Podcasts about ashcroft capital

Joe Fairless, Co-founder of Ashcroft Capital, manages 2.7B dollars in apt communities, founder of the longest-running daily real estate podcast, and has a mantra live to give. Top 3 Value Bombs 1. The key to successfully shift from active to passive wealth is to leverage partnership. Find the right partners that are doing the things that can help you create and grow your wealth. 2. Rethinking time and money starts with how you value your time as much or more than you value your money. You will then be able to flip the script on your processes and be more focused on passive income. 3. Time is the most precious resource we have and as we are actively building our business, it is important to be mindful of the time we are investing into and to also have something working on the side to help us create passive income while were building the active income. Multifamily Investment Firm - Ashcroft Capital Sponsors Northwest Registered Agent - Protect your privacy, build your brand, and set up your business in just 10 clicks in 10 minutes. Visit NorthwestRegisteredAgent.com/fire and start building something amazing. ThriveTime Show - Become the next success story, schedule a free consultation and request tickets to join Football Star, Tim Tebow and President Trump's Son, Eric Trump at Clay Clark's next business conference today at - ThrivetimeShow.com/eofire.

In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Joe Fairless, co-founder of Ashcroft Capital, to discuss his journey from early real estate failures to managing over $2.8 billion in assets. Joe shares the key lessons he's learned, emphasizing the importance of taking ownership of mistakes, maintaining a solution-oriented mindset, and continuously striving for personal growth. He highlights how giving back plays a crucial role in his success, drawing inspiration from Tony Robbins' philosophy on contribution. Joe also reveals his unique perspective on time management, including his personal countdown clock to his 90th birthday, which serves as a daily reminder to maximize every moment.Key Highlights:- Learning from Failure: Mistakes in real estate can provide some of the most valuable lessons.- Taking Ownership: Personal responsibility is key to overcoming challenges and growing as an entrepreneur.- Giving Back: Success is not just about financial gain—it's about contributing to others and making an impact.- Solution-Oriented Thinking: A problem-solving mindset is essential in real estate and business.- Tony Robbins Influence: Joe's philosophy is shaped by the power of contribution and personal development.- Time as a Finite Resource: Joe uses a countdown clock to his 90th birthday to stay focused on what truly matters.- Goal Setting & Core Values: Building a business with strong values ensures long-term success.Joe Fairless' journey is a testament to the power of resilience, accountability, and intentional living. His insights offer invaluable lessons for anyone looking to scale their business, grow personally, and create a meaningful impact. Tune in to this episode of the Know Your Why Podcast to learn how to embrace failure, take control of your success, and maximize your time.Get in touch with Joe:Website: https://ashcroftcapital.com/Instagram: https://www.instagram.com/ashcroftcapital/Facebook: https://www.facebook.com/ashcroftcapital/LinkedIn: https://www.linkedin.com/company/ashcroft-capital-llc/If you want to know more about Dr. Jason Balara and the Know your Why Podcast:⁠⁠https://linktr.ee/jasonbalara⁠⁠  Audio Track:Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.⁠⁠ https://creativecommons.org/licenses/⁠⁠Artist:⁠⁠ http://audionautix.com/

On this episode of The Horizon, host John Chang interviews Joe Fairless, co-founder of Ashcroft Capital, about navigating today's complex commercial real estate landscape. Fairless, who manages over $2.8 billion in assets across 14,000 apartment units, shares insights on finding opportunities amid market distress by cultivating relationships with lenders seeking capable operators for distressed properties. They discuss the record-breaking apartment absorption in late 2023, the decreasing construction pipeline, and how these fundamentals create buying opportunities despite challenging capital raising conditions. Fairless also candidly addresses lessons learned from previous deals and emphasizes the importance of "extreme ownership" when communicating with investors during difficult market periods. Sponsors: Crystal View Capital Capital Gains Tax Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Building Wealth Through Commercial Real Estate Podcast, we sit down with Joe Fairless, Co-founder of Ashcroft Capital, managing over $2.8 billion in assets. Joe is also the creator of the Best Real Estate Investing Advice Ever Show, the longest-running daily real estate podcast, with over 500,000 monthly downloads.Join us as Joe shares valuable insights from his journey, including lessons learned from mistakes made along the way, tips for multifamily syndication, and apartment investing strategies. We also dive into his experiences as a young professional and his passion for giving back through Best Ever Causes, supporting over 76 nonprofits in the past 72 months.Don't miss this inspiring conversation with a seasoned expert in real estate investing!Mistakes Joe has made and lessons learnedMulti-Family SyndicationApartment Investing and SyndicationLessons learned as a single young professionalOccupancy vs Economic OccupancyCONNECT WITH JOE FAIRLESS:Ashcroft Capital WebsiteAshcroft Capital LinkedInAshcroft Capital FacebookThe Best Ever CRE Show Podcast SeriesCONNECT WITH JONATHANTo connect with Jonathan, you can send an email to info@greystonecapgroup.com or schedule a time to chat.To learn more about real estate investment opportunities, join the Greystone Capital Investor Network.Thanks for listening and until next time!

Joe Fairless, Co-Founder of Ashcroft Capital, joins us to discuss the current state of rates and loans, why it's the perfect time to buy multifamily properties, and their business plan in today's market. Connect with Joe at https://ashcroftcapital.com/. To join the DJE Investor list visit https://www.djetexas.com/incomefund. The post The DJE Podcast #273 with Joe Fairless first appeared on DJE Texas Management Group.

My guest today has been involved with over 50 investments as a limited partner and he's going to share his perspective on the monumental changes occurring in multifamily and apartment investing. We'll be discussing the ups and downs apartment investors have experienced over the past four years, the distress in the market, the common denominators of those who have found success, and the greatest opportunity that's available right now. Travis Watts is a multifamily apartment investor, public speaker, and the Director of Investor Development at Ashcroft Capital. He dedicates his time to educating investors in commercial real estate. Find out more: Free 15-Min Call: www.speakwithtravis.com Instagram: https://www.instagram.com/passiveinvestortips Facebook: https://www.facebook.com/passiveinvestortips LinkedIn: https://www.linkedin.com/in/traviswatts1234 Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com Attention real estate investors! Save the date for the Midwest Real Estate Investor Conference, happening April 24-25, 2025, in Grand Rapids, Michigan. This event is the perfect place to connect with fellow investors, gain valuable insights, and elevate your real estate game. With a lineup of expert speakers and numerous networking opportunities, you won't want to miss it. https://www.midwestreiconference.com

I just had a conversation with Joe Fairless that might change how you look at the multifamily market… While everyone's worrying about high interest rates and low deal flow, Joe's seeing a huge opportunity forming in the multifamily space that most people are missing. If you wanna learn what that opportunity is and how to make the most of it (trust me, you do)… Joe is the founder of Ashcroft Capital, a company that manages over $2.8 billion in apartments… And today, he breaks down: Why Class A properties are suddenly offering value-add opportunities How supply and demand dynamics are creating a unique buying window Strategies for raising capital in a challenging market The importance of mindset when dealing with tough times in real estate Plus, he shares some candid insights on how he's navigating the current market challenges at Ashcroft Capital. If you want to understand where the smart money in multifamily might be moving… Tune into this episode now. Take Control, Hunter Thompson Resources mentioned in the episode: Joe Fairless Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Remember when Class B value-add apartments were the go-to strategy for multifamily investors? Well, the real estate market has a funny way of shaking things up. With interest rates spiking and new development changing the landscape, the old rules might not work anymore. I've been noticing a shift in the multifamily world, and today's episode dives right into it. If you're invested in apartments - or thinking about it - you'll want to pay attention to this. I sat down with Travis Watts to get his insights on why they're suddenly shifting to the new Class A properties. Travis is the Director of Investor Relations at Ashcroft Capital, a firm that's acquired over 21,000 units. In our today's episode, he breaks down why the "value-add" game might be changing and how all this new development could actually be creating opportunities for smart investors. We get into the nitty-gritty of: Why newer properties might actually be cheaper to buy right now The hidden advantages of managing Class A buildings How the next couple years could be huge for apartment investors Whether you're a seasoned pro or just getting started in real estate, this podcast episode might change how you look at your next deal. Take Control, Hunter Thompson Resources mentioned in the episode: Travis Watts Website Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Joe Fairless and the Best Ever Conference team would like to invite you to BEC2025 and have provided a discount for Passive Investing from Left Field Listeners.  Please enter "LFI25" at checkout for a discounted price of $795.  You can register at this link:https://besteverconference.regfox.com/bec-2025 In this episode of Passive Investing from Leftfield, we're thrilled to have Joe Fairless, co-founder of Ashcroft Capital, join us. Joe shares his incredible journey from the advertising world to real estate investing, managing over $2.7 billion in assets. Tune in as we discuss navigating market challenges, the importance of vertical integration, and the future of apartment investments. Don't miss Joe's valuable insights and advice for both new and seasoned investors!  Now Next and How to Take Advantage in Multifamily by Joe Fairless PDF:https://drive.google.com/file/d/1bhYwz9Bngnl-09f6gOIV7ukgebdxRwT0/view?usp=sharing   About Joe Fairless  Joe Fairless is the Co-founder of Ashcroft Capital, managing over $2.7 billion in assets. Beyond his role at Ashcroft, Joe created the "Best Real Estate Investing Advice Ever Show," the longest-running daily real estate podcast globally, boasting over 500,000 monthly downloads. Joe is a proud Texas Tech Alumni Advisor Board member for the College of Media and Communication and has been honored as an Outstanding Alumni at Texas Tech University, where he also served as an Adjunct Professor. He actively contributes as a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been inducted into the Junior Achievement's Free Enterprise Society. Joe also volunteers at Crossroads Hospice and was named Multifamily Investor of the Year by Think Realty Magazine. Together with his wife, Joe founded Best Ever Causes, supporting 69 non-profits over the past 65 months. Here are some power takeaways from today's conversation: 01:55 His journey 09:53 Transitioning into multifamily 15:20 “Best Ever” 17:15 Becoming vertically integrated in Ashcroft 19:55 Why is he focusing on certain markets 24:25 Navigating market problems  30:06 Capital call process37:58 Lessons learned from capital calls 45:22 How LPs should view operators who have had some trouble 48:15 Podcast Recommendations 48:25 Contact Joe   This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.         Podcast Recommendations:Jim Rome- https://www.youtube.com/channel/UCTwARLMzm9weYBOqR3LS1jw Resources Mentioned: Contact the guest:Social MediaLinkedIn https://www.linkedin.com/in/joefairless/Website: https://ashcroftcapital.com/ Advertising Partners: Midloch:https://midloch.com/ Left Field Investors:https://www.leftfieldinvestors.com/ Rust Belt Capitalhttps://rustbeltcapital.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/

