From Fishing Boat to Fortune: Lane Babin’s Journey in Real Estate | Movers and Shakers Podcast
Welcome to the Movers and Shakers Podcast! In this episode, Gino Barbaro talks with Lane Babin, a former environmental consultant who pivoted to real estate in 2021. Just three years later, Lane owns 55 single-family rentals, serves as GP for a 77-unit multifamily project, and inspires others toward financial independence.
In this episode, Gino Barbaro chats with Lane Babin, a former environmental consultant turned real estate investor. After spending 17 years in corporate, Lane took a life-changing plunge into real estate in 2021. Fast forward three years, and he’s amassed 55 single-family rentals, taken on a GP role for a 77-unit multifamily project, and has become a beacon of motivation for those looking to achieve financial independence.
Together, Lane and Gino delve into Lane’s journey, starting from his very first spark of inspiration (spoiler: it involved a fishing boat sacrifice!) to his unique “Buy Right, Manage Right, Finance Right” strategy that helped him make big moves in single-family and multifamily spaces. Lane talks openly about the challenges, his mindset shift after reading Rich Dad, Poor Dad, and the pivotal moment when his wife’s support became his greatest asset.
Key Moments Covered:
- Lane’s career shift from consulting to full-time real estate investing
- The inspirational mindset shift and support system behind his success
- Lane’s proven single-family investment strategies
- How Lane’s early deals laid the groundwork for a multifamily future
- Insights on balancing family, business, and personal growth
Chapters:
00:00 – Introduction
00:52 – Lane’s Career Shift to Real Estate
02:34 – How a Mindset Shift Transformed Everything
04:34 – Winning Family Support for a New Dream
08:45 – Balancing Single Family and Multifamily Investments
09:54 – Applying the Buy Right, Manage Right, Finance Right Framework
13:16 – The Role of Long-Term Financing in Real Estate
17:28 – Scaling Up with Mentorship and Support
19:03 – The 77-Unit Multifamily Deal
25:28 – Goals for the Next 3-5 Years
27:27 – Gino Wraps it Up
This episode is packed with actionable insights for aspiring investors and anyone seeking a path to financial freedom. Grab your earbuds and get ready for an inspiring conversation that might just change your perspective on real estate!
Connect with Lane:
- Facebook: Lane.babin
- Phone: 337-602-8881
- Website: selltobpp.com
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