Best Real Estate Investing Advice Ever With Joe Fairless

Aleksey Chernobelskiy, principal at Centrio Capital Partners, joins host Ash Patel on the Best Ever Show. In this episode, Aleksey discusses the GP/LP partnership, including the evolution of the LP mindset when it comes to approaching risk, the biggest mistakes GPs make in their investment decks, and the psychology behind receiving a capital call from a syndicator. Aleksey Chernobelskiy | Real Estate Background Centrio Capital Partners Based in: Phoenix, AZ Say hi to him at: Newsletter LinkedIn Twitter Best Ever Book: Thread Sponsors: InvestHER

Josh Anderson, CEO of Anderson Real Estate Services Group, shares his experience in residential and multifamily real estate investing. He discusses his diverse portfolio, operational focus, market changes, and future industry insights. Josh Anderson | Real Estate Background CEO & Owner of The Anderson Group Real Estate Services Portfolio:  78+ Doors CRE and Rental Based in: Nashville, TN Say hi to him at: Facebook Instagram LinkedIn Best Ever Book: The One Thing by Gary W. Keller Greatest Lesson: Terms are sometimes more important than price. Sponsors: InvestHER    

Thomas Stanchak of Stoneweg US LLC discusses sustainability in real estate. He emphasizes improving building performance, reducing expenses, and documenting initiatives. His advice: have self-confidence and advocate for yourself. Thomas Stanchak | Real Estate Background Stoneweg US, LLC Based in: St Petersburg, FL Portfolio:  ~$2B, >12k units Say hi to him at: www.stoneweg.us https://www.linkedin.com/in/thomas-stanchak/ https://www.linkedin.com/company/stoneweg-us-llc/ Best Advice: "Adopting the mindset and outlook of a global real estate investor." Sponsors: SyndicationAttorneys Baselane InvestHER

Ash Patel and Gino Barbaro discuss real estate syndication challenges. They stress LP due diligence, vetting syndicators, and market analysis. They emphasize aligned interests, communication, and understanding risk, suggesting GPs focus on investor value and LPs prioritize GP track record and transparency. Gino Barbaro | Real Estate Background Co-Founder of Jake & Gino Based in: Knoxville, TN Portfolio: 1,800+ units, $280 Mil AUM Say hi to him at:  Linktree Best Ever Book: The 7 Habits of Highly Effective People by Stephen Covey Best Advice: "Focus on long term goals." Sponsors: SyndicationAttorneys Baselane InvestHER

Nick Stageberg, founder of Black Swan Real Estate, manages $330 million in assets, focusing on value-add repositions. Their GPLP model splits profits 50-50, with LPs getting their capital back first. He advises starting small, scaling up, and adapting quickly. Nick Stageberg | Real Estate Background Black Swan Real Estate Portfolio:  1400 units, both single family and large multifamily, $330 AUM Based in: Rochester MN and Tacoma WA Say hi to him at:  meetblackswan.com thestagebergs.com https://www.facebook.com/blackswanrealestateteam https://www.facebook.com/groups/realestateatscale https://www.instagram.com/blackswanliving/ Best Ever Book: Principles by Ray Dalio Sponsors: SyndicationAttorneys Baselane InvestHER

David Holman, owner of Holman Homes, shares insights from his real estate journey, highlighting the transition from single-family to multifamily properties and new constructions. He discusses the value of green building practices, historic renovations, and the benefits of mixed-use properties. David Holman | Real Estate Background Owner of Holman Homes Based in: Maine Portfolio: 360 residential and commercial units Say hi to him at:   www.holmangrouprealty.com www.holmanhomes.com www.katahdinpropertymanagement.com Sponsors: SyndicationAttorneys Baselane InvestHER

Jason Moss discusses his real estate ventures, including fix and flips, lease options, and new construction with Joe Cornwell. They focus on business evolution, portfolio management, and the significance of cash flow, while Moss shares insights from past challenges and his current projects. Jason Moss | Real Estate Background Owner of RCP Real Estate, West Ridge Group Portfolio:  235 units Based in: Queen Creek, AZ Say hi to him at:  https://www.youtube.com/@RealEstateGettingStarted Sponsors: SyndicationAttorneys Baselane InvestHER

AJ Shepard discusses property management and income strategies with Slocomb Reed on the Best Real Estate Investing Advice Ever Show. They explore recent market challenges in Portland, effects of interest rates, and advice for considering third-party management. AJ Shepard | Real Estate Background Owner of Uptown Syndication and Uptown Properties Portfolio:  250 units, manages 900 Based in: Portland, Oregon Say hi to him at:  www.uptownsyndication.com www.westsideinvestorsnetwork.com www.offsiteprofessionals.com www.uptownpm.com Best Ever Book: Never Lose a Customer Again by Joey Coleman Sponsors: SyndicationAttorneys Baselane InvestHER

Joe Cornwell hosts Ryan Deasey and Mike Doherty from Skytree Investments to discuss their real estate venture, which combines lending, sales, and investment under one roof. They manage over 50 units and focus on providing comprehensive services to streamline the real estate process. The discussion highlights their business model, its benefits, and the synergies of integrating various real estate services. Ryan Deasy and Mike Doherty | Real Estate Background Skytree Investments Portfolio:  5 buildings - 50 units, primarily commercial office space, a couple of residential units Based in: Farmington, CT Say hi to him at:  https://www.skytreeinvestments.com https://www.youtube.com/@skysthelimit.podcast, https://www.facebook.com/skytreeinvestments https://www.facebook.com/skysthelimit.podcast https://www.instagram.com/skysthelimit.podcast/ Best Ever Book: The E Myth by Michael E. Gerber Greatest Lesson: Bigger isn't always better. Sponsors: SyndicationAttorneys Baselane InvestHER

Carlos Rovira of Rovira Property Management joins host Slocomb Reed on the Best Ever Show. In this episode, Carlos discusses how budgets, systems, and processes are the keys to elite property management. He also explains why many landlords get a bad rap and how effective tenant screening can increase overall efficiency. Carlos Rovira | Real Estate Background Rovira Property Management LLC Portfolio:  6 commercial buildings Based in: Miami, FL Say hi to him at:  https://twitter.com/thecarlosrovira https://instagram.com/thecarlosrovira https://rovirapm.com Greatest Lesson: Being vertically integrated is the only way to ensure your properties perform. Sponsors: SyndicationAttorneys Baselane InvestHER

Real estate legend J Scott joins host Joe Cornwell on the Best Ever Show. In this episode, for the first time ever, J Scott discusses his approach to diversification, his biggest regrets from hundreds of single-family flips, and how to strategically make asymmetric bets. He also shares his general investment philosophy, how it has changed with the markets, and how history can (usually) tell you how and where to win. J Scott | Real Estate Background Partner at Bar Down Investments and Host of the Drunk Real Estate Podcast Portfolio:  About 1,000 units of SFR and multifamily 5,000 units as an LP Based in: Sarasota, FL Say hi to him at:  jscott.com Best Ever Book: Thinking, Fast and Slow by Daniel Kahneman Greatest Lesson: The value in holding property for the long-term. That's where real wealth building happens. Sponsors: SyndicationAttorneys Baselane InvestHER

Blake Dailey, founder of StayVest, shares his evolution from short-term rentals to owning a 130-unit boutique hotel in the Smoky Mountains. He discusses financial details, renovation plans, and operational challenges, providing tips for aspiring hotel owners. Blake Dailey | Real Estate Background Stayvest Based in: Ogden, Utah Say hi to him at:  https://blakedailey.com/ https://www.instagram.com/blakejdailey/ www.youtube.com/@BlakeDailey Best Ever Book: Traction by Gino Wickman Sponsors: SyndicationAttorneys Baselane InvestHER

Phil Moeller, an Ohio investor, discusses transitioning from single-family to multifamily real estate. He highlights key profit strategies: cash flow, appreciation, and tax benefits, emphasizing the importance of clear goals and starting small. Phil Moeller | Real Estate Background Moeller Real Estate Based in: Dayton, OH Say hi to him at:  https://www.moellerre.com/ Best Ever Book:  Go Giver by Bob Burg Sponsors: SyndicationAttorneys Baselane InvestHER

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Mike Taravella highlights the importance of financial due diligence in multifamily real estate investing. He stresses verifying financial reports against bank statements to identify discrepancies or fraud. Sponsors: SyndicationAttorneys Baselane InvestHER

Whitney Elkins-Hutten discusses her dual role as the Director of Investor Education at passiveinvesting.com and the founder of Ash Wealth. She focuses on educating busy professionals on how to manage and grow their investment portfolios, emphasizing the importance of financial foundations for successful investing. Her work supports investors in multifamily units, self-storage units, and car washes, aiming to help them achieve better financial outcomes while continuing their professions. Whitney Elkins-Hutten | Real Estate Background Founder of Ashwealth.com Based in: Boulder, CO Say hi to him at: https://www.linkedin.com/in/whitneyelkinshutten/ AshWealth.com https://www.facebook.com/WhitneyHuttenInvesting Sponsors: Viking Capital Baselane InvestHER

Rick Martin, founder of Fortress Federation, discusses adapting to market changes amid rising interest rates and investor uncertainty. He shares risk mitigation strategies like tax abatement deals and underwriting, while emphasizing real estate's long-term value and the importance of giving back. Rick Martin | Real Estate Background Fortress Federation Based in: Redondo Beach, CA Say hi to him at:  www.fortressfederation.com LinkedIn   Sponsors: Viking Capital Baselane InvestHER

Pasha Esfandiary, CEO of Evoke Capital, discusses the growth of his mobile home park business, emphasizing strategic hiring, investor relations, and clear communication. He focuses on markets in Georgia, Alabama, and Texas, advocating for tenant-owned homes. Pasha advises new investors to work with experienced operators and highlights the importance of reading people in both real estate and poker. Pasha Esfandiary | Real Estate Background  Evoke Capital Based in:  Los Angeles, CA Say hi to him at:  https://www.linkedin.com/in/pashaesfandiary/ https://www.facebook.com/pesfandiary https://www.instagram.com/pashaesfandiary https://www.evokecapital.net/ Sponsors: Viking Capital Baselane InvestHER

Josh Green focuses on build-to-rent townhome developments in Salt Lake City, highlighting their demand post-COVID and benefits like tax advantages and lower costs. He emphasizes flexible investment timelines and the importance of a skilled team for successful projects. Josh Green | Real Estate Background Alchemy Design + Development Traverse Capital Based in: Salt Lake City, UT Say hi to him at:  www.linkedin.com/in/joshgreen/ www.alchemydev.com www.thetraverseway.com www.youtube.com/@AlchemyDesignDev Sponsors: Viking Capital Baselane InvestHER

Hait Patel from the DeRosa Group discusses his experience in hotel and multifamily property acquisitions. He covers the challenges and trends in the hospitality industry, the impact of Airbnb, and the shift towards boutique hotels. Patel also explains the advantages of multifamily investing, noting its lower risk and broader market appeal, and emphasizes the importance of long-term investment strategies and portfolio diversification. Hait Patel | Real Estate Background DeRosa Group Based in: Minneapolis, MN Say hi to him at:  LinkedIn Sponsors: Viking Capital Baselane InvestHER

Joshua Condado and Colin Davis, full-time nurses who also invest in mobile home parks, join host Joe Cornwell on the Best Ever Show. In this episode, Joshua and Colin discuss starting in single-family residential real estate before leveling up into medium-sized mobile home parks. They share their strategies for building relationships to secure off-market deals, how creative financing allows them to cash flow from day one, and how they invest in real estate while maintaining their careers as nurses, at least for now. Joshua Condado and Colin Davis | Real Estate Background All Day Investments LLC Based in:  Green Bay WI Say hi to him at:  https://www.alldayinvestments.co/ https://www.instagram.com/investingrnpod/ https://www.investingrn.co/ www.youtube.com/@investingRN Best Ever Book: The One Thing by Gary W. Keller Sponsors: Viking Capital Baselane InvestHER