On this episode, Jake and Gino talk about the investment criteria for a multifamily entrepreneur. Finding out the right deal straightaway is not the way out to get into multifamily business and be successful, you need to get your fundamentals right. Setting up goals, determining right exit strategy, knowing median income of your market- are just a few of the keys things. Alongside, keep check that you are not spreading yourself too thin by focusing everywhere.
Quick tip: Read ‘Wheelbarrow Profits’. In this book, Jake & Gino outline their 3-Step Trademarked Framework, Buy Right, Finance Right & Manage Right: https://blue.genetechz.com/jake-and-gino_old_site/wheelbarrow-profits-book/
00:00 Introduction
01:56 Find out what’s good for you
03:59 What’s the median income of your market
07:00 Don’t get too spread-out
07:56 Wrap up
Check out the “Wheelbarrow Profits” book on our website: https://jakeandgino.com/jake-and-gino_old_site/wheelbarrow-profits-book/
Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $225,000,000 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.
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