Best Real Estate Investing Advice Ever With Joe Fairless

Daniel is a real estate agent and investor in Fayetteville, NC. He initially wanted to develop an app for community service members but decided to pivot once he realized the upfront capital was too much for his comfort. He now works with Five Pillars Realty team purchasing properties for investments and he shares some of the processes he learned from Amway and Keller Williams that he uses to grow his investor list. Daniel Kidd Real Estate Background: Real estate agent and investor  Works with the Five Pillars Realty team purchasing properties for investments Based in Fayetteville, NC Say hi to him at danielkiddATfivepillarsrealty.com  Best Ever Tweet: “Instead of me driving for dollars, I like to find all the wholesalers that are in a given area, reach out to them and offer to help push their listings.” - Daniel Kidd Learn more about your ad choices. Visit megaphone.fm/adchoices

Joe started off selling industrial equipment before going into real estate investing. In two short years, he grew his real estate portfolio to eleven units doing very well and now he is dealing with the novel coronavirus. Five of Joe’s eleven units are AirBnB’s, and in this unique epidemic, he is projected to lose a major part of his revenue if the coronavirus continues through the summer. Joe shares how he is preparing to survive this epidemic as a real estate investor.  Joe Prillaman Real Estate Background: 2 years of real estate investing experience  Currently has 11 units, 5 Airbnb’s, and 6 single-family homes From Carolina Beach, North Carolina Say hi to him at www.anchoredinvesting.com Best Ever Book: Ego is The Enemy           Best Ever Tweet: “We try to find out what we can reduce right now and any additional revenue streams we can find” - Joe Prillaman Learn more about your ad choices. Visit megaphone.fm/adchoices

Jennifer is the Co-Founder and COO of Leafy Legal Services and the Co-Host on Leafy Podcast. She also has experience specializing in scaling business with remote staff. She helped grow a digital marketing company from 3 to 221 people in 21 countries in under 18 months. In this episode, Jennifer shares the best ways to go about finding top talent to work remotely and how you should approach management as a remote manager. Jennifer Gligoric Real Estate Background: Co-Founder & COO of Leafy Legal Services and co-host on Leafy Podcast 20 years experience in real estate From Galveston, TX Say hi to them at https://www.leafyassets.com   Best Ever Tweet: “If your organization is so bad at hiring, that you have people you just can’t trust, then you need to fire those people who are doing the hiring.- Jennifer Gligoric Learn more about your ad choices. Visit megaphone.fm/adchoices

Daniel and Jessie are engaged and have been investing in real estate for the past 3 years. They are also the owners of OACP Property Management, together they own 7 units and manage 5 others through OACP. In this episode, we discuss how the coronavirus has impacted their business in short term rentals as this is the majority of their revenue. Daniel and Jessie have decided to cater to the traveling nursing demographic which has been helping them stay afloat during this pandemic. Daniel Purcell & Jessie Campora (Fiancé) Real Estate Background: Owners of OACP Property Management 3 years of real estate investing experience  Owns 7 units and manage’s 5 others through OACP From New Orleans, Louisiana Say hi to him at www.oacppropmanagement.com          Best Ever Tweet: “Stay flexible, don’t be caught in a fixed mindset. There is something out there that you're able to do to help your situation or others.” - Daniel Purcell & Jessie Campora Learn more about your ad choices. Visit megaphone.fm/adchoice

In this episode, Theo will give you a three-step approach to what you should do during a crisis event, and when it passes. The three-step approach will be easy to remember by using the acronym S.O.S, which stands for Safety, Ongoing Communication, and Summary. Theo breaks down each step so you will know in detail so you have a better idea of what you can do during today's 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: “Until this goes away you want to make sure your continuously communicating with your investors and with your residents” - Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices

Sterling is the President at Crestworth Capital, a new venture into syndication. In 18 months he has built a $1.5 million portfolio consisting of 26 small multi-family units. Sterling shares an example on one of his deals with a duplex where he was able to get creative and develop a win-win-win strategy.    Sterling Chapman Real Estate Background: President at Crestworth Capital Finance degree from LSU Over the last 18 months, he has built $1.5 million portfolio 26 small multifamily units The host of REI podcast “The Rent Roll Radio Show” Based in Baton Rouge, LA Say hi to him at https://crestworthcapital.com/   Best Ever Tweet: “I typically try to stay away from buying rentals in flood zones because it does hurt your cash flow.” - Sterling Chapman Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Adam Gower is the Founder of GowerCrowd and Author of “Leaders of the Crowd” with over 30 years of real estate experience. Dr. Gower explains the importance of understanding debt, and how to utilize digital marketing to grow your presence and also fund future deals. Dr. Adam Gower Real Estate Background: Founder of GowerCrowd Author of “Leaders of the Crowd.” 30 years of real estate experience Located in Beverly Hills, California   Say hi to him at https://gowercrowd.com/      Best Ever Tweet: “You will have to go through a downturn, period. It will happen. The only guarantee in real estate is prices will go down.” - Dr. Adam Gower Learn more about your ad choices. Visit megaphone.fm/adchoices

