

The Best Ever CRE Show
Joe Fairless
Welcome to the Best Ever CRE Show, the world’s longest-running daily COMMERCIAL real estate podcast. Founded by Joe Fairless, a co-founder of Ashcroft Capital who went from buying $35,000 homes to controlling more than $2.7 billion in real estate assets, the Best Ever CRE Show provides commercial real estate expert insights, education, and timely information to our community of active and passive investors who want to build wealth, build a legacy, and do more good in the world.So if you want the real stories behind the good, the bad, and the worst ever deals — plus, insights into what really goes on in commercial real estate investing — you’re in the right place. Our hosts interview commercial real estate experts every day to uncover secrets and strategies YOU can use to become a better, more informed investor. This is the Best Ever CRE show.Join the Best Ever CommunityThe Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow.Apply now at www.bestevercommunity.com
Episodes
Mentioned books

Sep 19, 2025 • 49min
JF 4033: From Turnkeys to Billions, GP Breakups and Tax Surprises ft. Lane Kawaoka
Lane Kawaoka, the founder of The Wealth Elevator, is a seasoned real estate investor who transformed from house hacking into a billion-dollar multifamily empire. He shares the challenges of operating C-class assets and a tough GP breakup that involved critical paperwork and tax implications. Lane emphasizes the importance of selecting competent operators over profit splits and discusses his Wealth Elevator framework for evolving from an operator to an investor. Tune in for invaluable insights on market strategies and the complexities of real estate partnerships!

Sep 18, 2025 • 58min
JF 4032: Silver Tsunami, Smart Leverage and Recession-Resistant Cash Flow ft. Sean Smith
Sean Smith, Managing Partner at Search Fund Ventures, dives into the world of search funds and small business investments. He discusses the 'silver tsunami' of retiring baby boomers, creating unique opportunities for investors. Sean shares insights on his four-part diligence system and a 215-point checklist for evaluating essential businesses in recession-resistant markets. He emphasizes the need for careful scrutiny of terms and risks when investing, while revealing the stark reality of a mere 2% closure rate on deals reviewed, making this a must-listen for aspiring LPs.

Sep 17, 2025 • 55min
JF 4031: Using Podcasts to Build Trust and Raise More Capital ft. Spencer Carpenter
In this discussion, Spencer Carpenter, Founder of Outlier Audio and an expert in podcast guesting, shares valuable insights on leveraging podcast appearances to build trust and attract capital in commercial real estate. He emphasizes the importance of preparation, avoiding common pitfalls, and harnessing authentic storytelling. Spencer also highlights how podcasts can enhance visibility and networking opportunities, empowering investors to elevate their presence and refine their messaging. His practical tips on energy and presentation promise to elevate any podcast experience.

Sep 16, 2025 • 1h 7min
JF 4030: Fireside Chat - Broker Blind Spots, Split-And-Sell Wins and Faster Cash Flow with Ash Patel and John Casmon
In a captivating discussion, two experts delve into the shifting landscape of commercial real estate. They highlight the creative potential found in non-residential properties, sharing success stories of undervalued office deals. Strategies like split-and-sell are explored, showcasing how specific acquisitions can yield impressive returns with reduced risk. The conversation also navigates the challenges of traditional multifamily investments, advocating for a broader perspective on property types. Listeners will gain insights into seizing unique investment opportunities amid evolving market conditions.

Sep 15, 2025 • 37min
JF 4029: Build-to-Rent Momentum, Fund-of-Funds Partnerships and The Waco Playbook ft. Ryan Watts
Ryan Watts, co-founder of Red River Development, discusses scaling a Build-to-Rent platform to 1,900 units and $600M AUM. He shares insights on maximizing investor credibility using prerecorded webinars and expert insights. Ryan previews a promising 206-home project in Waco, Texas, highlighting its conservative capital strategy and strong market demand. He also emphasizes the importance of networking with fund managers and effective marketing to attract investors in today's evolving real estate landscape.

Sep 14, 2025 • 36min
JF 4028: Cap Rates Elevated, Construction Pullback and Positive Leverage Returns with John Chang
John Chang, head of research at Marcus and Millichap, dives into the current economic landscape, highlighting a slow rise in inflation and its implications for Fed rate cuts. He discusses the rare positive leverage available for multifamily financing and the ongoing decline in construction starts. Chang notes the challenges posed by high labor and material costs, while also uncovering favorable long-term trends in certain asset classes like Class A/B multifamily and medical offices, rife with opportunities as conditions evolve.

Sep 13, 2025 • 57min
JF 4027: Direct To Seller Systems, Relationship Marketing and Scaling With LP Capital ft. Axel Ragnarsson
In this conversation, Axel Ragnarsson, founder of Aligned Real Estate Partners, dives into direct-to-seller strategies in New England's multifamily market. He shares his innovative playbook focusing on relationship-first outreach methods, like emails and texts, to connect with property owners. Axel discusses overcoming challenges in capital raising by leveraging platforms like podcasts and LinkedIn. He also reveals insights on scaling operations through key partnerships and managing assets effectively, underscoring the psychology of handling rejection in business.

Sep 12, 2025 • 1h 7min
JF 4026: CapEx Reserves, Delinquency Screens and Affordability Underwriting ft. Mike Roeder
Mike Roeder, Co-Founder and Managing Partner at Granite Towers Equity Group, brings his expertise in multifamily assets to the discussion. He shares how words can shape community perceptions and why aligning third-party teams with owner values is crucial. Roeder emphasizes the importance of upfront CapEx and thorough delinquency screening to bolster affordability. His asset management strategies, including incentivized collections and innovative revenue ideas, like monetizing amenities, showcase a forward-thinking approach in navigating today's real estate landscape.

Sep 11, 2025 • 58min
JF 4025: 100% Bonus Depreciation, SALT Cap Relief and PTET Strategies ft. Amanda Han and Matt MacFarland
Amanda Han and Matt MacFarland, co-founders of Keystone CPA, share expert insights for real estate investors. They discuss the crucial reinstatement of 100% bonus depreciation and how placed-in-service timing impacts tax savings. The duo highlights strategies for managing depreciation recapture and utilizing SALT cap relief. They also reveal savvy 'strategy stacking' techniques that can enhance tax advantages. Expect practical tips on due diligence red flags and aligning exit timelines with your CPA for optimal investment success.

Sep 10, 2025 • 49min
JF 4024: Unsexy Winners, Exit Multiples and When Franchising Beats Going Solo ft. Jon Ostenson
Jon Ostenson, Founder & CEO of FranBridge Consulting, shares insights on non-food franchises and their hidden profitability. He explains why home services can outperform traditional food businesses, delves into effective territory strategies, and highlights the crucial role of franchisor support. Jon also discusses the risks associated with food franchises, due-diligence practices, and the importance of company culture. Expect a lively exploration of how 'unsexy' ventures like dumpsters and asphalt can lead to substantial success in franchising.