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Jake and Gino Multifamily Investing Entrepreneurs

Current Challenges with Apartment Investing

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5831 Ratings

🗓️ 10 April 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

“Multifamily investing is not a get rich quick scheme.” – Gino Barbaro Are you interested in investing in multifamily properties, but unsure of the challenges you may face? Join us for this informative podcast where we discuss some of the key challenges that multifamily investors face in today's market. First and foremost, the high cost of debt can be a major hurdle for multifamily investors. With interest rates on the rise, securing financing for a multifamily property can be a difficult and expensive process. It's important to have a solid understanding of your financial situation and to work with experienced lenders who can help you navigate the financing process. Another challenge facing multifamily investors is fiscal tightening. Investors must be prepared to navigate these challenges and be flexible in their approach to financing and managing their properties. The changing economic environment can also pose challenges for multifamily investors. Economic downturns can impact rental rates, vacancy rates, and property values, requiring investors to adapt quickly to changing market conditions. Investors who are able to weather economic storms and maintain their properties during challenging times are often the ones who achieve long-term success. In this video, we'll explore these challenges and provide insights and strategies for multifamily investors to overcome them. Whether you're just starting out or have years of experience in multifamily investing, this video will provide valuable insights that can help you achieve your investment goals. So, tune in and learn how to navigate the challenges of multifamily investing and build a successful portfolio. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Transcript

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0:00.0

long term and that's what multifamily is all about.

0:02.3

It's not a get rich quick scheme.

0:05.1

And if there's any get rich quick scheme out there,

0:07.2

you lose money just as quickly as you make it. Hello, Ray Jigan, Gino here, and today we're discussing the current challenges with apartment investing.

0:39.0

You've heard it a million times.

0:40.4

You have a salesperson.

0:41.4

They're saying you can pick two, okay?

0:44.3

This is not the happy meal here.

0:47.0

You can pick two.

0:47.7

You can get price, okay?

0:50.0

You can get quality, but you can't get the timing.

0:53.0

Or you can get the quality and the time, but not the price, blah, blah, blah.

0:55.7

You've heard it a million times.

0:57.5

Now, apartment investing, it really isn't much different.

1:00.6

It's just what we're talking about is different.

1:02.9

In apartment investing, there's price, there's debt, and then there's management.

1:07.7

So let's go back to 2022.

1:09.3

We're going back to last year.

1:10.3

You could only get one of the

1:11.4

three last year. You could get good debt. You could get good financing, but hiring and property

1:16.6

management was a challenge. Okay. And prices were at all time high. So you really last year,

1:21.2

you were only getting one of the three. Now in 2023, in our opinion, things look way better.

...

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