Joining us on this episode of Living Off Rentals is someone who specializes as a passive investor backing other people's commercial deals. He started with a single-family home and switched to investing as a full-time limited partner. Travis Watts has been a proven leader in the real estate industry since 2009 in multifamily, single-family, and vacation rentals.  Listen and find out if Travis' strategy as a passive investor is still a viable strategy for people today and whether things have changed or not over the last few years. Enjoy the show! Key Takeaways [00:00] Introducing Travis Watts and his background [04:35] Financial independence [06:36] What does it mean to be a limited partner? [17:40] Protecting existing deals [26:33] Two trademark brands under Ashcroft Capital, LLC [32:38] Good lessons to learn in real estate investing [38:00] Diversification [40:29] Connect with Travis Watts Guest Links Website – info.ashcroftcapital.com/traviswatts  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Are you curious about the outlook for multifamily real estate investing in 2024? Do you want to know why now might be the best time to buy apartments?Then tune in to this episode of Financial Freedom with Real Estate Investing, where hosts Michael Blank and Garrett Lynch sit down with special guest Joe Fairless from Ashcroft Capital and the Best Ever Real Estate Show.As a successful real estate investor with a wealth of experience, Joe shares his insights on the current state of the market and the factors that make 2024 a potentially lucrative year for apartment investing.In this episode, you'll learn about the impact of interest rates on real estate investment, the benefits of being a passive investor, and the risks associated with real estate investing and how to mitigate them.Joe also discusses the current supply and demand dynamics in the apartment market, highlighting the window of opportunity for buyers to capitalize on favorable economics and the upcoming shift in the supply-demand balance.Listen in to understand why focusing on A-class properties might be a smart move and how investors can take advantage of the opportunities in the multifamily market while others remain parked in money markets.For full episode show notes visit: https://themichaelblank.com/podcasts/session433/

Joe Fairless co-founded Ashcroft Capital, which has over $2.8 Billion in assets under management, while also creating the Best Real Estate Investing Advice Ever Show podcast, the longest-running daily real estate podcast in the world, with over 500,000 monthly downloads. Learn More About Joe Here: Ashcroft Capital: https://ashcroftcapital.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

Travis Watts is a full-time Limited Partner investor and the Director of Investor Development at Ashcroft Capital. He dedicates his time to educating investors who are looking to be "hands-off" when it comes to real estate investing.Support the Show.https://www.buzzsprout.com/1187780/supporters/newFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama Krishnahttps://calendly.com/rama-krishna/ E-mail: info@ushacapital.comWebsite: www.ushacapital.comRegister for Multifamily AP360 - 2024 Capital Raising virtual conference - https://multifamilyap360.mykajabi.com/capitalRaisingTo find out more about partnering or investing in a multifamily deal: email: info@ushacapital.com

Travis Watts, an experienced full-time passive investor and the Director of Investor Development at Ashcroft Capital, discusses his path from single-family investments to syndications. With over 50 deals since 2015, he shares his expertise and key insights from his new book 'Passive Investor Tips'. Connect with Ben Fraser on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠⁠⁠⁠ Connect with Travis Watts on LinkedIn https://www.linkedin.com/in/traviswatts1234/ Explore our latest investment opportunity in Private Credit: ⁠https://aspenfunds.us/private-credit-fund/⁠ Access our FREE Economic Report: ⁠⁠⁠⁠https://www.investwithaspen.com/free-economic-report⁠⁠⁠⁠ This podcast is sponsored by Aspen Funds which focuses on Private Credit, Industrial Real Estate, and Oil and Gas offerings for accredited investors: ⁠⁠⁠⁠https://aspenfunds.us/⁠⁠⁠⁠ Follow Aspen Funds LinkedIn: ⁠⁠⁠https://www.linkedin.com/company/aspen-funds/⁠⁠⁠ Instagram: ⁠⁠⁠⁠https://www.instagram.com/aspenfunds/⁠⁠⁠

Joe Fairless is the Co-founder of Ashcroft Capital which has over $2,700,000,000 of assets under management. In addition to his work with Ashcroft Capital, Joe created the podcast Best Real Estate Investing Advice Ever Show, which is the longest running daily real estate podcast in the worldJoe is a proud Member of the Texas Tech Alumni Advisor Board for the College of Media and Communication. He has also been recognized as Outstanding Alumni at Texas Tech University where he served as an Adjunct Professor. Joe is currently a Junior Achievement Board Member and Volunteer for the Cincinnati chapter where he was recognized by the Junior Achievement's Free Enterprise Society for his dedication. Joe also volunteers at Crossroads Hospice and in 2018 he was recognized as Multifamily Investor of the Year by Think Realty Magazine. Summary Joe Fairless, co-founder of Ashcroft Capital, shares his journey from single-family homes to multifamily syndication. He discusses the challenges he faced, including a 168-unit property that lost money, and the lessons he learned along the way. Joe emphasizes the importance of having a plan and believing in the operator's ability to execute that plan when considering a capital call. He also provides insights into the current multifamily market, highlighting the upcoming under supply of apartments and the potential for increased demand and valuations in the future. Keywords multifamily syndication, capital call, under supply of apartments, demand dynamics, due diligence, personal development Takeaways Having a plan and believing in the operator's ability to execute the plan are crucial when considering a capital call. The multifamily market is expected to experience an under supply of apartments in the future, leading to increased demand and valuations. When conducting due diligence, it is important to focus on NOI growth to isolate cap compression from the execution of the business plan. Investing in personal development can provide long-term benefits and pay bigger dividends than one-off investments. Taking action and making the decision to make a passive investment can lead to great satisfaction and the desire to start sooner. Titles Taking Action and Making the Decision to Invest Passively The Importance of Having a Plan and Believing in the Operator Sound Bites "Having a plan and believing in the operator's ability to execute the plan." "We're about to have more demand than supply. So in theory, prices will go up, which will help the valuations for any apartment community." "Focus on development of myself and then that will pay bigger dividends than any one-off investment would." Chapters 00:00 - Introduction to Joe Fairless and Ashcroft Capital 06:35 - Transition from Single-Family Homes to Multifamily Syndication 09:02 - Lessons Learned from a Challenging 168-Unit Property 17:01 - Current Portfolio and Capital Calls 25:46 - The Future of the Multifamily Market 32:19 - Navigating Capital Calls and Pause Distributions 35:15 - Due Diligence and Personal Development 37:23 - Investing in Personal Development Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Today, my guest is Travis Watts. Travis is a full time limited partner investor and the director of investor development at Ashcroft Capital.  He dedicates his time to educating investors who are looking to be hands off when it comes to real estate investing. And in just a minute, we're going to speak with Travis about mitigating risk and maximizing returns with portfolio wide insurance. Contact Travis:  Speakwithtravis.com  

Joe Fairless is the Co-founder of Ashcroft Capital which has over $2,800,000,000 of assets under Management. In addition to his responsibilities with Ashcroft Capital, Joe created the podcast, Best Real Estate Investing Advice Ever Show, which is the longest-running daily real estate podcast in the world and generates over 500,000 monthly downloads. Joe is also a proud Member of the Texas Tech Alumni Advisor Board for the College of Media and Communication, as well as being recognized as Outstanding Alumni at Texas Tech University, where he is a former Adjunct Professor. He is currently a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been recognized by the Junior Achievement's Free Enterprise Society. Joe volunteers at Crossroads Hospice and was recognized as Multifamily Investor of the Year by Think Realty Magazine. He and his wife created Best Ever Causes which has proudly supported 76 different non-profits over the last 72 months.   In this episode, we talked to Joe about his transition to multifamily real estate, insights on successes and failures in this market, resilience and mental toughness, his company Ashcroft Capital and how it was founded, where it is today, how to properly work with investors, and much more.   Announcement: Learn about our Apartment Investing Mastermind here.   Business Management;   02:18 Joe's background; 06:09 His transition to multifamily real estate; 12:34 An insight into success and failure in this market; 16:27 Tips on resilience and mental toughness; 19:02 About Ashcroft Capital and where it is today; 35:46 An insight on working with investors; 37:35 Round of insights   Announcement: Download our Sample Deal package here.   Round of Insights   Apparent Failure: His first ever deal. Digital Resource: Boomerang. Most Recommended Book: The Wealthy Gardener. Daily Habit: Drinking a liter of water with wheat grass.. #1 Insight for scaling a business: Correctly identifying the skills needed to succeed in a business, and finding the right partners or team members to fill up the ones where you lack. Best place to grab a bite in Cincinnati, OH: Bones Burgers.   Contact Joe: Website: https://ashcroftcapital.com/    Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Enjoy this conversation with Joe Fairless, co-founder at Ashcroft Capital. In this conversation, Jonathan and Joe discuss Joe's background, current multi family conditions, why the large multifamily asset class is poised to surge, how Joe values every moment, and Joe's biggest lessons from the last few years. Connect with Joe:https://info.ashcroftcapital.com/braxtonClick to text the show! Support the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

As multifamily values continue to plummet, big institutions are jumping back into the game. Companies like Blackrock and KKR have announced plans to invest big in multifamily. In particular, many Class A properties are coming on the market at steep discounts to replacement cost and at prices up to 25% lower than the peak of the market. As the gap between what it costs to own a home and what it costs to rent far exceeds $1,000 per month, coupled with the long-term shortage of rentals over the next several years, the fundamentals for multifamily are strong for the foreseeable future. Travis Watts, Director of Investor Relations at Ashcroft Capital, helps passive investors generate cash flow and has separately invested in many dozens of syndications of his own.

