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Jake and Gino Multifamily Investing Entrepreneurs

Should I Invest in Real Estate or My Business | 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

🗓️ 18 December 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

In this special "how-to" video, Gino Barbaro, co-founder of Jake and Gino, tackles one of the most critical questions entrepreneurs face: Should you invest in real estate or double down on your business? Samuel from Stuart Painters posed this question on Instagram, and Gino shares his invaluable insights based on his own experiences of transitioning from running a restaurant to building wealth through real estate.

Transcript

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0:00.0

Hello and welcome. My name is Gino Barbera, one of the co-founders of Jake and Gino, and in this

0:04.5

important how to, we've got a question from somebody on Instagram. They wanted to know if I should

0:11.8

invest in real estate or I should double down in my business. Now, that question is from Samuel,

0:17.1

from Stuart Painters. And to me, it's such an important topic. It's actually, I like to say,

0:22.9

it's near and dear. And that's what over the last 15 to 20 years has been the struggle in my life.

0:28.7

Should I double down in my restaurant business, try to scale that business, or should I take

0:33.6

some of the profits and some of the money from that business and invest in a real estate.

0:38.1

And thankfully, for me, I decided, hey, the restaurant was more of a transactional.

0:43.5

It was very hard for me to build equity and to really scale that business.

0:46.9

I took a lot of the profits there and I put it into real estate.

0:51.3

As you're listening to the podcast, if you want to get premium content,

0:56.9

I want you to subscribe to the Jake and Gino channel on YouTube.

1:01.0

Hit that subscribe button. Every week, we release premium content. We do a weekly masterclass

1:06.6

with our Jake and Gino community. That's only to the Jake and Gino community.

1:10.0

If you want to get

1:11.0

access to that, I want you to subscribe to our YouTube channel and you will get access. Now,

1:16.4

to really get specific to the question of Samuel, should I put more money into my business. He's got

1:23.1

a painting business. Should I really try to scale that? Or should I take some of that money, some of the

1:28.2

profits, and diversify and put it into real estate? My answer is, why not do both? I think if you

1:37.4

look at most people who are wealthy in this country, they either own businesses, they have a really

1:43.7

high paying job. They have a really high paying job.

1:44.7

They have a really unique skill set as far as a surgeon, as far as an attorney, as far as an inventor,

...

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