Best Real Estate Investing Advice Ever With Joe Fairless

Theo Hicks shares the top states and cities with High Job Growth Markets in 2019. The information in this report is important to you because more jobs equal more demand for rentals. Listen to see if you are in one of the top job growth markets, and if you are, please let us know how this has impacted your business. Best Ever Tweet: “We also like to end our emails with some sort market-related update whether specific to the neighborhood, city, or something that state-specific, so if you're investing in the market that I mentioned today then this is great information you can include in your emails”  Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your a

In this episode, Theo explains the communication process with your passive investors when you decided to sell your deal. Theo first gives you the outline of the process and then dives into each step into detail with you to make sure you are prepared to communicate with your investors when you are selling your own deal. He also explains the email templates Joe uses when he has sold his own deals and makes them available to you. Best Ever Tweet: “Now it's going to be a little different if you decide to do a 1031 exchange. That means the investor has the option to A. Cashout Profits, or B. Exchange their initial investment plus their profits into a new deal.”  Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics tha

Bob Lachance is an Ex Professional hockey player who dived right into real estate investing with no experience. He took a leap of faith, by asking an investor if they needed help and from there his story began. He shares a valuable lesson from a mistake he made along the way that cost him $150,000 in one day. He is a good example of why you keep pushing forward, taking every mistake as a lesson, and staying open minded to discover what you will be good at.  Bob Lachance Real Estate Background: An active business owner and real estate investor since 2004 Ex professional hockey player For the last 5 years Bob has run one of the premiere Virtual Assistant Staffing companies in the world. REVA Global LLC. Based in Hartford, CT Say hi to him at https://revaglobal.com Best Ever book: Traction  Best Ever Tweet: "I look at everything as a learning experience, I invested outside my area of expertise I didn’t know anything about knock down rebuilds. Failure is what it is, it's something you have to learn fr

Dustin Seyersdahl is an active real estate investor in Cincinnati. He started in real estate through contracting and eventually started flipping homes and falling on his face a few times. You will learn the lessons he learned from the early mistakes he has made. He also shares some of the reasons he has been able to rapidly grow his wholesaling business. Dustin Seyersdahl Real Estate Background: Active real estate investor in Ohio specializing in retail flips and runs a rapidly growing wholesale operation Flipped multiple properties in his first year of investing Wholesales over 10 properties per month, with plans to double the volume in 2020 Based in Cincinnati, OH Say hi to him at https://cash4ohiohouses.com/  Best Ever Tweet: "A Couple of days ago somebody had been sold a property and it was on a Demo List, they would have never known unless they would have pulled a title search. I strongly suggest working with title companies and learning that side of the business.” - Dustin Seyersdahl The Best

Pat Hiban is a returning guest and for those who don’t know Pat he is the owner of Pat Hiban Group with Keller Williams, Host his own podcast called “Real Estate Rockstars” and has a new book called “Tribe of Millionaires”. We discuss the importance of surrounding yourself with wealthy individuals who are not “yes-man”, people who peel back the onion and call you on your nonsense. You will be challenged and put in an uncomfortable situation but follow this advice and you will grow.  Pat Hiban Real Estate Background: Owner of Pat Hiban Group with Keller Williams Founder at Rebus University Billionaire Dollar Agent Host of popular podcast “Real Estate Rockstars” New York Times Best-Selling Author of “6 Steps to 7 Figures” Based in Baltimore, Maryland Say hi to him at www.pathiban.com or www.tribeofmillionaires.com  Listen to his previous episodes: JF310: Renting to Section 8 and College Students and ALL You Need to Know About It JF1034: 6 Steps to a 7 Figure Income with Pat Hiban  Check out

David Lecko is from Indianapolis and the CEO of Deal Machine. Deal Machine is a real estate investing app that puts you in touch with any property owner via direct mail, phone, and email. All you have to do is simply take a photo and you instantly see who owns it, then choose how you want to get in touch with the owner. David also shares how his app can help you hire drivers to help you find more properties.  David Lecko Real Estate Background: CEO Of Deal Machine -  a real estate investing app that puts you in touch with any property owner via direct mail, phone, and email. When you see a house, simply take a photo and instantly see who owns it, then choose how you want to get in touch with the owner. Last year app been used to capture 4 Million Potential deals  Based in Indianapolis Say hi to him at https://dealmachine.com/ Best Ever Tweet: "Obviously you don’t want to Lock up a Property that you know you can’t honor the purchase price, but if after your inspection you realize it's going to cost m

Joel is a business owner, investor and a CPA who has completed 80,000 tax returns for clients in all 50 states. Surprisingly, he has yet to do a deal where he’s lost money. In this episode, he shares how he manages risk and talks about why it is important to be more focused on the margin of a deal rather than the top-line revenue figures. Joel Jensen Real Estate Background: CPA, investor, and business owner Co-Founder of Tax Sentry, specializing in real estate taxation Has completed over 80,000 tax returns for clients in all 50 states Based in Provo, UT Say hi to him at http://taxsentry.com/  Best Ever Tweet: "It just kind of reemphasizes that accounting nature in me, that tracking numbers and how you spend your money is probably one of the most important things you can do when it comes to actually doing your tax return.” - Joel Jensen  The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affili

Theo dives deep into the top cities with the highest growth in rent. Everything being equal, a higher rent growth should mean higher payouts to your investors over time. Of course there are multiple factors to take into account, as Theo explains by giving an example of how some towns will have high growth rent but the other important factors are missing so it would not be a good fit to invest in. The states with the most cities listed are Texas, Nevada, and Phoenix. Best Ever Tweet: "You always want to be conservative in your annual income growth assumption, if its 5%,10%, 4%, 3%, whatever it is you want to assume it's going to grow less than the previous historical rate" -Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free.  Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher

Theo explains in detail the difference between Preferred Return and Cash on Cash Return. At the end of this episode you will be able to communicate with your investors in a way that will make them comfortable enough to trust you as an expert GP. You will also walk away with examples on how Joe handles his deals and the creativity he utilizes between Series A and Series B investors. Best Ever Tweet: “Depending on how the math works out the class B investors are definitely not going to receive their entire preferred return for that year, and the class A investors depending on what % of the  LP they make up, may also not get their full preferred return.” - Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free.  Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that o

Mike Ealy graduated from Tuskegee University with Electrical Engineering and started into real estate without understanding over leveraging.  Started off great, buying 20+ units and through some unforeseen events lost it all and moved back home at 30 years old. Instead of rolling over and giving up, Mike came back strong and took the lessons he learned from his experience and turned them into profits. Listen to the lessons Mike has learned so you don't have to. Mike Ealy Real Estate Background: Lost everything in the early 2000s but picked himself up and has since acquired over 1,500 apartment units Just this August alone, Mike bought and closed on over $28M worth of real estate transactions. Based in Cincinnati, OH Say hi to him at https://nassauinvests.com/ Best Ever Book: The Hard Thing about Hard Things Best Ever Tweet: “This is kind of like a marriage, you’re able to communicate, you’re able to express your thoughts and move on, but if you’re married to someone and have to constantly argue eve

Shelby Osborne shares how she utilizes her military experience to grow her realty group quickly by implementing unique systems to ensure she has the right people in the right seats. She started 5 Pillars Realty Group in 2019 and in her first year her team closed 130 transactions equaling to $19 million in volume! She also shares her passion behind giving away free advice by hosting conferences and coaching. Get your pen and paper ready to learn Shelby's systems and secrets to her fast success. Shelby Osborne Real Estate Background: Served in the Army for 6 years, getting out in 2018 to be in real estate full time both as a broker and investor Keller Williams Rookie of the Year for the “Carolinas Region” Founded Five Pillars Realty Group on January 1st, 2019 and in their first year, were recognized as an eXp Icon Team, completing 130 transactions and 19 million in volume Based in Fayetteville, NC Say hi to her at https://www.fivepillarsrealty.com/  Best Ever Tweet: “The best way to learn is to jump

James Kennedy, founder and CEO of SteepSteel, discusses ground and rooftop leases for cell towers. He explains how to sell a cell tower lease at the same time as purchasing a property to be less out of pocket when buying. Listen to today’s #SkillsetSunday episode to find out how to manage or sell a wireless lease. James Kennedy Real Estate Background: Founder and CEO of SteepSteel Has been working and consulting in real estate investment and development for more than 30 years He is uniquely qualified to analyze, interpret, and discuss wireless agreements, as well as their impact on (and relationship to) underlying and adjacent real estate. Based in Woodlands, TX Say hi to him at https://steepsteel.com/ Best Ever Tweet: “The possibilities are endless in terms of problems that aren’t anticipated by buyers because they’re just not used to looking at these types of assets relative to traditional real estate leases.” - James Kennedy The Best Ever Conference is approaching quickly and you could earn you

Investors in large metropolitan areas know it’s very difficult to invest in real estate with high prices and expect a good cap rate. In this #SituationSaturday episode, Chris Stafford explains how he finds “second-tier” cities around the country to invest in through his research and exploration. He also describes the process for finding and screening a good property management company to give you peace of mind. Christopher Stafford Real Estate Background: Listing agent for 25 years One of the top producing real estate brokers in the San Francisco Bay area Works with motivated listing agents, helping them 10x their income while enjoying life Listen to his previous episode: JF1435: How To Pick Markets To Remotely Invest In with Chris Stafford Say hi to him at www.thelistingagent.com  Based in San Francisco, CA Best Ever Book: The Go Giver Best Ever Tweet: “The more information that you get in your arsenal, the more comfortable and confident you’re going to be in investing in other places.” -

