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
Aug 12, 2024 • 34min
JF3630: Best Ever Host Ash Patel on Finding High-Value Deals, Timing the Market, and Navigating the Challenges of Commercial Real Estate
Ash Patel, a seasoned commercial real estate investor, shares his transformative journey from an IT professional to a property mogul. He delves into identifying high-value deals and the current market's unpredictable nature, highlighting promising opportunities in office spaces within walkable suburbs. Ash emphasizes the necessity of a solid team for scaling and reveals crucial lessons from his own missteps in investment. He also examines the impact of COVID-19 on workplace dynamics and the shifting strategies within the commercial real estate landscape.
Aug 11, 2024 • 26min
JF3629: Turning Underutilized Assets into High-Performing Investments, Lessons from Multifamily Renovations and Hotel Conversions ft. Daniel Casey
Daniel Casey, CEO of North40 Capital, specializes in transforming underutilized C and D apartments into affordable, high-quality housing that competes with Class A properties. He discusses the strategic nuances of transitioning from motels to multifamily investments and the operational hurdles faced during renovations. Casey highlights the importance of building local relationships in Tacoma's real estate landscape, emphasizing tax advantages and long-term investment strategies that enhance returns while ensuring quality living spaces.
Aug 10, 2024 • 29min
JF3628: Debating Cash Flow vs. Appreciation: Navigating High-Interest Markets and Long-Term Growth Strategies ft. Ian Cruz
Ian Cruz, a partner at ELEV8 Capital specializing in multifamily real estate, joins the discussion to dissect cash flow against appreciation in the current market. They debate how high interest rates are reshaping strategies for 2024 multifamily opportunities. Ian emphasizes the critical need to understand market fundamentals and the importance of vetting operators. They highlight the shifting dynamics in real estate, advocating for conservative underwriting and focusing on long-term trends in this volatile environment.
Aug 9, 2024 • 23min
JF3627: Revolutionizing the Rental Market, Harnessing AI for Landlords, and Pricing with Data-Driven Confidence ft. Anthemos Georgiades
Anthemos Georgiades, Co-founder and CEO of Zumper, talks about revolutionizing the rental market with tech solutions that bridge the gap between landlords and renters. He explains the importance of understanding these audiences to streamline the rental process. The conversation dives into how Zumper employs AI to offer unique tools, including a pricing recommendation feature that enhances decision-making. Anthemos also highlights the power of data, showcasing recent trends to help landlords price their properties competitively in a shifting market.
Aug 8, 2024 • 32min
JF3626: Increasing ROI with Amenities, Designing for Long-Term Tenants, and Creative Value-Add Strategies ft. Katie Decker-Erickson
Katie Decker-Erickson, a designer specializing in multifamily properties, shares her insights on boosting ROI through innovative amenities. She emphasizes the impact of pet-friendly spaces and community areas on tenant satisfaction. Katie discusses the evolving preferences of younger generations for outdoor and sustainable designs. She also highlights the value of repurposing underutilized spaces to enhance property appeal. Her creative strategies offer a fresh perspective on maximizing occupancy and attracting long-term tenants in a competitive market.
Aug 7, 2024 • 32min
JF3625: Housing Policy Insights, Addressing the Housing Shortage, and Future Market Trends ft. Dejan Eskic
Dejan Eskic, a senior research fellow and real estate economist, dives into the pressing issues of housing policy and affordability. He shares insights on the challenges posed by zoning regulations and the wealth gap between homeowners and renters. The discussion covers demographic trends and the critical role of accurate data in shaping policy. Eskic advocates for standardized zoning practices to encourage denser housing solutions, including accessory dwelling units, as effective ways to counter the housing shortage in Utah and beyond.
Aug 6, 2024 • 35min
JF3624: What Really Happens After an Apartment Complex Fire ft. Rachael Jones
Rachel Jones, principal of Clover Capital Group, specializes in multifamily apartments. She shares her insights on turning around distressed properties amidst challenges like fire damage and non-paying tenants. Rachel discusses the delicate balance between raising rents and keeping tenants happy. The podcast also covers the complexities of navigating insurance claims post-fire and highlights the importance of mentorship for multifamily investors, akin to Y Combinator, underscoring community involvement and strategic partnerships.
Aug 5, 2024 • 21min
JF3623: Capital Raising in Distressed Markets, Managing Fixed-Rate Debt, and Achieving 2X Equity Multiples ft. Jay Maranan
Jay Maranan, a capital raising expert from Zen Coast Capital, shares insights from his journey transitioning from biotech to real estate. He underscores the vital role of trust and networking in securing investor relationships. Jay delves into capital raising strategies for distressed markets, using a recent acquisition case study to illustrate his points. He emphasizes the importance of transparent communication with investors and offers practical advice for managing fixed-rate debt and overcoming market challenges.
Aug 4, 2024 • 33min
JF3622: Selling at a Loss, Dealing with Management Changes, and the Importance of Fixed-Rate Loans ft. Bradley Sumrok
Bradley Sumrok, a seasoned real estate expert and mentor, dives into his experiences with challenging investments and the importance of holding off on selling unless absolutely necessary. He emphasizes the need for thorough vetting of partners and maintaining liquidity in tough times. With 7,700 units under his belt, he shares valuable lessons on effective management, communication with investors, and navigating market complexities. Plus, he highlights the profound impact of mentorship and philanthropy in shaping successful real estate careers.
Aug 3, 2024 • 33min
JF3621: Infill Strategies for Mobile Home Parks, RV Park Opportunities, and Retail Challenges ft. Ryan Hill
Ryan Hill, CEO of Phoenix Capital, specializes in custom deals in mobile home parks and RV parks. He discusses the challenges and strategies of infill development, emphasizing the need for passion and grit in real estate. The conversation dives into tenant diversity in retail spaces and effective leasing strategies for neighborhood strip malls. Ryan also shares insights on balancing lot rents with construction costs in mobile home communities and the critical factors influencing rental income and community impact.
