Multifamily investing is a bit different than other types of residential real estate investing. When the economy begins to shift, and a recession is looming, multifamily real estate tends to drop in price. But, at the same time, more renters need a place to stay, or more importantly, an affordable place to stay, making multifamily apartments their go-to option. If apartment investing has ever interested you before, Jake Stanziano and Gino Barbaro make a strong argument why now may be the perfect time to get into the industry.If you’re feeling deja vu, don’t worry, Jake and Gino have been on the BiggerPockets Podcast multiple times before. Each time they come on they bring new lessons, new deals, and a lot more units under their belt. Only a decade or so ago, Jake and Gino were busting their humps working at jobs and businesses that didn’t fulfill them. It took them a year and a half to buy their first deal, and now, they’re sitting on $175M worth of multifamily. That’s quite a lot of deals in just a decade.Jake and Gino drop some gems in this episode, specifically on why 2022 may be a smart time to start investing, how to develop your “buy right” criteria, and preparing your exit strategies so you can build wealth, not just get rich once. They’ve learned a lot of multifamily investing lessons the hard way, so next time you’re presented with a killer deal, you don’t have to double down on their mistakes.In This Episode We Cover:Why you DON’T need to raise outside money to tackle big multifamily dealsHow to hire the right people and get employees invested in your properties (literally)The “buy right” framework and three pillars of real estate that every investor must understandWhy exit strategies are the most crucial part of investing and how to define yoursManaging properties the right way and how good property management can make or break a dealThe “conveyor belt” acquisition system that will fly deals your way (even when you’re not working)And So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsDavid's BiggerPockets ProfileDave's BiggerPockets ProfileDavid's InstagramDave's InstagramRob's YoutubeRob's InstagramRob's TikTokRob's TwitterRob's BiggerPockets ProfileBiggerPockets Podcast 182BiggerPockets Podcast 266Pizza Owner to 1,500 UnitsMillionaire CouplesBooks Mentioned in the ShowSmall Giants by Bo BurlinghamScaling Up by Verne HarnishThe 7 Habits of Highly Effective People by Stephen CoveyConnect with Jake and Gino:Jake’s BiggerPockets ProfileJake’s LinkedInGino’s LinkedinJake and Gino’s Facebook PageJake and Gino’s LinkedInJake and Gino’s WebsiteJake and Gino’s PodcastJake and Gino’s InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-632Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.