Jake and Gino Real Estate Entrepreneurs

Mike Taravella Interviews Brandon Abbott of PassiveInvesting.com. Key Information: Consider what a tenant is willing to pay for before moving forward with full renovations. What you think is a good renovation, and what your tenants are willing to pay for are not always the same thing.  If your property management team is not hitting the mark, it is ultimately your fault as an owner. There is always something you can do as an owner to ensure things are being done. When delegating tasks to your team members, be clear about communicating what the end goal is. Clarify not only what needs to be done, but why it needs to be done so that your team can be proactive in achieving that goal. Value-add doesn’t just translate into renovations, it can also mean cutting excess spending by running the property more efficiently and effectively. Hiring good employees may cost more money in the short term, however, it will increase revenue in the long term. Good employees provide a better service to the residents and drastically increase the operations of the property. Property Reviews are very helpful for pinpointing how a property can improve its operations to better appeal to its future residents. Expert Pro Tip: “Take Action” Contact Information: Brandon@passiveinvesting.com passiveinvesting.com Rehab Wallet - Hard Money Lending     To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre 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.

Julia Barbaro & Gino Barbaro discuss the six stages of energy and why you need to understand how they impact your daily life. Every action that you take throughout the day corresponds to one of the six stages, and being conscious and aware of how you react to the situation will allow you to take control and act in an empowering fashion. The six stages are as follows:   Victim Anger Responsibility Concern Reconciliation Non Judgmental   The first two stages are referred to as catabolic, a low, negative draining energy. When a person is in this type of energy, it is difficult to find solutions, and the focus is purely on the self. It is important to understand that you are acting in this manner, and the focus should be how to raise your level of energy and try to “get into” the next stages.   The remaining four stages are considered anabolic energy, positive, uplifting, and energizing. This is where we begin to take positive action, begin to view problems as opportunities and start to look for and create solutions in our lives.   The key is to realize where you are resonating throughout the day. If you are acting like a victim, chances are you won’t pick up the phone and make that important phone call. You will just make an excuse. It is also important to understand that you have the power to decide at what stage you want to live in. Each stage is neither good nor bad. Sometimes you need to act like a victim, especially when you lose a sale or an important relationship has ended. The key is to realize that you are acting this way, and can change whenever you are ready.   Please reach out to Julia at Juliabarbaro@gmail.com with any questions or comments. 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.

Carmine Gallo is a popular keynote speaker, a best-selling author whose books have been translated into over 40 languages, a communication advisor to the world's most admired brands, and a graduate school instructor at Harvard University. Carmine is a columnist for HBR.com, Inc.com, and a senior contributor at Forbes.com. Carmine’s nine books have been endorsed by top leaders, billionaires and CEOs who have used his ideas to transform their business. His bestselling books include: The Presentation Secrets of Steve Jobs, Talk Like TED, The Storyteller’s Secret, and Five Stars. As a CEO advisor, Carmine has worked directly with leaders at brands such as: Amazon Web Services, LinkedIn, Walmart, Coca-Cola, Chevron, McKinsey, Intel, Accenture and many other notable firms.    He speaks with us about communication, inspiration and the croc brain.   www.carminegallo.com The Rundown Early Journalism Career Business News Communication Economists Presenting Ideas Entrepreneurship Writing Inspiration Steve Jobs Passion Narrative Presentations Technique What Makes Your Heart Sing? Good Problems Find Your Why College Plans Primitive Brain Creating Dividends Story Structure Backstory Time TED Talks Nuggets 18 Minutes Slides Cheat Sheets Simplification Book Recommendations Nerves   Check out our Upcoming Live Events!   Subscribe to our Youtube Channel for lots of great content!   Buy our new book The Honey Bee! Audio Book Available Now! 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.

Will Coleman and Mike Taravella Interview award winning multifamily syndicator Bruce Petersen. Key Information: Despite low cap rates, investors still need a place to put their money. The low cash on cash returns in muti-family are still better than letting cash sit in the bank with low interest rates. Success in real estate is all about taking action. You can’t hesitate, you must be keep moving forward, taking daily strides. Stress test your property in your underwriting. Assume no rent increases in year 1 Underwrite 70-75% break-even occupancy Increase your exit cap rate by 15-20 basis points every year of the hold Account for the possibility of reserves    Reserve Strategies:1) Look to delay capex during the first six to nine months in order to use the reserves once returned 2) Evaluate the possibility of return of capital following the end of the reserve period Floating vs Fixed Rates: Avoid floating rate terms for real estate financing. Due to its unpredictability, it adds a lot of risk to each investor on the deal.  Its not the strongest companies that survive in business, its the most adaptable. Create a company change is operations and adjust based on the circumstances. Expert Pro Tip: “Be honest with you are” Contact Information: Bruce Petersen - LinkedIn apt-guy.com/getthebook     To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre 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.

Topics Covered Include: How education inspires confidence which leads to results The power of self analysis and filling your weaknesses How Clayton at the age of 24 was able to break into the Multifamily space   Peter’s Bio:   Clayton Hepler is a real estate investor who pursued academia for the majority of his life without achieving the fulfillment he expected. He realized the grind is guaranteed, but wealth is not – so you might as well grind for something that fulfills you.   At this realization, he parted ways with his academic and athletic career at Middlebury college and jumped fulltime into an entrepreneurial venture with his family – a gourmet toffee company. From there.with a newfound appreciation for wealth building and an entrepreneurial spark in his spirit, Clay turned his attention to investing – more specifically, real estate investing. And after weighing his options with the many avenues of the real estate industry, he accepted a Director of Acquisitions position with Pittsburgh’s Bevan Properties – a private equity firm just outside the city.   Clay’s goal is to grow his wealth and help others grow their wealth too, without Wall Street. Moving forward he and his partner, Cara, strive to contribute to the Pittsburgh community by investing in (and improving) it’s historic properties. 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.

Ari Rastegar is known for both his specialized expertise in real estate and his contrarian investment strategies, and is considered a leader of the next generation of real estate managers. After graduating from Texas A&M, Ari went on to receive his Juris Doctorate degree from St. Mary’s University Law School, and became licensed to practice law in Texas in May 2009. Ari founded his first real estate investment firm in 2006 while still in law school. Since then, he has built a portfolio network designed to reduce risk and provide strong quarterly cash flows, with an emphasis on asset classes such as self-storage, multi-family, office, retail, and industrial. He’s been recognized for his specialties in recession-resilient strategies and commercial real estate investments. Ari has maintained his commitment to a purposeful life that drives Rastegar Property Company to “do good by doing well,” and is a longtime supporter of charitable organizations like Save the Children and Big Brothers Big Sisters. He speaks with us about Austin, the coming recession and plant walls.   www.rastegarproperty.com   The Rundown Law School Contracts Documents Car Sales Student Loans Wives Risk Assessment Wall Street Private Equity No Regrets Flipping Burgers and Houses Learning From Failure HNWI Ego Building Learning Multifamily Austin, TX The Kyle Project Don’t Lose Money Texas Advantages 2nd Amendment Florida Risk COVID-19 East Coast Migration Cost of Living Golden Triangle Tertiary Markets Recession/Depression Underwriting Trends Habits For Success Diet Age Management Getting Started Partnership Book Recommendations   Check out our Upcoming Live Events!   Subscribe to our Youtube Channel for lots of great content!   Buy our new book The Honey Bee! Audio Book Available Now!   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.

Will Coleman and Mike Taravella Interview Chad King of Titan Capital Group. Key Information: Many people are shifting to invest in multi-family as fear grows around the probability of rising inflation and low interest rates for the coming years. There are deals in every phase of the market cycle. What changes is 1.) how you find them and 2.) how you adjust your underwriting and pro forma assumptions. Off Market Campaigns: It takes on average four to five contact attempts with owners before you receive any response. Be persistent and you will eventually come in contact with interested sellers. Sales Tips: 1.Tactical Empathy- Put yourself in the other person’s shoes in order to understand what they want to achieve and what is causing their concerns. Take Control- A good sales person is talking 10-20% of the time while the person being sold to is talking 80-90% of the time. Taking control of the conversation means letting the other person discuss what they want and what needs to be done to help them get it. Ask the Right Questions- Address the other person’s concerns directly. Ask them what their biggest reservations are, and what you can be done to remedy them.     Expert Pro Tip: “Find a good deal and the rest will come” Contact Information: Chad King - Facebook mrchadking - Instagram   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre 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. In this week’s show, Julia and Gino interview Aaron & McKayla Hale, two Jake & Gino community members. They have an incredible story to share. After serving 14 years in both the Navy as a chef to the Commander of the US 6th Fleet and then transitioning on to becoming an Army team leader in one of the military’s most dangerous jobs, Explosive Ordnance Disposal (EOD), Staff Sergeant Aaron Hale was blinded by an IED. Not letting his injuries hold him back, Aaron became an EOD instructor, motivational speaker, mountain climber, white water kayaker, and marathon runner.   Four years later tragedy struck again when Aaron contracted bacterial meningitis which robbed him of his hearing leaving him not just 100% blind but completely deaf as well. Again, Aaron picked himself up, dusted off, and continued to chase the best of what life has to offer. Today, he’s back speaking and sharing his story, running marathons, he’s a proud husband and father of a eight year old son and the recent addition of identical twins, runs a thriving chocolate company with his wife, and recently completed his first 100 mile ultra marathon   McKayla has known Aaron since childhood since their mothers were themselves childhood friends.   Formerly a student at Berkeley, McKayla first garnered team building, communication, and sales skills from her managerial position at Lulu Lemon before starting her adventure with Aaron.   Today, McKayla is a full-time mother to a 9yr old and 15mo identical twin boys, on the local charter school board, a community volunteer organizer, ice President of their chocolate company, and partner in their REI business. ...not to mention, patient wife and caregiver to her bombastic disabled veteran husband!   Their relationship is an example to all of us on how we should help each other out and support each other.  One thing that stood out to me on the show was when Aaron said that it was an ethical imperative for him to turn a problem into an opportunity and to be the role model for others out there.   The Jake & Gino community is blessed to have the Hale family and to share their story!   You can visit their company at EOD Fudge 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.

John Ruhlin is the world’s leading authority in maximizing customer loyalty through radical generosity. He is the founder and author of Giftology and has been featured in Fox News, Forbes, Fast Company, Inc and New York Times. While becoming the #1 performer out of 1.5 million sales reps for one of the world’s most recognizable brands, John developed a system of using generosity to gain access to elite clients and generate thousands of referrals. He and his firm now help automate this process for individuals and organizations like UBS, Raymond James, DR Horton, Keller Williams, the Chicago Cubs, and Caesar’s Palace. John and the Giftology team can help any individual turn their clients into their own personal sales force to drive exponential growth.    He speaks with us about gifting, company culture and shirt sizes.   www.giftologysystem.com   The Rundown Building Rapport Bios & Book Covers COVID-19 Relationships Gifting Tchotchkes Closers Club Hand Written Notes Memorability The Deal Pen The Power of Giving Brooks Brothers Speaking Engagements Active Loyalty Mistakes Relationship Plan ReInvestment Brokers Core Values Start Internal First Building Culture Habits For Success Fitness Scaling Up Customer Service Joey Coleman Book Recommendations Upcoming Projects Ginos Recap   Check out our Upcoming Live Events!   Subscribe to our Youtube Channel for lots of great content!   Buy our new book The Honey Bee! Audio Book Available Now! 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.

Will Coleman and Mike Taravella Interview Rob Beardsley of Lone Star Capital Group Key Information: Preferred Equity is a hybrid product which is subordinate to the senior loan but has payment priority over common equity positions. Benefits of Preferred Equity include: Sponsors and developers are provided with a higher degree of leverage at lower cost than common equity. For real estate investors it also provides opportunity to capture a fixed rate of return prior to payment and can sometimes include upside. Preferred Equity offers a hybrid risk/return profile. In addition to payment priority over common equity, it provides some recourse provisions in the case of borrower default.  Recourse provisions can include force of sale of the property and even take over of the property when certain triggers are hit. Investors can be attracted to the preferred equity dues to its predictable annual returns and regular distributions of debt investments.    Expert Pro Tip: “Evaluate deals on a risk adjusted basis” Contact Information: Rob@lonestarcapgroup.com lonestarcapgroup.com Robbeardsley.me/books       To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre 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.