A Vetrans Journey toward Real Estate Mastery with Vince Gethings

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5 • 831 Ratings

🗓️ 23 May 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this engaging episode of the Wheelbarrow Profits Podcast, Vincent Gethings, a veteran real estate investor and entrepreneur, shares his insightful journey and valuable lessons learned in the world of real estate. Vincent outlines how he built his successful investment portfolio while balancing his duties in the military. He highlights the importance of building strong teams and the pitfalls of spreading investments too widely. Gethings also delves into how he manages assets, the significance of a 'return on effort' mindset, and the importance of focusing on local markets before considering out-of-state investments. As he shares his experience of owning and managing properties across multiple states, Vincent cautions against the difficulties and complexities this can entail. He emphasizes the benefits of going "a mile deep" in one or two chosen markets rather than a "mile wide." Vince also shares his exciting upcoming plans including scaling up his franchise, restructuring his entire portfolio for higher quality product in more focused markets, and hosting the upcoming Hawaii Millionaire Mindset Conference on the Big Island of Hawaii. If you're interested in multifamily real estate and want to learn from someone who's successfully navigating the industry, this episode is a must-watch! Chapter Highlights: 00:00 - Intro 01:02 - Vince Gethings, Why Multifamily? 06:08 - Next Steps in Vince Gethings Journey 08:48 - Before Education what Problems Did Vince Have? 11:48 - The Decision to Change Careers 15:45 - What Were the Challenges Changing Careers 20:17 - Vince Describes Asset Accumulation and His Journey To Entrepreneurship 25:11 - Gino Bulletpoints Vince's Comments 33:51 - Vince's Advice for Professionals Looking to get into Multifamily 35:16 - What Does Vince Gethings Future Look Like and Where Can We Reach Vince? 36:38 - Gino's Wrap Up. Guests Info: Email - [email protected] Event Website - https://hawaii-millenniummindset.com Remember to subscribe to our channel for more inspiring content from industry experts and successful entrepreneurs. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Transcript

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0:00.0	Hello and welcome to the Movers and Shakers podcast. My name is Gino Barbaro, co-founder of Jake and
0:04.8	Gino, multi-family investor, educator, father, mentor. Today's guest is Vince Gettings, former Jake
0:10.6	and Gino student and current Jake and Gino coach. In just six years, Vince is scaled from a $0
0:16.8	down payment VA home loan to over 570 apartment units valued it over $40 million.
0:24.2	He's the owner of Michigan-based Villanautics, co-founded of Tri-City Equity Group,
0:28.7	and the owner of Kuala Insulation of Mid-Michigan.
0:32.8	Say that again, Quala Insulation, a 12 Territory Home Services franchise. Vince utilizes his 16 years of Air Force
0:40.3	leadership experience as well as the countless professional development courses to build
0:44.9	high performing teams and efficient systems and processes. Welcome to the show, Mr. Vince Gethings.
0:51.7	Thanks for having me on. Gino, always excited to be here.
0:55.3	It's been a while.
0:56.2	Listen, you did a Masterclass Monday with the students this past week.
0:58.9	You shared your story.
1:00.1	We talked about all the different strategies you're going.
1:02.8	Just give the listeners a background of how you got into real estate and why multifamily for you.
1:07.2	And touch upon you're out of state in Hawaii and you're out of and you're doing
1:12.5	stuff on the mainland let's let's talk about that as well yeah absolutely so give you a quick recap so
1:18.8	the the zero down VA home loan so while I was in the Air Force I was actually stationed in California at
1:24.2	the time it was like 2013 used my VA home loan to buy essentially the
1:30.9	crappiest house on the block that will still pass the VA inspection. And we did a live-in
1:37.5	flip with that house. And that was from 2013 to about 2016. At that time, that was the only real
1:43.9	estate experience that I had was just kind of
	...

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