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 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.
Aug 2, 2024 • 28min
JF3620: Overcoming Insurance Hikes, Navigating Texas Multifamily, and Managing 3,800 Units ft. Nic Espanet
Nic Espanet, owner of Flex Equity Group, shares his experience as a passive investor and general partner in multifamily syndications. He emphasizes the importance of getting to know and trust the operators before investing, as well as thoroughly researching their track record. Nic also discusses the challenges he has faced in the current market, such as rising insurance and taxes. Nic Espanet | Real Estate Background Flex Equity Group Portfolio: +1,606 doors Based in: Fort Worth, TX Say hi to him at: LinkedIn
www.nicespanet.com Best Ever Book: Rich Dad Poor Dad Sponsors: Viking Capital Apartments.com Hotel Shift Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 1, 2024 • 37min
JF3619: Boosting NOI with Bulk Internet and Reserved Parking, and Mastering Fixed-Rate Debt Strategies ft. Mike Woodfield
Mike Woodfield, owner of Obsidian Capital, advises focusing on good underwriting, conservative practices, and strong partnerships in multifamily real estate investing. He emphasizes fixed-rate debt and HUD loans. Mike Woodfield | Real Estate Background Obsidian Capital Portfolio: Total of 16 properties Based in: Austin, TX Say hi to him at: www.obsidiancapitalco.com Best Ever Book: 12 Rules for Life by Jordan Peterson Sponsors: Viking Capital Apartments.com Hotel Shift Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 31, 2024 • 19min
JF3618: Scaling from Single-Family to Multifamily, Streamlining Management with VAs, and Direct-to-Seller Strategies ft. Grant Francke
Grant Francke, a full-time real estate investor, shares his experience and insights on value-add small to midsize multifamily investing. He discusses his background, portfolio, and day-to-day responsibilities. Grant emphasizes the importance of treating people right and having a clear why in real estate investing. Grant Francke | Real Estate Background Owner of GLF Properties Based in: Adams, NE Say hi to him at: GrantFrancke.com Best Ever Book: The Unlikely Investor by Grant Francke Sponsors: Viking Capital Apartments.com Hotel Shift Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 30, 2024 • 32min
JF3617: From Geospatial Analyst to Multifamily Syndicator, Managing 376 Units, and Building Strategic Broker Relationships ft. Donato Callahan
Donato Callahan, acquisitions manager at CRE Capital, shares his background and journey in real estate investing. He discusses his role as an acquisitions manager and the challenges he faces in finding deals that meet specific criteria. Donato emphasizes the importance of building relationships with brokers and consistently looking at a large number of deals. He also talks about the changes in the real estate market over the years and the strategies his company employs. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 29, 2024 • 28min
JF3616: Mastering $1.3 Billion in Sunbelt Developments, Adapting to Market Shifts, and Building Schools Globally ft. AJ Klenk
AJ Klenk, Managing Partner of Catalyst Capital Partners, joins Slocomb Reed on the Best Real Estate Investing Advice Ever Show. AJ shares insights into the current multifamily market, including the impact of new construction projects on rent rates. He also talks about Catalyst's focus on the Southeast and the factors they consider when choosing markets for development. AJ Klenk | Real Estate Background Catalyst Capital Partners, Built on Hospitality Based in: Charlotte, North Carolina Say hi to him at: www.catalystcp.com www.builtonhospitality.com www.capstone-companies.com LinkedIn www.buildon.org Best Ever Book: Who Not How by Dan Sullivan Sponsors: Viking Capital Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 28, 2024 • 26min
JF3615: Adapting to Market Shifts, Securing Investor Trust, and Innovating with Condo Developments ft. Steve Arneson
Steve Arneson, CEO of Synergy Mastermind and the Reinvestors, discusses his experience in real estate investing and the challenges he has faced in the Canadian market. He shares how his business has evolved over the years, focusing on new construction development and managing existing properties. Steve Arneson | Real Estate Background Synergy Mastermind & The REINVESTORS Based in: Victoria, BC Say hi to him at: Instagram www.synergymastermind.ca Best Ever Book: Seven Habits of Highly Effective People Sponsors: Viking Capital Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 27, 2024 • 28min
JF3614: Handling Long Escrows, Utilizing Tax Exemptions for Value Add, and Building Investor Trust ft. Craig McGrouther
Craig McGrouther, Director of Business Development at Lone Star Capital, shares insights on value-add real estate and capital raising. He discusses the challenges of convincing investors to invest in value-add opportunities and the importance of communication in building trust. Craig McGrouther | Real Estate Background Lone Star Capital Portfolio 4,000 units in TX Based in: NYC, NY Say hi to him at: LinkedIn Best Ever Book: Rich Dad Poor Dad Sponsors: Viking Capital Apartments.com Learn more about your ad choices. Visit megaphone.fm/adchoices
