Developing a Good Relationship with Money with Gino Barbaro

The Military Millionaire Podcast

Gino Barbaro: Developing a Good Relationship with Money with

Summary

Gino Barbaro, co-founder of Jake and Gino, shares his journey into real estate and the importance of building a solid financial foundation. He emphasizes the need to understand finance and how to make money work for you. Gino introduces the concept of 'baby money soldiers' and explains how every dollar that comes into your life should be treated with respect and deployed wisely. He encourages starting early and building the muscle of financial intelligence, regardless of the amount of money involved. Gino also highlights the significance of having a good relationship with money and making intentional financial decisions. In this conversation, David Pere and Gino Barbaro discuss their approach to education and investing in multifamily real estate. They emphasize the importance of aligning with the right mentors and communities, and the value of networking and learning from others. They also highlight the need for realistic expectations and the importance of understanding one's own relationship with money. They discuss the current state of the multifamily market and the potential opportunities that may arise in the future. Overall, they provide valuable insights and advice for those interested in getting started in multifamily investing.

Takeaways

Building a solid financial foundation is crucial for success in real estate and life.
Understanding finance and how to make money work for you is essential.
Every dollar that comes into your life should be treated with respect and deployed wisely.
Starting early and building the muscle of financial intelligence is key, regardless of the amount of money involved.
Having a good relationship with money and making intentional financial decisions is important. Aligning with the right mentors and communities is crucial for success in multifamily real estate investing.
Networking and learning from others can provide valuable opportunities and insights.
Having realistic expectations is important, and understanding one's own relationship with money can help make better investment decisions.
The multifamily market may present opportunities in the future, especially with potential drops in interest rates and the expiration of debt.

Chapters

00:00 Introduction and Background
02:00 Getting Started in Real Estate in 2008
07:32 Challenges in Financing and Raising Capital
10:53 The Concept of 'Baby Money Soldiers'
13:57 The Importance of Financial Intelligence
18:33 Starting Early and Building the Muscle of Financial Intelligence
20:26 Aligning with the Right Mentors and Communities
23:29 Potential Opportunities in the Multifamily Market

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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!

THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.

Keywords

Gino Barberow, Jake and Gino, multifamily, real estate, financial foundation, finance, money, baby money soldiers, financial intelligence, multifamily real estate, education, mentors, networking, realistic expectations, relationship with money, market opportunities