Jake & Gino: Real Estate Investing & Multifamily

Dylan interviews Rand Capital’s newest team member Mitchell Stogner to discuss the 2019 Financing Year-End Review.  Mitchell has worked with a diverse group of real estate investors and developers during his previous role as a commercial loan officer throughout the SouthEast. Whether it be new construction, renovation, acquisition or refinance, he ensures debt be structured and tailored to meet a client’s specific needs, financing over $250M in deals. Mitchell is focused on the relationship and believes it outweighs a simple transaction.  2019 Year-End Review Q1 2019 had a lot of deals come from 2018 due to agency running out of funds Summer 2019 rates got cut and investors take advantage of the favorable rates Always make sure you have a backup plan that aligns with your business plan Private label products emerged in June-August due to Fannie and Freddie reaching their lending limits again Bridge Lending has also emerged starting Q3 It is vital to make sure you know your exit out of the bridge loans Expert Pro Tip: Have your financing team in place for 2020   Contact Information: Mitch@RandCRE.com   For more information/to connect with Rand CRE: www.randcre.com   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/     Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Twitter: https://twitter.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre   We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to the Movers and Shakers podcast. This weeks guest is Jen Ullrich. She is a certified meeting planner who has spent the last 10 years working in the financial services industry.  She joined the Jake & Gino Community after attending their first live event back in 2017.  Since learning about multifamily real estate & the power of cash flow, she dove head first into the education platform.  Jen joined the Jake & Gino team as Operations Manager in 2019 focusing on the coordination of live events & student fulfillment. We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.    Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    In this episode, Gino and Julia talk about the four Energy Blocks: Limiting Beliefs, Interpretation, Assumption and Gremlins.   What are you willing to do differently in order to experience something different?   Questions or comments? Email us at juliabarbaro@gmail.com We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

James Kandasamy is the principal in Achieve Investment Group – a vertically-integrated real estate company, actively engaged in multifamily acquisition, asset management, property, and construction management. A well-known multifamily operator, James has over 5 years of multifamily experience, and 6+ years of experience in real estate overall. In addition, through his work, James has built a reputation for creative marketing tactics to find motivated sellers and unlock hidden value in multifamily operations. He is the author of Passive Investing in Commercial Real Estate: The Insider Secrets to Achieve Financial Independence which is currently available on Amazon and Audible versions. He speaks with us about the shifts happening right now in the market, demographics and mindset.   https://achieveinvestmentgroup.com/   The Rundown Rand Cares Single Family Equity Multifamily Why Real Estate W-2 Stocks Engineering ROI Fear & Emotions Remodeling Success in Multifamily Off Market Quick Turnaround Value Add Vertical Integration Optimization Numbers Don’t Lie Reading A Lease Market Cycle Black Swan Effect Demographics Finding Deals Marketing to Sellers The First Deal Texas Property Managers Contractors Cash Out Refi ListSource Brokers Proven Closer Tire Kickers Fiduciary Responsibility Underwriting Willing to Walk Away Expense Ratio Habits for Success Mindset Subscribe to our Youtube Channel for lots of great content!   Get tickets to our next Multifamily Mastery Event in Orlando! We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Dylan Marma and Mike Taravella interviews Sam Bates who is a Principal of Trinity Capital Group.  City dictates the developments due to zoning, permits, and plans approved Labor rates have been rising but has found material costs to decrease due to strategic partnerships Sam looks to exit a property when syndicating in about 5 years However, when working with a few investors he likes to hold indefinitely Trinity Capital differentiates itself by systematizing and develop their niche in development Be flexible and adaptable as a real estate investor Sam traded a plot of land for a RV park Developments focus on IRR and Cash on Cash Returns, instead of cap rates Most recent development Trinity is targeting a 5 year hold and 30% IRR HUD loans require longer periods to process so always have backup and options Investor paradigm for development deal: It takes 2 years to build and is generally a longer hold period compared to multifamily acquisitions Multifamily Acquisitions  Pros: You know what you are getting Cons: So competitive in the market Always add value in a relationship Expert Pro Tip: Always continue to learn with books, podcasts,  and your network   Contact Information: sam@trinitycapitaltexas.com (972) 855-7654   For more information/to connect with Rand CRE: www.randcre.com   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/     Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Twitter: https://twitter.