MNS - From the Sidelines Making it Happen with Chris Petrakis

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

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

4.9 • 842 Ratings

🗓️ 1 December 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of Movers & Shakers Josh & Gino interview Chris Petrakis. Topics touched on include: How having skin in the game gave Chris the push needed to do his first deal Why Chris is doing multifamily after successful career Chris covers how he shifted from working hard for his money to having his money having work hard for him How Chris was able to go from educating and kicking tires to implementing and getting results. Chris’s Bio: Chris Petrakis is originally from Gulf Breeze, Florida but currently resides in Birmingham, Michigan with his beautiful wife and two young daughters. After graduating with a degree in Marketing from Lipscomb University, Chris began his 22-year career in Medical Sales; currently, he is an Aortic Field Sales Associate specializing in Endovascular Aortic Aneurysm repair working with Vascular and Cardiothoracic Surgeons for W. L. Gore & Associates. Chris started his real estate investing career in 2002 when he bought his first of five rental properties in the Virginia Beach area. In the meantime, several corporate relocations for career advancement opportunities took him to Baltimore, Boston, Washington, DC and finally to the suburbs of Detroit, where they moved to August of 2019. Moving to his wife’s hometown has surprisingly given Chris the chance to make a leap of faith by committing to multifamily investing. In December of 2019, four months after moving to Michigan, Chris decided to join the Jake and Gino community. It turns out that joining the group was the push he needed to begin his new venture in larger real estate investments. Two months after joining the Jake and Gino community, Chris closed on a value-add Quality Inn and Suites Hotel in February 2020. Currently, he has his first 8-unit MF deal under contract in his home market of Birmingham, Michigan. In addition to real estate investing, Chris and some of his business partners recently opened a speakeasy-style bar in the downtown Main Street section of Plymouth, MI, and he is also a part owner of the restaurant above the bar, Greek Islands Eatery, a family-owned operation. While he’s willing to entertain most any investment opportunity that comes his way, Chris believes he has found his passion in Multifamily Real Estate.

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.
0:14.0	My name is Gino Barbra, co-founder of Jake and Gino, multifamily investor, educator, father, mentor, and I am joined by my co-host, Joshua Ryan Ruzin,
0:22.4	the community director of Jake and Gino. Josh, how are you doing today, Brosef?
0:27.2	Gino, doing well, my friend. Super excited about the upcoming travel schedule we got here. We have
0:33.2	this weekend, we have a finance right boot camp in Jacksonville. So very excited to make that happen in a coaches retreat.
0:39.4	And then in November, very excited to go back to San Diego, spend some time there.
0:42.9	We have a buy-right boot camp.
0:45.1	And then January, the big leap back down to St. Augustine to relocate.
0:49.6	So what's going on in your world, Gino?
0:51.4	Well, I want all the listeners really to pay attention to this week's
0:54.9	show because this guest is a really, he is, I mean, we were talking off camera before and he said
1:02.3	something to me that really stuck with me. He said, whatever you put out, the energy you put out
1:06.8	is what's going to come back to you. So be an active listener for the next 30 to 45 minutes.
1:11.7	Take notes and really resonate with you. And as you're listening to the show, think about,
1:17.0	are you building your dream? Are you building somebody else's dream? And you will have a mind shift.
1:22.7	You will have a mind shift if you listen to his story. I'm excited, Joe, let's let's introduce today's guest.
1:29.7	Yeah, so today's guest is Chris Patrakis.
1:31.9	So Chris is originally from Gulf Rees, Florida, but currently resides in Birmingham,
1:35.6	Michigan with his beautiful wife and two young daughters.
1:38.3	After graduating with the degree in marketing from Lipscomb University, Chris began his
1:42.4	22 year career in medical sales. He started his
	...

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