Are you considering entering the world of multifamily investing? Building wealth and achieving financial freedom through real estate is a dream for many, but success starts before you even look at properties. The foundation of your journey lies in your mindset. This insightful video by Gino Barbaro delves into the key aspects of building a […]
This article is based on a podcast interview with Isaac Lewis, a real estate investor who achieved success in multifamily properties. Isaac’s Background Grew up in a small Kentucky town (population 30,000) Second-generation real estate investor (father invested in rental properties) Exposed to Rich Dad Poor Dad principles at a young age Early Struggles Purchased […]
Ever dreamed of building wealth beyond your day job? Investing can be a powerful tool, but it’s important to start on the right foot. This guide, based on Gino Barbara’s YouTube video “How to Buy Your First Investment Property,” will equip you with the knowledge to make informed decisions and avoid common pitfalls. Building a […]
The recent Federal Reserve rate cut, while initially positive for borrowers, presents a mixed outlook for multifamily investors. While lower rates can offer refinancing opportunities and potentially boost demand, the broader economic landscape and market conditions introduce significant uncertainties. The Impact of Lower Rates Refinancing Benefits: Existing borrowers with variable-rate debt can potentially benefit from […]
In this episode of the Jake & Gino Podcast, Jake and Gino sit down with Daniel Kong, a real estate investor who was able to retire from his W2 job after just three years. Daniel shares his inspiring story of how he transitioned from a software developer to a successful real estate investor, focusing on […]
The multifamily real estate sector, like any other business, is not immune to challenges. In fact, the post-pandemic era and the current economic landscape have presented a unique set of hurdles for those in this industry. However, as Gino Barbaro, co-founder of Jake & Gino, points out, challenges often come hand-in-hand with opportunities. In this […]
Interest rates are a major player in the multifamily investment game, influencing everything from property valuations to deal flow. The recent surge in interest rates has left many investors feeling uncertain. However, as savvy investors know, fluctuating interest rates present both challenges and opportunities. Let’s delve deeper into how to navigate this dynamic landscape. Understanding […]
Real estate investing offers numerous avenues to generate wealth beyond the commonly sought-after cash flow. In this video, Gino Barbaro, co-founder of Jake & Gino, shares insights into the diverse strategies you can leverage to achieve financial success in real estate. Dispelling Myths Barbaro begins by debunking some prevalent myths in real estate. He emphasizes […]
In a recent video, Gino Barbaro, co-founder of Jake & Gino, shares valuable advice on how to find multifamily deals in today's shifting market.
In the realm of multifamily real estate investments, comprehending rental comps is paramount. This vital metric empowers investors to discern the potential rental income a property can generate, playing a crucial role in evaluating a market and ensuring brokers’ claims align with reality. Watch the video version: Key Factors in Rental Comps Gino Barbaro, a […]
Bernard Pearson’s path to multifamily investing is a winding road paved with experience and adaptation. This article explores his journey, highlighting the key moments that led him to success in the world of real estate. Early Career in Residential Real Estate Bernard’s foray into real estate began with single-family homes and duplexes. While this provided […]
This article tells the story of Vlad Arakcheyev, a young immigrant who overcame challenges to become a successful multifamily investor. Early Life and Career Change Vlad arrived in the United States from Russia at the age of 13. He settled into a comfortable graphic design career, but after losing his job due to COVID-19, he […]
This episode of the Movers and Shakers podcast features Neil Schoepp, a former police officer, firefighter, and pizza guy who transformed himself into a successful multifamily investor and life coach. Gino Barbaro, the show’s co-host, narrates Neil’s journey and highlights key takeaways for listeners seeking similar growth. Early Life and Career Shift: Neil initially joined […]
Capital expenditures, or capex, are a crucial aspect of multifamily real estate investing. Understanding how to allocate your capex budget effectively can significantly impact your property’s value, rental income, and overall success. This article explores the three main categories of capex and how to approach them strategically. 1. Value Creation CapEx This category focuses on […]
Taxes are a major expense for any business owner. But there are ways to reduce your tax burden and keep more of your hard-earned money. In this article, we’ll discuss some of the strategies that Preston Anderson, a CPA, uses to help his clients save money on taxes. Entity Structure The way you structure your […]
This article dives into a powerful strategy for multifamily real estate investors: cost segregation. It explores how this approach can significantly reduce your tax burden and boost your overall return on investment. Understanding Cost Segregation Imagine a property you own is a single unit. Typically, the entire value depreciates over a lengthy period, say 27.5 […]
This article dives into the concept of real estate market cycles, unpacking the four stages that define the ever-shifting landscape of the industry. By grasping these cycles, investors can make informed decisions about buying, selling, and holding properties. The Four Stages Recession: The market hits rock bottom, characterized by falling prices, high vacancy rates, and […]
Tired of waiting for the perfect deal? This video breaks down the “conveyor belt strategy” for multifamily real estate investing, popularized by Jake and Gino Barbaro. Learning from Experience The core message? Don’t be afraid to get started, even if your first deal isn’t ideal. Jake and Gino themselves began with a rough 25-unit property. […]
In the fast-paced world of multifamily real estate investment, bridge financing can be a powerful tool for experienced investors. However, for the uninitiated, it can be a recipe for disaster. This guide delves into the intricacies of bridge financing, exploring its benefits, drawbacks, and how to leverage it strategically. What is Bridge Financing? Bridge financing, […]
In the world of multifamily real estate, where investors juggle factors like appreciation, cap rates, and cash flow, a key metric often gets overlooked: profit per unit (PPU). This article dives into the importance of PPU, particularly for investors seeking long-term financial freedom through steady cash flow. What is PPU? Unlike metrics that focus on […]
The multifamily property market can be a goldmine for investors, but the rising cost of insurance can eat into your profits. In this article, we’ll unpack the secrets to lowering your multifamily insurance premiums, empowering you to make informed decisions and safeguard your investment. Why are Multifamily Insurance Rates Rising? The speaker in the YouTube […]
The multifamily property market can be a goldmine for investors, but the rising cost of insurance can eat into your profits. In this article, we’ll unpack the secrets to lowering your multifamily insurance premiums, empowering you to make informed decisions and safeguard your investment. Why are Multifamily Insurance Rates Rising? The speaker in the YouTube […]
Ever wondered how real estate investors evaluate potential properties? They delve into a metric called the cap rate, a key indicator of an investment’s potential return. But what exactly is a cap rate, and why is it so important? This article cuts through the jargon and explains the cap rate in a clear and concise […]
Imagine a simple yet powerful tool that helps you identify potentially profitable multifamily properties in a flash. That’s the magic of the 1% rule, a time-tested metric used by countless investors to navigate the exciting world of multifamily real estate. But is it a golden ticket to riches, or is there more to the story? […]
The real estate market, like most economic sectors, experiences cyclical fluctuations. Understanding these cycles is essential for anyone considering entering the real estate market, whether as a buyer, seller, or investor. This knowledge empowers you to make informed decisions based on the current market conditions and your long-term goals. The Four Stages of the Real […]
In the world of real estate investment, seller financing can be a powerful tool for both buyers and sellers. This article explores the advantages and disadvantages of seller financing, along with strategies for making the most of this approach. What is Seller Financing? Seller financing, also known as owner financing, is a non-traditional financing option […]
Net Operating Income (NOI) is a key metric for multifamily property owners. It reflects the profitability of your investment by showing how much money you’re left with after subtracting operating expenses from your rental income. Here are some strategies you can implement to increase your NOI and maximize your returns: Boosting Rental Income: Leverage Fees […]
In the competitive world of multifamily investment, securing capital is crucial for growth. But beyond a solid business plan and track record, there’s another vital element: your brand. A strong brand builds trust, positions you as an expert, and ultimately attracts investors who share your vision. This article explores key strategies to develop a powerful […]
Embarking on the journey to become a general partner (GP) in multifamily real estate investing is an endeavor that promises not just financial rewards but also the opportunity to play a pivotal role in the success of property investments. This article outlines a strategic approach for aspiring investors to transition from novices to influential GPs […]
As we stand on the threshold of 2024, it’s an opportune moment to peer into the future and discern what lies ahead in the multifamily real estate market. While none of us possess a crystal ball for precise predictions, we can draw insights from past trends and analyze current indicators to make educated guesses. This […]
In the realm of multi-family real estate investing, achieving success hinges on three core principles: buy right, manage right, and finance right. Among these, property management often proves to be the most challenging and critical component. The decision to manage properties in-house or opt for third-party property management involves a careful evaluation of your goals, […]
Successful property management involves more than maintaining the physical aspects of a rental property; it also encompasses fostering positive relationships with residents (aka tenants). Establishing effective communication channels and nurturing relationships with tenants are key factors in ensuring tenant satisfaction, retention, and a harmonious landlord-tenant dynamic. Clear and Transparent Communication Clear and transparent communication lays […]
Owning multifamily real estate comes with the responsibility of effective asset management to ensure optimal performance, sustained profitability, and tenant satisfaction. From property maintenance to financial oversight, successful asset management involves various strategies and best practices that can significantly impact the property’s success and long-term value. Proactive Property Maintenance Maintaining multifamily properties is paramount to […]
Introduction Investing in real estate can be a lucrative endeavor, but it comes with risks. Portfolio diversification strategies for real estate are essential for safeguarding your investments and ensuring long-term financial success. In this comprehensive guide, we will explore various techniques to diversify your real estate portfolio and mitigate potential risks. The Significance of Diversification […]
Multifamily real estate syndication is a high-potential investment strategy that allows multiple investors to pool their resources to collectively purchase and manage apartment buildings. It provides an opportunity for passive investors to participate in real estate deals without the need for hands-on management. In this article, we will delve into the structure of a multifamily […]
Multifamily real estate investments offer significant potential for stable cash flow and long-term financial growth. However, the success of such investments heavily relies on thorough due diligence. Due diligence is the process of investigating a property’s financial, operational, and legal aspects before making an investment. Unfortunately, multifamily investors can make mistakes during this crucial phase […]
Investing in multifamily real estate can be a rewarding and financially sound endeavor, but it is not without its share of challenges and uncertainties. In this comprehensive guide, we will explore strategies and practices that enable you to minimize and effectively manage the risks associated with multifamily real estate investments. Whether you are a seasoned […]
Before diving into tips for enhancing Net Operating Income (NOI) on your multifamily property, it’s crucial to understand what NOI is and how it’s calculated. What is NOI? Net Operating Income (NOI) is a fundamental financial metric used in real estate to assess the profitability of an income-generating property. It represents the property’s income after […]
When it comes to real estate investment, two prominent strategies that often come into play are multifamily investing and fix and flip. Both avenues offer unique opportunities for investors to maximize their returns, but they also come with distinct approaches and considerations. In this comprehensive guide, we’ll delve deep into the world of real estate […]
Vacancy loss in the context of multifamily apartment buildings refers to the income that is lost due to units being unoccupied or vacant. It’s a critical factor for property owners and managers to consider when evaluating the financial performance of their rental property. Calculating vacancy loss involves determining the potential rental income that could have […]
“Loss to Lease” is a term used in the context of multifamily real estate, particularly in property management and investment analysis. It refers to the difference between the potential rental income that a property could generate and the actual rental income it currently receives. In other words, it’s the amount of income that a property […]
Understanding how to calculate capital gains when selling a rental property is essential for effective financial planning. The initial step in this computation involves subtracting the property’s adjusted basis at the sale time from the total sales price, including incurred expenses like legal fees and commissions. This calculation yields the capital gain from the sale. […]
Improving the resident experience in apartment complexes is essential for attracting and retaining tenants, fostering a sense of community, and maintaining a positive reputation. Happy residents are more likely to renew their leases and recommend the property to others. Here are some effective strategies to enhance the resident experience: Responsive Property Management Ensure a responsive […]
The Gross Rent Multiplier (GRM) is another important financial metric used in real estate, including multifamily properties.
As a multifamily real estate investor, it’s essential to comprehend various financial metrics that can help you make informed decisions about your investments. Two key metrics, Internal Rate of Return (IRR) and Average Annual Return (AAR), play crucial roles in evaluating the profitability and performance of investment opportunities. In this article, we will explore the […]
Rules of thumb can be defined as a guideline that provides simplified advice regarding a particular subject. It’s important for beginner investors to learn…
A syndication is simply a partnership between a group of investors pooling their resources into a…
By Joel Heck One of the most important responsibilities for a sponsor in a syndication is protecting their investors’ capital. The business plan for a syndication may last 2, 5, or 10 years, but eventually the limited partners in the deal will want their money back. If you’re a limited partner in a deal, it’s important […]
Leverage The Power of Compounding To Scale-Up Your Apartment Portfolio We bought our first 25-unit property for around US$600,000, in 2013. In 3 years, we made
By Jake Stenziano We recently sold a property in Louisville, KY. This is rare for us since we like to hold our assets for
The following is adapted from Creative Cash by Bill Ham. Know the way out… before you get in! This is a key strategy with creative and…
We have all been told that goal setting is one of the keys to leading a successful and fulfilling life. Unfortunately, only approximately 5%…
Fifteen Ways To Increase Revenue The way to increase the value of a multifamily property is to either increase the income or decrease the…
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…
When Jake and I bought our first apartment, our investing strategy was solely focused on buy and hold forever. We were still new investors…
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…
The majority of investors are hard wired to focus on the short-term benefits and returns of an investment, while not appreciating or understanding the…
When Jake & I decided to join forces and create the Jake & Gino community back in 2014, I was still working at my…
In this article, we will identify the top five risks associated with not utilizing a mentor or education platform. We have learned through our…
With the COVID-19 pandemic impacting every facet of our livelihood, here at Rand Partners we felt it was important to take a step back…
When I look back at the outbreak of the corona virus pandemic, I see a few similarities to a hurricane that is preparing to…
When I first started investing in real estate back in 2015, I went the single family house route. I saved up the down payment,…
How To Renovate An Apartment To Maximize Your Return On Investment: Pictures & Audio Included! In December of 2017, we purchased a…
At Jake & Gino, we have created a proprietary three-step framework on how to invest in multifamily: Buy Right, Manage Right, & Finance Right.…
Customer service is often overlooked in the mom and pop business, and my restaurant in New York was no exception. If I had read…
64 Unit Case Study: “Twin Oaks” In this article, I have teamed up with Jake & Gino team member and laundry expert…
As investors and educators, Jake & I fall into the trap of thinking that we know what our member’s pain points are. The only…
Welcome to the ultimate podcaster’s roadmap on how to buy your first multifamily property. In this article, we have compiled podcasts, You Tube videos, and…
Rules of Thumb, Part 2. In our previous article, we focused on unit mix and the importance of choosing an apartment complex with the…
To manage or not to manage, that is one of the most difficult questions for a beginning investor to answer. On the one hand,…
Napoleon Hill, the author of Think And Grow Rich, created a framework of success that the reader could follow by establishing his thirteen steps…
There are countless reasons for individuals to begin investing in real estate. The most common reason that I hear from my students is they…
The art of raising rents is a difficult one to master for newbie investors. The fear of creating a vacancy or offending a tenant…
The way to increase the value of a multifamily property is to either increase the income or decrease the expenses, which will affect the…
In the previous article, Jake and I discussed incompetent team members and signing an exclusive with a broker. In this article, we are going…
Entrepreneurs will tell you that they learn more from their mistakes than their successes. My definition of an entrepreneur is a person who has…
In the previous article, we began to highlight mistakes that Jake and I committed as we embarked on our investment career. We obviously have…
In the first ARTICLE, I laid out the seven steps to achieving success in real estate. I expanded upon the first two steps, and…
Starting a new venture can be one of the most daunting tasks, especially an undertaking that involves money and risk. If you begin a…
And How You Can Avoid Them One of the major foundation principles that I learned while attending IPEC (Institute for Professional Excellence in Coaching)…
How Landlords Can Create a Win-Win for Tenants and Employees One of the best ways to retain quality tenants in your apartments is to…
The number one goal when investing in multifamily real estate and to explode your wealth is to increase the Net Operating Income (NOI). Let…
In the previous article, we discussed our strategy to improve a property, thus creating wealth and attracting and maintaining quality tenants. We strive to…
We have designed a framework at JakeandGino.com which entails three crucial steps: Buy right Manage right Finance right. To be a successful real estate…
Service Members In the first article, we discussed the importance of building a winning team to support your real estate business. We described and…
Jim Rohn famously said that we are the average of the five people we spend the most time with. Guess what? Your business is no different. If…
We hope you have enjoyed our previous articles on committing mistakes while investing in real estate. We want to conclude with two mistakes that…
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…
Now that you’ve purchased your property correctly, its time to reposition it for big bucks. Learn our three step framework on how to turn…
There are dozens of formulas that real estate investors use every day to analyze their deals, such as cash on cash return, or cap…
In the previous article, we introduced the seven steps to goal setting. We discussed the first three steps: Decide what your goals / objectives…
I have attributed the transformation and growth in my life the past few years to attending and becoming a Certified Professional Coach. The education…
Rules of Thumb #8 Analyzing Vacancy Loss and How to Hold Real Estate In this article, we would like to discuss what type of…
