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Jake & Gino: Real Estate Investing & Multifamily

How to buy your first rental property [Beginner Strategies]

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

🗓️ 6 December 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

If you're new to real estate investing or multifamily real estate investing in this video you're going to learn how to buy your first rental property. Gino breaks down actionable tips, strategies and key terminology to help you get started without making costly mistakes in your real estate investing journey. Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $100,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs. Subscribe to this channel: https://www.youtube.com/jakeandgino/sub_confirmation=1 Sign up for free training: https://jakeandgino.mykajabi.com/freetraining Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/

Transcript

Click on a timestamp to play from that location

0:00.0

Have you thought about buying your first apartment complex, but just don't know where to start?

0:11.0

Well, in this video, we're going to add a framework on how to buy that first department complex.

0:16.0

Because remember, we don't lack motivation.

0:18.0

We lack clarity.

0:19.0

And I'm going to give you clarity on how to get that first

0:20.9

department complex. Let's get to it. First one, decide. Just decide about multifamily. Wanting to

0:31.1

challenge your limiting beliefs. What's holding you back? I had the same limiting beliefs that

0:36.3

a lot of you out there had. I didn't have the

0:38.4

time. I didn't have the money. I didn't have the education. I didn't have the experience. I

0:43.3

have the credibility on and on and on. Once I decided that multifamily was the way for me to go,

0:50.1

that's it. I had that inflection point in my life. I wanted to go. I had the clarity. Decision made. Burn the ships. That was really very important to me. The next step is massive education. I started in other niches before I got into multifamily. I didn't have education. Terrible idea. I didn't know what I was doing. I thought I was saving money by not investing in my education. Well, I lost a lot of money.

1:16.4

There are two ways that you can learn. You can either learn on the street like I did, which is really, really expensive, or you can learn from a mentor, from a coach.

1:25.1

That's the way I ended up learning multifamily, and the rest is history.

1:28.7

For me, it was amazing.

1:30.0

At Jake and Gino, we like to say education times action equals results.

1:34.5

But if you haven't decided and you haven't thought about taking education, you don't know

1:39.1

where to go.

1:39.8

You're like a ship without a rudder.

1:41.8

The next one, where do you start with that education? Start with a mentor.

1:47.3

There's two ways to do it. Either pay to play like I did or you seek to serve. Go out there,

1:53.7

find a partner, find a mentor, find someone who's going to help you or someone that you can

1:58.5

add value to. It's all about adding value to someone else.

...

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