Podcast appearances and mentions of jonathan farber

When you think of the greatest private equity deals of all time, names like Google, Facebook, Uber, Dell, and Hilton come to mind. After a recent episode of Private Equity Deals, you might also think about 3G's acquisition of Burger King. But I'd bet you wouldn't think about an oil and gas play called CrownRock. Lime Rock Capital created CrownRock alongside a management team with $96.5 million of cash and assets in 2007. Seventeen years later, sold the business to Occidental Petroleum for $12.5 billion. Lime Rock's original investment made 79x its money, a net IRR of 18%, and $7.5 billion in gains, which ranks in the top ten fully exited private equity deals of all time. It also exited a continuation vehicle that generated 3x its cost over the last six years of the deal's life. My guests to discuss the firm and its grand slam CrownRock deal are Lime Rock Managing Directors John Reynolds, Jonathan Farber, and J McLane. Our conversation covers Lime Rock's investment approach and the example of CrownRock. We dive into the initial investment thesis around vertical drilling, the three extinction threats to the business, innovation of horizontal drilling, management excellence, exit options along the way, and the ‘forever hold' mindset that allowed CrownRock to compound extraordinary amounts of capital. Take Capital Allocators Audience Engagement Survey Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

⬇️ Download my Free Guide: Top 10 Proven STR Amenities with Highest ROI https://www.strlikethebest.com/highestROIamenities ⬇️ Apply to work with Me https://www.strlikethebest.com/getstarted In this episode, Michael Chang interviews Jonathan Farber, a successful real estate investor and entrepreneur. Jonathan shares his journey from a sales software company to building a diverse real estate portfolio, including short-term rentals. He discusses creative financing strategies, the shift to short-term rentals during COVID, and the importance of market dynamics in real estate investing. 00:00 Intro to Jonathan's journey 03:09 Portfolio overview 05:54 Creative financing 09:03 Short-term rental shift 14:56 Navigating regulations 17:55 Differentiating in the market 21:10 Future business focus 27:55 Virtual assistants 31:32 Building routines and goals ✅ Follow Michael http://www.instagram.com/michaelchangbnb ✅ Follow Jonathan https://www.instagram.com/jonjfarb/ ✅ Join 6,000+ Investors on our STR Investing Newsletter https://www.strlikethebest.com/subscribe?utm_source=yt

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Welcome back to the Outdoor Adventure Series! Our special guest is Jonathan Farber. Jonathan is the Founder of Urban Outsiders. He is a lifelong outdoor enthusiast who was introduced to the beauty of nature by his father, primarily through fishing. He is passionate about breaking barriers and bringing people together through the power of nature and outdoor experiences.Jonathan is working on his memoir, "It's Not How Deep You Fish, It's How You Wiggle the Worm."QUESTIONS WE DISCUSSED How does Jonathan Farber's work with Urban Outsiders address the issue of inequity and inclusion in outdoor activities?  What are some of the obstacles people face when trying to engage in outdoor activities, and how can organizations like Urban Outsiders help overcome these challenges?  How does Jonathan emphasize the importance of making outdoor activities fun and exciting to attract a diverse range of participants? How does Jonathan's memoir, "It's Not How Deep You Fish, It's How You Wiggle the Worm," explore the healing and connecting power of nature?  Why is it important to learn and grow outside of our own groups? What are some examples of organizations or individuals that are actively working to promote inclusivity and accessibility in outdoor activities?  What are some potential steps that can be taken to build a bigger and better community and feel comfortable being outdoors?  How can organizations like Urban Outsiders and other outdoor adventure groups effectively engage in cross-pollination and collaboration to promote inclusivity?  How can we reflect on focusing on what connects us, rather than what separates us, to outdoor adventure activities and communities?LEARN MORE To learn more about Jonathan and his work at Urban Outsiders, visit him on Instagram at https://www.instagram.com/theurbanoutsiders/ NEXT STEPSIf you enjoy podcasts devoted to the outdoor adventure space, find us online at https://outdooradventureseries.com. We welcome likes and comments, and if you know someone who is also an outdoor enthusiast, go ahead and share our site with them, too.KEYWORDSJonathan Farber, Urban Outsiders, Outdoor Adventure Series, Inclusivity in Nature, Connecting Urbanites with Nature, Outdoor Adventures, Nature Heals, Inclusion Matters, Podcast Episode#JonathanFarber #UrbanOutsiders #OutdoorAdventureSeries #InclusivityInNature #ConnectingUrbanitesWithNature #OutdoorAdventures #NatureHeals #InclusionMatters #PodcastEpisodePodcast produced using DescriptPodcast hosted by BuzzsproutShow Notes powered by CastmagicWebsite powered by PodpageNote: As an Amazon Associate, I earn from qualifying purchases.

There is a lot to learn in the short term rental industry. The environment is constantly changing; new tools, tips, markets to look for, and best practices to incorporate into your short term rental (or your upcoming purchase. Too much to learn in fact that there is no way for me to process it all myself. So to change things up a bit i've decided to bring on a few other experts in the space. This week we meet with Jonathan Farber. John is the real deal. He also happens to spend half of his year in Medellin, Colombia where I ran into him and have had the pleasure to meet up with several times afterwards for dinner and drinks. I'll let John tell his own story on the episode but just know that he brings some EXPERT tips. Join us this week as we discuss with a fellow short term rental expert:  Why having virtual team members is necessary Best practices for hiring your own VA How your team can “train themselves” How traditional management can hurt (or crush) your STR returns The current economic and industry outlook  What it means to live a “Rich” life Make sure to catch Johnathan on his popular podcast - Millennial Millionaires. You can also find out how to work with John and have real estate deals hand picked for you by going to:  Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. Get a copy of my 12 proven house rules to protect your property from almost every negative situation (highly recommended)  You can find all of our links here including our website, recommended resources, upcoming live events, short-term rental playbook, Instagram, and more!  

In this episode, Clint Coons, Esq., of Anderson Business Advisors, welcomes Jonathan Farber, a successful real estate investor who is helping others achieve financial freedom with Short-term Rentals. Jon currently owns 8 STRs, a 24-unit rental property, and continues to add properties year after year. He is the host of “Millennial Millionaires Through Real Estate” podcast, has amassed over 167K followers between TikTok and Instagram, and he sends a weekly newsletter to nearly 14K contacts. Clint and Jonathan discuss how Jon decided to opt out of the corporate world at age 21 to create wealth with real estate investing, and how he screens, hires, trains, (and sometimes fires) virtual assistants to help him do all the tasks that he either doesn't enjoy, isn't very good at, or simply doesn't have time for. You can learn exactly how Jon does all this by checking out his extensive content on just about every social media platform. Highlights/Topics: Jonathan's origin story and how he took a different path than “Corporate America” House-hacking at age 21- a great jump start Getting into the Short Term Rental market Beginning with a VA- choose one task - some people love to do the things you hate Delegate more to VAs as your business grows Finding off-market deals with VAs The process of finding the right VA- Loom videos for screening, “test/screening” emails set up in Gmail Training and onboarding VAs - Loom videos of each “repeatable task” 10-14 days will show if your new VA can cut it Creating content to teach others these systems and methods Reach out with a DM to Jonathan on any social platform to learn more Resources: Jonathan Farber LinkedIn https://www.linkedin.com/in/jonathanfarber1/ Jonathan Farber Instagram https://www.instagram.com/jonjfarb/ Jonathan Farber Twitter https://twitter.com/jonjfarb Jonathan YouTube https://www.youtube.com/channel/UCZSsPp1_ZwurdZZAKYNo1nw Jonathan Farber TikTok https://www.tiktok.com/@jonjfarb Free Asset Protection Workshops https://andersonadvisors.com/real-estate-asset-protection-workshop-training/ Anderson Advisors https://andersonadvisors.com/ Clint Coons YouTube https://www.youtube.com/channel/UC5GX-U6VbvMkhSM1ONBiW8w

In this #Highlights episode, we look back at our conversations with Jonathan Farber and Emma Powell. They share how taking that first step in their journey to success was one of the most challenging yet rewarding decisions they have ever made.Many real estate investors look back on their lives and wonder why they didn't get into the game sooner. Not so with Jonathan Farber. At 26, he's juggling a W2 job with investing, having already signed four single-families and a four-unit property. He attributes his success to his ability to take action. Emma Powell is a supermom who doubles as a real estate superstar. By making small, everyday steps, Emma has accumulated 92 units in just two years, and she believes it is down to one simple recipe. In this episode, we examine her key ingredients and determine why they work so well. We kick things off by looking at her history in real estate, and how she broke into the industry.Key Points From This Episode: The challenges that kept Jonathan laser-focused on his real estate business.How starting a podcast can help develop better workflow processes. The benefits of building a network through BiggerPockets and Facebook groups. Jonathan's formula for taking action: Just do it then put a system around it. Some systems that you can put into place for your business.The benefits of delegating tasks.The most challenging deal that Jonathan has worked on. How Jonathan found investors for his $650,000 luxury flip. What gave Emma the confidence to purchase a 50-unit rental property which was bigger than anything she had done before that in real estate?Tips to manage a home with six kids, a side hustle, and a real estate business.Tips for systematizing your business.Tweetables:“Reach out to the people. They will be so much more receptive than you think.” –Jonathan Farber“If you are going to spin all these plates, make sure that the ones that crash are the ones that don't matter. If you want to stop breaking plates, stop spinning so many.” –Emma Powell Links Mentioned in Today's Episode:Jonathan Farber on LinkedInEpisode 657 - Jonathan FarberEmma Powell on LinkedInHighrise GroupPassive Income Real Estate InvestingEpisode 743 - Emma PowellAbout Jonathan FarberJonathan Farber is a 28-year-old side hustle investor currently living in Raleigh, North Carolina. He grew up in Long Island and spent three years in Raleigh working in software. Jonathan started investing in real estate by acquiring single-family rentals. He has four single-families and one four-unit through the house hacking strategy. The host of the Millennial Millionaire Through Real Estate Podcast, Jonathan is an avid golf player who enjoys personal development and trying new things.About Emma PowellEmma Powell and her husband of 26 years, Troy, now live in Salt Lake City, Utah after 20 years in Austin, Texas. They started investing in real estate in 2018 and 2019 after a layoff using cash from a personal home they lived in and refurbished. After acquiring eight rental units and wholesaling two of them, Emma quickly recognized that multifamily real estate was where she wanted to invest in and put her focus. In 2020, she purchased an Idaho 50-unit complex in a 506c syndication and a Little Rock 34-unit 2-property portfolio in a joint venture. 

This week Avery sits down with Jonathan Farber, host of the Millenial Millionaires Through Real Estate podcast. Jonathan gives us his thoughts why you could keep buying long term rentals(as well as short term). He also gives us some insight on how he uses virtual assistants, how he delegates his tasks, and when to implement virtual assistants. Jonathan is a side hustle real estate investor. He was able to achieve financial freedom at 27 and leave his corporate enterprise technology sales job to focus on traditional rentals, short term rentals, airbnb arbitrage and wholesaling, podcasting and course creation. He started with househacking from 21-25 and then started buying traditional rentals and short term rentals with creative acquisition and financing strategies. Jonathan has done this through the use of virtual assistants, systems and a few close team members. He has trained and hired over 5 VA’s who currently help with the day to day and growth of the business. Jonathan grew up in New York and currently splits time between Raleigh, North Carolina, Florida and Long Island. He played golf for Hofstra university and still loves to play. How to connect with Jonathan: https://jonfarber.co/ Instagram: @jonjfarb How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/

From college to working in tech to then pivoting to real estate, Jonathan's STR journey has been a wild one, and after this episode, you'll want to dive head-first into starting your first short-term rental (STR) too. Jonathan Farber joins us this week to dive deeper into what it takes to own, scale, and improve your STR business. This week you will learn how he started his business, how he was able to quit his 9-5, how to hire virtual assistants, and so much more. He also talks about how it is key to higher help earlier on if you want to scale your business faster.  Jonathan gives us the inside scoop on house hacking and how it could benefit people at any age. He may also give you tips on how to decide if certain real estate investments actually make money or not.  Connect with Jonathan:  TikTok: https://www.tiktok.com/@jonjfarb Instagram: https://www.instagram.com/jonjfarb/ Website: https://jonfarber.co/  Connect with Mariah on LinkedIn: LinkedIn: https://www.linkedin.com/in/mariah-kamei/  Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram: LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna  TikTok: https://www.tiktok.com/@airdna.co  Instagram: https://instagram.com/airdna.co  Episode 6

How does someone become financially free by age 27 using virtual assistants? In this episode my guest, Jonathan Farber discusses how he hires and uses VAs to outsource tasks that are not within the manager's skill set. Jonathan explains how he underwrites deals and trains his employees. He also talks about using quantitative methods to measure things like the number of colleges in an area, new hotel construction, and reviews of current hotels.   Jonathan Farber is a side hustle real estate investor.  He was able to achieve financial freedom at 27 and leave his corporate enterprise technology sales job to focus on traditional rentals, short term rentals, airbnb arbitrage and wholesaling, podcasting and course creation. [00:01 - 04:22] House Hack Your Way to Financial Freedom    How Jonathan started house hacking and found success by speaking to realtors and getting deals Reaching his financial freedom goal of $30,000 in just 27 months Different levels of financial freedom depend on how much money and time you want to spend   [04:22 - 14:48] Using VA's to Scale Your Business   How to utilize VA s to help manage and easily find underwriting sources and property acquisitions Quantifying everything is important for efficient processes and training Creating a process that can analyze an area based on 10 criteria is essential for furnished rental companies How AirDNA provides furnished rental companies with accurate data so they can make good decisions   [14:49 - 21:03] Monetizing Social Media    How to turn down deals from brokers  Always get back to a broker and provide feedback on deals Brokers respect estate investors who are serious about their work You don't need to do everything – Stay in your area of expertise and buy skills and leverage in places you can grow  The power of delegating tasks according to the strengths of others    [21:02 - 22:38] Closing Segment   Reach out to Jonathan!  Links Below  Tweetable Quotes   “So one thing that I always try to do is just make everything quantifiable and measurable. It's good for our processes, it's good for training VAs and it's also good for teaching students.” - Jonathan Farber   “Get help! What I have found is most real estate operators are great at real estate operating horrible at social media or marketing. So stay in your area of expertise, buy skills and buy leverage in places that you can just get better.” -----------------------------------------------------------------------------   Visit Jonathan Farber's website https://jonfarber.co and connect with him on LinkedIn https://www.linkedin.com/in/jonathanfarber1/ you can also follow him on IG: https://www.instagram.com/jonjfarb/?hl=en   Listen to his podcast Millennial Millionaire Real Estate Podcast:  https://podcasts.apple.com/us/podcast/millennial-millionaire-real-estate-podcast/id1490528162   Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Jonathan Farber  00:00 Just make everything quantifiable, everything measurable, it's good for our processes. It's good for training vas. And it's also good for teaching students because no one wants like a like a hazy, like, you know, maybe so I kind of look at it like that old adage, if someone can't explain it to you simply they don't know how to do it. You know? So if you ask someone, Hey, what are the five drivers of a market? What websites do you go on? What boxes do you need to check to see that this neighborhood is good for where you're looking? Most operators have no idea how to do that. They're just going off. Oh, a realtor told me this was a good area or, you know, I have another deal nearby and it's pretty good.    Intro  00:37 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.   Sam Wilson  00:49 Jonathan Farber started investing when he was 22. And after a lot of experimenting and speaking with mentors and taking action, he achieved financial freedom at age 27 through real estate, specifically through Airbnb, and wholesaling. Jonathan, welcome to the show.   Jonathan Farber  01:04 I appreciate you having me on excited to be here.   Sam Wilson  01:06 Hey, man, the pleasures mind. same three questions I ask every guest to come on the show in 90 seconds or less. Can you tell me where did you start? Where are you now? How'd you get there?   Jonathan Farber  01:14 Okay, I started in Raleigh, North Carolina, with a strategy that a lot of your listeners may know or maybe not house hacking. I was hooked. I was in a corporate job making pretty good money out of college. But I did not like it. There's a big layoff at the company. And I felt like I needed security. So started the house hacking year out when I lived for free that first month that was kind of like my lightbulb moment that this was possible. How I tactically started with that it was just really speaking to realtors looking at houses. I really didn't know what I was doing. But yeah, that was it. I started with House hacking, got my next deal, then went after that and just started to kind of roll them together. But yeah, it was hooked. And it was like, how many of these do I need to become financially free, my goal is 30, I was able to kind of get lucky and do it at 27. So that was the start house hacking multiple times in Raleigh, North Carolina.   Sam Wilson  02:05 Interesting when you say your goal was 30, you meant by age 30. achieved financial freedom has that number, not your age number, but has the term financially free changed for you, the more success you've had.   Jonathan Farber  02:18 That's like one of the biggest things I think people make a mistake with is thinking that financial freedom is actually their salary, when in fact, it's just your cost to live. So financial freedom is just based on whatever your cost of living is, you could live on $1,000 a month, or you could be a baller and live on $30,000 a month, whatever it is, you know, I make more money now than I've ever made. And I live in Colombia, my living expenses are like $2,000 a month. So, you know, it all depends. There's different levels of financial freedom where maybe like stage one that you just cover your living expenses basics, and then you can improve that scale that, do more things have a family, I'm a single person, I don't have a family, I don't have a dog, you know, whatever. It's just me. I'm just married to the golf game right now. So as long as I could join a country club, wherever I live, I'm happy. And as long as I could buy the best equipment and have the best coaches and all that, like, that's what I need. I wear the same shirt every single day. It's a shirt that I can golf in work in a workout in. I'm a minimalist, so I just like anytime I like that I can buy simple, I'll pay for it. So for me, if I can buy simple and time, that's how I'm achieving financial freedom. I don't cook I get every meal delivered to get all my laundry done for me, massage to the house. Anything you could think of to buy time I do it personal assistants, virtual assistants, I just want to focus on what I like to do what I'm good at. Now, at the beginning, I couldn't do that. But I had to buy more of that time and simplicity back. And yeah, same thing. Even when we set up a property in the US. I'm not there. I'm not the one finding and I'm not the one designing it. Virtual Assistants are doing the analysis of it, I give the direction I give the final review. But for me, that's financial freedom at my level, you know, I make more and more, but I just live on the same amount. If I needed more, to live on to be happier, I would just do it. I don't want to think about money. So it definitely changed. My original financial freedom number was like 2500 When I was living in Raleigh, and I was living like has it. But you know, I loved it. It was what I wanted to do. And I just I wanted to get to that number to leave it. But now it's you know, I want to go back to the US. So it'll be more, which is kind of why I was here over the winter. But yeah, so it changes for sure.   Sam Wilson  04:22 Yeah, absolutely. Well, and you know, there's always that the idea that the more you make, the more you spend, and you know, there's that scope creep, that always just tend to like go along with rising income rising expenditures, rising lifestyle, and I just wondered how you combat that. And it sounds like you've done that fairly well. But yet at the same time protecting the things that it's most valuable thing to all of us, which is our time. So tell us about your use and scaling your company with the use of VA s I mean, I know this is virtual assistants. I think the new term is virtual professional, whatever it is, you know, you've done this and we've talked about this on this show, you know pre easily but I love hearing real world stories of hey, this is how I've done it. Here's the mistakes I made. This is what I've done, right? Walk us through especially, I mean, as you're acquiring underwriting sourcing property, I mean, that's a pretty robust system. Talk to us about that.   Jonathan Farber  05:14 If anyone has questions, just feel free to hit me up all my socials, I'm sure I'll be linked in the show notes. I probably hired trained and kept or fired probably about 100 Vas in seven years. Could be more could be less. But really, what more than one a month? Yeah, I mean, you know, now we have like eight that are just like, you know, with us, I would say that's the number consistently across everything between property management, acquisitions, social media, personal assistants, and then just filler tasks for our communities and things like that. But you know, for me, it's like, I would love to always try to, you know, at the beginning, I was thinking, I'm not gonna have enough work to give a VA, that's the complete wrong mindset. If anyone is listening to this right now, you're just you couldn't be more wrong. One, you can give a VA an hour work a day, you could say, I'm gonna pay a va $6 an hour, one hour a day, to just analyze deals that get sent to me every single day, you know, I need to film loom videos and do step by steps of how to do it. They can't just do that for you. They need instructions. But that's anyone you know, you needed instructions to when you were figuring out how to buy a house, you couldn't just wing it, and a VA can't do that either. So that's where most people go wrong. But for most people going wrong as far as like the setup, it has to do with just not thinking that they have enough work for one, if there's anything that can be done on a computer or a phone, or any editing anything, just like digital, it can be done. So for me, I started small it was just with small tasks, things that I didn't like doing I wasn't good at doing and just scaled it from there. It's easy. Just starting with like, for real estate, for example, podcasting. You know, like, we got our podcast production down to about $12 An episode, we did a daily podcast for 250 shows. So I didn't know how to edit. But all I wanted to do was do the video, but we had VAs doing the guest outreach, the editing, the production of social media, the only thing I wanted to touch was the actual conversation with the person to build relationships. And I love that, but I didn't like the other ship. Same thing with real estate. I don't like analyzing deals, I just like relationships, creating content, you know, building systems, coming up with a better vision, that sort of thing. But you know, the day to day I don't want to be on call. That's just not what I want to do. It's not a good use of my time. So what I would say for anyone is start with one task that you understand how it works, that you can just come up with a checklist of the steps film a loom video loom we use 20 times a day in the business, we don't have meetings, we just do loom videos, it's the best thing ever. And just walk through the steps. And when you walk through the steps, you can just send that to a VA as far as where to find them two places, very simple, where you can go with an agency. So you can go with Upwork, which is free and then just paid per job. You can go with online jobs pH it's best $50 a month, but the talent is awesome. And there's tons of little bells and whistles that you can tweak to find candidates. And then if you want to pay an agency, which in a lot of cases, it could be a great thing hit me up, I have a whole freebie on it, just of all the agencies that I recommend to we have guides for all this stuff. But you know, there's 24/7 us virtual assistants, there's bolay, and they can do the training and hiring and interviewing for you. They'll bring them to you. And they're still like maybe $10 an hour. And some of those are US people or it's maybe $20 an hour for higher skilled work. But these people are impressive. And it just became a game for me of how to get more stuff that I don't like doing off my plate and how to use my time better. But all that stuff can be outsourced. I remember on BiggerPockets once I love Joe Fairless I mentored for him, but someone on his team commented on one of my bigger pockets post once and I was like Hey, has anyone heard of outsourced deal underwriting? I really hate the process. And I got crushed. This was like four years ago, I got crushed all these keyboard warriors coming out of the woodwork. One of them was Joe's friend on Steam. And they were like it's that's just stupid. It's not possible. I'm like, You're stupid. You think Bill Gates skills, that company doing everything himself? He's got 400,000 employees. Do you think Jeff Bezos is screwing bolts together in a factory? You don't understand business, you need to scale with people, systems, processes operations. So like, Yeah, I mean, hey, I'm a solopreneur. But I love having just outsourced contracted labor. I don't want employees either. But you know, there are people that are competent can do these jobs. I mean, it gets me fired up. It's just funny, but it's just like, do it. So that's what I would say start with one task, a small simple task. It can be creating a banner for your Facebook group, or your Facebook profile, or Instagram posts. If you want to grow your social media. We just hired a full time social media manager. I started with one task on social media create banners for my Facebook groups. And I was like, that's kind of cool. I don't know how they did that. But it just scales and then it's like you figure it out. So but hit me up and ask questions. Again. I'm really into So I love it.   Sam Wilson  10:00 Yeah, absolutely. I think that's a great way to build, like you said, wanted to offload tasks that you don't need or should be doing or want to do. I mean, that's the thing is it's not even, I think it goes beyond even one to do. It's even what's the highest and best use of your time. You need to focus on, you know, revenue, creating value, creating tasks inside your company, not creating banners for Google, or for your Facebook, whatever group you were talking about there. So that's really, really important. I love that. How have you strategically, I mean, there's a lot of art in underwriting deals. And I think that's maybe where you got the blowback, right, where it's like, oh, like, there's as much local knowledge, there's as much interfacing with the realtor figuring out, especially if you're doing Airbnb properties, what the demand generators are, like, how do you overcome some of those more subjective things in underwriting a deal, and then teach someone else how to do that.   Jonathan Farber  10:55 So one thing that I always try to do is just make everything quantifiable, everything measurable, it's good for our processes. It's good for training vas. And it's also good for teaching students because no one wants to get like a hazy, like, you know, maybe so I kind of look at it like that old adage. If someone can't explain it to you simply they don't know how to do it. You know? So if you ask someone, Hey, what are the five drivers of a market? What websites do you go on? What boxes do you need to check to see that this neighborhood is good for where you're looking? Most operators have no idea how to do that. They're just going off? Oh, a realtor told me this was a good area or, you know, I have another deal nearby and it's pretty good. That's bullshit.   So you know, originally with this, I was following Neil Bala. He's awesome. I would say more into Airbnb and furnished rentals just for the returns, Neil is amazing. He's, I would aspire to be like, Neil, but in the short term space, Neil Bala he has virtual systems run his multifamily business. He's got a couple of US based managers, and then a lot of his operations is run by vas. But yeah, as far as like, how to underwrite a deal or analyze an area, it's, I mean, it's really just coming up with that process. So for me, as far as like analyzing, and this is furnished rentals and Airbnb ease, we have a process to just scan areas off 10 different criteria. So it's like how many drivers are there in an area as far as colleges, natural attractions, parks, hospitals, new development, new hotels, things like that. So we have maybe like five to seven of those drivers that will form in an area. And what we ideally like to see is, you know, new construction of hotels. So we'll keep all that documented, and kind of just like a step by step sheet if we're looking at a new area. So how many new hotels are being developed? How many reviews of the current hotels have called the hotels and see how booked they are in peak season, speak to the person see if you can get a room for 30 days, 60 days, 90 days, a lot of times, you can't, then we have a process to look at comps in the area, we'd like to find the top 10 comps in any area to see what they're charging per night. And for how long? If their calendars blocked off? We'll reach out to the host and see is it blocked off? Because you're staying there? Do you have an off platform booking? Or is it an extended stay guests? And from there have a good enough? And then we also have a deal with AirDNA where you know, we have a country license, and we can look at a lot of the revenue and you know, that's just basically got a good data scraper. It's probably equivalent to like, what's that multifamily tool?   Sam Wilson  13:22 Coaster?   Jonathan Farber  13:23 It's equivalent to costar? Yeah, exactly. So between those things, and obviously there's some more detailed to it. But we just want to have a process that's measurable. Are there multiple hotels? Are there attractions that have over let's say, 100 reviews? Are there other 10 other really good Airbnbs in the area that you can model and comp and look at their calendars? And then from there, what's their DNA, say? And then running the actual numbers on the deal? They can all do that. What I usually do the one thing that's not I would say as measurable and this is just a little thing is that usually you can't really measure like design elements. So if I say this house is nice looking or you know, it's designed well, that's tough to quantify, you know, we couldn't go through it and say, Do you think the finishes are within three years old? Does it have quartz countertops? Does it have laminate? You know, is it well kept in front? To me, that's not worth it, I will still go through the pictures of any property that gets reviewed or submitted. And I'll vrna those at the beginning. And then those will go off. If I favorite a property, it'll go off to VA, and then they'll look at it and they'll do the analysis. But the analysis doesn't take that long. It just again, going through a checklist and then we'll talk to a broker then we'll talk to a property manager, and we'll get a feel for the area. And then usually if we need to, if we want to get a property under contract, we'll offer first and then someone will go see it. And then you know, that sort of thing. It's not need to see it first before offering which I know is a little different than other people.   Sam Wilson  14:49 Right? Yeah. I wonder well, there's a question that goes along with that. Do you get blowback when you make an offer before you see it?   Jonathan Farber  14:56 No, honestly the thing that I see no and this is just like a tip that I had to learn, and I think a lot of beginners get wrong is the only blowback I see working with brokers is just ghosting them when they send you a deal. You know, like people think, Oh, I'm gonna hurt the brokers feelings if I see a deal that's not good. And I don't want to tell them that, like tell them that, like they need feedback. I was like I don't want to hurt their feelings, that's bullshit, let them know the numbers don't work, send them back the analysis if you send them back the analysis and tell them why they'll actually respect you more because now they know you've healed criteria, but just not responding though. But brokers I found they it's the opposite. They respect us so much more. The second we start making offers they're like this person is serious, not another tire kicker you know, as estate investor. So any deal we send them or pre approval or lending docs, we send them a screenshot of our bank statement showing we have cash, we're ready to go and then when we get a deal within 24 hours it's sending back why I like it, why I don't like it. And let's keep moving you know, that sort of thing. Tactical dynastic,   Sam Wilson  15:59 absolutely love that. Talk to us. One more thing I want to highlight here before we have to sign off, which is monetizing social media. That's something else that you're known for. And a lot of people especially in the commercial, real estate's bass really struggled just getting content out there. But talk to us about what that means for you and how you do it   Jonathan Farber  16:17  First thing, and these aren't like strings attached, asked if anyone is looking for a social media manager. I just did like a round of hiring. And I have like probably eight that were great, but I just there was one that I had a better connection with. So I can recommend and introduce you know, your listeners, are you. I'll probably just make a social media post about the next week. But yeah, if you just DM me or say like social media manager, again, one of my assistants can tee that up again, not me because it's just great to have that you know, but we'll do it because it's good value, but they were great people so get help. Like, what I have found is most real estate operators. They're great at real estate operating horrible at social media, horrible at marketing, like it's just cringe. So get help, like stay in your area of expertise, so stay in your area of expertise, buy skills and buy leverage in places that you can just get better.    Jonathan Farber  17:11 So yeah, first off, social media is crazy. I started it originally with like Joe Fairless when I was like alright, syndication podcast, I gotta raise money, did the daily podcast for a long time started a Facebook group stayed super consistent. Now it's just trying to do more on everything and just trying to cultivate where the attention is, which two years ago was like Tik Tok, and I know Tik Tok. It's a weird thing. It's a kid's place. It's girls dancing. It's all this weird crap. But it's where attention is. So I just started going hard on tick tock, and again, it was simple tips. It was, here's how you find a realtor. Here's how you analyze a deal in 60 seconds. It was, you know, here are the five areas I'm looking at and why super simple stuff that like most operators with experience would roll their eyes at but the beginner or the person who's in their job that they hate is like, I love this guy, right? And within three months, that account hit 100,000 followers. Okay, so goes to 100,000 then all those people start going other places, they start touching other parts of your brand, Facebook, Instagram, YouTube, other places that you can monetize. And just by having now I think about 150,000 on Tik Tok, maybe like, and again, I had 2000 followers on Instagram last year or a year and a half ago, this time, I had no tick tock a year and a half ago this time. Now, Instagram, maybe like 28,000 just from brands and affiliates and sponsorships alone, I make about eight to $10,000 a month just for making five videos just for a brand that says hey, shout us out. That's crazy. Or we'll have an affiliate link for a product that I already use, like AirDNA, or a course that I took on notion or productivity. I just put it in my bio, every couple of days someone buys it when they buy it, I get to 300 bucks. That's just for having a brand. I like money that comes in while I sleep. Rivets through real estate, if it's through affiliates, if it's through content, whatever if it's from cutting up clips of this podcast, these are gonna be 50 tiktoks Like literally what this is. So it's that sort of stuff repurposing, but yeah, I mean, then it's sponsorships for Facebook group sponsorships for podcast, AdSense from YouTube, all these things like we have a high ticket program for teaching. We have a low ticket program for teaching and then the sponsored stuff all because of social media. And again, I was adamantly against social media like two years ago I was like, That is so weird. Like this dude is trying to be an influencer. Now. I'm like, It's easy money, like it's money that you could just make.   Jonathan Farber  19:41 So I'm still scratching the surface. I have friends that are making 2030 $40,000 a month from like five posts. And I'm like, What is going on here? They have bigger followings than me but I'm like, why not just do that like take do that take that money invested in real estate like That sounds pretty Be good to me. Like, I know how the real estate works. Like I'm learning more about social media, but why not? And so my advice for that, I don't know when this is gonna be out. We're filming this March 15 2020 to make three tiktoks a day. It should be prioritizing your business. I have a calendar event on my calendar every day, make three tiktoks It doesn't matter what I'm doing. That is one of the biggest drivers for me financially. Anytime I don't make tech talk. I don't think about it. Like I'm not making money. I think about it. I'm losing money, right? Because even my video on Tiktok gets 800 views. That's 800 new people that see my face 800 people that could give me money to teach them we're invest in a deal or to bring me a deal or partner in a deal. You just you want attention attention is currency. It's like you never know who can help you with what. So social media I think he's a beast. If anyone is against it, get help hire somebody or just Buck up, start creating tiktoks or YouTube YouTube is phenomenal. We're doubling down on YouTube and Tiktok just for repurposing. There's so many repurpose potentials in those. And that's pretty much it.   Sam Wilson  21:02 I love it. Jonathan, thanks for taking the time to come on today and just share us kind of your behind the curtain secrets of what it is that you were doing, you know, scaling your business with the use of virtual assistants and monetizing social media. There was so many things in there that yeah, we're just absolutely awesome. So thanks for taking the time today to come on. If our listeners want to get in touch with you or learn more about you. What is the best way to do that?   Jonathan Farber  21:23 Probably Instagram on social media, everything is just @jonjfarb. Shoot me an Instagram message we give away most of our templates had analyzed in Airbnb, we have a wonder comparison, we have a market comparison template, we have a furniture checklist. So we give all that stuff out just in return to hopefully get more followers on the stuff on the channels. So hit me up on any of those if you just maybe even googled my name Jonathan Farber real estate, we have a website you know, probably the last place I check if everything in our like thing. But yeah, we just tried to create content and our whole brand is you know how to get someone their first Airbnb deal in 90 days. totally doable. But yeah, all those platforms. So hit me up. I love interacting with people and seeing if we could help. Awesome. Thank you,   Sam Wilson  22:09 John, and have a great day. Alright,   Jonathan Farber  22:11 see you later. Thank you again.   Sam Wilson  22:12 Hey, thanks for listening to the  How to Scale Commercial Real Estate Podcast if you can do me a favor and subscribe and leave us a review on Apple podcast, Spotify, Google podcasts, whatever platform it is you use to listen if you can do that for us. That would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening and thanks so much and hope to catch you on the next episode.

Jonathan Farber: How To Find Your Rhythm To Things Meet Jonathan, is a side hustle real estate investor.  He was able to achieve financial freedom at 27 and leave his corporate enterprise technology sales job to focus on traditional rentals, short term rentals, airbnb arbitrage and wholesaling, podcasting and course creation. He started with househacking from 21-25 and then started buying traditional rentals and short term rentals with creative acquisition and financing strategies. Jonathan has done this through the use of virtual assistants, systems and a few close team members.  He has trained and hired over 5 VA's who currently help with the day to day and growth of the business. Jonathan grew up in New York and currently splits time between Raleigh, North Carolina, Florida and Long Island. He played golf for Hofstra university and still loves to play. His podcast - Millennial Millionaires Through Real Estate averages over 2000 downloads per week as one of the fastest growing real estate shows helping young real estate investors achieve financial freedom through creative strategies.   What You Will Discover:  [3:37] A Good Handle On Time Management [15:49] I Don't Want People Problems [25:11] Living A Lean Life, Reduces Stress [33:57] A Disconnection Between Their Goal And Their Actions [40:47] Expect Nothing From Anyone [43:25] I Test People   Relevant Links:  Instagram: https://www.instagram.com/jonjfarb/?hl=en YouTube: https://www.youtube.com/channel/UCZSsPp1_ZwurdZZAKYNo1nw LinkedIn: https://jonfarber.co/   To learn more about what we do and how we do it. SUBSCRIBE and SHARE this episode with someone that could get value from it. Don't forget to VISIT our website: https://www.austinlinney.com/ To explore more ways that you can benefit from our amazing content.   #podcast

One of the most popular avenues to total financial freedom comes through real estate investing. Jonathan Farber shares his different tactics that have enabled him to become financially free in his 20s, as well as how he has built and scaled an Airbnb empire you can replicate in your own life. I can attest firsthand to Jonathan's confirmed success and insane business acumen. This episode is packed with incredibly valuable investing recommendations! Want to retire early through real estate? Visit Jonathan's website at: https://jonfarber.co/. To subscribe to his YouTube channel, visit: https://www.youtube.com/channel/UCZSsPp1_ZwurdZZAKYNo1nw. Want to join a community of freelancers? Receive free feedback on your Fiverr gigs and services? Join my group "Freelancing Mentorship with Alexandra Fasulo:" https://www.facebook.com/groups/3715810965116993. Alexandra Fasulo 'the Freelance Fairy' is a Fiverr millionaire, Fiverr PRO copywriter, and host of the Freelance Fairytales podcast. She is a recognized gig economist, CNBC Make It financial independence success story, and mentor to millions of people looking to break into freelancing. Alex's website: https://alexfasulo.com/. Follow Alex on TikTok: https://www.tiktok.com/@alexfasulobiz?lang=en. Follow Alex on Instagram: https://www.instagram.com/alexandrafasulo/. To learn more about turning any side hustle into a 6-figure business, visit: https://mentorcamp.mykajabi.com/ultimate-side-hustle.

Jonathan Farber is a side hustle real estate investor. He was able to achieve financial freedom at 27 and leave his corporate enterprise technology sales job to focus on traditional rentals, short-term rentals, Airbnb arbitrage and wholesaling, podcasting, course creation and leads a mastermind group of people looking to get started in real estate investing.  [00:01 - 05:10] Financial Freedom NerdLet's get to know Jonathan FarberDifferent level real estate investor[05:11 - 22:21] Right People and Right DirectionsAn accelerator to financial freedomWhy you should make small life sacrifices post-collegeCheck out Millennial Millionaires through Real EstateA great way to make relationships in 2021How to Find the Best Virtual AssistantsSimplicity brings out the best, leverage is a mustJonathan's Multiple Streams of IncomeSocial media and content creation[22:22 - 32:27] THE FINAL FOURWhat's the worst job that you ever had?Cold callingWhat's a book you've read that has given you a paradigm shift?Best Ever Apartment Syndication BookWhat is a skill or talent that you would like to learn?Scaling, hiring, and keeping employeesBookkeeping and accountingWhat does success mean to you?“Going to bed the night before and looking forward to the next day."Putting actions behind your wordsConnect with Jonathan. Links available belowResources Mentioned:The Checklist ManifestoOnlineJobs.phTweetable Quotes:“By defining the process, you find improvements in your own process.” - Jonathan Farber“Start small, build a process, outline your steps." - Jonathan FarberConnect with Jonathan through his Website, Instagram, YouTube, and Facebook.LEAVE A 5-STAR REVIEW by clicking this link. WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Support the show (https://www.buymeacoffee.com/weissadvice)

✏️ Bio & Podcast Show Notes

Jonathan Farber achieved financial freedom at 27. He left his corporate enterprise technology sales job to focus on traditional rentals, short-term rentals, Airbnb arbitrage, and wholesaling podcasting, and course creation. He leads a mastermind group of people looking to start real estate investing. He started with house hacking from 21-25 and then started buying traditional rentals and short-term rentals with creative acquisition and financing strategies. Jonathan has done this by using virtual assistants, systems, and a few close team members. In this episode, Jonathan shares how things become more efficient and productive for him as he takes advantage of outsourcing tasks he doesn't like doing, are repetitive and is not good at.  Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you'll learn in just 17 minutes from today's episode:  Find out how you can be more productive and grow more your real estate business by leveraging virtual assistants Learn how you can start outsourcing to virtual assistants and free yourself of repetitive tasks and focus more on the essential things in your business Discover resources you can hire VAs for without costing you much Resources/Links:  Website: https://jonfarber.co/ Topics Covered:  01:52 - How has his real estate business benefited from having VAs around 02:32 - What is this 'root cause analysis' about 03:26 - His system for productivity 08:06 - Why outsource to a virtual assistant 10:23 - What more can you gain advantage from having virtual assistants 15:59 - Something you can start outsourcing  Key Takeaways:  "I think the mantra with VA is that 80% of something is better than 100% of nothing. It's like an overused, trite expression. But so true. We're all perfectionists. And what I think about with a lot of activities is root cause analysis, like why am I not doing the thing that I want to do?" - Jonathan Farber "I would say my system for productivity is a combination of like EOS, Traction, one thing, these are all books, but you know, just for me, like identifying what were the pieces that I like doing, that I'm good at doing? And then what are the things that I don't like doing and I'm not good at doing." - Jonathan Farber "I think there's really only three things that can't be outsourced, which are taking care of your body, making goals, and creating relationships. Other than that, I feel like almost everything tactically can be outsourced." - Jonathan Farber "I think the absolute easiest way is getting a logo done. I think for a lot of people, it'll open up the mind to the possibility of outsourcing something that in our heads would think is very, may be expensive or difficult." - Jonathan Farber Connect with Jonathan Farber:  Website: https://jonfarber.co/ LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group on Real Estate Mentorship Mastermind:https://www.facebook.com/groups/860025821084224/ Biggerpockets: https://www.biggerpockets.com/users/jonathanf29 Podcast Systems University Course: https://jonjfarber.clickfunnels.com/opt-in1613585347289 Connect with Dave Dubeau:  Podcast: http://www.propertyprofitspodcast.com/  Website: https://davedubeau.com/home  Investor Attraction Workshop: http://www.investorattractionworkshop.com/  Facebook: https://www.facebook.com/thedavedubeau  LinkedIn: http://linkedin.com/in/davedubeau  Enjoyed the Podcast?  Please subscribe on iTunes for updates

This personal episode was sparked by a post that Jon made in the Millennial Millionaire Through Real Estate Facebook Group. The quote reads: "It doesn't matter if you make 1 million dollars per year.... If someone can tell you what to wear, what time to be at work AND can take it all away from you... You are not free. Jon dives into his personal experience in regards to this quote and his opinion on this controversial topic. ✅ Resources Book by Tim Ferriss: The 4-Hour Workweek

Aspiring professional golfer, Jonathan Farber, actively seeks out opportunities to work less and make more. He got his first taste of financial freedom through rentals and by knowing exactly where to buy them. Today, Jonathan walks us through his in-depth process for finding his next market to ensure he yields the best returns, and how you can do the same for your next investment.   Jonathan Farber Real Estate Background: Full-time real estate investor, podcast host, podcast course creator, real estate mastermind coach 7 years of real estate investing experience Portfolio consists of 4 buy and hold units, 5 short term rental properties, 2 flips, 3 house hacks, 4 wholesales, and 1 wholetail All real estate investments are completely passive Based in Plainview, NY Say hi to him at: https://jonfarber.co/ Best Ever Book: Best Ever Apartment Syndication Guide & Rocket Fuel       Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify

In today's show, I sit down with the mastermind, Jonathan Farber! Welcome back to another episode of the Real Estate Investing Made Simple podcast! Where Today, we're going to talk about the strategies he used to create his passive income & all of the exciting things he's up to now! Jonathan will give us some awesome tips and tricks that can help make you millions! Starting from the bottom, Jonathan worked his way up from a boring 9-5 job, to relaxing at home and making more money passively! Watch this full podcast to learn how he became Financially Free! If you got value out of today's episode, please head over to Itunes to give it an honest rating & review. And if you're watching this on Youtube, don't forget to hit that subscribe button so you don't miss future episodes! ↓Connect with the host, Bailey Kramer:↓ ---------------------------------------------------------------- Instagram: https://www.instagram.com/the_bailey_kramer Youtube: https://www.youtube.com/channel/UC743mBwYcmpRdxMi8juvJ4g Facebook: https://www.facebook.com/bailey.kramer.986/ ↓Connect with our guest!↓ -------------------------------------------- Youtube: https://www.youtube.com/channel/UCZSsPp1_ZwurdZZAKYNo1nw Instagram: https://www.instagram.com/jonjfarb/?hl=en LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Web: https://www.biggerpockets.com/users/JonathanF29 Email: jonjfarber@outlook.com About Our Guest: ------------------------------ Jonathan Farber was able to achieve financial freedom at 27 and leave his corporate enterprise technology sales job to focus on traditional rentals, short term rentals, Airbnb arbitrage and wholesaling, podcasting, course creation and leads a mastermind group of people looking to get started in Real Estate investing. He started with house-hacking from 21-25 and then started buying traditional rentals and short term rentals with creative acquisition and financing strategies. Jonathan has done this through the use of virtual assistants, systems and a few close team members. He has trained and hired over 5 VA's who currently help with the day to day and growth of the business. Jonathan grew up in New York and currently splits time between Raleigh, North Carolina, Florida and Long Island. He played golf for Hofstra university and still loves to play. His podcast - Millennial Millionaires Through Real Estate averages over 2000 downloads per week as one of the fastest growing real estate shows helping young real estate investors achieve financial freedom through creative strategies.

GUEST'S BIO  Claire Rosenberg is currently working as a Customer Success Manager at Linkedin and is managing 8 short term rentals for homeowners all remotely. She is a co-host of the Millenial Millionaire Real Estate Podcast with Jonathan Farber. She started her STR journey by joining Mike Sjogren's STR Secrets Mastermind coaching program and has scaled to 8 co-host properties in 8 months.  HIGHLIGHTS OF THE EPISODE  04:40 Claire Rosenberg's introduction and background 05:34 How Claire got into the STR industry and real estate investing 09:00 Claire's first short term rental deal  10:24 Claire's STR journey 12:26 The snowball effect of referrals 14:00 Claire's mindset switch scaling from 4 to 8 units 15:42 Problem-solving in business 16:35 Being emotional and passionate in business 18:32 Not every deal is a good deal 20:10 E's tip for cold calling 21:27 Co-hosting out of state 21:24 How Claire manages her STR business while working a 9-5 job 29:29 What is a "Runner" and why they're vital to your business 31:07 Taking care of cleaners 32:40 The reality of out of state co-hosting 36:22 The bare minimum attitude 38:32 Mike's time management tip  42:13 Acknowledgments to Claire 42:51 Claire's #1 secret to success with STR 44:15 How to connect with Claire NOTABLE QUOTES  "The more I think about the abundance that is available to us, the more I realize that I am allowed to say "no" and that something better is gonna come." - Emanuele Pani " I think we should wear our emotions on our sleeves and just live life like that because it's just more real." - Emanuele Pani "Not every deal is a good deal." - Mike Sjogren "Audit your time and be laser-focused on what you want to achieve, and you'll start moving the needle every single day." - Mike Sjogren CONNECT WITH THE GUEST  Claire Rosenberg: Instagram | Facebook | Linkedin Millennial Millionaire Through Real Estate Podcast Short Term Made Easy CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices

GUEST'S BIO Claire Rosenberg is currently working as a Customer Success Manager at Linkedin and is managing 8 short term rentals for homeowners all remotely. She is a co-host of the Millenial Millionaire Real Estate Podcast with Jonathan Farber. She started her STR journey by joining Mike Sjogren's STR Secrets Mastermind coaching program and has scaled to 8 co-host properties in 8 months. HIGHLIGHTS OF THE EPISODE 04:40 Claire Rosenberg's introduction and background 05:34 How Claire got into the STR industry and real estate investing 09:00 Claire's first short term rental deal 10:24 Claire's STR journey 12:26 The snowball effect of referrals 14:00 Claire's mindset switch scaling from 4 to 8 units 15:42 Problem-solving in business 16:35 Being emotional and passionate in business 18:32 Not every deal is a good deal 20:10 E's tip for cold calling 21:27 Co-hosting out of state 21:24 How Claire manages her STR business while working a 9-5 job 29:29 What is a "Runner" and why they're vital to your business 31:07 Taking care of cleaners 32:40 The reality of out of state co-hosting 36:22 The bare minimum attitude 38:32 Mike's time management tip 42:13 Acknowledgments to Claire 42:51 Claire's #1 secret to success with STR 44:15 How to connect with Claire NOTABLE QUOTES "The more I think about the abundance that is available to us, the more I realize that I am allowed to say "no" and that something better is gonna come." - Emanuele Pani " I think we should wear our emotions on our sleeves and just live life like that because it's just more real." - Emanuele Pani "Not every deal is a good deal." - Mike Sjogren "Audit your time and be laser-focused on what you want to achieve, and you'll start moving the needle every single day." - Mike Sjogren CONNECT WITH THE GUEST Claire Rosenberg: Instagram | Facebook | Linkedin Millennial Millionaire Through Real Estate Podcast Short Term Made Easy CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass

Jonathan Farber was able to achieve financial freedom at 27 and leave his corporate enterprise technology sales job to focus on traditional rentals, short term rentals, airbnb arbitrage and wholesaling, podcasting, course creation and leads a mastermind group on people looking to get started in Real Estate investing. His podcast - Millennial Millionaires Through Real Estate averages over 2000 downloads per week as one of the fastest growing real estate shows helping young real estate investors achieve financial freedom through creative strategies.   https://jonfarber.co/   Want to learn more about passive investing? Grab our FREE Course: https://www.passiveinvestorsclub.com/course Thank you and I appreciate you watching this video. Please like, subscribe, and share with others that you may find this valuable. Your comments are useful and help us generate better quality content based on your feedback.   Subscribe to my channel here:https://www.youtube.com/channel/UCb66-jA-WR4-LlJqp8Sn2wg?sub_confirmation=1   The Passive Investors Club is a community of like-minded individuals seeking financial freedom through passive investing in commercial real estate. More information about our club: https://www.passiveinvestorsclub.com Follow Me Online Here: Instagram: https://www.instagram.com/dwainelclarke/ Facebook: https://www.facebook.com/DwaineClarkeOfficial LinkedIn: https://www.linkedin.com/in/dwaineclarke/ Website: http://passiveinvestorsclub.com Twitter: http://twitter.com/dwaineclarke Medium: http://medium.com/@dwaineclarke SoundCloud: https://soundcloud.com/dwaineclarke Podcast: https://podcasts.apple.com/us/podcast/wealth-through-real-estate-investing/id1457606006 Spotify: https://open.spotify.com/show/7B2wIQyiMgrcEJoqBUJzRR    

Resources: Book by Dan Sullivan: Who Not How Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The Host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The Host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The Host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Millennials often get a bad reputation. People think they're lazy, entitled, lack work ethic, among other stereotypes. Some of these stereotypes may have some truth to them, but many times people overlook what millennials do well. There are some things millennials do right, and they may do even better than generations before them. It's important that we give credit where credit is due. Jonathan Farber is a successful entrepreneur and became financially independent and free by age 27. Jonathan is a great example of a successful millennial, and he helps clarify his perspective of millennials and other generations. Jonathan hosts the "Millennial Millionaire Through Real Estate Podcast." Jonathan shares about his millennial work perspectives and how anyone of any generation has the chance to fail or grow and become successful.

Millennials often get a bad reputation. People think they're lazy, entitled, lack work ethic, among other stereotypes. Some of these stereotypes may have some truth to them, but many times people overlook what millennials do well. There are some things millennials do right, and they may do even better than generations before them. It's important that we give credit where credit is due. Jonathan Farber is a successful entrepreneur and became financially independent and free by age 27. Jonathan is a great example of a successful millennial, and he helps clarify his perspective of millennials and other generations. Jonathan hosts the "Millennial Millionaire Through Real Estate Podcast." Jonathan shares about his millennial work perspectives and how anyone of any generation has the chance to fail or grow and become successful.

Resources: How I Built This with Guy Raz | Podcast on Spotify Book by Rolf Potts: Vagabonding Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The Host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

The basic idea behind house hacking is that other people are paying for your household expenses. Joining us in this episode is Jonathan Farber, sharing his expertise with house hacking and achieving financial freedom at an early stage of your career. Tune in to learn more! Key takeaways to listen for How to get started in real estate while you're employed Benefits of partnering with the right people Importance of hiring virtual assistants and outsourcing Ways to create better social media contents Steps to achieve financial freedom in real estate Resources mentioned in this episode The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich Free to Focus: A Total Productivity System to Achieve More by Doing Less The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It AirDNA About Jonathan Farber Jonathan Farber is 27 years old he lives in Raleigh, North Carolina. He started with house hacking from his early 20's and then started buying traditional rentals and short-term rentals with creative acquisition and financing strategies. He left his corporate job to focus on traditional rentals, short-term rentals, Airbnb arbitrage, and wholesaling, podcasting, and course creation. His podcast - Millennial Millionaires Through Real Estate averages over 2000 downloads per week as one of the fastest-growing real estate shows helping young real estate investors achieve financial freedom through creative strategies. Connect with Jonathan Website: Jonathan Farber Facebook Group: Millennial Millionaires through Real Estate Podcast: Millennial Millionaires through Real Estate Youtube: Millennial Millionaires through Real Estate TikTok: @jonjfarb LinkedIn: Jonathan Farber   Connect with Us To 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. Follow Me on Social Media Facebook: Javier A Hinojo Jr. Facebook Group: Billion Dollar Multifamily and Commercial Real Estate YouTube Channel: Javier Hinojo Instagram: @javierhinojojr TikTok: @javierhinojojr Twitter: @JavierHinojoJr

Resources: calltools.com propstream.com podio.com openlettermarketing.com launchcontrol.us slack.com Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The Host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Resources: Episode 220: How to Use The ONE Thing in Sales Book by Gary W. Keller and Jay Papasan: The ONE Thing Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The Host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Resources: tim.blog/podcast Book by Rolf Potts: Vagabonding Book by Michael S. Hyatt: Free to Focus Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The Host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Resources: sidecarhealth.com ehealthinsurance.com How to use your assistant properly to give you back 80% of your working day Book by Peter Drucker: The Effective Executive Book by Tim Ferriss: The 4-Hour Workweek The Serpent Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Resources: Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Resources: Book by Peter Drucker: The Effective Executive Seaspiracy Tony Robbins on Morning Routines, Peak Performance, and Mastering Money (#37 & #38) Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost How Jonathan achieved financial freedom: https://www.youtube.com/watch?v=oxHpMyLUdSQ MMTR Gainers Book Club: https://gumroad.com/l/qZAEE

Resources: buffer.com loomly.com How I Was Able to Leave Corporate and Achieve Financial Freedom at 27 Lighting for YouTube Videos - Make Your Videos STAND OUT! If I Were Starting A YouTube Channel In 2021 Jonathan's fundraiser to conquer childhood cancer Charisma on Command Noah Kagan Connect With Our Sponsor, Infinite Road Destinations: Contact Claire Rosenberg & Alex Breshears at: info@shorttermmadeeasy.com Website: shorttermmadeeasy.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

In this episode, Jonathan Farber brings back Chris Grenzig to continue the discussion on his path from jumping around between flipping tax deeds, and small multifamily, to amassing 40 units and starting his own property management operation. Chris is an investor and property manager based in Jacksonville, Florida. In this episode, we dive into topics like: education from a real estate firm, why you need a mentor starting off, how to best force appreciation, and more! Top Takeaways: Lessons from a real estate investing firm - 9:45 - 12:15 Especially if you’re at a small company, you can assume a lot of responsibility with some support You get the chance to master your assigned tasks under the tutelage of seasoned players You also may get exposure to other aspects of the business that will help you down the line The value of mentors - 12:30 - 14:30 Even if you have a bit of your own solo experience, living in the institutional world immerses you The more you can leverage the experience around you the faster you can learn If you can find a job in the business, you can literally get paid to train yourself for the future Finding the best ways to force appreciation - 27:15 - 30:30 Consider comps as a baseline for where you can take your units reasonably easily The more data points you can compare to the better your conclusions will be Include potential outcomes where your new rents are either lower or higher than your target How to bring value to Chris Grenzig: Check out his social media and podcast Resources: #15 with Chris Grenzig: The Power of Mentorship and a Rock Solid Corona Game Plan Social Links: biggerpockets.com/users/ChrisG149 @chris.grenzig linkedin.com/in/chris-grenzig thereiexp.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

In this episode, Jonathan Farber and Claire Rosenberg reflect on 200 episodes of the Millennial Millionaire Real Estate Podcast. In this episode, we look back on topics like: tackling any challenge, why to start a podcast, practice makes better, and more! Top Takeaways: Everything is figure-outable - 29:00 - 30:15 You won’t know how to do anything the first time Don’t let your fear of ignorance stop you from trying it Starting will be the hardest part but the payoff at the end will be huge The open secret of starting a podcast - 30:30 - 31:15 One new thing and a good habit can change your entire life direction Meeting 200 new people in an industry you want to be in will make a world of difference You may think little of it at the beginning but you can’t know the outcome The difference practice makes - 31:15 - 32:30 Everyone overestimates what they can do in a day but underestimates what they can do in a year Everyone is bad at everything until they start doing it By the time you realize how much better you are, you’ll be well on your way to your dreams Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

In this episode, Jonathan Farber interviews Paul Thompson on his path from choosing real estate to live life on his schedule to completing more than 20 deals every month between flips, wholesales, and BRRRRs. Paul is a high volume investor based in Little Rock, Arkansas. In this episode, we break topics like: getting off on the best foot for success, building the workflow for your desired volume, putting your virtual assistants to best use, and more! Top Takeaways: Setting yourself up for success - 13:45 - 18:00 The prime market for this is a secondary market near a somewhat smaller city Within your chosen market, pick a highly specific niche and stay in it If you want to reach 20 deals a month you need to ask 100 people a day Creating a high volume workflow - 18:15 - 21:45 Lists for your niche can be pulled from a multitude of sources You can scale your outreach quickly using virtual assistants Implementing a CRM can be the difference between converting leads or not Implementing virtual assistants - 25:45 - 27:15 Don’t make the mistake of forgetting that your VAs are real people with real lives Especially in the Philippines, the culture of service gives you power over your employees Small gestures like adjusting pay for 13th month bonus show recognition How to bring value to Paul Thompson: Check out myfreedomfoundry.com Resources: propstream.com reiblackbook.com Book by Bronnie Ware: The Top Five Regrets of the Dying Social Links: biggerpockets.com/users/toolsoup myfreedomfoundry.com pauldavidthompson.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

In this episode, Jonathan Farber interviews Matt Whitermore and partner Dan Odabashian on their journey from their separate but similar starts as small time investors to creating a high-equity portfolio of over 75 properties. Matt and Dan are a multifamily investor group based in Albany, New York. In this episode, we dig into topics like: when to get started in multifamily, creating a foundation for rapid growth, keeping investors interested after first contact, and more! Top Takeaways: How early you should start into multifamily - 14:30 - 17:30 Think bigger earlier and grow as fast as you can The scale of multifamily operations is the single biggest gain you can make You don’t have to jump straight in, though - you can establish a track record first Laying out your strategy for rapid growth - 18:30 - 23:00 If you set a goal it becomes clear what path you need to take to meet that Even in the beginning, marketing and systems infrastructure can get started that will keep helping Always be telling people about your business, no one will invest if they don’t know you’re investing Keeping potential investors on the hook after they’ve shown interest - 26:45 - 29:30 Quite literally anyone you encounter could become an investor with you Anything you can do to help solve someone’s problem or show your expertise is great Once you have the record for it, you can get soft commits for any deal you may find Resources: Book by Hunter Thompson: Raising Capital for Real Estate reonomy.com Social Links: biggerpockets.com/users/mswhitermore newscotlanddev.com matt@newscotlandcapital.com dan@newscotlandcapital.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

In this episode, Jonathan Farber shares his thoughts on his move to Florida and recent business updates. In this episode, we jump into topics like: adapting to a more nomadic lifestyle, the smart way to expand your social media presence, Jonathan’s win of the week, and more! Top Takeaways: Insight into creating a nomadic lifestyle - 2:15 - 5:30 A change in scenery can create an almost magical transformation in your energy and creativity Willfully shaping your days by where you choose to live has the power to make you more fulfilled Many places have astonishingly cheap short term rental options for outstanding places Growing a social media presence with the right guidance - 6:00 - 7:30 Even with an in-house social media manager, experienced consultants can speed development The beauty of using consultants is they can be brought in as little or as often as needed Tools like Buffer can systematize your social media platforms just like your real estate ops Short term rental payoff - 7:45 - 9:45 When you’re in the grind it can feel arduous to be focusing on all the tiny details Once that frontend work is done, though, stepping back and letting it play out is a load off If you’ve done it right, you’ll see the rewards start rolling in Resources: buffer.com Pack Hacker on Youtube Book by Peter Drucker: The Effective Executive Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

In this episode, Jonathan Farber interviews Viktor Jiracek on his road from leaving a stagnant job to take up real estate to shooting for 30 flips in a year with 20 a year already done. Viktor is a distressed property specialist based in Gainesville, Florida. In this episode, we get into topics like: creating lead flow, understanding the cold calling timeline, negotiating offers with leads, and more! Top Takeaways: Generating lead flow through cold calling - 17:00 - 20:00 Find a way to get a list of motivated sellers - ListSource is a good example Skip trace your list to get the best possible contact info for the owners Use an autodialer to get through your list much faster Setting a realistic timeline from starting calls to cashing in - 27:30 - 28:45 Spend the first two weeks just settling into your system and working out the kinks Once operational, expect somewhere in the vicinity of 1 lead per hour and 1 deal per 15 leads When you’ve found a deal you should expect about a month of lag before you hit payday Negotiating the offer when you find a lead - 30:45 - 33:30 Start at a lowball offer with a clean ending, to get the ball rolling Keep your offers below theirs, but get more specific each time You can create the illusion of approaching a price limit just by refining your offer How to bring value to Viktor Jiracek: Check out Six Figure House Flippers on Facebook Resources: listsource.com skipgenie.com mojosells.com Book by Christopher Voss: Never Split the Difference hubspot.com Social Links: biggerpockets.com/users/ViktorJ3 facebook.com/viktor.jiracek.5 facebook.com/groups/sixfigureflippers Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

Getting back to the stage at SAK Comedy Lab. Photo by Jonathan Farber on Unsplash.

In this episode, Jonathan Farber brings back John Cohen for his second episode on his path from bringing his tax expertise to his real estate start to having held over a total of 4,000 units through 27 deals. John is an experienced multitalented investor based in New York. In this episode, we delve into topics like: balancing risk and aggressive deals, what first steps to take in real estate, looking towards opportunities post-pandemic, and more! Top Takeaways: Drawing the line between making an aggressive deal and keeping yourself safe - 11:45 - 17:30 There will always be a few who take it to a truly careless level of risk Stay forward thinking and include future economic changes in your underwriting The more aware you stay of the financial trends, the better you can ride that line Starting over in real estate today - 19:00 - 21:45 The number one thing you can do is build yourself a mentor relationship by providing value Put your financial gain on the back burner and soak up as much as you can If you can do the things no one wants to do better than anyone else, you’ve become irreplaceable Preparing for real estate in the post-pandemic world - 28:00 - 32:15 Consider whether you really need an office as your biggest fixed expense Being able to be in the same room as your colleagues doesn’t mean you need to go back to that Consider what that amount could be put towards that would bring you more revenue Social Links: biggerpockets.com/users/JCPropertyGroup john@tororep.com facebook.com/John-Cohen @john_jc linkedin.com/in/john-cohen Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

In this episode, Jonathan Farber brings back Jon Schoeller for his second episode on his journey from moving into real estate entrepreneurship to flipping over 150 houses with his partners using private money. John is a flipper and long term investor based in Charleston, West Virginia. In this episode, we dive into topics like: challenges faced by an established flipper, how a mature flipping operation is run, should a new investor flip or wholesale, and more! Top Takeaways: Biggest challenges for a scaled flipper - 13:15 - 15:00 Once you’ve settled on a system that works, the only remaining struggle is keeping it working Anything that adds friction can be optimized out, bu that leaning takes effort As you grow your options grow too and staying focused is harder The model for a mature flipping operation - 15:45 - 19:30 Once you’re established in an area, your inbound marketing will grow and leads will flow Subcontracting the acquisitions team means you only pay for what you use Even with the intent of flipping, it’s smart to leave your exit strategies open for maximum gain Whether beginners should flip or wholesale - 20:45 - 23:30 Wholesaling is usually the way to go because of the low capital investment Flipping effectively is often its own full time job, so if you want to keep your W2 start elsewhere Much of the tasks for wholesaling can be done in spare time outside a normal job How to bring value to Jon Schoeller: Check out his Youtube channel and investing Discord Resources: Millennial Millionaire Real Estate Podcast #13 with Jon Schoeller: Veins are Popping and Value Add Central oncehub.com/scheduleonce rehabvaluator.com Social Links: biggerpockets.com/users/JonSchoeller @thefrugalinvestor Jon Schoeller on Youtube patreon.com/itsmorethanmoney Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

In this episode, Jonathan Farber provides a look into what he’s thinking about in recent weeks. In this episode, we dip into topics like: living your best post-W2 life, putting together your remote property management team, learning to run your business, and more! Top Takeaways: Life after the W2 - 2:00 - 7:00 Leaving your corporate job won’t instantly tell you what you really want - it takes time to reflect You have a lot more of that time though; you decide what you do with your days Take advantage of your newly open schedule to sort yourself out Building the basic property management team - 8:30 - 9:45 If you’re sticking to the essentials, you need a runner, a cleaner, and a handyperson These three roles can do everything that you can’t if you’re in a different state The success or failure of your property can hinge on who you choose, so be thorough Entrepreneurship 101 and how to run your business - 12:00 - 13:00 Resources like Valuetainment have tons of free content to get you started Like elsewhere in real estate, there are also tons of groups and masterminds to join If you have no experience in hiring, paying, or managing people, start there Resources: Book by Michael Hyatt: Free to Focus Valuetainment on Youtube Book by Viktor Frankl: Man's Search for Meaning Book by Bob Burg: The Go-Giver Book by Grant Cardone: The 10X Rule Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA Cracking Superhost course: https://classes.milliondollarrenter.com/courses/cracking-superhost

In this episode, Jonathan Farber brings Mike Ealy back to the show on his road from his first real estate career in the 90’s to grasping the opportunity that the pandemic presented when it threatened his business model. Mike is a hotel and apartment investor with over $1.5 billion under management. In this episode, we dig into topics like: a growth mindset in tough times, scaling yourself as you scale your business, continuing after you reach financial freedom, and more! Top Takeaways: Keeping the mindset to grow when everyone else shrinks - 10:45 - 15:45 Remember that normally in a downturn hospitality is hit first - that didn’t happen Interest rates have dropped low enough to convert premium assets into creating cash flow The temporary disruption has also created the chance to convert properties to whole new classes Matching the size of your workload to the size of your deals - 19:00 - 21:15 The bigger the deal is, the more important your team is to your success You don’t have to limit yourself to one group for everything - the team should match the operation The more you can pass off the minutia to a dedicated team, the more you can do on your own The drive to keep expanding after financial freedom - 22:00 - 25:30 While you may indeed reach your initial financial life goals, what will you do after that If you’ve gotten this far you probably love what you’re doing The more time you free for yourself the more time you have to reflect on your true motivation How to bring value to Mike Ealy: Check out his Big Deal Hacking System masterclass Resources: Book by Spencer Johnson: Who Moved My Cheese? Social Links: biggerpockets.com/users/MichaelEaly bigdealhacking.com https://www.facebook.com/groups/apartmentinvestingsecrets/ @mikeealynassau https://www.linkedin.com/in/nassaumikeealy Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

In this episode, Jonathan Farber interviews Mike Brown on his path from finding rental arbitrage as an accessible new stream of income to collecting seven arbitrage units in a year and creating a real estate podcast. Mike is a clean housing investor based in Dallas, Texas. In this episode, we delve into topics like: tracking your income across all your units, creating units that match your customer base, optimizing your workflow to minimize your time invested, and more! Top Takeaways: Keeping track of your income per unit - 13:15 - 16:45 Selecting your units can be done by simply setting a lower limit on monthly profit Remember that month to month, profit will vary, especially in some locations and with holidays Data driven tools like AirDNA and PriceLabs can keep your pricing balanced with demand Tailoring your units to a specific class of guest - 17:30 - 20:15 2 and 3 bedroom apartments or detached houses are growing in popularity A house can be a highly configurable unit class since it can be rented whole or by room Your choice of market will determine your most frequent renter type, so cater to them Making the best use of your time with automation - 21:15 - 26:00 You don’t have to decide between entirely self managing and entirely using pro management Tools like Smartbnb and TurnoverBnb can make many tasks happen automatically Getting proper insurance will also keep you covered in STR specific situations How to bring value to Mike Brown: Check out his podcast 3P Theory Resources: airdna.co hello.pricelabs.co smartbnb.io turnoverbnb.com getawair.com Social Links: @mcharlesjr 3ptheory.com linkedin.com/in/mbrownjr Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

In this episode, Jonathan Farber interviews Marcus Merchant on his journey from learning about real estate investing on a red eye corporate flight to completing three deals since March 2020 as a growing investor. Marcus is a long distance real estate and crypto investor based in California. In this episode, we dive into topics like: getting comfortable investing out of state, challenges finding creative financing for small properties, creating your strategy for distance investing, and more! Top Takeaways: How to get comfortable investing across the country - 10:45 - 12:30 A major overlooked benefit is if a deal does go sideways, you may be out 5 instead of 6 figures The exit strategies in an expensive market are limited compared to an affordable market Expensive markets are generally much less forgiving to new investors Creative financing challenges in small dollar properties - 16:15 - 18:00 Hard money lenders typically don’t want to lend less than around $100k, to $50k at the lowest Because of the surrounding costs, a loan can become predatory below these levels The return for the lender at such small amounts is also smaller than needed Developing an out of state investment strategy - 23:15 - 25:30 Local Facebook investor groups are a fantastic way to network and build connections If a name like a contractor comes up from multiple sources, they’re worth talking to A thorough inspector can save you thousands or more on closing or from a disaster How to bring value to Marcus Merchant: Looking for JV partners on flips and midsized multifamily Resources: blockfi.com Social Links: facebook.com/marcus.merchant linkedin.com/in/marcusmerchant connectedinvestors.com/member/marcus-merchant-1 Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

In this episode, Jonathan Farber talks about his recent departure from his W2, along with other updates. In this episode, we jump into topics like: should you leave your job starting when in real estate, optimizing your new STR, and more! Top Takeaways: Whether or not to leave your job when starting real estate - 10:00 - 13:00 The most efficient route is to use your W2 benefits to build cash flow for as long as possible Especially during the pandemic, with remote work available you have extra flexibility Get as many loans, refinances, and lending relationships set up as you can before leaving Creating the most effective STR with a new property - 14:00 - 15:30 Do your best to tailor the space to your anticipated customers If you expect more families, incorporate more aspects appropriate for kids If you expect larger groups, figure out how you can maximize the number of beds Resources: Book by Viktor Frankl: Man's Search for Meaning Book by Grant Cardone: The 10X Rule Book by Peter Drucker: The Effective Executive Book by Donald A. Miller: Business Made Simple Book by Justin Donald: The Lifestyle Investor Book by Morgan Housel: The Psychology of Money Connect With Our Sponsor, MartelTurnkey: martelturnkey.com Schedule a Call info@martelturnkey.com Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA

In this episode, Jonathan Farber interviews Matt Thomas on his journey from over a year ago when Matt was last on the show to scaling by more than 50% during the pandemic. Matt is a high performance residential broker in Chicago, IL. In this episode, we dive into topics like: jumping into action during a slowdown, scaling massively and effectively, creating and using drip campaigns, and more! Top Takeaways: Taking the opportunity to leap forward when everyone else is stopping - 11:00 - 12:00 The core elements of your business won’t change, so make sure you’re doing those regardless In the areas that your competitors are backing off, position yourself to pick up the slack This is the best way to extract extra growth relative to the market as a whole How to handle massive scaling - 14:45 - 18:15 One of the biggest challenges is knowing when you need more people to stay efficient Try to identify your maximum output - where can you no longer get your best result Expanding should be a combination of new people for tasks and new systems for automation Implementing drip campaigns and other ways to stay top of mind - 19:45 - 22:30 Your CRM should get you on the right path by allowing frequent touches While you can get a bunch of leads cheaply from social ads, drip campaigns help convert leads Once someone starts to engage, then you can bring full service to them and build the relationship How to bring value to Matt Thomas: Find him on social and engage Resources: buffer.com lolo.gifts Book by Steve Sims: Bluefishing insiderealestate.com/kvcore cloudcma.com/real-estate-agents remine.com Social Links: bairdwarner.com/agent/106524-matt-thomas linkedin.com/in/mattthomaschicago facebook.com/mattthomas.bairdwarner Connect With The host, Jonathan Farber Here! jonjfarber@outlook.com LinkedIn: https://www.linkedin.com/in/jonathanfarber1/ Instagram: @jonjfarb Facebook: https://www.facebook.com/jonathan.farber.9 Facebook Group: Real Estate Mentorship Mastermind https://www.facebook.com/groups/860025821084224/ BiggerPockets: https://www.biggerpockets.com/users/JonathanF29 Youtube: https://www.youtube.com/channel/UCB8BJ8K5ILXdfOnsDWamVqw Schedule a time to talk: https://calendly.com/jonathan-farber/1-on-1-with-jonathan-farber-mmtr Apply to be a guest on the podcast here: https://forms.gle/YNmALHUvDvuMWVVFA