Oct 1, 2019
Today is the day. If you’re a business owner, you shouldn’t be washing the dishes. Take a chance to add doors in the multifamily space.
I’m talking to Jake Stenziano and Gino Barbaro, a.k.a. the pizza guy and drug representative, who came together to create a multifamily real estate investment business that continues to grow and generate cash flow. Welcome to the show, Jake and Gino!
Topics on Today’s Episode:
- 3-Leg Framework: Buy, Manage, and Finance
- Proof of Concept: Know what you’re doing, buy the right stuff, avoid bad deals
- Ask for Help: It takes time to make money; success doesn’t happen overnight
- Key Strategy: Stay away from shiny object syndrome, and commit to remaining focused
- 3 Whys of Multifamily:
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- Why we get into multifamily? Control
- Why we win? Commitment
- Why we continue with multifamily? Create communities
- Financial Freedom: It’s not all about you, but educating and helping others
- Future of Multifamily Deals: Start small and progress to $10 million or above
- Blue Ocean Strategy: Create communities on property management side via phenomenal customer service, reasonable rates, and treat people right
Links and Resources Mentioned:
- Jake and Gino
- Jake and Gino’s Multifamily Mastery Live (Promo Code: Love Book for 25% off)
- Jake and Gino’s Podcasts
- LoopNet
- Fannie Mae
- Freddie Mac
- CMBS
- Edward Jones
- Bigger Pockets
- Chick-fil-a
- Physician Payments Sunshine Act
- Kahuna Investments
- Multifamily Legacy Podcast on YouTube
- Multifamily Legacy Podcast on Facebook
Quotes:
“It’s an absolute five-year incubator to get into the money. Once you get there, it just starts to kind of snowball.” Corey Peterson
“Being super resourceful and not being ashamed to ask for help and be willing to give up some of the profits to do it.” Corey Peterson
“If you’re not creative, and you’re not thinking outside of the box, when you first think you’re an expert, game over, because there’s so much to learn.” Gino Barbaro
“Education times action equals your results.” Jake Stenziano
Don’t forget to download my Free Workshop Quickstart Video Series, and if you like what you have heard please leave a review on iTunes.
Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family.