
Hosted by Joe Fairless · EN

J Scott, Partner at Bar Down Investments and Host of the Drunk Real Estate Podcast, discusses the current state of the multifamily housing market, focusing on trends, challenges in new construction, the impact of wages on rent growth, and the dynamics of supply and demand. They explore the implications of low housing starts, the importance of tenant affordability, and innovations in construction methods, including modular housing. The discussion highlights the complexities of the market and the interplay between economic factors and housing availability.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:Altra RunningSunrise Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Gabriel Craft, owner of Craft Capital Investments, shares his journey from LP to GP in real estate, emphasizing learning from sponsors, partnering in deals, and building broker relationships. He discusses market challenges, property types, cash flow, and the importance of pride in work and giving back. Gabriel Craft | Real Estate Background Craft Capital Investments Based in: Dallas Texas Portfolio: LP: +2100 units GP: 834 units Say hi to him at: www.craftcapitalinvestments.com www.chatwithgabriel.com Best Ever Book: $100M Offers by Alex Harmozi Sponsors: InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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: JF2537: Why NOT to Invest in Self-Storage Jacob Vanderslice | Real Estate Background Principal, Investor Relations VanWest Partners Portfolio: 3.4 MM total square feet of self storage space, including just under 40 properties and about 20K units Based in: Denver, CO Say hi to him at: https://www.vanwestpartners.com/ LinkedIn Best Ever Book: Into the Silence by Wade Davis Sponsors: Viking Capital Baselane InvestHER Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Joe Cornwell talks with Derek Peterson about shifting his marketing firm to focus on real estate, helping operators in fundraising and marketing. Peterson highlights the importance of niching down and authenticity in marketing, and shares his journey in real estate, now overseeing over 500 doors and developing a new project in Phoenix. Key Takeaways: Importance of Niching Down in Marketing: Derek Peterson emphasizes the critical role of focusing on a specific niche in marketing to effectively attract and engage a targeted audience, leading to more successful fundraising and brand building efforts within the real estate sector. Transition to Real Estate from Marketing: Peterson shares his journey of leveraging his marketing expertise to transition into the real estate industry, detailing how he has grown to manage over 500 doors and undertake significant development projects, highlighting the synergy between marketing skills and real estate success. Value of Authenticity and Building Relationships: The discussion underscores the importance of authenticity in branding and marketing, alongside the power of building strong relationships and networking within the industry to facilitate growth, raise capital, and achieve long-term success in real estate investment. Derek Peterson | Real Estate Background Head of Adapt Media Agency and 10Y Portfolio: 500+ doors, including 190 unit BTR currently under construction. Based in: Charlotte, NC Say hi to him at: LinkedIn www.adaptmediaagency.com www.10Y.life Best Ever Book: The Power of One More - by Ed Mylett Sponsors BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you curious about the untapped potential of the commercial real estate market? Discover the power of holding property and the critical lessons learned by J Scott in his journey of flipping 450 houses. Join us as we delve into the fascinating insights he shares about affordability, government intervention, and cash management in this engaging episode. Key Takeaways: Market Dynamics and Affordability: J Scott discusses the evolving dynamics of the real estate market, emphasizing the impact of shifting demographics on affordability. He highlights the importance of understanding the distinctions in the rental market and how different income brackets are affected. Cash Management and Inflation: J Scott emphasizes the significance of cash management and the role it plays in real estate investing, especially during periods of inflation. He provides valuable insights into the relationship between inflation and treasury yields, offering a balanced perspective on the impact of inflation on investment strategies. Government Intervention and Long-Term Solutions: J Scott explores the role of government intervention in addressing affordability challenges in real estate. He advocates for incentivizing investors to create market-based solutions, rather than relying solely on legislative measures, and discusses the potential long-term implications for the real estate landscape. 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. Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Rentec Direct Syndication Attorneys Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is brought to you by Presario Ventures, a private equity real estate firm based in the booming Austin, Texas, market. To learn how to invest in the future of Texas with Presario Ventures, visit info.presarioventures.com/bestever. In this episode, we delve into the world of commercial real estate investing with Bob Thomas, a seasoned investor with over a decade of experience. Join us as Bob shares valuable insights into his journey across various asset classes, the importance of partnerships, and strategies for navigating the ever-changing real estate market. Key Takeaways: The Power of Partnerships: Bob emphasizes the significance of forming strategic partnerships in real estate investing. Collaborative partnerships allow investors to leverage each other's strengths, pool resources, and pursue larger deals with greater efficiency. Aligning incentives and complementary skill sets within partnerships is essential for success. While Bob excels in capital raising and acquisitions, he acknowledges his weakness in construction project management. Partnering with experts in diverse areas can lead to creative and synergistic outcomes. Thinking Big and Setting Ambitious Goals: Bob draws inspiration from Stephen Schwarzman's book, "What It Takes," highlighting the importance of thinking big in real estate. He believes that if you're going to invest your time and effort, it's best to aim for substantial goals that challenge you. Setting big, hairy, audacious goals (BHAGs) can push investors in the right direction. Bob's goal is to grow his portfolio to a trillion dollars in assets under management, emphasizing that a big vision drives progress and innovation. Educating for Financial Literacy: Bob's commitment to financial education extends beyond real estate investing. He actively engages in financial literacy talks, teaching both investors and school children about creating generational wealth, passive income, and sound financial practices. Recognizing the importance of breaking free from a traditional W-2 mindset, Bob believes that introducing children to alternative paths early in life can help them make informed financial decisions and plan for a prosperous future. Bob Thomas | Real Estate Background Chief Investment Officer & Co-Founder of Peak Asset Management Portfolio: ~200 units of multifamily ~100k sq ft. of commercial retail/office Based in: Portland, OR Say hi to him at: peakassetmgt.com LinkedIn Best Ever Book: What It Takes by Stephen Schwarzman Greatest Lesson: Selecting the right partners is the most critical piece to one's success or failure. Click here to learn more about our sponsors: Presario Ventures Rentec Direct Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is brought to you by Presario Ventures, a private equity real estate firm based in the booming Austin, Texas, market. To learn how to invest in the future of Texas with Presario Ventures, visit info.presarioventures.com/bestever. Andy Sinclair delves deep into the strategies that have catapulted Midloch to success, discusses the importance of diversification in property types, and offers predictions about the future of interest rates and investment approaches in uncertain markets. Key Takeaways: Value of Diversification: Sinclair emphasizes the importance of diversifying across property types, explaining the risks and potential rewards of focusing on multifamily, commercial, retail, and industrial real estate. He offers insights into how being versatile can provide protection against market fluctuations. Strategic Debt Management: Understanding and managing debt is paramount. Sinclair shares Midloch's strategy of stress-testing deals and the importance of not overleveraging. He highlights the interplay between fixed interest rates, future buyers, and market conditions. Liquidity and Preparedness in Uncertain Times: Sinclair underscores the importance of staying liquid and the challenges and opportunities it presents in the current economy. He provides a forward-looking perspective on accumulating "dry powder" to capitalize on future property investments. Andrew Sinclair | Real Estate Background CEO and Principal of Midloch Investment Partners Portfolio: $600 million+ of JV interests in multifamily and commercial real estate mainly in the Midwest Based in: Milwaukee, WI Say hi to him at: LinkedIn Best Ever Book: Game of Edges by Bruce Schoenfeld Greatest Lesson: There is nothing wrong with having a little cash on hand. You will never regret it when you need it. Click here to learn more about our sponsors: Presario Ventures Syndication Attorneys Learn more about your ad choices. Visit megaphone.fm/adchoices

