005: The Power Partnerships with Joe Fairless

Joe Fairless is a full time real estate investor and Host of the world’s longest running daily real estate podcast, Best Real Estate Investing Advice Ever. His career began in New York City as the youngest vice president of an advertising agency, to creating a company that now controls over $135,000,000 worth of real estate.

Joe’s, Best Ever Podcast, hosts distinguished real estate investors and entrepreneurs to share their advice and success stories. Past interview guests include Barbara Corcoran and Robert Kiyosaki.

Joe’s is the Author of the Best Real Estate Investing Advice Ever, Volume 1 & 2, which has been personally endorsed by Barbara Corcoran, and all profits are being donated to Junior Achievement of Cincinnati.

Lightning Round

What was your biggest hurdle getting started in real estate investing, and how did you overcome it?

No money, but overcame it by saving for 3 years before buying his first single family.

Do you have a personal habit that contributes to your success?

Joe drinks a scoop of wheat grass every morning.

Joe is also very consistent with things that work.

 

 Key Points

  1. Joe started real estate investing by buying a single family property.
  2. Joe realized that he could leverage the strength of others through partnerships, which allowed him to build a real estate portfolio.
  3. Joe explains the structure of his real estate offerings – 506B or 506C.
  4. The difference in occupancy and economical occupancy.

 

 

 

Joe’s Reasons Why

Joe wants to be the best version of himself possible, and use his life to positively impact others. He wants his legacy to be “The people who he came across are better off because they came across him.”

Joe wants to give back to the community, and is a proponent of Junior Achievement

Future Goals

Joe’s goal is to expand his portfolio to one billion dollars assets under management (AUM) in 6 years.

Resources

Best Real Estate Investing Advice Ever Volume 1 by Joe Fairless

Best Real Estate Investing Advice Ever Volume 2 by Joe Fairless

Visit Audible for a free trail, and a free audio book download.

 Interview Links

http://joefairless.com/

www.multifamilysyndication.com

info@joefairless.com – Ask for the Resources Guide

 

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