The Best Ever CRE Show

Latest Episodes:

JF1366: 10 Months, 6 Houses, $240k Cash, Frugal Service Member & RE Investor with Rich Carey May 30, 2018

Show notes

Rich is in the military, currently stationed in South Korea. He has always been a big Dave Ramsey fan so his approach to real estate investing is a little less typical. Rich likes to buy his properties all cash, he has no debt to his name. This is a strategy that has worked well for him and gives him peace of mind. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Once you start getting into multifamily, there’s some serious money and cash flow to be made” - Rich Carey

Rich Carey Real Estate Background:

Purchased 20 rental properties with cash and flipped several houses
Paid off $280k mortgage in 6 years
Based in South Korea (on military orders)
Say hi to him at http://richonmoney.com/ or richcarey@gmail.com
Best Ever Book: Fooled by Randomness

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List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!

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JF1365: Cubicle Mates Turned Investing Partners & Podcast Hosts with The REI Rookies Jack Hoss & Josh Koth May 29, 2018

Show notes

Jack and Josh worked together at their W2 job, sitting across the cubicle from each other every day and scheming of a way to break out. One day Josh’s whole team was laid off, he took advantage of that and started building a portfolio after emptying his IRA. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“It’s great to have all of your numbers and relationships in line” - The REI Rookies

Jack Hoss & Josh Koth - The REI Rookies Real Estate Backgrounds:

Hosts of the real estate podcast REI Rookies

Focused on creating wealth through conventional and creative real estate investing
Valley Property Partners - single family, buy and hold investors
Share their experiences and lessons learned as they work towards financial freedom
Based in Fargo, North Dakota
Say hi to them at http://www.reirookies.com/
Best Ever Books: Cash Flow Quadrant

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JF1364: From Quizno’s To Real Estate Development & Everything In-Between #HappyMemorialDay with Todd Fox May 28, 2018

Show notes

Against the advice of his parents, Todd started branching out from his Quizno’s franchise. He bought his first property at an auction and thought he might lose his shirt. That first property ended up being extremely profitable, but he still was not all in on real estate. Once he decided to really focus his efforts on real estate investing, he blew up, even after a bankruptcy. Now his company is completing $50 Million of new construction. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Every problem in life has a solution” - Todd Fox

Todd Fox Real Estate Background:

Started investing in real estate 9 years ago
He had $20,000 and no clue what he was doing
Spent first few years working 100 hours a week, learning the business from the inside out
Now in 2018, his company Visum Development Group will complete just under $50 million of new construction in this year alone
Based in Ithaca, NY
Say hi to him at https://www.visumdevelopment.com/
Best Ever Book: When I stop talking, you’ll know I’m dead

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JF1363: How To Create Passive/ Residual Income Through Real Estate #SkillSetSunday with Matt Theriault May 27, 2018

Show notes

Matt has shared his lessons learned quite a bit already through his own podcast, Epic Real Estate Investing. Today he joins Joe on the Best Ever Show and explains how anyone can create residual income through real estate investing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“There’s a whole lot of value in finding the deal” - Matt Theriault

Matt Theriault Real Estate Background:

USMC "Desert Storm" Veteran who enjoyed 15 successful years in the music business prior to becoming an accomplished real estate investor and mentor
Has built a cash flowing real estate portfolio of 100+ units over the last 10 years
His approach to real estate investing is conservative, simple and efficient.
Based in Los Angeles, California
Say hi to him at https://epicrealestate.com/
Best Ever Book:
Listen to his Best Ever Advice Here: https://joefairless.com/podcast/jf86-eliminate-these-points-of-failureor-else/

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JF1361: A Syndicator Just Found an Apartment Deal…Now What? Part 1 of 3 #FollowAlongFriday with Joe and Theo May 25, 2018

Show notes

As a syndicator and passive investor, it is important to know what to do once you find a deal. Today Joe and Theo explain the first parts of the due diligence process with apartment communities. For passive investors, you’ll want to know what your sponsor has done and see their findings in the due diligence as well as see their business plan for the apartment community. As a syndicator of apartment communities, it is important to not only perform the due diligence, but also be able to effectively communicate what you found to your passive investors. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“One of the first things you’re gonna do is finalize your income and expense assumptions”

Mentioned in this episode:

YouTube: 10 Documents Required When Performing Due Diligence on an Apartment Building

YouTube: Costs for the 10 Due Diligence Items for an Apartment Building

Podcast: JF1116: How to Perform Due Diligence on an Apartment Building #FollowAlongFriday

Podcast: JF1130: Costs For The 10 Due Diligence Items For Apartment Buildings #FollowAlongFriday

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JF1360: Tools For Making A Landlord’s Life Easier with Jason Bangerter May 24, 2018

Show notes

Jason has built multiple companies, most of which were started out a need he had. The focus of this interview is on his company, and our sponsor, Rentler. Rentler allows landlords to perform most or all of the duties you need to do on a daily basis. Not only can you perform credit and background checks, collect rent, list your rentals, and more, Rentler can also help automate a lot of tasks so that you can do less of the things you don’t enjoy doing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“1 in every 3 people in the state of Utah is a registered user on our site” - Jason Bangerter

Jason Bangerter Background:

Entrepreneur and founder of multiple companies
He loves to take the seed of a creative business idea and bring it to fruition.
Started Rentler because he noticed that the rental industry served either tenants or landlords, but never both
Based in Sandy, UT
Say hi to him at http://tryrentler.com/bestever
Best Ever Book: The Hard Thing About Hard Things

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JF1359: When No One Else Will Lend To You, This Guy Can Help with Michael Chelala May 23, 2018

Show notes

Michael and his team deal with large development projects and large apartment community owners. Michael, through the company Equicap, specializes in getting creative and financing tough situations that most other lenders will not touch. They also lend in normal situations, and can help almost anyone looking for capital for real estate. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You have to look for hairy deals, that’s the best way that you can find golden opportunities” - Michael Chelala

Michael Chelala Real Estate Background:

Entrepreneur who loves pursuing a great idea and turning it into a reality
Director of Originations for Equicap, a real estate investment banking firm
Able to effectively structure financing for complex real estate transactions
Based in New York, NY
Say hi to him at www.m-equicap.com
Best Ever Book: Like a Virgin by Richard Branson

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JF1358: Relationship Based Lending For Long Term Partners with Ramon Gonzalez May 22, 2018

Show notes

Ramon got his start in real estate when he left the corporate world to be an entrepreneur. A large part of his success he can attribute to being able to identify what he is good at and sticking to where he is wanted. After multifamily investing in Miami didn’t work for him, Ramon tried the fix and flip model. Ultimately neither strategy was fulfilling, now he lends money to active investors, and loves it. Hear what he looks for before lending to an investor and why being able to put your ego aside and focus on your strengths is key to being a successful entrepreneur. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“That’s all you can do as a coach, you can’t do the work for them” - Ramon Gonzalez

Ramon Gonzalez Real Estate Background:

Summitt Home Buyers, Chief Investment Officer
Places capital with amazing operators that share the same core values
100% relationship based, looking to form and nurture long term relationships with partners
Based in Miami, FL
Say hi to him at www.miamimillionairemastermind.com
Best Ever Book: Unique Ability by Dan Sullivan

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JF1357: Identify An Emerging Part Of A Down Market, Invest, & Make Money with Brent Maxwell May 21, 2018

Show notes

Brent is an investor in Detroit, MI. That’s right, Brent invests in, makes money, and helps other investors make money in Detroit. The trick is finding emerging neighborhoods before they become “hip”. We may focus the conversation on Detroit today, but a lot of these tactics are applicable across the country. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I’ve seen drawings where they take San Francisco and Boston, put them in Detroit, and there’s still enough space for another city” - 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
Based in Detroit, MI
Say hi to him at http://www.ipsrealty.com/
Best Ever Book: One Thing by Gary Keller

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JF1356: Being A Better Leader In Your Business #SkillSetSunday with Nathan Brooks May 20, 2018

Show notes

Nathan is on track to more than double his business this year and can track that growth down to a couple of big things. The first being knowing where the problems are, and addressing them with his team. In order to do that, a lot of smaller steps are involved, including listening to your team. Hear more about what it takes to lead an efficient team everyday in this #SkillSetSunday episode! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I think it all starts with the problems” - Nathan Brooks

Nathan Brooks Real Estate Background:

-Owner of Bridge Turn Key Investments

-Flips about 150 properties a year, providing exceptionally high quality turn key properties

-Recently started their own retail real estate team

-Based in Kansas City, Kansas

-Say hi to him at https://www.bridgeturnkey.com/

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