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Jake and Gino Multifamily Investing Entrepreneurs

How To Develop The Right Mindset For Multifamily | How To with Gino Barbaro

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

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

5831 Ratings

🗓️ 23 October 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

In this episode, Gino Barbaro, co-founder of Jake & Gino, breaks down the mindset shifts crucial for successful multifamily investing. Discover how understanding your relationship with money can unlock your investment potential. Gino covers the common money personas — saver, spender, avoider, investor, and gambler — and how each affects your ability to build wealth. Learn from Gino’s personal journey from a prototypical saver to a multifamily real estate investor, including actionable insights for fostering a healthy, wealth-building mindset.

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. And in this

0:05.4

how-to video, we're going to be discussing how do you get or how do you create the proper

0:12.9

mindset to start investing it in multifamily. Now, if you want to learn how to create a powerful

0:19.2

mindset and how to really become an excellent

0:21.6

investor, I want you to listen to this show because it's not just specifically for multifamily

0:26.3

investors. That's who Jake and I like to talk to. That's who we resonate with. But this can be for

0:30.9

anybody. And I think mindset is so powerful. And I think the first thing that you need to do,

0:37.0

if you're investing right now,

0:38.6

you're considering investing, don't think about the return. One of the biggest mistakes that I

0:45.8

see beginning investors make is what is a good deal or what am I going to get if I put $10,000

0:51.0

into this? The very first thing that we should all be doing if we haven't

0:55.8

is try to understand what our relationship with money is. Now, you may be saying to yourself,

1:04.2

what does that have to do with investing? It has everything to do with investing. You need to understand what type of persona

1:15.4

you have when it comes to money. Now let me explain real quick. There's several types of personas.

1:21.0

I'm going to go through them. And as I go through them, I want you to think to yourself,

1:24.9

well, who am I? You may be predominantly one type, but you also

1:29.2

may have other types. They may be overlapping. The first one is the saver. Now, I mentioned that one for

1:35.0

the first one because I was an M, the prototypical saver. As I grew up, I think you need to

1:41.3

understand this. You start creating your values and start creating your

1:44.8

personas in your life when you're younger. When you start hearing the people around you talking

1:48.8

about certain topics, your values are created from your family, from your friends, from what

1:53.7

you're listening to. When I was younger, both my parents, immigrants, they were constantly

...

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