Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

E128: Avoiding Beginner Mistakes & Mastering Multifamily - Gino Barbaro

E128: Avoiding Beginner Mistakes & Mastering Multifamily - Gino Barbaro

FromThe Investor Mindset - Name Your Number Show [$]


E128: Avoiding Beginner Mistakes & Mastering Multifamily - Gino Barbaro

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
35 minutes
Released:
Jul 2, 2020
Format:
Podcast episode

Description

Gino Barbaro is an investor, business owner, author and entrepreneur. He has grown his real estate portfolio to over 1400 multifamily units. He is the co-founder of Jake & Gino, a multifamily real estate education company that offers coaching and training in real estate founded upon their proprietary framework of Buy Right, Manage Right & Finance Right.He is the best-selling author of two books, Wheelbarrow Profits and Family, Food and the Friars, and graduated from IPEC (Institute for Professional Excellence in Coaching) where he earned his designation as a Certified Professional Coach. He currently resides in St. Augustine, Florida with his beautiful wife Julia and their six children. KEY TAKEAWAYS1. You have to look at everything from the investor's mindset. That means utilizing leverage, liquidity and control. 2. Start with the "Why?". If you have reasons and clarity they will reap rewards. 3. When you're managing a property you need to be in constant contact with the management company. Weekly calls and "pulse" emails containing KPIs.4. Every property should have it's own management budget. 5. What are your core values? Use these when hiring staff, using vendors and working with partners. 6. You need to know the market. Know the expenses, taxes and operating costs.  7. Speak with community bankers and property managers to learn about the market and gain knowledge on the market and costs. 8. It's a "people business". Tenants leave due to bad customer service and bad landlords... not rent increases. 9. Turn into that fear and head into it, despite having it. 10. Challenge your limiting beliefs.  BOOKSLimitless by Jim Quick - https://www.limitlessbook.com/The Go-Giver by Bob Burg - https://www.amazon.com/Go-Giver-Expanded-Little-Powerful-Business/dp/1591848288Never Lose a Customer Again by Joey Coleman - https://www.amazon.com/Never-Lose-Customer-Again-Lifelong/dp/0735220034Think and Grow Rich by Napoleon Hill - https://www.amazon.com/Think-Grow-Rich-Napoleon-Hill/dp/0449214923Honeybee by Jake and Gino - https://jakeandgino.com/honeybee/ LINKShttps://jakeandgino.com/ 
Released:
Jul 2, 2020
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset