Best Real Estate Investing Advice Ever With Joe Fairless

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

Shannon has 25+ years of real estate experience owning 500+ properties, experienced builder, and syndicator. His family has always been in real estate where dinner conversations consist of real estate deals. In this episode Shannon shares the ways he is approaching his investors and residents to make sure they are all taken care of and his business stays safe.    Shannon Robnett Real Estate Background: 25+ years of real estate investing experience Developer, builder, and syndicator in multi-family and industrial Currently owns 500+ properties From Meridian, Idaho Say hi to him at www.shannonrobnett.com         Best Ever Tweet: “Communicate early and often” - Shannon Robnett Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex is a returning guest from episode JF2021. Alex is a managing partner at Seacoast Financial Planning and a partner with Lexdan Real Estate. In this episode, he shares seven deadly signs to say no in business, a deal, or a partnership to make sure you avoid headaches. Alex Talcott Real Estate Background: Managing Partner Seacoast Financial Planning Partner with Lexdan Real Estate Teaches finance and business law at the University of New Hampshire business school Previously shared his Best Ever Advice in episode 1923 Based in Durham, NH Say hi to him at lexdanre@gmail.com    Best Ever Tweet: “Don’t say yes to every $50k that you have in the door and say yippie. Talk yourself out of business from time to time to be one of the good guys. ” - Alex Talcott Learn more about your ad choices. Visit megaphone.fm/adchoices

Erik left corporate America after 20+ years and the catalyst to push him towards another path was getting laid off for the second time. He started by reading Robert Kiyosaki's book “Rich Dad Poor Dad” and the rest is history. He now is the Founder/Co-founder and Host/Co-host of multiple businesses and podcasts. Erik Cabral Real Estate Background: Founder/Co-founder and host/Co-host of multiple businesses and podcasts Left corporate America after 20+ years, and jumped headfirst into real estate investing Helps investors grow their capital with different real estate investments and sits on the board of the South Jersey Real Estate Investment Association (SJREIA) Based in NYC, NY Say hi to him at www.podmax.co         Best Ever Tweet: “Doubling down on your strengths” - Erik Cabral Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris is a partner of REI Nation and he personally owns $12-15M in residential holdings and commercial real estate. Chris has been on the show before on two other episodes, links are provided below. In this unique episode, Chris shares his thoughts on the differences and similarities in the 2008 crash and the current coronavirus pandemic. Previous Chris Clothier episodes. https://joefairless.com/3-common-mistakes-forming-business-partnership/ https://joefairless.com/faith-will-ruin-real-estate-business/   Chris Clothier Real Estate Background: Partner of REI Nation  REI Nation manages an $800 million (M) portfolio consisting of single-family residentials Chris personally owns $12-15M in residential holdings and commercial real estate 18 years of real estate investing experience From Memphis, TN Say hi to him at: www.reination.com          Best Ever Tweet: “You need to be in planning mode, you have to plan for the 10 things that could happen.” - Chris Clothier Learn more about your ad cho

In this episode, Theo shares 11 tips for collecting rent from your tenants during the coronavirus pandemic. These ideas and tips are from research around the real estate investment community, from some of our previous guests, and from the Best Ever FaceBook community.   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: “During this pandemic, one idea is to apply your tenant's security deposit towards rent and apply a discount to help your tenant’s out.” - Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices

Kyle is the owner of Fearless Flipping and has a focus on AirBnBs. He is joining us today to talk about how the coronavirus has impacted his business. One thing he mentions that is helping him during this time is that he doesn’t view his business as an AirBnB business, but more of a short term rental business which is helping him develop plans to weather this storm. Kyle shares some advice that has worked throughout time and is showing how important it is during this pandemic.   Kyle Stanley  Real Estate Background: Owner of Fearless Flipping 5 years of real estate investing experience Currently has 11 AirBnBs Located in Fresno California   Say hi to him at : https://www.fearlessflipping.com/     Best Ever Tweet: “Utilizing the 33% rule when analyzing deals has helped me stay comfortable during this pandemic” - Kyle Stanley Learn more about your ad choices. Visit megaphone.fm/adchoices

Will has been a real estate investor for the past 3 years and has a portfolio of 23 properties all focusing on long term rentals. Will shares how his long term rentals have been impacted by the coronavirus pandemic. He shares the different plans he has in place to collect rent from his tenants and to make sure he helps them out at the same time.    Will Fraser Real Estate Background: A full-time real estate broker 3 years of real estate experience His portfolio consists of 23 properties, 4 he personally owns From Oklahoma City, OK   Say hi to him at will@craftsmanre.com      Best Ever Tweet: “This gives me an opportunity to build a strong and unique relationship with some of my tenants that I wouldn’t have the ability to do otherwise.” - Will Fraser Learn more about your ad choices. Visit megaphone.fm/adchoices

Solomon is the CEO and founder of Reunion Investments. His business focuses on tertiary real estate markets and they currently are working with the department of defense to provide military housing, which basically guarantees rent for his investors. He explains how he is able to help his passive investors get high returns in uncommon markets. Solomon Floyd Real Estate Background: CEO & Founder of Reunion Investments Managing Director of the CTX Global Real Estate Fund Served in the US AirForce as an Airman Located in Dallas, Texas Say hi to him at: https://www.reunioninvestmentsllc.com/    Best Ever Tweet: “Look at these markets and how they operate now in this crisis, and how they handle these issues to be prepared for the future.”  - Solomon Floyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Avery is the CEO of The Short Term Shop focusing on short term rentals. She purchased her first property at the age of 26 and became a millionaire at 31. In this episode, she shares how they are approaching the market when it comes to renting out properties during the coronavirus pandemic. She also explains how the different types of short term rentals have been impacted and how she would go about renting properties in cities, rural towns, and vacation areas.    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 28 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 Holiday    Best Ever Tweet: “If you're a seasoned investor and you have the cash reserve, now may be a good time to find great deals on p

Michael served in the US Army Special Operations and is a commercial real estate broker who also invests in real estate holding over 35 rental properties, with over $1.5M assets under management. He started out house hacking his first property and gradually went into wholesaling where he actually lost money. This lesson helped him grow and pivot into focusing more on rental properties which led to him getting his license and partnering with a realtor. Michael Glaspie Real Estate Background: Commercial Real Estate Broker, served in the US Army Special Operations Invests in real estate for himself too, holding over 35 rental properties, with over $1.5M AUM Based in Fayetteville, NC Say hi to him at michaelglaspie@fivepillarsrealty.com  Best Ever Book: Go-Giver by Bob Burg    Best Ever Tweet: “There are many creative ways to acquire real estate.” - Michael Glaspie Learn more about your ad choices. Visit megaphone.fm/adchoices

Robert is a young investor who started with house hacking a condo right out of college. He initially had the impression that real estate was only for those with money and it wasn’t for him since he was young and couldn’t afford to buy a house. He now has completed 6 deals and is even focusing on long-distance rentals to find a better ROI.    Robert Leonard Real Estate Background: Real estate and stock investor, podcast host of two shows, 'Real Estate Investing' and 'Millennial Investing', and a full-time Corporate Finance Manager. 24 years old, has completed 6 deals, now focusing on long-distance rentals Based in Boston, MA Say hi to him at https://www.theinvestorspodcast.com/ Best Ever Book:    Best Ever Tweet: “Because of technology, my inspector was on face-time with me as he walked through the property. Showing me the inspections and helping mitigate the risk.” - Robert Leonard Learn more about your ad choices. Visit megaphone.fm/adchoices

David started investing when he was 19 during his junior year because he didn’t want to go the corp route. Broke, no money, no ability to get a loan, and put a 12-unit under contract. He had about 120-units syndicated before he graduated college. This is a must listen to episode If you want to learn how to overcome the objection “You have no experience.”  David Toupin Real Estate Background: Real estate investor and entrepreneur, Co-Founder of Obsidian Capital, a real estate investment firm By the age of 24 he has acquired nearly 600 apartments valued at over $50M, and has a $10M new development projects working on now  Based in Austin, TX Say hi to him at https://www.obsidiancapitalco.com/ Best Ever Book:   Best Ever Tweet: “The answer to the question “You don’t have any experience, why should I invest with you?” The answer to this question was the numbers. Showing them proof that it is a good project” - David Toupin Learn more about your ad choices. Visit megaphone.fm/adchoices

Ian is the Co-Founder of Archimedes Group, they have sourced, participated, and closed over $20,000,000 deals since 2016. In a previous position, Ian has underwritten over $1 billion in acquisitions and dispositions. He is a mobile home park investor and has been doing it for the past 3 years, and part of his learning how mobile houses work, both him and his partner decided to live in a mobile home park, living in a double-wide sleeping on a blow-up mattress for 14 months alternating weeks with his business partner.   Ian Tudor Real Estate Background: Co-founder of Archimedes Group, they have sourced, participated, and closed over $20,000,000 in deals since 2016  In his previous position, he underwrote over $1B in acquisitions and dispositions Based in Charlotte, NC Say hi to him at http://www.archimedesgrp.com/     Best Ever Tweet: “Treat your boss nicely, you never know where that relationship will go.” - Ian Tudor Learn more about your ad choices. Visit megaphone.fm/adchoices