Best Real Estate Investing Advice Ever With Joe Fairless

Sean is the CEO of Kin, an insurance company built from scratch on modern technology. Today you will learn three factors to consider when determining the right coverage for your property; covering the property for the right amount, why it's important to get flood insurance and he shows how you can see if your insurance company is spending its revenue on claims or other expenses to make sure they take care of their customers. Sean Harper Background: Co-founder and CEO of Kin, an insurance company built from scratch on modern technology Realized the homeowners insurance industry was still being managed in a way that NO other consumer financial products are managed today Leads a team of 100+ employees to help educate and cover their clients  Based in Chicago, IL Say hi to him at https://www.kin.com/  Click here for more info on groundbreaker.co  Best Ever Tweet: “50% of flood losses happen outside of FEMA designated flood zones” - Sean Harper Learn more about your ad choices. Visit megaphone.fm/adc

Scott is the Founder and CEO of The Energy Alliance Group of North America, who was raised as a farmer, educated as an engineer and trained in the auto industry. In this episode, Scott goes into some details on what you should be thinking about when it comes to reducing your energy cost and improving the efficiency that can help improve your ROI.    Scott Ringlein Real Estate Background: Founder & CEO of The Energy Alliance Group of North America From Ann Arbor, Michigan Raised as a farmer, educated as an Engineer and trained in the auto industry. He Suddenly Lost his job after 20 years of working as a Chief Engineer in the Auto-Industry. He Has been the Technical Advisor to the U.S. Dept of Energy in 2009 and 2013 Developed and executed global strategic business plans to secure incremental business with sales revenues of $250+Million. Managed a 50+ member international design and development program team. Say hi to him at : www.energyalliancegroup.org Best Ever Book: Credit Secrets Click here

Danny is a Managing Partner at Passiveinvesting.com and Author of Wealth Lessons for Kids. He is also a multi-return guest and can be found on previous episodes JF1447 & JF1684. As you know, the Coronavirus has been impacting several investors and In this episode, Danny goes into how he is handling his business during this pandemic.  Danny Randazzo Real Estate Background: Managing Partner at Passiveinvesting.com  Author of Wealth Lessons for Kids Became a millionaire at 29 Controls over $225M in real estate Based in Charleston, SC Say hi to him at: https://www.passiveinvesting.com/     Click here for more info on groundbreaker.co  Best Ever Tweet: “Over the past year, I have really had the opportunity to work “ON” the business instead of “IN” the business.” - Danny Randazzo Learn more about your ad choices. Visit megaphone.fm/adchoices

Coronavirus pandemic has been a disruption to normal living; from social distancing, to working from home, and even how you look at someone when they cough. We have also seen how banks have been changing the way they lend money, Theo goes over a recent article JP Morgan Chase released on the new rules around borrowing for home loans and how this could be the beginning of how all banks could change. He explains how this could impact the housing market and provides additional studies on what we can expect in terms of house sales. 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.  Best Ever Tweet: “Obviously they will not live on the streets, therefore, they are more likely to move into an apartment and rent. ” -Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices

Theo is back with another Syndication School episode and this time he will be going over the 11 questions most passive investors will ask you before they invest in your deals. Theo hopes he can arm you with the right mindset when answering these questions to put you in a good position to find investors. 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. Best Ever Tweet: “Making sure you let them know what your financial review process is very important because if you aren't reviewing your financials your investors are not going to like that." - Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices

Karl has done over 200 real estate deals focusing on the more difficult deals that no one likes to deal with because there typically is less competition, harder work, but a bigger reward. Some of the deals he likes are multiple heirs, title issues, excess proceeds, and partition sales. Karl Spielvogel  Real Estate Background: Real Estate Investor in Charlotte Has done over 200 Real Estate Deals. Specializes in Niche Deals/ Solving messy situations that lead to big profits. Examples of niche: multiple heirs, title issues, excess proceeds, and partition sales: Some of the Profits from these deals have been 243k, 228k, 163k, etc.. Say hi to him at : www.UnclekarlsMastermind.com  Click here for more info on groundbreaker.co  Best Ever Tweet: “These niche deals are a lot of work, but the profits are very high per deal. ” - Karl Spielvogel Learn more about your ad choices. Visit megaphone.fm/adchoices

Travis is a full-time investor and the director of Investor Relations at Ashcroft Capital. Travis has written some articles on our blog to help investors during the coronavirus pandemic we are all going through today. As a fulltime passive investor, Travis gives his perspective on what he is seeing in the current market and what he is keeping an eye out for.  Inflation article   Travis Watts Real Estate Background: Full-time passive investor Director of Investor Relations at Ashcroft Capital In 2009 he started investing in multi-family, single family, and vacation rentals Based in Denver, Colorado Say hi to him at https://ashcroftcapital.com/       Click here for more info on groundbreaker.co  Best Ever Tweet: “There is always a silver lining, there will always be opportunities that pop up. Look at this as an opportunity to educate yourself” - Travis Watts Learn more about your ad choices. Visit megaphone.fm/adchoices

Dusty is the Owner and Founder of Oxford Business Services, an income planning, and tax strategy expert. He helps people save on their taxes as well as retirement planning. Dusty explains 5 things you might be missing by not having a tax strategy.    Dusty Rollins Real Estate Background: Owner and founder of Oxford Business Services, an income planning, and tax strategy expert Helps people save on their taxes, as well as retirement planning Based in DeLand, FL Say hi to him at https://www.dustyrollins.com/bestever  Click here for more info on groundbreaker.co  Best Ever Tweet: “A tax strategy is like a good chess player, it is 3 or 4 moves ahead of an amateur.” - Dusty Rollins Learn more about your ad choices. Visit megaphone.fm/adchoices

Tim is the Owner of Falls Real Estate, he owns and manages $15-20M in commercial real estate and has over 9 years of experience. The coronavirus has impacted everyone in the market and today Tim explains from a commercial real estate perspective how he is handling rent collection and making property improvements  Tim Karels Real Estate Background: Owner of Falls Real Estate  Falls Real Estate owns and manages $15-20M in commercial real estate Over 9 years of experience in real estate investing Based in Sioux, South Dakota   Say hi to him at https://fallsre.com/  Best Ever Book: Richest Man In Town   Click here for more info on groundbreaker.co  Best Ever Tweet: “We have to emphasize with everybody but we also have to remember we have our own investors and mortgages to pay and we should look at how we can work together as a team.” - Tim Karels Learn more about your ad choices. Visit megaphone.fm/adchoices

Jimmy is the founder of Sanddollar Communities, a mobile-home park acquisition firm. Jimmy shares how he was able to wholesale 14 mobile home parks in less than 12 months so if you’re interested in getting into the mobile home park scene, this is an episode you will want to listen to since Jimmy gives his way of finding the right mobile home parks to invest in.   Jimmy Johnson Real Estate Background: Founder of Sanddollar Communities, a mobile-home park acquisition firm Has wholesaled 14 mobile home parks in less than 12 months for a total of 471 sites in 7 states He has also partnered on 149 sites across 4 parks where he helps run daily operations Based in Tampa, FL Say hi to him at: jimmy@jimmyjohnson.co  Best Ever Book: Four Hour Work Week by Tim Ferriss    Click here for more info on groundbreaker.co  Best Ever Tweet: “Anyone can pick up the phone and call but offering to meet in person is very influential.” - Jimmy Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Theo goes over a recent blog post written by Evan an Investor Relations Consultant at Ashcroft Capital called “Coronavirus and Commonly Asked Passively Investor Questions”. Theo goes over the entire blog post and adds additional value by adding additional commentary from his point of view. Coronavirus and Commonly asked passive apartment investor questions 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   Best Ever Tweet: “Your investors are more focused on you not losing their money.” - Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Theo continues the series on the SOS approach to managing your investments during a pandemic from episode JF2033. The SOS approach is a three-step process to guide you on what you should do during a crisis event, and after it passes. SOS acronym stands for Safety, Ongoing Communication, and Summary. Theo will be breaking down each step so you can have a better idea of what you should do during today's pandemic.    Part 1 of SOS: JF2033  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

Jonathan has had 30 years of real estate experience, as an agent, investor, and also a life coach. Jonathan mentions there is a possibility of a second wave of coronavirus and because of this he will be extra careful before jumping in and buying up new real estate. Because of his three unique career paths, he was able to share three separate perspectives on the current market Jonathan Greene Real Estate Background: Real estate investor, agent, and a certified life coach 30 years of real estate investing experience Based in West Orange, New Jersey Say hi to him at https://www.streamlined.properties/ or https://jonathangreene.exprealty.com/ Book: Atomic Habits         Best Ever Tweet: “Now is the best time to work “on” the business since we can not spend as much time working “in” the business.” - Jonathan Greene Learn more about your ad choices. Visit megaphone.fm/adchoices

