MNS - Darren Light

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

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

4.9 • 842 Ratings

🗓️ 17 September 2019

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to the Movers and Shakers podcast. This weeks guest is Darren Light. A mechanical engineer by trade, Darren quickly realized that his W-2 job and 401K would not support the current and retirement lifestyle that he wanted. After being convinced by a friend he attended one of the guru seminars, locally in Knoxville. Darren started purchasing single family rentals and doing flips 4 months after attending the seminar. In April of 2017 he was laid off from his corporate job of 12 years. At that moment Darren went all in to real estate investing by cashing in his 401K and stock options. In November of 2017 he attended the very first Jake and Gino live event in Knoxville. During the first day of the event he made the decision to focus on multifamily assets and sell all of his single family rentals. Darren also still enjoy flipping houses. To date Darren has done 13 flips in 2 years. His goal for flips in 2019 was 12. He is currently at 6 in various stages. Since October of 2018 Darren has become part owner on the GP side in 103 doors. Along with a partner, he currently pursuing over another 200 doors as we speak. Darren started a Multifamily meetup in Johnson City, TN in March of this year. With Johnson City being such a great market, he saw a need to bring other multifamily investors together there, to leverage the power of partnerships, the market, and capital. He thrive on inspiring and motivating others and living the Go-Giver attitude! Darren lives each day with gratitude.

Transcript

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0:00.0	This is Movers and Shakers, where we interview the upcoming generation of Make It Happen Multifamily Investors to share their story.
0:11.6	Welcome to the Movers and Shakers podcast.
0:13.9	My name is Gino Barbaro, co-founder of Jake and Gino, multifamily investor, educator, father, mentor, and I am joined by my co-host, my brosive, Josh
0:22.1	Ruzon, community director of Jake and Gino. Josh, how you doing bro? Gino, doing well, my man. It was
0:28.2	exciting yesterday, spending a full day with you, actually working on coaching with Petra and scaling
0:34.4	off. How about yourself? I'm doing good. The one thing I noticed yesterday is Josh
0:38.6	had no caffeine throughout the whole day. So he was waning towards the end of the afternoon. It was a
0:43.0	full day coaching. We practice what we preach, right? Josh, it's all about, I guess personal growth,
0:48.5	personal development. And I think coaching is a big element of it. And you just got to continue
0:52.6	to learn to grow to set priorities
0:55.6	to set tasks and to set goals and then hold yourself accountable and if you can't hold yourself
1:00.3	accountable you need a team member to so one of the big takeaways is from from yesterday was
1:05.3	once you assign a task to somebody it's got to be one person because if there's two people assigned
1:09.8	to it then nobody's accountable so if you're if there's two people assigned to it then nobody's
1:11.2	accountable so if you're holding yourself accountable you need somebody to hold you accountable to it so
1:15.4	it was it was a great thing the whole team yesterday it's a great takeaway and another thing you
1:20.1	know i mean how can you offer coaching yourself if you're not investing in coaching and practicing
1:24.8	what you preach right there's always you can always reach up and there's to it. So proud to be working with a group that practices what they preach and put
1:31.8	their money where their mouth is. And it's amazing, Josh, the more money you spend on yourself,
1:35.6	the more money you make and return down the road. So that was a really hard thing for me to do.
1:40.5	Once you invest in yourself and you start spending money in yourself, that money comes back to you. And it's hard because when you don't have it, you're saying, I've got to make
1:48.0	the money and then I'll invest in myself. I will guarantee you if you can find the money to invest
	...

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