The Best Ever CRE Show

Latest Episodes:

JF1707: Apartment Syndication Case Study #3 | Lessons Learned From Another Deal Sold May 06, 2019

Show notes

Frank and Joe are having another case study conversation of a recent deal which they took full cycle. The property had its own unique set of challenges they had to overcome to make this deal work. From unexpected repairs to the outside and foundations, to replacing an entire new fence around the property. They also did a lot of things right with the deal, and we’ll hear about that too. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Now we do our own property condition assessment” - Frank Roessler

Frank Roessler Real Estate Background:

Founder of Ashcroft Capital
Has overseen the acquisition of over $700,000,000 of institutional quality multifamily investments
Based in NYC
Say hi to him at ashcroftcapital.com
Previous case study:
JF1645: We Completed A Business Plan & Sold A Deal – Here Are The Details – with Frank and Joe
Frank’s Best Ever Advice:
JF810: When Mother Nature DESTROYS Your Property, What Do You Do? #SkillsetSunday

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JF1706: Transitioning From 100% Passive Real Estate Investing To 100% Active #SkillSetSunday with Lennon Lee May 05, 2019

Show notes

Today we’ll hear a case study from our guest Lennon, about how and why he started as a passive investor, and transitioned into active investing. Lennon actually started out with the intention to be active, but used the passive route to learn the business a little while getting returns on his money. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I wanted to be active but learned the business by being passive” - Lennon Lee

Lennon Lee Real Estate Background:

Founder of BLD Capital Group
Has been involved in the acquisition of over 1,500 units of multifamily real estate with an approximate market value of $150 million
Based in Miami, FL
Say hi to him at https://www.bldcapitalgroup.com/

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JF1705: Making The BRRRR Method Simple & Easy To Understand #SituationSaturday with David Greene May 04, 2019

Show notes

David is now co-host of the BiggerPockets podcast, and author of a book focused on teaching the BRRRR method. He has a lot of experience as an investor, agent, and educator, now he’s finding new ways to share his knowledge with his book. We’ll cover what you can expect to learn by reading his new book, and cover the BRRRR method a little more in-depth than we ever have. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“If more people did that, they just wouldn’t suck at life” - David Greene

David Greene Real Estate Background:

Real estate agent and investor, co-host of the BiggerPockets podcast & Keller Williams Rookie of the Year
Started investing in 2009, has a portfolio of over 30 SFR’s & shares in large apt. communities, mortgage notes, and note funds
Based in San Francisco, CA
Order his new book here: Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple
Listen to his previous episode: JF806: How He Adds $30,000 Equity to a Cheap Home by Doing This One Thing
Say hi to him at https://www.davidgreene24.com/

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JF1704: Learning From Others’ Experiences & Implementing In Our Business #FollowAlongFriday with Joe and Theo May 03, 2019

Show notes

If you’ve listened to any Follow Along Friday episodes with Joe and Theo lately, you know the format. Joe and Theo will share what they learned last week from interviewing other investors for the podcast and explain how that can relate to us. Today, Theo is sharing his lessons learned from doing all the interviews last week, as Joe had to be out of town. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“He has to understand the yields of certain crops, so working with the farmers when he is underwriting is very important”

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JF1703: How To Underwrite A Value-add Apartment Deal Part 6 of 8 | Syndication School with Theo Hicks May 02, 2019

Show notes

More underwriting talk today with Theo. We all know it’s important for apartment syndication. Even if you know what you’re doing, it never hurts to hear how others underwrite, you might learn something new. Today Theo will comer how to run a good Rental Comp Analysis and what to do with it. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You can assume that if you perform the same level on renovations on the remaining units, you’ll achieve that same $100 rental premium”

Free Document:

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JF1702: How To Underwrite A Value-add Apartment Deal Part 5 of 8 | Syndication School with Theo Hicks May 01, 2019

Show notes

Syndication school is back! We’re just going to jump right back into it today. Theo will pick back up where he left off with underwriting. Specifically, today he’ll be talking about how to determine your asking price. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You’ll know how much money you should pay for the deal, and how much you need to raise”

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JF1701: We Sold Another Deal! Lessons Learned From Taking Another Deal Full Cycle with Frank and Joe Apr 30, 2019

Show notes

Frank has been on before, both to share his Best Ever Advice, and also to discuss another deal that Ashcroft (Joe and Frank's apartment syndication company) took full cycle. We’ll hear why they bought the property at a time most investors were not optimistic about the market the property was in. They tell us about the business plan, and how it actually unfolded. This was only Ashcroft’s second property purchase, so a lot of learning opportunities along the way! Take their lessons learned with this deal, and apply them to your business, without having to suffer through the trials yourself. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“We could have done a better job with our lease audit, unit walks, and really getting to know the extent of the demographic around us” - Frank

Frank Roessler Real Estate Background:

Founder of Ashcroft Capital
Has overseen the acquisition of over $700,000,000 of institutional quality multifamily investments
Based in NYC
Say hi to him at ashcroftcapital.com
Previous case study:
- JF1645: We Completed A Business Plan & Sold A Deal – Here Are The Details – with Frank and Joe
Frank’s Best Ever Advice:
- JF810: When Mother Nature DESTROYS Your Property, What Do You Do? #SkillsetSunday

Start investing with as little as $500 at https://www.buybits.us/

Learn more about your ad choices. Visit megaphone.fm/adchoices

JF1700: NFL Tight End Double Dips In Real Estate Investing with Hakeem Valles Apr 29, 2019

Show notes

Hakeem is a tight end for the New York Giants (as of the recording) and a real estate investor. He shares how he became interested in real estate investing, and we also hear some deal specifics. Hakeem explains how he put together his first sample deal package to show to potential investors, and how he presented it to them to secure verbal commitments. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You can work your way into real estate deals by adding value to others” - Hakeem Valles

Hakeem Valles Real Estate Background:

Tight end for the New York Giants
Has been investing in real estate for 7 years, started by flipping 10 houses in college
Based in NYC
Say hi to him at https://www.linkedin.com/in/hakeem-valles-242960157/
Best Ever Book: The Go Giver

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JF1699: Leveraging Interview Content To Build Your Brand #SkillSetSunday with Brendan Kane Apr 28, 2019

Show notes

Brendan has worked with celebrities and personalities, helping build their brand for years. Today, he is sharing some of his best strategies with us. It’s no secret that we’ll need to have a large reach as investors to keep deals and capital flowing through the business. Find out how to organically grow that reach. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Keep swapping out different variables so that you can really control your content” - Brendan Kane

Brendan Kane Real Estate Background:

Digital strategist for Fortune 500 corporations, global brands, and celebrities.
Best known for building a million followers in 100 countries in less than 30 days
Based in Beverly Hills, CA
Say hi to him at https://onemillionfollowers.com/

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JF1698: Need Help Managing Leads? Listen To This Episode with Dan Schwartz Apr 27, 2019

Show notes

Leads - they can make or break your business. Not so much the leads themselves, but how you follow up with those leads. Dan is an expert in that area, and that is what he does with his business. He now helps investors get leads, and follow up with them, in exchange for a 50/50 split of deals with his trusted partner. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Cold calling is harder, the harder it is to scale, the better it will be and less people will be doing it” - Dan Schwartz

Dan Schwartz Real Estate Background: