Best Real Estate Investing Advice Ever

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Are you ready for the best real estate investing advice ever? Welcome to the world's longest running, DAILY real estate investing podcast hosted by Joe Fairless. Joe went from buying $35,000 single family homes to controlling over $500,000,000 worth of large apartment communities in under a decade.…

Joe Fairless


    • Jul 4, 2022 LATEST EPISODE
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    • 25m AVG DURATION
    • 2,869 EPISODES

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    Latest episodes from Best Real Estate Investing Advice Ever

    JF2862: Is There a Syndication Bubble? | Round Table

    Play Episode Listen Later Jul 4, 2022 32:45

    In this episode, Ash, Slocomb, and Travis share their opinions on whether there is a looming syndication bubble. They dive into whether they think it has become too easy to syndicate, their thoughts on future appreciation for multifamily syndication, future challenges they see for operators using bridge debt, what they think it will look like if the syndication bubble begins to unravel, and more. Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2861: Navigating the Complexity of LA Property Development ft. David Coe

    Play Episode Listen Later Jul 3, 2022 31:31

    David Coe began his real estate career fixing and flipping houses with his wife, leaving his corporate job behind so that he could spend more time with his family. After managing his way through the Great Recession, he doubled down by getting more involved in the real estate investing community, eventually getting involved in syndications as both a passive investor and general partner. Today, David is a developer at Capital Stack Investments, runs a residential real estate team, and works as an active realtor. In this episode, he discusses the complexity that comes with developing properties in the Los Angeles market, why he considers it a niche, the toughest lesson he's learned when it comes to construction, and his advice for evaluating deals. David Coe | Real Estate Background Real estate investor and developer at Capital Stack Investments, which puts together syndications for infill new construction projects in Los Angeles, CA. Portfolio: GP of: 182 units across five properties LP of: 8+ deals Based in: Los Angeles, CA Say hi to him at: capitalstackinvestments.com Capital Stack Investments' Instagram David's Instagram LinkedIn Best Ever Book: Ninja Selling by Larry Kendall Greatest lesson: Real estate is a people business, not a property business. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2860: Investing in Retail Pt. 2 | Beyond Multifamily ft. Ash Patel

    Play Episode Listen Later Jul 2, 2022 26:51

    In this episode, Ash picks up where he left off from last week's discussion on investing in retail properties (Investing in Retail Pt. 1). Learn about non-anchored versus anchored strip malls, different types of anchored strips, and the pros and cons of investing in each type. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash's goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2859: Land Development & Entitlements 101 ft. Mark McGuire

    Play Episode Listen Later Jul 1, 2022 27:07

    Mark McGuire started his commercial real estate career at the age of 17 assisting in apartment maintenance, working his way up through construction and sales. After he started buying his own units, Mark began participating as an LP in multifamily syndications. Today, he is the CIO of Hearthfire Capital, where he focuses on investor relations and serves as the interim development and entitlements director. In this episode, Mark shares the key to being successful with entitlements, how he recruits new investors, and his Best Ever advice when it comes to underwriting. Mark McGuire | Real Estate Background Chief Investment Officer at Hearthfire Capital, which invests in self-storage, multifamily, and single-family rentals. Portfolio: GP of 20 residential units LP in 12 syndications across multifamily, industrial, hospitality, and self-storage Based in: Lansdale, PA Say hi to him at: Hfirecapital.com LinkedIn Greatest lesson: How to go from the person investing in syndications to finding the deals and raising the capital. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2858: The Hierarchy of Passive Investors — How to Know If You're Winning | Actively Passive Investing Show ft. Travis Watts

    Play Episode Listen Later Jun 30, 2022 11:49

    In this episode, Travis explores the idea that in life, there is always someone doing better than you are, and there is always someone doing worse. Rather than competing with and comparing yourself to others, he explains why it is more important to focus on competing with yourself when it comes to passive investing as well as life in general. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2857: Relentlessness in CRE Development ft. Michael Holman

    Play Episode Listen Later Jun 29, 2022 31:49

    Michael Holman is VP of Development and Finance at Overland Group, Inc., a vertically integrated real estate company that develops, constructs, and manages multifamily and mixed-use properties. In his role, he oversees the company's development while also focusing on acquisitions. As a former CPA for Ernst & Young, he considers himself to be fluent in all things finance. In this episode, Michael discusses Overland's most recent deal, why they are zeroing in on Arizona and Utah, the hardest lesson he's learned so far, and what he believes to be the key to his success. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2856: From CRE Beginner to GP in 3 Months ft. Max Moala

