This holds your property managers, your leasing agents accountable.

When you're managing a multifamily property, get it through your skull.

The asset managers need to hold the property managers accountable.

Okay. Hello and welcome. My name is Gino Barber, one of the co-founders of Jake and Gino,

and in today's video, we're going to be discussing how to manage a multi-family property. Now, most of you listening to this are probably saying to yourselves, this is so boring.

It's not sexy at all.

If you don't recall the framework, it's buy right, finance right, and manage right.

It's real sexy to go out there and to buy a deal, to finance a deal. Unfortunately,

most people don't focus on the manage right because it is a business. And that's the first thing. When you're

managing a multifamily property, get it through your skull. You need to understand this.

Buying a multifamily is akin or very similar or whatever word you'd like to use. You're buying a business. And I didn't understand that

when I first started investing in real estate. Even if you're buying a single family home,

or you're buying a mobile home park or an RV park, you need to have the mindset of you're buying

an asset that's going to create a stream of revenue,

and that stream of revenue has to be managed.

And if you don't understand that and your narrow mindset is telling you,

hey, I just got to be a landlord, I've got to fix the toilet.

That's, it's important.

It's part of it.

But if you don't think a broader view of it and you don't understand that you're buying a business and it's scalable, you're going to fail. You need to understand, you need to implement systems. And that's what we're going to be discussing on today's video because it's truly important. This is where I failed. I was always out there trying to find a deal early on as a beginning investor. I need a deal. I need a deal. I need a deal.

Well, great. Now that you got a deal, what do you do with that deal? How do you truly create long-term and

lasting wealth and cash, though, through that deal? It's through managing right. Whether you're buying a duplex or like a triplex like I did on my very first deal or in the deal we just closed four months ago, we bought a 68 unit deal.

...