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Jake & Gino: Real Estate Investing & Multifamily

Power of Compounding W/Beau Beery

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

🗓️ 1 July 2021

⏱️ 57 minutes

🧾️ Download transcript

Summary

The great Albert Einstein once said “Compound interest is the eighth wonder of the world.” If you apply the power of compounding in Real Estate Investing and build a profitable portfolio of properties, the sky is the limit for you.  In this episode, Jake and Gino talk with Beau Beery. Beau has been in the commercial real estate business since 1999 and has consistently ranked as the #1 multifamily producer in Florida for the Coldwell Banker Commercial brand. He has authored a book called “Multifamily Investors Who Dominate”. Here are some of the key takeaways: As an investor, your goals should not be to earn more profit per unit but to accumulate more and more profitable units and build a vibrant portfolio. More than 99% of closings are done by brokers. So, network with great brokers in your markets to get good deals. The people who build the biggest real estate portfolios are the ones who come across and analyze a large number of deals every single week. It’s about the deal flow. Do not lose sight of the forest for the trees! If a property looks to be a high-potential one, don’t just lose the deal for the finer elements such as minor repairs or other such issues. Listen to the Podcast to learn more. Check out Beau’s website: https://www.beaubeery.com/ Check out Beau’s book “Multifamily Investors Who Dominate” on Amazon: https://www.amazon.com/Multifamily-Investors-Who-Dominate-Transact/dp/1735833908 Learn more about Jake & Gino: www.jakeandgino.com   Apply for limited time, complimentary multifamily investing training: https://bityl.co/6v71   Apply for Mentorship: https://bityl.co/6v76

Transcript

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0:00.0

As you're more and more experienced in this business, you understand the power of accumulating more units, right?

0:06.3

Yes.

0:06.7

The bigger you get, the more powerful you are.

0:08.9

And the whole game here is not to earn the most profit per property.

0:14.5

It's to build a portfolio.

0:25.4

Yeah. Hello, everybody. This is Jake Stenziano, host of the Wheelbarrow Props podcast here with my co-hosts, a multi-family

0:29.1

mentor, the coach, Chef, Father Six, the best selling author, The GDady.

0:33.1

Gino Barbero, how's it going?

0:34.6

Mr. Stenziano, I am rubbing off on you.

0:36.9

Every week, it's a different color shirt. I justiano, I am rubbing off on you. Every week,

0:37.6

it's a different color shirt. I just, you're looking sharp every week, bro. Hey, every time you come

0:42.2

into my city, bling, bling, all right, that's how we're doing it. Hey, you got a special guest

0:46.2

today. Our guest today has been in commercial real estate in Florida since 1999. He began

0:53.5

his career in the apartment industry working in property management.

0:57.0

That's where you get started. Learning from the ground up and eventually became ranked as

1:02.5

Numero Uno, number one multifamily producer in Florida for his brand and was among the top

1:08.8

five in the nation every year before starting his own multi-family

1:14.5

brokerage in 2021. So without further ado, Mr. Bo Barry, welcome to the show. Brother, I'm on the Jake

1:21.3

and Gino show. I have arrived my family. I have arrived. The question is, where have you arrived too? That's what we're trying to

1:29.3

answer it today, right, Bo? Hey, it's the peak of podcast. Hey, guys, I'm excited about this because

1:35.9

I cut my teeth in property management. That's what changed my life, doing the hard work from

1:40.3

the ground up. So, Bo, I got to hear from you. Tell me about the start in property management because I think that's going to be so important to our listeners. I'm telling you, man,

...

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