Best Real Estate Investing Advice Ever With Joe Fairless

JF306: The THREE Hidden Closing Costs YOU Need to Know About #skillset Sunday   Ever think you’ve found an incredible deal only to inundated with closing costs? Well, today we discuss the THREE main closing costs you need to begin looking at.   Best Ever Tweet:   If you have a multi-family property, you need to look at all the deposits you have on file.   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:     Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, we have an incredible conversation about acquiring and underwriting deals. Our Best Ever guest today, shares with is TONS of value regarding how to determine a viable market, how you actually need to use a cap rate and why you should look at the numbers LAST when evaluating a deal     Today, we have an incredible conversation   Best Ever Tweet:   Aligning myself with the right people can grow my business larger than I could have ever imagined.   Brian Burke’s real estate background: -          Based in Santa Rosa, California -          Co-Founder and Managing Director of Praxis Residential -          Flips 25 to 30 houses a year and is buying a 276 unit property -          Say hi to him at http://www.praxcap.com/ -          Focuses on single family and multifamily acquisitions -          Purchased nearly 700 properties with combined value in excess of $200 million -          An avid aviator who loves flying airplanes, helicopters, and stunt planes   Subscribe in iTunes  and  Stitcher 

It was today’s Best Ever guest, with a 15 year loan, at the bank! Sound like a game of Clue to you? Well, it’s no mystery why today’s Best Ever guest has made a career out of real estate investing! Today, we discuss the different real estate cycles she has seen in real estate,     Best Ever Tweet:   You’re either living for now or living for the future.   Sandra Musslewhite’s real estate background: -          45 years as an investor primarily in income-producing residential property -          Strong advocate of 15 year loans vs. 30 years -          Based in Virginia Beach, Virginia -          Avid reader of murder mysteries   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:     Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww

Today, we have an incredible conversation about lease-options and ALL you need to know about them. Our Best Ever guest shares with us his motivation for going into lease-options, why they are beneficial and what he does to be a master of marketing.      Best Ever Tweet:   He who asks the most questions, always wins.   Joe Bodek’s real estate background: -          Third generation real estate entrepreneur who is born and raised in Philadelphia, PA -          Has run 7 apartment communities (3,000) units, developed land and built single family houses -          Guitar player and played with local groups -          Lease options is what he specializes in now -          Say hi to him at www.realestatementoringusa.com   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:     Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get

Today’s Best Ever guest shares with us everything you need to know about an FHA loan, and just exactly what ‘wholetailing’ is, because it may be your new niche. Que Bueno!     Best Ever Tweet:   Your money can buy you equity instead of just throwing it away at rent.   Andrew LeBaron’s real estate background: -          Real estate investor for a year and a half years based in Phoenix, Arizona -          Focuses on wholesaling and “wholetailing” -          Say hi to him at www.helpfulproperties.com   -          Full time job mortgage banking mgmt. at a large bank and has traveled to Chile as a missionary for his church -          He is fluent in Spanish   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:     Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten

Ever feel a gut feeling that you should or shouldn’t make an investment? Well, HERE are the questions you need to ask yourself about your potential investment. We discuss how to stay focused on what you’re trying to achieve and everything you need to know about buying single-family homes.     Best Ever Tweet:   If you’re looking to get into the industry, partner with someone who’s experienced.   John Gutman’s real estate background: -          VP of Sales and Acquisitions for MACK Companies  -          Responsible for the strategic purchase of all residential properties as well as mgmt. of the sales and acquisition staff -          Headquartered about 20 minutes from downtown Chicago -          Sold over $315M worth of real estate -          Say hi to him at johng@ibuymack.com -          Went to boarding school in Connecticut and went to University of Oregon for college     Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:  

Today’s Best Ever Yankee/Southerner may not be able to decide what state he wants to be in, but he sure as heck knows a little something about real estate! Start paying attention, because we discuss the new tool you need to begin using to analyze deals, and why the market you invest in just doesn’t matter if you can find a good deal.       Best Ever Tweet:   Pick markets like you’re picking winners.   Gregory Rand’s real estate background: -          CEO of Own America and incoming president of Investability.com, the world’s first national investment search portal  and is based in Charlotte, North Carolina -          Been advising investors for 30 years from institutional investment funds to individual investors -          Real estate contributor on FOX Business Network and author of the best-selling book Crash Boom: Make a Fortune in Today's Volatile Real Estate Market -          Moved from NY because he realized he was a southerner  -          Here is the document we discussed on the show:

You gotta give to receive. Today we discuss the different benefits you can receive from giving back and just how beneficial giving to charity can be for your entrepreneurial career. Plug in your earphones and learn the   Best Ever Tweet:     It’s all a win-win situation when you partner with a charity.   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever     Local Lead Generator - Need more leads? Read the “Small Business Owners Guide to Local Lead Generation” in order to generate more leads. Visit localleadgenbook.com for more info.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s Best Ever guest shares with us how he gains clients from social media and his blog and how to determine what is REAL and what is speculation. We also discuss all you need to know about real estate investing in Miami, and why it may be the market you are forgetting about.     Best Ever Tweet:   In real estate, consistency is the best tool you have.   Adrian Foley’s real estate background: -          Attended law school and keeps his law license active but focuses the bulk of his time to real estate -          Real estate agent at GSL Properties based in Miami, Florida who works with buyers and sellers in Miami’s top luxury submarkets -          Fluent in both English and Spanish     Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy

KISS: Keep It Simple, Stupid! Today’s Best Ever guest shares with us how to keep the investing game simple. We also discuss how he analyzes markets, nationally and internationally, to determine how he should hold his money and how to creatively invest in real estate. Listen up, because he shares with us some incredibly creative advice!     Best Ever Tweet:   The money is in the deals, and you need to start looking for the deals.   Matthew Elmer’s real estate background: -          Based in Dallas, Texas -          Been an active investor for 7 years -          CEO of The Real Alliance and has helped students do 200 transactions in the last 12 months -          Owner of Skyward Properties, a property flipping business -          CEO of Simplified Realty to simplify the real estate process -          Author of “Against the Grain”   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more abo

Today’s Best Ever guest shares with us everything you need to know about property management. Whether a property manager or not, here are the things YOU need to know about it and what you need to look for in a potential property manager.     Best Ever Tweet:   Manage one door like you manage one hundred.   Clint Collins’ real estate background: -          Began managing apartments while in grad school for free rent 10 years ago -          Been investing and managing properties ever since -          His team now runs over 1,800 units and Clint directs an accredited property management training program for www.RentLikeAPro.com and HUDU University -          He is currently consulting for a multifamily project in Micronesia -          Based in Guam and Idaho and Utah -          Here is the sample doc we discussed SAMPLEApplicationScoring.pdf     Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to

Ever want to start your own investment company, but don’t know where to start? Well, today’s Best Ever guest shares with us just how to start one, and the Best Ever way to protect your assets. We discuss the pros and cons of each, so listen up because the future of you may be able to determine where to take your young company after today’s episode.     Best Ever Tweet:   The minute you walk on to that property, you should know that you are making money on it.   Nellie Akalp’s real estate background: -          Based in Westlake Village, California -          Founder and CEO of www.corpnet.com -          Started being an entrepreneur in 1997 when she started her first company   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten An

Now, I know if you’re a Best Ever listener you’re certainly not lazy, but today’s Best Ever guest was and now look at him. He shares with us how to quickly estimate the cost for a flip, what YOU need to do to ensure sellers that you are a credible buyer. He is a world class flipper, so listen up because your path to financial freedom is here!     Best Ever Tweet:   Whenever you have a call for a property, you need to be prepared to be able to make an offer on the spot.   Danny Johnson’s real estate background: -          Professional house flipper, and has flipped hundreds of houses over the past 11 years -          Based in San Antonio, TX -          Author of “Flipping Houses Exposed: 34 weeks in the life of a successful house flipper” -          Say hi to him at www.flippingjunkie.com -          Danny Johnson's Scope of Work Document   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn m

Today’s Best Ever guest is probably going to run a marathon after today’s conversation, but listen up while we have him because we discuss some fascinating loans that he has used to buy properties, and how to use equity to make sure you have NO liability. We also discuss how important your ROT (return on time) truly is.     Best Ever Tweet:   Once a real estate investor understands leverage, it can change their life.   Keith Weinhold’s real estate background: -          Founder of Get Rich Education focused on passive real estate investing -          Passive real estate investor -          Based out of Anchorage, Alaska -          Bought a four-plex and lived in one unit rented out the others -          Listen to his podcast at Get Rich Education -          Regularly does running and cross country skiing marathons   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!     Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfun

Today, we have a conversation about the mechanics of optimizing your cash flow with multi-family properties. I’ve learned a lot recently with my multi-family investing, and I’d be a fool not to share my Best Ever advice with my Best Ever listeners!     Best Ever Tweet:   Make sure you’re keeping track of where money is going and who it’s going to.   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions atwww.PatchOfLand.com/bestever     Cozy - Are you still chasing down rent checks down?? Cozy, automates the whole process for you so you can avoid all of the hassles that come with being a landlord. Say hi to them at cozy.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

Today’s Best Ever guest has SO many stories to share, and they include having his credit stolen, and buying stolen properties! Phew, I’m anxious after conducting this interview I can’t even imagine going through it! Listen up, because he shares with us all about hard money lending, and why he will absolutely lend to first time investors.                       Best Ever Tweet:   Before you’re doing any deal, make sure your numbers make sense.   Rod Stanback’s real estate background: -          Owner of Flip Funding LLC which is a hard money lender which does over $20M of funding annually -          Owner of over $1M in real estate holdings and acquires 4 buy and holds annually -          Don’t get in a fight with him either! His favorite hobby is boxing. -          Based in Philadelphia, Pennsylvania -          www.Flipfunding.com    Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more ab

Today’s Best Ever actor turned real estate investor has used his experiences in life to have tremendous real estate success. Having bought thousands of multi-family units, he shares with us how to determine if a property is worth an investment in 5 minutes, and most importantly about his acting career!     Best Ever Tweet:   Be easy to do business with, and make your brokers look good.   Sean Sweeney’s real estate background: -          Real estate professional with over 11 years of experience in multifamily industry -          Currently at Timberland Partners, where his two person acquisition team has successfully acquired over 4,000 multifamily units with a combined value over $250,000,000 -          Based in Minneapolis, Minnesota -          Was in the movie ”What Women Want” with Mel Gibson and has had dinner with him -          Here is the spreadsheet we discussed during the show: https://goo.gl/cWpZCy   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possibl

Bienvenidos, Best Ever listeners! Today, we discuss why buying in numbers may just lead to cheaper deals, which markets YOU should be investing in now, and what to look for in a market. If you apply these simple tips today, YOU will be making all the moola!     Best Ever Tweet:   View real estate as a vehicle. Real estate is not the end game, real estate is a vehicle to achieve other things.   Matt Bowles’s real estate background: -          Partner at Maverick Investor Group where he and his partners have helped real estate investors buy over $100 million in turnkey rental property  -          Joining us  from Spain -          Personally has bought and sold over $4 million in real estate -          Lived in 14 countries since 2013 -          Say hi to him at www.Maverickinvestorgroup.com    Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfunding? Let the leading expert i

 Today’s Best Ever guest shares with us the behind the scenes aspect of the real estate statistics that you base your deals off of. He studies real estate and consults would be investors as to their best ever options for an investment. Listen up, because he teaches us how to shoot under par in real estate investing.     Best Ever Tweet:   You reall need to keep an eye on your properties, especially if you're a direct owner.   Jack McCabe’s real estate background: -          Based in Deerfield Beach, FL and has been in real estate for 33 years -          CEO of McCabe Research and Consulting -          Last two rounds of golf he played he has shot a 78     Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten

Today’s Best Ever guest is a business coach who has worked with some incredibly high profile business people including Steve Jobs. He shares with us how to elevate our personal brand online, how to stand out in business, and just how you need to face and act on your business related fears. Listen up, because your business just may be the Apple of the real estate industry!     Best Ever Tweet:   One of the easiest ways to stand out is to be authentic, vulnerable and to speak your truth.   Jason Treu’s real estate background: -          Business coach based in Dallas, Texas -          Author of Social Wealth, a guide to creating extraordinary relationships -          Say hi to him at http://beextraordinary.tv/ -          Host of the BeExtraordinary Podcast Show   Subscribe in iTunes  and  Stitcher  so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsor:   Patch of Land - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch o