Best Real Estate Investing Advice Ever With Joe Fairless

In today's Syndication School episode, Theo Hicks shares some information on putting together an investment summary and presenting it to passive investors. The three risk points of the deal are the market, the team, and the business plan. In this series, Theo will be talking about the red flags that can show that the deal might not be the best, and how to approach them when writing a deal summary.  Click here for more info on groundbreaker.co  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.  Learn more about your ad choices. Visit megaphone.fm/adchoices

John has a rich history as an entrepreneur and has owned many companies in various industries. John has transacted hundreds of deals in real estate in different sectors such as apartments, office buildings, retail, single-family homes, and condominiums all within his personal portfolio. John Dessauer Real Estate Background: Full-time entrepreneur  Has over 22 years of real estate investing experience  Portfolio consists of over 2 million sq ft. rentals/retail  Based in Chicago, IL Say hi to him at: www.johndessauer.com  Best Ever Book: Spin selling   Click here for more info on groundbreaker.co  Best Ever Tweet: “The best benefit for having multiple companies is having multiple sources of income for when unfortunate events happen” - John Dessauer Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris has been investing in real estate for 7 years and runs a property management business that controls his own rentals. He is also the minority partner in a Point of Sale software company (High Trek POS). Chris has a proven track record of building successful businesses and each of his rental and or flips have realized returns well above the market average. He has renovated, flipped, built, or held 12 single-family residences and raw land with funds from private individuals and or with his own personal capital. Chris is a General Partner or investor in over 752 units across the country.    Chris Roberts  Real Estate Background: Full time entrepreneur and investor since 2007 Has been investing in real estate for 7 years and now owns a property management business  He is also a GP or investor in over 2000 units across the country Based in Washington Say hi to him at: www.sterlingrhinocapital.com  Best Ever Book: TEDTalks       Click here for more info on groundbreaker.co  Best Ever Tweet:

Jorge is a returned guest who was previously on episode JF1342. Jorge owned about 4000 apartments across the country and a natural disaster happened and caused him to lose everything he had and put him millions of dollars in debt. Then in 2008 when he saw that many Americans were losing their homes he decided to create a company that could help them by buying mortgages from banks in pools. Today he will share what a PreREO is and why he focuses on this. Jorge Newbery Real Estate Background: CEO of preREO LLC, AHP servicing LLC, and a partner in Activist Legal LLP 30 years of real estate experience A previous guest on episode JF1342 Portfolio consist of 10,000 purchased defaulted mortgages, owned 4,000+ multifamily units, and brokered thousands of properties Based in Chicago, IL Say hi to him at: www.preREO.com      Click here for more info on groundbreaker.co  Best Ever Tweet: “Local investors have advantages because they can see the work that is needed and typically have a local team they

Stefan has been a financial engineer for 10 years. Now he uses financial engineering knowledge in the real estate market. His data analytics company, Envvy, helps real estate investors find market inefficiencies and high margin opportunities. Many investors focus on demographics, taking into account population growth and job growth, yet many seem to overlook the local real estate market’s historical pricing. If the market is overvalued the way many were in 2007, the investments can be susceptible to a dramatic price drop. Stefan Tsvetkov  Real Estate Background:  Financial Engineer for 10 years  3 years of multifamily investing experience The portfolio consists of a 3-unit & 4-unit property in NJ and a duplex in NY Based in New Jersey Say hi to him at: https://www.linkedin.com/in/stefantsvetkov/  Click here for more info on groundbreaker.co  Best Ever Tweet: “Markets that are undervalued could perform really well afterward” - Stefan Tsvetkov. Learn more about your ad choices. Visit megaphon

Dwan started as a broke, single mom who had been fired from Denny’s. She now heads up “investors Edge University” -  A company that specializes in training new and seasoned investors in a wide range of real estate investing techniques through live workshops, weekly webinars, a member site, coaching, and seminars. Dwan Bent-Twyford  Real Estate Background: Full-time real estate investor who started out as a broke, single mom who had been fired from Denny’s Manages “Investors Edge University” Portfolio consists of over 2,000 flips Based in Denver, CO Say hi to her at: www.dwanderful.com  Best Ever Book: Real estate podcasts       Click here for more info on groundbreaker.co  Best Ever Tweet: “Stop over-preparing, and just go for it” - Dwan Bent Twyford Learn more about your ad choices. Visit megaphone.fm/adchoices

Today Theo and Travis will be answering a common question about vetting the real estate market before entering a deal. Since this knowledge is shared from a limited partner perspective, the goal is to find a way to keep the market information up to date while spending less time researching it. This episode is part 2 of the series “How a Passive Investor Vets an Apartment Deal”, focusing on the most commonly asked questions about real estate deals. The other parts will focus on vetting the team and the deal itself. We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening, and I will talk to you tomorrow.  Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's Syndication School episode, Theo Hicks shares 5 ways of winning the bidding wars. When it comes to securing your bid, simply offering the most money doesn’t always work. Besides, sometimes you are competing against other investors who have way more experience and capital. In this episode, Theo talks about 5 ways to get more apartment deals by making your bid stand out and tell the seller that you are serious and capable of seeing the deal through.   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.  Click here for more info on groundbreaker.co  Learn more about your ad choices. Visit megaphone.fm/adchoices

Alexander aka “Xander” is a full-time real estate investor with 7 years of experience. He is also the director of CR of Maryland where they have 350 single-family properties in Baltimore owned and under management and will currently rehab and sell 140+ turnkeys in 2020.  Alexander Cruz Real Estate Background: Full-time real estate investor for 7 years Partner of CR of Maryland a real estate company CR of Maryland Portfolio consist of 350 single-family owned and under management, sell 140+ turnkeys in 2020,  completed 400+ flips, and 400+ wholesales Based in Baltimore, MD Say hi to him at: https://crofmaryland.com/  Best Ever Book: Relentless   Click here for more info on groundbreaker.co  Best Ever Tweet: “Focus and stick to one area” - Alexander Cruz Learn more about your ad choices. Visit megaphone.fm/adchoices

Tyler is the Founding Principal and President of The Cauble Group, an East Nashville-based commercial real estate brokerage serving the Greater Nashville Area. He’s a native Nashvillian that has not only been a witness to the city’s tremendous growth but is also involved in it through his developments, renovation projects, and volunteer work Tyler Cauble Real Estate Background: Full-time commercial broker 3 years of investing in commercial real estate Portfolio consisting of 4 office buildings totaling 50,000 sq ft and in 2017-2018 he developed 42 for-sale townhomes Based in Nashville, TN Say hi to him at: https://www.tylercauble.com/  Best Ever Book: Walkable City       Click here for more info on groundbreaker.co  Best Ever Tweet: “Just get out there and do it” - Tyler Cauble Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris has been a real estate investor for more than 20 years, investing in single-family, multifamily, commercial properties, and income-producing agriculture. He's the CEO of Harvest Returns, a platform for passive investments in agriculture. Chris Rawley Real Estate Background:  Full-time real estate investor and CEO of Harvest Returns, a platform for passive investments in agriculture Has been an investor for over 20 years A previous guest on JF1665 Portfolio consists of single-family, multi-family, commercial properties, and income-producing agriculture Based in DFW, TX Say hi to him at: https://www.harvestreturns.com/        Click here for more info on groundbreaker.co  Best Ever Tweet: “If your putting together a syndication before you go and pay an attorney a lot of money, just look into crowdfunding platforms” - Chris Rawley Learn more about your ad choices. Visit megaphone.fm/adchoices

Nigel started investing in 2008 when he bird dogged a mobile home park for a family friend and from that original deal, he was able to cut a nice profit that he then turned into a handful of foreclosed condos. Fast forward, today, Nigel has 160+ units in three states. His main goal is now to buy businesses that have real estate to help him compound his buying power. Nigel Guisinger Real Estate Background: Full-time investor, and likes to focus on buying businesses that also have the real estate to compound his buying power. He started investing in Real Estate in 2008 Portfolio consists of 160+units in 3 states, office condo, 9,000 sq ft of commercial space, 4.2 ac of development land, two appliance stores, laundromat, home building company, and a single-family house Based in Springfield, Missouri Say hi to him on Instagram @nigelguisinger Best Ever Book: Relentless by TIm Glover   Click here for more info on groundbreaker.co  Best Ever Tweet: “Real estate does not appreciate in value” - Nige

Jimmy has been investing for 5 years and currently owns and operates a marine infrastructure company. He is also working full-time with a commercial general contractor and developer with the purpose of continued growth.    Jimmy Johner Real Estate Background:   Owner and Operator of a marine infrastructure company, and also full-time with a commercial general contractor and developer Has 5 years of real estate investing experience Portfolio consist of 66 units, and a 9 unit salon suites development Based in Beaufort, NC Say hi to him at: https://www.linkedin.com/in/jimmy-johner-203246155/ Best Ever Book: 7 habits of highly effective people       Click here for more info on groundbreaker.co  Best Ever Tweet: “Networking is the most important thing you can focus on to help grow your business” - Jimmy Johner Learn more about your ad choices. Visit megaphone.fm/adchoices

Today Theo and Travis will be sharing their knowledge on how to vet the team before entering a real estate deal with them. They discuss this matter from a limited partner (LP) position. Since your real estate investment is illiquid, you need to consider the long-term implications of this business relationship. You’ll be communicating with your partners over the next 3-5-10 years, so you’re much better off finding out about who they are, what they do, and how they do it early on. This episode is part 1 of the series “How a Passive Investor Vets an Apartment Deal”, focusing on the most commonly asked questions about real estate deals. The other parts will focus on vetting the market and the deal itself. We also have a Syndication School series about the “How To’s” of apartment syndications, and be sure to download your FREE document by visiting SyndicationSchool.com. Thank you for listening, and I will talk to you tomorrow.  Click here for more info on groundbreaker.co  Learn more about your ad choices. Vi

