How Values-Based Decision Making Provided Us Clarity On When To Sell One Of Our Multifamily Properties
Jake & Gino: Real Estate Investing & Multifamily
Jake & Gino
4.9 • 842 Ratings
🗓️ 29 September 2021
⏱️ 25 minutes
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| 0:00.0 | Hello, everybody. Welcome to the 100-year real estate investor. We're your host, Jake and Gino, |
| 0:11.2 | and this is the show dedicated to long-term personal financial engineering. GEDA, how's it going? |
| 0:16.8 | Beautiful sunny day in St. Augustine, a little bit of a chill out in the air, 75 degrees. |
| 0:21.4 | Got a cold front moving through, Stensie. How you doing? |
| 0:23.5 | Hey, we got the same thing going on up here in Tennessee, man. |
| 0:26.2 | If you're just living the dream, beautiful weather, beautiful economic climate. |
| 0:29.9 | You know how we're doing it. |
| 0:30.9 | You know exactly what's going on here. |
| 0:32.2 | So, Gino, we recently exited a property, and this was based on values based decision making. What's going on |
| 0:41.2 | with that? We don't like to sell stuff. What's going on here? Jake, this is a challenging one for us because |
| 0:46.7 | in the beginning when I first met you, if I had said to you, Jake, we're getting together because of |
| 0:51.4 | values based decision making. You'd be like, are you an idiot? |
| 0:54.4 | What are you even talking about? But this is the crux of life, everybody. Every decision that I look |
| 1:00.8 | back on investing-wise that I've made or any decision personally in life that I've made that I've made a |
| 1:06.9 | mistake on or I've gone off the rails is because I never really flushed out our values. |
| 1:13.5 | Now, as everyone's listening to this, just close your eyes real quick for me. You too, Stensie. |
| 1:17.7 | What are your values? Have you ever stopped and thought about what your values are? |
| 1:22.5 | I can't tell you what your values are. You need to understand what your values are. |
| 1:26.5 | And once you you got a big |
| 1:27.9 | grasp of what they are, let's start living by them. Haven't had you paint a picture yet. You |
| 1:32.6 | cheated. You opened your eyes. You know what your values are. Hold it. Hold it. We have our core |
| 1:37.4 | values fleshed out. People first make it happen. Growth mindset, unwavering ethics, extreme |
... |
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