Isaac is the general manager of Parrot Property Group. He started in real estate in the back half of 2015 when his brother needed help managing a few rentals then slowly he started to go into wholesaling, getting his licenses in real estate, and managing bigger property groups. Isaac Barrow Real Estate Background: General Manager of Parrot Property Group Parrot Property Group is a family-owned business with 80 years of combined real estate and construction experience They help investors find properties and manage properties in the Indianapolis area Listen to his Dad’s episode here: JF1479: Finding Off Market Deals, Managing Rentals, & Wholesaling with Pete Barrow Based in Indianapolis, IN Say hi to him at https://parrotpg.com/ Best Ever Book:   Best Ever Tweet: “Maintain your relationship with people and eventually you’ll look up and see you have a great reputation.” - Isaac Barrow Learn more about your ad choices. Visit megaphone.fm/adchoices

Cliff Hayden created a system called ShowMeTheRental.com. It is a system he created out of the necessity of reducing the amount of work he was having to do when running his own properties. The system helps with advertising, prescreens leads, phone call follow-ups and schedules showings for your rentals. Cliff also shares how he separates renting his homes from the competition in the area by providing the same quality he would if he was selling the house. Cliff Hayden Real Estate Background: Real estate investor, broker-owner of Altec Properties, and founder of ShowMeTheRental.com Helps investors automate the tenant screening process Based in Louisville, KY Say hi to him at https://showmetherental.com/  Best Ever Book:   Best Ever Tweet: “Takes you years to build up your reputation and seconds to lose it.” - Cliff Hayden Learn more about your ad choices. Visit megaphone.fm/adchoices

Hunter Thompson is a return two time guest from episode JF1545, and JF1220. In this episode, you will learn a ton from Hunter on attracting the right investors, how to establish credibility and fund your future deals. This exact same information has helped him raise more than 30Mil in private capital. He has a book called “Raising Capital for Real Estate” so be sure to check his book out to ensure you can get more info on this topic.  Hunter Thompson Real Estate Background: Founder of Asym Capital, a private equity firm He has raised more than $30 million in private capital Listen to his previous episodes: JF1545: 7 Due Diligence Items For Passive Investors & Passive Investing Opportunities #SkillSetSunday with Hunter Thompson JF1220: He Took His Money Out Of The Stock Market To Syndicate Self Storage & Mobile Home Parks with Hunter Thompson Based in LA, CA Say hi to him at https://asymcapital.com/   Best Ever Tweet: “Content creation is one of the most efficient ways to build your brand

Dan Handford is a returning guest, who was in episode JF1609. Dan is an experienced businessman who went into syndication and in under 24 months created a portfolio valued over $220mil. He shares how he was able to put together a strong team of three total partners. In this episode, you see why it's important to network and find mentors to help you grow at a fast pace.  Dan Handford Real Estate Background: One of the managing partners with PassiveInvesting.com, a national passive apartment investment firm based on the Carolinas. Has led his apartment syndication company to acquire 2,000+ units with a portfolio valued over $220mil in just under 24 months Listen to his previous episode here: JF1609: Successful Entrepreneur Invests In Real Estate For Tax Advantages with Dan Handford Based in Columbia, SC Say hi to him at https://www.passiveinvesting.com/   Best Ever Tweet: “In any business that I’ve started, it has never been just one thing that has helped us take off. It’s always been a multi-leve

John is the CEO and Co-Owner of Pinnacle Storage Properties and Pinnacle Storage Managers. John gives an example of how he looks at a deal and determines if it's worth his time and money. His goal is to buy a storage property that can run without the necessity of him being there. You will learn the formula John uses to evaluate each property he finds before making an offer.    John Manes Real Estate Background: CEO and co-owner of Pinnacle Storage Properties and Pinnacle Storage Managers Has been involved in self-storage since 2005, has raised over $35 million in private equity to build a $100M+ portfolio Based in Houston, TX Say hi to him at Pinnaclestorageproperties.com  Best Ever Book:   Best Ever Tweet: “Can you be successful? Yea, but you’ll trip over yourself doing it and your going to make mistakes that might be very costly” - John Manes Learn more about your ad choices. Visit megaphone.fm/adchoices

