Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino
undefined
Nov 8, 2022 • 38min

Principled Negotiation w/ Nic and Jamie Cooper | Student Success Stories

On this episode, Gino is with Nic and Jamie Cooper, founders of Hudson Blue MF. They share about their journey of transitioning from single family to multifamily real estate investment. The couple delves deep into their experience of closing the first deal and how the principled negotiation strategy helped them to get over to the next level. Nic brings a pilot's precision and analytical mind to multifamily real estate with over 22 years as a military helicopter pilot. Jamie delivers an unwavering resolve towards producing results and an innate ability to build relationships with over a decade in medical sales. Key Insights: 00:00 Introduction 01:31 Transitioning from single home to multifamily investment zone 07:42 If it doesn’t cash flow, you let the grass grow 13:23 Getting into Jake and Gino community 16:06 The first deal 22:38 Principled negotiation versus positional bargaining 27:27 Structuring your days, weeks, months and years to give structure to your life 33:38 Wrap-up To know more about the couple’s initiative in the industry head over to their website: https://www.hudsonbluemf.com/ Connect with Nic on his mobile: 619 990 8848 If you are ready for a breakthrough in your life ⚡ MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! 💪 Learn more: https://jakeandgino.com/mm5 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ 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.
undefined
Nov 7, 2022 • 13min

How To Host A Successful Live Real Estate Event

"Think big but start small. It is all about consistency and constant improvement in the long term," - Gino Barbaro 🐱‍🏍 Planning a real estate event can be daunting, but with careful planning and execution, you can pull it off. When Jake & Gino organized their first event 'Multifamily Mastery' in 2017, there were roughly 175 attendees. In 2022, more than 1200 participants attended the fifth edition of the same conference. In this episode, Jake & Gino have shared their experiences and encapsulated some of the tips to help you plan and host a successful real estate event: 1. Define your goals and objectives. What do you hope to achieve with this event? Do you want to generate leads, build relationships, or something else? Once you know your goals, you can better plan your event to achieve them. 2. Choose the right venue. The venue you choose should be appropriate for the type of event you're hosting. If you're hosting a networking mixer, for example, you'll want a space that's comfortable and conducive to conversation. 3. Promote your event. Be sure to promote your event well in advance so people have time to clear their schedules and make arrangements to attend. 4. Provide value. Strive to provide more and more value to your audience. Be consistent and keep improving. Watch the video for more tips and insights. 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.
undefined
Nov 3, 2022 • 35min

Building The Cashflow w/ Michael Episcope | Apartment Investing 101

Jake and Gino are with Michael Episcope on this show today. Michael is co-founder at Origin Investments and a top-decile fund manager that helps high-net-worth investors, family offices and registered investment advisors grow and preserve wealth by providing best-in-class real estate solutions. On this episode, Michael shares how he started in multi family real estate space and leveraged the opportunities in the market. He delves deep in one of the three pillars of real estate i.e., market cycle and provides the overview on how long-term investors can operate in this type of market scenario. With Michael’s leadership, Origin has $1 billion in equity under management and has executed more than $2.6 billion in real estate transactions in fast-growing markets throughout the U.S. He is co-CEO, co-chairs the investment committee and oversees investor relations and capital raising. Prior to Origin, Michael had a prolific trading career and twice was named one of the top 100 traders in the world by Trader Monthly Magazine. Key Insights: 00:31 Introduction 02:45 Getting started in multifamily real estate 06:30 Shift in the market cycle 11:30 Private real estate lags the public real estate market by 6-18% 14:27 Investors have to build the cash-flow, no matter what 17:50 Opportunities lying ahead for long-term investors in multifamily 24:36 Energy prices affecting big economies and inflation 27:33 Tips for systematizing and scaling up the real estate business 29:50 The psychology of money 33:36 Wrap-up To know more about Michael’s initiatives in real estate, visit https://origininvestments.com/ 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.
undefined
Nov 2, 2022 • 34min

How to Get the Deal Done with Brian Scanlon

On this episode of the 100 year REI Podcast, Jake and Gino are joined by Brian Scanlon. Brian is Managing Partner at DealGen Partners, a deal origination company that currently manages $2.7 billion in Buy Side Mandates. Since 2016, DealGen Partners has generated over $900M in deal value. Through the combination of their outreach strategy and network of partners, DealGen brings Private Equity and Strategic Acquirers the perfect targets for their deal criteria. Brian shares his idea behind creating DealGen, and reveals his key strategies to execute and close a deal effectively. Key Insights: 00:00 Introduction 03:11 Idea and the need to create DealGen' 08:30 Shiny object syndrome and long-term thinking 13:51 Inflection point – a pivotal moment for Brian 20:48 Brian’s financial results in 2019 23:58 Cleaning up the business to present in a clear and concise way in order to get the deal done 26:36 Companies like Fast Signs making the bank and how 30:31 Amazon FBA businesses If you’d like to connect with Brian email him at Brian@dealgenpartners.com To know more about long-term personal financial engineering and options for building legacy wealth, connect with our Team at www.100year.com Bonus resources: DOWNLOAD our Dual Asset Strategy ebook and learn how YOU can leverage cash value life insurance and become your own source of financing: https://100yearrei.com/ebook-download/ SCHEDULE A Call With Us: https://100yearrei.com/callnow/ About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-... #legacywealth #lifeinsurance #financialplanning #personalfinancialengineering #generationalwealth #realestateinvesting #multifamilyinvesting The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Jake and Gino are not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle. 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.
undefined
Nov 1, 2022 • 34min

Secrets Of Brilliant Mompreneurs w/ Lani Jackson

On this episode, Julia and Gino talk with Lani Jackson, who helps mompreneurs create flexible business strategies that can adjust with the chaos of their life and propel them towards their big dreams & goals. Lani shares her strategies and systems that has helped her to win over the chaos in her personal life that moms face while taking care of the family when they are also working towards their goals. She talks about strategies that can bring flexibility in routine for moms and can help them to get rid on mom-guilt. Key Insights: 00:00 Introduction 04:03 Biggest challenge of mompreneurs 09:03 Strategies to get rid of the mom-guilt 12:32 Plan for the flexibility 18:09 Getting along with spouse while growing the business 22:36 Resolving conflicts by setting priorities 27:03 Right time to seek advice 32:40 Wrap-up Check out Lani Jackson's podcast: https://bityl.co/F7i0 Connect with Lani on Instagram: https://fbook.cc/47yR If you are ready for a breakthrough in your life ⚡ MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! 💪 Learn more: https://jakeandgino.com/mm5 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.
undefined
Oct 31, 2022 • 13min

How To Acquire Wealth [Step-By-Step Guide]

As I was rereading Napoleon Hill’s “Think and Grow Rich”, I came across a fantastic method of training your mind to acquire money. The accumulation of money in our society has become a frowned upon achievement by many, but as I have grown older, I know that this type of thinking has become destructive to our country. Many people view money as the root of all evils, but I feel that how people use money and their intent dictates whether money will be used for good or evil. If you view money as not necessary or as evil, then your chances of attracting money will diminish dramatically. Money allows a person to be more of who they are. If you are a jerk, then money will allow you to become more of an unpleasant person, but if you heart leans toward charity, then money will allow you to express that side of your personality. I always tell my friends that poor people are not the ones building schools and hospitals, and money is energy that fuels the economy. The more money that I can earn, the more that I can donate to charity and utilize for worthy causes. My goal for the Jake & Gino community is to create multifamily entrepreneurs, where these people can take control of their financial future and contribute to the growth and prosperity of our country. I encourage all the readers to follow these six steps and you will attract all the money you want and deserve. Here are Napoleon Hill’s 6 Steps: ✔Fix in your mind the exact amount of money you desire. ✔What are you going to give back to get this money. ✔Establish a date by when you will acquire money. ✔Create a definite plan and execute. ✔Write out a statement stating how much you desire, the time limit and what you intend to give to get the money. ✔Read statement allowed, during day, when you wake up and before you go to bed. Before bed, your subconscious works on it. There is some truth when people tell you to sleep on a problem and wake up refreshed and with an answer. Your subconscious will be working all night on a solution. Watch the full video to learn more. Check out Gino Barbaro's blog on this subject: https://jakeandgino.com/6-steps-to-follow-to-acquire-wealth/ 📌 If you are ready for a breakthrough in your life ⚡ MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! 💪 Learn more: https://jakeandgino.com/mm5 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.
undefined
Oct 27, 2022 • 39min

Helping People Win At Work w/ Garry Ridge

On this episode, Jake and Gino are with Garry Ridge, Chairman & CEO at WD-40. He has co-authored the book “Helping People Win at Work”. Garry puts some light on ways to uplift the culture of any organization and help people to love their job and do the work. He differentiates between the toxic culture and the productive environment. He discusses techniques for engagement and commitment with employees and what is required at leadership level to make cultural changes besides explaining goals of the company. Garry teaches leadership development, talent management & succession planning in the Master of Science in Executive Leadership program. He is also known as ‘Culture & Leadership Architect, #1 Coach in Culture Creation’ Key Insights 00:35 Introduction 02:00 Starting with WD-40 08:07 How to make people love their job? 14:07 Soul-sucking leader lets ego eat the empathy instead of empathy eating that ego 19:00 We need to remind ourselves often of what we want to become 23:52 Lets get rid of words ‘mistakes’ and ‘failure’ 25:30 Pledge of responsibility 30:32 Best practices to make people feel the belongingness 34:00 Practices for staying organized 36:15 Wrap-up Check out Garry’s best-selling books on Amazon: https://amz.run/645Z If you are ready for a breakthrough in your life ⚡ MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! 💪 Learn more: https://jakeandgino.com/mm5 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.
undefined
Oct 26, 2022 • 24min

Long-Term Mindset: Building Relationship Capital

On this episode of the 100 Year Real Estate Investor show, Jake and Gino sit down with with Yanik Silver, the author of 'Evolved Enterprise'. Yanik has been called a Cosmic Catalyst, a Maverick Mischief-maker and a Galactic Goofball. His mission is to redefine business in the 21st century by combining evolutionary growth, impact and fun. They talk about the importance of values and culture in an organization, and how having long-term visions will help create a bigger impact on the community, in comparison to having the short-term tactics that lead to only short-term success. Yanik shares that he put a lot of importance on his network. He perceives his network as one of his strengths, and calls it his “Relationship Capital”. We love this phrase! Key Insights: 00:00 Introduction 02:30 Importance of culture and values in a company 08:40 'Members' or 'community' not the 'employees', are the terms to nurture the culture to make the bigger impact 11:41 Building Relationship Capital – Your network is your net worth 14:03 Journaling as foundational principle to get better, long-term mindset and goals 15:03 Glimpse of Yanik's Cosmic Journal 18:10 Shortcut solutions versus long-termism for future success 22:10 Adding value to create impact To know more about Yanik's initiatives, visit https://yaniksilver.com/ To know more about Yanik's entrepreneur community, visit https://maverick1000.com/ To find out more about long-term personal financial engineering and options for building legacy wealth, connect with our Team at www.100year.com Bonus resources: DOWNLOAD our Dual Asset Strategy ebook and learn how YOU can leverage cash value life insurance and become your own source of financing: https://100yearrei.com/ebook-download/ SCHEDULE A Call: https://100yearrei.com/callnow/ To talk to our Team about adding a Permanent Life Insurance Policy to your financial plan (and even the plan for your children), get in touch with our Team here About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-... #legacywealth #lifeinsurance #financialplanning #personalfinancialengineering #generationalwealth The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Jake and Gino are not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle. If you are ready for a breakthrough in your life ⚡ MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! 💪 Learn more: https://jakeandgino.com/mm5 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.
undefined
Oct 25, 2022 • 26min

Be The Go Giver w/ Darren Light

On this episode, Gino is with Darren Light, an active member of the Jake & Gino Multifamily community, both as a student and Mentor. He is with the community since Multifamily Mastery 1 conference. Today, he talks with Gino about his transformation from W2 to becoming a Mentor with the community. He shares his experience about how he started with the partnership, got the first deal and how he is still growing his portfolio by investing in RV parks. Darren Light is a mechanical engineer by trade and started investing in real estate in 2016. In April of 2017 he left his corporate job to pursue real estate full time. His portfolio consists of single-family rentals in Knoxville, TN, as well as over 100 units in central and eastern Tennessee with a combined market value of over three $3,000,000. Darren has successfully completed eight flips and has multiple active projects in Knoxville and the Tri-Cities area. Key Insights: 00:00 Introduction 02:57 Mindset shift at MM1 event 06:29 'Why' of getting into multifamily 08:27 Learnings from the first deal 11:48 Reasons to get into RV parks 14:28 Getting into coaching 19:37 Becoming a better version of yourself 21:47 Wrap-up To know more about Darren’s initiatives, visit https://realwealth.solutions/ If you are ready for a breakthrough in your life ⚡ MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! 💪 Learn more: https://jakeandgino.com/mm5 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.
undefined
Oct 24, 2022 • 10min

How To Perform Jake & Gino’s Three-Step Due Diligence On A Multifamily Property

Any experienced investor will tell you how significant it is to know how to conduct a thorough multifamily apartment due diligence. Due diligence is defined by Investopedia as the care a reasonable person should take before entering into an agreement or a transaction to another party. I learned the importance of due diligence, or lack there of, soon after my first real estate blunder. There are 3 types of due diligence: 1. Financial 2. Physical 3. Legal As a rule of thumb, always perform the financial due diligence first. If the numbers don’t work out, then you didn’t waste any money or time on the property inspection or legal work. The majority of deals that don’t go to closing are because of the financial due diligence. In these uncertain times, we recommend a thirty day due diligence period for performing your due diligence. The due diligence period should not commence until you’ve received ALL the requested financial documents. This will motivate the seller to turn over all the records in a timely fashion so you can perform an accurate analysis of the property’s performance much more quickly. Watch the video to learn more. Read Gino Barbaro's article on this subject: https://jakeandgino.com/how-to-perform-due-diligence-multifamily-property/ 📌 If you are ready for a breakthrough in your life ⚡ MULTIFAMILY MASTERY 5 is for you! Attend Jake & Gino's flagship annual conference with 1,000+ like-minded individuals, entrepreneurs and investors! 💪 Learn more: https://jakeandgino.com/mm5 📌 Use our free Calculators to figure out key metrics such as IRR on an investment deal; Mortgage finance; ROI; Refinance numbers; and much more 💰 https://jakeandgino.com/realestatecalculators/ 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. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.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.

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app