Avery is the CEO of The Short Term Shop and is in the top 1%  of real estate agents and a short term rental expert. Avery and her husband are focusing on short term rentals to help grow their long term rental properties. Five of their short term rentals funded for 19 other properties. In this episode, she will be sharing their story and how they grow their portfolio with this strategy. Avery Carl Real Estate Background: CEO of The Short Term Shop brokered by eXp Realty Top 1% real estate agent and short term rental expert Bought her first rental property at 26 and has scaled to 24 doors Has connected investors with over $125 million in cash flow short term rental investments Based in Pigeon Forge, TN Say hi to her at www.theshorttermshop.com   Best Ever Book: Ego is the Enemy by Ryan Holliday    Best Ever Tweet: “For people looking to bootstrap and cash flow, self-management remotely is a totally doable option and is really the way to go.” - Avery Carl Learn more about your ad choices. Visit meg

Eachan founder and CEO of Nestegg, a platform for property management and maintenance that makes being a landlord refreshingly easy. Eachan is a returning guest from episode JF1980, where he shares the ways technology can make your property management easier. In this episode, he is going to share how you should best go about scaling your business to be nationwide.   Eachan Fletcher Real Estate Background: Founder and CEO of Nestegg, a platform for property management and maintenance that makes being a landlord refreshingly easy Worked as the CTO and VP of product at Expedia where he built and led multiple teams, developed award-winning products Has been interviewed previously on the show, that episode will release on February 3rd, 2020 Based in Chicago, IL Say hi to him at https://nestegg.rent/  Best Ever Book: anything written by Steven Pinker   Best Ever Tweet: “There's a difference between getting bigger and being scalable.” - Eachan Fletcher Learn more about your ad choices. Visit megaphone.f

Chris is the COO of DLC Management Corp and he currently oversees DLC’s a portfolio of $3 billion. Their goal is to buy value-add properties that are underlease or undermanaged. He explains in detail what a value-add property is and how they analyze if it is a good buy or not.  Chris Ressa  Real Estate Background: COO of DLC Management Corp Currently oversees DLC’s asset portfolio of $3 billion 15 years of real estate experience Located in Elmsford, New York Say hi to him at:https://www.dlcmgmt.com/        Best Ever Tweet: “Don’t be seduced by the price dropping.” - Chris Ressa Learn more about your ad choices. Visit megaphone.fm/adchoices

Steve is the Vice President of Education for Mynd Property Management. Steve owned a property management company managing about 1000 SFR and he is also an airline pilot for United Airlines. In this episode, he shares the challenges and the psychological issues he was facing when it came to selling his successful business.  The previous episode Steve Rozenberg was on - https://joefairless.com/podcast/jf172-pros-and-cons-of-investing-in-low-income-properties/   Steve Rozenberg Real Estate Background: Vice President of Education for Mynd Property Management Educates investors about the benefits of small residential investing with a variety of content, including podcasts, video blogs and more Based in Houston, TX Say hi to him at https://www.mynd.co/ Best Ever Book:   Best Ever Tweet: “Are we doing what's best for the team and for ourselves by keeping it, or are we doing what’s best by selling it?” - Steve Rozenberg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Theo shares three ways to get cash from the CARES Act. He explains the 401k distribution, Paycheck protection program loan (PPP), and the Economic Injury Disaster Loan (EIDL) in detail so you will be better prepared during this pandemic. 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.    Best Ever Tweet: “Understanding the CARES Act can help many individuals.” - Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices

Todd owns a company called Apartment Investor Pro, a company that builds websites for apartment investors. Todd gives different items to keep in mind when creating your own website which includes; back end, front end, hosting, and increasing traffic.    Todd Heitner Real Estate Background: Has been building websites for real estate investors for the past 15 years His business, Apartment Investor Pro, takes the pain out of setting up a website for your multifamily investing business Based in Roanoke, VA Say hi to him at www.apartmentinvestorpro.com  Best Ever Book:   Best Ever Tweet: “When choosing a website designer you want to focus on communication. Make sure you choose someone who is easy to communicate with and can understand your goals and vision.” - Todd Heitner Learn more about your ad choices. Visit megaphone.fm/adchoices

Travis is the CEO of Tribevest and shares the story of how Tribevest came to be and explains how they are being impacted by the coronavirus pandemic. He also shares what he is noticing in other tribes and how they are approaching the market.  Travis Smith Real Estate Background: Founder and CEO of Tribevest He is a partner in several investment groups that invest in single-family rentals, multifamily, and commercial real estate From Columbus, Ohio Say hi to him at: www.tribevest.com   Best Ever Tweet: “When everyone is panicking and selling, our tribes are pulling capital together, so when the time is right, they will be able to take advantage of great deals.” - Travis Smith Learn more about your ad choices. Visit megaphone.fm/adchoices