Anthony is the Co-Founder and Managing Principal of Red Knight Properties, a value add multifamily and mixed-use investing company. Anthony shares some insight on purchasing commercial real estate and explains the differences between multi-family and commercial properties.  Anthony M. Scandariato Real Estate Background: Co-Founder and Managing Principal of Red Knight Properties, a value add multifamily and mixed-use investing company They have over $500 Million of Commercial Real Estate acquisition experience and control 9 properties Based in NYC, NY Say hi to him at http://redknightproperties.com/ Best Ever Book:   Best Ever Tweet: “Try to find a niche.” - Anthony Scandariato Learn more about your ad choices. Visit megaphone.fm/adchoices

Chad started his journey at a bank straight out of college and after 3 months of working there, the crash of 2008 happened and he lost his job. His first house was with a USDA loan where he found a house with a basement where he lived while he rented out the top half of the house. He has recently bought a 15-unit and is now working on a 50-unit +. Chad Duval Real Estate Background: Worked at a bank out of college, after 3 months of working there, the crash of 2008 happened and he lost his job House hacked his first investment, bought a 9 unit on seller financing, and most recently bought a 15 unit Based in Boston, MA Say hi to him at www.chadduval.com  Best Ever Book:   Best Ever Tweet: “If you can, continually be looking online or networking with everyone and you might actually get more deals.” - Chad Duval Learn more about your ad choices. Visit megaphone.fm/adchoices

Eric Helbock is the definition of hard work and making things happen. He is a full-time teacher who did his first flip in 2010, which took 2 ½ years for him to sell because it needed so much work. He ended up picking up odd jobs to help fund his flip and he was doing the rehab himself because he didn’t have the money to finance anything out. His story is inspiring because he purchased a property most would have given up on, but instead, he figured it out by putting his mind to it. Eric Helbock Real Estate Background: Full-time technology teacher. He is also a Real Estate Investor; Has bought 8 SF rentals, 10 condos, and 15 unit building, he does his own rehabs, self manages and never buys from MLS, only buys distressed deals. First Flip was in 2010 and it was a flop, taking 2 ½ years to sell it. Poughkeepsie, New york Say hi to him at ibuybrokenhouses@gmail.com    Best Ever Tweet: “If you're going to waste the time to go look at something, make the offer. Even if you think it's too low, there might

Stephen is a former Marine Corps Veteran and has owned 300+ Rental Units. He is a business credit expert, in fact, he wrote a book called “The business credit; the complete step by step guide.” He gives some great advice on how to build and maintain credit for your business and shares the three most common mistakes people make when it comes to getting approved for a loan. You will also learn what you can do if you already have a bad business credit score. Stephen Wible Real Estate Background: Marine Corps veteran, sold, invested, and managed real estate, owned 300+ rental units Business credit expert specializes in helping obtain and manage credit for their business Based in Tampa, FL Say hi to him at https://businesscreditspeaker.com/   Best Ever Tweet: “We call that the “secret sauce,” if you know who reports and who will approve you, then you can very simply just follow a step by step process I laid out in my book ” - Stephen Wible Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex Talcott is a Managing Partner at Seacoast Financial Planning, a Partner with Lexdan Real Estate and he also teaches finances and business law at the university of new Hampshire business school.  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 alex.talcott@ampf.com Best Ever Tweet: “Buy Real Estate Two Weeks Ago. ” - Alex Talcott Learn more about your ad choices. Visit megaphone.fm/adchoices

Joey is a partner at Wealth Without Wall Street, a financial advisory firm. He is from Birmingham, AL and started off his career in the mortgage business in 2003 learning how to become an underwriter and eventually started to see a niche of opportunity to lend money to individuals who didn’t qualify under the mortgage guidelines. He shares the pros and cons of private lending and also shares a unique deal he did with an auto loan.  Joey Mure Real Estate Background: Partner at Wealth Without Wall Street, a financial advisory firm Started career in the mortgage business in 2003  Became branch manager and led 25 loan officers, gaining national recognition by 2010 Based in Birmingham, AL Say hi to him at http://www.wealthwithoutwallstreet.com/home/  Best Ever Tweet: “In terms of a lending perspective, think like a lender, make sure you're covered and get creative.” - Joey Mure Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam Southey lost it all in the 2008 market crash and in this episode, he explains how he was able to come back strong from a big setback that took him from full-time investor to W2 employee back to full-time real estate investor all with a sole focus on his new niche, raw land. Adam Southey Real Estate Background: Raw land investor Invests in raw land and consults with clients to help them do the same Host of the podcast Casual Fridays REI Based in Fort Worth, TX Say hi to him at http://www.casualfridaysrei.com/ Best Ever Tweet: “Trust but verify.” - Adam Southey Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Theo joins the myth busters crew and helps you understand why the idea of “you must have a history of multi-family deals to raise money for syndication.” He explains why as long as you have experience in either 1 of 2 other options you can still raise money for your apartment syndication. Listen to the full episode to learn what those two other options are.    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: “The concepts of creating and executing a business plan apply universal, apply to real estate and any other endeavor you go into.” - Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices