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Jake & Gino: Real Estate Investing & Multifamily

Investing in Multifamily Properties - A Team Sport with Adam La Barr

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

🗓️ 26 July 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

On this episode, Mike Taravella talks with Adam La Barr. Adam is from Midstate NY and was an Air Force brat turned Air Force Vet. He currently serves as the Executive Multifamily Investing Coach for Active Duty Passive Income and has a passion for property research and underwriting in particular. Adam purchased his first 62 units in Tennessee while living in Japan.   Key points:   Multifamily investing is a team sport Aligned long term vision and character traits are vital for a successful investing team SkillBridge program pays military members to explore their career goals for 6 months   Investor Pro Tip: Hands off Investor by Brian Burke   Military members can contact Adam by email at adam@activedutypassiveincome.com and all others at adam@ralcapitalgroup.com   Listen to the Podcast on our website to learn more.

Transcript

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0:00.0

Hey everyone, welcome to the RANCRI show.

0:06.9

I'm your host, Mike Taravella, and today I have a special guest,

0:11.8

The Man the Myth of Legend, Adam Labar.

0:14.6

Adam is a veteran.

0:16.7

He has been, he worked with us on the Skillbridge program,

0:20.4

and he has about 10 million invested

0:23.1

passively in deals. And then he's actively a part of 10 million dollars in real estate as well.

0:29.1

Welcome to the show. Adam, how are you doing today? Doing fantastic. Mike, thank you very much.

0:33.9

Appreciate, appreciate you having me on. Yeah, absolutely. I think everyone kind of has their

0:39.2

crazy start in real estate. And I think you investing in your first deal we're talking offline is a

0:44.3

very interesting, not traditional path. And I think it would be a ton of value to our listeners.

0:50.3

If you kind of highlight how you got started in commercial real estate.

0:55.2

All right.

0:55.5

Yeah.

0:55.7

So it was a long path.

0:58.2

I spent about three or four years in just straight education, trying to figure out what I wanted to do and understand real estate.

1:04.2

And I finally, I guess it was about five years ago now, maybe six years ago, something like that, got

1:12.2

into the Wooro Profits program, which was awesome.

1:15.6

And I was found around like-minded, like-hearted folks that were looking to do it.

1:19.7

And I finally bought my first property, which was a 62 unit apartment.

1:23.1

And I was living out in Japan at the time because I was a, my wife and I being Air Force folks,

1:29.4

that's where the government decided to have us.

...

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