loader from loading.io

JF1439: What You Need To Do To Be Financially Free From You Real Estate Business #SituationSaturday with Josh Patrick

Best Real Estate Investing Advice Ever

Release Date: 08/11/2018

JF3541: Risk Tolerance, LP Responsibilities, and Capital Raising Legality ft. Gino Barbaro show art JF3541: Risk Tolerance, LP Responsibilities, and Capital Raising Legality ft. Gino Barbaro

Best Real Estate Investing Advice Ever

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:  Best Ever Book: The 7 Habits of Highly Effective People by Stephen Covey Best Advice: "Focus on long term goals." Sponsors:

info_outline
JF3540: Converting Commercial to Residential, Adapting to Change, and Why Fixed Rate Debt is Key ft. Nick Stageberg show art JF3540: Converting Commercial to Residential, Adapting to Change, and Why Fixed Rate Debt is Key ft. Nick Stageberg

Best Real Estate Investing Advice Ever

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:  Best Ever Book: Principles by Ray Dalio Sponsors:

info_outline
JF3539: Green Building Ventures, Mastering Mixed Use Acquisitions, and Profitable Energy Innovations ft. David Holman show art JF3539: Green Building Ventures, Mastering Mixed Use Acquisitions, and Profitable Energy Innovations ft. David Holman

Best Real Estate Investing Advice Ever

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:    Sponsors:

info_outline
JF3538: Multifaceted Real Estate Ventures, and Expanding through Strategic Divestitures ft. Jason Moss show art JF3538: Multifaceted Real Estate Ventures, and Expanding through Strategic Divestitures ft. Jason Moss

Best Real Estate Investing Advice Ever

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:  Sponsors:

info_outline
JF3537: Optimizing Property Management for Growth, Leveraging Multifamily Market Cycles, and the Impact of External Factors on Rent Dynamics ft. AJ Shepard show art JF3537: Optimizing Property Management for Growth, Leveraging Multifamily Market Cycles, and the Impact of External Factors on Rent Dynamics ft. AJ Shepard

Best Real Estate Investing Advice Ever

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:  Best Ever Book: Never Lose a Customer Again by Joey Coleman Sponsors:

info_outline
JF3536: Integrating Diverse Real Estate Services, Expanding Through Strategic Partnerships, and the Dynamics of Commercial vs. Residential Investments ft. Ryan Deasy and Mike Doherty show art JF3536: Integrating Diverse Real Estate Services, Expanding Through Strategic Partnerships, and the Dynamics of Commercial vs. Residential Investments ft. Ryan Deasy and Mike Doherty

Best Real Estate Investing Advice Ever

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...

info_outline
JF3535: The Best Ever Formula for Elite Property Management — Systems, Processes, and Slippery Slopes ft. Carlos Rovira show art JF3535: The Best Ever Formula for Elite Property Management — Systems, Processes, and Slippery Slopes ft. Carlos Rovira

Best Real Estate Investing Advice Ever

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:  Greatest Lesson: Being vertically integrated is the only way to ensure your properties perform. Sponsors:

info_outline
JF3534: Strategy Secrets That Made J Scott a Real Estate Legend — PLUS Flipping Regrets, Making Asymmetric Bets, and Advanced Diversification ft. J Scott show art JF3534: Strategy Secrets That Made J Scott a Real Estate Legend — PLUS Flipping Regrets, Making Asymmetric Bets, and Advanced Diversification ft. J Scott

Best Real Estate Investing Advice Ever

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...

info_outline
JF3533: Leveraging Military Insights for Real Estate, Transitioning from Short-term Rentals to Boutique Hotels, and Maximizing Operational Efficiency ft. Blake Dailey show art JF3533: Leveraging Military Insights for Real Estate, Transitioning from Short-term Rentals to Boutique Hotels, and Maximizing Operational Efficiency ft. Blake Dailey

Best Real Estate Investing Advice Ever

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:  Best Ever Book: Traction by Gino Wickman Sponsors:

info_outline
JF3532: Mastering Work-Life Harmony, Capitalizing on Multi-Family Ventures, and Harnessing Local Market Trends ft. Phil Moeller show art JF3532: Mastering Work-Life Harmony, Capitalizing on Multi-Family Ventures, and Harnessing Local Market Trends ft. Phil Moeller

Best Real Estate Investing Advice Ever

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:  Best Ever Book:  Go Giver by Bob Burg Sponsors:

info_outline
 
More Episodes

As a serial entrepreneur, Josh has a ton of experience starting, running, and selling businesses. With a focus on financial management now, he helps other businesses manage money and learn how to apply it in better ways, especially with the goal of having financial freedom in the future. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“Becoming financially free from your business requires that you look at the terminal assets of your business” - Josh Patrick

 

Josh Patrick Real Estate Background:

  • Serial Entrepreneur
  • Founder of Stage 2 Planning Partners
  • Author of Sustainable: A Fable About Creating A Personally and Economically Sustainable Business
  • Say hi to him at http://www.stage2planning.com
  • Based in South Burlington, VT

 

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.