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Hi Goal Getters, Tony Woodall, your host and friend on Goal Getting Podcast. I’m glad you are listening to us today. We have an exciting guest for you today. Joe Fairless is someone that couldn’t figure out what he wanted to do in life and after changing his college major several times, he went into Marketing. Setting a goal to be with the best to be the best, he moved to New York City. Joe became the Vice President of a major advertising firm before he was 30. He was good at that he did and he achieved the goals he set.
Then he quit.
Yes, like several entrepreneurs I have talked with this year, Joe quit his corporate career to go into full-time real estate investing. Like he did with advertising, he went big! He went into buying multifamily properties, apartment buildings. That is where the wealth is at, not single family homes.
Today you will meet Joe and learn more about what he has done and how he does it. I think it’s time to stop listening to me today and go listen to Joe. I will be back after the interview to talk to you about some things and to say goodbye. But now, Well, Hi There, Joe!
Top 3 Action Steps to Start Real Estate Investing
- Educate Yourself – read about the field in books by Steve Berges or Dolph
- Reach Out to Someone in the Field
- Learn From Them
3 Steps to Investing Process
- Know the area – you should be able to know the school systems and how they are by heart
- Know how to run the numbers. Learn the data you need to calculate the correct numbers
- Income minus expenses = Net Operating Income (NOI) / Cap Rate = Value
- Set Financial Goals Before Investing – Targeted annual income from investing?
Best Advice I’ve Ever Received?
Habits for Success
Fitness / Health – Without good health, you won’t be able to function at your peak, mentally or physically.
Persistence – Being “consistently persistent”.
What Quote Hangs on Your Wall?
You’re going to die. Live your dreams
~~ Joe Fairless
Books for Success
The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges
Contact Joe at his website, click the photo below.
Or on his podcast
Wow, Goal Getters, that was an enlightening interview. Real Estate investing is not that scary or hard. As Joe said, Educate yourself first, find someone that knows what they are doing in the field and reach out to them. Learn from them and go out and build wealth.
Joe offered great tips, strategies and inspiration for you go set your real estate investing goals, if that is what you want to do. Follow Joe’s advice, learn from Joe and then go out and make your wealth in Real Estate.
Check out Joe’s website at JoeFairless.com
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Thank for listening to the show. I hope you learn what you needed today. I look forward to seeing you back next Wednesday. You are also welcome to join us daily for our Goal Getting Quote of the Day series.
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