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Jake and Gino Multifamily Investing Entrepreneurs

MNS - Chad King

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

🗓️ 28 January 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

This week’s guest on the Movers and Shakers podcast is Chad King. Chad is a full time real estate investor. He began college as a finance major, but when he graduated, he got at Xerox in sales.  He noticed that people became successful through real estate. Chad chose to go into real estate full time in 2017. In 2019, he was involved in 168 deals in five different markets. He started to study multi-family so that he could grow  his wealth and cashflow. In July of 2019, Chad joined the Jake and Gino Community. Three months after joining the community, he closed his first multi-family deal, a 16 unit in Nashville, TN.

Transcript

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0:00.0

This is Movers and Shakers, where we interview the upcoming generation of Make It Happen

0:06.4

Multifamily Investors to share their story.

0:10.4

Welcome to the Movers and Shakers podcast.

0:13.3

My name is Gino Barbaro, co-founder of Jake and Gino, multifamily investor, educator, father,

0:20.0

mentor, and I am joined by my co-host, my Brosef, Joshua Ryan Ruzin,

0:24.8

Mr. Ruzin. How are we doing today, bro? Gino, excited, man, locking down some things for an

0:30.9

upcoming money mixer we have in March in Orlando. Very excited to tour a $300 plus $52 million deal

0:37.2

that a friend of ours closed on.

0:39.0

And, you know, what's most exciting about this?

0:40.9

They did a 4% acquisition fee.

0:43.1

So if you look at that, that's over $2 million day one.

0:46.2

Now, obviously, newer investors don't start out there, but it just goes to show you

0:50.1

if you stick with the long term, the power of that.

0:52.6

And really excited to get the Jake and

0:54.4

Gino community together, that hands-on in the field experience, that networking and seeing the

0:59.2

systems and tools you're learning in action, man, I just cannot wait. Gino, what are you most

1:04.4

excited about? We just had the boot camp this past weekend. 70 Jake and Gino students were there

1:09.0

talking about the by-right. That's the first leg of the framework. But what's exciting is there's two other legs that we always discuss

1:15.0

upon. But it was exciting to get 70 students out there. It's amazing what you don't know. You don't

1:20.5

know. But when you go to these boot camps, you start learning a lot of the techniques and a lot of

1:23.7

strategies, different ways to buy assets, different strategies, what makes a deal,

1:28.2

what doesn't make a deal.

...

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