How To Perform Rental Comps in Multifamily | How To Multifamily Real Estate with Gino Barbaro

Welcome to the Jake and Gino Podcast! In this video, co-founder Gino Barbaro dives deep into the crucial topic of rental comps. Whether you're a seasoned investor or just starting out, understanding rental comps is essential for making informed decisions in the real estate market. Can you really raise rents as brokers often claim? Let's find out!

 

Key Topics Discussed:

1. Age of the Property: Learn why comparing properties within a 10-year range is crucial.
2. Size of the Property: Discover the importance of size comparability and how a 20% variance makes a difference.
3. Amenities: Understand how amenities like central air, pools, and washer/dryer hookups impact rental value.
4. Location: Get insights on how market density and median income influence property comparisons.
5. Unit Mix and Size: Learn why matching unit types and sizes is vital for accurate rental comps.

Why Rental Comps Matter:

• Net Operating Income (NOI): Proper rental comp analysis helps in driving the NOI and increasing rents justly.
• Risk Mitigation: Reduces investment risk by providing a realistic view of the market.
• Investor Insight: Essential for both active and passive investors to understand potential rental growth.

Additional Resources:

• Join the Jake and Gino Community: Call us at 865-800-3905 to learn more.
• Free Book Offer: Email gino@jakeandgino.com for a PDF copy of "Wheelbarrow Profits."
• Passive Investor Pro: Learn how to underwrite deals like a pro.

If you have any questions or comments, leave them down below. Don't forget to subscribe, like, and share this video if you found it helpful. Your support helps us create more valuable content.

Thank you for watching, and see you in the next episode!

Follow Us:

• Website: Jake and Gino
• Email: gino@jakeandgino.com
• Phone: 865-800-3905

Subscribe to Our Channel for More Tips on Real Estate Investing!

#RentalComps #RealEstateInvesting #PropertyManagement #JakeAndGino #InvestingTips #RentalAnalysis #PassiveIncome

We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/