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EP058: How To Attract and Leverage Private Money with Joe Fairless

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Joe Fairless is the host of the Best Real Estate Investing Advice Ever Show and he controls over 54 million dollars’ worth of real estate. How has Joe been able to achieve such success in his business? Through the use of private investors. Find out how Joe approaches investors, and gets them to invest with him, on this week’s episode!

 

Key Takeaways:

  • Speed of implementation is the difference between those who are successful, and those who are not.
  • Joe controls over 54 million dollars’ worth of real estate.
  • In the beginning, Joe knew people made money off single-family homes, but he wasn’t able to!
  • Joe started learning about multi-family options.
  • First: Get fully immersed in this industry. Second: Know how to run the numbers. Third: Identify 1-2 markets and why you like them.
  • Joe describes what his investor list looks like. Email him if you want the template!
  • When Joe approaches potential investors, what does that conversation sound like?
  • What mistakes has Joe made when he was first starting out?
  • What does Joe look for in a deal?
  • What’s one piece of advice Joe would give his 25-year-old self?

 

Mentioned in This Episode:

FlipEmpire.com

Connect with Joe at Joefairless.com

Alex Pardo on the Best Real Estate Investing Advice Ever Show

Email Joe: Info@JoeFairless.com

Get Joe’s Investor Money Raising Tracker Spreadsheet Here

Tweetables:

Once you’ve identified one or two markets, you build a brand.

Once you have a brand, then you go talk to investors.

Find the people who are successfully doing what you want to do, and work with them on their deals.

 

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We’ve made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

 

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we’ll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.

 

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