Jake & Gino: Real Estate Investing & Multifamily

In this podcast Jake and Gino talk to Tucker Max. Tucker explains how starting out trying to find his place in the world he was met with failure after failure. After being fired from both his first law firm job and the family he was left trying to figure a different path. Jake and Gino dive into how Tucker was able to come back from failure by recognizing his talent for writing and pursuing it. They go on to discuss how a shot to Tuckers ego was the eye opener that lead to the idea of Scribe. Tucker Max is the co-founder of Scribe Media, a company that helps people write, publish and market their books. He has written four New York Times Best Sellers, which have sold over 4.5 million copies worldwide. He's credited with being the originator of the literary genre, “fratire,” and is only the third writer (after Malcolm Gladwell and Michael Lewis) to ever have three books on the New York Times Nonfiction Best Seller List at one time. He was nominated to the Time Magazine 100 Most Influential List in 2009. He received his BA from the University of Chicago in 1998, and his JD from Duke Law School in 2001. He currently lives in Austin, Texas, with his wife Veronica and three children. 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.

How do you build a brand in real estate?   On this episode of the RandCRE show, Jamie breaks down what you need to do to grow a brand in real estate.   2 Questions for Brand Building What are your strengths?   Do you provide the knowledge and expertise or do you broker it?    Provide a service that fills a need in the industry. 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.

Topics Covered Include: Learn Logan’s keys for repositioning assets How Logan’s mind was holding him back and once he changed his mindset and surrounded himself by the right people his results grew dramatically. Learn the importance of leadership and reaching up in your journey   Logan’s Bio: Logan owns and operates a growing real estate business with 103 different properties, 770 total units, in 15 cities across the state of Wisconsin valued at over $66M. Logan spent the first decade of his professional working career working for a fortune 50 corporation leading retail operations. He escalated quickly through various leadership positions where he built high performing teams and managed large P&L portfolios. During this time, he was able to lead and implement strategic operational changes at the enterprise level across the US. In 2013, Logan began investing in real estate and through a lot of hard work, Logan achieved financial freedom in the spring of 2018 when he was 30 years old and decided to leave his corporate job in early 2019 to focus his efforts on his real estate business. Logan has been able to grow his business aggressively by adding 180 units in 2019 and over 450 units this year. He also owns a Property Management business that manages his and his employees’ properties. Over the last few years, Logan has also focused on building a foundation dedicated to coaching adults and kids how to better understand personal finance and real estate. 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.

Our guest today, Chris Jackson founder of Sharpline Equity, is living proof of what Jake and Gino’s principles are founded on. Starting in a law firm Chris realized the power of multifamily investing and the rest is history. Chris specializes in finding underperforming multifamily assets with high upside opportunities. Chris is based on the North Fork of Long Island, applies the management and efficiency principles that Jackson has acquired over the last 15 years as an Information Technology consultant. Chris’s career, specializing in operational efficiency to maximize profitability, has spanned a wide range of disciplines but has mainly been focused on servicing the legal industry. He has provided a strategic and tactical implementation of a suite of efforts including cybersecurity, project management, vendor selection, personnel selection, and mentoring, and software architecture. Chris’s management experience of large and multi-disciplined teams, his enterprise-level project delivery on tight timelines, and his operational strategy and implementation are the same principles he brings to each new multifamily project acquired. Jake, Gino, and Chris go over their real-life experiences throughout this podcast. Touching from why multifamily changed not only their lives but their families as well to different avenues to creating a multifamily empire. Furthermore, Jake and Gino go into how important knowing the numbers is to building a business within multifamily. These businessmen have learned the keys to building a company from the ground up and what it takes and are able to share some key secrets to how it was done throughout this podcast. Finally, their insights along with hands-on experience fill this podcast with amazing stories. Listen to this podcast with a pen in hand for you will be in awe with this amazing content laid out by Jake, Gino, and Chris. Go to Jake and Gino to learn more about their journey! Go to Chris Jackson’s w ebsite to learn more about his journey! 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 and Will Coleman interview Harper Jones of Create Tailwind Infinite Banking coaching.  Key Information: Whole Life Insurance guarantees payment of a death benefit to beneficiaries in exchange for regularly due premium payments. In addition, Whole Life Policies includes a savings portion called the “cash value” which accumulates interest on a tax-deferred basis. Policy holders can access the savings portion of their policy by either directly requesting a withdrawal of funds or using their savings portion to borrow against in order to lend to themselves. Benefits of Whole Life Insurance: Full use and control Liquidity and cash flow Tax-free savings Compounding growth   Expert Pro Tip: “Surround yourself with people who are doing what you want to do” Contact Information: harper@createtailwind.com   Resources: Becoming Your Own Banker- Unlock the Infinite Banking Concept by  R. Nelson Nash    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 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.

