How to Get Rich in Real Estate
15:32
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@Net446
@Net446 Күн бұрын
How do I find multi family unit to bnb?
@JakeandGino
@JakeandGino Күн бұрын
search the MLS and reach out to brokers in the market. That's where I would start
@EriseldaBullard-l2m
@EriseldaBullard-l2m Күн бұрын
Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). How should I go about transferring them to Binance?
@Purple_editz124
@Purple_editz124 2 күн бұрын
I like you…. That’s was kinda gay
@Tonyyyybologni
@Tonyyyybologni 6 күн бұрын
Does this same method work if you’re looking for 5-15 unit deals, buying by yourself?
@JakeandGino
@JakeandGino 5 күн бұрын
Buy Right Manage Right sand Finance Right is used for any deal type, and I would say any asset type, and even if you're buying business. You have to have buy right criteria, get proper financing, and ultimately treat the asset like a business and manage it. You have to learn each pillar to become a profitable real estate investor. AS you can see currently, most multifamily investors did not finance right by using short term bridge debt, and poor manage right systems
@Tonyyyybologni
@Tonyyyybologni 5 күн бұрын
@ thank you!
@sumonchowdhury2432
@sumonchowdhury2432 6 күн бұрын
Resources Another card's owners named has had another people's bankers financing banking does Bank's case you this online are you bankers financing banking of named definitely definition are you doing advertising does I'd users authorized us creditors accountable does card's brush Richard forums noncitizens privacy around numbers secure secrecy details human statement telecommunications Telecom
@sumonchowdhury2432
@sumonchowdhury2432 6 күн бұрын
Banks don't know customer but accountable does know Bank's this Bank's problem isn't us subjects for this mean worlds Bank's criminal
@SelimIslam-w3b
@SelimIslam-w3b 8 күн бұрын
Hi there! Your videos are so creative, and I’d love to help you upload consistently to grow your channel. I specialize in editing and thumbnail design and can manage the entire process for you. Can we schedule a quick chat tomorrow?
@Diabolical05
@Diabolical05 8 күн бұрын
Tom Cruz real secret sauce to "success" Step 1, Syndicate real estate, and use a bunch of investors' money to buy real estate Step 2, Market yourself online as if you are the sole owner of all that real estate and raking in all that cash through section 8, when in reality, you're not making nowhere near what you claim after paying out property managers, and all of the investors involved in your syndication. Step 3 Sell section 8 courses to naive 17-25-year-olds who has never owned real estate and actually believes his nonsense. Anyone who owns real estate and has section 8 tenants can see Tom for what he is. Another sleezy salesman who made majority of his money through course selling, not owning real estate.
@JakeandGino
@JakeandGino 8 күн бұрын
do you know Tom? I don't, I only interviewed him. He may not own all his assets, but he has built a pretty impressive business. I'm not a fan of his marketing, but I wouldn't call him sleazy. he's trying to generate interest in his offers and garner attention.
@Diabolical05
@Diabolical05 8 күн бұрын
@@JakeandGino He is a SLEEZY salesman. Nothing less. He is selling a dream to a audience that doesnt know any better. Pretending these guys will have lambos, yatchs, and mansion if they invest into section 8. If you're an actual real estate investor who owns properties, then you should know this is extremely dishonest if not; flat out fraud. I put him in the same category as Pat bet David, and these other sleezy salesman who amass a fortune through selling absolute nonsense to younger or novice investors who doesn't know better.
@Aryankatyal-f3j
@Aryankatyal-f3j 9 күн бұрын
daym
@f.a.a.f.o....genx1977
@f.a.a.f.o....genx1977 10 күн бұрын
Lmao. Bitcoin is the only thing to hold long term.
@JakeandGino
@JakeandGino 10 күн бұрын
we can agree to disagree. I'm waiting for the govt to come in and change the game
@palimul651
@palimul651 11 күн бұрын
Shes got that bacon upper lips already..
@macioluko9484
@macioluko9484 12 күн бұрын
Preach Richard
@virgilbrown7614
@virgilbrown7614 12 күн бұрын
🔥🔥🔥🔥
@AmitJessia
@AmitJessia 16 күн бұрын
Thanks for sharing such valuable information! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
@supercatforever
@supercatforever 20 күн бұрын
what a bullshit system. they always finding ways to fleece the residents. we already get billed with a meter per usage, we dont want the landlord to gues what they think is fair. how the hell is this even legal? the usa gets worse for the working people by the second.
@JakeandGino
@JakeandGino 20 күн бұрын
We are t guessing. It's prorated per unit based on number of beds. The amazing part is that when residents see they have to pay, water usage drops. If you're building has a a meter, then you get billed based on the meter. There are a lot of old buildings that are not separately metered.
@610supreme
@610supreme 25 күн бұрын
You interrupt Rich to much let him talk, you suck at interviews
@JakeandGino
@JakeandGino 24 күн бұрын
thanks for your feedback
@610supreme
@610supreme 25 күн бұрын
The religion stuff doesn't work those days are over pops
@JuliaBarbaro
@JuliaBarbaro 25 күн бұрын
they may be over for you. That's your choice, not mine.
@610supreme
@610supreme 25 күн бұрын
Don’t chase women Chase excellence women will chase you.
@buzztune-ft6lc
@buzztune-ft6lc 26 күн бұрын
Thanks guys. Loved this interview. Matt’s course and bootcamp has tremendously helped my learning curve. “Businesses only grow as fast as systems and processes take them.”
@omeziriokananduaniel
@omeziriokananduaniel 27 күн бұрын
Gus evenings my comment is that I want to associate with you
@Lovejoypeace69
@Lovejoypeace69 Ай бұрын
I’ve been following people that teach communication for years and it’s made me a better person in so many ways but finally somebody that is a Christian and teaching biblical views. I absolutely love this. The three principles that you talked about, but helping somebody and help them live their life to the state of Marvel is absolutely beautiful.
@pattycerqua5679
@pattycerqua5679 Ай бұрын
Skip meals, it's intermittent fasting.. It won't break down protein, the body uses fat for fuel. I got off sugar and carbs 6 months ago. Lost 30 pounds and running is so much easier
@JakeandGino
@JakeandGino Ай бұрын
It's not rocket science, but it isn't easy. Sugar and carbs are so addicting, plus all the chemicals they put into food. Congrats on your success!!
@Joe-dw1dy
@Joe-dw1dy Ай бұрын
All I can say is damn. Here I am thinking I don’t want to touch section 8.
@JakeandGino
@JakeandGino Ай бұрын
Mark Twain says It ain't what you don't know that gets you into trouble, it's what you think you know that just ain't so. It may not be for everyone, but it's always worth looking into.
@Joe-dw1dy
@Joe-dw1dy Ай бұрын
I was a big podcast fan, now I am hooked to your KZbin channel. I will become a channel member to get access to the conference calls.
@kellyclark2806
@kellyclark2806 Ай бұрын
Love this conversation! Thank you :) BELIEVE in yourself! Stick with it. Go pro!
@JakeandGino
@JakeandGino Ай бұрын
He's one of my favorite authors!
@lindapelle8738
@lindapelle8738 2 ай бұрын
Interesting that’s such an accomplished back surgeon wouldn’t know what anxiety disorder or a panic attack is yet he’s treating people with chronic pain who obviously many have anxiety which is common with chronic pain. What’s going on with the medical system than I thought are teaching doctors about the whole person all the things that go on with pain. Two of my doctors committed suicide, one was gym, one was TMJ specialist dentist only treating people with severe TMJ pain. Interesting that 13 years of psychotherapy made him worse when Sarno recommends psychotherapy or recommended psychotherapy for his More complex pain patients.
@JakeandGino
@JakeandGino 2 ай бұрын
Let's hope things change with RFK.
@JNYC-gb1pp
@JNYC-gb1pp 2 ай бұрын
Its definately 2-3 hrs just to dump everything out of your mind (following his Incomplete Trigger List) Then, you have to look over the list and make sense of it, make necessary plans. Once youre up to date it prob is less time consuming.
@JakeandGino
@JakeandGino 2 ай бұрын
I think you're dumping things throughout the day as well. I would recommend a weekly rhythm to write things down and make sense of them
@jayd118
@jayd118 2 ай бұрын
What’re you talking about. 2012 was an amazing time to get into real estate lol
@JakeandGino
@JakeandGino 2 ай бұрын
Looking back it was. The same can be said right now. People have hit the exits and when you look back 2023-25 will be a great time to invest
@jerrycecicci7390
@jerrycecicci7390 2 ай бұрын
I want to learn more about section 8
@JakeandGino
@JakeandGino 2 ай бұрын
Check out Tom in Instagram!
@godmaker99
@godmaker99 2 ай бұрын
When anything good or bad happends its all thanks to god so lets appreciate it
@NdipArrey-ip1xn
@NdipArrey-ip1xn 2 ай бұрын
Great one
@JakeandGino
@JakeandGino 2 ай бұрын
Thanks!
@jamarmills8575
@jamarmills8575 2 ай бұрын
Awesome content , what markets are you guys in by the way Gino
@JakeandGino
@JakeandGino 2 ай бұрын
We are in East TN
@JonathanTaylor-ld9yk
@JonathanTaylor-ld9yk 2 ай бұрын
What about child support ?
@noicecars3052
@noicecars3052 2 ай бұрын
I am fired UP
@JakeandGino
@JakeandGino 2 ай бұрын
Great interview!
@samuelmoijueh2030
@samuelmoijueh2030 2 ай бұрын
That's a good framework. 13:37 Buy right, manage right, finance right 🔥💎
@JakeandGino
@JakeandGino 2 ай бұрын
Use it for any real estate investing or buying a business
@DylanDhDda
@DylanDhDda Ай бұрын
@@JakeandGinoeven in personal financing, kinda applies to most financial activities in the world
@rebereb3593
@rebereb3593 2 ай бұрын
Was struck by just how much The Book of Revelation was seemingly being described. The Bible is a book everyone should take seriously.
@DX-tk6fy
@DX-tk6fy 2 ай бұрын
How on earth are critical thinkers still taken in by that fake Will Smith slap thing... staggering
@MyPaljas
@MyPaljas 2 ай бұрын
Where can one find shows (news etc) hosted by Rick Sanchez. Missing his brilliant "Direct Impact" show since September 24. His e-mail address will also help. Much obliged...
@JakeandGino
@JakeandGino 2 ай бұрын
Great question. I'm not sure. I'll get back to you
@iamisaaclewis
@iamisaaclewis 2 ай бұрын
Thanks for having me on! Very blessed by the Jake & Gino family! 🙌🏼
@JakeandGino
@JakeandGino 2 ай бұрын
Yeah Isaac!!
@nelsonzambrano5788
@nelsonzambrano5788 3 ай бұрын
100% spot on distinction.
@stevebturnkeyrealestate
@stevebturnkeyrealestate 3 ай бұрын
Love the passive income from multi family investments
@JakeandGino
@JakeandGino 3 ай бұрын
That's why you get into real estate! Congrats Steve!
@OolongG952
@OolongG952 3 ай бұрын
I tried to access your website and I received a message that I was blocked
@JakeandGino
@JakeandGino 3 ай бұрын
our website? www.jakeandgino.com
@KBWFreedomthrurealestate
@KBWFreedomthrurealestate 3 ай бұрын
Which is better positive cash flow or wealth through equity gains?
@JakeandGino
@JakeandGino 3 ай бұрын
Great question! Cash flow gets you out of your job, equity keeps you out. I think you need a blend of both, and when people say you make money on the buy, I tend to disagree.. You do lock in good pricing, and hopefully cash flow, but you make a ton on the exit either through a refi or sale. Your goal early on is to build up equity too turn into cash flow. Rinse and repeat
@danieldaza1213
@danieldaza1213 3 ай бұрын
As a new operator, I needed this interview. Thank you both.
@JakeandGino
@JakeandGino 3 ай бұрын
Mohit has a great story. You should check out his interview on our youtube channel on Closers Club 15
@JakeandGino
@JakeandGino 3 ай бұрын
Here it is: kzbin.info/www/bejne/nIWwZ5WEfqhspMU
@kraigstrom
@kraigstrom 3 ай бұрын
Great video Gino. When do we get pictures of you in the Farmer Gino outfit 😂
@JakeandGino
@JakeandGino 3 ай бұрын
I was there today removing tree limbs and taking care of the chickens after the storm. Not sure you want to see a pic of me after that
@ConcreteCrafters-ye1uz
@ConcreteCrafters-ye1uz 3 ай бұрын
Great content. How are you finding direct to seller deals? Thanks
@JakeandGino
@JakeandGino 3 ай бұрын
We use Crexi to identify owners, and call them up. You can also find wholesalers in your market, give them your buy right criteria and let them bring deals to you
@vinceliu605
@vinceliu605 3 ай бұрын
The problem is it’s hard to refinance the existing high rate loan because of the hefty prepayment penalties, you can only do supplemental loans to pull equity out, and then you’re on the clock for 5-7 years-who knows where interest rate is gonna be at when the loan is due
@JakeandGino
@JakeandGino 3 ай бұрын
If you have bridge debt, you can probably refi in the next year to a lower rate. You're always on the clock. The key is to not over leverage yourself, and to allow for some flexibility, possibly doing prepayment instead of yield maintenance. Every deal has it's own finance right type of debt.
@FunkInvesting
@FunkInvesting 3 ай бұрын
Everyone seems to be getting into multifamily these days! I too have hundreds of buildings available.
@JakeandGino
@JakeandGino 3 ай бұрын
been in it for 20 years. Own 1,800 units. If you've got hundreds of buildings available, we're buyers!
@thomassbahtu1503
@thomassbahtu1503 3 ай бұрын
Jump to 4 minute to start the infor
@RocketOlove
@RocketOlove 3 ай бұрын
It’s only because the election, and the Democratic Party is owned by the people who control everything, and they happen to own the federal reserve. So drop it before Election Day, so in less than a year later it will skyrocket passed where it is now. 🙄
@Hector-uh6qz
@Hector-uh6qz 3 ай бұрын
Sounds like B U LL 💩