buying assets. That's really important. Is that the type of asset that you want to leave for your

legacy? Don't only focus on creating generational wealth, legacy wealth. Hello and welcome. My name is Gino Barbero, one of the co-founders of Jake and Gino. And in today's lesson, we're going to be discussing how you as an investor can start building a legacy, a portfolio based on possibly handing it off to the next generation.

Now, as I started Jake and Gino years ago, I would always hear from investors.

I want to build a portfolio, generational wealth, generational wealth.

And I started to think to myself, is that what people truly want?

Or is that what they've heard?

Because I can tell you, we've bought a lot of deals from people who wanted to create generational

wealth and give it to their kids.

And their kids wanted nothing to do with it.

And then we became the recipients of a good deal.

And that generation just went by the wayside.

What I would say about that is that should be

one of the goals. You're buying these assets for the long term. That's how you create wealth,

not by buying these deals and flipping these deals, but I would also push back. Don't only focus

on creating generational wealth, legacy wealth. Focus on creating the skills and the business

acumen to teach the next generation about business and about real estate. Great, you're buying

these assets. If you hand it off to the next generation, they're not financial stewards. They have

no idea how you got them.

How are they going to continue to hold them? That's the important thing. So I want to focus on that

in this lesson today, how to build a portfolio that you can be able to handle off to the next generation.

Now, if you're on YouTube, I'm holding up the book here, happy money,

happy family, happy legacy. If you want a copy, PDF copy sent to your inbox, email, just email

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