Nov 2, 2021
On this episode, Gino Barbaro interviews Michael Petrocchi. Michael is a health physician and joined the Jake & Gino investor community in 2019 to connect with like-minded individuals, control his future and create generational wealth on his own terms. Presently he is a co-owner with 82 multifamily units and another 650 units.
Key Insights:
00:00 Introduction
00:55 Experience with Money Mixer
02:05 Taking action and going creative to close deals
03:06 Real estate is a team sport
04:55 Working with Jake and Gino
06:18 From W-2 jobs to real estate investing
08:38 Why Multifamily Investing
11:07 Keeping pace during the pandemic
12:38 Jake & Gino is more than a education company
14:06 Underwriting deals
17:14 Gino's golden nuggets on multifamily investing
17:57 Assessing the market dynamics
21:24 How to find Multifamily deals
24:36 How to develop an Investor Mindset
25:55 The abundance mindset can change your life
26:15 Recommended books: Unlimited Power by Tony Robbins
28:10 Keep going, persistence pays off
29:45 That first deal can change everything
31:02 Surround yourself with like-minded people
Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $100,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs.
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