How To Buy First Investment | How To with Gino Barbaro
Today, Gino Barbaro walks you through the critical steps to buy your first investment property like a pro. If you’re ready to invest but don’t want to make the same mistakes many new investors do, this is the episode for you!
Welcome to another episode of Jake and Gino’s How-To Series! Today, Gino Barbaro walks you through the critical steps to buy your first investment property like a pro. If you’re ready to invest but don’t want to make the same mistakes many new investors do, this is the episode for you!
In this episode, you’ll learn:
- How to lay a strong financial foundation before investing.
- Why mindset around money is critical to your investment success.
- The biggest mistake Gino made with his first property and how to avoid it.
- Choosing the right investment vehicle (multifamily anyone?).
- Smart strategies for using debt to fuel your investment portfolio.
- Why every property is a small business and how to treat it that way.
Key Takeaways:
- “Money doesn’t corrupt; it reveals” – Gino explains how your relationship with money influences your investment decisions.
- Start by choosing your vehicle (stocks, real estate, etc.), saving money, and investing it wisely.
- Understand the power of using debt responsibly to grow your portfolio.
- Exit strategies are key: Learn when to cash in on equity, refinance, or hold long-term.
Top Advice from Gino:
- Build a solid financial foundation before investing.
- Write down one word that defines how you feel about money. Your mindset matters!
- Pick your investment vehicle and dive deep into it – start with multifamily if you want long-term success.
- Use debt strategically to maximize your returns.
- Always have an exit plan for each deal!
Timestamps:
00:00 – Intro: Gino’s Real Estate Investment Journey
02:00 – Money Mindset: How Your View of Money Shapes Your Future
04:00 – Building Your Financial Foundation for Success
07:00 – The Power of Picking the Right Investment Vehicle
10:00 – The Role of Debt in Smart Investing
12:00 – Exit Strategies: Knowing When and How to Cash Out
Ready to start your investment journey? Reach out to Gino and the team for guidance on how to build your real estate portfolio: Call us at 865-800-3905!
Looking for more tips and strategies? Subscribe and hit the notification bell to catch our next how-to guide and dive deeper into the world of real estate investing! Don’t miss out on learning how we’ve helped 100+ investors leave their W-2 jobs and close over 86,000 units!
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