720: Long-Term Holds Are The Path To Wealth Creation

Although multifamily has taken a big hit lately because of higher interest rates, higher expenses, and flat to declining rents, good deals are still hard to find. Sellers still want too much for their properties. Gino Barbaro, co-founder of Jake and Gino LLC, owns 1900 multifamily units in Knoxville, TN. Gino likes 2BR, 1.5 bath townhomes. Townhomes command more rent than apartments because they’re two stories with in-unit washer/ dryers and often parking. After years of trial and error, and investing in several valuable mentorship programs, Gino Barbaro has built an impressive, long-term multifamily portfolio with his partner Jake Stenziano. Gino also co-hosts the well-known Jake and Gino Real Estate podcast.