Best Real Estate Investing Advice Ever Joe Fairless

Mark Purtell and Preston Hartsell of CTC Capital Management join Slocomb Reed on the Best Ever Show. In this episode, Mark and Preston discuss bringing co-GP equity to deals, when to focus on IRR, and what kind of IRRs they’re currently targeting.
Mark Purtell and Preston Hartsell | Real Estate Background Head of Real Estate Acquisitions and Development | CTC Capital Management Based in:  Chicago, IL Say hi to him at: 
https://ctccapitalmanagement.com/ Best Ever Book: The Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History by William Rempel Sponsors:
Viking Capital
Baselane
 

Michael Parrott, Director of Acquisitions for Suncap Real Estate, discusses his background and entry into real estate, as well as his focus on flex industrial and grocery anchored retail assets in the Southeast. He explains the advantages of investing in flex industrial properties, such as predictable supply and affordability for tenants. Parrott also shares a case study of a successful investment in Elk Mountain Business Park. He discusses the strategy for investing in grocery anchored retail centers and the importance of underestimating insurance rates. Parrott recommends the book 'Faith Driven Investing' and highlights the Fellowship of Christian Athletes as an organization he supports.
Takeaways:
Flex industrial properties offer predictable supply and affordability for tenants. Investing in grocery anchored retail centers can provide higher yields and lower risk. Underestimating insurance rates can lead to unexpected expenses in real estate deals. The book 'Faith Driven Investing' explores the intersection of faith and business. The Fellowship of Christian Athletes is an organization that Michael Parrott supports. Michael Parrott | Real Estate Background Director of Acquisitions at SunCap, Founder of Mill Ridge Based in:  Pompano Beach, Florida Say hi to him at: 
LinkedIn https://suncapfund.com/ Best Ever Book: Mastering the Market Cycle by Howard Marks Sponsors:
Viking Capital
Baselane
 

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Jonathan Bombaci, founder of Candor Realty, joins Slocomb to discuss his due diligence process, specifically how to discover creative value-add opportunities.
Jonathan Bombaci | Real Estate Background Real Estate / Business Owner Based in:  Lowell MA Say hi to him at: 
https://www.facebook.com/simplifiedREImeetup/ https://www.candorealty.com/ Best Ever Book: The 4-Hour Workweek by Timothy Ferriss Sponsors:
Viking Capital
Baselane

Jon Siegel, co-founder and chief investment officer at RailField Partners, joins Slocomb Reed on the Best Ever Show. In this episode, Jon discusses the fundamentals of acquisitions, including how to find deals in 2024, the importance of building relationships with brokers, and how to get your offers accepted in a competitive environment. He also shares his strategies for getting from an accepted LOI to the closing table.
Jon Siegel | Real Estate Background Partner & Chief Investment Officer | Railfield Based in: Bethesda, MD Say hi to him at: 
https://www.railfieldrealty.com/ Linkedin Best Ever Book: Confederacy of Dunces by John Kennedy Toole  
Sponsors:
Viking Capital
Baselane

Jacob Wilson, managing partner of Crux Commercial Partners, joins Slocomb Reed on the Best Ever Show. In this episode, Jacob discusses what he’s seeing in the lending marketplace, including what lenders are really looking for in buyers, how to position yourself as an attractive buyer to lenders, the importance of liquidity, and more.
Jacob Wilson | Real Estate Background Managing Partner | Crux Commercial Partners Based in:  Tacoma, WA Phoenix, AZ Say hi to him at: 
LinkedIn Sponsors:
Viking Capital
Baselane

Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor.
In this season finale episode of Passive Investor Tips, host Travis Watts provides a highlight reel of snippets from previous episodes. He emphasizes the importance of savings rate in achieving financial independence and retirement. He discusses the benefits of passive income investing and the value of value-add real estate. Travis also shares tips on saving money, diversifying investments, and being adaptable in the market. He highlights the advantages of commercial real estate investing and the concept of FIRE (Financial Independence Retire Early).
Sponsors:
Viking Capital
Baselane