The Best Ever CRE Show

A strategy for buying apartment communities that we haven’t really covered is to purchase the LLC that owns the community. There are advantages and disadvantages to this of course, and Theo will break those down in detail on today’s episode of Syndication School. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You can keep the current tax valuation when you purchase the LLC” Free Document: LLC Purchase Transfer: http://bit.ly/llcpurchasetransfer  Get more real estate investing tips every week by subscribing to our newsletter at BestEverNewsLetter.com  Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

Finding deals is one thing, closing the deal and bringing the required capital to the table is another. One thing we have hammered home with Syndication School is the need to gain credibility with investors. Theo will cover more ways you can accomplish this in today’s episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you don’t have expertise yet, you can interview people who have expertise”  Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com  Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete. TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

Brian is a Chiropractor by trade, while also being an active real estate investor who helps other people safely invest in real estate. He had a client come in and tell him he just retired, put his savings in the stock market, and then it crashed. That client lost 30-40% of his life savings overnight. Brian never wanted that to happen to him so he started learning about real estate and hard assets. We;ll hear what he learned and hear some case studies of his deals, the good and the bad. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Fortunately we found it or it would have been an environmental nightmare, sometimes the best deals are the ones you don’t do” - Brian Robbins Dr. Brian Robbins Real Estate Background: A successful entrepreneur before entering the multifamily investment arena Owned his own small apartment complex, a 32,000 sq. ft. shopping center and some SFR’s Based in Danville, VA Say hi to him at www.wealthgencap.com  Best Ever Book: Ten X Rule Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

Anna and Ken are a husband and wife team, who are both military veterans and now full time real estate investors. When they finished with the military, they held W2 jobs while also getting into real estate investing. After just two years of investing, they were ready to leave their jobs and be full time investors. We will hear how they were able to do that in a short amount of time. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It’s not glamorous and it’s not easy” - Anna & Ken Hummel Anna & Ken Hummel Real Estate Backgrounds: Veterans who are just now getting some skin in the real estate game. They have 6 rental units, working on first flip, have left W2 jobs behind in just two years of real estate investing Based in Colorado Say hi to them at https://www.facebook.com/AKhomesLLC/  Best Ever Book: The 4 Hour Work Week Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael has many years of experience in the real estate investing world. From working with small family brokerages and offices, commercial real estate, to opening his very own brokerage. These days, Michael is still a broker, focusing on his clients and how to best serve them and their investing needs. We’ll hear how he does this, the questions he asks, and the properties he finds for his clients. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Let them talk!” - Michael Polk Michael Polk Real Estate Background:  Founder of Polk Properties Has over 30 years of real estate experience Based in Long Beach, CA Say hi to him at http://polkproperties.net/ Best Ever Book: The Ascent of Money Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

As the title suggests, Logan was an undrafted NFL player who worked really hard to make it to the league. Once his time in the NFL was over, he had to reinvent himself from an athlete to...what? Real estate investing was the answer for him, as it is for many of us if you’re listening to this podcast. Hear his story of making the change and what he does with real estate investing. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “When you’re buying something that’s almost 150 years old, you really need to take an expert in there with you” - Logan Freeman Logan Freeman Real Estate Background: Real estate investor, developer, and agent  Has completed over 120 transactions in less than one year Ex NFL player for the Oakland Raiders Based in Kansas City, MO Say hi to him at http://livefreeinvestments.com/  Best Ever Book: Capital Raising by Richard Wilson Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

More Best Ever Lessons coming at you today from Joe’s interviews. Today’s lessons are coming from William Robison (https://www.kansascityinvestmentrealestate.com/), DJ Scruggs (https://realbluespruce.com/), and Jens Nielsen (https://opendoorscapital.com/). If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “You can still find deals if you are resourceful enough” Free Document: Rental Comparable Analysis: a template for completing Step 6 to 8 of the underwriting process: http://bit.ly/besteverrentalcomps  Referenced in this show: https://joefairless.com/8-step-process-for-finding-the-owner-of-an-llc/  Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

Theo will be sharing a few stories with us today. A couple of stories come from Joe, and you may have heard them before, if you’re a loyal Best Ever Listener. The other story is his own. These stories are all focused on networking and how to add value to others, which will ultimately help you and your business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “It’s about going to the conference and putting yourself in position to find partners” Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

Theo is back with some important syndication information. He will be covering where the majority of Joe’s (Ashcroft Capital’s) investor capital comes from. This information is being shared with you so that you can take the information and use it for your own syndication business. Even as I write these notes, it’s hard to believe that Joe is okay with sharing all his “secrets” but nonetheless, here we are, telling you exactly where Joe finds investors to invest in his deals. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “People who have already invested with you will be more inclined to invest more money than a first time investor”  Free Money Raising Tracker: http://bit.ly/moneyraisingtracker Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices

With the advancements in technology, Allan’s job as a commodity trader was shifting from the yelling and screaming on the trading floor to behind a computer screen. With many people in his position losing their jobs to technology, Allan decided to explore real estate investing. It was not a tremendous start, but Allan overcame some bad deals and relationships to ultimately succeed, and he keeps on succeeding. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The reason it wasn’t a great deal is because I didn’t know enough about the neighborhood” - Allan Szlafrok Allan Szlafrok Real Estate Background: Investing in real estate since 2010 Has been involved in over 100 real estate transactions ranging from single family homes to multifamily apartment buildings Based in Long Island, NY Say hi to him at https://www.linkedin.com/in/allan-szlafrok-b86b0128/ Best Ever Book: Against the Gods  Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.    TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evictions.  For a limited time, listeners of this podcast are invited to try SmartMove tenant screening for 25% off. Go to tenantscreening.com and enter code FAIRLESS for 25% off your next screening. Learn more about your ad choices. Visit megaphone.fm/adchoices