Best Real Estate Investing Advice Ever

Multifamily Fundamentals is a 10-part series hosted by multifamily investor and syndicator Matt Faircloth of the DeRosa Group. In each episode, Matt and his guests dive deep into the fundamentals of not just investing in multifamily, but in building a real estate business. They dissect everything from choosing the right market, to underwriting and financing multifamily properties, to mastering investor relations — all the way to building out your multifamily dream team.

Guest host Matt Faircloth and Vincent Celeste of The DeRosa Group dive deep into the strategies of building and nurturing your investor database to raise capital. 

Key Takeaways

  • Building a Strong Investor Database: Learn how to create an extensive investor database and understand why it's crucial to establish this infrastructure before hunting for deals. Discover strategies to effectively communicate and engage with potential investors, ensuring a solid foundation for future ventures.
  • Creating a Lead Funnel: Understand how leads and potential investors may interact with your business depending on where they are in their decision-making process. More importantly, understand how you can customize your communication efforts to meet them where they are.
  • Creating Engaging Content and Utilizing Social Media: Uncover the power of consistent, educational content creation to attract and retain investors. Learn how to effectively use social media platforms to build credibility, share knowledge, and establish a strong online presence.

 

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BAM Capital

Syndication Attorneys

Direct download: JF_3424_Matt_Faircloth_3_-_Herve_Francois.mp3
Category:general -- posted at: 3:00am 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.

In this episode, Travis reviews a brief history of American tax law to give listeners an accurate perspective of how modern day tax policy fits into the broader historic landscape. He also shares some tips for stacking the odds in your favor when it comes to reducing your tax burden such as investing long term and investing in real estate.

 

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BAM Capital

Syndication Attorneys

Direct download: JF_3423_Passive_Investor_Tips_78.mp3
Category:general -- posted at: 3:00am EDT

Dave Holman, Founder of Holman Homes, explores the world of green building syndications, historic renovations, and innovative refugee housing. He shares how he’s built a $40 million portfolio and is able to give back to his community while remaining profitable.

Key Takeaways

  • Sustainable and Cost-Effective Building Practices: Dave emphasizes the importance of green building and sustainability in real estate, discussing how environmentally friendly practices can be both cost-effective and beneficial for long-term investment. He critiques certifications like LEED, advocating for practical sustainability over marketing gimmicks.
  • Investment Strategies and Refugee Housing: Holman shares the intricacies of managing and investing in refugee housing, highlighting how this approach aligns with both profitability and social responsibility.
  • Renovating and Modernizing Historic Properties: Living in Maine, many properties are circa Revolutionary War construction. Dave shares the challenges and opportunities this creates for investors looking to bring these buildings into the 21st century.

Dave Holman | Real Estate Background

 

Sponsors

BAM Capital

Syndication Attorneys

Direct download: JF_3422_Dave_Holman.mp3
Category:general -- posted at: 3:00am EDT

Sam Bates from Bates Capital Group talks about shifting his real estate business from acquisitions to development, mainly in multifamily and retail spaces, due to recent market changes. He discusses challenges like zoning laws and investor management, and the impact of COVID-19 on the sector. Bates also shares insights on financial strategies and risk mitigation in large-scale real estate development.

Sam Bates | Real Estate Background

  • Owner of Bates Capital Group
  • Portfolio:
    • 1,000+ multifamily units
  • Based in: Dallas, TX
  • Say hi to him at: 
  • Best Ever Book: The Success Principals by Jack Canfield

 

Sponsors

BAM Capital

Syndication Attorneyshttps://www.bestevercre.com/podcast/building-success-insight-int

Direct download: JF_3421_Sam_Bates_1.mp3
Category:general -- posted at: 3:39am EDT

Vanessa Alfaro, a real estate investor with $50 million assets under management and founder of Venus Capital Partners, shares her profound insights on leveraging AI in real estate. This episode, recorded at the onset of 2024, delves into the transformative impact of AI on property management, acquisitions, and investor relations within commercial real estate and how teams can integrate it to maximize returns.

