How To Select The Right Partner To Invest In Real Estate

Welcome to another insightful episode of the Jake and Gino podcast! In this week's episode, Gino Barbaro, one of the co-founders of Jake and Gino, dives deep into the essential questions that limited partners (LPs) need to ask general partners (GPs) when evaluating multifamily investment opportunities. This episode is crucial for both passive investors and those raising capital.Episode Highlights:Key Questions for Limited Partners:Requesting T12s and Rent Rolls:Understand why it's vital to get the actual T12s and rent rolls, not just projections.Learn how to analyze patterns in income and expenses to gauge property performance.Evaluating Lease Exposure and Rent Balances:Discover the importance of assessing lease exposure and outstanding balances on the rent roll.Learn to identify potential issues with month-to-month leases and delinquent tenants.Capital Expenditures and Budgeting:Why it's critical to review the general partner's budget for capital expenditures.Tips for assessing if the estimated amount for repairs and replacements is adequate.Market Rent Analysis:How to verify the GP's projected market rents using resources like apartments.com.Understanding the implications of overestimating rent projections.Occupancy Rates:Differentiate between physical and economic occupancy.Understand the significance of occupancy rates for financing and deal stability.Operating Expenses:Importance of drilling down into all components of operating expenses.Learn how to compare projected expenses with market standards to avoid underestimation.Net Operating Income (NOI) and Debt Service:Assessing the current and projected NOI to ensure realistic projections.Understanding the structure and terms of the debt service to avoid risks related to short-term bridge financing.Additional Resources:Passive Investor Pro Program: Learn how to invest confidently as a limited partner with coaching calls and boot camps exclusive to the Jake and Gino community. Learn MoreApply to Work with Us: Interested in multifamily investing? Apply to work with Jake and Gino. Apply Here We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Chris Lento shares his journey from working in the defense industry to transitioning into multifamily real estate full-time. He discusses the challenges of the defense industry and the realization that real estate offered more control and autonomy. Chris highlights the importance of learning about syndication and how it opened up opportunities for him. He shares his experiences with scaling his portfolio and getting involved in syndicated deals. Chris emphasizes the significance of knowledge, confidence, and building a network in achieving success in real estate. Chris Lento shares his experience of selling smaller deals in Boston and the thought process behind it. He emphasizes the importance of focusing on return on equity and the need for disciplined decision-making. Chris also discusses his buy right criteria, including value-add propositions and specific markets he is investing in. He provides insights into getting started in multifamily investing and scaling the syndication business. Chris shares educational resources that have added value to his life and reflects on a recent deal loss and the lessons learned. He concludes with his contact information and closing remarks. Takeaways Learning about syndication can open up opportunities and allow for more control and autonomy in real estate investing.Building a network and learning from others can help overcome limiting beliefs and accelerate success.Scaling a real estate portfolio requires exploring new markets and finding deals with higher cash flow potential.Transitioning from a traditional job to real estate full-time requires careful planning, building a track record, and developing the necessary skills.Understanding the challenges and limitations of certain industries can motivate individuals to explore alternative paths, such as real estate investing. Focus on return on equity when evaluating properties.Consider value-add propositions and market conditions when buying assets.Network and find mentors to learn from in the multifamily space.Be proactive and take massive action to achieve your goals in real estate investing. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Welcome to the Movers and Shakers podcast! In this episode, Gino Barbaro sits down with Kent Kiess, a multifamily investor, educator, and bestselling author of "Beyond the Tool Belt." Kent shares his journey from construction and teaching to becoming a successful real estate investor. Discover how he built wealth, wrote a bestselling book, and created a blueprint for making money in the blue-collar world. Whether you're an aspiring investor or looking for inspiration, this episode is packed with insights and actionable advice!The journey from a blue-collar background to a bestselling author and multifamily investor.The importance of mindset, discipline, and community in achieving success.Practical strategies for investing in multifamily real estate.The value of time, health, and wealth in building a fulfilling life.How whole life insurance can be a powerful tool for