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Jake and Gino Multifamily Investing Entrepreneurs

Avoid These Common Real Estate Investing Mistakes

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

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

5 β€’ 831 Ratings

πŸ—“οΈ 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: βœ” Understand the concept of underwriting thoroughly. βœ” Know your market. βœ” Know how the multifamily investing business works. βœ” Understand the asset classes within the multifamily space. βœ” 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

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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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