    Play Episode Listen Later Jun 28, 2022 19:30

    Max Moala grew up with parents who were successful real estate investors in the single-family space, but they were hit very hard and lost everything in the 2008 crash. Instead of shying away from the business, however, he decided to face his fears and, with the support of his wife, he left his corporate job in January of 2022 and moved his family to Texas to become a multifamily syndicator. In this episode, Max shares how he became a GP in three months, the key attributes that led him to success in such a short period of time, and his Best Ever advice for other commercial real estate investors. Max Moala | Real Estate Background Founder and CEO of API Investments, a real estate syndication company that focuses on multifamily. Portfolio: GP of 66 units LP of 150 units Based in: Dallas–Fort Worth, TX Say hi to him at: myapinvestments.com LinkedIn Greatest lesson: You don't need to know everything to get started. What you need is desire, courage, and a great work ethic. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2855: Best Ever Advice from Mentors | Round Table

    Play Episode Listen Later Jun 27, 2022 26:50

    In this episode, Ash, Slocomb, and Travis talk about mentors, advisors, books, various quotes, and other things that have helped them along on their commercial real estate journeys. They share the Best Ever advice they've ever received, their thoughts on paid mentoring and coaching programs versus free coaching and seminars, plus their favorite books on investing and finance. Favorite Investing/Finance Books Ash's Recommendations Rocket Fuel by Gino Wickman Who Not How by Dan Sullivan Slocomb's Recommendation The Millionaire Real Estate Investor by Gary Keller Travis's Recommendations Best Ever Apartment Syndication Book by Joe Fairless The Hands-Off Investor by Brian Burke Rich Dad series by Robert Kiyosaki Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2854: Educating Your Investors to Combat Fear ft. Kathy Jang

    Play Episode Listen Later Jun 26, 2022 22:15

    Kathy Jang is a multifamily syndicator focused in the Arizona area. She is CEO and founder of Diamond Point Homes, serving as GP of 536 units across seven properties and LP of 1,086 units. In this episode, Kathy discusses how she uses education to help guide investors who are nervous about the current economic climate, what factors are essential to consider when it comes to renovations, and how she defines wealth. Kathy Jang | Real Estate Background CEO and founder of Diamond Point Homes, which focuses on multifamily syndication. Portfolio: GP of 536 units across seven properties LP of 1,086 units Based in: Phoenix, AZ Say hi to her at: diamondpointhomes.com Facebook Instagram LinkedIn Best Ever Book: Radical Confidence by Lisa Bilyeu Greatest lesson: For me, true wealth is about having freedom and time and the ability to create a positive impact. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2853: Investing in Retail Pt. 1 | Beyond Multifamily ft. Ash Patel

    Play Episode Listen Later Jun 25, 2022 24:43

    In this episode, Ash shares the ins and outs of how to invest in mom-and-pop retail strip malls. These properties typically have the highest management overhead, the highest return, and the lowest competition. Learn the pros and cons of investing in mom-and-pop strip malls, how to look for them, how to add value to them, and how to manage them. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash's goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2852: Scaling Your Business via Property Management ft. Alex Rogers

    Play Episode Listen Later Jun 24, 2022 23:59

    Alex Rogers graduated from the University of Minnesota with degrees in finance and economics in 2009 after watching the Great Recession unfold in real time. However, that didn't deter him from teaming up with a friend to launch his real estate investing career. Today, Alex serves as principal at Gray Duck Companies, a fully integrated real estate firm specializing in multifamily real estate. In this episode, he shares why he decided to take on third-party property management, how he selects clients, and his advice for scaling to the point of hiring full-time staff. Alex Rogers | Real Estate Background Principal at Gray Duck Companies, a fully integrated real estate firm specializing in multifamily real estate. Portfolio: GP of: 200 units through syndication 100 units and approximately 50,000 sq. ft. of commercial acquired outside of raising capital with his business partner and additional JV partners. LP of one fund, one multifamily syndication, and one storage syndication. Based in: Duluth, Minnesota Say hi to him at: GrayDuckCapital.com Instagram Linkedin Best Ever Book: Who Not How, Dan Sullivan Greatest lesson: One of the greatest lessons I've learned was the strength of your immediate network and those you spend time with. A common saying is that "you are the average of the five people you surround yourself with.” I take this to heart and try to surround myself with people that are smarter than I am. If you're the smartest person in a room, you're in the wrong room. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2851: How to STOP Exchanging Time for Money | Actively Passive Investing Show ft. Travis Watts

    Play Episode Listen Later Jun 23, 2022 9:17

    While we are constantly seeking more money and more freedom, it's important to determine how much you want or need to avoid falling into the trap of trading away all of your most important, finite resource — your time. In this episode, Travis shares how passive investing can help you stop exchanging your time for money. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2850: 4 Reasons to Purchase Mom-and-Pop Portfolios ft. Omni Casey

