Best Real Estate Investing Advice Ever With Joe Fairless

Even if you currently have more leads than you can handle, at some point they may slow down, or you continue to scale and need more and more leads. Either way, having more ways to bring in leads can only benefit your business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It can take 6 months to a year to turn those leads into money” - Tommy Mello Thomas Mello Real Estate Background: Owner of A1 Garage Door Service - took the business from $50k in debt to over $30 million annual revenue Host of the Home Service Expert podcast Co-founder of Leadgeeks - helps investors find deals, currently providing 200-300 leads per day Listen to his previous episode: JF656: How To Pick The BEST Garage Door for Your Home and Investments #skillsetsunday Based in Phoenix, AZ Say hi to him at https://www.garagedoorarmor.com/pages/about-us or www.leadgeeks.com Get more real estate investing tips every week by subscribing for our newsletter at BestEverNe

For today’s Follow Along Friday, Joe is sharing his biggest lessons learned from doing his podcast interviews last week. From shelf corporations to learning about underground storage tanks and the problems they can cause. We’ll also receive the usual business updates that we as investors can learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Everyone has something you can teach others, it’s your responsibility to figure out what that is” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Now you’ve found some deals, time to underwrite! This is a very crucial part of the apartment syndication business, as good/bad underwriting can make or break a deal. Listen to Theo and Joe’s best underwriting tips to get you started on the crucial part of apartment syndications. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Based off of your expertise, input information on how you plan to operate the property” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

When it’s almost time to search for a deal, it’s important to have your criteria set for what kind of property you are searching for. But how exactly do you figure that out? Well tune into this episode where Theo walks us through exactly that! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’ll save yourself a ton of time by having your criteria set before you look for properties” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

With over two decades of real estate investing experience, and even more experience in construction and business building, Greg has a lot to share with us. Just the businesses he has built and/or helped other build and the knowledge he has gained from that, can be invaluable for us to soak in regardless of what level our real estate businesses are at. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Pick a niche and grow it” - Greg Dickerson Greg Dickerson Real Estate Background: Entrepreneur, real estate investor, and developer Over the past 20 years he has bought, developed and sold over $200 million in real estate Started 12 different companies from the ground up Say hi to him at https://gregdickerson.com/ Based in Charlottesville, VA Best Ever Book: Principles by Ray Dalio Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoice

Mike became an accidental landlord around the 2008 crash. He actually enjoyed the business and decided to take it up full time. Now he has multiple strategies in real estate investing, with each separate company having a different leader. Hear how he was able to scale to having multiple successful businesses after accidentally stepping into this career. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Find a core business that you love and are good at, learn and grow, and maximize that business” - Mike Jordan Michael Jordan Real Estate Background: Entrepreneur since 1999, over $100,000,000 in total business transactions Has successfully done multiple different real estate strategies including: renovations, building homes, buy and hold rentals, turkey provider, buying NPN’s, property management, wholesaling, and more Listen to his previous episode: JF1558: Championship Level Rehabs For Better Returns #SituationSaturday with Michael Jordan Based i

One way to make money in this business is by identifying an emerging market and get in early before everyone else. But how can we find those emerging markets before everyone else? Well Jerry has some ideas and tips for how anyone can do just that. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A person can find trends, but it’s easier for an AI to do it” - Jerry chu Jerry Chu Real Estate Background: Developed multiple trading platforms Founder and creator of Lofty, which uses artificial intelligence to identify neighborhood growth Based in LA, CA Say hi to him at https://lofty.ai/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Holly and Joe are long time friends, going back to Joe’s advertising days when they were co-workers. She invested in one of his first deals and never looked back. She discovered a tremendous way to invest her money and not only keep more of it, but also create more of it for herself. Today she’s a full time investor and entrepreneur focused on helping others find these opportunities to keep and create more money. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I made a $65k gain with my mutual funds, and owed $30k in taxes” - Holly Williams Holly Williams Real Estate Background: Passive investor with a passion for helping others passively invest and keep more of their money Founder of MQ Ventures and partner in over $100 Million in Multifamily Apartment Communities Listen to her previous episode: JF55: Creative Alternative to Just Renting Your House Based in NYC Say hi to her at https://keepmore.com/ Best Ever Book: Never Split the Diff

We know by now how beneficial BiggerPockets can be for our real estate investing business. Theo is often a top contributor in BiggerPockets and is telling us how he does it. We’ll also touch on why it is important to hit the top contributor status. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’re essentially getting a free ad on BiggerPockets” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One slightly important part your apartment syndication career is how you will be getting paid, as well as how you will be paying your investors. Today Theo will cover how to pay the Limited Partners in your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There are going to be two types of passive investors, debt investors and equity investors” Free document for this episode: http://bit.ly/LPstructure Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One slightly important part your apartment syndication career is how you will be getting paid, as well as how you will be paying your investors. Today Theo will cover how to pay the General Partners in your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You can put some costs up yourself if you can afford it, or split it with your partner, you’ll be reimbursed later” Free document for this episode: http://bit.ly/LPstructure Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Zeona got her start with real estate investing in 2012 with one AirBnB property. She never looked back, purchased more short term rental properties, and even started a management company where she manages other investors short term rentals all around the world. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “They can be managed from anywhere and just takes a really small team” - Zeona McIntyre on Short Term Rentals Zeona McIntyre Real Estate Background: Travels the world for half of each year using and teaching a variety of tactics for others to do the same She owns six Airbnb’s and manages 15 properties and teaches others how to invest and set up automates Airbnb business’s Based in Boulder, CO Say hi to her at https://www.zeonamcintyre.com/ Best Ever Book: Never Split the Difference Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental

If you’re in the market for property, as most real estate investors are, it’s nice to know things to look for that could save you money on insurance ahead of time. This becomes more true and relevant the larger the property you’re looking at. From age and geography, to construction and wiring, we’ll be covering a bit of everything as it pertains to how insurance companies look at your properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Most carriers do not cover aluminum wiring” - Bryan Shimeall Bryan Shimeall Real Estate Background: Former real estate builder/developer 2008 & 1st child forced a career change into commercial insurance Joined MRA (Multifamily Risk Advisors) 5 years ago and they insure about 200k units across the country Based in Gainesville, FL Say hi to him at https://multifamilyra.com/ Best Ever Book: American Buffalo Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLet

Paul is back with us today to tell us about his pivot into self storage from multifamily. For anyone who wants to get into self storage but don’t have any knowledge this is a great intro to the major points on self storage vs. multifamily. If you do have some knowledge on the subject, it’s never bad to learn more! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “In places like Florida they use more storage” - Paul Moore Paul Moore Real Estate Background: 2-time finalist for Michigan Entrepreneur of the Year Founder and Managing Director at Wellings Capital, they have over $500 million in assets under management Based in Lynchburg, VA Listen to his previous episode: JF809: Creating a $10 Million Fund, Building a Hotel, and Focusing on Multifamily Say hi to him at https://www.wellingscapital.com/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to t

In this episode we briefly discuss Opportunity Zones; what they are, how you can invest and how big this one-time tax deferral program really is. Similar to a 1031 exchange but with more leniency and better tax advantages, Matt Ryan has been tracking this piece of legislation before it was written into law. Listen to how he'll take advantage of this and find out ways you can implement Opportunity Zones investments into any real estate strategy. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It’s similar to a 1031 but it’s better than a 1031 exchange” - Matthew Ryan Matthew Ryan Real Estate Background: A social entrepreneur, founder of Re-viv, which addresses the market inefficiencies in community revitalization efforts Focused on the multifamily value-add and development space in distressed areas Based in San Francisco, CA Say hi to him at https://re-viv.com/ Best Ever Book: Discipline Equals Freedom Get more real estate investing tips every

Joe and Theo are back for another episode of Follow-Along Friday to discuss a few fascinating economic metrics and what they mean for apartment investors if/when the next economic correction occurs. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We don’t want to push ourselves and do a bad deal just to do a deal” - Theo Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com 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   Learn more about your ad choices. Visit megaphone.fm/adchoices

Yesterday Theo discussed 15 of 49 common questions you’ll get from your passive investors, and how to address them. Today, Theo will go over the remaining 34 common questions that you will get from investors. All of these questions are available in the document below. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We invest in apartments because there is a decrease in homeownership, there is a decreasing apartment vacancy rate, and an overall increase in population Free documents for this episode: http://bit.ly/2VdxYmn - Money Raising Tracker http://bit.ly/commoninvestorquestions - 49 Common Questions Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com 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 Learn more about your ad choices. Vis

Now that we’re actually talking to investors, we’ll be answering a lot of questions. You’ll really want to know some common questions that come up, and how to answer them. That’s what Theo will be going over today in this episode of Syndication School. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Passive investors invest based off of who they trust" Free documents for this episode: http://bit.ly/2VdxYmn - Money Raising Tracker http://bit.ly/commoninvestorquestions - Common Questions Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Chao is with us today to talk about how investors can search properties, make offers, and purchase real estate directly on the blockchain. She created a company to help investors and agents do this after she saw the need for a product like this in the marketplace. Hear how her technology can help your investing and/or the businesses of your real estate investor clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “When people submit offers through the website they become the buyers agent so they can find more deals on the website” - Chao Cheng-Shorland Chao Cheng-Shorland Real Estate Background: Co-founder and CEO of ShelterZoom Corp They are the first real estate technology company to deliver a blockchain based real estate offer and acceptance platform to the mass market Based in NYC Say hi to her at https://www.shelterzoom.com/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Spon

JC got his start as a part time investor, working hard to get to a point of leaving his job as a mechanical engineer. Now a full time investor, JC is a value add apartment investor. He also has a passion for technology and says that has helped him grow his business. Hear how he was able to quit his job and be a full time investor, and what he’s doing now to continue the growth. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We spend a lot more money on the leasing office and community center than most people” - JC Castillo JC Castillo Real Estate Background: Founder and managing principal of the Multifamily Property Group (MPG) They have been investing in large multifamily for 12 years Based in San Jose, CA Say hi to him at https://www.multifamgroup.com/ Best Ever Book: The One Thing Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental