Multifamily Deal Analyisis Dos and Don'ts - How To with Gino Barbaro

Welcome to Jake and Gino's channel! In this video, Gino Barbaro, co-founder of Jake and Gino, dives deep into the intricacies of analyzing multifamily properties. Whether you're a seasoned investor or just starting, understanding the do's and don'ts of property analysis is crucial for success.

Key Topics Covered:

1. Government Involvement

• Rent Control Efficiency: I share my perspective on why rent control might not work as intended due to government intervention.
• Corporate Transparency Act: Insights into how the act, passed in 2021, affected 33 million LLCs and the ongoing issues with its implementation.

2. Stipulations of Biden's Rent Control Proposal

• Applicability: It affects properties with 50+ units, raising questions about its impact on smaller entities.
• Exemption for New Construction: I discuss the importance of not penalizing new construction to address the affordable housing crisis.
• Penalties for Non-Compliance: Uncertainty around penalties and tax incentives for non-compliance.

3. Real-world Implications

• Inflation and Rent Caps: Challenges with capping rent increases in the face of rising costs for insurance, labor, and utilities.
• Deferred Maintenance: How rent control could lead to deferred property maintenance and its consequences.
• Supply and Demand: The need for increased housing supply to naturally balance the market without government-imposed price caps.

4. Economic Realities

• Rent vs. Ownership Costs: National averages showing renting is cheaper than owning, highlighting the need for market-driven solutions.
• Examples from Major Cities: Analysis of cities with rent control and their ongoing supply issues.

Conclusion

We need more supply in the housing market and fewer restrictions on pricing. Let’s focus on creating more affordable housing through public-private partnerships and incentivizing builders.

I want to hear from you! Please share your thoughts in the comments below or email me. Let's have an open dialogue to find the best solutions for affordable housing.

Subscribe to our channel for more insightful discussions on real estate and financial intelligence. See you next week!

Gino Barbaro Co-founder of Jake and Gino

Connect with me:

• Email: gino@jakeandgino.com#RentControl #AffordableHousing #RealEstate #JakeAndGino #BidenProposal

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/