Thu, 13 November 2014
Joe Fairless's is a real estate guru and helps others learn the ropes of the trade on his podcast. He currently owns over $7 million dollars worth of real estate and personally believes it's his life purpose to help others succeed in real estate investing too. Fun fact, he also loves flag football! Joe sits down with Jason to talk a little bit about his life story and how he was able to raise a million dollars in investor money on his first big deal.
6:25 – His original plan was to raise 300k in investor money, but he found a great propriety and raised $1.3 million instead. Joe had to take a big mental leap in making that purchase.
9:27 – With this multimillion dollar deal, Joe arranged that the master lease payment be equal to the mortgage payment, so he could be smarter with how he paid it off.
13:50 – With Joe's marketing background, he mapped out all of the networks he was apart of and found people who would want to invest.
19:20 – Half of Joe's investors had never invested in real estate before.
22:50 – How did Joe get the seller's trust? He explains in this segment.
28:45 – Being successful in real estate requires creativity, leverage, and relationships. Help others get what they want before they help you.
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