In this episode of the Jake and Gino Podcast, hosts Jake Stenziano and Gino Barbaro are joined by Dan Handford, founder and managing partner of PassiveInvesting.com. With over $1.5 billion in assets, Dan brings a wealth of knowledge on multifamily investing, asset management, and scaling businesses.
Key Discussion Points:
- Introduction and Background
- Meet Dan Handford: Founder of PassiveInvesting.com and author of "The Ultimate Guide to Apartment Syndication".
- How Dan acquired the domain PassiveInvesting.com and the strategic value of premium domains.
- Investment Strategies and Market Insights
- Dan’s perspective on the multifamily market from 2019 to the present.
- The strategic shift to B+ and A class suburban assets.
- The importance of economic occupancy and quality tenant bases.
- Personal Journey and Business Philosophy
- Dan’s transition from running five debt-free medical clinics to entering the multifamily real estate sector.
- The significance of networking, mentorship, and continuous learning in scaling a business.
- Advice for High-Income Earners
- Strategies for doctors and high-income professionals to enter the multifamily market.
- The benefits of passive investing and leveraging real estate professional status for tax advantages.
- Challenges and Lessons Learned
- Key challenges Dan faced, from hiring the right team to managing large-scale operations.
- The importance of hiring quality staff and delegating effectively to scale a business.
- Future Outlook and Market Conditions
- Navigating current market challenges, including interest rate hikes and insurance costs.
- Dan’s outlook on the multifamily market and strategies for refinancing and managing debt.
- Educational Resources and Final Thoughts
- Insights from Dan’s book, "The Ultimate Guide to Apartment Syndication".
- Final thoughts on the importance of treating multifamily investing as a business and continuously seeking growth opportunities.
Connect with Dan Handford:
Subscribe & Follow:
Sponsors:
- Learn more about our sponsors
Tags: Multifamily Investing, Real Estate, Passive Income, Business Growth, Networking, Mentorship
Don't miss this insightful episode with Dan Handford as he shares his journey, strategies, and the keys to success in the multifamily real estate market. Subscribe now and join us for more episodes packed with valuable insights and expert advice!
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/
Jake and Gino Multifamily Investing Entrepreneurs