    Play Episode Listen Later Jun 22, 2022 21:28

    Omni Casey was born and raised in Hawaii, where he launched his career as both a real estate investor and a broker. After relocating to Virginia 12 years ago, Omni and his wife transitioned from single-family homes to purchasing entire mom-and-pop portfolios. In this episode, he shares his thoughts on the benefits of buying mom-and-pop portfolios, changing his strategy based on the changing economic and political climate, and the importance of separating financial independence from building wealth. Click here to purchase Omni's new book, The Cash-Flow Breakfast Club: A Story and a Manual. Omni Casey | Real Estate Background Real estate investor at New Leaf Redevelopers and managing broker at Weichert Realtors. The family investment business focuses on buy-and-hold deals that are small to mid-sized multifamily properties. Portfolio: GP of: 170 units Five commercial properties Two mixed-use properties One small storage rental building A commercial retail unit A flex/warehouse space Based in: Ashburn, VA Say hi to him at: my.cashflowbreakfastclub.com/freebook Facebook Instagram YouTube Best Ever Book: *Multifamily Millionaire* by Brandon Turner Greatest lesson: There are benefits to understanding the changing economic indicators and how that changes the investing strategy that you may want to focus on. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2849: Geo Freedom Through CRE Investing ft. Michael Albaum

    Play Episode Listen Later Jun 21, 2022 25:26

    Michael Albaum is living his dream: traveling full-time in a renovated van with his wife. Their nomadic lifestyle is made possible through his commercial real estate investments, allowing him to invest remotely from anywhere. He's also able to run his company, Roofstock, while on the road, which provides single-family rental opportunities for buyers, sellers, and financial management software for real estate investors. In this episode, Michael shares how he's scaled his business, and how he manages his investments from anywhere in the world. Michael Albaum | Real Estate Background Program manager and head coach at Roofstock, a marketplace for buying and selling investment properties. Portfolio: Owner of 47 commercial units He invests in real estate remotely while embodying the nomadic lifestyle of living in a van and traveling with his wife full time. Based in: Petaluma, CA Say hi to him at: roofstock.com LinkedIn Twitter The Remote Real Estate Investor Podcast Roofstock Instagram Roofstock LinkedIn Roofstock YouTube Best Ever Book: First to a Million by Dan Sheeks Greatest lesson: Your gut knows more than you think. Start listening to it. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2848: Effectively Using Social Media for Real Estate | Round Table

    Play Episode Listen Later Jun 20, 2022 32:25

    In this episode, Ash, Slocomb, and Travis discuss the different ways they use social media to promote their businesses, along with their best tips and biggest online mistakes. Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2847: Professional Poker Player to Mobile Home Parks Investor ft. Pasha Esfandiary

    Play Episode Listen Later Jun 19, 2022 30:59

    Pasha Esfandiary was a professional poker player from the ages of 21 to 25. Seeking more stable income, he started flipping houses, eventually shifting to commercial real estate. Today, his primary investments are in mobile home parks and multifamily. In this episode, Pasha shares the lessons he learned from poker that translate into commercial real estate investing, along with his tips for navigating the booming field of mobile home parks. Pasha Esfandiary | Real Estate Background Founder of Evoke Capital, which focuses on value-add mobile home parks. Portfolio: GP of 550 units/lots/doors between a mix of apartment complexes, motels, and mobile home parks. Based in: Los Angeles, CA Say hi to him at: evokecapital.net LinkedIn Best Ever Book: Think and Grow Rich by Napoleon Hill Greatest lesson: Pertaining to this field of mobile home parks, buy good assets and let time do the work. Get REALLY rich slow. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2846: How to Use Pain Points to Get Deals Done | Beyond Multifamily ft. Ash Patel

    Play Episode Listen Later Jun 18, 2022 20:57

    In this episode, Ash uses some of his personal stories to illustrate how pain points and emotions are a part of real estate transactions, and how you can use them to your advantage. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash's goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2845: 8 Things Capital Providers Want in a Sponsor ft. J.C. Clemens

    Play Episode Listen Later Jun 17, 2022 21:45

    J.C. Clemens Jr. spent seven years working for Holliday Fenoglio on the mortgage side and in multifamily sales before landing at Flagship Capital Partners. Flagship is a direct lender and equity investor for commercial real estate transactions with a compelling value-add story. J.C. serves as its managing director and chief production officer while investing in separate general partnerships and limited partnerships on the side. In this episode, he discusses how he qualifies sponsors he chooses to work with, what an ideal sponsor looks like, and the biggest indicator that a sponsor isn't going to be a good fit. J.C. Clemens Jr. | Real Estate Background Managing director and chief production officer at Flagship Capital Partners. They are capital providers for value-add real estate investments across the country. Portfolio: GP of over 3,000 units LP of 30+ different properties across the country as an institutional LP investment or as a first lien senior lender Based in: Houston, TX Say hi to him at: flagshipco.com Linkedin Greatest lesson: Find your niche and stay in your lane. Don't try to make deals work if they don't fit your investment criteria. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2844: Why Investors Lose Money - How to Stop Misbehaving | Actively Passive Investing Show ft. Travis Watts

    Play Episode Listen Later Jun 16, 2022 11:32

    In this episode, Travis discusses the highlights from Misbehaving: The Making of Behavioral Economics, a book written by Nobel Prize winner and author Richard H. Thaler. While we often assume most people are logical and rational with their money, Travis explains how Thaler disproves that theory with a number of examples. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2843: Generating Value from Distressed Properties ft. Ken Naim

    Play Episode Listen Later Jun 15, 2022 33:24

    Ken Naim originally studied to be a pharmacist, but after determining the career wasn't for him, he quickly pivoted to IT. Before launching his IT career, Ken purchased his first property — a condo for his grandparents. Today, Ken is president of DB Performance, an IT consulting company, and the managing member of his real estate syndication company, Beacon One. In this episode, Ken shares the details about his first commercial property deal, why he invests across asset classes, and what drove him to do his first syndication this year. Ken Naim | Real Estate Background President of DB Performance and managing member of Beacon One. DB Performance is an IT consulting company; Beacon One is a real estate syndication company. Portfolio: Owner of 37,000 square foot office building 25,000 square foot industrial building syndication 12,000 square foot retail shopping center Based in: Lake Worth, Florida Say hi to him at: Facebook Linkedin Greatest lesson: We all have negative experiences that create mental roadblocks; don't let them become permanent limiters of your potential. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2842: What It Takes to Thrive as a California CRE Developer ft. Bryan Underwood

    Play Episode Listen Later Jun 14, 2022 28:06

    San Diego native Bryan Underwood grew up learning the ins and outs of self-storage from his family. After honing his acquisitions, entitlements, and property due diligence skills, he went on to start Responsible Real Estate, which develops residential projects in both the single-family and multifamily asset classes. In this episode, Bryan discusses his biggest learning curve in residential development, what he looks for in a project manager, and what it takes to thrive in the San Diego market. Bryan Underwood | Real Estate Background President of Responsible Real Estate, Inc., which sources investment opportunities, entitles land, raises capital, performs property due diligence, and develops residential projects. Portfolio: GP of: 109 units between two development properties and one value-add property 10 townhomes LP of: 15 self-storage facilities Based in: San Diego, CA Say hi to him at: investwithbryan.com/join Facebook Instagram Linkedin Twitter Best Ever Book: The Bible Greatest lesson: Surround yourself with great people. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2841: Investing in the Current Economic & Political Climate | Round Table

    Play Episode Listen Later Jun 13, 2022 26:21

    In this episode, Ash, Slocomb, and Travis discuss how the economic and political climate in mid-May of 2022 is impacting the way they look at deals, the rules of thumb they follow when it comes to recession recovery, and the fundamentals of the economy. Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2840: Should CRE Investors Take a Summer Break? ft. Dan Kryzanowski

    Play Episode Listen Later Jun 12, 2022 26:31

    Dan Kryzanowski has been a passive investor for the past decade and plans on using the summer of 2022 to reflect on his investment strategy, his goals, and the asset class(es) he chooses to focus on. Dan is an advisory partner at BV Capital, which is a private, veteran-owned real estate development and investment company. In this episode, Dan explains why he is taking a temporary step back this summer when it comes to investing, why he recommends deferring taxes with the Delaware Statutory Trust, and why he recommends completing additional due diligence when dealing with a sponsor consisting of only one GP. Dan Kryzanowski | Real Estate Background Advisory partner at BV Capital, which is a private, veteran-owned real estate development and investment company. Portfolio: LP of: 2,600+ storage units 1,500+ multifamily doors Additionally, dozens of industrial, infrastructure, and residential properties Based in: Austin, TX Say hi to him at: LinkedIn bvcapitaltx.com/ learn.rocketdollar.com/hc/en-us Greatest lesson: Be extra cautious (and complete additional due diligence) when dealing with a sponsor consisting of only one GP. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2839: How to Score Deals from Brokers | Beyond Multifamily ft. Ash Patel

    Play Episode Listen Later Jun 11, 2022 23:35

    In this episode, Ash talks about broker relationships and how to secure deals from brokers. Anyone can develop great broker relationships, he says — it's all about how you approach them. Ash takes time to go through his LinkedIn inbox to demonstrate examples of the do's and don'ts when it comes to reaching out to brokers. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash's goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2838: How to Be an Effective Capital Partner ft. Melanie McDaniel

    Play Episode Listen Later Jun 10, 2022 32:28

    U.S. Navy Veteran Melanie McDaniel had been working as a park ranger for nine years when she decided to leave her federal career behind and become a full-time real estate entrepreneur. Today, she is the founder, partner, and fund manager at Freestyle Capital Group and Freestyle Fund. In this episode, Melanie shares how she became a co-GP and capital partner, her thoughts on investing in real estate during a high inflation period, and why conducting due diligence on deal fees is more important than ever right now. Melanie McDaniel | Real Estate Background Founder and partner/fund manager at Freestyle Capital Group and Freestyle Fund. Freestyle Capital Group is a boutique private equity firm that focuses on a variety of asset classes, and Freestyle Fund is a customizable Fund. Portfolio: GP of: 206 units across AZ, TX, and VA Owns 24 units in Norfolk, VA Triple net in Longview, TX Three luxury residential assisted living houses LP of: 276 units in Huntsville, AL Based in: Austin, TX Say hi to her at: freestylecapitalgroup.com Facebook Instagram: @freestylecapitalgroup LinkedIn Twitter: @freestyleinvest YouTube Greatest lesson: Everyone who has made money from real estate has been a genius in the last 10 years. The coming times are going to separate the true professionals from the operators who have gotten lucky with the market cycle. Do your due diligence. I have looked at enough underwriting in the last two years to know that a large majority are underwriting aggressively based on the market cycle we just went through. It is time to play defense and look for lower-risk opportunities with strong teams with a track record. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2837: How to See the Future — The Next 10 Years in Multifamily | Actively Passive Investing Show ft. Travis Watts

    Play Episode Listen Later Jun 9, 2022 14:02

    In this episode, Travis discusses the future of multifamily within a 10-year time frame. His projections are based on his investor relations experience and conversations he has had with investors regarding uncertainty in the current market. By zooming out to look at things from a macro level, he hopes to help others avoid analysis by paralysis when it comes to their own investments. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2836: Current Market Challenges for Syndicators ft. Rich Neuharth

    Play Episode Listen Later Jun 8, 2022 29:57

    U.S. Air Force Veteran Rich Neuharth rented and rehabbed 80 single-family homes before making the switch to multifamily syndications two years ago. Today, he co-owns and handles acquisitions for Aviana Capital Group, a private real estate investment firm focused on multifamily. In this episode, Rich tells us what drew him to apartment syndications, how he's seen Covid impact landlord/tenant relationships, and how the current economic and political climate has affected his approach to debt. Rich Neuharth | Real Estate Background Co-owner/acquisitions at Aviana Capital Group, a private real estate investment firm that focuses on multifamily. Portfolio: GP of 600+ units Works full-time as an air traffic control specialist Based in: Denton, TX Say hi to him at: avianacapgroup.com Facebook Linkedin Best Ever Book: The Virgin Way by Richard Branson Greatest lesson: Stay humble or be humbled. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2835: How a Rebel Mentality Can Be Your Best Asset ft. Tosin Oduwole

    Play Episode Listen Later Jun 7, 2022 35:55

    Tosin Oduwole was raised in an entrepreneurial family where he was exposed to the real estate business at a young age. After attending boarding schools in Europe and Africa that nurtured his entrepreneurial spirit throughout his teens, Tosin arrived back in the states ready to get to work. Today, he is CEO and founder of Building AQuisition Partners, a regulation D 506(c) fund that invests in turnkey and distressed assets in developing markets. In this episode, Tosin discusses how he raised capital for his first fund without a track record, the creative ways he finds deals, and how to build a strong credit profile. Tosin Oduwole | Real Estate Background CEO and founder of Building AQuisition Partners, which is a regulation D 506(c) fund that invests in turnkey and distressed assets in developing markets. Previous episode: JF554: How He Wholesales, Holds, and Raises Money! Portfolio: GP of 98 units LP of 22 units Based in: Miami, FL Say hi to him at: Instagram: @tosin_oduwole Linkedin Greatest lesson: Have patience and wait for the right deals that fit the criteria of your investing level. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2834: Personal Finance vs. Investing | Round Table

    Play Episode Listen Later Jun 6, 2022 30:29

    In this episode, Ash, Slocomb, and Travis talk about the two sides of the coin: personal finance and investing. They discuss the importance of each practice and share tips and stories based on their own personal experiences. Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2833: Establish Your CRE Niche & Build a Community ft. Bobby Jones

    Play Episode Listen Later Jun 5, 2022 26:14

    Retired nurse and anesthetist Bobby Jones is an apartment syndication investor on a mission to spread the word about real estate investing to other healthcare professionals. Today, he is the founder of On Call Capital, which matches these professionals up with reputable operators in the real estate and alternative investing space. In this episode, Bobby shares how he discovered apartment syndications, what influenced him to move beyond passively investing to become a GP, and how he uses commonality to build his network. Bobby Jones | Real Estate Background Owner of Yellow Hammer Properties Inc, which helps others achieve financial freedom through real estate investments. He focuses on residential flips and multifamily investments. Portfolio: GP of 234 units in Texas LP of 68 units in Alabama. 20 years of real estate experience Based in: Birmingham, AL Say hi to him at: Iambobbyjones.com https://podcastconnection.org/bobbyjones/ Greatest lesson: If you want to go where everyone else is going, then do what they do. If you want to stand out and do something different, then you need to try new things. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com   

    JF2832: 4 Common Limiting Beliefs | Beyond Multifamily ft. Ash Patel

    Play Episode Listen Later Jun 4, 2022 15:49

    In this episode, Ash discusses four common limiting beliefs that keep investors from accomplishing their goals and provides solutions to overcome them based on his personal experiences. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash's goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2831: How a Former Teacher Scaled to $400M in AUM ft. Todd Dexheimer

    Play Episode Listen Later Jun 3, 2022 25:56

    When former high school teacher Todd Dexheimer decided he wanted to get into real estate 14 years ago, he scraped up every last dollar he and his wife had to buy their first single-family rental property. Today, as a GP of 4,000 units, Todd is focused on purchasing well-located commercial multifamily and senior housing assets. In this episode, he shares how he transitioned from flipping houses to buying commercial multifamily properties, how the current market is influencing his underwriting and perspective on debt, and why understanding the current state of the market is key to survival. Todd Dexheimer | Real Estate Background CEO and owner of Endurus Capital (multifamily) and VitaCare Living (assisted living). They purchase and syndicate 100+ unit value-add multifamily and senior housing, focusing on properties with economical deficiencies in grade B+ to A locations. Portfolio: GP of 4,000 units, totaling $400M in AUM LP of $1.5M Based in: St Paul, MN Say hi to him at: enduruscapital.com Facebook Instagram Linkedin Best Ever Book: Building a StoryBrand by Donald Miller Greatest lesson: Use highly qualified professionals in areas that aren't your focus. For example, use attorneys instead of trying to do it yourself. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2830: Two Best Ever Ways to Increase Your Income | Actively Passive Investing Show ft. Travis Watts

    Play Episode Listen Later Jun 2, 2022 17:19

    In this episode, Travis shares two ways to help boost your income. Be sure to follow us on YouTube! Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2829: From Marcus & Millichap Broker to GP of 6,000 Units ft. Max Sharkansky

    Play Episode Listen Later Jun 1, 2022 23:25

    Max Sharkansky brokered for five years at Marcus & Millichap before he began buying real estate with his childhood best friend. Today, he specializes in value-add multifamily and serves as GP of 6,000 units across California, Oregon, Colorado, and the Southeast. In this episode, Max shares his formula for getting access to deals before they reach the institutional process, how current events are changing the way he underwrites and structures debt, and why he chooses not to veer away from the multifamily asset class. Max Sharkansky | Real Estate Background Partner at Trion Properties, which invests in multifamily real estate, and specifically specializes in value-add projects. Portfolio: GP of 6,000 units Based in: Miami, FL Say hi to him at: trionproperties.com All socials: @trionproperties Best Ever Book: Atomic Habits by James Clear Greatest lesson: Take risks and hire good people. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2828: How Her Covid Book Club Sparked CRE Success ft. Suzy Sevier

    Play Episode Listen Later May 31, 2022 27:41

    Suzy Sevier's real estate journey began only two years ago at the onset of COVID-19. During the lockdown, she and her husband Michael decided to take the opportunity to educate themselves as much as possible and get into the business. Today, the England-based investors are focused on multifamily assets in Oklahoma. In this episode, Suzy discusses how the pandemic kickstarted her real estate journey, how she finds deals in the U.S. while living in England, and why having the right partner is the key to success. Suzy Sevier | Real Estate Background Co-founder of Adventurous Real Estate Investors, which focuses on value-add multifamily investments. Portfolio: GP of 388 units LP of three deals: short-term rental JV, one apartment complex, and ATMs Based in: Cambridge, England Say hi to her at: adventurousrei.com Facebook Instagram LinkedIn Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com   

    JF2827: How to Create Financial Independence from Real Estate | Round Table

    Play Episode Listen Later May 30, 2022 25:31

    In this episode, Ash, Slocomb, and Travis discuss financial independence as it pertains to real estate. Each week for the Best Ever Round Table, the three Best Ever Show hosts — Ash Patel, Slocomb Reed, and Travis Watts — come together for a deep dive into a commercial real estate investing topic. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2826: From a GPA of 1.53 to GP of 51 Units & 2 Hotels ft. Jiries Dawaher

    Play Episode Listen Later May 29, 2022 31:13

    Jiries Dawaher graduated high school in 2002 with a GPA of 1.53. He then served in the Army National Guard in Ohio as a helicopter and diesel mechanic for nine years, dabbling in network marketing on the side. After getting out of the military, he was bartending in Hilton Head, SC, when he got a call from a friend who was making money by wholesaling in Cincinnati — and the rest is history. In this episode, Jiries shares about using his wholesaling background to acquire multifamily properties, his top networking strategies, and how he ventured into the hotel business. Jiries Dawaher | Real Estate Background Owner of JDS Holdings IX LLC and Homes by CityScape, which buys and renovates homes from single-family to multifamily to rent. Portfolio: GP of 51 units and two hotels Based in: Cincinnati, OH Say hi to him at: Instagram Facebook Linkedin His book: Real Estate Investing 101: How You Can Go From Broke to 7 Figures in Five Simple Steps Greatest lesson: Surround yourself with people better than you. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2825: 12 Tips for Interviewing Podcast Guests | Beyond Multifamily ft. Ash Patel

    Play Episode Listen Later May 28, 2022 22:55

    In this episode, Ash shares his top 12 tips for interviewing podcast guests. The Beyond Multifamily series is hosted by non-residential commercial real estate investor and Best Ever Show host, Ash Patel. Ash's goal for this series is to introduce you to the world of non-residential commercial real estate investing and teach you how to look at and underwrite different commercial asset classes. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2824: Disrupting the Hospitality Industry ft. Robert Rivani

    Play Episode Listen Later May 27, 2022 28:35

    Robert Rivani, a self-described disrupter of real estate, is the president of the commercial real estate investment company, Black Lion. He focuses on distressed and affected markets he can improve through drastic remodeling and attracting new tenants with staying power. In this episode, Robert tells us about how Black Lion is disrupting the hospitality industry in Miami, his fundamental belief regarding debt, and why he thrives on volatility. Robert Rivani | Real Estate Background President of Black Lion, a commercial real estate investment company that specializes in hospitality-focused projects. Portfolio: GP of 13 properties including restaurants and retail Based in: Los Angeles, CA, and Miami, FL Say hi to him at: blacklion.inc rivani.com Instagram

    JF2823: How to Be Twice as Rich by Desiring Less | Actively Passive Investing Show ft. Travis Watts

    Play Episode Listen Later May 26, 2022 14:42

    In this episode of the Actively Passive Show, Travis discusses how it is possible to be twice as rich by desiring less, what that means, and how you can apply it to your own life and investing strategies. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2822: From the Market Crash to $350M AUM ft. Robert Ritzenthaler

    Play Episode Listen Later May 25, 2022 30:04

    Robert Ritzenthaler grew up around his father's construction business before earning his finance degree, which kickstarted his career on Wall Street. After the market crash of 2000, however, Robert reconsidered his path and decided to join his friend's growing real estate business. Today, he is CEO and founder of REM Capital, with $350M AUM across eight states and a total door count of over 3,400. In this episode, Robert discusses how the current interest rate climate is affecting his investing decisions, the advantages of bridge debt, and the hardest lesson he's learned so far. Robert Ritzenthaler | Real Estate Background CEO and founder of REM Capital, a real estate investment company that focuses on value-add and new development opportunities in key markets within the U.S. Portfolio: $350M AUM across eight states with a total door count of over 3,400 Based in: Bradenton, FL Say hi to him at: remcapital.com Facebook Instagram LinkedIn YouTube Best Ever Book: Leadership in Turbulent Times by Doris Kearns Goodwin

    JF2821: Short-Term Rental Property + Wedding Venue = $300K Annual Revenue ft. Bailey Kramer

    Play Episode Listen Later May 24, 2022 24:52

    By age 19, Bailey Kramer already knew that he wanted to channel his entrepreneurial mindset into commercial real estate. That was only two years ago. Since then, he has been learning, networking, and doing deals. Today he is GP of 64 units and a short-term rental property that is commercially zoned and allows weddings. In this episode, he shares how he broke into real estate at such a young age, how he acquired such a unique property, and his approach to financing. Bailey Kramer | Real Estate Background Founder and CEO of his eponymous company, Bailey Kramer, which focuses on long-term and short-term rentals. Portfolio: GP of 64 units and a short-term rental property that is commercially zoned and allows weddings. Bought his first investment when he was 20 years old. Based in: Orlando, FL Say hi to him at: baileykramer.com Facebook Instagram LinkedIn TikTok Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2820: How to Set Investing Goals | Round Table

    Play Episode Listen Later May 23, 2022 29:40

    In this episode of Round Table, Ash, Slocomb, and Travis share how they discuss goals with new investors that come to them for advice. Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2819 Why the Sky Is the Limit for Toronto Investors ft. Jas Takhar

    Play Episode Listen Later May 22, 2022 24:45

    Jas Takhar grew up in Rexdale, Toronto, where he sold everything from newspapers to shoes to cars. The next step in the evolution of his sales career, he realized, was commercial real estate. He became a real estate broker 17 years ago, and still maintains that role today while making his own investments. In this episode, Jas details his long-term hold investing strategy, his philosophy when it comes to timing the market, and what's next for investors in the landlocked city of Toronto. Jas Takhar | Real Estate Background Co-founder of REC Canada. Portfolio: GP of 11 properties, including condos, apartments, duplexes, and a land deal. Recently invested in The Azur Resort in Florida. 17 years of real estate experience. Based in: Toronto, Canada Say hi to him at: jastakhar.ca Facebook Instagram YouTube Best Ever Book: The 7 Habits of Highly Effective People by Stephen Covey Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2818: 15 Podcast Interview Tips | Beyond Multifamily ft. Ash Patel

    Play Episode Listen Later May 21, 2022 27:54

    In this episode of Round Table, Ash, Slocomb, and Travis share how they discuss goals with new investors that come to them for advice. Here is the first time Ash guested on the podcast: JF477: You Should Have Bought This Mixed-Use Property! Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com

