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Jake and Gino Multifamily Investing Entrepreneurs

Manage Right, The second pillar of the Wheelbarrow Profits investment strategy.

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

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

5831 Ratings

🗓️ 10 December 2015

⏱️ 48 minutes

🧾️ Download transcript

Summary

Now that you've purchased your property correctly, its time to reposition it for big bucks. Learn our three step framework on how to turn an ugly ducking into a well-oiled machine that pays you every month.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Wheelbarrow Profits Podcast, where you get multi-family investing made real.

0:06.5

Learn from top players in the real estate investment world as they share their secrets with you

0:11.5

and discover proven strategies on apartment investing that actually work.

0:16.0

To learn more about wheelbarrow profits, visit jake and gino.com.

0:24.7

Your one-stop shop for everything multifamily now to your host jake and gino hello everybody this is jake stenziano host of the wheelbarrow profits podcast

0:31.1

here with my co-host best-selling author and multifamily land baron gino barbarao gino how's it going jake i'm doing good you forgot one thing

0:40.3

father of six kids you always say that father of six kids all right we got it what else what else not

0:47.0

not much i'm i'm ready to jump on this call right now let's get going all right today we're going to

0:52.5

introduce the manage right portion of the

0:54.8

wheelbarrow profits framework and discuss whether or not you should self-manage or

1:00.2

partner with a property management company. We're also going to discuss how we repositioned

1:05.6

mom and pop apartments for big bucks. So Gino let's jump right in.

1:13.1

Jake, what do you, to you, what do you think manage right means? Give the audience, you know, your thoughts, your views of when I say, Jake,

1:18.6

let's manage right. What does that mean to you? Well, manage right to me means meeting or

1:23.0

surpassing our specific income and expense numbers. I say this a lot. Multifamily investing is not

1:30.2

rocket science. There's people out there that simply are winning and doing well because they're

1:37.9

in multifamily, not because they're geniuses or anything. At the end of the day, it comes down to

1:42.5

income versus expenses like any business.

1:45.9

So manage right to me, again, means meeting or surpassing our specific income and expense

1:51.6

numbers and hitting our monthly goals. If you don't mind, let me expand a little bit on that.

1:56.9

We've had this journey. You mean you, this incredible journey in the last, I guess, two and a half

2:00.6

to three years.

...

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