Jake & Gino: Real Estate Investing & Multifamily

Dylan Marma interviews Chris Grenzig who is the Asset Manager for Toro Real Estate Partners.  Stick to your underwriting and your numbers and deals will follow  Scale responsibility, don’t feel you have to jump to large units Builds confidence with investors, brokers, and the rest of the team Chris started with an 8 unit property and is now looking at 300+ unit deals Partnerships allow you to earn and accelerate the learning curve Have one clear focus  Make sure the deal is the correct fit based on your investing criteria “Pain + Reflection = Progress” - Ray Dalio When a deal is underperforming be transparent and honest Continue “Trial & Error” to find the niche that you love about real estate Don’t dwell because it inhibits your growth going forward Find a way to give back to the community because it provides a bigger why and impact on your day-to-day life “Teaching is the highest form of learning” Dylan Marma Always continue to learn and ask questions Vetting Property Managers What is their track record? Are they in the same market you are investing in? Make sure property managers understand the business plan How flexible is the management team? Asking investors referrals for property managers Expert Tip: Weigh the downside of a property    Contact Information: Instagram: @Chris.Grenzig Chris@tororep.com   Invest with Rand Partners  Follow Us on Linkedin @Randpartners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners 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.

Welcome to the Movers and Shakers podcast. This weeks guest is Kyle Grimm. He is a 25 year old real estate investor and broker who got started his senior year of high school. Kyle bought a small single family house that he rehabbed and rented to his first tenant. After collecting the first rent check, he was hooked on the idea of investing, and continued to buy, fix, and rent out residential real estate. Kyle’s portfolio consists of single family, small multi family, and mobile home parks. After a lot of bumps and bruises, Kyle has realized the power of large multi family and the economies of scale. He is now shifting his focus from being a lone-wolf investing in small properties, to taking down large multi family deals as a team sport. 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.

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.    Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    This week Julia and Gino reflect of the Multifamily Mastery 3. They discuss what they took away from the weekend end. The talk about how to get your spouse engaged in your work, how to become leaders and more.   If you have any questions or comments please email us at juliabarbaro@gmail.com 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.

Chris Porter is the Chief Demographer at John Burns Real Estate Consulting, which provides independent research and consulting services related to the US housing industry. Along with John Burns, Chris co-authored the book Big Shifts Ahead: Demographic Clarity for Businesses to help make demographic trends easier for executives to understand, quantify and anticipate. The book, which was a #1 best seller in several categories on Amazon, offers new frameworks executives can use to view big demographic shifts and to adjust their strategies when needed. In his role as Chief Demographer, Chris leads a research team aimed at helping executives make more informed decisions about the future of real estate on both the single-family and multifamily sides of the business. Chris is based in Orange County, California, where he lives with his wife and three young daughters. He speaks with us about the rental market, recession trends and the 456 rule. bigshiftsahead.com The Rundown Journalism Chicago Publishing Consulting Demographics Millennials Analyzing Data Informed Predictions Surprising Results Generations Recessions Telling A Story Research Personalization Family Formation Decades Boomers Immigrants Savers Achievers Innovators Equalers Balancers Sharers Connectors The 456 Rule Government Policy Economic Conditions Technology Societal Shifts Tax Codes Education Investment Driverless Car Rental Rates Rental Trends Property Management Economy Of Scale Surban Communities Habits for Success Missed Opportunity Book Recommendations Upcoming Speeches Subscribe to our Youtube Channel for lots of great content! Get tickets to our next Multifamily Mastery Event in Orlando! 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.

Dylan Marma and Mike Taravella interview Rand Capital’s Nick Chapman to discuss the financing cash flow levers to maximize cash flow with agency debt. Interest Only Allows for more velocity on your capital to hit IRR targets and preferred returns You leverage the interest-only period to reinvest into the property in the form of capital expenditures (Capex) Case Study Loan: $3M Loan Interest Rate: 4.25% Cash Flow Savings of $50,000   Longer Amortization Period Longer amortizations allow for more favorable Debt Coverage Ratios Case Study Loan: $3M Loan Interest Rate: 4.25% Amortization: 30 years Cash Flow Savings of $18,000 Higher Leverage Share the upside with investors by having your lender take on the risk Investors can still have capital to invest in other deals “Let your lender be your biggest partner” - Nick Chapman\ Expert Tip of the Day: When refinancing out of bridge debt, if you are doing a rate and term refinance you can go up to 80%, if you are doing a cash out refinance you can go up to 75%.   Contact Information: Nick Chapman’s Email Rand Capital Website   Invest with Rand Partners  Follow Us on Linkedin @Randpartners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners 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.

Welcome to the Movers and Shakers podcast. This weeks guest is Jarrod Glandt. He is the President of Cardone Enterprises, Co-Host of Young Hustlers Podcast, and is an Investor of Cardone Capital & Hundy App. 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.

Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.  Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives.  The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.    This week Julia and Gino are joined by Gary Guidi. Gary shares his story of where he is now and how he got there. If you have any questions please Julia at juliabarbaro@gmail.com 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.

Derek Gaunt is lecturer, author of Ego, Authority, Failure, and trainer with 29 years of law enforcement experience, 20 of which as a team member, leader and then commander of hostage negotiations teams in the Washington, DC metropolitan area. He is a hostage negotiation and incident command subject matter expert who frequently speaks at hostage negotiations and SWAT conferences across the country. Derek’s passion for interpersonal communications began when he was selected as a detective in the Criminal Investigations Section of a municipal police agency. He spent the majority of his law enforcement career in the Criminal Investigations Section as a detective, supervisor and eventually commander of major crimes. In 1997, he took his passion for interpersonal communications to the next level, becoming a hostage negotiator. Once he became a supervisor, his passion transitioned from “doing” to teaching the concepts to others.     As a member of the Black Swan Group, he is a negotiation trainer and personal coach. Derek has trained throughout the US and around the world, instructing business organizations on how to apply hostage negotiations practices and principles to their world. Derek presents seminars and in-house training programs in a variety of environments. His presentations are engaging and filled with useful techniques for understanding human behavior and navigating difficult conversations. His training has helped leaders and their organizations increase their performance by changing the way they think about communicating one person to another.     He speaks with us about his first hostage negotiation, gathering information and being a compliance professional.   Blackswanltd.com   The Rundown Negotiation Law Enforcement Crack Cocaine Interrogation Hostage Negotiation Retirement from LE Sequencing Being Bullied Working Smart Not Hard Human Nature Skillset 3 Types of Negotiators Assertive Emotional Response Accommodator Analyst Comparison Analysis Skepticism Old vs New Win/Win Amygdala BATNA Compromise Ginseng Compliance Professionals Success Rate Arbiter You Never Forget Your First SWOMI Motivation Conversations Chess Instant Gratification Patience Negative Assumptions Asking Why? Favorite or Fool Delivery is Important Transition for Gov to Private Identity Book Recommendations Slowing It Down   Subscribe to our Youtube Channel for lots of great content!   Get tickets to our next Multifamily Mastery Event in Orlando! 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.

Dylan Marma and Mike Taravella interview Steven McAdoo,Associate Director of Multifamily Investment Sales at Prime Realty Commercial Real Estate, to discuss the Jacksonville market. Steven moved back to his hometown of Jacksonville because he saw the progress in “snapshots” over the past 8 years Jacksonville is a hot market because: Lower cost of living  Warm weather year round  No State income Taxes Low Property Taxes Landlord Friendly The path of progress in Jacksonville includes: Downtown Murray Hill Riverside Avondale Springfield Make sure you have boots on the ground when dealing with a new market Expert Pro Tip: Know your investing criteria before investing in a deal   Contact Information: Phone Number: (904) 574-7400 Email: smcadoo@primerealtyinc.com   Attend Multifamily Mastery 3 and use the discount code “RPFAM” for 20% off!   Invest with Rand Partners  Follow Us on Linkedin @Randpartners Follow Us on Instagram @Randpartners Follow Us on Facebook @Randpartners 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.

Welcome to the Movers and Shakers podcast. This weeks guest is Mark Langdon. Mr. Langdon from Whippany, NJ has been investing in residential real estate since 1991. Mark continues to work full time as a Project Manager/Chemical Engineer performing project execution of engineering, procurement, and construction projects in the pharmaceutical, chemical, and food industries and is licensed as a Professional Engineer. He has a separate (Fix & Flip) real estate investment firm: Langdon Properties LLC focused on buying distressed properties; renovating the properties and then reselling them.    Completed 12 Fix & Flips and Found out that Fix & Flips are the same as a W-2 Job.   Rentals Prior to October 2018 - (10) units total: (SFH & 1-4 units) self-managed over the last 27 years. Started last year October 2018 doing Multi-Families: - 21 unit in Greensboro, NC (JV with 1 partner) - 18 unit in Alabama (100% owned) - 32 unit in Hickory, NC (JV with 2 partners) - 48 unit in Louisville, KY (100% owned) - 107 unit in Louisville, KY (Acting as GP/KP Loan Guarantor) - 62 units in Morgantown, WV (JV with 2 partners) - 210 units in Birmingham, AL (JV with 3 partners closing early Oct)   Looking to transform into doing syndications moving forward. Mark and his wife have high net worth from real estate holdings, mutual funds and stock portfolio which allows him access to $ 2.0 MM various credit lines including raising private money to finance his deals.   Mark is also married to a mortgage professional (Susan) with 30 years’ experience and she must approve all real estate deals before closing.   Together Mark and his wife bring strong W-2 income; High net worth, excellent credit (800+), multiple income streams with the required real estate and property management knowledge to be able to execute, manage, and close real estate deals. 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.