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Jake & Gino: Real Estate Investing & Multifamily

Buying Multifamily Using the Three Pillars of Real Estate! | How To with Jake and Gino

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

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

4.9842 Ratings

🗓️ 2 October 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

Hey there, welcome to the Movers and Shakers Podcast! In today's video, Gino Barbaro, co-founder of Jake and Gino, takes you through the ins and outs of buying your first or next multifamily property using our proven 3 pillar process: Buy Right, Manage Right, Finance Right. What's Inside? The proprietary three-pillar framework: Buy Right, Manage Right, Finance Right. Real-life experiences and lessons learned from Gino's journey in real estate investing. The importance of having a clear focus and strategy. Market trends in multifamily real estate as of October 2023. Tips on how to adapt your strategy based on market cycles. And much more!   Get the Book! Want to dive deeper? Email Gino at gino@jakeandgino.com to get a PDF copy of the book that started it all!   Monthly Webinars Don't miss our monthly webinars where we teach these principles and feature students who have successfully applied them. Sign up here: jakeandgino.com/webinar   Apply for Mentorship Struggling with property management or looking for third-party solutions? Apply for mentorship at jakeandgino.com/apply   Quick Links Jake and Gino Website Subscribe to our channel Follow us on Instagram   Timestamps 00:00 Introduction 01:20 The Three-Step Framework 04:48 How the Framework Evolves 07:06 Buy Right Criteria 09:24 Importance of Clarity 11:44 Manage Right & Finance Right 14:03 Final Thoughts   Thank You for Watching! If you found this video helpful, please give it a thumbs up 👍, subscribe 🔔, and share it with anyone who might find it valuable. Leave your questions and comments below; we'd love to hear from you!

Transcript

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0:00.0

Hello and welcome. My name is Gino Barbero and I am one of the co-founders of Jake and Gino.

0:05.0

And in this how to video, we're going to be diving into how to buy either your first multifamily

0:10.2

or your next multifamily property utilizing our proprietary three-step framework, which is buy right,

0:17.2

manage right and finance right. For all you YouTubers YouTubers out there I'm holding the book up

0:21.1

this is the book that started a three-step framework if you want a PDF copy of the book

0:25.5

email me gino at jake and gino.com I will send you a copy we're going to be discussing some of

0:32.1

the stuff in this book as well but when we talk about the three-step framework Jake and I

0:36.5

pretty much stumbled upon it.

0:38.7

And I had early on, I had really limited success in investing.

0:44.1

I can probably attribute it almost 99% to not having a framework, not following any specific

0:50.1

steps.

0:51.5

When I started investing without Jake, I was all over the place. I was investing in

0:56.1

mobile home parks. I was investing in strip centers. I had little multifamilies. I even owned

1:02.2

the business. I was all over the place. I didn't have any clarity. And when Jake and I met,

1:07.0

I had gone through some mentorship programs and I had planted my flag. That's the first thing that you all need to do right now.

1:12.7

Whatever investing you're doing right now, if you're investing in crypto and you're investing

1:16.9

in single family homes, whether you're investing in multifamily, plant the flag, become an expert.

1:22.7

On our first deal, it took us 18 months to find that very first deal.

1:26.6

And why did it take so long? Once again,

1:29.5

we didn't know buy right, manage right, and finance right. How many of you out there are looking

1:35.9

for deals right now? And all you're saying is, hey, I want to any deals. I want to find a deal right now.

1:41.3

Well, that's where Jake and I were in the beginning. And that's why it took us 18 months to find the first deal.

...

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