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Jake & Gino: Real Estate Investing & Multifamily

From Single-Family To Multifamily Investing W/ Bernie & Michael

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

🗓️ 13 July 2021

⏱️ 40 minutes

🧾️ Download transcript

Summary

Single-family investing is sometimes easier to begin with as it involves just a transaction of buying the right property, however, in the long term, most investors switch to Multi-family investing due to the scale, tax advantages and more wealth creation opportunities. In this episode of Movers & Shakers, Josh & Gino interview Mike and Bernie on how they started their multifamily investing journey after joining the Jake and Gino community. Bernie has a background in running high performing teams at scale and he currently manages multimillion-dollar operations. He started with multi-family after investing in single family homes in 2018. Mike is a senior executive, retired Air-Force officer with extensive experience of 25 years in real estate investing. He transitioned to multi-family in 2019. The key takeaways from this podcast include: Syndication is much more than raising capital and becoming a partner. It is about coming together with a bunch of people in whom you have mutual trust in order to materialize a deal so that everybody wins. Real estate partnership needs you to understand the capabilities, likes and dislikes of investors who are ready to syndicate with you for a deal, so that each one is able to be in a role to make a win-win situation for everybody. Multi-family investment enables you to build a steady stream of passive income. However, you need to have certain systems in place to scale up. One of them is organizing your data to make the process smooth and simpler. Want to know how you can begin Multifamily Investing? Join our free training now: https://jakeandgino.mykajabi.com/freetraining Join the Jake & Gino flagship event ‘Multifamily Mastery 4’ in October: www.jakeandgino.com/mm4

Transcript

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0:00.0

This is Movers and Shakers, where we interview the upcoming generation of Make It Happen

0:06.4

Multifamily Investors to share their story.

0:11.2

Welcome to the Movers and Shakers podcast.

0:14.1

My name is Gino Barbaro, co-founder of Jake and Gino, multifamily investor, educator, father,

0:20.5

mentor, and I am joined by my co-host Joshua Ryan

0:23.5

Ruzin, the community director of Jake and Gino. Josh, how are you doing today?

0:28.6

Gino, man, still right now for high. Last night, we had our closers club webinar. And this is where

0:35.0

students present a case study of a recent deal they

0:37.8

closed. And something that was really monumental that hit me last night was how far someone

0:44.9

has really gone. A lot of times we're always focusing on the next goal and what's next. But when

0:49.1

you look and reflect back, it's really amazing to see how far others have come. And that really

0:53.9

inspired me.

0:54.5

I'm so riding a high off that. Gino, what's going on in your world? Well, same thing with me,

0:58.9

Josh. We always looking at what we're going to, but sometimes you have to take a stop and just reflect

1:04.3

on what we've accomplished. And success to me is, you know, how you feel about something. I mean,

1:10.4

I feel successful creating the Jake and

1:12.0

Gino community. And it doesn't matter how many deal students have closed with that. We're always

1:15.6

looking at metrics to measure. Just take a look at where you are in your life right now. You are

1:20.4

where you're supposed to be to where you want to go. That's the way I look at it right now.

1:23.7

And I'm excited to have, you know, these two guests on today because they've had a long journey multifamily. And, you know, it took them a little while to get going. But I think they

1:30.9

had a strong enough why. And we're going to dive into it on this call. Yeah, speaking with today's

1:36.0

guests, we have Mike, Shaughnessy and Bernie Lealtz. Bernie has an extensive background running

...

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