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Jake and Gino Multifamily Investing Entrepreneurs

Unlocking Financial Freedom with Real Estate: Insider Tips with Ed Parcaut

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

🗓️ 13 April 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

In this insightful interview, we sit down with Ed Parcaut, Founder and CEO of Lending for Living and author of the latest book, "Financial Freedom." Ed discusses his motivation for writing the book, citing the abundance of misinformation surrounding finance and the lack of basic financial education in our schools. He emphasizes the importance of understanding markets, finances, and appreciation and how it can impact our lives. Ed and Jake dive deep into the wealth gap between boomers and millennials, discussing the role real estate plays in bridging the divide. They analyze historic market rates, compare them to current rates, and explore the state of refinancing across the country. Ed also shares valuable insights into loan types and buying a home, outlining situations where people can take advantage of them. He sheds light on what to look for in a Mortgage Broker, helping viewers navigate the complex process of purchasing a home. Ed's book, "Financial Freedom: Building Personal Wealth Through Homeownership," further breaks down the process of owning property and creating a lifetime of wealth. Ed's expertise in real estate extends beyond the pages of his book. He hosts the Real Estate Jerky radio show, where he answers real estate questions, and also hosts the Inner Edison Podcast, covering all aspects of entrepreneurship. Tune in to this interview to gain a deeper understanding of real estate, finance, and entrepreneurship from one of the industry's most knowledgeable experts. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/ #mortgagebroker #financialfreedom #realestatemarket #realestateeducation #realestatetrends

Transcript

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0:00.0

Hello, Ray, this Jake Stunzzi.

0:08.6

I host, Jake and Gino podcast here with my co-host, a multifamily mentor, the coach, Chef,

0:11.8

the father, six, and best line author, The GDady.

0:14.7

Gino, Barbara, Gene, how's going?

0:16.1

Jake, I'm doing good today, Jake.

0:17.3

Look what I got in my hands here.

0:18.5

Big shout out.

0:20.0

We got the real estate jerky on,

0:21.5

but we also have Ryan's jerky here. I love this. Ricky'sjerky.com. Wicked garlic over here,

0:27.4

Jake. We've been talking about it, man, for the last 30 minutes. This is going to be a great podcast.

0:34.4

For me, what's going on in the economy right now, what's going on with the housing

0:38.2

right now, it's all intertwined, what's going on with interest rates, what's going on with

0:41.5

inflation. We're going to be talking about all of that. And we're going to be talking about Ed's

0:45.6

book, I think, which is really, really important about buying a home and becoming financially

0:49.5

free through buying a home. So, Jake, let it rip. Word to mother. As Gino said, today's guest is the founder and

0:55.1

CEO of Lending for Living, a proud veteran of the U.S. Navy and passionate about financial literacy

1:01.4

and real estate education. His latest book, Financial Freedom, breaks down how owning property can

1:07.9

create a lifetime of wealth. I completely agree with that. So without further ado,

1:12.9

Ed Parko, welcome to the show. Hey, thanks for having me. Hey, it is our pleasure. Let's get to know

1:19.3

each other again a little bit. Share us in your background and how you got started in business.

1:24.4

Let's see. So I'm originally from the Central Valley of California, which I, before that,

1:29.2

I was in Colorado. But I joined the Navy to see the world, got to see San Diego, went down there,

...

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