financial growth.Connect with Kent Kiess:Phone: 562-209-3159Website: KC-InvestmentsBook: Beyond the Tool Belt (available on Amazon)Follow Jake and Gino:Website: Jake and GinoYouTube Channel: Jake and GinoInstagram: @jakeandginoPodcast: Jake and Gino ShowMovers And Shakers Podcast: Movers and ShakersSubscribe for More Content:Don’t forget to like, comment, and subscribe for more videos on multifamily investing, real estate tips, and entrepreneurial advice.Tags:#RealEstate #MultifamilyInvesting #Entrepreneurship #BeyondTheToolBelt #JakeAndGino #InvestmentStrategies #RealEstatePodcast #TimeHealthWealth #BlueCollarSuccessThank you for watching! If you enjoyed this episode, please give it a thumbs up and share it with your friends. Stay tuned for more inspiring stories and valuable insights in the world of real estate and beyond. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Welcome to our latest video, featuring Gino Barbaro, one of the co-founders of Jake and Gino. In this informative how-to lesson, Gino discusses the essential steps to starting a business with a partner, with a special focus on selecting the right partner for your business. He shares personal stories, valuable insights, and practical advice on making values-based decisions to ensure a successful partnership. Key Points:The significance of understanding energy blocks and how they impact your decision-making.The four parts of the energy box: Gremlin, Assumption, Interpretation, and Limiting Beliefs.How personal values play a crucial role in selecting the right business partner.The importance of aligning visions and goals with your partner for a successful partnership.Practical advice on how to start small and build trust in partnerships.The Beer Test: Why liking your partner is essential for a long-term relationship.Gino's personal stories and lessons learned from past partnerships.  Contact Us:If you're interested in learning more about investing in multifamily properties, partnering with like-minded individuals, or joining the premier multifamily community, reach out to us at:Phone: 865-800-3905  Connect with Us:Website: Jake and GinoInstagram: @jakeandginoFacebook: Jake and GinoLinkedIn: Jake and Gino  👍 Don't forget to like, subscribe, and hit the notification bell to stay updated on our latest videos!Thank you for watching and spending part of your day with us. We'll see you in the next how-to lesson. Take care! We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Welcome to this week's how-to video by Jake and Gino! I'm Gino Barbaro, co-founder of Jake and Gino. In this video, we'll be discussing essential tips for limited partners (LPs) in multifamily investments. If you're a high-level executive or busy professional wanting to invest in real estate passively, this video is for you.Key Topics Covered:Is Multifamily Right for You?Understand your financial goals and whether multifamily investing aligns with your investment strategy. Multifamily may not be suitable for everyone, especially if you seek high liquidity and frequent transactions.The Importance of the General Partner (GP):Learn why focusing on the GP and their team is crucial. We'll discuss how to evaluate their track record, communication style, and overall management capabilities.Market Selection:Discover how to choose the right markets for your investment goals, whether you're seeking cash flow, capital appreciation, or a blend of both.Team Members and Vertical Integration:Understand the roles of accountants, lenders, attorneys, and property managers. Learn the difference between asset management and property management and why vertical integration matters.Investment Terms and Fees:Get clear on splits, hurdle rates, and various fees associated with deals. We'll explain the importance of understanding these terms before committing to an investment.Exit Strategies and Capital Calls:Learn about potential exit strategies and the implications of capital calls. Understand the importance of flexibility and being prepared for changing market conditions.Join the Jake and Gino Community:Interested in learning more about becoming a successful limited partner? Email me at [email protected] for a free copy of our book, "Real Bar Profits," and information about our comprehensive program designed to teach you how to invest wisely in multifamily properties.Connect with Us:Website: Jake and GinoEmail: [email protected] Connected:Subscribe to our channel for more educational videos.Like this video if you found it helpful.Comment with any questions or topics you'd like us to cover next.Thanks for watching! Remember, education is the first step. Take massive action and leverage the Jake and Gino community to help you achieve your investment goals. See you in next week's how-to video! We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

In this episode of the Jake and Gino Podcast, Jake Stenziano and Gino Barbaro delve into the intricacies of real estate investing with seasoned expert Frank Galanelli. Frank shares insights from his decades of experience, discussing the evolution of the real estate market and his journey from an accidental author to a revered figure in the industry.He reflects on how technological advancements have transformed real estate data analysis and emphasizes the enduring importance of understanding the numbers behind the deals. The conversation also covers essential real estate metrics like cash flow, debt coverage ratios, and the significance of conducting thorough due diligence.Key moments include Frank’s recount of how a call from a McGraw Hill editor led to his best-selling book, "What Every Real Estate Investor Needs to Know About Cash Flow," and his tips on avoiding common pitfalls in real estate investing. The hosts also explore the balance between leveraging technology and maintaining personal connections in the industry, highlighting the need for emotional intelligence in successful real estate transactions.For more insights and educational resources in real estate investing, visit Frank Galanelli’s website and explore his range of books and courses. Stay updated with more episodes on the Jake and Gino YouTube channel: https://youtube.com/@jakeandgino. Learn more at https://jakeandgino.com.Chapters00:00 - Intro01:12 - Inspiration Behind Writing My Real Estate Book05:32 - What Has Changed in Real Estate Over the Last 15 Years?11:39 - Exploring AI in Real Estate20:51 - Key Numbers to Focus On38:19 - Important Resources That Can Help44:44 - How to Start in Real Estate Investing If You Think You Can't47:07 - Gino Wraps It UpTags: Real Estate Investing, Frank Galanelli, Cash Flow, Investment Metrics, Real Estate Technology, Jake and Gino Podcast We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Join Gino Barbaro, co-founder of Jake and Gino, in this enlightening podcast episode where he dives deep into the roots of our financial decisions and the biases that shape them. From historical contexts like the Depression and the 2008 recession to personal anecdotes from his own life, Gino explores how our past experiences and the era we grow up in can heavily influence our financial outlook and decisions today.What to Expect in This Episode:Historical Financial Contexts: Understand how different eras, from the Depression to the dot com bubble, influence financial biases.Personal Stories: Gino shares touching and relatable stories from his childhood and how they crafted his 'money blueprint'.Advice for Investors: Insights into multifamily investing and how to shift from a scarcity mindset to one of abundance and strategic thinking.Community and Support: Learn about the benefits of joining a like-minded community in achieving financial freedom.Resources and Links:Join our community: JakeandGino.com/applyFor a free PDF copy of our multifamily investing framework, email: [email protected] you're a seasoned investor or just starting to question your financial biases, this episode offers valuable insights into making informed and intentional financial choices. Gino's candid sharing and practical advice will empower you to examine your own financial beliefs and how they affect your investment strategies.Like, Comment, and Subscribe for more financial wisdom from the Jake and Gino community!#FinancialDecisions #Investing #JakeAndGino #MultifamilyInvesting #FinancialFreedom #PersonalFinance #RealEstateInvesting We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Welcome to a compelling episode of the Jake and Gino Podcast, where we dive deep into the world of social media virality and content creation with our distinguished guest, Brendan Kane, the mastermind behind the success of global brands and celebrities like Taylor Swift and IKEA. Brendan shares his insights on how he's generated 60 billion views and 100 million followers, revealing the secrets detailed in his latest book, "Hook Point: How to Stand Out in a 3-Second World."📖 Get Brendan’s Book: https://amzn.to/44qxIERTimestamps:0:00 - Introduction0:11 - Meet our guest: Brendan Kane0:41 - Insights on Taylor Swift's brand strategy1:16 - The philosophy behind 'Hook Point'2:31 - The impact of celebrities on brand engagement4:39 - Discussing the influence of social media familiarity from a young age10:35 - The essence of mastering storytelling formats on social media15:07 - Effective hook points and the blend of branding and messaging20:36 - Strategies for making niche markets appealing to a broader audience25:08 - The importance of frameworks in social media content strategy31:27 - Exploring various story formats and their applications37:50 - Brendan’s professional journey and the genesis of his methodologies41:38 - Closing thoughts and the importance of adaptation in content creationIn This Episode:Join us as Brendan Kane breaks down the intricacies of making content that not only captures attention but also maintains it, driving both engagement and business results. From discussing Taylor Swift's authenticity to exploring how modern real estate agents like Ryan Serhant capture millions of views, this episode is packed with actionable advice for anyone looking to elevate their presence on social media.Brendan also addresses common misconceptions and challenges in content creation, emphasizing the need for a solid understanding of social media formats and the importance of storytelling in crafting successful digital campaigns.Connect with Us:Website: https://jakeandgino.comInstagram: https://www.instagram.com/jakeandgino/Facebook: https://www.facebook.com/jakeandgino💬 Let us know what you think in the comments below or share your thoughts on social media using #JakeAndGinoPodcast!Remember to like, share, and subscribe for more insights from industry leaders!#SocialMediaStrategy #ContentCreation #DigitalMarketing #Podcast #JakeAndGino #BrendanKane #HookPoint #ViralContent We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

In this insightful episode of the Jake and Gino podcast, co-founder Gino Barbaro shares invaluable advice on overcoming the challenges of entrepreneurial burnout. If you're an entrepreneur facing tough days, feeling low on energy, or just need a motivational boost, this episode is for you. Gino dives deep into his personal experiences and the lessons learned on his entrepreneurial journey. From shifting focus from purely making money to delivering value and creating memorable customer experiences, to the importance of choosing the right business partner and aligning with your core values, Gino covers all bases to help you sustain and grow in your entrepreneurial venture. What You'll Learn: Shifting Focus: The importance of focusing on customer service over mere profit. Choosing Partners: How selecting the right partners can prevent burnout and scale your business. Values-Based Decision Making: How to make decisions based on your personal and business values. Recharging: The necessity of taking breaks to recharge your creative and business drive. Mission and Core Values: The role of a clear mission statement and strong core values in business sustainability. Community and Learning: The benefit of engaging with masterminds and learning environments to keep improving. Health and Hobbies: How personal health and hobbies contribute to your overall well-being and business success. Coaching and Support: The impact of having a coach or mentor to guide you through your entrepreneurial journey. Featured Tools and Mentions: Jake and Gino's Wheelbarrow Profits Book The Honeybee Book: Complementary Streams of Revenue Mentions of influential figures like Elon Musk, Donald Trump, and Grant Cardone. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Join hosts Jake and Gino on this enlightening episode of the Jake and Gino Podcast, featuring special guests Mark Purtell and Preston Hart from CTC Capital Management. Dive into the intricacies of multifamily housing investments and the unique strategies employed by CTC Capital Management to thrive in tertiary markets. Introduction to Multifamily Investments: Dive into the world of multifamily real estate with insights from the experienced team at CTC Capital Management, exploring how they've carved a niche in tertiary markets. Tech Triumphs in Real Estate: Gino shares a light-hearted anecdote about the ease of technology use in today's business environment, setting a positive tone for the discussion. From Trading to Real Estate: Mark Purtell narrates the intriguing transition of CTC from a trading firm to launching their first real estate fund, highlighting strategic diversification. Ins and Outs of CoGP Investments: Learn about the nuances of co-general partner investments, how they function, and why they are critical in structuring large property deals. Real-Life Deal Discussions: The guests share anecdotes of recent real estate deals, providing a real-world perspective on their strategies and the outcomes of their investment decisions. Strategic Investment Locations: Delve into why CTC focuses on the Northeast and Midwest, discussing the economic stability and competitive advantages of these less saturated markets. Risk Management in Real Estate: Discover how CTC preemptively addresses potential risks in property deals, illustrating their proactive approach to investment. Future of Multifamily Housing: Engage with thoughts on the future trends in multifamily housing and how demographic shifts influence investment strategies. Challenges and Solutions in Property Management: A candid discussion about the evolution from third-party to self-management among operators, highlighting how control over operations can lead to better outcomes. Operational Scale and Growth: Uncover how CTC has scaled its operations over the years, growing from single deals to managing significant assets, and the role of effective networking in expansion. Learning and Resources: Gain insights into the resources and learning materials that help keep the CTC team informed and ahead in the real estate game. Audience Engagement and Outreach: Find out how listeners can connect with CTC for potential collaborations or investment opportunities, emphasizing community and professional engagement.   Website: CTC Capital Management Email: [email protected] Phone: 312-863-8079 Closing Thoughts: Stay tuned for more insightful discussions on real estate and investment strategies with Jake and Gino. Don’t forget to subscribe for updates on future episodes! #JakeAndGinoPodcast #RealEstateInvestment #MultifamilyHousing #CTCCapitalManagement #InvestmentStrategies We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply 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. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/