    JF2817: Building Momentum from House Hack to LP ft. Nicole Pendergrass

    Play Episode Listen Later May 20, 2022 17:46

    Nicole Pendergrass started her career in value-add commercial multifamily with a three-family house hack in the Bronx. Today, she is the founder of Noirvest Holdings, which focuses on value-add commercial multifamily with a mission to increase equity and net worth for communities of color. In this episode, Nicole shares how her first property helped her to become an LP investor, the hardest lesson she's learned so far, and how she plans to execute her mission. Nicole Pendergrass | Real Estate Background Founder of Noirvest Holdings, which focuses on value-add commercial multifamily. Their mission is to increase the equity/net worth of communities of color by providing access to investment opportunities. Portfolio: Owns three properties, totaling 14 units. Three are owned solely and 11 owned 50/50 as JV. LP of 96 units Full-time career is in health care administration. Based in: Bronx, NY Say hi to her at: noirvestholdings.com Facebook Instagram LinkedIn Best Ever Book: The Gap and The Gain: The High Achievers' Guide to Happiness, Confidence, and Success by Dan Sullivan Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com 

    JF2816: The Passive Income Mindset — How to Reduce Risk | Actively Passive Investing Show with Travis Watts

    Play Episode Listen Later May 19, 2022 19:41

    In this episode, Travis argues that the “buy low, sell high” passive income investing strategy might not always be best suited for your needs. He introduces an alternative strategy to consider, using both real estate and stocks as examples. Be sure to subscribe to our YouTube channel! Click here to know more about our sponsors:  Cash Flow Portal | Equity Multiple | Cornell Capital Holdings | PassiveInvesting.com

    JF2815: How to Scale to $200M AUM without Partners ft. Logan Rankin

    Play Episode Listen Later May 18, 2022 29:09

    Logan Rankin started out leading retail operations for a Fortune 50 company, but soon realized while he was working hard, his money wasn't working hard for him. As he developed his financial literacy, he decided to take a big risk — he bought his first investment property, leaving only $7 in his bank account. Today, Logan owns 185 buildings totaling 1,923 units. In this episode, he shares how he's been able to scale without partners or syndications, his tips for lead generation, and the number-one rule he lives by. Logan Rankin | Real Estate Background Owner/founder of Rankin Enterprises and Focus Property Management. Portfolio: Owner of 185 buildings totaling 1,925 units and a value north of $200M Based in: Kaukauna, WI Say hi to him at: loganrankin.com Facebook Instagram LinkedIn TikTok Twitter Best Ever Book: Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio Logan's book: Find Your Financial Freedom: Let Go of Fear, Gain Control, & Achieve Lifelong Wealth Click here to know more about our sponsors:  Cash Flow Portal | Equity Multiple | Cornell Capital Holdings | PassiveInvesting.com 

    JF2814: Develop the Staying Power You Need to Survive the Next Recession ft. Vicky Schiff

    Play Episode Listen Later May 17, 2022 26:30

    Vicky Schiff started her first company when she was 30 in the self-storage industry. Since then, she has founded or co-founded five firms in real estate, real estate private equity, and capital formation, as well as a lending platform. In this episode, Vicky discusses the importance of staying power, the psychology behind economic cycles, and how she tempers the existing fear about what's next for commercial real estate. Vicky Schiff | Real Estate Background Strategic advisor at Saul Urban LLC, which evaluates and develops multifamily sites and projects for adaptive and strategic reuse. She has founded/co-founded five firms in the real estate and finance sectors. Portfolio: LP of over $10B transactions Based in: Los Angeles, CA Say hi to her at: Linkedin Twitter Best Ever Book: The Black Obelisk by Erich Maria Remarque Click here to know more about our sponsors:  Cash Flow Portal | Equity Multiple | Cornell Capital Holdings | PassiveInvesting.com 

    JF2813: 19 Ways to Add Value to a Podcast as a Host or Guest | Round Table

    Play Episode Listen Later May 16, 2022 27:20

    In this episode of the Best Ever Round Table, Ash, Slocomb, and Travis take turns sharing their experiences as both hosts and guests on podcasts. Click here to know more about our sponsors:  Cash Flow Portal | Equity Multiple | Cornell Capital Holdings | PassiveInvesting.com

    JF2812: Are Mobile Home Parks an Undervalued Asset Class? ft. Jonathan Tuttle

    Play Episode Listen Later May 15, 2022 26:39

    Jonathan Tuttle has been in the mobile home park space since 2007. He served as a mobile home broker for 10 years and now serves as a fund manager at Midwest Park Capital, a private real estate investment firm focused on the mobile home park vertical. In this episode, Jonathan shares how the mobile home park space has changed over the last few years, what he sees in store for the future, and why despite everything, he still views mobile home parks as an undervalued asset class. Jonathan Tuttle | Real Estate Background Fund manager at Midwest Park Capital, which is a private real estate investment firm focused on the mobile home park vertical. Portfolio: GP of 95 units across two mobile home parks Based in: Chicago, IL Say hi to him at: midwestparkcapital.com mobilehomewealthacademy.com Facebook Instagram: @jonathantuttle Twitter: @JonathanTuttle.eth Best Ever Book: The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni Click here to know more about our sponsors:  Cash Flow Portal | Equity Multiple | Cornell Capital Holdings | PassiveInvesting.com 

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