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What started out as a conversation between friends exploded into a thriving real estate investment business that continues its growth and profit. Jake and Gino are both experts in multifamily...
show more
What started out as a conversation between friends exploded into a thriving real estate investment business that continues its growth and profit.
Jake and Gino are both experts in multifamily real estate investing and have achieved, by hands-on doing, the sort of financial freedom they've always wanted but were unsure was attainable. If you’re interested in multifamily strategies, syndication, increasing cash flow or just some good old fashion “make it happen” attitude, then this show is for you!
show less
Jake and Gino are both experts in multifamily real estate investing and have achieved, by hands-on doing, the sort of financial freedom they've always wanted but were unsure was attainable. If you’re interested in multifamily strategies, syndication, increasing cash flow or just some good old fashion “make it happen” attitude, then this show is for you!
8 APR 2020 · Mike Taravella and co host Will Coleman interview Mitchell Stogner, a Vice President at Arbor Realty Trust
Key Information:
Make sure your broker has a network of heavy hitting lenders.
It’s not business as usual but Freddie and Fannie are still originating. The need for lending is still there.
Due to the impact of COVID-19 lenders are pulling back on leverage. While it is all subject to the deal and the sponsor a 5% reduction in leverage is generally what is being seen across the board.
Principle and Interest reserves are changing daily however right now any deal after March 25th is requiring a minimum of 6 months Principle, Interest, and Taxes and Insurance in reserves. Mitch is seeing approx. 90% of these deals only requiring Principle and Interest reserves.
Majority of borrowers right now are negotiation extensions with their contracts. Lenders right now are underwriting more in depth and reducing leverage, however Mitch is still producing and deals are still getting done.
Expert Pro Tip: Focus on the people that are going to bat for you and are willing to work with you to get these deals done.
Contact Information:
mstogner@arbor.com
To register to invest with us:
https://invest.randpartnersllc.com/invexp/accounts/login/
Rand CRE's Facebook: https://www.facebook.com/randcre
Rand CRE's Linkedin: https://www.linkedin.com/company/randcre
Rand CRE's Instagram: https://www.instagram.com/randcre
7 APR 2020 · Welcome to the Movers and Shakers podcast. Our guest this week is Mike Konstantas. He cur-rently lives in Bayside, New York with his beautiful wife, Kelly, his 2 daughters and 3rd daugh-ter on the way. After graduating with a Construction Management / Engineering Technologies degree, he continued to work with his father, in the family custom woodworking business, which his father started over 40 years ago. He continues to manage and operate the business that has worked on some of the largest restaurants in New York City.
Mike started investing in real estate back in 2005 with the purchase of an out of state condo
and has continued to build a rental portfolio while making the decision in late 2018 to move
into multifamily real estate. Mike closed on his first MF property with his partners in January
2020 and closed on his 2nd MF property in March 2020 bringing his total portfolio to 95 units
(plus 479 units as an LP).
He is the Co-Founder of 168 Capital Group, alongside his wife, where their vision is to be able to
provide clean, safe and affordable housing to their residents while building a sense of
community from within.
6 APR 2020 · Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.
Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives. The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.
In this episode, Gino and Julia talk to Ritchie and Betsy Robertson Molitor.
They are from Buena Vista, CO, a small mountain town. They have been in real estate for nearly 20 years and own 2 REMAX franchises. They currently own a duplex (our first investment) and are ready to expand with the Jake and Gino community. The light has definitely turned on, they see the value in multifamily investing and what it will mean for our family. As you can see, they have a large family and their goals are to be able to visit them, nurture them and enjoy them as they grow into their own families.
Betsy is a strengths coach and has been doing strengths coaching for the last 2 years but for the last 8 years with her family!
People can reach out to her to learn how to take the online test and/or their kids or colleagues. Then, she can meet with you for a virtual coaching session.
In this podcast, Ritchie & Betsy discuss family life, homeschooling their ten kids, running their business, how they work together effectively as a team, and how to enjoy your family and be a huge, positive influence in their lives.
You can reach Ritchie & Betsy here:
rbmolitor@gmail.com
https://www.instagram.com/betsymolitor/
https://www.facebook.com/BeautyByBetsyM/?modal=admin_todo_tour
Strengthsfinders
Questions or comments? Email us at juliabarbaro@gmail.com
2 APR 2020 · Samuel K. Freshman, is Board Chairman of Standard Management Company which performs real estate acquisitions, bridge finance, and property management. Active in real estate investment for 60 years as an attorney and investor. He has been an expert witness in real estate, legal matters,
finance, lecturer at the Stanford Law and Business Schools, chairman of a bank, title company, and a theatre exhibitor. Chairman Emeritus Stanford Professionals in Real Estate (SPIRE). Author of books and over 20 published articles, Mr. Freshman is working on a series on saving entitled "The Smartest Way to Save," "The Smartest Way to Save More," and “The Smartest Way to Save Big” about becoming rich on a modest income. Sam received a Stanford BA (Pre-Legal, (1954) and a JD (1956).
He speaks with us about syndication, scale and cap rates.
sfreshman@standardmanagement.com
The Rundown
Principals of Real Estate Syndication
Getting Started in RE
1957
Real Estate License
Bar Exam
Jacob Stern
Private Practice
Leaving Law
Expert Witness
Syndication
Cap Rate
Early Mistakes
Buy & Hold
The Advantage of Scale
Investor Relations
Property Management
Borrowing
Recessions
Selling A Property
Flip Model
Average Growth
Compound Interest
Pros & Cons
Doing the Math
Savings on Scale
Leverage
Depreciation Pool
Market Cycle
Extra Innings
Compressed Rates
Student Debt
Coronavirus
Bridge Lending
Find A Partner
Raising Money
Skin In The Game
Habits For Success
Marketing
Discipline
Due Diligence
Fees
Book Recommendations
Always Ask
Check out our Upcoming Live Events!
Subscribe to our Youtube Channel for lots of great content!
Buy our new book The Honey Bee! Audio Book Available Now!
1 APR 2020 · Mike Taravella and co host Will Coleman interview David Kahn, the managing analyst for CoStar group concentrating on the Atlanta metro and the Southern United States.
Key Information:
Keep an eye on the unemployment claims, Government stimulus package, daily rents.
Rents react very fast when there is a disruption in the market. We have already seen a rental rate decline over the last few days.
Government agencies seem to be all in when it comes to helping the economy recover.
Not yet seeing a variance in rental rate declines between class A, B, and C apartments. In the short term it doesn’t seem like white collar jobs are being impacted as of yet however long term with interest rates so low we may see more of this class residents move towards buying a house.
Other than supply chain issues, the industrial space looks relatively strong right now.
9-11% unemployment seems to be the most reasonable estimate so far.
GDP loss for Q2 is projected anywhere between -12% to -25% however the good news is that the Q3 and Q4 GDP growth show more positive estimates.
There will be a pause from the capital markets however as of now buyers are still looking at deals and occupancy rates are still record high.
Keeping an eye on development over the next few months could lead to a lack of supply for multi-family over the next 12-18 months.
Expert Pro Tip: Check out CoStar News! Also check out WARN Reports which state the location and number of layoffs in each state.
Contact Information:
dkahn@costar.com
To register to invest with us:
https://invest.randpartnersllc.com/invexp/accounts/login/
Rand CRE's Facebook: https://www.facebook.com/randcre
Rand CRE's Linkedin: https://www.linkedin.com/company/randcre
Rand CRE's Instagram: https://www.instagram.com/randcre
31 MAR 2020 · Welcome to the Movers and Shakers podcast. Our guest this week is Matt Shields. He is one of the two founding principles of Significan Lifestyle Communities he has been a lifelong resident of Northeast Ohio and is also the founder of Virtus Ventures a successful digital transformation company located in Independence, Ohio. Virtus Ventures has managed the hardware and software technology implementation for some of the largest consumer brands in the world. Amazon, Phillips, and ELF Cosmetics are a few of the companies Matt has provided solutions for. Matt has used his experience running multi-million-dollar international technology projects for various companies to ‘cross-pollinate’ strategic solutions into new businesses and verticals.
Significan is focused on acquiring 250+ unit value add opportunities in the southeastern United States. The overall goal is to provide safe affordable housing for our tenants and return attractive profits for Virtus Property Group investors.
30 MAR 2020 · Welcome to the Multi-FAMILY zone podcast, where business meets family. The hosts of the show, Julia and Gino Barbaro, have been married for over twenty years, and have six children.
Julia homeschools the children, and recently became a marriage and life coach to help couples become better communicators and help enrich their lives. The couple is constantly asked about how they balance their entrepreneurial and real estate journey while raising their kids. The Multi-FAMILY zone was created to address these questions, along with a host of questions from the Jake and Gino community.
In this episode, Gino and Julia talk about negotiating with your kids. They discuss the similarities of hostage negotiation and negotiating with children.
Read Gino’s Book Review of Chris Voss’s book here:
Never Split the Difference_Book Review
Questions or comments? Email us at juliabarbaro@gmail.com
What started out as a conversation between friends exploded into a thriving real estate investment business that continues its growth and profit. Jake and Gino are both experts in multifamily...
show more
What started out as a conversation between friends exploded into a thriving real estate investment business that continues its growth and profit.
Jake and Gino are both experts in multifamily real estate investing and have achieved, by hands-on doing, the sort of financial freedom they've always wanted but were unsure was attainable. If you’re interested in multifamily strategies, syndication, increasing cash flow or just some good old fashion “make it happen” attitude, then this show is for you!
show less
Jake and Gino are both experts in multifamily real estate investing and have achieved, by hands-on doing, the sort of financial freedom they've always wanted but were unsure was attainable. If you’re interested in multifamily strategies, syndication, increasing cash flow or just some good old fashion “make it happen” attitude, then this show is for you!
Information
| Author | Jake & Gino |
| Organization | Jake & Gino |
| Categories | Business |
| Website | - |
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