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Jake and Gino Multifamily Investing Entrepreneurs

How To HEal Your Relationship With Money To Invest IN Apartments | How To 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

🗓️ 26 February 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

In this episode of Jake & Gino's How-To Series, Gino Barbaro breaks down the five money personas and how early experiences with money may be shaping financial decisions without you even realizing it.

Transcript

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0:00.0

Hello and welcome.

0:12.1

My name is Gino Barbera, one of the co-founders of Jake in Gino.

0:15.8

And in this how to lesson, I really want to dive into how you can start healing your relationship with money.

0:24.6

Now, that may seem like a weird topic or a topic that has nothing to do with investing in

0:30.5

real estate and investing with apartments. But what I've found over the last 15 years or so of coaching and being part of the Jake

0:40.7

and Geno community and seeing some members just crushing it and other members not.

0:47.9

You can take two members, have the same skill set, have the same amount of money, have the

0:53.8

same goals, have the same talents.

0:57.5

One does really well and one doesn't. And why is that? Or where can you trace that back?

1:06.1

To me, it has a lot to do with mindset. It really does. Having a fixed mindset versus the growth

1:10.4

mindset. But more importantly, it has to do with mindset. It really does. Having a fixed mindset versus the growth mindset. But more

1:11.6

importantly, it has to do, in my opinion, and especially in my story as well, to the relationship

1:20.0

that you have with money. I've heard a lot of people when they talk about apartments, they say,

1:26.6

oh, I can't afford that. It's too big. That's

1:29.0

just for rich people. I need to start with single families. I need to start with something

1:33.3

smaller. Now, there's nothing wrong with that mindset. In fact, that's where I started, because

1:38.7

that's what I thought is where you needed to start. That was my relationship with money,

1:43.3

with scarcity, maybe a little

1:46.1

bit of fear, maybe not knowing what money really was, not having enough value to be able to

1:53.8

attract money or to attract those deals. That's the problem. People, when they join a lot of times in our community, they've got that mindset that who owns these apartments? How do I get the money for the apartments? They're asking the wrong questions. If you have a healthy relationship with money, money is not the problem. The problem really is you don't know what you're doing when you're

2:18.6

starting to buy apartments. It's not buying a single family home. There are certain skill sets you need

2:23.1

to learn. So if you have a terrible relationship with money, you're saying to yourself,

...

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