The Best Ever CRE Show

Theo dives deep into the top cities with the highest growth in rent. Everything being equal, a higher rent growth should mean higher payouts to your investors over time. Of course there are multiple factors to take into account, as Theo explains by giving an example of how some towns will have high growth rent but the other important factors are missing so it would not be a good fit to invest in. The states with the most cities listed are Texas, Nevada, and Phoenix. Best Ever Tweet: "You always want to be conservative in your annual income growth assumption, if its 5%,10%, 4%, 3%, whatever it is you want to assume it's going to grow less than the previous historical rate" -Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free.  Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Theo explains in detail the difference between Preferred Return and Cash on Cash Return. At the end of this episode you will be able to communicate with your investors in a way that will make them comfortable enough to trust you as an expert GP. You will also walk away with examples on how Joe handles his deals and the creativity he utilizes between Series A and Series B investors. Best Ever Tweet: “Depending on how the math works out the class B investors are definitely not going to receive their entire preferred return for that year, and the class A investors depending on what % of the  LP they make up, may also not get their full preferred return.” - Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free.  Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Ealy graduated from Tuskegee University with Electrical Engineering and started into real estate without understanding over leveraging.  Started off great, buying 20+ units and through some unforeseen events lost it all and moved back home at 30 years old. Instead of rolling over and giving up, Mike came back strong and took the lessons he learned from his experience and turned them into profits. Listen to the lessons Mike has learned so you don't have to. Mike Ealy Real Estate Background: Lost everything in the early 2000s but picked himself up and has since acquired over 1,500 apartment units Just this August alone, Mike bought and closed on over $28M worth of real estate transactions. Based in Cincinnati, OH Say hi to him at https://nassauinvests.com/ Best Ever Book: The Hard Thing about Hard Things Best Ever Tweet: “This is kind of like a marriage, you’re able to communicate, you’re able to express your thoughts and move on, but if you’re married to someone and have to constantly argue everyday it's not going to be a great marriage because in these deals you’re locked in for 3-7 years.” - Mike Ealy The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Shelby Osborne shares how she utilizes her military experience to grow her realty group quickly by implementing unique systems to ensure she has the right people in the right seats. She started 5 Pillars Realty Group in 2019 and in her first year her team closed 130 transactions equaling to $19 million in volume! She also shares her passion behind giving away free advice by hosting conferences and coaching. Get your pen and paper ready to learn Shelby's systems and secrets to her fast success. Shelby Osborne Real Estate Background: Served in the Army for 6 years, getting out in 2018 to be in real estate full time both as a broker and investor Keller Williams Rookie of the Year for the “Carolinas Region” Founded Five Pillars Realty Group on January 1st, 2019 and in their first year, were recognized as an eXp Icon Team, completing 130 transactions and 19 million in volume Based in Fayetteville, NC Say hi to her at https://www.fivepillarsrealty.com/  Best Ever Tweet: “The best way to learn is to jump in there and learn on the fly because you can listen to podcasts, you can read books, you can study your butt off but until you’re in the project, that’s the best way to learn and the best way to expidite your growth. So just jump in there.” - Shelby Osborne The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

James Kennedy, founder and CEO of SteepSteel, discusses ground and rooftop leases for cell towers. He explains how to sell a cell tower lease at the same time as purchasing a property to be less out of pocket when buying. Listen to today’s #SkillsetSunday episode to find out how to manage or sell a wireless lease. James Kennedy Real Estate Background: Founder and CEO of SteepSteel Has been working and consulting in real estate investment and development for more than 30 years He is uniquely qualified to analyze, interpret, and discuss wireless agreements, as well as their impact on (and relationship to) underlying and adjacent real estate. Based in Woodlands, TX Say hi to him at https://steepsteel.com/ Best Ever Tweet: “The possibilities are endless in terms of problems that aren’t anticipated by buyers because they’re just not used to looking at these types of assets relative to traditional real estate leases.” - James Kennedy The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors in large metropolitan areas know it’s very difficult to invest in real estate with high prices and expect a good cap rate. In this #SituationSaturday episode, Chris Stafford explains how he finds “second-tier” cities around the country to invest in through his research and exploration. He also describes the process for finding and screening a good property management company to give you peace of mind. Christopher Stafford Real Estate Background: Listing agent for 25 years One of the top producing real estate brokers in the San Francisco Bay area Works with motivated listing agents, helping them 10x their income while enjoying life Listen to his previous episode: JF1435: How To Pick Markets To Remotely Invest In with Chris Stafford Say hi to him at www.thelistingagent.com  Based in San Francisco, CA Best Ever Book: The Go Giver Best Ever Tweet: “The more information that you get in your arsenal, the more comfortable and confident you’re going to be in investing in other places.” - Chris Stafford  The Best Ever Conference is approaching quickly and you could earn your ticket for free.  Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Phil Capron went from running special ops missions with the Navy to purchasing his first property in 2010. His new book shows veterans and active duty personnel how, with a few strategic decisions early on in their career, they can acquire and manage enough real estate to separate from the military after a full career as a net-worth millionaire and, ideally, have a cash flow that would replace their active duty income. In this episode, Phil discusses how he conducts his multifamily missions with host Theo Hicks. Phil Capron Real Estate Background:     Purchased first property in 2010 while in Navy in Norfolk, VA     Got real estate license, flipped homes, bought and held SFRs, got into MF a few years ago     244 MF units     Senior Mentor with Michael Blank     Book: Your VA Loan and How it Can Make You a Millionaire     Based out of: NYC     Say hi at  www.philcapron.com Best Ever Tweet: “I’m not concerned about why something isn’t going to work or why we can’t do it, I’m concerned with how can we make something happen? How can we overcome this obstacle or this problem? And if you approach this business with that mindset, I believe you’re a lot more likely to succeed.” - Phil Capron  The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Theo concludes this series with his final tips for aspiring syndicators who are planning to attend the Best Ever Conference in Keystone, CO on February 20-22, 2020. You know what to bring, what to wear, and have defined an outcome… now what? Theo explains how to set your schedule and get quality face to face time with high-demand speakers. Best Ever Tweet: “You’re going to want to implement any lessons you learned from the Best Ever Conference immediately because that’s when you’re going to have the most motivation.” - Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Theo shares his best ever tips for aspiring syndicators who are planning to attend the Best Ever Conference in Keystone, CO on February 20-22, 2020. In this episode, Theo discusses how to prepare, what to expect, and how to make the most of the conference. Best Ever Tweet: “You’re going to want to have a specifically defined outcome for attending the conference. You’re paying all this money to get a ticket, to fly out there, time away from your business, time away from the family, paying for the hotel, so you don’t want to just come in here and wing it.” - Theo Hicks The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices

Out with the old, in with the new. Investor Russell Westcott is repositioning his portfolio by selling his older properties and replacing them with new construction rental homes. Having transacted over 100 properties over the past 20 years, Russell and his business partner decided they were done being eaten alive by deferred maintenance. He also discusses some of the lessons he’s learned by surviving a couple Canadian market downturns.  Russell Westcott Real Estate Background: Veteran and full time real estate investor  Built his first million-dollar real estate portfolio within his first year of taking the leap into real estate investing Based in Coquitlam, British Columbia, Canada Say hi to him at https://russellwestcott.com/ Best Ever Tweet: “You need to invest in yourself first. Even though you might not have the money and you might not be making money-investment into the deal, you need to invest into yourself. ” - Russell Westcott  The Best Ever Conference is approaching quickly and you could earn your ticket for free. Simply visit https://www.bec20.com/affiliates/ and sign up to be an affiliate to start earning 15% of every ticket you sell.  Our fourth annual conference will be taking place February 20-22 in Keystone, CO. We’ll be covering the higher level topics that our audience has requested to hear. Learn more about your ad choices. Visit megaphone.fm/adchoices