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JF1290: Closing 30+ Deals Per Month After Being In Business For Only 2 Years! With Lance Wakefield

Best Real Estate Investing Advice Ever

Release Date: 03/15/2018

JF3526: Navigating Hotel Investing, Maximizing Revenue with PIPs, and Transitioning to Multifamily Investments ft. Hait Patel show art JF3526: Navigating Hotel Investing, Maximizing Revenue with PIPs, and Transitioning to Multifamily Investments ft. Hait Patel

Best Real Estate Investing Advice Ever

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:  Sponsors:

info_outline JF3525: Cash-Flowing from Day One While Playing the Long Game in Mobile Home Park Investing ft. Joshua Condado and Colin Davis show art JF3525: Cash-Flowing from Day One While Playing the Long Game in Mobile Home Park Investing ft. Joshua Condado and Colin Davis

Best Real Estate Investing Advice Ever

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...

info_outline JF3524: The RIGHT Way to Conduct a Proper Multifamily Lease Audit — The Due Diligence Show ft. Sean Thompson show art JF3524: The RIGHT Way to Conduct a Proper Multifamily Lease Audit — The Due Diligence Show ft. Sean Thompson

Best Real Estate Investing Advice Ever

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, Sean Thompson, director of property management operations at Property Management Stewards, joins Slocomb to discuss how to properly conduct a multifamily lease audit. Sean Thompson | Real Estate Background Director of Property Management Operations-Property...

info_outline JF3523: Distressed Deals, Outsourcing vs. In-House Property Management, and the Variances in Triple-Net Leases ft. Calvin Chin show art JF3523: Distressed Deals, Outsourcing vs. In-House Property Management, and the Variances in Triple-Net Leases ft. Calvin Chin

Best Real Estate Investing Advice Ever

Calvin Chin, founder of Zen Coast Capital, joins host Ash Patel on the Best Ever Show. In this episode, Calvin discusses the pain points of outsourcing property management, acquiring a $21 million 150-unit multifamily property, and capitalizing on distressed deals in 2024. He also discusses branching out beyond multifamily, testing the waters of triple-net leases, and more.   Sponsors:

info_outline JF3522: Investor Sentiment in 2024, Affordable Housing, and the Demographic Tailwinds Driving Mobile Home Parks ft. Chris Larsen show art JF3522: Investor Sentiment in 2024, Affordable Housing, and the Demographic Tailwinds Driving Mobile Home Parks ft. Chris Larsen

Best Real Estate Investing Advice Ever

Chris Larsen, founder of Next Level Income, joins host Slocomb Reed on the Best Ever Show. In this episode, Chris discusses affordable housing, opportunistic investing, and the demographic tailwinds that drive mobile home parks. He also explains why, when he used to underwrite 100 deals to find a great deal, he’s now underwriting 400 before he finds one. Chris Larsen | Real Estate Background Founder, Next Level Income Based in:  Asheville, NC Say hi to him at:  https://nextlevelincome.com/ Best Ever Book: The Secret Life of Real Estate and Banking by Phillip J. Anderson ...

info_outline JF3521: The Unsung Heroes Most Responsible for Executing Your Value-Add Business Plan ft. Kyle McKinney show art JF3521: The Unsung Heroes Most Responsible for Executing Your Value-Add Business Plan ft. Kyle McKinney

Best Real Estate Investing Advice Ever

Kyle McKinney, CRE investor and founder/coach at Pentagon Property Academy, joins host Slocomb Reed on the Best Ever Show. In this episode, Kyle discusses the nuances of asset management, including the division of labor between property managers and asset managers and why asset managers are the experts most responsible for executing a value-add business plan.   Sponsors:

info_outline JF3520: The Worst Thing You Can Do at a Conference and the Science Behind Finding Partners and Building a Team ft. Liz Faircloth show art JF3520: The Worst Thing You Can Do at a Conference and the Science Behind Finding Partners and Building a Team ft. Liz Faircloth

Best Real Estate Investing Advice Ever

Liz Faircloth, co-founder of InvestHER, joins host Slocomb Reed on the Best Ever Show. In this episode, Liz discusses her background in personality assessments, including the importance of identifying personality drivers, visionaries vs. integrators, and why you should seek opposite personalities when targeting partners, employees, brokers, and more. Previous Episode: Liz Faircloth | Real Estate Background Co-founder of The Real Estate InvestHER Based in:  Philadelphia, PA Say hi to her at:  IG: @therealestateinvesther Best Ever Book: Awaken the Giant within by Anthony Robbins ...

info_outline JF3519: Why Self-Storage Is Like Netflix, Raising Rents without Losing Tenants, and the Key to Creating Value ft. Jacob Vanderslice show art JF3519: Why Self-Storage Is Like Netflix, Raising Rents without Losing Tenants, and the Key to Creating Value ft. Jacob Vanderslice

Best Real Estate Investing Advice Ever

Jacob Vanderslice, principal of VanWest Partners, joins host Ash Patel on the Best Ever Show. In this episode, Jacob provides a comprehensive look at the state of self-storage. He breaks down the impact floating-rate debt has had on the sector, how securing financing has changed, and the changing face of self-storage demand. He also shares how he navigates the tricky world of rate increases with his tenants. Previous Episode: Jacob Vanderslice | Real Estate Background Principal, Investor Relations VanWest Partners Portfolio: 3.4 MM total square feet of self storage space, including just...

info_outline JF3518: Lies in the Media, Shocking the Market, and Why Retail Is on Fire While Multifamily Struggles — Best Ever Roundtable show art JF3518: Lies in the Media, Shocking the Market, and Why Retail Is on Fire While Multifamily Struggles — Best Ever Roundtable

Best Real Estate Investing Advice Ever

In this episode of the Best Ever Show, hosts Ash Patel, Slocomb Reed, and Joe Cornwell convene for another Roundtable. In this episode, the guys recap their biggest takeaways from the Best Ever Conference, including why interest rates aren’t coming down anytime soon, how the media’s clickbait culture has misled investors, and why retail vacancy is at an all-time low and non-residential real estate is on fire while the multifamily sector continues to struggle. . Sponsors:

info_outline JF3517: Cheat Codes to Accurately Assess Capital Expenditure Needs Ahead of an Acquisition — The Due Diligence Show ft. John Wilhoit, Jr. show art JF3517: Cheat Codes to Accurately Assess Capital Expenditure Needs Ahead of an Acquisition — The Due Diligence Show ft. John Wilhoit, Jr.

Best Real Estate Investing Advice Ever

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, John Wilhoit Jr., an asset manager who owns 10,000 units, joins Slocomb to discuss how to assess capital expenditure needs ahead of an acquisition, including a case study breaking down what he’d expect in an old building, the challenges that property would...

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Lance started wholesaling in March of 2016. Fast forward to March 2018 and his team and himself are closing 30+ deals per month! Lance shares his best tips for how he has been able to scale so quickly. From setting up partnerships, learning from others, and investing in yourself, these are just some of the tips we hear from Lance today. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Invest in yourself and that will pay out forever” - Lance Wakefield

 

Lance Wakefield Real Estate Background:

  • Started wholesaling in March 2016 and now his team does about 30+ deals a month.
  • Have about 30 people on our team, in both Houston and Dallas
  • Focus is wholesaling but also do flips and have experience in buy and hold investing and new construction
  • Based in Dallas, Texas
  • Say hi to him at http://winwinmethod.com/
  • Best Ever Book: Never Split the Difference by Chris Voss


Join us and our online investor community: BestEverCommunity.com

 

 

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Trevor is my real estate, business, and life coach. I’ve been working with him for years. Spots are limited, so be sure to apply today!