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
Dec 1, 2024 • 26min
JF3741: Mobile Home Park Value-Add Deal Deep Dive: Turning a $1.3M Contract into a $650K Purchase ft. Amanda Cruise
Amanda Cruise, a seasoned real estate investor specializing in mobile home parks, shares her journey of acquiring a park for just $650K, significantly down from a $1.3M contract. She discusses her experiences with a difficult previous owner, navigating financial challenges, and the importance of community networking. Amanda dives into strategic resource management, how to revitalize neglected properties, and her future plans for enhancing tenant experiences. Tune in for valuable insights on negotiation tactics and overcoming acquisition hurdles!
Nov 30, 2024 • 28min
JF3740: Understanding Real Estate Market Phases: Core Multifamily Insights from a $1.8B Portfolio ft. Forrest Corral
Slocomb Reed interviews Forrest Corral, a principal at LTL Multifamily, who shares his extensive experience in the multifamily real estate sector. Forrest discusses his journey from accounting to real estate, the skills that have contributed to his success in acquisitions, and his insights on understanding market cycles. He emphasizes the importance of adapting investment strategies to current market conditions, particularly in light of rising interest rates and changing economic factors. The conversation provides valuable advice for aspiring real estate investors and highlights the opportunities present in the current market landscape.Forrest Corral | Real Estate Background
Principal / Chief Investment Officer at LTL Investments
Based in: Newport Beach, California
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LinkedIn
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Nov 29, 2024 • 1h 5min
JF3739: Building Two Niche Real Estate Empires Through Mobile Homes & Parking Lots ft. Kevin Bupp
In this engaging discussion, Kevin Bupp, a seasoned real estate investor with over a billion dollars in transactions, shares his expertise in mobile home parks. He dives into how the COVID-19 pandemic reshaped the market dynamics and emphasizes the stability of mobile home parks as investments. Kevin also elaborates on unique financing options for mobile homes and contrasts them with traditional housing. He explores the strategic advantages of investing in both mobile homes and parking lots, showcasing valuable insights for aspiring investors.
Nov 28, 2024 • 28min
JF3738: Private Money vs Flipping: Why Lending Beats Being in the Trenches ft. Mike Seidl
Mike Seidl shares his entrepreneurial journey, starting from his first company in the medical alert industry to his current role as a private money lender in real estate. He discusses the transition from flipping houses to lending, the advantages of being in a lending position, and insights into the current real estate market. Mike emphasizes the importance of cash flow, building relationships, and being prepared for future opportunities in the market.Mike Seidl | Real Estate Background
Co-Founder of REI Capital Guys
Based in: Las Vegas
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www.REICapitalGuys.com
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Nov 27, 2024 • 25min
JF3737: Demystifying LIHTC Properties: The Hidden Opportunities in Low-Income Housing Tax Credits ft. Mikhail Kaufman
In this episode, host Slocomb Reed interviews Mikhail Kaufman, COO of Kraft Capital Investments, who specializes in LIHTC (Low Income Housing Tax Credit) multifamily properties in the Dallas-Fort Worth area. Kaufman shares his expertise in managing these specialized properties, explaining how LIHTC deals require unique operational knowledge due to income restrictions and compliance requirements, but can offer better returns due to less competition from buyers. He details how his team creates value through operational efficiency, leveraging housing subsidies, and potentially repositioning properties once tax credit restrictions expire. Kaufman emphasizes that staffing remains his biggest challenge, particularly finding and retaining qualified maintenance personnel, and stresses the importance of hands-on management and building strong relationships with employees.Mikhail Kaufman | Real Estate Background
Chief Operating Officer - Craft Capital Consulting
Based in: McKinney, Texas
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Nov 26, 2024 • 30min
JF3736: The Secret Life of Interest Rates — Inflation, the Election, and What Comes Next ft. Ben Lapidus
John Chang and Ben Lapidus explore the current state of the real estate market in John's debut episode of "The Horizon with John Chang". They focus on the impact of interest rates, differing regional perspectives, and the long-term outlook for real estate investments. They discuss the importance of understanding market dynamics, the potential for investment opportunities, and the need for investors to keep a forward-looking perspective. The dialogue emphasizes the value of real estate as a consistent and reliable investment vehicle, even amidst fluctuating economic conditions.Sponsors:Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 25, 2024 • 36min
JF3735: Healthcare Development, Wedding Venues & The Art of Finding Lucrative Real Estate Niches ft. Austin Hair
Amanda Cruise and Ash Patel interview Austin Hair, a real estate entrepreneur with a diverse portfolio including wedding venues and retail centers. Austin shares his journey from being a professional wakeboarder to becoming a successful real estate investor. He discusses the challenges and opportunities in the wedding venue business, the complexities of financing real estate, and his transition into retail real estate. The conversation highlights the importance of understanding market dynamics, the blurred lines between real estate and hospitality, and the realities of passive income in the real estate sector.Austin Hair | Real Estate Background
Leaders Real Estate
Based in: Orlando, FL
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LinkedIn
www.leadersre.com
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Nov 24, 2024 • 36min
JF3734: The Hidden Power of C-PACE: Why Most Real Estate Projects Already Qualify for Low-Cost, Fixed-Rate Financing ft. Laura Rapaport
Joe Cornwell interviews Laura Rapaport, Founder & CEO of North bridge, to discuss the Commercial Property Assessed Clean Energy (C-PACE) program. Laura shares her extensive background in real estate and explains how C-PACE financing works, its benefits, and its eligibility criteria. The conversation delves into practical applications of C-PACE in development projects, financial structures, and market trends, providing valuable insights for real estate investors and developers. Laura also offers her outlook on the real estate market for 2025, emphasizing the importance of adapting to changing conditions and utilizing innovative financing solutions.Laura Rapaport | Real Estate Background
Founder & CEO of North Bridge
Based in: New York, New York
LinkedIn
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Nov 23, 2024 • 22min
JF3733: Structuring a No-Headache Bar Deal: Getting Business Profits Without the Business Hassles ft. Ash Patel and Amanda Cruise
Ash Patel shares his experiences and insights into investing in businesses, particularly in the bar and nightclub sector. He discusses the emotional aspects of investment decisions, the risks associated with buying businesses versus real estate, and the importance of structuring deals to protect against potential downsides. Ash reflects on his past failures and successes, emphasizing the need for careful planning and partnership dynamics in business ventures.Sponsors:Altra Running Learn more about your ad choices. Visit megaphone.fm/adchoices
Nov 22, 2024 • 1h 3min
JF3732: Making Taxes Work For You: Bonus Depreciation, QBI Deductions, and Real Estate Professional Status Secrets ft. Amanda Han
Amanda Han and Matt Faircloth discuss the current tax strategies for real estate investors, focusing on the implications of recent political changes and the impact of tax legislation on investment decisions. They explore the benefits of the Qualified Business Income Deduction, the significance of bonus depreciation, and the increased funding for the IRS leading to more audits. The discussion also touches on the political dynamics that influence tax laws and the future outlook for tax benefits under a new administration.Amanda Han | Real Estate Background
Tax Managing Director at Keystone CPA
Based in: Orange, California
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LinkedIn
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