The Best Ever CRE Show

In this episode of Syndication School, Theo shares the best tips and advice he learned from The Best Ever Conference 2020. The Best Ever Conference hosts many great speakers on different real estate investing topics but the ones Theo will be sharing today are focused on Apartment Syndication. Enjoy this episode as he explains his takeaways from day one of the conference and what he felt was very helpful from different speakers.     Best Ever Tweet: “Don't make offers in your personal name so basically create a separate LLC, that you use to make offers and then have something in the contract that allows you to assign the contract to yourself, and the reason why you want to do this is because if you walk away from the deal the seller can sue you personally for damages.” - Theo Hicks Learn more about your ad choices. Visit megaphone.fm/adchoices

Spencer just recently went full-time real estate investor. He grew up with his parents both active in real estate and as a child didn’t find it as something he was interested in so he instead went into the world of Technology. During his journey in the Tech-Start-Up world, he landed in a real estate tech company and learned about real estate investing. He then started out in single-family houses and after about 6 investment properties decided it was to slow and started to research multifamily. 10 multifamily deals later he now has a successful real estate business with his wife as his business partner.  Spencer Hilligoss Real Estate Background: Co-founder of Madison Investing Active syndicator, real estate investor, and executive leader Retired from his technology career of 13 years, just 4 weeks ago to go full time in multifamily real estate Has co-sponsored deals totaling more than 3000 units and $328 Million Based in Alameda, CA Say hi to him at https://www.madisoninvesting.co/ Best Ever Book: Best Ever Tweet: “Set a clear goal with specificity, because taking action is critical, but don’t take stupid action. Stupid action just means, your aiming at something and you haven’t even set the goal yet. Go slow to go fast. ” - Spencer Hilligoss Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael’s background was in chemical engineering and after a while, he got tired of the rat race and started to find an interest in real estate. He began by first flipping small duplexes and now has grown the company to millions in assets. His company is now at 300 units, with a mix up of 10-12 buildings. In the beginning, he started out financing his deals with local banks by building relationships with them but more recently have partnered with Goldman Sachs to fund future deals.  Michael Merideth Real Estate Background: Co-founder of Verius Property Group, a real estate development company His role is strategic planning Started flipping small duplexes, has grown the company to millions in assets Based in New Orleans, LA Say hi to him at http://veriusgroup.com/ Best Ever Tweet: “Not getting to recreative and out the box to create something because, in the end, you’re protecting an investment whether it’s yours or a co-investment amongst other people it’s to make sure that the numbers are what they are.” - Michael Merideth Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Tuff is an expert in working with millennials and getting high levels of production from them. His new book "The Millennial Whisperer," explains that there are two different types of millennials; the "Snap-Chat" and "Oregon Trail". In this episode, you will learn about each of these two different types so you will be better prepared when you are looking to build your own business and hiring help for the first time. He also shares some great stories to put you in the seat of each generation so you can have a better understanding of why they think the way they do so you will be better prepared. Chris Tuff Real Estate Background: Expert in working with millennials and getting high levels of production from them Youngest partner in the 100-year history of Atlanta-based advertising agency, 22squared, where he turned a team of Millennials from an “investment” to a major profit center Based in Atlanta, GA Say hi to him at https://www.themillennialwhisperer.com/bestever  Best Ever Tweet: “They want to hear from you where it is you’re making mistakes, where it is that you're gaining ground and why you’re making the decisions that you’re making. They want context, they want to see the full picture.” - Chris Tuff Learn more about your ad choices. Visit megaphone.fm/adchoices

Ellie Perlman started out as a  real estate lawyer and experienced the crash in 2008 which made her a very conservative investor because she saw how not being conservative can kill your business. Her focus is on buying MultiFamily properties across the US. She shares how she started her business with the mindset of “How do I create a process that can scalable” instead of “How do I get this deal done so I can move onto the next one?” She shares a great tip on what helped her scale her business by presenting to multiple investors without having to tell the same story over and over. Ellie Perlman Real Estate Background: Founder of Blue Lake Capital Portfolio of $93 million in multifamily properties Host of the podcast That REllie Happened? Based in Santa Monica, CA Say hi to her at https://www.ellieperlman.com/  Best Ever Tweet: “Don’t think about it as one deal, I need to get the one deal done and then figure out the second or the third one. Those deals they don’t work in silos, so think about its a business.” - Ellie Perlman Learn more about your ad choices. Visit megaphone.fm/adchoices

Beth is a real estate broker and an investor who owns 9 properties. She got into real estate investing in 2002 and later in life married her Husband who also had a few properties of his own. Beth shares some insight on how investors should reach out when looking to work with real estate brokers to find the best deals. She shares how important it is for real estate brokers to pay attention to the inventory and constantly be up to date to find the best deals and instead of always handing them off, take advantage of them. Beth Traverso Real Estate Background: Real estate investor and broker, owns 9 investment properties in the Seattle area Her team is projected to sell $67,000,000 in volume this year Based in Seattle, WA Say hi to her at http://www.bethtraversogroup.com/  Best Ever Book: The Compound Effect Best Ever Tweet: “The main thing is for people just to believe they can do it, give themselves some credit to being able to handle challenges and be able to learn from others so they can better yet avoid those challenges.” - Beth Traverso Learn more about your ad choices. Visit megaphone.fm/adchoices

Zack Boothe owned a window cleaning business and use to listen to our show while working and now is on our show! Zack shares his marketing strategy to find deals that you can wholesale, flip, or hold for the long-term. He uses a unique system that helps him find 2,000 distressed property every week with just one 30 hr part-time driver who is driving for dollars.  Zack Boothe Real Estate Background: Left his window cleaning business in 2017 to become a real estate investor On track to do over $1 Million in 2019, teaches others how to find properties for $.50 on the dollar Based in Salt Lake City, Utah Say hi to him at www.DFDmastery.com Best Ever Book: Best Ever Tweet: “The difference that I have with the systems and the software that we’re using is, you can go with one part time guy and find thousands of distressed properties every single week.” - Zack Boothe Learn more about your ad choices. Visit megaphone.fm/adchoices

Daniel Ramsey bought his first house at 24 and it was an investment property for him. Daniel’s journey as an entrepreneur took him on a path to hire his own Virtual Assistants to help him in his business and later discovering a need in the marketplace and decided to start MyOutDesk. He shares how valuable VA’s can be for your business and how it can double your business rather than just replacing a task. You will learn some valuable unique questions he asks every entrepreneur before they hire his company to make sure they can grow their business. These questions can help you even if you do not hire a VA. Daniel Ramsey Real Estate Background: Founder & CEO of MyOutDesk, a virtual assistant company Licensed real estate broker, mortgage broker, and general contractor has sold hundreds of homes and made millions in commissions Based in Sacramento, CA Say hi to him at https://www.myoutdesk.com/  Best Ever Book: The Richest Man in Babylon Best Ever Tweet: “You’ve cut $100,000 dollars of my payroll every 2 weeks, so by adding virtual assistants we were saving our clients money and grow revenue.” - Daniel Ramsey Learn more about your ad choices. Visit megaphone.fm/adchoices

Zach helps investors locate and identify properties that fit their goals; whether that is cash flow or long term appreciation. He explains how diversifying where your investment property is located can be beneficial. On average his clients have investment properties that are 900 miles from their residence. Zach also gives out some great lessons on what to pay attention to when buying properties.  Zach Evanish Real Estate Background: Director of Retail at Roofstock He’s been with Roofstock since the beginning and has worked in the real estate sector for most of his career Based in Oakland, CA Listen to our interview with Roofstock’s CEO, Gary Beasley: JF1129: Buy Cash-Flowing Properties Online with Gary Beasley  Say hi to him at https://www.roofstock.com/  Best Ever Book: Think and Grow Rich  Best Ever Tweet: “He said “No”. Go Buy a single-family home, start with that and then from there we can talk about duplexes and fourplexes. How do you think I got these 10-15,  50 unit apartment buildings? I started with a Single Family Home.” - Zach Evanish Learn more about your ad choices. Visit megaphone.fm/adchoices

Ken is a business owner who started out as a land broker and in 2008 he quickly learned how to adapt due to the economic downturn. Fast Forward to today and now he has developed a successful app called Legacy of Love, an app that helps connect kids with their parents. Ken also shares a story on how he went from purchasing a shopping center and searching for tenants to creating his own tenant.  Ken Wimberly Real Estate Background: Founder and visionary behind Legacy of Love, LLC. Entrepreneur and real estate investor, has 16 streams of passive income and 4 streams of active income Based in Fort Worth, Texas  Say hi to him at https://www.laundryluv.com/  Best Ever Book: The Obstacle is the Way  Best Ever Tweet: “Whether it’s a client, customers, tenants, your partners, your lenders, if we can figure out how to be a significant source of value to others life rewards us.” - Ken Wimberly Learn more about your ad choices. Visit megaphone.fm/adchoices