Ep #34 - Joe Fairless successfully made the jump from single family to multi-family real estate investing and controls over $54,000,000 of investment properties & consults investors on real estate investing. Joe hosts the popular radio program, Best Real

Joe Fairless successfully made the jump from single family to multi-family real estate investing and controls over $54,000,000 of investment properties & consults investors on real estate investing. Joe hosts the popular radio program, Best Real Estate Investing Advice Ever Show. 

 Here’s some of what you will learn:

• What it takes to put a multi-family deal together, (It’s not income)!
• A look inside a 168 unit, $6.35 million deal in Cincinnati, OH.
• A creative strategy Joe used to avoid a million dollar prepayment penalty.
• What is a Master Lease with Option to Purchase?
• The importance of finding the best solution to the problem that the seller has.
• Strategies to raise equity from investors.
• A strategy to use to meet more potential investors
• Using name-check to successfully network.
• Smart strategies to use for smart partnering.
• Knowing the difference between economic and physical occupancy.
• What is a capital call? (and how to avoid it)
• How much should you keep in your Capex fund?
• The 3 expense categories real estate investors usually miss.
• Book recommendation: The Complete Guide to Buying and Selling Apartment Communities by Steve Berges.
• Book recommendation: How to Win Friends and Influence People by Dale Carnegie.
• Book recommendation: Best Real Estate Investing Advice Ever by Joe Fairless

 Our Guest

You can learn more about Joe Fairless at:

http://joefairless.com/blog/

[e-mail]

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Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif

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