Jan 27 2024
People First! Advanced Multifamily Operations w/ Gino Barbaro | Sp.05
Gino Barbaro joins Andy McQuade on The TCO Method ® podcast to discuss how Jake & Gino successfully own and operate over 2,000 units across their multifamily portfolio - without the issues currently plaguing the industry.
Key takeaways from the episode include the significance of proactive property management for tenant retention, the synergy between asset and property management, weekly monitoring of key performance indicators, and the importance of financial stewardship. Gino and Andy also highlight strategies such as using durable materials, systematizing property management, and establishing solid vendor relationships.
Additionally, Gino shares their secrets about cultivating a company culture, incentivizing employees through investment opportunities, and adopting a multi-tiered approach to adding value to property management.
Read the transcript, show notes & summary
Highlights:
0:04:59 - Maximizing Tenant Retention and Financial Efficiency
0:14:02 - Investment Strategy and Asset Management
0:24:43 - Considerations for Buying Real Estate Assets
0:33:45 - Managing Property Managers and Workforce Efficiency
0:40:07 - Property Managers and Hiring Culture Issues
0:46:59 - Leveraging Employee Incentives and Restrictions
0:56:32 - Contrasting Section 8 and the Market
About Gino Barbaro:
Gino is an investor, business owner, author and entrepreneur.
As an entrepreneur, he has grown his real estate portfolio to over 2,000 multifamily units & $250,000,000 in assets under management.
Gino owned an Italian restaurant for over twenty years, and was affectionately known as the pizza guy. He met Jake in 2009, and the duo purchased their first deal in 2013. Gino left the restaurant back in 2016 to become a full-time multifamily investor.
Gino and his partner, Jake, launched the Jake & Gino community back in 2016, the premier multifamily real estate educational community, to teach others how to invest in multifamily real estate.
He is the best-selling author of three books, Wheelbarrow Profits, The Honey Bee and Family, Food and the Friars. He currently resides in St. Augustine, Florida with his beautiful wife Julia and their six children.
Order Gino's bestselling books below - if you use these links, we earn a small commission on your purchase which helps support the show.
Wheelbarrow Profits
The Honey Bee
Family, Food, And Friars
Want to know more about Gino?
Check out the Jake and Gino Website
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This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with insured, licensed, and qualified professionals about your specific, individual situation. Read the full disclaimer.