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Busting Myths About Real Estate and Business
169: Busting Myths About Real Estate and Business

169: Busting Myths About Real Estate and Business



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Joe Fairless busts common myths and limiting beliefs about what ‘s possible in business.

How often do you say, “I could never do that.”? Many of us look at big, seemingly expensive things and don’t believe they are within our reach. Not Joe Fairless. He wanted to invest in large apartment complexes, but he didn’t have the cash to buy them and no bank would lend him money after he quit his high-paying New York job. On this episode of the How to Quit Working Show, Joe tells us how he was able to achieve his dream of investing in real estate without cash or banks.

About Joe

Hi, I’m Joe Fairless.

I believe the most valuable resource we have is our time.

I design my life so I can spend time pursing my passions and purpose.

And, my life’s purpose is helping people achieve financial success.

I believe when I help you achieve financial success; you too can use your time to pursue your passions and purpose.

And I believe that would have a crazy good impact on the world.

Because, if money were no object, how would you spend your time?

I’ve asked that question to over 200 of my real estate students and the common theme is “do more good.”

Everyone has a different way of saying “do more good” whether it’s spend more time with your kids, start a non-profit, pursue a career that’s more fulfilling (and therefore you produce more positive results) or any number of other things.

Whatever you answer, I bet you’d “do more good.”

So, that’s my focus. To help you be in a position to “do more good.”

But it wasn’t always this way.

In fact, I used to think I’d work at an advertising agency my whole life. But, after
climbing the corporate ladder from junior project manager to becoming a vice
president before my 30th birthday I decided it was time to leave the industry.

I was working for the paycheck – and it left me unfulfilled.

Fortunately, I invested in learning real estate while working at my full-time job.

I went to seminars, read books, and received mentorship from people who had done what I wanted to do. By the time I left advertising in December 2012 I owned four single family homes that produced monthly income. It wasn’t enough to live off of but it sure helped out considering I no longer had a job.

I then created my real estate investing company, Fairless Investing.

After six months of intense/fun/challenging/emotional rollercoaster stuff, I closed on a 168-unit apartment community. For that deal I had to raise over $1,000,000 from private investors. There are 12 of them and no one is a family member.

I now control over $7,000,000 worth of real estate. I know what I’m talking about when it comes to real estate investing.

And, that’s probably why you came to this page – because of real estate investing.

But that’s not what I’m about.

Don’t get me wrong, the majority of our time together will be spent on real estate
investing. And my students take action with success – check it out here.

Ultimately, it’s about freeing up your most valuable resource – your time – so you can spend it however you wish.

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About Jeff Steinmann

Jeff wants to help you Live More. He is the author of How to Quit Working, A Simple Plan to Quit Your Job for a Life of Freedom. He hosts a weekly show called The How to Quit Working Show that features lessons from Freedom Fanatics who quit their soul-sucking 9-5 job and created a business that lets them live a passionate life of freedom. Jeff also writes for several media outlets, including The Huffington Post, Lifehack and Elite Daily. Most of all, Jeff is a Freedom Fanatic, fiercely devoted to finding a better way to “do life”.

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  • Joe F

    Had a wonderful time speaking with you, Jeff!

    • http://howtoquitworking.com/ Jeff Steinmann

      Indeed Joe, was a great show. Thanks so much for being on!