# The Problem With IRR in Real Estate

Page: https://stenobird.com/podcast/jake-gino-real-estate-investing-multifamily-174309/the-problem-with-irr-in-real-estate
Text version: https://stenobird.com/podcast/jake-gino-real-estate-investing-multifamily-174309/the-problem-with-irr-in-real-estate.md
Podcast: [Jake & Gino: Real Estate Investing & Multifamily](https://stenobird.com/podcast/jake-gino-real-estate-investing-multifamily-174309)
Published: 2026-08-31T11:30:00+00:00
Episode link: https://www.jakeandgino.com
Audio file: https://pscrb.fm/rss/p/injector.simplecastaudio.com/790607cd-2f61-491f-b43f-7ecbef753886/episodes/146cc945-670b-457d-b1b7-3ad955a49081/audio/128/default.mp3?aid=rss_feed&awCollectionId=790607cd-2f61-491f-b43f-7ecbef753886&awEpisodeId=146cc945-670b-457d-b1b7-3ad955a49081&feed=NcnVPhBx
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JSON: https://stenobird.com/v1/public/podcasts/jake-gino-real-estate-investing-multifamily-174309/episodes/the-problem-with-irr-in-real-estate
Duration seconds: 3235

## Resource

In this episode from the Jake & Gino Podcast, John challenges the way investors use Internal Rate of Return (IRR) to evaluate real estate deals. His argument? IRR relies heavily on assumptions about future cash flows, exit values, and—most importantly—what the property's cap rate will be years down the road.

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## Transcript

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