In this Syndication School episode, Theo Hicks explains how to compare the different loan options and factor in different variables that are at play. Loan terms will determine what kind of ROI your multifamily unit will generate for the investors. Factors such as interest rate, debt service, loan term, and the amount of capital you put down will affect the cash flow and the future earnings. It’s also important to remember that some of these factors can benefit you short-term, and some will give you long-term advantages (i.e. having adjustable vs fixed interest rate). 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.  Click here for more info on groundbreaker.co    Learn more about your ad choices. Visit megaphone.fm/adchoices

Lincoln is the owner of Equity Boost Real Estate, a real estate investment group based in Austin, TX. He’s successfully completed multiple flips and started a popular Youtube Channel called Austin Flipsters with his friend, Lauren, where they show how they flip houses for a profit: The before, after, and all the drama in between.  Lincoln Edwards  Real Estate Background: Owner of Equity Boost Real Estate and founder of a popular youtube channel Austin Flipsters Bought his first investment in 2007 His company flips 12-20 luxury properties per year and wholesales another 50  Based in Austin, TX Say hi to him at: www.austinflipsters.com  Best Ever Book: How to Win Friends and Influence People        Click here for more info on groundbreaker.co  Best Ever Tweet: “Creating our Youtube channel has helped us in many ways to meet investors, create new deals, and grow our marketing” - Lincoln Edwards   Learn more about your ad choices. Visit megaphone.fm/adchoices

Jon is a real estate investor out of Charleston, WV. Over the past 4 years, he has flipped over 150 houses with his partners and he has an additional 100 in his holding company. He owns, operates, and partners in 8 different businesses. His passion is teaching others how they can reach financial freedom while doing what they love.  Jon Schoeller Real Estate Background: Full-time real estate investor, co-owner of multiple business, and financial coach Has been in real estate for 3.5 years and 13 years in business, coaching for 6 years Portfolio consist of 115 flips and over 100 rent-to-own  Based in Charleston, WV Say hi to him on Youtube at Jon Schoeller Best Ever Book: The subtle art of not giving a F   Click here for more info on groundbreaker.co  Best Ever Tweet: “Networking, don’t just shake hands, get around successful people and stay around them” - Jon Schoeller Learn more about your ad choices. Visit megaphone.fm/adchoices

Hunter was fortunate to start his career in the wake of the Great Recession. At that time, he surrounded himself with great partners and educators. As a result, Hunter built his first company around his personal investment strategy. He was a sole investor at first; now he has hundreds of investors. Hunter shares his experience in raising capital quickly and efficiently. Time is often the most important determining factor to close the deal. Listen to this podcast episode to learn how he closes deals within 30 days, having a line of prospective investors ready to wire the money in. Hunter Thompson  Real Estate Background: Founder of Asym (A-Sim) Capital, a private equity firm He has raised more than $30 million in private capital 10 years of real estate experience Current assets under management of $100MM CRE Previous guest on episode JF2028 Based in Los Angeles, CA Say hi to him at: www.5millionin30days.com      Click here for more info on groundbreaker.co  Best Ever Tweet: “Attract, educa

Evie Brooks (Atlanta, GA, and Veracruz, Panama) is an elite Real Estate Investment Educator, Keynote Speaker, Investor, Coach, Mentor, Entrepreneur, and former Advanced Trainer for “Rich Dad Poor Dad”, who now specializes in “All Things Panama”, including real estate and organic, sustainable agriculture investments.  Evie Brooks Real Estate Background: Full time investor and former advanced trainer for  “Rich Dad Poor Dad”  24 years of experience in domestic and global real estate Currently investing in 13+ countries and 30 U.S. states Based in Atlanta, GA Say hi to her at: www.eviebrookspanama.com   Best Ever Book: Who Stole My Pension  Click here for more info on groundbreaker.co  Best Ever Tweet: “Utilize the funds that you have in pension plans, IRA’s, & 401ks, in real estate” - Evie Brooks Learn more about your ad choices. Visit megaphone.fm/adchoices

Jamie is the CEO of ServusConnect, ServusConnect is an exciting, new technology for the multifamily industry that delivers innovation and mobility to medium & large-scale apartment maintenance operations to optimize multifamily NOI. Jamie Wohlschlegel Real Estate Background:  CEO of ServusConnect, a multifamily property-tech startup 6 years of helping multi families optimize their maintenance operations Launched ServusConnect at age 40 as a first time entrepreneur Based in Raleigh, NC Say hi to him at: www.servusconnect.com  Best Ever Book: Drudge Report       Click here for more info on groundbreaker.co  Best Ever Tweet: “Work on getting optimized with your digital approach, digital documentation is a big deal these days ” - Jamie Wohlschlegel Learn more about your ad choices. Visit megaphone.fm/adchoices