On this episode Jake and Gino are discussing about the deals closing in the first quarter of the year and the strategies they engaged to buy them. They dive deep into what are they buying and why.
The strategies lie around what kind of assets should be preferred and how to take the exit. Before you close the deal it is imperative to know your budget, cost to be incurred and the value of the asset before and after the renovation. It is important to consider how old is the asset to know the tentative expenditure. All these factors define the buy-right criteria.
Major benefits can be realized in real estate when you buy in decades by figuring out markets along with the strategies of buying right, financing right and managing right.
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Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $175,000,000 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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