How to Avoid My Mistakes in Multifamily | How To With Jake and Gino

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

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

4.9 • 842 Ratings

🗓️ 9 January 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dive into the world of multifamily real estate with Gino Barbaro, co-founder of Jake and Gino. In this episode, Gino shares his journey, revealing the ups and downs of real estate investing and the lessons learned along the way. From his early mistakes in a triplex investment to a challenging partnership with 'Maserati Mike,' Gino highlights the importance of due diligence and learning from failures. He emphasizes the transformative role of education in his success, with key insights from books like Rich Dad Poor Dad and The Secrets of the Millionaire Mind. Discover how Gino's partnership with Jake revolutionized his approach, leading to the management of over 1800 units. He shares valuable advice on selecting the right business partner and the significance of aligning values in partnerships. Gino concludes by underscoring the power of sticking to a niche, the importance of mentorship, and learning from past mistakes. His journey from a small-scale investor to a real estate mogul offers invaluable tips for anyone interested in multifamily investing. For more insights and resources on real estate investment, visit jakeandgino.com. Subscribe for more insightful real estate investing content. Learn from Gino's extensive experience to navigate your own path in the multifamily investment world. #RealEstateInvesting #MultifamilyInvestments #JakeAndGino #InvestmentStrategies #LearningFromMistakes #RealEstatePodcast

Transcript

Click on a timestamp to play from that location

0:00.0	Hello and welcome. My name is Gino Barbero. I'm one of the co-founders of Jake and Gino.
0:04.8	And in this how-to lesson, I'm going to be going over the mistakes that you can avoid when getting into multifamily.
0:14.6	And this may translate even into any mistakes you may get into in any real estate niche or even starting a business.
0:22.0	I want to take you back to life before I met Jake.
0:26.5	Because at that seminal moment, when I met Jake back in 2009, I had figured out a lot of
0:31.5	these mistakes that I was making.
0:33.6	And, you know, Jake's not on here.
0:35.2	And I can say it.
0:36.2	I taught him everything.
0:37.6	And everything's been great since we partnered up.
0:40.5	Well, there's a little truth in that, but not really that much.
0:42.8	But life before Jake, I had bought my first multifamily years and years before.
0:49.6	It was actually a triplex.
0:51.1	I started out with a triplex.
0:53.1	And I was the pizza guy. I said, I have some
0:55.8	additional capital. I'm reading rich dad, poor dad. How many of you out there are reading
1:00.0	rich dad, poor dad, get your earned income and put it into investments that create passive
1:04.9	income. Hey, and on that first deal, it was beginner's luck. Did I make mistakes? I made a ton of
1:10.4	mistakes. Was it a triplex? It was a triplex, but I thought it was beginner's luck. Did I make mistakes? I made a ton of mistakes. Was it a
1:11.9	triplex? It was a triplex, but I thought it was a fourplex. The C of O' wasn't right. Septic systems
1:17.9	failed. Buried oil tanks. The list goes on and on, but I got lucky because I bought it right.
1:23.5	After that first deal, my second deal, I wasn't so lucky.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jake & Gino, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jake & Gino and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.