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Jake & Gino: Real Estate Investing & Multifamily

Avoid These Common Real Estate Investing Mistakes

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

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

4.9842 Ratings

🗓️ 10 January 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

In this episode, Jake and Gino talk about the common mistakes that multifamily investors tend to make while starting their investing careers. Key points: ✔ Understand the concept of underwriting thoroughly. ✔ Know your market. ✔ Know how the multifamily investing business works. ✔ Understand the asset classes within the multifamily space. ✔ Stop chasing the shiny objects. Check out the full video to learn more. Get more resources on apartment investing: https://jakeandgino.com/education/ #realestateinvesting #realestateinvestingtips #investingmistakes #multifamilyinvesting #multifamilyrealestate

Transcript

Click on a timestamp to play from that location

0:00.0

everybody jek and gino here and you're in for a treat because i've just got confirmation

0:11.0

that the g daddy is in state whatever that means you got to google it i'm not sure but we are here

0:16.1

and we are bringing the panya i'm in florida the state of Florida. That's right. Gino is in the state of

0:22.1

Florida and he is not in the New York state of mine. I can tell you that right now. So Gino,

0:25.9

we look, its market is on fire. People are, you know, fighting for multifamily deals right now.

0:31.3

So the big question that comes in is how do we get the deals networking with broke?

0:34.5

How should we be networking with these multifamily brokers? And this is one of

0:38.3

the biggest actions you can take to get your next deal. There's there's you right now and then there's

0:43.9

your next deal. And many times that bridge is a broker between the two of you. So to me, this is a story of

0:50.1

actions speaking louder than words, but you got to find a way to get your name in the hat.

0:55.2

You got to be someone that's known that, hey, this person can do it. So how do we do that?

1:00.1

And I've said this a million times. As a multifamily entrepreneur, clarity will set you free.

1:05.1

Clarity of what you are looking for, not wasting people's time, is a huge first step, a. first step, aka identifying your by right criteria.

1:15.1

We're the folks that created by right, manager, right, and finance right.

1:17.9

So G. Papa Funk, G. Master Willie. You got a nice flannel on today.

1:21.5

Like it. How do you define your by right criteria?

1:25.1

This show is being sponsored by Untucket. You like the Untucket shirt?

1:28.4

Oh shit.

1:28.9

And it's free, all right?

1:30.0

You know, you're getting this information from free.

1:31.6

Okay, I'm just saying that right now.

1:32.9

Jake, it's a tough, it's a tough thing being a multifamily broker out there.

...

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