Key Takeaways:

  • AI in Real Estate Operations: Vanessa discusses how AI technologies like chatbots are revolutionizing property management by offering efficient and scalable solutions. She emphasizes the importance of adapting AI not only for acquisitions but also for everyday business operations, ensuring a competitive edge in the rapidly evolving real estate market.
  • AI-Driven Personalization and Efficiency: AI has an extraordinary ability to personalize interactions, both in terms of investor relations and property dealings. Vanessa shares how she uses AI for analyzing investor profiles and broker personalities, enhancing her communication strategies, and optimizing investor engagement processes.
  • Future Trends and Adaptability: Looking towards the future, Vanessa advises listeners to stay adaptable, highlighting the rapid pace of technological development and the need for constant learning and application of new AI tools to stay ahead in the industry.

 

Listen to Vanessa’s previous episode: 3261 - Disrupting the Real Estate Game with AI

Vanessa Alfaro | Real Estate Background

  • Co-Founder of Venus Capital and Founder of LunaX AI
  • Portfolio:
    • $50mm AUM in TX, LA, MS, KY and MO
  • Based in: Houston, TX
  • Say hi to her at: 
  • Best Ever Book: Buy Back Your Time by Dan Martell
  • Greatest Lesson: You pay for education one way or another, either through coaching or through experience and mistakes.

 

Sponsors

BAM Capital

Syndication Attorneys

Direct download: JF_3420_Vanessa_Alfaro_2.mp3
Category:general -- posted at: 3:09am EDT

Daniel Wood, a real estate developer and event promoter from Sweden, reveals the unique challenges and opportunities in European real estate development, particularly in the post-COVID landscape. Daniel shares his expertise in UK investments, his innovative approaches to property development, and the unique way he’s bringing investment education to crowds around the world. 

Key Takeaways:

  • Challenges in European Real Estate Markets: Daniel provides insights into the European real estate landscape, highlighting the differences and challenges compared to the US market. He discusses heavy regulations in some European countries as well as his strategic choice to invest in the UK.
  • The Power of Innovative Investment Strategies: Daniel is a part of the Rich Dad program, bringing Cashflow Clubs to cities worldwide with the hope of educating thousands about real estate investing. He also discusses his unique approach to raising capital through joint ventures instead of traditional fixed-interest models, reducing risk and increasing profitability.
  • Adapting to Market Changes Post-COVID: Daniel shares his experience navigating the real estate market during and after the COVID-19 pandemic. He talks about how the UK property market reacted differently compared to other parts of the world and how he capitalized on government stimulus measures.

 

Check out Daniel’s previous episode: 2463 - Recovering from a Huge Loss

Daniel Wood | Real Estate Background

  • Real estate developer and event promoter
  • Portfolio:
    • Developments in the UK
  • Based in: Gotland, Sweden
  • Say hi to him at: 
  • Best Ever Book: 7 Habits of Highly Effective People by Stephen Covey
  • Greatest Lesson: Switching to joint venture structures in our deals has been worth its weight in gold as opposed to the syndication model.

 

Sponsors

BAM Capital

Syndication Attorneys

 

Direct download: JF_3419_Daniel_Wood_1.mp3
Category:general -- posted at: 3:33am EDT

Wyatt Simon of Full Circle Equity Partners shares his journey from aspiring NBA player to a successful real estate entrepreneur, revealing the strategies and challenges he faced while building his portfolio of 176 units. In this episode, we explore Wyatt's unique approach to real estate, including his transition from single-family homes to multifamily properties, his hands-on experience in property management, and how he developed his own direct to seller system.

Key Takeaways:

  • Starting Small and Scaling Up: Wyatt’s real estate journey began with a modest duplex, progressing to single-family homes, and eventually to large multifamily properties. He shares his methodical approach to scaling and some of the challenges he encountered in his early days of self-management.
  • The Importance of Effective Property Management: Wyatt shares his transition from using third-party management to setting up his own management company, highlighting the challenges and learning curves involved in self-managing a large portfolio.
  • Leveraging Direct Seller Systems for Better Deals: By setting up direct to seller systems and partnering with a business associate skilled in systems management, Wyatt was able to acquire more properties efficiently. This strategy highlights the importance of finding off-market deals and creating a reliable deal flow in the competitive real estate market.

Wyatt Simon | Real Estate Background

  • Best Ever Book: 7 Habits of Highly Effective People by Stephen Covey
  • Greatest Lesson: Buying a single family home without inspections and being unaware that I needed permits to do the remodeling. 

 

Sponsors

BAM Capital

Direct download: JF_3418_Wyatt_Simon_bam.mp3
Category:general -- posted at: 3:00am EDT

Multifamily Fundamentals is a 10-part series hosted by multifamily investor and syndicator Matt Faircloth of the DeRosa Group. In each episode, Matt and his guests dive deep into the fundamentals of not just investing in multifamily, but in building a real estate business. They dissect everything from choosing the right market, to underwriting and financing multifamily properties, to mastering investor relations — all the way to building out your multifamily dream team.

In the second episode of Multifamily Fundamentals, host Matt Faircloth, alongside real estate expert Justin Fraser, dives deeper into the essentials of multifamily investing. This episode is a treasure trove of knowledge for anyone from beginners to seasoned syndicators in multifamily real estate investment. The focus shifts to the nitty-gritty of structuring deals, investor relations, and making sound decisions in the multifamily arena.

Key Takeaways:

  1. Structuring Deals and Understanding Splits: There's no hard and fast rule for structuring deals with investors. While industry standards exist, everything in a deal is negotiable. The episode emphasizes the importance of finding a balance in profit distribution among general partners (GPs) and investors, ensuring a win-win scenario. They debunk myths around fixed profit splits and advocate for flexibility to adapt to different market conditions and deal specifics.

  2. Investor Relations and Trust: Building trust with investors is paramount. The episode delves into the philosophy of treating investors' money with utmost respect and prioritizing their interests. Faircloth and Fraser stress the importance of being custodians of investors’ funds, focusing on risk mitigation, and delivering desirable returns.

  3. Decision-Making and Asset Management: The discussion highlights the thousands of decisions made in asset management, from minor fixes to significant renovations, and how each of these should be guided by what’s best for the investors. This includes prioritizing steady, trustworthy progress over high-risk, high-reward strategies.

  4. Negotiation and Communication: A significant portion of the episode is dedicated to the art of negotiation and transparent communication with investors. Understanding investors' expectations and crafting deals that meet these expectations is crucial for long-term success.

 

Sponsors

BAM Capital

Direct download: JF_3415_Matt_Faircloth_2.mp3
Category:general -- posted at: 3:00am 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.

In this episode, Travis explores the key factors that should go into your decision to quit your W-2 job. He also shares that this path is not for everyone and truly depends on your investment and retirement goals.

 

Sponsors

BAM Capital

Direct download: JF_3416_Passive_Investor_Tips_77.mp3
Category:general -- posted at: 3:39am EDT

Ash Patel interviews Adam Carswell from RaisingCapital.com. Adam shares his journey from semi-pro basketball to capital raising. He discusses the importance of due diligence, integrity, and legal aspects in capital raising, and highlights the value of networking and mentorship in real estate investing.

Adam Carswell | Real Estate Background

  • Director of Connections at RaisingCapital.com
  • Based in: Tampa, FL
  • Say hi to him at: 
  • Best Ever Book: The Way of the Superior Man
  • Greatest Lesson: Service above self.

 

Sponsors

BAM Capital

Direct download: adam.mp3
Category:general -- posted at: 5:35am EDT