Why Real Estate? with Gaetano Ciambriello
Why are people turning to real estate and abandoning their W2 jobs? Gaetano is the perfect example of how you can replace your 9-5 income by learning more about real estate and growing your portfolio. Learn more about planning and investing for the future!
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Show Notes
“The ultimate goal is control of your time and doing what you want to do. I think real estate is the best way to get there.” - Gaetano Ciambriello
Episode Summary:
Why are people turning to real estate and abandoning their W2 jobs? Gaetano is the perfect example of how you can replace your 9-5 income by learning more about real estate and growing your portfolio. Learn more about planning and investing for the future!
About Gaetano Ciambriello:
Gaetano started his career at an investment bank but quickly realized that was not his calling. Working 60 hours a week to make someone else rich, while barely scraping by in New York, Gaetano knew it was time for a change.
In April 2020 Gaetano bought his first investment property, and in June 2020 he left Wall Street. Now he is investing in student housing in Connecticut, and operating a mortgage brokerage. His portfolio consists of 15 units, 65 student beds, and over $1,000,000 in rental income per year.
At this point, Gaetano has bought homes on-market and off-market. He has financed purchases with conventional loans, FHA loans, and hard money. He has BRRRR'd and used the equity in his properties to expand his portfolio.
Gaetano now works as a real estate investing coach, helping others grow their portfolios and build their own wealth.
In this episode:
- Life on Wall Street
- The world of financing
- Learning to leverage your customer database to grow your sales book
- The payoff of being proactive
- Refinancing vs. purchasing from a mortgage point of view
- 2-4 unit FHA loans
- what REALLY goes in to owning rental properties - a step-by-step
- Unconventional ways to finance your first home
- Leveraging your Twitter audience
Key Takeaways:
- The two biggest tings holding people back from generating wealth through real estate are lack of knowledge and fear.
- Set yourself up for an early retirement by investing in real estate and earning a passive income to replace your W2 job.
Connect with Gaetano Ciambriello:
- https://lanternpointconsulting.carrd.co/
- https://www.instagram.com/gciams/
- https://twitter.com/GCiams
- [email protected]
- https://www.youtube.com/@gaetanociambriello/featured
- Book a call: https://www.gciams.com/gaetano-ciambriello
Connect with Joel Farrell:
- www.joelfarrellloans.com
- [email protected]
- https://www.linkedin.com/in/joelfarrellvaloans/
- https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featured
- https://www.instagram.com/strivefor25_/
- https://www.instagram.com/jomifa8301/?hl=en
Audio and show notes by
Skool Guide: https://www.skool.com/strive-for-25-1965/classroom
Youtube Episode: https://youtu.be/AstrTNZMEec?si=payTCkaKFRv29Znv