Wealthy people want to translate value and create impact on other people’s life, that’s what true wealth is. – Gino
On this special edition of the show, Jake and Gino discuss and share their wealth roadmap. They talk about mindset of wealthy, rules of money and what it is to be a multifamily real estate entrepreneur against being just an employee. They share their wisdom on how to become wealthy, through a roadmap.
Creating wealth is a game. Knowing the rules of the game of money can equip you with the best of skills to play it really well. True wealth is not about earning revenue but translating value and creating impact into people’s lives. Be responsible for the money you have earned. Let that money work for you through appreciating assets. Get out of the middle-class mindset, do not save for the event but save for the assets, to pay for life events.
02:06 Wealth is a game
05:42 Difference between rich class and middle class
09:46 Save money for buying assets, not for the event
14:48 How to get out of the comfort zone
20:51 Sacrifices come along with creating wealth
24:51 Multifamily is an amazing investment but it is also a business that you have control over
27:39 Do not depend on single stream of revenue
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Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $225,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs.
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