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
Nov 28, 2021 • 27min
JF2644: What One CRE Investor Did to Survive--and Conquer--the 2008 Recession with Jerome Maldonado
Jerome Maldonado was nearing the end of his retail center construction and about to start developing office condos when the 2008 recession hit. Overnight, his bank stopped all funding, leaving him without the remaining $300,000 needed to complete the project. Jerome takes us through his journey of navigating the recession and how he managed to pull through and succeed with his property. Jerome Maldonado Real Estate Background Full-time Commercial Real Estate Investor 20+ years of experience Portfolio consist of 400 real estate transactions between buy/hold, flip, development, and more Based in Albuquerque, NM Say hi to him at: www.jeromemaldonado.com Check out our previous episode with Jerome, JF2562: $7M in Less Than 2 Years with Jerome Maldonado. Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 27, 2021 • 29min
JF2643: The 5 Secrets to Closing Your First Deal with Michael Blank
Starting off on your first deal can be daunting. How big of a deal should you aim for? How do you build a good team? Where can you find a good network? Host Joe Fairless and guest Michael Blank share their top five secrets to closing your first deal. Michael Blank Real Estate Background Entrepreneur and Investor Helped investors purchase over 9,500 units valued at $445M through his training programs As CEO of Nighthawk Equity, he controls over $200M in performing multifamily assets Based in Atlanta, GA Say hi to him at: www.themichaelblank.com
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Nov 26, 2021 • 31min
JF2642: How Smaller Deals Can Lead to Bigger Payoffs with David Kislin
During the 2008 recession, David Kislin’s bank that handled his construction loan filed for bankruptcy. Fearful for the future, his partners backed out of the project, causing David to lose half of his equity on the deal, totaling around $6 million. From lessons learned on relying too much on investors to the time saved on more granular deals, today David shares why he believes smaller deals can be smarter deals. David Kislin Real Estate Background Full time commercial real estate investor since 1999 Primary focus in multifamily, select commercial properties, and land for ground-up development using a mix of personal capital and a small group of high net worth investors Current portfolio consists of over $300M properties completed Based in Boca Raton, FL Say hi to him at: https://jeldevelopment.com/
Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 25, 2021 • 23min
JF2641: Don't Make These 4 Mistakes as a New Passive Investor | Actively Passive Investing Show with Travis Watts
“What mistakes did you make in your career that I should be on the lookout for as a new passive investor?” Travis Watts answers this listener question by sharing four mistakes he made starting out as a passive investor that you can learn from: Location, location, location: You cannot overcome a bad area with good management. Understand that management is key. Make sure you understand the underwriting. Don’t do a deal just for tax reasons or because you see a lucrative fee split structure. Want a more in-depth look at how to vet a team, a market, or a deal? Then check out our three part mini-series starting with episode JF2396: Passive Investing Strategies | Actively Passive Investing Show With Theo Hicks & Travis Watts. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 24, 2021 • 35min
JF2640: 5 Tips to Boost Your Online Network and Find Investors with Carlos Reinoso
In less than six months, and without a social media team, Carlos Reinoso went from 200 to 5,000 connections on Facebook, a growing online network that eventually helped him score an equity partnership over 240 units. In this episode, Carlos shares his best tips on how to grow your online presence, leverage your network to meet investors, and how your social media accounts can lead to big deals. Carlos Reinoso Real Estate Background Full time realtor and investor, and recently became General Partner as well Involved in a 506B syndication for 240 units as an Equity Partner Actively involved while looking for passive investing opportunities in the future Based in Atlanta, GA Say hi to him at: https://canis-major-investment-capital-llc.business.site/
Best Ever Book: Raising Capital for Real Estate by Hunter Thompson
Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 23, 2021 • 26min
JF2639: How to Plan and Execute Your Multifamily Renovation with Van Sturgeon
Growing up, Van Sturgeon witnessed firsthand how his parents saved their rental property during a rough economic period through the use of meticulous budgeting and planning. Now, as an entrepreneur with over thirty years of real estate experience, Van uses this knowledge to help people overcome their fears of renovating and rehabbing by helping them break down the details and costs of their project. In this episode, Van shares his best tips for finding good renovation properties and how to create a realistic Renovation Calculator to properly execute your next multifamily renovation. Van Sturgeon Real Estate Background: Entrepreneur, real estate investor, land developer and owns a number of businesses in real estate Currently owns and manages over 1,000 units in Michigan, Ohio, New Brunswick, and Florida Based in Toronto & Miami Beach, FL Say hi to him at: www.vansturgeon.com Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 22, 2021 • 29min
JF2638: Why Building Wealth is Better Than Immediate Returns with Steve White
Steve White never thought he would be investing in real estate. That is, until he found a deal that he couldn’t ignore. Steve is sharing his tenant screening guidelines, how he guarantees tenants before buying the building, and which pandemic-proof tenants performed well last year and continue to do so today. Steve White Real Estate Background: Landlord, Real Estate Investor, RentPrep CEO - a company connecting tenants with landlords serving over 150,000 landlords and 2 million tenant screenings Active investor with 15+ years of experience including A/B office space, and particularly with medical tenants Based in Buffalo, NY Say hi to him at: rentprep.com
Best Ever Book: Outwitting the Devil by Napoleon Hill Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 21, 2021 • 26min
JF2637: Sued for $68M: Cautions of Inflation and Risk Appetite with Ted Greene #SkillsetSunday
Ted Greene joins Ash Patel in a discussion of institutional purchases, interest rates, and inflation. Ted shares his earned scar tissue of being sued for $68M and losing money on a personal venture - and how you can position yourself for an impactful retirement. Article mentioned: Buy with Conviction Ted Greene Real Estate Background: Investor Relations Manager at Spartan Investment Group 20+ years of real estate experience Portfolio consists of 14 properties, 10 of which have gone full cycle Based in Golden, CO Say hi to him at: https://spartan-investors.com/
Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 20, 2021 • 44min
JF2636: Crooked Contractor on a $10M Project with Joe DiSanto #SituationSaturday
Are the general practices of general contractors just unsavory? In Joe’s experience, the contractor on his $10M project tried to take advantage every opportunity he could get and with hundreds of thousands of dollars being added, Joe had to find a way to make it work. Listen to Joe and Ash discuss enforcing a contract and penalties, working together with an enemy for a year, and how to get accurate references. Joe DiSanto Real Estate Background: Works part-time as a fractional CFO for 6 companies and 1 family office Portfolio consists of 11 residential rentals, 2 commercial buildings, and 1 piece of raw land Based in Providence, RI Say hi to him at: https://www.playlouder.com/
Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 19, 2021 • 25min
JF2635: Syndicating After Bankruptcy with Tracy Hubbard
When Tracy Hubbard went bankrupt in 1998 after a business went south, he started learning how to get into hard assets, instead. That’s when real estate came into the picture. Today, Tracy is sharing how bankruptcy made him a better businessman, why he looked into multifamily first, and his number one piece of advice for closing off-market deals. Tracy Hubbard Real Estate Background: Full time multifamily syndicator and asset manager, along with agricultural syndications and ranching Current portfolio consists of three properties of 400+ doors Based in Lubbock, Texas Say hi to him at: HubbardCapitalGroup.com Best Ever Book: Texas Wine Pioneers
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