Welcome to the Movers and Shakers podcast. Our guest this week is Francesco Guarino. He is currently a Managing Director of Operations for an NYC based alternative investment manager with over 15 years experience in the alternative asset management and FinTech industries.
Francesco got started in multifamily investing back in 2010 with the purchase of a “mom and pop” owned fourplex in Northern NJ. Over the next 7 years Francesco earned his MBA from Rutgers Business School while self-managing his first property.
Francesco “refi and rolled” into a second fourplex on the same block, purchasing it directly from the property owners in 2017. He recently acquired a third fourplex in the same neighborhood in an off-market deal from two retiring partners, bringing his portfolio to 12 doors. Francesco has been happily married for the past 11 years to his wife Mary Ann, a cosmetics manufacturing executive, and the pair are parents to their two daughters, Liviana and Sienna.
Francesco credits his father in-law Franco for urging him to acquire his first property and mentoring him throughout his multifamily investing career. Francesco is a first generation Italian American, and currently resides in Scotch Plains, NJ.