The Power of Partnership | Multifamily Investing Success Tips

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

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

5 • 831 Ratings

🗓️ 12 December 2022

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

The power of partnerships is often overlooked when individuals are considering investing in real estate. Most of us were taught to work by ourselves, not to trust anyone and to be solely responsible for our future. These myths were shattered for me once Jake & I entered our partnership. What benefits does a partnership create? First of all, it is much easier to secure financing with more than one person signing a guarantee for bank financing. Two balance sheets are stronger than one, and secondly, you will be able to pursue larger deals with a partner. Read our article on this topic: https://bityl.co/G9Dn We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: ✔ Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ ✔ Jake & Gino Linkedin: https://www.linkedin.com/company/jakeandgino/ ✔ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting #multifamily #realestateinvesting #commercialrealestate #loopnet #costart #biggerpockets #realestateinvest #multifamilyapartment #apartmentbuildings #multifamilydeals #multifamilyanalysis #analyzemultifamily #Multifamilyunderwriting #multifamilycommunity #multifamilyinvestors

Transcript

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0:00.0	Everybody, Jake and gino here and today we're discussing how to create multi-family
0:27.6	partnerships gang there's no denying that multifamily investing is a team sport and it takes
0:33.1	many individuals coordinated a high level to ensure the success of a property.
0:38.8	So the skills, the attributes, what can you bring to the table?
0:43.8	Gino, we're going to get into this. How are you doing today?
0:46.2	Jake, I'm doing good. One thing I can't bring to the table is my looks.
0:49.2	Because if I had looks to bring to the table, we wouldn't be doing deals, right?
0:52.0	My friend.
0:52.7	Dude, you're looking really sharp today, man.
0:54.2	You got that plaid, the buttons for the folks not on YouTube, man.
0:57.0	Gino's professional.
0:58.3	I'm just going to say that much, all right?
0:59.4	So, okay, multifamily being a team sport, what skills and traits does someone looking to partner
1:07.2	and get into bigger deals need to bring to the table?
1:09.9	There's really three skills that
1:12.1	you need. You don't need 30 or 40. Everyone breaks it down into these different buckets. The first one,
1:17.5	if you've been in the business for a while, you have a resume. You have credibility. You have
1:23.2	operations. Jake and I, when people want to partner with us, the skill that we can bring to the
1:27.4	partnership is that we have a portfolio. We've done this several times. We've exited deals,
1:33.5	full cycle deals. That resume is very important. Let's say somebody's out there trying to do a deal
1:38.3	and they have the deal and they can't close because they don't have that resume, we'll go out there and find
1:44.7	somebody who does have a resume and vice versa.
	...

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