Join Duc and Vince, as we chat with Jamie Gruber and Benoit Malige about building partnerships and leveraging human capital. Jamie and Benoit are Co-founders of the Multifamily and More group, a real estate investment club, helping its members achieve their financial and lifestyle goals through real estate investment. With their fantastic partnership, they were able to take the company from just being in a local market to expanding nationallly.

The Advantages of Having a Co-founder

Starting a business is a big responsibility and a lot of work. You can only do so much as a single founder. It can be discouraging for people who do not want to share their control of decision-making; however, there are so many advantages when you have a Co-founder.

About Multifamily and More:

We interview guests on virtual platforms, organize meetups in multiple cities and host events and mixers all aligned with our goal. We exist because we were sick of REIAs existing just to make money without giving anything back. We’re committed to adding value and being a fresh face in the real estate meet up space.

Go to MultifamilyAndMore.com to find out more!

Outline of the episode:

·        [01:01]The key takeaways of the episode.

·        [01:46]How did Jamie and Benoit meet, and why did they decide to form a partnership?

·        [03:09]The story of Jamie and Benoit’s journey of how they started to earn passive cash flow.

·        [05:23]Three ways you can build a passive income. Work hard on building credibility.

·        [07:36]Reasons why should you start building passive cash flow.

·        [09:52]Most recent deal they invested in and having the ability to overcome their struggles caused by the pandemic.

·        [14:39]What’s their plan on the overall exit?

·        [18:14]Figure out what works best for you. Relationships in business are essential.

·        [19:50]Having good tenants depends on how well you screen them. Always maintain communication.

·        [24:21]What are Jamie and Benoit’s biggest mistakes in the business? It’s incredible how their opposite traits balance their strategic partnership so well.

·        [29:49]How did the Multifamily and More blow up from just being a local market? 

·        [36:20]What makes Multifamily and More different than the other investment clubs?

·        [38:52]The systems, technologies, and applications that they’re using for their business.

·        [42:56]Being authentic, looking at small cuts that you can make on the expense side, and leveraging the scale where it’s possible.

·        [45:57]Never Split the Difference, Interview with the Devil, Think and Grow Rich, How to Win Friends and Influence People.

·        [50:29]Where are Jamie and Benoit’s favorite destinations?