Best Real Estate Investing Advice Ever

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

Direct download: JF_2051_Travis_Smith.mp3
Category:general -- posted at: 7:00am EDT

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:

  • 25+ years of real estate investing experience
  • Developer, builder, and syndicator in multi-family and industrial
  • Currently owns 500+ properties
  • From Meridian, Idaho
  • Say hi to him at www.shannonrobnett.com  

 

 

 

Best Ever Tweet:

“Communicate early and often” - Shannon Robnett

Direct download: JF_2050_Shannon_Robnett.mp3
Category:general -- posted at: 7:00am EDT

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

Direct download: JF_2049_Alex_Talcott_.mp3
Category:general -- posted at: 7:00am EDT

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

Direct download: JF_2048_Erik_Cabral.mp3
Category:general -- posted at: 7:00am EDT

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:

  • Partner of REI Nation 
  • REI Nation manages an $800 million (M) portfolio consisting of single-family residentials
  • Chris personally owns $12-15M in residential holdings and commercial real estate
  • 18 years of real estate investing experience
  • From Memphis, TN
  • Say hi to him at: www.reination.com   

 

 

 

Best Ever Tweet:

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

Direct download: JF_2047_Chris_Clothier.mp3
Category:general -- posted at: 7:00am EDT

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

Direct download: JF_2046_-_SS_126_-_Series_61_.mp3
Category:general -- posted at: 7:00am EDT

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:

  • Owner of Fearless Flipping
  • 5 years of real estate investing experience
  • Currently has 11 AirBnBs
  • Located in Fresno California

 

 

 

Best Ever Tweet:

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

Direct download: JF_2045_Kyle_Stanley.mp3
Category:general -- posted at: 7:00am EDT

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:

  • A full-time real estate broker
  • 3 years of real estate experience
  • His portfolio consists of 23 properties, 4 he personally owns
  • From Oklahoma City, OK

 

 

 

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

Direct download: JF_2044_Will_Fraser.mp3
Category:general -- posted at: 7:00am EDT

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

Direct download: JF_2043_Solomon_Floyd.mp3
Category:general -- posted at: 7:00am EDT

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

Direct download: JF_2042_Avery_Carl.mp3
Category:general -- posted at: 7:00am EDT