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Jake and Gino Multifamily Investing Entrepreneurs

“Long-Termism” 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

🗓️ 19 January 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

On this episode, Jake and Gino talk about the concept of “Long-Termism” and what it means to have a long-term mindset around your personal financial planning. Long term financial planning can pay you back in the form of legacy wealth and skills. It is about values that you carry with you, that guide you to reach your financial goals. What you want to avoid is the opposite- the ‘Shiny Object Syndrome.’ This short-term mindset neither lets you think in terms of legacy wealth nor lets you become the master of any trait. Age doesn't matter but mindset does in long-term-ism. Quick Tip: Read 'The Honey Bee'. The book is one of Jake and Gino’s most recommended business parables to add to your reading list. It is packed full of advice that you can actually use in your journey to become an entrepreneur and to grow your personal wealth: https://jakeandgino.com/honeybee/ Key Insights: 00:00 Introduction 02:00 Long-Termism demands you to take responsibility for your financial legacy 03:51 Education x Action= Results 06:30 Take care of yourself first, to have impact on others 09:01 Having a long-term mindset in multifamily real estate business 13:00 Shiny Object Syndrome 15:33 Age doesn't matter, but mindset does matter 18:20 Acquire legacy skills 19:20 Wrap-up Check out the "Honey Bee" book on our website: https://jakeandgino.com/honeybee/ BONUS Resources: Download our eBook on how you can leverage on our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/ NEXT Step: If you want to learn more on why should add a cash value Whole Life Insurance Policy to your financial plan (and even the plan for your children), get in touch with our Team here: https://100yearrei.com/callnow/ About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-specially-designed-whole-life-policies/ About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $100,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs. #investingtips #investingstrategies #personalfianance @wealthbuilding Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/

Transcript

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0:00.0

Everybody, Jake and Gino here.

0:08.7

And today we're discussing how to find multifamily deals.

0:16.0

Part 1, G Daddy.

0:17.3

How we doing today?

0:18.2

Mrs.

0:18.6

Stenziano, I'm doing great.

0:19.8

Love the shirt.

0:21.5

Always making it happen for you, big man.

0:23.6

And Gino, there are two main paths to getting deals in multifamily investing.

0:30.9

What's the first one?

0:32.6

The first one, listen up, everybody.

0:36.4

Do not be Jake and Gino when they first started out. The bull in the

0:42.3

China shop running around and thinking that the broker was the most important team member.

0:47.9

Your broker going through that multifamily broker, over 90% of the deals listed and gets sold are from multifamily brokers.

0:57.3

So that is the first path, Jake.

1:00.4

All right, gang, we have a Jedi roadmap to uncovering deals with multifamily brokers.

1:06.6

That's right, Mr. Yoda.

1:07.8

That is right.

1:09.0

And I'm going to tell you right now, the first one, the first step to this roadmap is

1:14.3

systematizing the relationship with a CRM so you're making contact with that broker every

1:20.0

30 days.

1:21.3

Okay?

...

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