Gino Barbaro

Gino Barbaro

Gino Barbaro owned and operated a restaurant for over twenty years before transitioning full-time into multifamily real estate. He's been investing in real estate for over 15 years and grown his multifamily portfolio to nearly 700 units with his partners. His passion lies in running the client relations for Rand Partners, along with underwriting deals and exploring new opportunities in the national market. Gino has also created a real estate education company called Jake & Gino, written two best-selling books, one in real estate and one in cooking, co-hosts the number one multifamily podcast on iTunes, and empowers individuals to take control of their lives through his coaching business. Gino Barbaro is a graduate of Fairfield University and IPEC (Institute for Professional Excellence in Coaching). He currently lives in New York with his wife and six children.

    Gino Barbaro's Articles

    • Why Multifamily Units are Crushing the Market

      Have you noticed all the real estate television shows are focused solely on fixing and flipping, and give no love to buying multifamily properties? I get it that fix and flip is sexy and produces great T.V., but does it qualify for a great investment or create generational wealth and passive income? We are going to tackle this question as well as why apartments and multifamily is crushing it and how you can jump in with both feet and join the party. Let’s also discuss what constitutes a great investment!What Are the Characteristics of a Great Investment?(Multifamily Assets meet all…

    • Quit Your Job by Creating A Plan to Invest In Multifamily Real Estate

      The year was 2011. My business was floundering and I was working just as many hours but earning less. Does that sound familiar? I finally built up enough anger and leverage to take action and dedicate myself to investing in multifamily real estate with the intention of earning enough passive income to allow me to quit my business (aka job).The journey of a thousand miles begins with the first step, but if you don’t have a strong enough reason to begin the journey, you will never start. Or, in my case, the beginning of the journey will take you in…

    • How To Buy Your First Twenty-Five Unit Apartment Complex

      “You gotta walk through the Courtyard to get to the Hammond”In the winter of 2013, Jake and I purchased our first multifamily property, a twenty-five unit with tons of “potential”. It had taken us two solid years of rejection and negativity to get to this point. We felt as if a weight had been lifted off our shoulders when we assumed ownership, but little did we know that the real work was about to begin.In this article, I want to show you how to purchase your first multifamily property by exhibiting the “Patience, persistence but willing to walk away” mentality…

    • Due Diligence: Guide For Analyzing & Purchasing Real Estate Correctly

      Any experienced investor will tell you that Due Diligence are two of the most important words in investing. I learned the importance of due diligence soon after my first real estate blunder.Due diligence is defined by Investopedia as, “The care a reasonable person should take before entering into an agreement or a transaction to another party.”There are 3 types of Due Diligence: Financial, Physical, and Legal. As a rule of thumb, always perform the financial due diligence first. If the numbers don’t work out, then you didn’t waste any money or time on the property inspection or legal work. The…

    • 5 Questions To Ask When Buying Multifamily Real Estate

      I believe and stress to all investor I interact with that buying right is critical to an investor’s success and one of the goals in buying right is to limit your downside risk. This article will focus on five crucial questions to ask a seller when analyzing a deal, why these questions need to be asked, and how to use these questions during the negotiation process.As a life coach, I have spent hours asking my clients empowering questions to help them learn more about themselves and to ultimately answer their own questions. An empowering question is a thought provoking, open…

    • 15 Ways To Increase Revenue In Your Multifamily Property

      The way to increase the value of a multifamily property is to either increase the income or decrease the expenses, which will affect the Net Operating Income (NOI). The NOI is a key metric when analyzing the value of a multifamily property. For the purposes of this article, I would like to focus upon the top line of the investment, revenue, and how to grow the revenue of the asset. The asset classes that we focus upon are B & C properties.Add Additional UnitsOn our most recent purchase, the property had laundry rooms spread throughout. The rooms were large, and…

    • How To Rehab An Apartment To Maximize Your Return On Investment

      In December of 2017, we purchased a 64 unit complex at the county courthouse for a purchase price of $1,300,000, comprising of one and two bedroom units. As with the majority of our purchases, this acquisition came with several problems, or as the investing community likes to call, value-adds.Trust me, this property had a ton of problems, but at a $20,000 per unit purchase price, it was well worth assuming and fixing these problems.This property is a typical Mom & Pop class C property that caters to the blue-collar/retail workers. The renovation outlined below is what we perform on all of…

    • 4 Negotiation Techniques To Help You Close The Deal

      Negotiation techniques will not only save you time and money, but will assist you in closing your very next real estate investing deal. The first rule of any negotiation is to amass as much information about the person sitting across the table from you.Remember, the key is to try to create a win-win and solve their problem. It can’t be all about you. Discover why this person has entered into a negotiation with you, and what he looks to get out of the deal. Now let’s pick right back up from where I left off in the first 5 Negotiation Techniques…

    • When It Comes To Inspections – Should You Get a Referral From Your Agent?

      Once a contract is signed, the due diligence clock starts and an investor usually has a specified period of time before the down payment goes hard (non-refundable). An investor needs to work quickly to perform his due diligence to decide whether or not to proceed with the investment. The typical time frame for physical due diligence of commercial property is thirty days, and an additional thirty days for financing. We try to secure extensions for financing in case we run into delays. For purposes of this post, I would like to focus on the physical side of due diligence.An investor should…

    • Do You Know The 7 Different Types of Commercial Lenders?

      Most investors are familiar and find comfort when it comes to financing a single-family home, but become overwhelmed and intimidated when the conversation turns to financing a multifamily property. In this article, I would like to describe the differences between a residential and commercial loan and outline the different types of commercial lenders.What exactly is a commercial loan? — A commercial loan is simply a loan that finances properties that are five or more units.Key Differences Between a Residential and Commercial loan1. Commercial loans are underwritten using the income approach and rely heavily on the performance of the property that…

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