Best Real Estate Investing Advice Ever With Joe Fairless

Josh Green focuses on build-to-rent townhome developments in Salt Lake City, highlighting their demand post-COVID and benefits like tax advantages and lower costs. He emphasizes flexible investment timelines and the importance of a skilled team for successful projects. Josh Green | Real Estate Background Alchemy Design + Development Traverse Capital Based in: Salt Lake City, UT Say hi to him at:  www.linkedin.com/in/joshgreen/ www.alchemydev.com www.thetraverseway.com www.youtube.com/@AlchemyDesignDev Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Hait Patel from the DeRosa Group discusses his experience in hotel and multifamily property acquisitions. He covers the challenges and trends in the hospitality industry, the impact of Airbnb, and the shift towards boutique hotels. Patel also explains the advantages of multifamily investing, noting its lower risk and broader market appeal, and emphasizes the importance of long-term investment strategies and portfolio diversification. Hait Patel | Real Estate Background DeRosa Group Based in: Minneapolis, MN Say hi to him at:  LinkedIn Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Joshua Condado and Colin Davis, full-time nurses who also invest in mobile home parks, join host Joe Cornwell on the Best Ever Show. In this episode, Joshua and Colin discuss starting in single-family residential real estate before leveling up into medium-sized mobile home parks. They share their strategies for building relationships to secure off-market deals, how creative financing allows them to cash flow from day one, and how they invest in real estate while maintaining their careers as nurses, at least for now. Joshua Condado and Colin Davis | Real Estate Background All Day Investments LLC Based in:  Green Bay WI Say hi to him at:  https://www.alldayinvestments.co/ https://www.instagram.com/investingrnpod/ https://www.investingrn.co/ www.youtube.com/@investingRN Best Ever Book: The One Thing by Gary W. Keller Sponsors: Viking Capital Baselane InvestHER   Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Sean Thompson, director of property management operations at Property Management Stewards, joins Slocomb to discuss how to properly conduct a multifamily lease audit. Sean Thompson | Real Estate Background Director of Property Management Operations-Property Management Stewards Based in:  Henderson, Nevada and NYC Say hi to him at:  https://www.linkedin.com/in/seanthompson1022 Best Ever Book: Management: A Biblical Approach by Myron Rush, and The Bible Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Calvin Chin, founder of Zen Coast Capital, joins host Ash Patel on the Best Ever Show. In this episode, Calvin discusses the pain points of outsourcing property management, acquiring a $21 million 150-unit multifamily property, and capitalizing on distressed deals in 2024. He also discusses branching out beyond multifamily, testing the waters of triple-net leases, and more.   Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Larsen, founder of Next Level Income, joins host Slocomb Reed on the Best Ever Show. In this episode, Chris discusses affordable housing, opportunistic investing, and the demographic tailwinds that drive mobile home parks. He also explains why, when he used to underwrite 100 deals to find a great deal, he’s now underwriting 400 before he finds one. Chris Larsen | Real Estate Background Founder, Next Level Income Based in:  Asheville, NC Say hi to him at:  https://www.linkedin.com/in/nextlevelincome/ https://www.instagram.com/thenextlevelincomeshow/ https://nextlevelincome.com/podcast/ https://nextlevelincome.com/ Best Ever Book: The Secret Life of Real Estate and Banking by Phillip J. Anderson Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Kyle McKinney, CRE investor and founder/coach at Pentagon Property Academy, joins host Slocomb Reed on the Best Ever Show. In this episode, Kyle discusses the nuances of asset management, including the division of labor between property managers and asset managers and why asset managers are the experts most responsible for executing a value-add business plan.   Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Liz Faircloth, co-founder of InvestHER, joins host Slocomb Reed on the Best Ever Show. In this episode, Liz discusses her background in personality assessments, including the importance of identifying personality drivers, visionaries vs. integrators, and why you should seek opposite personalities when targeting partners, employees, brokers, and more. Previous Episode: JF2780: How Empowering Women in Real Estate Benefits Everyone Liz Faircloth | Real Estate Background Co-founder of The Real Estate InvestHER Based in:  Philadelphia, PA Say hi to her at:  https://investhercon.therealestateinvesther.com/ IG: @therealestateinvesther Best Ever Book: Awaken the Giant within by Anthony Robbins Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Jacob Vanderslice, principal of VanWest Partners, joins host Ash Patel on the Best Ever Show. In this episode, Jacob provides a comprehensive look at the state of self-storage. He breaks down the impact floating-rate debt has had on the sector, how securing financing has changed, and the changing face of self-storage demand. He also shares how he navigates the tricky world of rate increases with his tenants. Previous Episode: JF2537: Why NOT to Invest in Self-Storage Jacob Vanderslice | Real Estate Background Principal, Investor Relations VanWest Partners Portfolio: 3.4 MM total square feet of self storage space, including just under 40 properties and about 20K units Based in:  Denver, CO Say hi to him at:  https://www.vanwestpartners.com/ LinkedIn Best Ever Book: Into the Silence by Wade Davis Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Best Ever Show, hosts Ash Patel, Slocomb Reed, and Joe Cornwell convene for another Roundtable. In this episode, the guys recap their biggest takeaways from the Best Ever Conference, including why interest rates aren’t coming down anytime soon, how the media’s clickbait culture has misled investors, and why retail vacancy is at an all-time low and non-residential real estate is on fire while the multifamily sector continues to struggle. Get your tickets to Best Ever Conference 2025 here. Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, John Wilhoit Jr., an asset manager who owns 10,000 units, joins Slocomb to discuss how to assess capital expenditure needs ahead of an acquisition, including a case study breaking down what he’d expect in an old building, the challenges that property would provide, and how to overcome them.   Previous Episode: JF140: How Much do Multifamily Asset Managers Get Paid? Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

Kiyoshi Simon and Amanda Han join host Slocomb Reed on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, they discuss tax compliance, financial health checks, and why your tax strucutres need to evolve along wiht you and your real estate business. They also share the tax mistake investors make that drive CPAs crazy, and how to avoid them. Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

John Chang, head of research at Marcus and Millichap, joins host Joe Cornwell on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, John discusses the state of commercial real estate, including why retail is so hot right now, the state of the office market, and why multifamily investors in certain markets should be wary of rent control risks. He also breaks down the housing shortage, providing historical context and the truths most overlook. Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors Liam Delumpa and Ian Cruz joined host Slocomb Reed on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, they discuss the conference experience, including networking, partner hunting, and the value of gaining knowledge from fellow investors who are on the ground every day, doing the work. They also discuss learning from master capital raisers, doing your first out-of-state multifamily deal, and not buying out of FOMO. Liam Delumpa and Ian Cruz | Real Estate Background Manager of Finance at a Venture Capital Firm Based in:  San Jose, CA Say hi to him at:   IG: @cincycashflow Best Ever Book: Atomic Habits by James Clear Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Fore, partner at Next-Level Income, joins host Joe Cornwell on the Best Ever Show. In this episode, Matt discusses finding good property managers and the keys to building a successful partnership. He also shares his strategy for getting tech professionals to invest in his deals, the benefits of diversifying into income streams, and why he’s currently bullish on mobile home parks. Matt Fore | Real Estate Background Next Level Income Based in:  Nashville, Tennessee Say hi to him at:  Icecreamwithinvestors.com Nextlevelincome.com Twitter Best Ever Book: The Last Lecture by Jeffrey Zaslow Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark Purtell and Preston Hartsell of CTC Capital Management join Slocomb Reed on the Best Ever Show. In this episode, Mark and Preston discuss bringing co-GP equity to deals, when to focus on IRR, and what kind of IRRs they’re currently targeting. Mark Purtell and Preston Hartsell | Real Estate Background Head of Real Estate Acquisitions and Development | CTC Capital Management Based in:  Chicago, IL Say hi to him at:  https://ctccapitalmanagement.com/ Best Ever Book: The Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History by William Rempel Sponsors: Viking Capital Baselane   Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael Parrott, Director of Acquisitions for Suncap Real Estate, discusses his background and entry into real estate, as well as his focus on flex industrial and grocery anchored retail assets in the Southeast. He explains the advantages of investing in flex industrial properties, such as predictable supply and affordability for tenants. Parrott also shares a case study of a successful investment in Elk Mountain Business Park. He discusses the strategy for investing in grocery anchored retail centers and the importance of underestimating insurance rates. Parrott recommends the book 'Faith Driven Investing' and highlights the Fellowship of Christian Athletes as an organization he supports. Takeaways: Flex industrial properties offer predictable supply and affordability for tenants. Investing in grocery anchored retail centers can provide higher yields and lower risk. Underestimating insurance rates can lead to unexpected expenses in real estate deals. The book 'Faith Driven Investing' explores the inter

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Jonathan Bombaci, founder of Candor Realty, joins Slocomb to discuss his due diligence process, specifically how to discover creative value-add opportunities. Jonathan Bombaci | Real Estate Background Real Estate / Business Owner Based in:  Lowell MA Say hi to him at:  https://www.facebook.com/simplifiedREImeetup/ https://www.candorealty.com/ Best Ever Book: The 4-Hour Workweek by Timothy Ferriss Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

Jon Siegel, co-founder and chief investment officer at RailField Partners, joins Slocomb Reed on the Best Ever Show. In this episode, Jon discusses the fundamentals of acquisitions, including how to find deals in 2024, the importance of building relationships with brokers, and how to get your offers accepted in a competitive environment. He also shares his strategies for getting from an accepted LOI to the closing table. Jon Siegel | Real Estate Background Partner & Chief Investment Officer | Railfield Based in: Bethesda, MD Say hi to him at:  https://www.railfieldrealty.com/ Linkedin Best Ever Book: Confederacy of Dunces by John Kennedy Toole   Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

Jacob Wilson, managing partner of Crux Commercial Partners, joins Slocomb Reed on the Best Ever Show. In this episode, Jacob discusses what he’s seeing in the lending marketplace, including what lenders are really looking for in buyers, how to position yourself as an attractive buyer to lenders, the importance of liquidity, and more. Jacob Wilson | Real Estate Background Managing Partner | Crux Commercial Partners Based in:  Tacoma, WA Phoenix, AZ Say hi to him at:  LinkedIn Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices