Joe Fairless

Joe Fairless, Co-founder of Ashcroft Capital, is a real estate mogul managing $2.7 billion in apartments and hosts a daily podcast on real estate. He shares insights on transitioning from active to passive investing, emphasizing the importance of forming strategic partnerships. Joe discusses revaluing time versus money to unlock financial freedom and suggests that time is our most precious resource. He also highlights the necessity of identifying strong passive investment opportunities to enhance revenue while managing a business.

In this engaging discussion, Joe Fairless, founder of Ashcroft Capital and host of a popular real estate podcast, shares his insights from navigating the turbulent multifamily market. He breaks down the three market stages—euphoria, correction, and early recovery—highlighting why certain areas like Dallas are rebounding faster. Joe also dives into lender behaviors and the implications of eviction backlogs. Notably, he emphasizes the need for AI in commercial real estate, stating those who resist will be left behind. A must-listen for real estate enthusiasts!

Joe Fairless, co-founder of Ashcroft Capital, oversees $2.8 billion in assets and shares his insights on navigating commercial real estate. He discusses capitalizing on opportunities amid market distress by strengthening lender relationships. With record apartment absorption rates and a decreasing construction pipeline, Joe highlights how these factors create unique buying opportunities. He emphasizes 'extreme ownership' in investor communications during tough times, revealing lessons learned from past deals and the importance of transparency in decision-making.