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to the Movers and Shakers Podcast. This week’s guest is Daniel Krueger. Dan graduated from the University of St. Thomas, in St. Paul Minnesota with a degree in Financial Management. Before beginning his career as a real estate investment professional, he spent 5 years working in corporate finance where he managed the operating expenses for multinational fortune 500 companies. In January of 2018 Dan closed on his first property, a small 6-unit apartment building in St Paul Minnesota for $475,000. The business plan was simple, fix up the units, improve the tenant base, and increase rents to the market rate. Nine months after the acquisition, Dan refinanced the property at a value of $600,000. He used the refi proceeds to get into his next deal, an 8-unit building about 3 minutes away from the first property. Dan currently has a portfolio of 34 units made up of 4 properties all in the same neighborhood. Dan currently is working on closing his first syndication deal, a 32-Unit property in St. Paul Minnesota. Dan is building a vertically integrated business with property management in-house as well as in-house maintenance and construction. From here on out, Dan plans to focus on the syndication business to keep scaling up, as well as developing strategic partnerships to accelerate growth. We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.    Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    This week Gino and Julia are joined by the founder of The Good Dad Project, Larry Hagner. In this podcast they talk the importance of having continues formation as a dad and husband. Find his website here https://gooddadproject.com   Question or comments email us at juliabarbaro@gmail.com We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nichole has been in technology sales for 22 years. But she and her husband always believed they needed a “Plan B” and a way to create more financial security. That “plan B” included building an 8-figure real estate portfolio of rental properties and commercial property investments including multi-family, single-family, and hotel properties. Nichole also hosts The Richer Geek podcast, a podcast focused on helping IT Professionals find creative ways to build wealth and financial freedom. She speaks with us about partnership, hotels and skydiving.   www.therichergeek.com   The Rundown 1999 Personal Finance Real Estate Seminars Failure Property Management Seek to Serve Pay to Play Teaming Up Multifamily Mentorship Network Transition to Hotels Limited Service Cap Rates Mom & Pops Market Info RevPAR Reviews Staff Engagement Amenities Hotel Markets Skydiving Motels Expense Comparison Long Term vs Short Term Deal Flow 1031 Exchange Risks Renter Nation Location Revenue Growth Podcasting Owning Assets Syndication Meetups Mindset Habits for Success   Subscribe to our Youtube Channel for lots of great content!   Get tickets to our next Multifamily Mastery Event in Orlando! We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Dylan Marma and Mike Taravella interviews Omar Khan who is responsible for Multifamily Acquisitions for Boardwalk Wealth.  Buy Right so you don’t have a property that you can’t exit Chances for having a more favorable increase: If you are in a bigger, more liquid market Execute true value-adds, instead of having the market driving Leave some value-adds for the next seller Class C properties are trading for the same cap rates as Class B The biggest risk investors are facing is that sponsors aren’t raising enough money Leave 6-9 months of cash flow personally and in your business You’re never a forced seller when times are good Investors must trust you and believe in the story of the deal, not just the numbers Ask specific questions to sponsors to see their thought processes Accounting & Finance team members live and die by the income statement Don’t be fearful to ask questions  Reassess your underwriting assumptions by comparing with actuals Expert Tip: Have the patience and reserves as a sponsor to get paid. Sponsors generally get paid on the sale of the deal and it takes several years to do so. Quote14:48 -15:11 Contact Information: https://www.boardwalkwealth.com/   For more information/to connect with Rand CRE: www.randcre.com   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/     Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Twitter: https://twitter.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome to the Movers and Shakers podcast. This weeks guest is Evan Holladay. He is a real estate developer and investor with over $225 million and 1347 units of multifamily real estate developed and invested. Evan is Founder and CEO at Holladay Ventures where their team specializes in creating and investing in workforce, affordable and mixed-income communities. Their mission is to create quality housing opportunities and empower the residents to realize their full potential.  Evan is also the host of the iTunes Top 200 business and real estate podcast, “Monumental” where he sits down with top leaders and entrepreneurs making massive change in the world.   Website: www.evanholladay.com  and www.holladayventures.com    Instagram: @evanholladay   Facebook: Evan Holladay   Twitter: @evanholladay We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.