Jake & Gino: Real Estate Investing & Multifamily

“Life shrinks or expands in proportion to one's courage.” - Anais Nin In this episode, Jake and Gino discuss how values-based decision making has impacted a tough choice they had to recently make in their real estate investing business.  They recently sold a multifamily property in Louisville, KY, which is a rare occurrence as they typically like to hold assets for the long term. There were some changes in the state of Kentucky that did not align with their values. George Washington said “Freedom and Property Rights and inseparable. You can’t have one without the other.” We value freedom and property rights and therefore, it was time for us to walk away. We challenge you to begin creating core values for your business, if you haven’t already. If a situation arises that is not in alignment with your values, then you can act on it and continue to live by those values.   Key Insights: 00:00 Introduction 01:00 Why values-based decision making 02:01 Non-alignment with your core values can cost you dearly 03:42 How to figure out your core values 06:18 How Jake & Gino apply values-based decision making in their Multifamily deals/transactions 11:40 The 100 Year Mindset 14:38 “Life shrinks or expands in proportion to one's courage.” - Anais Nin 19:15 Your happiness with your spouse is most important 21:10 You need clarity to design your life 23:20 “We see the world, not as it is, but as we are──or, as we are conditioned to see it.” - Stephen R. Covey Check out the podcast to learn how values-based decisions can help you transform your life too. Additional resource: Why Values-Based Decision Making with Rick Sapio: https://ytube.io/3M3a Download our eBook on how you can leverage on our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/   If you want to learn how 100 Year Mindset can help you create consistent cash flow income streams and long-term generational wealth, get in touch with our Team now: https://100yearrei.com/callnow/ 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.

In this episode, Julia and Gino Barbaro talk with Arlene Pellicane. Arlene is a speaker and author of several books including Screen Kids, Parents Rising, 31 Days to Becoming a Happy Mom, and Calm, Cool and Connected: 5 Digital Habits for a More Balanced Life.   Arlene has been featured on the Today Show, Wall Street Journal, Fox & Friends, Focus on the Family, and FamilyLife Today. She's the host of the Happy Home Podcast and regular contributor to Proverbs 31 Ministries.      Key insights: 00:00 Introduction 01:15 Why eye-contact is so important 05:10 Effective digital habits 10:00 Side effects of using digital devices too intensively 14:40 Getting rid of screen addiction and adopting healthy practices 21:20 How to encourage your children to develop their social skills 25:25 Do your children need phones 27:50 Is it necessary for your children to use social media 29:40 Instilling good habits such as reading 31:38 Using technology for creative purposes 35:20 Creating rhythms 40:10 Read Arlene’s books: https://amz.run/4vT8     Want to explore more? Listen to the podcast on Apple Podcasts or our website now. You can watch the video version on our YouTube channel ‘Jake & Gino’.   Visit Arlene’s website: https://arlenepellicane.com/   The Multifamily Zone podcast was launched in 2019 to serve families and spouses who are committed to working together, building a better relationship with their kids, and strengthening the communication amongst the entire family.   Check out the series of episodes here: https://jakeandgino.com/mfz/   Learn how Jake and Gino Youth Academy can help you enhance the quality of your life: https://jakeandgino.com/education/   #qualityoflife #familylife #educationforlife #parentingskills   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.

Let's talk about key terminology for commercial real estate investing. In this video Gino breaks down the 7 terms every commercial real state investor needs to know. By familiarizing yourself with key terminology for commercial real estate you become a more savvy investor. Learn the key terminology for commercial real estate investing. 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.

Mike Taravella discusses the importance of understanding your rent roll as a buyer and an owner. Key Information:   #1. Understand your occupancy!    If you are getting agency debt you need 90% for 90 days! Get a report if it is not on the rent roll. As an owner, do your reviews to make sure your PM is operating efficiently and your turnover is low.   #2. Market Rents   What are the true market rents? Do your own due diligence to prove out the comps provided. As an owner, keep track of the rents in your market to know when you need to raise them. You NOI relies on it!   #3. Actual Rent Charged   Know how long it should take to get to market rents… hint… it isn’t overnight! Your loss to lease is the difference between your rents and the market. Know where you are and are you executing your business plan?   #4. Lease to and Lease From   See where the value add is when people have been there for a long time! How close are all the leases? If they are all in the same month, that could be a mass exodus of your property.   #5, Understand the balances   As for your 30-60-90 day delinquency reports to understand where the property is. As an owner, who is paying and who is not? Add a narrative as to why someone is past due for understanding the story and potential eviction support. Pro tip: Know your rent roll, understand your takeover plan, and make sure you are capitalized!  Contact: MikeT@RANDCRE.com  To register to invest with us:   https://jandg.activehosted.com/f/58  Rand CRE’s Facebook:   https://www.facebook.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.

In this podcast, Jake and Gino interview Cameron Herold, a top business consultant, best-selling author, and speaker. He’s the mastermind behind hundreds of companies’ exponential growth and he’s touched thousands of businesses indirectly through his work.   At age 21, he had 14 employees. By 35, he’d helped build his first two 100 Million Dollar companies. By the age of 42, Cameron had engineered 1-800-GOT-JUNK?’s spectacular growth from $2 Million to $106 Million in revenue in just six years.   Key Insights: 00:00 Is perfectionism holding you back 01:00 Entrepreneurship is about freedom 03:10 How to get started as an Entrepreneur 03:48 It is not just about working hard 08:50 Morning routines and work-life balance 12:07 How to develop new skills and habits 16:05 Importance of culture and values 20:50 Vivid Vision 25:30 How to manage your time and enhance productivity 30:47 Parkinson's law: "work expands so as to fill the time available for its completion" 34:10 Focusing on the job done and managing remote teams 37:30 Investing in people produces the best returns 40:22 Great entrepreneurs are visionary integrators 42:40 The 5 Languages of Appreciation in the Workplace   Whether you are an entrepreneur or want to become one, this Podcast is an absolute gem for you. Listen to the full episode on Apple/Spotify or watch it on our YouTube channel.     Visit Cameron’s website: https://cameronherold.com/   Curious about Multifamily Investing? Register for this complimentary training now and check out whether Multifamily Investing can help you create the life you desire: https://bityl.co/6v71 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.

In this episode, Jake and Gino reveal how one can create multiple streams of income by leveraging a specially designed Whole Life Insurance Policy. Gino shares his own experience on how he has utilized his whole life policy for multiple purposes, including real estate investing. The Key Takeaways: A Whole Life Insurance Policy can open up several ways to create multiple streams of income. A specially designed Whole Life Policy can offer more flexibility with easy access to your money, unlike traditional retirement plans or 401K plans that lock-in your funds for a long period of time. These policies allow you to eliminate the bank and become your own source of financing. You can use your cash value not only to invest in real estate, creating a pass-income earning asset, but also fund other big-ticket items such as buying a car or rv, going for a vacation and much more The carriers we use continue to grow your cash as you use it for self-financing - as if you never touched it! To learn more about the ways you can leverage a whole life insurance policy, sign-up for our complimentary training: https://100yearrei.com/signup-the-benefits-of-a-100-year-rei-policy/ You can also download our eBook on how you can leverage our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/   Ready to become a 100 year Real Estate Investor? Schedule a call directly with our team to get started today: https://100yearrei.com/callnow/ 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.

In this episode of Movers & Shakers, Josh & Gino interview Brian Alfaro and Cody Laughlin, two of the three members of Blue Oak Capital private equity firm, based in Houston. The focus of the firm is on the acquisition of cash flow producing multifamily real estate. Their mission is to help others obtain financial freedom through commercial real estate investing. Brian Alfaro is real estate entrepreneur and local Houston business owner. He started with single family space in 2018. He is residential real estate investor and current licensed agent. He controls a multi-location business in Fort Bend county that serves 1000’s offering an upscale coffee experience. Cody Laughlin is a real estate entrepreneur, podcaster and meetup host with 10 years of real estate investing experience. Key insights: Single family investment is good but multifamily investment is scalable and it offers several more advantages. Surrounded by like-minded people in a community, learning and getting educated consistently is key towards successful multifamily investing. Success leaves clues. You do not need to re-invent the wheel every time; following the pattern can make you successful. One of the important aspects in your business is your relationship with your network. Having a community is not just about business, its about having right culture and growing as an individual in every aspect of your life. You are your own limitation. Thinking big when dealing in multifamily investment, can bring you economies of scale.   Listen to the podcast to learn more.   Visit Brian’s website: https://blueoakinvests.com/   Want to learn how you can begin with Multifamily Investing? Join our free training now: https://jakeandgino.mykajabi.com/freetraining 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.

In this video, Jake and Gino reveal the pros and cons of apartment investing syndication. Key insights: ✔ Increased demand for rental properties, favourable demographics and regulatory environment led to the growth of Multifamily Syndication Businesses. ✔ Syndication is all about controlling more assets with less amount of money. That brings in the scale resulting in faster growth and wealth creation opportunities. ✔ Jake & Gino learned multifamily syndication the hard way. They learned investing in the market. ✔ You don't have to do so, as you can educate yourself and work with Mentors who have the experience and skills to handhold you. ✔ Accelerate your learning curve and don't keep waiting for the right time. Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $100,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs. Subscribe to this channel: https://www.youtube.com/jakeandgino/sub_confirmation=1 Sign up for free training: https://jakeandgino.mykajabi.com/freetraining Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing   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/ 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.

Key Takeaways Ask sponsors what is your worst case  Going in cap rate doesn’t matter as much on true value add deals Nate evolved from multifamily to hotels due to more earning potential (24-hour leases) Nate is currently raising $50M in funds for a hotels Finding deals by finding distressed hotel loans that are on 95 cents on the dollar  When funding distressed hotels you need to raise funds for the back payments and PIP (Property Improvement Program) Focus on Primary & Secondary markets and understand your competitive set Investor Pro Tip: Understand and align your goals with the sponsor goals Reach out to Nate by joining the BRRRR Invest Facebook Group  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.

“Many people wish they started sooner. Almost nobody wishes they started later.” - James Clear     When most of us think about purchasing life insurance, it centers around protecting our loved ones from being financially burdened if something were to happen to us. But, there's much more to consider for those of us that are investing in real estate, either with a partner, with key employees, or even have family members that will eventually inherit our real estate holdings. In these cases, it could make sense to purchase a life insurance policy on another person.    In this webinar, we talk with Kristin Colca, a 100 Year REI Professional about two types of business insurance that real estate investors need: Buy/Sell Agreements and Keyman Insurance. We also talk about the reasons you may consider purchasing a policy on your spouse, children, or even your parents.     Key Insights From This Episode:   - Buy/Sell Agreements allow you to buy out the beneficiary interest in the business using life insurance proceeds.   - Keyman insurance protects your business from loss resulting from the death of an employee who would be costly to replace.  - Insuring your spouse, even if they are not the breadwinner in your household, is an important way to protect your family.    - A policy on your kids can help you teach your children financial responsibility at a young age, by using their policies to finance their first car, pay for education expenses, or invest their first real estate deal.   - A policy on your parents: If your parents do not have policies of their own, owning a policy on them could help you with the future financial burden of medical expenses or end of life expenses.    Listen to the full episode to learn more.     Ready to get started?  Let us show you how a whole life insurance policy, specially-designed by our team, can help build and protect your real estate investing business.     Start the process now! Schedule a call directly with our team today: https://100yearrei.com/callnow/  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.