Phil Capron went from running special ops missions with the Navy to purchasing his first property in 2010. His new book shows veterans and active duty personnel how, with a few strategic decisions early on in their career, they can acquire and manage enough real estate to separate from the military after a full career as a net-worth millionaire and, ideally, have a cash flow that would replace their active duty income. In this episode, Phil discusses how he conducts his multifamily missions with host Theo Hicks. Phil Capron Real Estate Background:     Purchased first property in 2010 while in Navy in Norfolk, VA     Got real estate license, flipped homes, bought and held SFRs, got into MF a few years ago     244 MF units     Senior Mentor with Michael Blank     Book: Your VA Loan and How it Can Make You a Millionaire     Based out of: NYC     Say hi at  www.philcapron.com Best Ever Tweet: “I’m not concerned about why something isn’t going to work or why we can’t do it, I’m concerned with how can

Theo concludes this series with his final tips for aspiring syndicators who are planning to attend the Best Ever Conference in Keystone, CO on February 20-22, 2020. You know what to bring, what to wear, and have defined an outcome… now what? Theo explains how to set your schedule and get quality face to face time with high-demand speakers. Best Ever Tweet: “You’re going to want to implement any lessons you learned from the Best Ever Conference immediately because that’s when you’re going to have the most motivation.” - Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Theo shares his best ever tips for aspiring syndicators who are planning to attend the Best Ever Conference in Keystone, CO on February 20-22, 2020. In this episode, Theo discusses how to prepare, what to expect, and how to make the most of the conference. Best Ever Tweet: “You’re going to want to have a specifically defined outcome for attending the conference. You’re paying all this money to get a ticket, to fly out there, time away from your business, time away from the family, paying for the hotel, so you don’t want to just come in here and wing it.” - Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Out with the old, in with the new. Investor Russell Westcott is repositioning his portfolio by selling his older properties and replacing them with new construction rental homes. Having transacted over 100 properties over the past 20 years, Russell and his business partner decided they were done being eaten alive by deferred maintenance. He also discusses some of the lessons he’s learned by surviving a couple Canadian market downturns.  Russell Westcott Real Estate Background: Veteran and full time real estate investor  Built his first million-dollar real estate portfolio within his first year of taking the leap into real estate investing Based in Coquitlam, British Columbia, Canada Say hi to him at https://russellwestcott.com/ Best Ever Tweet: “You need to invest in yourself first. Even though you might not have the money and you might not be making money-investment into the deal, you need to invest into yourself. ” - Russell Westcott  The Best Ever Conference is approaching quickly and you could

In this episode, Theo Hicks interviews Eachan Fletcher, founder and CEO of the property management and maintenance platform Nestegg. Eachan discusses all of the insights they discovered while developing Nestegg. Learn about Nestegg’s core features for property management and how they designed their solutions to fit the needs of their targeted consumer.  Eachan Fletcher Real Estate Background: Founder and CEO of Nestegg Worked as the CTO and VP of product at Expedia where he built and led multiple teams, developed award-winning products Based in Chicago, IL Say hi to him at https://nestegg.rent/  Best Ever Book: anything written by Steven Pinker Best Ever Tweet: “When you build technology products, particularly as a startup, you have to be hyper-focused. It’s so easy and so tempting to make your product for everyone.” - Eachan Fletcher The Best Ever Conference is approaching quickly and you could earn your ticket for free.  Simply visit https://www.bec20.com/affiliates/ and sign up to be an affilia

If there’s one thing that Brandon Barnes has learned through his investment experience, it’s that, in order to grow, sometimes you have to hand over the reins. Bringing on someone can be scary, but Brandon shares how having someone dedicated to analyzing and closing deals instead of relying on yourself, can take your real estate investment business to the next level.  Brandon Barnes Real Estate Background: Wholesaler and hosts a real estate meetup His team now grosses north of $1 million annually and is continuing to grow Listen to his first episode:  JF798: How Most of His Revenue Comes from PROBATE Leads Based in Redan, GA Say hi to him at: www.iambbarnes.com  Best Ever Tweet: “I knew it wasn’t working with me being the sole person doing all of the following up and making offers so once I made that leap of faith that, even if they’re 80% of me, they’d probably be 3 to 5 times more productive than me.” - Brandon Barnes    The Best Ever Conference is approaching quickly and you could earn y

Alan Schnur is a contrarian when it comes to buying and selling commercial properties. Alan has built his business around buying shopping centers with national tenants that are recession proof. Alan also explains how triple-net leases work for retail businesses. Alan Schnur Real Estate Background: Alan has bought and syndicated more than 2,000 units and managed more than 7,000 units Owns numerous medical, office, warehouse buildings, shopping centers, and custom builds multi-million dollar homes Based in Houston, TX Say hi to him at www.gr8partners.com Best Ever Tweet: “The triple-net lease business - I’m in ten different states right now. It runs on its own, I don’t have to fix anything, and as a syndicator, the income stream is so much more dependable.” - Alan Schnur    The Best Ever Conference is approaching quickly and you could earn your ticket for free.  Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth