The Best Ever CRE Show

Today we’ll hear from a Cincinnati investor who is currently doing about 15 flips per year, and growing. Eric will share a lot of his experience with us today, he’ll reveal a lot of great information about the Cincinnati market and the range of deals he likes to tackle. We’ll also learn about his Master Lease Option deal that he is still working with. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “When you’re talking with the seller, you want to keep the numbers simple” - Eric Kottner Eric Kottner Real Estate Background: Full time investor since 2006 Has done 15 of his own flips and owns 30 units Based in Cincinnati, OH Say hi to him at https://cincyturnkey.com/ Best Ever Book: The Productivity Graph Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

We are continuing our discussion and break down of the rent today. I don’t need to explain much here, if you want to know more about the rent roll for apartment syndication purposes, tune in. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Market rent is what the unit should be renting for, the current rent is how much the tenant is being charged” Free document for this episode: http://bit.ly/rentroll Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is all about the Rent Roll. What is it? How do you get it? Why do you need it? All of these questions and more are answered in this episode of Syndication School. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “By the end of these two episodes, you’re going to learn what a rent roll is, how to obtain it, why you need it, and other important things to look for” Free document for this episode: http://bit.ly/rentroll Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Corey saw real estate success early in life, not his own, but his step dad at the time was wildly successful, and it was from real estate. After that, Corey read Rich Dad Poor Dad and started his own real estate journey. He was doing well, a lot of people saw him as having massive success. But one day, he realized he was too consumed with work, missed his son’s game, and realized this was not his idea of success. Now hear how he balances real estate success AND family success. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I used to say I wish I could own an apartment building, but on that day I said, how can I own an apartment building” - Corey Peterson Corey Peterson Real Estate Background: Owner of Kahuna Investments, an apartment investing company Has managed and acquired over $95 million in real estate Host of the Multi-Family Legacy Podcast Based in Phoenix, AZ Say hi to him at https://kahunainvestments.com/ Best Ever Book: The Richest Man In Babylon Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Raising enough money to complete the large deals that John and his company do takes a lot of trial and error, and on the job learning. Figuring out what works and what doesn’t work when raising money can be a painful process, so can scaling a real estate business. Lucky for you, John shares his experience and knowledge on the show for free, so you can learn from his mistakes and successes. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Always be an integrity based business, do what you say you’re going to do, and be transparent” - John Rubino John Rubino Real Estate Background: COO/Founder of JID Investments Among many responsibilities, John raises private capital for projects, resulting in investment of $16.6M+ with revenue of $8.9M+ Based in Washington D.C. Say hi to him at https://www.jidinvestments.com/ Best Ever Book: How To Win Friends And Influence People Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we’re welcoming back James to share some passive investing knowledge with us. He recently wrote a book on the subject, and has spent a lot of his real estate investing career dealing with passive investors himself. If you are a passive investor, you’ll want to tune in and hear how to vet sponsors, deals, and other aspects to evaluate before handing over your hard earned cash. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Different asset classes have different timing requirements” - James Kandasamy James Kandasamy Real Estate Background: Owner of Achieve Investment Group Multifamily Sponsor owning approx 1,000 units in Central Texas Area with a focus on value add deals Syndicate large Multifamily Apartment properties by raising money from accredited private investors Author of the new book, Passive Investing In Commercial Real Estate: Insider secrets to achieving financial independence available here: https://amzn.to/2WZiFPn Listen to his previous episode: JF1273: Deep Value Add Apartment Syndications with James Kandasamy Say hi to him at http://achieveinvestmentgroup.com/ Based in Austin, Texas Best Ever Book: Think and Grow Rich Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Brent is back to share more great knowledge with us (see his first episode below). He is an investor in Detroit, focusing on the revitalization of the city. Brent excels at finding the areas of Detroit that are just beginning to turn around, and start buying before other investors catch on. How does he do it? Find out by hitting play. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “When you see young couple with kids and dogs in the area, and look completely out of place, you know there is something going on in that area” - Brent Maxwell Brent Maxwell Real Estate Background: Real estate investor whose personal and professional stories align with the recovery of Detroit Has a passion for the “limping” sections of Detroit and helps people buy into a piece of the city’s recovery Listen to his previous episode: JF1357: Identify An Emerging Part Of A Down Market, Invest, & Make Money with Brent Maxwell Bought sold & Brokered 1,000 doors of Detroit real estate with a volume of over $30,000,000 since 2005 Based in Detroit, MI Say hi to him at http://www.ipsrealty.com/ Best Ever Book: The One Thing by Gary Keller Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

For this week’s Follow Along Friday, Joe and Theo are answering another list of questions from a listener. This conversation can resonate with every level of investor because some of the tips and advice they offer are things we should always be working on, even if we consider ourselves real estate professionals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You have three paths to obtain the property, earn the money, partner with someone with money, or owner financing” Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 6: Two more deal finding case studies Yesterday Theo talked to us and walked us through an example of cold texting to find an apartment syndication deal. Today, we get two more case studies of deal finding. One case study is from Joe on how he was able to secure a couple of deals over every other investor fighting for one of them. The other case study is with a previous guest, Daniel Ameduri on how he eliminates his competition in the market. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Free document for this episode: http://bit.ly/freedoc9 Daniels episode explaining his strategy: https://joefairless.com/podcast/jf1106-how-to-find-owner-financing-deals-with-daniel-amedu Best Ever Tweet: “If you have someone who wants to downgrade to a 1 BR, you can send them to your property across the street” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 5: Cold Texting Welcome back to syndication school! This week, Theo is wrapping up the series on “how to find your first apartment community”. Today he’ll be covering cold texting owners of apartment buildings and communities. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “To find owners who are motivated to sell, you have a few options” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Growing up, Pete watched his Grandma own a lot of real estate and seemingly do whatever she wanted to do. He set goals to be the same way when he grew up. As life so often does, Pete was thrown some curveballs. He found himself homeless, joined the Navy, and then started working on a fund and platform that allowed anyone to invest in real estate and reap the benefits. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “95% of seniors saw a 50% reduction in pain from using cannabis” - Pete Asmus Pete Asmus Real Estate Background: High performance real estate investor with a passion for creating smart investment opportunities for anyone, no matter their financial status. Raised over $10 Million last year for high end flips and small business start ups Based in Los Angeles, CA Say hi to him at [email protected] Best Ever Book: The One Thing Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode takes a little bit of a dive into the mindset and habits that are needed to take one’s self from a place you’re not happy with, to thriving both personally and professionally. We also hear about how to build large businesses and even open our own banks. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Focus on the value, not the price” - Angelo Christian Angelo Christian Real Estate Background: CEO of Christian Financial 15 years of experience in the real estate industry Went from poor and living in his car to a self made millionaire Nationwide lender, one of the top leaders in Houston Based in Houston, TX Say hi to him at www.officialangelochristian.com Best Ever Book: Dream Big Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Aaron has been on before, this time he’s talking about how he is setting up his children to succeed after he is gone. This is important for obvious reasons, and some less obvious reasons. Hear why Aaron is doing this, and how he is able to do it for himself, and help others do the same. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “They want to leave a legacy for their kids, but by the time the grandson takes over, it gets destroyed” - Aaron Chapman Aaron Chapman Real Estate Background: 21 year veteran of Real Estate Investment finance Ranked in the top 1% of his industry & #12 nationally for transactions closed Listen to his previous episode: JF1537: Grow A Huge Real Estate Business By Helping Others Get What They Want with Aaron Chapman Based in Mesa, AZ Say hi to him at www.aaronbchapman.com Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Paul had everything most newer real estate investors want; a large business with a lot of units and employees. He began to want something else however, cashed out and took up modeling in Asia! Now he and his family are back in the States and building another real estate business, hear why this time is better than the first. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “No deal will go through perfectly and you have to plan on that” - Paul Nagaoka Paul Nagaoka Real Estate Background: Started studying no money down real estate at 12 years old Got started in real estate 14 years ago, purchased 350 units and had a team of 35 Based in Kansas City, MO Say hi to him at https://syndicatekansascity.com/ or www.howtoinvestinrealestate.net Best Ever Book: Never Split the Difference Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Social media. It consumes a lot of people at all times of the day. Today, Joe and Theo are answering a question sent in from a listener asking about social media and it’s importance for real estate investors, especially just starting out in apartment syndications. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “At this point in time in our culture, you’re not allowed to be closed off” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 4: 9 More Ways to Find Off-Market Deals Don’t need much description and intro here. We’re continuing last episode’s focus on finding off market deals. Let’s get to it! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you build a relationship with them, they might know and tell you who is looking to sell soon” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 3: The Main Way To Find Off-Market Apartment Deals Last week Theo began discussing how to find properties for you to syndicate. We heard about on market properties, now it’s time to start talking about off market properties. When it comes to syndicating large apartment communities, you will not be alone in your hunt for deals. Having a few different sources and avenues to explore can only help your business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A lot of people who do direct mail campaigns will use online tools to build a list” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

From no job and submitting endless amounts of job applications to entrepreneur and financial independence, all in just 6 years time. Grant got his start by getting certified with Google Ad Words and hit the ground running, getting into real estate investing along the way. Hear how he was able to work his way up to a $500k income per year in a fairly short amount of time. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I quickly learned what was most important to y buyers was to look good for their boss” - Grant Sabatier Grant Sabatier Real Estate Background: Creator of Millennial Money and host of multiple finance podcasts Writes about personal finance, investing, entrepreneurship, and mindfulness and has been featured in over 200 media outlets Based in New York City, NY Say hi to him at https://millennialmoney.com/ Best Ever Book: Art of Living Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Diego came to the United States as an immigrant with his parent when he was nine years old. He is a DACA recipient and is successfully working full time while building his real estate business. From his first house hack, to strictly investment properties, and even some AirBnb’s, Diego has a vast range of real estate knowledge to share with us today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Invest for cash flow, not hoping for appreciation” - Diego Corzo Diego Corzo Real Estate Background: 28 year old DACA recipient Bought first house at 23, started house hacking, now owns 18 doors Based in Austin, TX Say hi to him at http://diegocorzo.com/ Best Ever Book: Dot Com Secrets Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Steven is a returning guest who has built an incredible development business. One of his strategies is to build four unit buildings, rather than single family homes or large apartment buildings. He has been doing that for years and has a very large portfolio because of it. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Our goal is to be 1% cap rate higher than the market” - Steven Bond Steven Bond Real Estate Background: Co-founder of Fourplex Investment Group (FIG) FIG has sold over $400M in 6 years in and they have a turn-key multifamily investment vehicle for investors nationally and internationally Hosting The Intermountain Real Estate Investment Summit in February 2019 Listen to his previous episode: JF485: BYU Dropout Began During the RECESSION and WON! Based in Provo, UT Say hi to him at http://www.fig.us/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex has a very specific way of investing, and he’s here today to tell us about it. He has seen a lot of success so far, and has also helped others do the same. Hear about his strategy in today’s episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I haven’t even been to most of the properties” - Alex Felice Alex Felice Real Estate Background: Invests in long distance single-family real estate Commercial banker in Las Vegas Owns 7 houses currently and is known for doing complete rehabs in just 8 weeks Based in Las Vegas, NV Say hi to him at https://www.brokeisachoice.com/ Best Ever Book: Sapiens Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Joe received an email with a lot of apartment syndication questions recently. He decided to make an entire episode answering the questions. The questions Joe will be answering are: I was curious about syndication deal structure. I'm curious what types of deal structures are typical as far as preferred return vs equity split? For instance, if you offer a 6% preferred return, what kind of equity split is reasonable? How does that split change if you move to an 8% preferred return? Also, length of investment. What's your experience with how fast investors are generally looking to get their money back? 3-5 years? 10 years? Lastly, refinancing. Does Ashcroft capital keep investors in the deal after refinancing and paying back initial capital? If so, does the equity split change at that point? Best Ever Tweet: “I want them to have significant upside for performing well on the deal” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 2: How to Find Apartment Deals From Real Estate Brokers A very obvious way to find deals: get a broker to bring you on market deals. That being said, it can be a lot easier said than done to earn a good broker’s trust. Theo has covered that in detail before, and will summarize on this episode. Then he’ll discuss how to get on their list for deals, because unlike residential shopping, there is no centralized MLS for large apartment deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If it’s a smaller brokerage, you should be able to contact the owner” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve covered a lot of the apartment syndication process so far. Now it’s time to start talking about actually searching for and finding that elusive first deal. We’ve talked due diligence, financing, raising money, and how to structure the GP & LP compensation. This episode will be covering the details of on market vs. off market deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Now you’re ready to find your first deal” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re in a job that maybe you don’t love, Darrin was there too. Luckily, he came across the book Rich Dad Poor Dad and like so many of us, was turned on to real estate investing. He’ll walk us through his current strategies and how he got to where he is today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I want to make it as easy as possible to invest with as little risk as possible” - Darin Garman Darin Garman Real Estate Background: Investing in real estate for over 25 years Has been responsible for over $800,000,000 in apartment and investment property acquisitions Has raised over $70,000,000 in funds for different apartment investment properties Based in Marion, IA Say hi to him at http://www.heartlandinvestmentpartners.com/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Many entrepreneurs have the issue of writing big fat checks to Uncle Sam every year for income taxes. Dan was in that situation and knew that investing in real estate could help him keep some of his money, and make it earn more money too. We’ll hear more details on the overall benefits of real estate investing, we also get to hear a case study on a 130 unit property that Dan just recently closed on. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You have to go back to your underwriting, run the numbers and see what works” - Dan Handford Dan Handford Real Estate Background: Dan Handford is the founder and current president of five specialty medical clinics located throughout South Carolina He has investments in over $125,300,000 worth of real estate and currently has 1,353 apartment units in his portfolio located across the United States He is the founder of the Multifamily Investor Nation with 34 groups and 2,300+ members across the World He is also the co-host, along with his wife, of the daily podcast called Tough Decisions for Entrepreneurs Based in Columbia, SC Say hi to him at www.toughdecisions.net and www.handfordcapital.com Best Ever Book: The 10X Rule by Grant Cardone Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

You know the name by now, he’s an in demand speaker and a best selling author. J is back to add more value to our lives, as always, this time having a discussion on the state of the market, and how to survive regardless of which part of the market cycle we are in. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A lot of these things, house flippers should be doing” - J Scott J Scott Real Estate Background: Full-time entrepreneur and investor SInce 2008, J has bought, built, rehabbed, sold, lent-on and held over $40M in property Author of 3 real estate books, including the best-selling, "The Book on Flipping Houses," which has sold over 125,000 copies in 5 years Listen to his previous episodes: JF217: You Only Have ONE Chance to Make a Good Flippin’ Impression JF1209: The Interview On Negotiating Real Estate #SkillSetSunday with J Scott Based in: Washington D.C. Say hi to him at: http://www.123flip.com/ or https://www.biggerpockets.com/users/JasonScott Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Even if you currently have more leads than you can handle, at some point they may slow down, or you continue to scale and need more and more leads. Either way, having more ways to bring in leads can only benefit your business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It can take 6 months to a year to turn those leads into money” - Tommy Mello Thomas Mello Real Estate Background: Owner of A1 Garage Door Service - took the business from $50k in debt to over $30 million annual revenue Host of the Home Service Expert podcast Co-founder of Leadgeeks - helps investors find deals, currently providing 200-300 leads per day Listen to his previous episode: JF656: How To Pick The BEST Garage Door for Your Home and Investments #skillsetsunday Based in Phoenix, AZ Say hi to him at https://www.garagedoorarmor.com/pages/about-us or www.leadgeeks.com Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

For today’s Follow Along Friday, Joe is sharing his biggest lessons learned from doing his podcast interviews last week. From shelf corporations to learning about underground storage tanks and the problems they can cause. We’ll also receive the usual business updates that we as investors can learn from. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Everyone has something you can teach others, it’s your responsibility to figure out what that is” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Now you’ve found some deals, time to underwrite! This is a very crucial part of the apartment syndication business, as good/bad underwriting can make or break a deal. Listen to Theo and Joe’s best underwriting tips to get you started on the crucial part of apartment syndications. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Based off of your expertise, input information on how you plan to operate the property” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

When it’s almost time to search for a deal, it’s important to have your criteria set for what kind of property you are searching for. But how exactly do you figure that out? Well tune into this episode where Theo walks us through exactly that! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’ll save yourself a ton of time by having your criteria set before you look for properties” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

With over two decades of real estate investing experience, and even more experience in construction and business building, Greg has a lot to share with us. Just the businesses he has built and/or helped other build and the knowledge he has gained from that, can be invaluable for us to soak in regardless of what level our real estate businesses are at. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Pick a niche and grow it” - Greg Dickerson Greg Dickerson Real Estate Background: Entrepreneur, real estate investor, and developer Over the past 20 years he has bought, developed and sold over $200 million in real estate Started 12 different companies from the ground up Say hi to him at https://gregdickerson.com/ Based in Charlottesville, VA Best Ever Book: Principles by Ray Dalio Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike became an accidental landlord around the 2008 crash. He actually enjoyed the business and decided to take it up full time. Now he has multiple strategies in real estate investing, with each separate company having a different leader. Hear how he was able to scale to having multiple successful businesses after accidentally stepping into this career. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Find a core business that you love and are good at, learn and grow, and maximize that business” - Mike Jordan Michael Jordan Real Estate Background: Entrepreneur since 1999, over $100,000,000 in total business transactions Has successfully done multiple different real estate strategies including: renovations, building homes, buy and hold rentals, turkey provider, buying NPN’s, property management, wholesaling, and more Listen to his previous episode: JF1558: Championship Level Rehabs For Better Returns #SituationSaturday with Michael Jordan Based in Detroit, MI Say hi to him at http://strategyproperties.com/ Best Ever Book: Traction Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One way to make money in this business is by identifying an emerging market and get in early before everyone else. But how can we find those emerging markets before everyone else? Well Jerry has some ideas and tips for how anyone can do just that. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “A person can find trends, but it’s easier for an AI to do it” - Jerry chu Jerry Chu Real Estate Background: Developed multiple trading platforms Founder and creator of Lofty, which uses artificial intelligence to identify neighborhood growth Based in LA, CA Say hi to him at https://lofty.ai/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Holly and Joe are long time friends, going back to Joe’s advertising days when they were co-workers. She invested in one of his first deals and never looked back. She discovered a tremendous way to invest her money and not only keep more of it, but also create more of it for herself. Today she’s a full time investor and entrepreneur focused on helping others find these opportunities to keep and create more money. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “I made a $65k gain with my mutual funds, and owed $30k in taxes” - Holly Williams Holly Williams Real Estate Background: Passive investor with a passion for helping others passively invest and keep more of their money Founder of MQ Ventures and partner in over $100 Million in Multifamily Apartment Communities Listen to her previous episode: JF55: Creative Alternative to Just Renting Your House Based in NYC Say hi to her at https://keepmore.com/ Best Ever Book: Never Split the Difference Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

We know by now how beneficial BiggerPockets can be for our real estate investing business. Theo is often a top contributor in BiggerPockets and is telling us how he does it. We’ll also touch on why it is important to hit the top contributor status. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You’re essentially getting a free ad on BiggerPockets” Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One slightly important part your apartment syndication career is how you will be getting paid, as well as how you will be paying your investors. Today Theo will cover how to pay the Limited Partners in your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “There are going to be two types of passive investors, debt investors and equity investors” Free document for this episode: http://bit.ly/LPstructure Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Learn more about your ad choices. Visit megaphone.fm/adchoices

One slightly important part your apartment syndication career is how you will be getting paid, as well as how you will be paying your investors. Today Theo will cover how to pay the General Partners in your apartment syndication deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You can put some costs up yourself if you can afford it, or split it with your partner, you’ll be reimbursed later” Free document for this episode: http://bit.ly/LPstructure Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Zeona got her start with real estate investing in 2012 with one AirBnB property. She never looked back, purchased more short term rental properties, and even started a management company where she manages other investors short term rentals all around the world. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “They can be managed from anywhere and just takes a really small team” - Zeona McIntyre on Short Term Rentals Zeona McIntyre Real Estate Background: Travels the world for half of each year using and teaching a variety of tactics for others to do the same She owns six Airbnb’s and manages 15 properties and teaches others how to invest and set up automates Airbnb business’s Based in Boulder, CO Say hi to her at https://www.zeonamcintyre.com/ Best Ever Book: Never Split the Difference Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re in the market for property, as most real estate investors are, it’s nice to know things to look for that could save you money on insurance ahead of time. This becomes more true and relevant the larger the property you’re looking at. From age and geography, to construction and wiring, we’ll be covering a bit of everything as it pertains to how insurance companies look at your properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Most carriers do not cover aluminum wiring” - Bryan Shimeall Bryan Shimeall Real Estate Background: Former real estate builder/developer 2008 & 1st child forced a career change into commercial insurance Joined MRA (Multifamily Risk Advisors) 5 years ago and they insure about 200k units across the country Based in Gainesville, FL Say hi to him at https://multifamilyra.com/ Best Ever Book: American Buffalo Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Paul is back with us today to tell us about his pivot into self storage from multifamily. For anyone who wants to get into self storage but don’t have any knowledge this is a great intro to the major points on self storage vs. multifamily. If you do have some knowledge on the subject, it’s never bad to learn more! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “In places like Florida they use more storage” - Paul Moore Paul Moore Real Estate Background: 2-time finalist for Michigan Entrepreneur of the Year Founder and Managing Director at Wellings Capital, they have over $500 million in assets under management Based in Lynchburg, VA Listen to his previous episode: JF809: Creating a $10 Million Fund, Building a Hotel, and Focusing on Multifamily Say hi to him at https://www.wellingscapital.com/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we briefly discuss Opportunity Zones; what they are, how you can invest and how big this one-time tax deferral program really is. Similar to a 1031 exchange but with more leniency and better tax advantages, Matt Ryan has been tracking this piece of legislation before it was written into law. Listen to how he'll take advantage of this and find out ways you can implement Opportunity Zones investments into any real estate strategy. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It’s similar to a 1031 but it’s better than a 1031 exchange” - Matthew Ryan Matthew Ryan Real Estate Background: A social entrepreneur, founder of Re-viv, which addresses the market inefficiencies in community revitalization efforts Focused on the multifamily value-add and development space in distressed areas Based in San Francisco, CA Say hi to him at https://re-viv.com/ Best Ever Book: Discipline Equals Freedom Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Joe and Theo are back for another episode of Follow-Along Friday to discuss a few fascinating economic metrics and what they mean for apartment investors if/when the next economic correction occurs. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We don’t want to push ourselves and do a bad deal just to do a deal” - Theo Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Yesterday Theo discussed 15 of 49 common questions you’ll get from your passive investors, and how to address them. Today, Theo will go over the remaining 34 common questions that you will get from investors. All of these questions are available in the document below. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We invest in apartments because there is a decrease in homeownership, there is a decreasing apartment vacancy rate, and an overall increase in population Free documents for this episode: http://bit.ly/2VdxYmn - Money Raising Tracker http://bit.ly/commoninvestorquestions - 49 Common Questions Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Now that we’re actually talking to investors, we’ll be answering a lot of questions. You’ll really want to know some common questions that come up, and how to answer them. That’s what Theo will be going over today in this episode of Syndication School. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Passive investors invest based off of who they trust" Free documents for this episode: http://bit.ly/2VdxYmn - Money Raising Tracker http://bit.ly/commoninvestorquestions - Common Questions Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Chao is with us today to talk about how investors can search properties, make offers, and purchase real estate directly on the blockchain. She created a company to help investors and agents do this after she saw the need for a product like this in the marketplace. Hear how her technology can help your investing and/or the businesses of your real estate investor clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “When people submit offers through the website they become the buyers agent so they can find more deals on the website” - Chao Cheng-Shorland Chao Cheng-Shorland Real Estate Background: Co-founder and CEO of ShelterZoom Corp They are the first real estate technology company to deliver a blockchain based real estate offer and acceptance platform to the mass market Based in NYC Say hi to her at https://www.shelterzoom.com/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

JC got his start as a part time investor, working hard to get to a point of leaving his job as a mechanical engineer. Now a full time investor, JC is a value add apartment investor. He also has a passion for technology and says that has helped him grow his business. Hear how he was able to quit his job and be a full time investor, and what he’s doing now to continue the growth. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “We spend a lot more money on the leasing office and community center than most people” - JC Castillo JC Castillo Real Estate Background: Founder and managing principal of the Multifamily Property Group (MPG) They have been investing in large multifamily for 12 years Based in San Jose, CA Say hi to him at https://www.multifamgroup.com/ Best Ever Book: The One Thing Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we welcome back Greg Rand who has told us about investment markets before on the show (link to that episode is below). Now he is the CEO of a platform that has an abundance of deals for single family investors. At the time of recording, they had $200 million in assets for sale on their website. Hear how they find all these deals and take notes to use for you own deal searching, or buy something from their site. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The country is in demand and the population is growing” - Greg Rand Greg Rand Real Estate Background: CEO of OwnAmerica Focusses on the SFR investor entrepreneurial class, helping investors build their portfolio Currently, OwnAmerica has $21 billion total assets on the platform, $200 million assets for sale, $490 million total assets sold Based in Charlotte, NC Say hi to him at https://ownamerica.com/ Listen to his previous episode: JF300: Why Every Market You Invest in Is Essentially the SAME Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

As a Podio expert, Jordan is constantly working with investors and property managers to help them scale their businesses. He specializes in helping others automate some aspects of their business so they can concentrate on the activities that are most important to their business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Guys who are at the top take the emotion out of decision making” - Jordan Fleming Jordan Fleming Real Estate Background: CEO of Gamechangers, one of the top Podio partners in the world Builds systems for investors to help investors automate tasks, tack data and KPI’s, and accelerate sales Over 50 investors are using their SmrtPhone phone system for Podio (https://www.smrtphone.io/) Say hi to him at http://wearegamechangers.com/en/main/ Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy New Year! Joe and Theo are back for the first Follow-Along Friday of 2019 to talk about how they approach setting goals.We’ll hear three strategies to make your real estate business better in 2019 than it was in 2018. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: What are other people doing who are achieving success that I can do better? Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices