Jake and Gino Real Estate Entrepreneurs Bankruptcy to Real Estate Success with Nate Barger
Key Takeaways
- Ask sponsors what is your worst case
- Going in cap rate doesn’t matter as much on true value add deals
- Nate evolved from multifamily to hotels due to more earning potential (24-hour leases)
- Nate is currently raising $50M in funds for a hotels
Finding deals by finding distressed hotel loans that are on 95 cents on the dollar
When funding distressed hotels you need to raise funds for the back payments and PIP (Property Improvement Program)
Focus on Primary & Secondary markets and understand your competitive set
Investor Pro Tip: Understand and align your goals with the sponsor goals
Reach out to Nate by joining the BRRRR Invest Facebook Group
We're here to help create real estate entrepreneurs...
About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M 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 here --> https://jakeandgino.com.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.