How to start in Multifamily Investing, Q&A with Jake and Gino

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

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

5 • 831 Ratings

🗓️ 22 July 2016

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Thanks to everyone who attended our podcast last week. As promised, we are answering your questions more in depth on this weeks podcast. Here's the list: From Chuck ‪"Loved the story about your 1st deal in TN, the mom and pop Shamrock Apts. You found a way to purchase the $600k apts with only $80K. Where did all the money for the property upgrades, service upgrades, website, systems come from?" From Carolyn "‪Are insurance rates comparable to singe family residence per door? - do you carry extra liability - do you require renters insurance" From Adebayo ‪"How does this work for someone in Canada?" From Stephen "Do you guys get nervous about a commercial mortgage adjusting after 5-7 years?" From David "How do you establish credibility with Brokers and Lenders for larger multifamily properties if you don't have a track record of having done deals?" From Lawrence "What is the least amount of money that I will need?" From Davi "Dealing with Rookie Brokers, Old Established "gate keepers" would be Our Biggest Challenge because of ...."How they think" Nina "Do you find the deal first or do you line up financing/investors first?"

Transcript

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0:00.0	I felt like Tony Montana, I went home and I laid it all across the dresser and there was all these bills.
0:05.2	Welcome to the Wheelbarrow Profits podcast, where you get multifamily investing made real.
0:11.4	Learn from top players in the real estate investment world as they share their secrets with you
0:16.4	and discover proven strategies on apartment investing that actually work.
0:20.8	To learn more about wheelbarrow profits, visit jake and gino. discover proven strategies on apartment investing that actually work.
0:25.4	To learn more about Wheelbarrow Profits, visit jake and gino.com.
0:28.6	Your one-stop shop for everything, multi-family.
0:31.2	Now to your host, Jake and Gino.
0:35.5	Hello, everybody. This is Jake Stenziano, host of the Wheelbarrow Profits Podcast, here with my co-host, the multi-family mentor, the coach, the chef, the father of six, the best-selling author, The G-Dady.
0:43.1	Gino Barbarro, Gino, how's it going?
0:45.3	Jay-Love, rocking it, Jay-Love, how you doing?
0:48.0	Always bringing DePanya.
0:50.2	Today, we have a special edition of the Wheelbarrow Profits podcast, Q&A with J&G.
0:57.0	We received so many good questions last week from our webinar that we wanted to make sure
1:02.0	that we answered all of these and we made these available to all of our listeners.
1:06.0	So without further ado, Big G, you ready?
1:08.0	Make it happen, bro.
1:10.0	Let's do it.
1:11.3	So, first question came in from Chuck.
1:13.7	Chuck said, love the story about your first deal in Tennessee, the mom and pop shamrock apartments.
1:19.9	You found a way to purchase a $600,000 apartment complex with only $80,000.
1:25.7	I think it was $73,000, but we may have misspoke. Where did you get
	...

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