Jake and Gino Multifamily Investing Entrepreneurs

From Marine Corps to More Than One Door with JD Allen | Movers and Shakers with Gino Barbaro

01.02.2024 - By Jake & GinoPlay

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Welcome to our latest episode where we dive into the fascinating journey of JD Allen, a former Marine Corps instructor turned successful multifamily investor. Join us as we explore how JD transitioned from military leadership to mastering the multifamily real estate market. Hosted by Gino Barbaro, co-founder of Jake and Gino, multifamily investor, educator, father, and mentor, this episode is packed with insights and inspirational stories. What You'll Learn: JD Allen's Background: Discover how JD's 25 years of leadership in the Marine Corps and IT paved the way for his success in real estate. The Shift from Stocks to Real Estate: Why JD chose multifamily real estate over stock market investing for better control and passive income. Overcoming Challenges: Hear about JD's early mistakes, like investing in high cap rate properties in bad markets, and how he turned these experiences into learning opportunities. Seller Financing Mastery: JD shares his strategies for successful seller financing, from relentless calling to savvy negotiation. Creating Value in Real Estate: Learn how JD bought a 17-unit complex and a mobile home park for $150k, then increased their value exponentially. JD's Future Goals: Discover JD's ambitious plans for scaling his real estate portfolio, including his target of owning 500 individual and 1500 syndicated or JV units. Episode Highlights: Real Estate vs. Stock Market: Understand the difference between these investment strategies through JD's experiences. The Power of Persistence: JD's relentless pursuit in the face of initial rejections and challenges is a testament to the power of persistence. Building a Real Estate Toolbox: Learn how JD utilized different strategies like flips, syndication, and creative financing to grow his portfolio. Community and Learning: Find out how joining the Jake and Gino community and being constantly curious helped JD refine his real estate skills. Connect with JD Allen: Reach out to JD at [email protected] for insights into real estate investing, partnerships, and more. Final Thoughts: JD Allen's story is not just about real estate success; it's about the journey of transformation, learning, and the power of taking action. Whether you're a seasoned investor or just starting out, there's something in this episode for everyone.

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