Since 1994, Rick Sapio has been CEO of MCA, an investment holding company which has made more than 100 investments. Since 2003, Rick has been a co-founder/GP of Mutual Capital Partners, a PE firm with three funds. He co-authored the best-selling book, Who’s In Your Room: The Secret to Creating Your Best Life. Rick’s life purpose is to inspire entrepreneurship, which led Rick to start www.BusinessFinishingSchool.com (“BFS”); a virtual learning platform designed to help businesses scale quickly and profitably, which has helped thousands of people the past 10 years. Rick learned that business growth and success are accelerated when a few key principles are applied. He created these “Foundational Business Principles” that form the frame of BFS to help successful people become more grounded and focused in their business and personal lives.He is a 1987 graduate of Rutgers University, with a B.S. in Industrial Engineering, and resides in Dallas, Texas with his wife and their four young children.   Rick’s message is simple, yet very difficult for most families to execute upon. Simplicity and rhythms are two keys that Rick credits for his business and family success. What does he mean by that?   His goal as a parent is to raise a god fearing, independent child who can enter the world and take full responsibility for their actions. He was envisioning married and family life even before he was married. He took responsibility for who he married, and for how him and his wife chose to raise their family. He created a family place mat that contains his family's core values, mission statement and other important virtues that his family follows on a routine basis.   Rick shares with the listeners the decisions that will lead to an amazing family life, and how to raise happy and independent children.   To create your own family place mat, visit Family Place Mat.   To learn more about Rick, visit Mutual Capital Alliance. 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.

Jake & Gino go through what their popular book, The Honey Bee , covers. The Honey Bee tells the story of Noah—a disappointed, disaffected salesman who feels like his life is going nowhere until the day he has a chance encounter with a man named Tom Barnham, the beekeeper. In his charming, down-home way, Tom the “Bee Man” teaches Noah and his wife Emma how to grow their personal wealth using the lessons he learned from his beekeeping passion. The Rundown Facebook Live Cashflow Grass Growing Capital Owner Financing Appreciation NOI Market Comps Inflation Hedge Economies Of Scale Insurance Costs Self Storage Emerging Markets Remote Work Supply & Demand Yield Income Approach Appreciation The First Deal The Second Deal Finding Deals Processes Knowing The Numbers Kids Captive Insurance COVID-19 Honey Bee Check out our Upcoming Live Events! Subscribe to our Youtube Channel for lots of great content! Buy our new book The Honey Bee ! Audio Book Available Now! 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 and Will Coleman interview Maurce Philogene of Quattro Capital. Key Information: Stop thinking about success in real estate in terms of competition. Start thinking about how you can form mutually beneficial relationships with other investors and brokers in the industry. Tools for Virtual Management:  Earth Class Mail - digitize all your mail (forward checks to the bank) Syndication Pro - manage docs, accreditation status, etc. Slack - for a quicker and more organized communication of amongst team members com - notarize documents online Virtual Assistants - manage marketing / social media   Develop systems and processes in order to avoid repeating common tasks.  Knowing when to be active and inactive in the market largely depends on understanding market cycles. If you know where you are in the market cycle you will know when it’s time to buy and when it’s time to sell.   Expert Pro Tip: “Know your why” Contact Information: Maurice Philogene - Facebook / LinkedIn / Instagram https://www.thequattroway.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 Linkedin: https://www.linkedin.com/company/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 episode of Movers & Shakers Josh & Gino interview Chris Petrakis. Topics touched on include:   How having skin in the game gave Chris the push needed to do his first deal Why Chris is doing multifamily after successful career Chris covers how he shifted from working hard for his money to having his money having work hard for him How Chris was able to go from educating and kicking tires to implementing and getting results.   Chris’s Bio:   Chris Petrakis is originally from Gulf Breeze, Florida but currently resides in Birmingham, Michigan with his beautiful wife and two young daughters. After graduating with a degree in Marketing from Lipscomb University, Chris began his 22-year career in Medical Sales; currently, he is an Aortic Field Sales Associate specializing in Endovascular Aortic Aneurysm repair working with Vascular and Cardiothoracic Surgeons for W. L. Gore & Associates.  Chris started his real estate investing career in 2002 when he bought his first of five rental properties in the Virginia Beach area.  In the meantime, several corporate relocations for career advancement opportunities took him to Baltimore, Boston, Washington, DC and finally to the suburbs of Detroit, where they moved to August of 2019. Moving to his wife’s hometown has surprisingly given Chris the chance to make a leap of faith by committing to multifamily investing. In December of 2019, four months after moving to Michigan, Chris decided to join the Jake and Gino community. It turns out that joining the group was the push he needed to begin his new venture in larger real estate investments. Two months after joining the Jake and Gino community, Chris closed on a value-add Quality Inn and Suites Hotel in February 2020.  Currently, he has his first 8-unit MF deal under contract in his home market of Birmingham, Michigan.  In addition to real estate investing, Chris and some of his business partners recently opened a speakeasy-style bar in the downtown Main Street section of Plymouth, MI, and he is also a part owner of the restaurant above the bar, Greek Islands Eatery, a family-owned operation. While he’s willing to entertain most any investment opportunity that comes his way, Chris believes he has found his passion in Multifamily Real Estate.  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 and Will Coleman explain what you need to know about supplemental loans. Key Information: Before underwriting your financing assumptions, speak to the lender of the senior loan to determine what terms and conditions are possible for the new loan. Lenders require at least 12 months to pass before you are eligible to apply for a supplemental loan.  For supplemental loans, most lenders will not exceed the LTV on the original loan. Ask your lender whether this is something they would consider. Some banks will do this if they feel comfortable with the sponsor. Minimum Supplemental Loan Amounts:  Fannie Mae: $500,000 Freddie Mac: $1,000,000 Community Banks: $750,000 Regular loans cost the same as supplemental loans to service: legal fees, third party reports, origination fees etc,.  Fannie Mae and Freddie Mac require the same principal and interest reserves for supplemental loans as they do for regular loans. Expert Pro Tip: “Trust but verify with your lender” Contact Information: will@randcre.com miket@randcre.com  Randcapllc.com info@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 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.