On today's episode of Ritter On Real Estate, We chat with Joe Fairless. Joe Fairless is the Co-founder of Ashcroft Capital which has over $2,800,000,000 of assets under management. In addition to his responsibilities with Ashcroft Capital, Joe created the podcast, Best Real Estate Investing Advice Ever Show, which is the longest-running daily real estate podcast in the world and generates over 500,000 monthly downloads.Joe is also a proud Member of the Texas Tech Alumni Advisor Board for the College of Media and Communication, as well as being recognized as Outstanding Alumni at Texas Tech University, where he is a former Adjunct Professor. He is currently a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been recognized by the Junior Achievement's Free Enterprise Society. Joe volunteers at Crossroads Hospice and was recognized as Multifamily Investor of the Year by Think Realty Magazine. He and his wife created Best Ever Causes which has proudly supported 76 different non-profits over the last 72 months. Welcome, Joe! Key Points From The Conversation:- Why 2024 is a great time to invest in multifamily assets.- Supply and demand, issues with new construction. - Kent's prediction for the future of the market.- Navigating interest rates in deals.- Josh's experience investing as a limited partner. - The importance of being a good operator. Books Mentioned: Breath: The New Science of a Lost Art by James Nestor

Key Takeaways Under promise, over deliver, do a little more than people expect of you. Now is the time to position yourself in front of the next bull run. Small incremental efforts, like making one more call or doing one more rep, can lead to significant long-term success. The current market presents unique opportunities due to increased cap rates and decreased property valuations. Travis's journey from single-family investments to multifamily syndications highlights the benefits of scaling through syndications. Episode Timeline [00:01] – Mike announces the upcoming Multifamily Summit [00:03] – Introduction of Travis Watts from Ashcroft Capital [00:06] – Travis's investment journey from single-family homes to multifamily syndications    [00:11] – Discussion on the current real estate market cycle [00:17] – Potential for wealth redistribution through real estate investing [00:20] – Travis explains the varying conditions in different markets and the importance of staying informed with data [00:25] – Mike emphasizes the importance of efficiency in operations [00:33] – Closing remarks and the importance of diversification in real estate investing Contact Website: https://speakwithtravis.com/

I interview seasoned and extremely successful real estate investor, Joe Fairless. Joe is a client, friend and business partner. He co-founded Ashcroft Capital, a private equity firm focusing on multi-family syndications across the US with over 12000 doors and nearly $3B of assets. We discuss his journey to mega-investor, lessons learned and why he sees the future for multi-family investing is as bright as it has ever been. Joe shares true nuggets of wisdom, come listen and experience this great investor.   Highlights Joe's optimistic view on challenges as growth opportunities. Joe discusses his multifamily real estate journey starting in Texas. Realization of scaling issues with single-family homes. First multifamily investment and the lessons learned from failure. Repairing investor trust by repaying out of pocket. Joe's method of focusing only on strengths. Identifying warning signs in investments. Importance of vetting the operators behind deals. Supply and demand challenges in the current multifamily market. Interest rate predictions and supply considerations for 2024. Benefits of pursuing challenges for personal and professional growth. Ashcroft Capital's current offerings and 2024 outlook.   Links and Resources from this Episode Connect with Gary Pinkerton https://www.paradigmlife.net/ gpinkerton@paradigmlife.net https://garypinkerton.com/ Connect with Joe Fairless https://podcasts.apple.com/us/podcast/best-real-estate-investing-advice-ever/id904025246 https://ashcroftcapital.com/   Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Subscribe with Apple Podcasts Follow on Audible Subscribe with Listen Notes Subscribe with RSS

Let's welcome one of the biggest motivations behind this podcast, Joe Fairless, and he's back on the show for the 1000th episode! Don't miss this remarkable conversation to acquire tons of value about passive investing, and seizing future opportunities in the market. Keep supporting the show to listen to more market experts and their unique strategies!Key Points & Relevant TopicsJoe's takeaways from all his success in business and lifeThe importance of being present for your family and people that matter in your lifeTwo challenges of being a deal operator in syndication and a piece of advice for passive investors chasing opportunities Things to look at when evaluating deals and operatorsWhat investors can expect in terms of housing supply and demand and occupancy rateThe kind of deal Joe wants to avoid and invests inWhat makes a good operatorHow passive investors can take advantage of the upcoming opportunities in the marketJoe's advice for existing passive investors and identifying whether it's worth it to reinvest in a deal or notResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Joe FairlessJoe Fairless is the Co-founder of Ashcroft Capital which has over $2,800,000,000 of assets under management.  In addition to his responsibilities with Ashcroft Capital, Joe created the podcast, Best Real Estate Investing Advice Ever Show, which is the longest-running daily real estate podcast in the world and generates over 500,000 monthly downloads.   Joe is also a proud Member of the Texas Tech Alumni Advisor Board for the College of Media and Communication, as well as being recognized as Outstanding Alumni at Texas Tech University, where he is a former Adjunct Professor.  He is currently a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been recognized by the Junior Achievement's Free Enterprise Society. Joe volunteers at Crossroads Hospice and was recognized as Multifamily Investor of the Year by Think Realty Magazine.  He and his wife created Best Ever Causes which has proudly supported 76 different non-profits over the last 72 months.  Get in Touch with JoeWebsite: https://ashcroftcapital.com/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Gain valuable insights into recession-resistant real estate investments and learn how to strategically navigate the current market dynamics with expert advice from Evan Polaski. Don't miss out on these actionable tips and strategies to enhance your investment portfolio! Connect with him and Axia Partners to explore more opportunities.     Key Takeaways To Listen For Evan's transition from owning a gym to a full-time real estate investor  Key differences in cap rates and financing between retail and multifamily How rising interest rates and debt maturities are creating opportunities  Importance of on-site management in increasing value in RV parks What major benefits do fund structures provide?     Resources/Links Mentioned In This Episode Best Ever Conference Principles by Ray Dalio | Kindle, Hardcover, and Spiral-bound     About Evan Polaski Evan Polaski serves as Managing Director of Investor Relations at Axia Partners (Utah). Polaski served as Managing Director of Investor Relations at Ashcroft Capital. Prior to joining Ashcroft, he spent 9 years investing his own capital in real estate projects. Before that, he took on various roles for a nationwide grocery-anchored shopping center, including investor relations and capital raising for high-net-worth individuals and institutional investors, capital markets securing new acquisition financing, refinance, and credit line facilities. He has been involved in raising nearly $1 billion in capital on the debt and equity sides of real estate. He holds a Bachelor's degree in Business Administration, with a focus in Real Estate, from the University of Cincinnati.     Connect with Evan   Website: Axia Partners LinkedIn: Evan Polaski X: evan@axiapartners.com     Connect With Us If you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/.     Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

Welcome back to Travis Watts! In this special encore episode, we're thrilled to have Travis Watts return to the show, offering invaluable updates and expert insights into the dynamic world of real estate investing. As a key player at Ashcroft Capital and a seasoned investor himself, Travis brings a wealth of knowledge gained from years of experience in the industry. Join us as Travis delves into the current trends shaping the real estate market, discussing everything from emerging opportunities to potential challenges investors may face in the months ahead. Whether you're a seasoned investor or just beginning to explore the world of real estate, Travis provides practical advice and strategies to help you navigate and thrive in today's market landscape. Don't miss this opportunity to gain exclusive insights from one of the industry's leading experts. Tune in to learn how to make informed decisions and maximize your investments in real estate with Travis Watts. MAGIC MIND LINK: ⁠⁠https://magicmind.com/MINDGROWTH20⁠⁠   CODE FOR 20% OFF: MINDGROWTH20 

Join us as we talk with Travis Watts, a seasoned investor and expert in passive income through real estate. He shares his journey from the arts to becoming a leading voice in real estate investment, highlighting his strategic shift from active to passive investments and his role at Ashcroft Capital. Listen to the full episode right here!     Key Takeaways To Listen For Travis' evolution of investment strategy  Current market trends and investment opportunities Why diversification is crucial within real estate Significant tax benefits of real estate investing Expert advice for newbie real estate investors      Resources/Links Mentioned In This Episode Tax-Free Wealth by Tom Wheelwright | Kindle and Paperback     About Travis Watts Travis Watts is a proven leader in the real estate industry, where he's been investing since 2009 in multi-family, single-family, and vacation rentals. He began investing with Ashcroft Capital several years ago and has taken part in more than 30% of the Ashcroft opportunities. After experiencing above-average communication, reporting, deal volume, and performance, Travis expressed interest in joining the Ashcroft Investor Relations Team. Travis also has a background in traditional Wall Street investing and obtained a Series 7 and Series 63 license while working at a major brokerage firm with more than 400 billion in assets. He now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies to help others achieve and maintain wealth in real estate.     Connect with Travis  Website: Ashcroft Capital  Instagram: @passiveinvestortips Facebook: Travis Watts LinkedIn: 

Travis Watts has been investing since 2009, with experience in multifamily, single-family, and vacation rentals. Before becoming the Director of Investor Relations at Ashcroft Capital, Travis was an investor with Ashcroft Capital for several years and has invested in more than 30% of their multifamily syndication opportunities. Travis now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies to help others achieve and maintain wealth in real estate.   In this episode, we talked to Travis about being a full-time passive investor, rule 72, his preference between real estate and stock options, his director role in Ashcroft Capital, insightful tips for general partners, and much more.   Announcement: You can join the Apartment Investing Mastermind here.   Passive Investment;   02:12 Travis' background; 06:58 What's a "full-time passive investor"; 14:26 An insight into Rule 72; 15:53 Real estate vs. stocks; 18:27 About Travis' director role; 22:38 Tips and advice for GP's; 26:38 Round of insights       Announcement: Download a Sample Deal package here.   Round of Insights   Apparent Failure: His latest deal, due to burn-out and lack of due diligence. Digital Resource: LinkedIn. Most Recommended Book: Tax Free Wealth. Daily Habit: Starting the day by doing something healthy, regardless of what that is. #1 Insight for being a full-time passive investor: Knowing that the “I can” attitude is more important than “IQ”. The right mentorship and education are key to having the will to become one. Best place to grab a bite in Central Florida: Town Tavern.   Travis' Book: Passive Investor Tips   Contact Travis: Website: https://ashcroftcapital.com/travis    Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

Join us for a deep dive into real estate investing with Joe Fairless, as we explore how he skyrocketed his multifamily portfolio to $2.7 billion in just 10 years. Discover Joe's tactics for raising over $600 million in funding for his deals, and gain invaluable insights into his strategies, mindset, and path to success in this episode of the Hero Capital Raising Show.Key Takeaways to Listen ForPersonal Integrity: Fairless underscores the value of personal integrity, drawn from a childhood lesson, shaping his business ethos.Authentic Relationships: Mai commends Fairless for his authenticity, highlighting the significance of genuine connections in business.Professional Success: Fairless, co-founder of Ashcroft Capital, boasts a $2.7 billion asset management portfolio and a track record of $600 million in raised capital.Resilience and Learning: Fairless shares a tale of failure, stressing resilience and learning from setbacks in the real estate industry.Effective Marketing: Fairless advocates for face-to-face investor interactions, leveraging community newspapers and podcasts to build trust and attract capital.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches. He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing. He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers. Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedin: Tim MaiYouTube: Tim MaiConnect with UsTo learn more about partnering with us, visit our website at https://javierhinojo.com/ and www.allstatescapitalgroup.com, or send an email to admin@allstateseg.com. Sign up to get our Free Apartment Due Diligence Checklist Template and Multifamily Calculator by visiting https://javierhinojo.com/free-tools/.To join Javier's Mastermind, go to https://javierhinojo.com/mastermind/ and to apply to his BDB Mastermind, see https://javierhinojo.com/mastermind/#apply_form and answer the form.

Welcome to another thrilling episode of Passive Income Pilots, where we navigate the high-flying world of passive income opportunities. Today, we're joined by Joe Fairless, a titan in real estate investment and co-founder of Ashcroft Capital. Joe is renowned for his groundbreaking "Best Ever" conference, which is exactly where our hosts first crossed paths. In this episode, Joe shares his expert insights on how strategic networking can transform real estate investments into massive wealth. Buckle up as we dive into a conversation that's all about elevating your investment game through powerful connections.Timestamped Show Notes:(00:00:20) Introduction and overview of the episode.(00:04:10) Introduction of Joe Fairless and his background in real estate.(00:05:40) Importance of networking in building wealth through real estate connections.(00:10:20) Strategies for identifying lucrative real estate opportunities.(00:15:30) Value-add strategies and examples of successful projects.(00:20:20) Discussion on managing risks and ensuring consistent returns in real estate.(00:25:20) Advice for aspiring real estate investors and the importance of education.(00:30:10) Insights into future trends and emerging opportunities in real estate.(00:35:20) Q&A session with Joe addressing audience questions.(00:40:20) Recap of key takeaways and final thoughts from Joe.The Best Ever ShowBest Ever Conference Ashcroft CapitalRyan's 40th Party PictureRemember to subscribe for more insights at PassiveIncomePilots.com!Join our growing community on FacebookCheck us out on Instagram @PassiveIncomePilotsFollow us on X @IncomePilotsGet our updates on LinkedInHave questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!

Can you imagine saving almost everything you earn and living like a college student for several years just to buy your first home? And then, house hacking your way into more savings so you can invest in real estate? It's the kind of challenge that some of the most successful real estate investors have accepted, including today's guest, Joe Fairless. He began with a humble start that mushroomed into success over the last ten years. Joe is the Co-founder of Ashcroft Capital with over $2,700,000,000 of assets under management. He is also the host of the Best Real Estate Investing Advice Ever Podcast and the author of  Best Ever Apartment Syndication Book. He and his lovely wife also created Best Ever Causes which has proudly supported 69 different non-profits over the last 65 months. You'll hear his amazing story in this interview along with some lessons that he learned along the way that can save you a lot of time and expense! He also talks about the multi-family market, which is his preferred asset class, and why owning multi-family now could be very profitable in a couple of years.  If you'd like to find out more about single-family rentals and how they can provide long-term wealth, check in with us at realwealthshow.com. Sign up for a free membership, check out our market data, and go to the live events tab for information on our RealWealth Investor Summit this May 4th in San Francisco. We are looking forward to a full house of inspired investors during the showcase and a cocktail party in the evening. You can get tickets at our website. I hope to see you there! Thanks for joining me for this episode of The Real Wealth Show! Please hit the subscribe button so you don't miss any of our episodes! Kathy Fettke

In this Topical Tuesday's episode, I spoke with Travis Watts who is a full-time investor, passive income advocate, public speaker, and the Director of Investor Development at Ashcroft Capital. He dedicates his time to educating investors who are looking to be "hands-off" when it comes to real estate investing. Be sure to tune in if you're interested in learning about: His key trends for passive investors to watch during 2024 How he thinks about portfolio allocation, and whether this should change, given where we're at in the market cycle How to compare risks and returns in multifamily investing now, compared to two years ago What his "buy box" looks like for multifamily investing right now To your success, Tyler Lyons Resources mentioned in the episode: Travis Watts LinkedIn Book a Call Instagram Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group

Today, in the final episode of our year-end Best of 2023 series, we'll feature the best of the co-founder of Ashcroft Capital — also the founder of Best Ever CRE and the creator of the Best Real Estate Investing Advice Ever Show — the one and only, Joe Fairless. From the Best Ever Conference, to the Best Ever book club, to the Cincinnati meetup, to the podcast itself, Joe has shared a tremendous amount of knowledge and experience with the Best Ever community in 2023.  In this episode, Joe relives his worst-ever deal, looks back on his biggest mistakes, and shares some key takeaways from the books he's read in 2023.   You can listen to the full episodes of each show below.​​  Also, click here to join the Best Ever Book Club, and if you want to secure 15% off your Best Ever Conference ticket, click here and use the promo code BEC2024.   BEC Exclusive: Fireside Chat ft. Joe Fairless, Part I BEC Exclusive: Fireside Chat ft. Joe Fairless, Part II Joe Fairless and Ash Patel Share Their 4 Biggest Mistakes as Investors  Best Ever Book Club — The Wealthy Gardner by John Soforic Best Ever Book Club — The Catalyst by Jonah Berger   Sponsors BAM Capital  

Fresh out of college, in debt, and living in New York City, Joe Fairless wasn't in the optimal spot to start investing in real estate. But he found a deal in Texas that made sense, went for it, and hasn't looked back. Adam Schroeder and Zach Lemaster talk with Joe, co-founder of Ashcroft Capital, about his mindset when he invests out of state, what he's looking for when he's searching for a deal, the extremely important lesson he learned buying his first multifamily, and much more. Website: www.BestEverConference.com RTR Active Inventory Join the RTR Academy and jumpstart your real estate journey! ***If you have any questions you'd like answered on the show, please email podcast@renttoretirement.com and we'll answer it on a future episode!***

Fresh out of college, in debt, and living in New York City, Joe Fairless wasn't in the optimal spot to start investing in real estate. But he found a deal in Texas that made sense, went for it, and hasn't looked back. Adam Schroeder and Zach Lemaster talk with Joe, co-founder of Ashcroft Capital, about his mindset when he invests out of state, what he's looking for when he's searching for a deal, the extremely important lesson he learned buying his first multifamily, and much more. Website: www.BestEverConference.com RTR Active Inventory Join the RTR Academy and jumpstart your real estate journey! ***If you have any questions you'd like answered on the show, please email podcast@renttoretirement.com and we'll answer it on a future episode!***

Joe Fairless, founder of the Best Ever brand, and co-founder of Ashcroft Capital sits with Jonathan and Mike McManus at a live event to discuss scaling. We discuss goal setting, finding a partner, hiring, when enough is enough, and finding life/ work balance. Ashcroft Capital owns $2.7B in Multifamily assets. Joe is the founder of the Best Real Estate Investing Advise Ever Podcast, which now has over 3000 published episodes and is also the founder of the Best Ever Real Estate Investing Conference. Connect with Joe:https://ashcroftcapital.com/Other links mentioned:Mike McManus and The Surgeon Syndicate Podcast:https://surgeonsyndicate.podbean.com/Support the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Travis Watts is a full-time investor, passive income advocate, public speaker, and the Director of Investor Education at Ashcroft Capital. He dedicates his time to educating investors who are looking to be "hands-off" when it comes to real estate investing. Travis was awarded the Linda's Legacy Industry Impact Award in 2022.Connect with Travis:Travis at AshcroftCall with Travis: www.calendly.com/traviswatts Instagram: https://www.instagram.com/passiveinvestortipsFacebook: https://www.facebook.com/passiveinvestortipsLinkedIn: https://www.linkedin.com/in/traviswatts1234YouTube: https://www.youtube.com/playlistlist=PLCYnr_mB0XK1JDQNEQpuAK70LcoT4DzZQSupport the podcast by making a monthly donation through Patreon. When you contribute, you'll get access to bonus content not available anywhere else. If you enjoyed this episode, you would probably enjoy reading my weekly newsletter. Every Friday, you'll get a behind the scenes look at my investing, including current events in commercial real estate, deals I'm working on, and random personal things going on in my life. It's a super quick read and you can unsubscribe anytime. - Jonathan Subscribe to the newsletter here: www.thesourcecre.com/newsletterEmail Jonathan with comments or suggestions:podcast@thesourcecre.comOr visit the webpage:www.thesourcecre.com*Some or all of the show notes may have been generated using AI tools.

Travis Watts is the director of investor education at Ashcroft Capital and a multi-family apartment investor. He has been investing in real estate since 2009 in multi-family, single-family, and vacation rentals. Mr. Watts dedicates his time to educating others who are looking to be more "hands-off" in Real Estate.   In this episode, we talked about: Travis's Bio & Background Passive vs Active Investing Transition Into a Full-Time Passive Investing Deal Vetting Geography of Deals Finding Real Estate Deals Investment Philosophy   Useful links: https://info.ashcroftcapital.com/travis Transcriptions: Jesse (0s): Welcome to the working capital real estate podcast. My name's Jessica Galley And. on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. My name's Jesse Rega and you're listening to working capital. My guest today is Travis Watts. Travis is a full-time investor, Passive income advocate, public speaker, and the director of investor education at Ashcroft Ashcroft Capital.   He dedicates his time to educating investors who are looking to be when it comes to real estate investing. Travis, welcome back.   Travis (42s): Hey, Jesse. So glad to be here. Thanks for the invite back.   Jesse (45s): Not a problem at all. It's great to see you again. We've chatted before on working capital for those listeners that wanna see the, that first conversation, I was pretty wide ranged in terms of the topics, but you know, like most returning guests we have on a lot has happened over the last couple years. So we thought we'd kind of have you back on, talk about what you're doing currently and your take on on where we're currently at in the real estate cycle. So before we kick it off, for those that didn't hear the first episode, maybe you could give a little bit of a background for listeners to what you do and how you got into, into the world of real estate.   Travis (1m 25s): Sure, yeah, happy to. So humble beginnings, you know, wasn't raised by an investor minded family, not a real estate background at all, but reading some of the books a lot of us have read. The Rich Dad Poor Dad type stuff, kind of was my gateway drug into learning about Passive income and financial freedom, things like that. So, started out with single family homes, did flips, did vacation rentals, you know, had roommates, just was trying to pull every string I could early on with a low budget on how I could make more money. And then I kind of shied away from doing as much of the buy low sell high strategy.   And I really started to hone in on Passive income. So in recent years I've been a full-time limited partner, mostly in multifamily, private placements with many different operators, of course, Ashcroft Capital and Joe Fearless as well. And you know, I'm just a guy who, you know, came from nothing in terms of, you know, being handed anything or, or again, coming from a family of this. And once I realized what Passive income did in my own life and how it can truly free up your time, how it can give you more options in your life, it was a complete game changer.   And so I dedicated the rest of my time from that point to trying to help others, trying to explain this, simplify it. So I've launched a couple different podcasts over the years. Passive Investor Tips is my current one under the best ever brand. And I just make these short episodes five to seven minutes. I try to consolidate as much as I can into quick snippets to help people. And then I'm on podcasts like yours and I'm writing and blogging out there, and I just wanna open up an underserved niche, which is a private placement Investing, and B, not many people talking about Passive income.   So that's what my passion is, that's a quick background and that's what I do to, to help others.   Jesse (3m 11s): That's great. And for those that if you've been kind of under a rock in terms of real estate investing, Joe Fearless website, I mean you just Google it, you'll see a number of resources from him. He kind of wrote what's known in our circles as like the Bible of multifamily. It's a massive book on Investing. In terms of the, the Passive nature, I always find this kind of fascinating from the standpoint that people go into real estate a lot of times because they expect it to be a Passive investment. And what one person's definition of Passive is very different than another person.   So maybe just from, you know, 30,000 feet on Passive Investing, what do you consider Passive and where do you see people kind of mixing in, you know, what we would consider really an operator as opposed to a purely Passive investor?   Travis (3m 59s): Yeah, I think you hit on a great point. As I mentioned, I started with single family homes, don don't know. If I was so focused on whether it was gonna be active or Passive, that really wasn't my concern at that time. But as many hope it, you know, to be Passive, when you start acquiring that property, 5, 6, 7, 8, you start to realize you kind of gotta make a decision at some point. Are you going to be, you know, a real estate professional, maybe a, you know, a full-time landlord, or are you gonna work a career, you know, and then have investments on the side? And that was kind of the threshold I hit because I used to work in oil and gas, a hundred hour work weeks, 14 hour days, and I'm trying to do all this real estate on the side and scale it up with, you know, one or two properties a year.   And I just completely, you know, hit that threshold in about six and a half years. And I'm like, man, this is not for me anyway, this was not scalable, even with property management companies, I was still having to make a lot of active decisions. First of all, finding the properties, underwriting 'em, showing up to closings, understanding the markets and how they shift and how they change. And then, you know, making decisions. Do I repair that roof? Do I replace that roof? Do I paint the house? Do I refinance right now? So you, you can't help but say there's a, there, there's a lot of active components to owning, you know, your own individual real estate.   So my definition to answer your question about what is Passive, this could pertain to real estate or any other asset or business. If you do not materially participate in the actual business itself, then you would be Passive as an investor in it. So it could be as simple as owning some stocks. Maybe you own Apple or Microsoft stock. That doesn't mean you're active with the company, it doesn't mean you work for the company. You, you just wanna be a Passive investor. You just wanna share in the profits and let the team do their thing.   And so that's what I found to be the best strategy as you start to acquire more and more capital to free up your time so that you can spend your active time on what it is you wanna do. And there's nothing wrong with being active in Real, Estate or being a general partner or flipping houses or being a wholesaler, if that's what you like to do, if that's truly your skillset, your passion, your desire, nothing wrong with that. But for me, owning my own real estate was really a pain point. It was really a headache, it was really a hassle. I didn't have the skillset, I didn't have the background, I couldn't compete with the people that were 20, 30 years into it.   And, and me being this naive newbie that kind of hit a, a market dip at the right time.   Jesse (6m 24s): I think the, the nature of the, the conversation of Passive versus active too, it, it, in a lot of ways it can hinder or really stop progress in Investing in general. A lot of times people get a few investment properties and they get kind of a stale taste in their mouth after a couple bad experiences. you know, even for people that have been successful, oftentimes maybe it's moving to multifamily where you can make a, a re a real argument that it's less stressful having a hundred tenants than it is having two tenants in, in a lot of ways in, in that you're dealing with a lot of emotional one-on-one conversations.   You don't have enough to necessitate prop property management or asset management. And then you have a lot of times in those cases, a hundred percent vacancy when somebody leaves. So, you know, there is that argument. But to get to that scaled place, oftentimes you, you deal with a lot of this and I think a lot of investors bow out after a few bad experiences on the operating end.   Travis (7m 22s): That's a great point. And statistically, what is it, three failures for the average person, they call it quits, right? And so it doesn't take much to get there when you're doing your own properties. you know, I had properties where I was cash flow and a few hundred bucks a month, and all of a sudden, you know, the, the H V A C system goes out and there's 5,000 outta your pocket, there went a whole year of cash flow or you know, tenant quits paying rent. That's the obvious one. I've had tenants destroy properties. I'm not trying to make horror stories out of it. I, I made, you know, great money too in my active deals.   But it really is, it takes a lot of perseverance, let's just put it that way and time.   Jesse (7m 59s): A hundred percent. And I think you've touched on something too where your definition is not material materially participating in the active business or the, the operations of the business. And you know, oftentimes depending on the country or state, there's legal definitions, you know, in terms of limited partner that you cannot participate or you lose your, your limited liability status. So it's not necessarily just a, you know, a a definition, just have a definition. Oftentimes there is a, there's kind of a legal structure in place and those definitions are important.   Travis (8m 30s): A hundred percent man. Yeah, it's just my Philosophy was kind of, if I can't beat 'em, join 'em, I guess, you know, there's always gonna be people that are, are better than you at any particular thing. So it's just why not profit share with them in their journey. And so, yeah, made a lot of sense in my case. Anyway.   Jesse (8m 47s): So for those that, you know, say they've been Investing in Real, Estate just on, you know, your typical active end, whether it's smaller, single family commercial or, or you know, multi res, how do, how have you seen people make that transition or, or foray into Passive Investing? Because a lot of times we see is people that have earned a decent amount of income where they can put 50 or a hundred thousand, 150, whatever the minimum is, say, for a certain fund or asset into a Passive investment.   What, what's that transition or what does that process look like for your clients?   Travis (9m 24s): Well, the first thing I'd point out is there's not many people that are like myself and a few others here in the industry that are literally full-time Passive investors. Meaning that every investment I have, I'm an lp, I've, I've never been a gp, I'm not looking to become one. That kind of thing. Most of our clients are what, what we're talking about here, it's the, it's the typical story that they bought a property themselves, maybe two, maybe three. They like 'em, there's pros and cons, they understand that, but they also know that if they had 20 of those, they don't want that.   And so I use my dad as a good example. He got up to eight properties on his own single family and decided I wanna retire and I don't want to have 20 properties. I I like my eight and they're paid off and it's all good. But he, he transitioned at that point into becoming a limited partner in syndications. And now it's a, it's a limitless opportunity. Anytime he has liquidity or a sale or refinance or whatever, he can just do another syndication investment. And another, and another, and another. I'll tell you, it's not much harder to have, you know, two syndication deals under your belt as an LP versus say 50 of them.   It's, it's still very Passive if you choose to make it that way.   Jesse (10m 35s): So in terms of the Vetting or the questions that you're typically asking when you're getting into a Passive deal, 'cause often people will say, well, okay, if you grant the fact that we're gonna trust people, operators that are smarter than us know what they're doing, you also have to, you know, know how to vet them. So what's your approach to that?   Travis (10m 54s): Yeah, I do. I'll answer that absolutely. But I want to point out that the foundation to this answer is one of the best things about being a limited partner is no matter where you live in the world, you can invest wherever you want. Okay? So like back when I had all these properties, single family all in Colorado, I lived in Colorado and I started to get scared about natural disaster risk or political risk. What if Colorado says, Hey, we got a 10% state income tax, now all of a sudden All, right? People are gonna move out in droves.   I'm gonna have a hundred percent of my portfolio right there in the heat of it. And so I never want that. And it's a beautiful thing to be able to, to spread out. Now what I do in my approach is I start with my goals first, and I recommend people do that. So what is your actual long-term goal? It doesn't have to be the complete end goal, but maybe a five year goal, maybe a 10 year goal. Are you looking to build up more Passive income to create a backstop for your active income or maybe to retire? Or do you want a certain amount of net worth?   Maybe you want $2 million net worth by the time you retire, whatever it is, I start there and then I start looking at what types of investments could potentially move me towards those goals. And so what I like is kind of a, a 50 50 hybrid, I'm gonna put my money in something that pays me on a monthly basis. So there's my Passive income, but also has the potential for equity upside if we buy low and sell high, I still like that strategy. I just don't do it full-time. There's no investment that I've ever made, well, not ever recently made where it's just solely buy low, sell high with zero cash flow.   But that just fits my risk profile, my goals and objectives. That doesn't mean it's right for anybody listening to this episode. So first, identify what it is you're trying to do. Try not to just make a number goal, like 10,000 a month Passive income. Ask yourself the real why questions, why do you want 10,000 a month Passive income? What would that mean for you? What would you do with the money? Put your kids through college, retire early, quit your job, vacation more. You gotta really know what you're after. And you gotta put some emotional thought towards that because I can tell you firsthand, if you just say 10,000 a month Passive income and you get up to seven and we have a nasty recession and, and you start going downhill, you're very likely to give up on that goal and just settle for less and say, well, maybe, maybe I'm, my goal is now six and and I'll settle on that.   So you gotta tie it to like, I'll fail my kids if I don't put 'em through college, you know, if I don't meet this goal and then you're not gonna give up on your family. So that's a little piece of advice. Now for the technicals to your question, I look for a solid track record. I look for reputable groups. you know, I started Investing with Ashcroft years before I came on board to, to help 'em out with investor relations and education and all that kind of stuff. I wanted more of a transparent, you know, look into the company so to speak, so that I knew where I was placing my money and I could learn the business that way.   And then, you know, just conservative underwriting, conservative projections, you gotta start to learn your criteria. You mentioned Joe's book earlier, the best ever apartment syndication book. It's about 400 pages, but it can help you identify your criteria. Do you like value add business plans? Do you like new development? you know, do you like core assets or core plus or opportunistic? There's a lot of jargon to learn in this industry, but for me, I like Sunbelt markets right now. And for the last, you know, seven years or so, it's where people are moving, it's where companies are relocating to.   But with that in mind, markets change. you know, we just saw Phoenix go through kind of a big boom and a little bit of a bust right now, so there's opportunistic times to get in and out. And so it's just kind of like writing down your criteria once you understand it and can identify with it. And then just trying to check off as many boxes as you can. And I rarely get a hundred percent of my criteria met on any given deal, but if I can get 70 to 80% there, then I feel good about moving forward with that particular group.   Jesse (14m 48s): Yeah, and it's, it's kind of, it's cool that you, you mentioned the geographic diver diversification, where I find with Passive investments, especially on the, if you're on the LP side, you can really spread yourself or di diversify yourself, whether it's like you said geographically or it's the, the type, you know, maybe you're doing value add in this area, you're doing a buy and hold in this area. In terms of the initial kind of outreach and basically finding the investors that you want to invest with are, are you typically networking in your home state or is it something where you, you know, you, you talk to somebody like yourself and it's, you know, maybe word of mouth in terms of finding these operators.   How do you, how do you typically go about that? Especially for somebody that's kind of breaking into Investing or is moving from operating some rental properties to somebody who's gonna take Passive Investing on the LP side more seriously?   Travis (15m 42s): That's a great question and I'm a big believer in, you know, your network is your net worth. And I started with just simple, easy, low hanging fruit sources, like getting on Google and typing in, you know, syndication groups and making phone calls. And then it led to local real estate meetup groups and trying to meet people face to face, which gave me such a better indication of who these people were and what they were doing. And then I just started branching out more and more from there. I would go tour properties with different groups and then I would do national conferences and now I speak at national conferences.   So it's kind of a win-win because I'm there to, you know, help educate on this topic, but I'm also there to network and learn. And I'd say I've found about 60%, maybe even 70% of all the operators that I've ever worked with through face-to-face contact. So the more you can get out there and the more you can network, the better off you'll be. And another key, if you want to kind of just get right to the point and circumvent some time is find other people. I've always been a big believer in this, find people doing what it is you wanna do and just make them your mentor Whether, you have to pay them Whether, you just have a quick 15 minute call, maybe once a month.   Pick their brain. Who are you Investing with? What, you know, how, what's your experience been? you know, who would you recommend? Testimonials go a long way in this industry and if I can get, you know, five, six testimonials lined up for a particular group and they all happen to be positive and you know, they got the track record and all the rest, I'll probably invest with them.   Jesse (17m 12s): Do you make a, any distinction in terms of Investing with an operator that invest in asset specific deals as opposed to creating funds? you know, are you agnostic or do you prefer one over the other?   Travis (17m 25s): It's funny, if you listen to some of my earlier content, when I first started doing podcasting and speaking, I had the opposite point of view. And the, the parallel I'll draw for your audience is it's kind of like imagine the stock market, okay? You can either go handpick stocks you think are gonna do great and outperform, or you can just buy the s and p 500 index or some other equivalent index, right? So at first I'm thinking, hey, I know how this works and I can, I can pick a good deal and then come to find out that three or four of those didn't do so hot, right? I didn't lose money thankfully, but they certainly didn't hit the projections that we were all hoping for.   And so I became more of a fan over time into the fund model, even before Ashcroft moved into the funds, I had no idea they were gonna make that transition. But it gives you broader diversification, right? You can still put in that minimum investment or that 50 K, but now you could be invested in four different properties and not just have to pick one. And then you're outta capital and you just have to hope and pray that that deal works out. It's not always the fault of the operator. It could be, you know, again, natural disaster risk, the it, there could be a, a fire, there could be a flood, there could be a hurricane, a tornado, a blizzard, snowstorm, who knows.   So I don't like to put too much into any one deal. I don't care if it's a fund or an individual deal, but, you know, at the end of the day I still do both. I do mostly funds nowadays if, if anyone caress to know that. But it's a personal preference.   Jesse (18m 49s): Okay, fair enough. And now we've talked a little bit about the last year or two. Been unprecedented, unprecedented time, lots of ch lots has changed. I, I want to get your take on if your Investment Philosophy has changed or, or you've pivoted within the last few years as a result of the kind of, you know, you wouldn't call it your typical business cycle. We've been forced into certain things and other things have been put on hold. So I guess generally speaking, since the last time we spoke, has there been any light bulb moments or things that you've changed?   you know, in terms of the investments?   Travis (19m 24s): You know, I'll, I'll start by sharing this. My general Philosophy is that I'm a dollar cost averaging guy because I love real estate and I intend to be in it for the long haul and I don't try to pretend to be able to time markets. I remember talking to syndicators one in particular that's very experienced 20 plus year track record in 2015. I'm like, please put me on your deal list. I wanna see what you're doing, I'd like to participate with you. And he's like, Travis, we're gonna have the biggest meltdown you've ever seen in your life in 2016. I, I expect everything to implode and just blow up.   And it kind of freaked me out. But again, that wasn't my belief or Philosophy, so I'm like, All, right? I'll do a little bit of Investing. Now maybe that happens, maybe not, and it didn't, right? So thankfully those deals did exceptionally well. And the thing is, what we're seeing right now is that, you know, the Fed went historically aggressive with interest rates through 22 and continues here in 23. That is a negative correlation to the pricing of real estate. you know, especially in commercial. 'cause commercial has shorter debt terms compared to single family folks with 30 year terms, things like that.   So what we're seeing as a result is, is anywhere between a 20 and maybe a 25% price discount relative to previous pricings or a cap rate reversion from maybe a four cap to a five cap, or a five and a half cap or something like that. So all it really means is right now is an opportunity to kind of buy the dip again, back to the dollar cost averaging Philosophy. So it's the same thing for the folks that buy into the Philosophy of buy the s and p 500 index and sometimes the market's up and sometimes the market's down, and you're gonna get kind of that average cost over the long haul.   That's my Philosophy as well. So I don't know, is it gonna get worse or go further? Maybe, maybe not, but at least we're getting 20, 25% off right now, which was the same opportunity that you had if you were a stock investor in 22 when the market had declined 20 to 25% at whatever point that was October of last year. So, and again, will the stock market retest that and go back down, don don't know, but at least you know that it's, you know, historically making all time highs every, you know, so often or whatnot, and you just have to factor in being an investor that there's market cycles, you know, every 10 years or so we're gonna go through a pullback.   It's just what happens. So if you're not comfortable with that, it, it may not be a suitable investment.   Jesse (21m 48s): Yeah, I think we've talked a quite a bit about this lately in terms of, you know, the buying at the bottom is, it's pretty much impossible. You're, you look for indicators and I think we are entering a phase where we're gonna look five, four or five years from now, we're gonna look that this is somewhat of the beginning of the end in terms of the low point in the cycle and where the buying opportunities might be from now for the next two years. Who really knows. But like you're saying, if you're, if you're incrementally buying during that period, then you look back four or five years and that you dollar cost at average because you bought through the, through, you know, what you call the dip.   And that's really all you can, you can do, you know, don don't think anybody on this podcast or certainly myself is gonna just have more knowledge than anybody else and be able to buy at the perfect time and then, you know, reap the benefits of that. There's   Travis (22m 36s): A lot of opportunity costs to consider. And I look at that too when I'm Vetting deals and I'm looking at cash flow, I'm not that guy that says a anymore. Let me be clear. I was this guy in the beginning to say, Hey, this deal says 8% cash flow and this deal says 6% cash flow, I'm gonna go with the eight. You have to factor in different things. Like, you know, do they pay monthly? Do they pay quarterly? When did the distribution start? And you'll see in the structuring sometimes that, hey, we're gonna pay you 8%, but it's gonna be six months before we start distributions.   Well guess what? It's now a 4% return. Right? Yeah. Or, or the thought of like, oh, I think the market's going to implode and sorry, my son's knocking on my door over here. Yeah, no problem. The market's gonna implode, so I'm gonna sit on the sidelines for two or three years and wait it out. Well, it, we may to your point, be very well nearing out a bottom and it's going up from here. Who knows?   Jesse (23m 27s): Yeah, I think it's just, it's one of those things where you, you get, you educate yourself, at least for me, I like looking at the history of, of the cycles in our industry and you look for the certain indicators and then you're as prudent as you possibly can be. I think one thing that you mentioned when you said natural disasters is, you know, the way I look at even the lockdown, so we had somewhat of a natural disaster in, in the form of, you know, something pretty, pretty horrifying globally. And I think the, the way that we deal with that going forward I think may be a little bit different in terms of our underwriting.   So to the que back to the question on if the Philosophy has changed, we've looked at a lot of investors that somewhat a a lot of them through no fault of their own, are now having to do capital calls depending if, if you were a value add business. And during that, the period over the last couple years, you know, you didn't have fixed rate debt where you had to go back to your investors. What, what are your thoughts on, you know, let's, let's take it from the perspective as of an lp. you know, you have investors that are ask asking for a, I guess in this case, a cash in refinance, asking investors to commit larger capital to certain deals.   Do you have an opinion on, you know, what, what is adequate or what reasons you would say do that? And what reasons you would say, you know, avoid that?   Travis (24m 47s): Yeah, I think generally speaking, no syndication group wants to have a capital call ever. And, and you certainly don't want that on your track record. And now that becomes kind of a question that you know, investors are going to ask every year moving forward for the rest of your career. Have you ever done a capital call and why and how and what happened? So no one wants to deal with that. So what happens is, you know, interest rates were what, you know, 3% loans is what a lot of people were getting and now they're what, 7% loans. So that's just a crazy debacle, right?   So it can, it can suck all the cash flow out of these properties. So you do a, either a capital call and say, give us more money so we can restructure this debt and save the deal and keep moving forward. Or you could pause distributions and say, you know, we're gonna save up some cash reserves here so that we can restructure our debt or buy another interest rate cap or something like that. Or if you're completely nearing the end of the, the deal as in, you know, you finished renovating it and the value add business plan, there may be enough equity to go ahead and exit it profitably and just give investors some kind of equity return, but just maybe not what you originally projected.   But then again, that goes on your permanent track record. It's like, why did that deal only do 10% and all your other deals did 20%, you know, i r r So you gotta answer to that. So these are really tough questions and what I've seen in my own portfolio, because I'm I'm invested among a lot of different operators, again, is mostly it's been pause distributions in my particular case, which if I were a general partner and we could pull it off using that strategy, that's what, that's what I would do personally. But it all depends when your debt's coming up and, and how much, what nobody anticipated Jesse and everybody listening is that these, a lot of people had this floating rate debt, but then they thought, okay, we'll be conservative and we'll buy a two year interest rate cap at 200 basis points above our loan as a worst case scenario.   And if you go back and you actually look at what people were, the economists were forecasting for interest rates, it was nowhere near what actually happened. So who could have really known, right, it's kind of a crappy situation, but what no one knew is on one of these properties, maybe you bought that interest rate cap for a hundred thousand dollars for two years, well now it's trading at a million dollars. you know, so now the lender's like, hey, we need enough escrows here, you know, to cover a, a million dollar repurchase of another cap.   And that's what caught so many operators off guard. And so how do you come up with a million dollars on the spot if it's not just sitting in the account? In most cases it's not just doing that. So again, capital call, pausing distributions, doing some kind of other injection of capital or, or selling the property. I mean, are are your options?   Jesse (27m 35s): Yeah, fair enough. Not, not too many, you know, not too many good options, but I think you deal with the situations as they come and, you know, we've talked about this with a couple podcasts ago and that you just wanna make sure that if your investors are asking for a capital call, that you're very clear on what they're doing with this, this cash and that there's, there's a clear plan as to what's going on here. Is it just to break even or is it, you know, we're gonna get out of this and this is, you know, this is the roadmap.   Travis (28m 4s): Yep. A hundred percent tough call. I don't envy gps. But again, I mean, you, you could, the investors that may be upset by it, which I mean, to be honest, who's not upset by pause distributions. I mean, I'm a person that lives on cashflow and, you know, probably seven of my deals are paused. That's not a a, a favorable thing. But you gotta put it in perspective because, you know, I own some REITs, some real estate investment trust in my brokerage account and they're sitting at 30, 35% loss right now. So, you know, you gotta, or or they've slashed their dividend in half or whatever's happened.   So it's not like anybody's immune when the Federal Reserve brings interest rates up more than double, the economy is impacted. And the scary part is it's a delayed effect. And, and the fact that they went so fast and so quick last year especially, we haven't seen the full repercussions in my opinion. And we're just starting to see them as these commercial deals come up for renewing their debt. And so there's gonna be some distress, but I don't think it'll be anything like a 2008 kind of crisis.   It's just going to be a setback and who knows how long it lasts a year or two years. But eventually you and I know, and hopefully your listeners know, there's such a, a, a lack of affordable housing for people in America by, by the tune of millions. And even though we're getting new inventory coming to market, we are still millions behind and there's such strong demand for this asset class. So it's all in kind of how you can structure your, your deals right now.   Jesse (29m 38s): Yep. That makes sense. We could talk for another half hour just on the opportunities and outlook right now. I wanna be mindful of the times. So Travis for individuals that you wanna get in contact with you or have any questions regarding real estate investing, Passive, Investing, where can we send them?   Travis (29m 56s): Yeah, so for everybody out there, don, don't care if you're brand new. I don't care if you're accredited or not, or you're 70 years old or you're 18, you can go Ashcroft capital.com/ Travis and jump on my calendar. I'm happy to have a, a 15 minute call, no obligation, no upsell, and just help you out, point you in the right direction or provide any resources that I can to help you.   Jesse (30m 19s): My guest today has been Travis Watts, Travis, thanks for being part of working capital.   Travis (30m 24s): Thanks Jesse. Thanks everyone.   Jesse (30m 25s): Thank you so much for listening to Working Capital. The Real, Estate Podcast. I'm your host, Jesse Fragale. If you like the episode, head on to iTunes and leave us a five star review and share on social media. It really helps us out. If you have any questions, feel free to reach out to me on Instagram. Jesse Fragale, F R A G A L E. Have a good one. Take care.  

Welcome Joe Fairless to the podcast! Joe is the Co-founder of Ashcroft Capital which has over $2,700,000,000 of assets under management. In addition to his responsibilities with Ashcroft Capital, Joe created the podcast, Best Real Estate Investing Advice Ever Show, which is the longest-running daily real estate podcast in the world and generates over 500,000 monthly downloads. Today, Joe and I talk about how to build your team and how to hire right. We discuss the idea of "doing more of what you should do and less of what you shouldn't do." Joe has been a mentor of mine in the real estate investing space for many years now. It is an honor to have him on the podcast! Don't miss it! Connect with Joe: Website: https://ashcroftcapital.com Podcast: https://podcasts.apple.com/us/podcast/best-real-estate-investing-advice-ever/id904025246 LinkedIn: https://www.linkedin.com/in/joefairless/ Connect with Lee: Website: ⁠THREEFOLD - Real Estate Investing (threefoldrei.com)⁠, Email: info@threefoldrei.com, Facebook: ⁠Threefold Real Estate Investing | Facebook⁠, LinkedIn: ⁠Lee Yoder | LinkedIn⁠, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! ⁠https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

Today's guest is the incredible Travis Watts, a true luminary in the realm of passive income and real estate investing. Travis is not just an investor, he's a full-time advocate for those who are looking to adopt a more hands-off approach when it comes to real estate ventures. As the Director of Investor Education at Ashcroft Capital, Travis spearheads the mission to educate investors about the remarkable potential of hands-off investing in the multifamily real estate space. And what's truly remarkable is that they handle the day-to-day intricacies, even managing residents through their in-house property management company. In this captivating episode, Travis delves into his personal journey, shedding light on his transition from an active real estate investor, juggling single-family homes and various property types, to a burnout in 2015 that led him to seek a more sustainable path. Travis then emerged as a fervent advocate for passive real estate investing, specializing in multi-family apartment complexes. Why multi-family properties, you ask? Travis enlightens us with compelling reasons: a soaring demand for apartments, risk-adjusted returns, tantalizing tax advantages, the prospect of appreciation, monthly dividends from rental income, and the inherent potential to cultivate lasting wealth. So, whether you're an experienced investor or just starting on your wealth-building journey, this episode with Travis Watts is an absolute must-listen.  In this episode, we discuss: Travis's background and transition Benefits of passive multi-family investing Active investing vs passive investing The vision of long-term wealth for financial freedom Connect with Travis: Free 15-Min Call: www.calendly.com/traviswatts   Instagram: https://www.instagram.com/passiveinvestortips  Facebook: https://www.facebook.com/passiveinvestortips  LinkedIn: https://www.linkedin.com/in/traviswatts1234  YouTube: https://www.youtube.com/@travwat  Podcast: https://www.bestevercre.com/podcast/tag/passive-investor-tips    Connect with Pantheon Investments:  Join the Pantheon Investor Club: https://pantheoninvest.com/investor-signup/   Website: www.pantheoninvest.com   Podcast: www.pantheoninvest.com/podcast   Facebook: https://www.facebook.com/PantheonInvest   Instagram: www.instagram.com/pantheoninvest   LinkedIn: https://www.linkedin.com/company/pantheon-invest   Twitter: https://twitter.com/Pantheon_Invest    Youtube: https://www.youtube.com/channel/UC8EsPFlwQUpMXgRMvrmbAfQ   Holistic Wealth Strategy Book: https://www.amazon.com/Holistic-Wealth-Strategy-Framework-Extraordinary-ebook/dp/B0BX4SDMS7/ref=sr_1_1?keywords=holistic+wealth+strategy&qid=1681472301&sprefix=holistic+wealth%2Caps%2C99&sr=8-1   Email: info@pantheoninvest.com   Get you FREE copy of the book here: https://holisticwealthstrategy.com/ 

If you want to make decent money without dealing with property ownership headaches, passive real estate investment might be right for you. Once you have signed up and funded your investment, you can take a backseat as a passive real estate investor, with little involvement required. But the trickiest part is finding the right investment team to partner with.  In this episode, we will tackle the key steps to picking a qualified investment team that can lead you to success in passive real estate investment. Learn how to identify a better investor for better outcomes and achieve your financial goals effortlessly.  EPISODE HIGHLIGHTS:    Travis's Venture into Real Estate Investing   His Biggest Investing Mistake  Basic Real Estate Concepts and Terminology  How to Evaluate a Real Estate Investment Deal  Discover the Most Important Question to ask Before Investment  Determining Investment Risk Profile  Travis Watts, Director of Investor Education, is a seasoned figure in the real estate sector. With a wealth of experience dating back to 2009, Travis has invested in multi-family, single-family, and vacation rentals. He has actively engaged with Ashcroft Capital, participating in over 30% of their opportunities. Travis now dedicates himself to educating others about the world of investing. His mission revolves around sharing passive investment strategies to empower individuals in achieving and sustaining wealth through real estate.  Connect with Travis     Instagram  LinkedIn    FREE 15-MIN Q&A CALL WITH TRAVIS (LEARN ABOUT PASSIVE INCOME INVESTING) https://calendly.com/traviswatts  Did you enjoy today's episode?   Please click here to leave a review for The We Build Great Apartment Communities.    Be sure to subscribe to your favorite podcast app to get notified when a new episode comes out!       Do you know someone who might enjoy this episode? Share this episode to inspire and empower!    Connect with John Brackett and We Build Great Apartment Communities         Instagram @webuildgreatcommunities          Facebook @buildingreatcommunities          LinkedIn @brackettjohn          Website www.fidelitybps.com         Subscribe to The We Build Great Apartment Communities      Apple Podcasts          Spotify       Do you think you would be a great fit for the show? Apply to be a guest by clicking here.     Fidelity Business Partners, Inc.     6965 El Camino Real Suite 105-190         Carlsbad, CA 92009         D: 760-301-5311         F: 760-987-6065 

Making money in your sleep is not a myth.  Today's guest is proof of that.  Travis Watts is a full time investor and the Director of Investor Education at Ashcroft Capital. The secret to how he's able to travel whenever he wants, and have complete control of his time and lifestyle is the same one the most affluent families in the country have been using to build and preserve wealth for generations.  So how do the rich get richer? Keep listening to find out. In this episode, Travis discusses: ✅How he's been able to generate enough passive income to win lifestyle freedom. ✅The success cycle, and why passive income can help people escape it. ✅The four steps to generating passive income. ✅Why the average millionaire has seven different income streams. ✅What does a market shift mean for investors like him.  Get In Touch With Travis: Website: https://www.ashcroftcapital.com/traviswatts  Linkedin: https://www.linkedin.com/in/traviswatts1234/  Instagram: https://www.instagram.com/passiveinvestortips/   —-------------------—----------------------------------------------------------------------------------- If you want to download our FREE 3-Step Passive Investing Checklist, go to https://www.donisinvestmentgroup.com/checklist  Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website –  https://www.donisinvestmentgroup.com/  

Joe Fairless is the Co-founder of Ashcroft Capital which currently has over $2 billion of assets under management. In addition to his work with Ashcroft Capital, Joe created the podcast Best Real Estate Investing Advice Ever Show, which is the longest running daily real estate podcast in the world.   Quote:  I've always known that if you help enough people get what they want you'll eventually get what you want. Add enough value to enough people and you're going to get everything you want. Recommended Resources:  Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Travis Watts is a proven leader in the real estate industry, where he's been investing since 2009 in multi-family, single-family and vacation rentals. He began investing with Ashcroft Capital several years ago and has taken part in more than 30% of the Ashcroft opportunities. After experiencing above-average communication, reporting, deal volume and performance, Travis expressed interest in joining the Ashcroft Investor Relations Team. Travis also has a background in traditional Wall Street investing and obtained a Series 7 and Series 63 license while working at a major brokerage firm with more than 400 billion in assets. He now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate. CONNECT WITH TRAVISEmail: travis@ashcroftcapital.comWebsite: https://ashcroftcapital.com/travisLinkedIn: https://www.linkedin.com/in/traviswatts1234/CONNECT WITH JONATHANTo connect with Jonathan, you can send email at info@greystonecapgroup.com or schedule a time to chat.To learn more about real estate investment opportunities, join the Greystone Capital Investor Network.Thanks for listening and until next time, keep building wealth in Commercial Real Estate!    

Welcome to Rent Roll Radio, where we discuss the best practices, strategies, and mindset you'll need to reach financial freedom through passive real estate investing. In this episode, Sterling Chapman catches up with full-time passive investor and Director of Investor Education at Ashcroft Capital, Travis Watts. They talk about the changes in real estate investing since their last chat, as well as Travis's journey from a W2 job to becoming a passive investor in everything- from real estate syndication, to note lending, covered call ETFs, and more. Learn how Travis achieved financial independence through passive income.   Outline of the episode: Real estate investing during the pandemic and post-pandemic era Strategies for passive real estate investing-- including note lending and covered call ETFs The importance of focusing on what you want to do instead of solely making decisions for money The role of cash flow and how to measure returns in real estate investing The risks and considerations when investing in full cycle deals, and the importance of working with prepared operators for rate hikes And so much more!   ~ About Travis Watts: Travis Watts is a proven leader in the real estate industry, where he's been investing since 2009 in multi-family, single-family and vacation rentals. He began investing with Ashcroft Capital several years ago and has taken part in more than 30% of the Ashcroft opportunities.   Connect with Travis Watts… Website: https://ashcroftcapital.com/ LinkedIn: https://www.linkedin.com/in/traviswatts1234/   Connect with your host Sterling Chapman on: Website Podcast | The Rent Roll Radio Show Facebook YouTube Twitter TikTok  

Joe Fairless is the Co-founder of Ashcroft Capital which currently has over $2 billion of assets under management. In addition to his work with Ashcroft Capital, Joe created the podcast Best Real Estate Investing Advice Ever Show, which is the longest running daily real estate podcast in the world.     Quote:  I've always known that if you help enough people get what they want you'll eventually get what you want. Add enough value to enough people and you're going to get everything you want.   Highlights:   06:30: The way Joe has been able to form strategic relationships to build his business via podcasting 12:10: Joe shares how he approaches goal setting in his business 16:30: Learning to stick with your speciality instead of trying to doing it all 20:40: Managing your investments using wealth management 22:55: What Joe's team looks like right now 26:00: What it looks like to house property management in your company 31:00: Shifting from doing deals to a fund model 37:10: How investors responded to this shift 41:10: Integration vs. balance in life and business   Guest Website: https://ashcroftcapital.com/   Recommended Resources:  Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Travis Watts & Brent Ufkes talk about the importance of putting your all into what you decide to do, also ways to go about finding a good start in education, and differences between funds and Syndication.Interested in learning from me? Visit https://www.thetribeoftitans.info/coachinghttps://www.streamlinecapitalgroup.com/investJoin our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://www.instagram.com/diary_of_an_apartment_investor This episode originally aired on January 20, 2023----Your host, Brian Briscoe, has been a general partner in 1000+ units worth over $100 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on LinkedIn----Travis WattsTravis Watts is an investor, passive income advocate, public speaker, and the Director of Investor Education at Ashcroft Capital. He dedicates his time to educating investors who are looking to be "hand's off" when it comes to real estate investing.Learn more about him at: https://info.ashcroftcapital.com/travishttps://www.linkedin.com/in/traviswatts1234/----Brent UfkesBrent Ufkes is 43, Lives in Kalamazoo Michigan. Is a licensed residential builder, 17 years in the lumber industry, 10 as a contractor, mostly bathroom and kitchen remodels. He bought first rental in 2022. He is married 14 years, with 1 daughter that's 23. Learn more about him at: https://www.linkedin.com/in/brent-ufkes-28252099/

ABOUT TRAVIS WATTSTravis Watts is an investor, passive income advocate, and public speaker. He dedicates his time to educating investors who are looking to be "hands-off" when it comes to real estate investing. He used to be an active investor who owned single-family homes (fix and flips, vacation rentals and buy and hold properties) until he burned out in 2015. His rental properties were taking up too much of his time; it felt more like a job rather than an investment. Today, Travis is a full-time PASSIVE multi-family apartment investor and the Director of Investor Education at Ashcroft Capital.     THIS TOPIC IN A NUTSHELL: Travis's background and how he started in real estateOwning and Managing Single-family homesIntroduction to Limited partnership His transition from Landlord to Passive InvestorInvolvement with Ashcroft capitalInvesting in the stock market, REITs, and private placementsLearning curve from owning SFH to Multifamily Underwriting a deal  Importance of mentorsDetails of the deal that he wants to sharePreferred monthly distributions for LP investmentsHow to fund LP investmentsHow to look at deals as an LP investor Trust but verify Tools/Software usedLooking at the Track record of operatorsReturns of InvestmentsLoans and RefinanceCapital improvements implementedConnect with Travis      KEY QUOTE:“I'm a cashflow-focused investor. I want to know if there will be cash flow on day 1, and how realistic it is that we can raise the yield over the next 3-5 years vs. you telling me that I'm gonna double my money in 5 years, because it may not happen. A lot of investors should keep in mind that these are just projected returns, there are no promises or guarantees.”  SUMMARY OF BUSINESS:Ashcroft Capital is a national multifamily investment firm with over 2 billion in assets under management. Ashcroft is focused on major metropolitan statistical areas (MSA's) which demonstrate consistent rent growth, low vacancy, and a growing Real GDP. The firm repositions properties through operational efficiencies, moderate-to-extensive renovations, and complete rebranding.  ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.          #realestate #realestateinvesting #passiveincome #passiveinvesting #realestateinvestor #realestateinvestment #REinvesting #cashflow #LimitedPartner #GeneralPartner #PassiveInvestor #Syndication #Multifamily #BuyAndHold #SingleFamily #Dallas #Mentors #distributions #operators #stockmarket #TrustButVerify #InternalRateOfReturn #Transition #newepisode #podcasting #passivewealth #assetcreation #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork    CONNECT WITH TRAVIS WATTS: LinkedIn: https://www.linkedin.com/in/traviswatts1234/Facebook: https://www.facebook.com/passiveinvestortipsInstagram: https://www.instagram.com/passiveinvestortips/BiggerPockets Blog: https://www.biggerpockets.com/member-blogs/12418-the-syndication-investor-blog/blog_posts YouTube: https://www.youtube.com/playlist?list=PLCYnr_mB0XK1JDQNEQpuAK70LcoT4DzZQ       CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  

Travis Watts joins us today to discuss control, stoicism, and discipline in real estate investing. We'll also touch on stock market investments and how to get started as a successful investor. Tune in and develop your mental skills to reach the lifestyle you've always wanted.KEY TAKEAWAYSEffective ways to level up your investmentsReal estate syndications vs. stock market investments4 steps to achieving financial and time freedomThe power of stoicism in reaching your goals and eliminating stressorsInvesting actively or passively: Which is right for you and ways to get startedRESOURCES/LINKS MENTIONEDAshcroft Capital https://ashcroftcapital.com/Managing Oneself by Peter F. Drucker | Paperback https://amzn.to/3hTfTdk and Hardcover https://amzn.to/3hTfTdkThe Daily Stoic by Ryan Holiday https://amzn.to/3hJ9OzUCourage is Calling by Ryan Holiday https://amzn.to/3tIcKj0 Discipline is Destiny by Ryan Holiday https://amzn.to/3V179jKALL ABOUT TRAVIS WATTS Travis Watts is a proven leader in the real estate industry, where he's been investing since 2009 in multi-family, single-family, and vacation rentals. He began investing with Ashcroft Capital several years ago and has taken part in more than 30% of the Ashcroft opportunities. After experiencing above-average communication, reporting, deal volume, and performance, Travis expressed interest in joining the Ashcroft Investor Relations Team. Travis also has a background in traditional Wall Street investing and obtained a Series 7 and Series 63 license while working at a major brokerage firm with more than 400 billion in assets. He now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies to help others achieve and maintain wealth in real estate.CONNECT WITH TRAVISWebsite: Ashcroft Capital https://info.ashcroftcapital.com/travis Instagram: @passiveinvestortips https://www.instagram.com/passiveinvestortips/?hl=enFacebook: Travis Watts https://www.facebook.com/passiveinvestortips/To find out more about partnering or investing in a multifamily deal, schedule a call here: https://calendly.com/threekeysinvestments/get-acquainted-callVisit ThreeKeysInvestments.com to download a free e-book “Why Invest in Apartments”!Looking to reduce your taxes so you can build wealth? Mode Wealth is a boutique financial firm helping real estate professionals, investors, and entrepreneurs ethically and morally optimize their tax strategy to reduce their tax liability. Learn more and schedule a FREE consultation today! https://modewealth.com/Looking for an affordable healthcare solution? Check out Christian Healthcare Ministries by visiting https://bit.ly/3JTRm1IPlease RSS: Review, Subscribe, Share!Support the show (and my reading addiction)!https://www.buymeacoffee.com/AskMeHowIKnow

Welcome to Syndication Made Easy with Vinney Chopra! Today we have a special guest Travis Watts with us on our weekly show.  Travis Watts is a full-time passive real estate investor. He has been investing in real estate since 2009 in multi-family, single-family, and vacation rentals. Travis is also the Director of Investor Relations at Ashcroft Capital. Travis has invested in over 25 passive syndications between 14 different firms.  Travis now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate. He's driven by his optimistic excitement for the future, and the knowledge that success is a moving target that he wants to continue following long-term. Podcast Highlights: How to start as an active investor Who passive income is good for, and who it isn't good for When might be a good time to transition from active to passive investing How to find deals to invest in About apartment investing What to look for in potential sponsors and syndicators And much, much more! If you're an active, experienced syndicator, or a sponsor or passive investor looking for qualified syndications you must listen to this podcast. Never forget to share this podcast, leave comments, and give 5 Star reviews! Thank you so much!  ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/invest/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------

Investor relations is not about selling a deal. It's about getting to know individual investors and solving their problems. But what does that look like in practice? How do you connect with potential LPs and educate them around the benefits of investing in multifamily syndications? Travis Watts is Director of Investor Education at Ashcroft Capital. He got his start in real estate in 2009, investing in single family and short-term rentals. Travis became a passive investor with Ashcroft several years ago and was so impressed with their performance that he offered to join the Investor Relations Team in 2019. On this episode of Financial Freedom with Real Estate Investing, Travis joins Garrett and me to explain why he transitioned from active investing in single family to passive investing in syndications. Travis describes how he attracts new investors at Ashcroft and walks us through the pros and cons of raising capital through a fund. Listen in for Travis' best practices for taking care of investors and learn how to serve your LPs and solve their problems to grow your syndication business. For full episode show notes visit: http://www.themichaelblank.com/session335/