Joe Fairless
5 Educational Tools at Every Investor’s Fingertips
If long-term success is your goal as a real estate investor, it’s imperative to maintain your hunger for knowledge. One of the biggest mistakes an investor can make is assuming they’ve learned everything they need to know. Complacency will crush you in this industry. The two things you’ll need to ...
Multifamily Investors Venture Beyond Gateway Markets
Historically, most multifamily investors preferred to invest in gateway markets. Colloquially known as the “Sexy Six,” these markets include Los Angeles, San Francisco, and Seattle on the West Coast and New York, Boston, and Washington D.C. on the East Coast. For decades, institutional investors (REITs, pension funds, and endowments) refused ...
As the Pandemic Persists, Renter Preferences Continue to Shift
The global COVID-19 pandemic accelerated multifamily trends that were already in place prior to the virus’s arrival – work from home (WFH), migration away from expensive gateway markets, and increasing investor interest in apartment properties. Now, more than 18 months into the pandemic, it’s obvious that those trends have accelerated ...
The $5 Billion Plan for Your Apartment Syndication Business
In late 2020, I achieved one of my original long-term apartment syndication goals: $1 billion under management. A large portion of that $1 billion (a little under $300,000,000) was added in 2020. At the same time, the podcast I created, Best Real Estate Investing Advice Ever, and the Best Ever ...
Protecting Multifamily Investments
In the midst of this pandemic-induced economic recession, a new president was inaugurated and the balance of power in the House of Representatives and the Senate shifted. This provokes an additional degree of uncertainty. Will the new administration authorize additional economic stimuli? When will the eviction moratorium end? Will the ...
Three Tips to Scale Your Multifamily Passive Investing Business
We get it — you’re busy. Perhaps it’s a full-time job, new kiddo or you simply want to enjoy your retirement. Whatever the case may be, you can still passively invest in apartment syndications and achieve returns that are greater than those of stocks, bonds, REITs, and other investment vehicles ...
4 Unique Ways to Source Off-Market Apartment Deals
This article was originally featured in March 2018 Think Realty Magazine and written by Joe Fairless, Principal at Ashcroft Capital. The most common type of apartment transaction is an on-market sale. An apartment owner lists their property with a broker, the broker markets the deal to the public, and, after a ...
