Jake and Gino Multifamily Investing Entrepreneurs
Business:Investing
Welcome to another enlightening episode of the Jake and Gino Podcast. Today, host Gino Barbaro is thrilled to have Jaren JD Sustar, a remarkable real estate investor and the vibrant host of the Finance Cowboy Show. By 30, Jaren flipped his financial script from being $100,000 in debt to building a net worth of over a million dollars through astute real estate investing. Now, he's on a quest to help others achieve financial freedom.
Takeaways:
Increase your income and reduce expenses to overcome debt.
Focus on experiences and relationships rather than material possessions.
Seek mentors and network with successful individuals in the real estate industry.
Take action and overcome fear to start your real estate journey. Building a strong relationship with your spouse is crucial when pursuing financial goals. It is important to communicate effectively and paint the picture of your financial vision.
After buying your first rental property, the next step is to continue investing and scaling your portfolio. The BRRRR strategy, which involves buying distressed properties, rehabbing them, renting them out, refinancing, and repeating the process, can be a powerful method for growth.
Raising capital for real estate investments can be done through family, friends, coworkers, and hard money lenders. Building a brand and showcasing successful deals can attract potential investors.
Leaving your job should be a thoughtful decision based on your financial situation and personal fulfillment. It is important to create autonomy and have the optionality to choose whether to continue working or pursue other interests.
Reading books on personal finance, real estate, and business can provide valuable knowledge and insights for building wealth and achieving financial freedom.
Looking forward to the future, it is important to enjoy the fruits of your labor and focus on increasing your present happiness and fulfillment.
Chapters:
00:00 Introduction
01:12 Starting with Debt
03:16 Increasing Income and Reducing Expenses
04:31 The Impact of Spending Habits
05:23 Finding Motivation to Overcome Debt
06:19 The Role of Material Possessions in Happiness
09:01 Entering the Real Estate Journey
10:17 The Influence of Mentors
11:21 Paradigm Shifts in Real Estate
13:11 Preparing for Real Estate Investment
15:17 Building a Financial Foundation
18:32 The Importance of Accountability and Mentorship
21:12 The Time and Patience Required for Real Estate Success
22:21 Building Trust and Alignment with a Partner
23:14 Difficult Conversations about Debt and Spending
23:21 Building a Strong Relationship with Your Spouse
26:50 Painting the Picture for Your Spouse
26:57 The Next Step After Buying Your First Rental Property
31:20 Raising Capital and Building a Brand
34:33 Leaving Your Job and Creating Autonomy
38:29 Book Recommendations
39:20 Looking Forward to the Future
41:09 Gino Wraps It Up
How To Avoid The Entrepreneurial Burnout | How To with Gino Barbaro
Navigating the Multifamily Housing Market with CTC Capital Management | Jake and Gino Podcast
From Tech Sales to Real Estate Scale: JP Albino’s Multifamily Mastery | Movers and Shakers with Gino Barbaro
The Good The Bad The Ugly of Syndication | How To with Gino Barbaro
Making More Leaders: Professional Purpose & Greatness with Vamsi Polimetla | The Jake and Gino Show
Swapnil’s Swap Meet Trading Challenges for Triumphs in Real Estate | The Jake and Gino Show
How To Use the Three Pillars of Real Estate To Limit Downside Risk | How To with Jake and Gino
From Learning Curves to Landmark Successes with Bernard Pearson | Movers and Shakers with Gino Barbaro
Corporate Transparency Act 2024: Impact on LLCs | How To With Gino Barbaro
Mastering Taxes and Entity Structures with Preston Anderson | Jake and Gino Show
Inconvenient Parenting With Melissa Hannigan | The Julia and Gino Show
How To Negotiate Your Next Multifamily Deal | How To with Gino Barbaro
4 Metrics For Growing your Multifamily Portfolio the Right Way | The Jake and Gino Show
From Healing to Houses: How a Nurse Built a 158-Door Real Estate Empire with Zoey Newcomb | Movers and Shakers
How The Fed's Decision To Hold Rates is Going To Affect Real Estate | How To with Gino Barbaro
How To Create a Impactful Brand To raise Capital For Your Multifamily Business | How To with Gino Barbaro
You're Not The Hero: Sales & Marketing and Storytelling with Stacy Havener | The Jake and Gino Show
From Spanish Teacher to Multifamily Investor with Nico Salgado | Movers and Shakers
How to Assess Risk in A Multifamily Deal | How To With Gino Barbaro
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast