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Jake & Gino: Real Estate Investing & Multifamily

Understand Market Trends & Develop An Investor Mindset W/ Jake and Gino

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

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

4.9842 Ratings

🗓️ 30 June 2021

⏱️ 15 minutes

🧾️ Download transcript

Summary

This is the show dedicated to long-term personal financial engineering. In this episode, Jake and Gino talk about the significant trends in the Real Estate Market while sharing their experience and insights on how a Real Estate investor should develop an entrepreneurial mindset. The key takeaways from this Podcast include the following: Stay in your lane. Be dedicated to the business you choose and learn about all the key aspects of that business. When partnering with syndicators or small developers, make sure there is an alignment of interest and core values. Debt is cheap at present and people may be overpaying for real estate. Always look for demand in a market. If the demand exceeds supply, the market would soon be overheating. Communicate with your contractors, vendors, investors, employees and all the stakeholders on a consistent basis. This would help chalk out plans and move ahead more cohesively. Transactions pay the bill, Equity makes you rich. Don’t get carried away with the Shiny Object syndrome. Listen to the Podcast to learn more. Interesting in scaling up your real estate investing business or want to get started? Learn how to leverage on our ‘Dual Asset Strategy’ and create two assets: 1) the whole life insurance policy and its many benefits, and 2) the income-producing real estate. Sign-up for this complimentary, limited time webinar by Jake and Gino: https://100yearrei.com/signup-investing-in-real-estate-using-the-dual-asset-strategy/ #realestatetrends #realestatemarket #multifamilyinvesting #dualassetstrategy

Transcript

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0:00.0

Gino, there's a recent Blackstone article trending titled

0:10.5

What the World's Most Successful Real Estate Investors Bine, and there's many similarities

0:15.9

to our 100-year real estate investor strategy.

0:18.7

Today, we're going to unpack it.

0:20.9

Jake, I'm going to give you a tiny little hint as to what that is. It has nothing to do

0:29.0

with the shiny object syndrome, my friend. Tell me why. Picture and imagine this. I moved down to Florida.

0:38.9

It's 2017.

0:41.1

Leave New York.

0:42.5

Great feelings.

0:43.4

I feel euphoric.

0:45.0

The weather's beautiful down here.

0:46.9

The economy is just different down here.

0:49.3

I'm in the midst of we have a little over 1,000 units.

0:52.3

Got a little extra cash here.

0:57.8

Oh. Person with cash meets the person with experience the person with the experience gets the cash and the person with the

1:03.0

cash gets the experience happened to everybody and it usually happens to the G dad when he veers

1:09.5

off the path and he gets into the shiny object syndrome.

1:12.6

And Jake, honestly, it happened to me.

1:15.2

I was down here, met a couple of really cool dudes.

1:18.1

Didn't know one of them.

1:19.5

I knew the other guys.

1:20.5

The other guys were really good.

...

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