conference in March, Matt Faircloth and Andrew Cushman sat down with Joe Fairless to discuss his path from real estate newbie to $2.7B AUM. In Part I of this two-part conversation, Joe details his early challenges as an apartment syndicator, how he overcame them, and what he learned about real estate investing — and himself — in the process.

 

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Direct download: JF_3161_Fireside_Chat_1.mp3
Category:general -- posted at: 3:00am EDT

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