Veena Jetti is the founding partner of Vive Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. In this episode, Veena gives a mini masterclass in marketing for operators, GPs, and capital raisers. She discusses how her team uses AI to maximize efficiency, her “secret sauce” for raising capital, and things that make her cringe about multifamily investing. Veena Jetti | Real Estate Background Founding Partner of Vive Funds Portfolio: Multifamily investments Based in: Plano, TX Say hi to her at: Facebook Instagram Twitter TikTok Best Ever Book: Wealth Without Cash by Pace Morby Greatest Lesson: Partner up fast with people that you trust to build success as quickly as possible. Click here to learn more about our sponsors: CASKX Techvestor Innago BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

AJ Osborne is the CEO and founder of Cedar Creek Capital, which is a vertically integrated real estate private equity firm specializing in the acquisition, development, and management of self-storage facilities. In this episode, AJ discusses what caused the self-storage asset class to peak and drop in the last few years and why his firm’s buying behavior has changed completely as a result. AJ Osborne | Real Estate Background CEO & Founder of Cedar Creek Capital Portfolio: $300 million AUM 3 million square feet Over 10,000 units Based in: Eagle, Idaho Say hi to him at: cedarcreekwealth.com selfstorageincome.com Instagram Best Ever Book: The Warren Buffett Way by Robert Hagstrom Greatest Lesson: The short-term is meant for taking action, and the long-term is meant for yielding results. Market cycles and results take time, so you need to put a structure around your deals that allow for that. Click here to learn more about our sponsors: CASKX Techvestor Innago BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices