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 11, 2024 • 36min
JF3721: Tackling 12-Cap Office Deals, Avoiding Land Development Pitfalls, and Navigating Florida’s Insurance Hikes ft. Ken Naim
Ash Patel and Amanda Cruz interview Ken Naim, a commercial real estate investor and manager at Beacon One Capital. Ken discusses the current state of the office market, dispelling myths about its toxicity and highlighting the opportunities available for savvy investors. He shares insights on buying and selling strategies, the importance of creating attractive office spaces, and the challenges of land entitlement projects. Ken also reflects on a significant lesson learned from a land development failure, emphasizing the need for thorough documentation and understanding of local government processes. The conversation concludes with Ken's preference for commercial buildings over land development due to their predictability and lower political risks.Ken Naim | Real Estate Background
Beacon One Capital
Based in: Lake Worth, FL
Say hi to him at:
LinkedIn
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Nov 10, 2024 • 34min
JF3720: Closing $10K Properties at the Table, Mastering Owner Financing, and Tackling $5M Single-Family Investments ft. Randal McLeaird
Joe Cornwell interviews Randal McLeaird, a seasoned real estate investor and owner of Ridgeline Investment Group. Randal shares his journey into real estate, starting from his first deal in 2009 to scaling his flipping business and transitioning into multifamily investments. He discusses the mindset of new investors, the importance of understanding market trends, and the strategies that have worked for him over the years. The conversation also touches on the challenges and changes in the real estate market, especially during and after the COVID-19 pandemic. Randal emphasizes the need for Careful Consideration in investment decisions and the importance of understanding risks involved in real estate. He also outlines his current focus on acquiring small multifamily properties and expanding his single-family owner financing business.Randal McLeaird | Real Estate Background
Ridgeline Investment Group & Agents Building Cashflow
Based in: San Antonio, TX
Say hi to him at:
LinkedIn
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Nov 9, 2024 • 21min
JF3719: From MLB to 6,500 Units, Navigating California's Market, and Tackling Insurance Hikes ft. Josh Satin
Slocomb Reed interviews Josh Satin, managing partner of Gelt Venture Partners, who shares insights into his journey from professional baseball to real estate investment. Josh discusses his recent acquisition of a multifamily property in San Diego, detailing the business plan, value-add strategy, and the operational challenges faced in the current market. He emphasizes the importance of market knowledge over asset quality, shares lessons learned from past mistakes, and explains how he manages rising insurance costs.Josh Satin | Real Estate Background
Partner and Chief Investment Officer at Gelt Venture Partners
Based in: Los Angeles, CA
Say hi to him at:
LinkedIn
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20 snips
Nov 8, 2024 • 1h 8min
JF3718: $5 Billion in Deals, Building Thriving Communities, and the Goal of 1 Million Affordable Homes ft. Don Wenner
Don Wenner, CEO of DLP Capital, aims to create a million affordable housing units and impact 100 million lives. He discusses DLP’s focus on long-term affordable housing for working families, building thriving communities, and supporting residents beyond housing. He explains DLP's shift from individual assets to an evergreen fund model, emphasizing the value of direct investor relationships and the RIA channel. Don advises operators to prioritize strong leadership, structure, and disciplined growth. He also stresses hiring an accountant or CFO, building an organized leadership structure, and empowering leaders. His goals include meeting investor returns, rapid growth, and expanding DLP’s banking platform. Don also shares tips on work-life balance and health for longevity.Don Wenner | Real Estate Background
Founder & CEO of DLP Capital
Based in: St Augustine, FL
Say hi to him at:
LinkedIn
www.dlpcapital.com
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Nov 7, 2024 • 22min
JF3717: Breaking Ground on Self-Storage, Doubling Returns in Multifamily, and Converting to Assisted Living ft. Letitia Montelongo
Slocomb Reed interviews Letitia Montelongo, a principal at Montelongo Capital, who shares insights into her journey in commercial real estate, focusing on multifamily and self-storage investments. Letitia discusses the challenges faced in the multifamily market, the transition into self-storage, and the importance of maintaining strong returns for investors. She also highlights her experience with ground-up construction and the strategic decisions made to diversify their portfolio. The conversation concludes with Letitia's perspective on the current state of commercial real estate and her contact information for interested listeners.Letitia Montelongo | Real Estate Background
Montelongo Capital
Based in: San Antonio, Texas
Say hi to him at:
Facebook
LinkedIn
Facebook
Instagram
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Nov 6, 2024 • 32min
JF3716: Tripling Returns on First Deal, 1,400 Units, and Mastering Multifamily While Practicing Law ft. Yosef Lee
Amanda Cruz interviews Yosef Lee, an attorney and multifamily investor, who shares his journey from being a South Korean immigrant to successfully managing 22 multifamily syndications. Yosef discusses his first full cycle deal, the importance of buying right, and how his legal background aids in syndications. He also addresses challenges in partnerships, the shift from being a general partner to a limited partner, and insights into asset management. Additionally, he shares his recent acquisition of a cafe and his plans to build a micro family office for diversified investments.Yosef Lee | Real Estate Background
Y Lifestyle Design & Management
Based in: New York, New York
Say hi to him at:
www.yosefhlee.com
Facebook
LinkedIn
Instagram
Tiktok
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Nov 5, 2024 • 31min
JF3715: Doubling to 800 Units, Bringing Management In-House, and Navigating $1.65M Renovation Challenges ft. Ross McArthur
Joe Cornwell interviews Ross McArthur, owner of Follow the Deal Investments, who shares insights on his journey in real estate over the past year. Ross discusses the strategic decision to bring property management in-house, the challenges and successes of scaling his portfolio, and the evolution of his investment philosophy towards newer vintage properties. He reflects on lessons learned from past deals, including both successes and challenges, and emphasizes the importance of location and property condition in investment decisions. The conversation concludes with Ross's book recommendation and thoughts on future goals in the real estate market.Ross McArthur | Real Estate Background
Follow the Deal Investments
Based in: Indiana
Say hi to him at:
linkedin.com/in/rossmcarthur
www.followthedeal.com
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Nov 4, 2024 • 22min
JF3714: Scaling to 800+ Units, Hands-On Lease-Up Strategies, and Navigating Market Challenges ft. Paula Nichols
Paula Nichols shares her journey from corporate America to becoming a successful real estate syndicator. She discusses the importance of strategic financial planning, the challenges of managing value-add projects, and the significance of effective property management. Paula also highlights her marketing strategies for leasing in Lubbock and reflects on how her perspective on multifamily investments has evolved over the years.Paula Nichols | Real Estate Background
Apogee Capital
Based in: Dallas, Texas
Say hi to her at:
www.apogeemfc.com
www.linkedin.com/thepaulanichols
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Nov 3, 2024 • 33min
JF3713: Scaling Through Adversity, Adding 8 Units to a 24-Unit Deal, and 100% Investor Return ft. Joe Rinderknecht
Joe Rinderknecht shares his unique journey from a ranching background to becoming the CEO and founder of Upgrade Partners Capital, focusing on multifamily real estate investments. He discusses the pivotal moments in his life, including a tragic car accident that shifted his perspective and led him to pursue entrepreneurship. Joe elaborates on his transition to fund management, the challenges faced during a significant deal, and the lessons learned about partnerships, communication, and the importance of surrounding oneself with experienced individuals. He concludes with actionable advice for aspiring investors, emphasizing the value of mentorship and open communication.Joe Rinderknecht | Real Estate Background
Upgrade Partners Capital
Based in: Logan, Ut.
Say hi to him at:
www.upcfund.com
LinkedIn
Instagram
Instagram
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Nov 2, 2024 • 30min
JF3712: Adaptive Reuse Self-Storage, 190K Sq Ft Industrial, and 100% IRRs ft. Jason Adams
Amanda Cruise and Ash Patel interview Jason Adams, owner and president of Signal Ventures, who shares his extensive experience in real estate development, particularly in self-storage and light industrial properties. Jason discusses the current state of the self-storage market, the intricacies of ground-up development, financial insights, and marketing strategies for stabilization. He also delves into adaptive reuse projects and the potential of existing facilities, while reflecting on his past experiences and future plans in the real estate sector.Jason Adams | Real Estate Background
Signal Ventures LLC
Based in: Bend, OR
Say hi to him at:
LinkedIn
www.signalv.com
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