Jake & Gino: Real Estate Investing & Multifamily

Latest Episodes:

How To Perform Rental Comps in Multifamily | How To Multifamily Real Estate with Gino Barbaro Aug 07, 2024

Show notes

Welcome to the Jake and Gino Podcast! In this video, co-founder Gino Barbaro dives deep into the crucial topic of rental comps. Whether you're a seasoned investor or just starting out, understanding rental comps is essential for making informed decisions in the real estate market. Can you really raise rents as brokers often claim? Let's find out!

Key Topics Discussed:

Age of the Property: Learn why comparing properties within a 10-year range is crucial.
Size of the Property: Discover the importance of size comparability and how a 20% variance makes a difference.
Amenities: Understand how amenities like central air, pools, and washer/dryer hookups impact rental value.
Location: Get insights on how market density and median income influence property comparisons.
Unit Mix and Size: Learn why matching unit types and sizes is vital for accurate rental comps.

Why Rental Comps Matter:

Net Operating Income (NOI): Proper rental comp analysis helps in driving the NOI and increasing rents justly.
Risk Mitigation: Reduces investment risk by providing a realistic view of the market.
Investor Insight: Essential for both active and passive investors to understand potential rental growth.

Additional Resources:

Join the Jake and Gino Community: Call us at 865-800-3905 to learn more.
Free Book Offer: Email gino@jakeandgino.com for a PDF copy of "Wheelbarrow Profits."
Passive Investor Pro: Learn how to underwrite deals like a pro.

If you have any questions or comments, leave them down below. Don't forget to subscribe, like, and share this video if you found it helpful. Your support helps us create more valuable content.

Thank you for watching, and see you in the next episode!

Website: Jake and Gino
Email: gino@jakeandgino.com
Phone: 865-800-3905

Subscribe to Our Channel for More Tips on Real Estate Investing!

#RentalComps #RealEstateInvesting #PropertyManagement #JakeAndGino #InvestingTips #RentalAnalysis #PassiveIncome

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. Connect with Jake & Gino here --> https://jakeandgino.com.

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LP Success Blueprint Real Estate Investing Tips from Aleksey Chernobelskiy The Jake and Gino Podcas Aug 05, 2024

Show notes

Welcome to another enlightening episode of the Jake and Gino Podcast! In this episode, your hosts, Jake Stenziano and Gino Barbaro, are joined by the investment expert Aleksey Chernobelskiy. Aleksey brings a wealth of knowledge, having managed Store Capital's $10 billion real estate portfolio and currently advising over 3,000 investors through his weekly newsletter.

What to Expect:

🎧 Aleksey's unique journey into real estate and his experience managing a massive portfolio.
🏢 Insights into the characteristics of successful commercial real estate deals.
📉 The journey and pitfalls of Limited Partners (LPs) in recent years.
💡 Strategies for LPs to avoid common investment mistakes.
🔍 How to vet General Partners (GPs) and understand the importance of trust and verification.
📊 The significance of market cycles and how LPs can protect their investments.
🏢 The benefits and challenges of vertical integration in property management.

Whether you're a seasoned investor or just starting out, this episode is packed with valuable insights to help you navigate the complex world of real estate investing.

Connect with Aleksey Chernobelskiy:

Subscribe to Aleksey's newsletter: lplessons.co
LinkedIn: Aleksey Chernobelskiy
Twitter (X): @alekseychernobelskiy

Books and Resources Mentioned:

The Psychology of Money by Morgan Housel
Founders Podcast by David Senra

Timestamps:

0:00 Intro
1:15 Aleksey’s Background and Journey into Real Estate
3:29 Understanding Real Estate Market Efficiency
6:07 The Journey and Challenges of Limited Partners (LPs)
8:27 Importance of Personal Responsibility in Investments
10:31 The Risks of Chasing Euphoria in Real Estate
24:11 Jake and Gino's Passive Investor Program
34:25 The Value of Vertical Integration in Property Management
43:41 Who Should Be an LP Investor?
47:13 Best Ways to Connect with Aleksey Chernobelskiy
48:09 Gino wraps it up

Join the Conversation: We love hearing from our community! Drop your questions, comments, and thoughts below. Don't forget to like, subscribe, and hit the notification bell for more insightful episodes.

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Multifamily Deal Analyisis Dos and Don'ts - How To with Gino Barbaro Jul 31, 2024

Show notes

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 real estate entrepreneurs...

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Unlocking the Secrets of Hospitality: From Multifamily to Resorts with Josh McCallen Jul 31, 2024

Show notes

Welcome to the Movers and Shakers Podcast! In this episode, Gino Barbero, co-founder of Jake and Gino, sits down with Josh McCallen, CEO and President of Viva May Hospitality. Josh’s journey from a challenging childhood to leading a hospitality empire is nothing short of inspiring. Discover how Josh and his team manage to welcome and serve over 325,000 guests annually across their luxurious properties.

Key Highlights:

Josh’s Background: Learn about Josh’s early life, including the hardships that shaped his work ethic and passion for hospitality.
Viva May Hospitality: Understand the mission behind Viva May, which translates to "revive the soul," and how it influences their business operations.
Accountable Equity: Explore how Josh's company builds a community of accredited investors, providing unique opportunities and exceptional returns.
Hospitality and Multifamily Synergy: Gino and Josh discuss the parallels between managing multifamily properties and hospitality ventures, offering valuable insights for investors.
Buy Right, Finance Right, Manage Right: Dive into Josh's strategic approach to acquiring, financing, and managing large-scale hospitality properties.
Sales as a Sacred Practice: Hear Josh’s unique perspective on the importance of sales in creating value and sustaining their mission.

Timestamped Transcript:

00:00 - Intro
05:40 - The concept of hospitality in multifamily
08:47 - Defining hospitality and Josh’s path to his mission
15:29 - Josh’s buy-right strategy for hospitality properties
24:51 - Gino’s reflections on Josh’s buy-right strategy
28:43 - Creative financing strategies explained by Josh
34:38 - Manage-right strategies for hospitality
40:46 - Gino’s take on the importance of sales
42:12 - Tips on raising capital and building investor relationships
47:52 - Gino wraps it up

Connect with Josh McCallen:

Website: Accountable Equity
Podcast: Capital Hacking

Subscribe and Follow:

Don't miss out on future episodes of the Movers and Shakers Podcast! Subscribe now and join our community of passionate investors and entrepreneurs.

Like, comment, and share this video if you found it valuable. Your support helps us bring more insightful content to you. Thank you for watching!

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Market Cycles and Money Moves: Salvatore Buscemi’s Expert Insights | The Jake and Gino Podcast Jul 29, 2024

Show notes

Key Takeaways:

Salvatore's unique journey from potential doctor to investment expert.
The importance of networking and aligning with experienced GPs in real estate.
How to raise capital effectively and build meaningful relationships.
Salvatore’s insights into future economic trends and investment opportunities.
The critical role of attention and storytelling in the world of investments.

Connect with Salvatore:

Website: Calling the Capital
LinkedIn: Salvatore Buscemi

Recommended Resources:

Don’t forget to like, subscribe, and hit the notification bell for more insightful episodes with industry leaders. Drop your questions and thoughts in the comments below – we’d love to hear from you!

#RealEstate #InvestmentStrategies #FinancialFreedom #JakeAndGino #SalvatoreBuscemi #MarketTrends #CapitalRaising #Networking #EconomicInsights

We're here to help create real estate entrepreneurs...

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How will Biden's Rent Control Affect Multifamily - How To with Gino Barbaro Jul 23, 2024

Show notes

Hello and welcome. My name is Gino Barbaro, one of the co-founders of Jake and Gino. In this how-to video, I discuss Biden's proposal on rent control and its potential impact on multifamily properties. This is a critical issue, and I want to hear your thoughts! Leave your comments below or email me at gino@jakeandgino.com

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 real estate entrepreneurs...

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Designing Profits: How Vlad Ditched Pixels for Properties | Movers and Shakers with Gino Barbaro Jul 23, 2024

Show notes

In this inspiring episode of the Movers and Shakers podcast, Gino Barbaro delves into the transformative journey of multifamily investor Vlad Arakcheyev. Starting as a graphic designer and evolving into a real estate mogul, Vlad's path was radically altered by the unforeseen challenges and opportunities brought about by COVID-19.

His reluctant entry into the real estate realm, motivated by necessity and his wife Olga's encouragement, led him to remarkable success and a deep involvement with the Jake and Gino community. This episode explores the crucial moments that shifted Vlad's perspective from safety to ambition, highlighting the power of mentorship and community in achieving entrepreneurial success.

Catch the full episode to witness a true testament to resilience and change, and explore how unexpected life changes can lead to profound professional transformations. For more empowering stories and real estate insights, visit our website at [Jake and Gino](https://jakeandgino.com/) and subscribe to our [YouTube channel](https://youtube.com/@jakeandgino).

Episode Chapters:

- **[00:00]** Introduction and Vlad's Background
- **[01:30]** Transition from Graphic Design to Real Estate
- **[03:45]** Impact of COVID-19 on Career Decisions
- **[07:13]** Cultural Insights and Overcoming Fear
- **[11:15]** Networking and Community in Real Estate
- **[15:49]** Choosing Markets and Building Partnerships
- **[19:32]** Overcoming Limiting Beliefs
- **[23:43]** Strategies and Success in Kansas City Deal
- **[30:26]** Advice for New Investors

Featured Websites and Plugs:

- Vlad's company, Zontik Ventures
- Vlad's unique blend of passions on his YouTube channel: Wheels and Real Estate Deals

- #RealEstateInvesting
- #MultifamilyInvesting
- #Entrepreneurship
- #CareerChange
- #InvestorInspiration

We're here to help create real estate entrepreneurs...

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Mixing It Up: Chris Bizub’s Path from Bartending to Real Estate | Movers and Shakers Jul 23, 2024

Show notes

Welcome to another episode of the Movers and Shakers podcast, where we bring you inspiring stories from the world of real estate. In today's episode, Gino Barbaro, co-founder of Jake and Gino, sits down with Chris Bizub, a former bartender turned real estate professional, to discuss his incredible journey and success in the industry.

Highlights:

🔹 Introduction: Gino Barbera introduces Chris Bizub, a real estate wholesaling and fix-and-flip expert with 178 wholesale deals, 26 fix and flips, and a GP in 129 units.

🔹 Bartending Years: Chris shares his experiences from a decade of bartending across six states and why he decided to leave the bartending world.

🔹 Transition to Real Estate: Chris discusses the pivotal moments and inspirations, including a book by Dean Graziosi and a podcast with Russ Whitney, that led him to pursue a career in real estate.

🔹 People Skills and Work Ethic: How Chris's bartending experience honed his people skills and work ethic, which he effectively transitioned into his real estate career.

🔹 Getting Started in Wholesaling: Chris provides actionable advice for anyone looking to get into wholesaling, including the importance of education, implementation, and community support.

🔹 First Multifamily Deal: Chris recounts how he secured his first multifamily deal, the challenges he faced, and the invaluable support from the Jake and Gino community.

🔹 Advice for Newcomers: Chris offers practical advice for those stuck in their jobs and looking to break into real estate.

🔹 Future Goals: Chris shares his goals for the next three to five years, including his personal target of acquiring 100 doors a year and his shift towards developing manufactured homes.

🔹 Contact Information: Chris provides his contact details for anyone interested in discussing wholesaling, multifamily, or other real estate opportunities.

Connect with Chris Bizub:

📞 Phone: 716-566-8975
📸 Instagram: chris_bizub_investor
📧 Email: chris@coppgroup.com

Learn More About Jake and Gino:

🌐 Website: Jake and Gino
📚 Education: Explore our real estate courses and resources
👥 Community: Join our vibrant community of real estate professionals

We're here to help create real estate entrepreneurs...

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Brian Davis on Real Estate Investing: How to Achieve Financial Freedom | Spark Rental Success Story Jul 23, 2024

Show notes

Join co-founder Gino Barbaro as he dives into a fascinating conversation with Brian Davis, a seasoned real estate investor, personal finance writer, and co-founder of Spark Rental. With over two decades of experience in the industry, Brian shares his journey from stumbling into real estate to becoming a mentor for aspiring investors.

🔸 In This Episode:

00:00 - Intro

00:38 - How Brian Got Into Real Estate

02:42 - The 2008 Financial Crisis and Its Impact

05:08 - Why Brian Didn’t Quit Real Estate

08:07 - Expensive Lessons and Mistakes

13:22 - Active vs. Passive Real Estate Investing

16:28 - Writing About Personal Finance

20:47 - The Real Estate vs. Stock Market

24:11 - The Spark Behind Spark Rental

31:27 - Vetting Sponsors and Deal Risk

36:42 - The Future of Fractional Real Estate Investing

40:54 - The Long-Term Vision for Spark Rental

42:03 - How Can Listeners Reach Brian Davis?

42:55 - Gino Wraps It Up

📈 Key Takeaways:

Brian’s unexpected entry into real estate and the lessons he learned from the 2008 crash.
The importance of forecasting cash flow correctly and avoiding over-leveraging.
Insights into the passive real estate investing world and how Spark Rental facilitates it.
The benefits of fractional real estate investing and its growing popularity.
The meticulous process of vetting sponsors and understanding deal risks.

👥 About Our Guest: Brian Davis is a co-founder of Spark Rental, a platform designed to educate and empower real estate investors. He has a rich background in personal finance writing, contributing to notable platforms like BiggerPockets and REtipster.

💡 Connect with Brian Davis:

Website: sparkrental.com
Email: brian@sparkrental.com
Facebook: Spark Rental
LinkedIn: Brian Davis
Twitter: @sparkrental

🔔 Subscribe for more insightful interviews and real estate tips!

If you found this episode helpful, don't forget to give it a thumbs up 👍, share it with your friends, and subscribe to our channel for more content like this. Hit the bell icon 🔔 to get notified whenever we upload a new video!

Follow Us:

Facebook: Jake and Gino
Instagram: @jakeandgino
Twitter: @jakeandgino

#RealEstate #Investing #PersonalFinance #SparkRental #JakeAndGino #PassiveIncome #FinancialFreedom

We're here to help create real estate entrepreneurs...

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How To Create Multiple Streams of Revenue | How To with Gino Barbaro Jul 23, 2024

Show notes

Hello and welcome! In today's video, Gino Barbaro, co-founder of Jake and Gino, dives into the concept of creating multiple streams of income. Drawing insights from their book, The Honey Bee, Gino shares practical advice and real-life examples on how to build and diversify your revenue streams effectively.

Topics Covered:

Introduction to Multiple Streams of Income
- Overview and significance
- LinkedIn poll results on financial security
Defining Multiple Streams of Revenue
- Using The Honey Bee analogy
- Importance of complementary income streams
Real Estate Example
- Multifamily real estate as the main driver
- Creating property management, education, and syndication companies
Maximizing Income within Multifamily Properties
- Various income sources: laundry, cable contracts, fees, etc.
Applying the Concept to Different Businesses
- Gino’s personal experience with his restaurant
- Developing additional income streams: cookbooks, physical products, cooking classes, and catering
Broader Applications in Business
- Ideas for residential brokers, CPAs, insurance companies, etc.
- Building complementary income streams within your expertise
Case Study from The Honey Bee
- Noah’s journey from pharmaceutical rep to real estate investor
- Importance of expertise and complementary businesses
Specific Examples in Multifamily Real Estate
- Creating asset management, property management, CapEx companies
- Partnering with trades like plumbing, HVAC, electrical, etc.

Key Takeaways:

Multiple streams of income are crucial for financial security.
Focus on creating complementary income streams within your main business.
Look for opportunities within your existing expertise and resources.
Scale your business by adding new revenue streams gradually.

Get Your Copy of The Honey Bee: Email Gino at gino@jakeandgino.com to receive your copy of The Honey Bee.

Join the Jake and Gino Community: Learn more by calling 865-800-3905.

Thank you for watching! If you found this video helpful, please like, share, and subscribe. See you in the next How-To video!

We're here to help create real estate entrepreneurs...

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Jake & Gino: Real Estate Investing & Multifamily

Key Topics Discussed:

Why Rental Comps Matter:

Additional Resources:

Key Topics Covered:

1. Government Involvement

2. Stipulations of Biden's Rent Control Proposal

3. Real-world Implications

4. Economic Realities

Conclusion

Key Highlights:

Timestamped Transcript:

Connect with Josh McCallen:

Subscribe and Follow:

Key Topics Covered:

1. Government Involvement

2. Stipulations of Biden's Rent Control Proposal

3. Real-world Implications

4. Economic Realities

Conclusion

Highlights:

Connect with Chris Bizub:

Learn More About Jake and Gino:

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