Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

JF3361: Best Ever Roundtable: Lessons Learned from our Best and Worst Deals Pt. 1

JF3361: Best Ever Roundtable: Lessons Learned from our Best and Worst Deals Pt. 1

FromBest Real Estate Investing Advice Ever


JF3361: Best Ever Roundtable: Lessons Learned from our Best and Worst Deals Pt. 1

FromBest Real Estate Investing Advice Ever

ratings:
Length:
30 minutes
Released:
Nov 17, 2023
Format:
Podcast episode

Description

Commercial real estate experts Slocomb Reed, Ash Patel, and Joe Cornwell share their best and worst experiences in real estate investing. They offer valuable insights, lessons, and strategies that every investor should consider. Key Takeaways: The Importance of Reserves: Slocomb Reed discusses the necessity of having sufficient reserves in real estate deals, especially when working with inherited tenant bases or C-class properties. He highlights the importance of staying disciplined and not compromising on the quality of contractors to avoid costly mistakes. Staying True to Your "Why": Joe Cornwell delves into the challenge of managing capital and the temptation to rush into new deals. He emphasizes the need to focus on your "why" in real estate investing, staying patient, and not letting idle cash dictate investment decisions. Lessons for All Investors: Ash Patel shares invaluable advice for real estate investors. He stresses the importance of comfortable idling large sums of cash, finding partners or selling deals if necessary, and understanding your "why" to maintain focus and purpose in your real estate journey. Sponsors BV Captial BAM Capital Rentec Direct
Released:
Nov 17, 2023
Format:
Podcast episode

Titles in the series (100)

Are you ready for the best real estate investing advice EVER? Welcome to the world's longest running, DAILY real estate investing podcast hosted by Joe Fairless. Joe went from buying $35,000 single family homes to controlling over $500,000,000 worth of large apartment communities in under a decade. Join Joe as he interviews flippers, renters, builders, passive investors, and many other successful professionals ready to give you their Best Ever advice without the fluff. Plus, tune in every Friday for a special episode as Joe shares his own real estate investing and personal development knowledge.