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The Best Ever CRE Show

JF1221: Your Guide To Evaluating An Apartment Community Before Making An Offer #FollowAlongFriday

The Best Ever CRE Show

Best Ever CRE

Entrepreneurship, Investing, Business

4.7996 Ratings

🗓️ 5 January 2018

⏱️ 37 minutes

🧾️ Download transcript

Summary

Follow Along Friday is back for the New Year! Today Joe and Theo tell us mistakes they have made when evaluating deals and what they do differently now. If you’re in the market for any property, especially apartment buildings or communities, this is definitely an episode you want to listen to. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “We always have a property management partner tour the property with us”   Mentioned In This Episode:   To learn more about the Best Ever Conference visit besteverconference.com   To join our Facebook group of higher level investors visit facebook.com/groups/bestevershow   For a copy of the document that covers most of the points Joe covers for evaluating an apartment community, email info@joefairless.com Made Possible Because of Our Best Ever Sponsors:Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?Patch of Land offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings.Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at patchofland.com/joefairless to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.

0:23.0

InvestHERCON is not just another real estate conference.

0:27.0

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-G-O-K-K-O-K-O-K-O-Kom,

1:00.6

Prom best ever to get $100 off your ticket.

1:05.0

If it's an on-market deal, the information is fairly accurate from the broker,

1:09.5

but you just can't count on it.

1:10.9

If it's an off-market deal, then all bets are off. Go in thinking

1:15.0

you need to replace everything and be pleasantly surprised if that's not the case

1:18.2

when you go do it to it. Best ever listeners before we jump into today's episode got

1:22.4

two questions for you and this is for my

1:23.8

fix and flippers out there one are your financing costs eating what your bottom line

1:28.2

and two are you looking for a way to increase your overall profits by reducing your loan payments to the bank or

1:34.5

price lender, of course you are right.

1:36.9

You're always looking to maximize the potential of your deal.

1:41.0

So here's a solution.

...

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