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Jake & Gino: Real Estate Investing & Multifamily

How To Create a Family Legacy | How To with Gino Barbaro

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Commercialrealestateinvesting, Realestateinvesting, Cashflow, Smartinvesting, Apartmentinvesting, Investingsmart, Management, Buyingrealestate, Entrepreneurship, Business, Realestateinvestment, Multifamilyrealestateinvesting, Makingmoney, Buyingapartmentbuildings, Jakeandgino, Investing

4.9842 Ratings

🗓️ 6 February 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Join Gino Barbaro, co-founder of Jake and Gino, as he shares insights on creating a family legacy with real estate. Discover practical tips for involving your family in your business, teaching financial literacy, and making smart investments. Whether you're planning for your children's future or looking to leave a positive mark on the world, this video offers valuable guidance.   Learn About: Family involvement in real estate Financial literacy for kids Real estate as a business Estate planning essentials   Explore More: Visit www.jakeandgino.com for resources on real estate investing and personal development.   Contact Gino: For inquiries, email gino@jakeandgino.com.   Subscribe for weekly insights on real estate and financial intelligence.   #RealEstateLegacy #FinancialLiteracy #JakeAndGino #FamilyLegacy #FamilyWealth

Transcript

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0:00.0

Hello and welcome. My name is Gino Barbera, one of the co-founders of Jake and Gino.

0:04.0

And in this how-to video, we're going to be discussing how to create a family legacy in real estate.

0:11.0

Now, this topic to me is near and dear because I have six children.

0:16.0

And more importantly, I have six children who I want to raise properly, who I don't want to raise, who feel as if they're entitled.

0:26.1

I just don't want to create all this wealth and be able to hand it over to them and say, here you go, kids, I work my butt off.

0:33.0

This is all yours. Enjoy all this money.

0:35.3

I obviously want them to enjoy it, but I want them to understand

0:39.7

what it took to make it. And I want them to go out and to create their own world. So that's

0:46.3

what this how to is really about. And even if you don't have a family, if you don't have children,

0:51.8

as you're building your empire, you still have a legacy.

0:55.0

There's still so many things you can do to help create that legacy.

0:59.0

Who do you want to leave your money to?

1:00.7

Do you want to leave it to a charity?

1:02.2

Do you want to leave it to another family member?

1:04.4

Where does that wealth go?

1:06.3

And how do you want to be remembered?

1:08.2

So the very first thing that I would say with my kids is I tried to include them in the business.

1:16.3

When I was the pizza guy, I remember often bringing them into work with me, exposing them.

1:23.3

And that's what happened with me when I was a young kid.

1:25.0

That's how I got into the restaurant business.

1:27.1

My father would bring me at a young age.

1:29.5

I was eight years old going into the kitchen, working with him as an eight year old.

...

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