Building a Real Estate Legacy with Gino Barbaro | EP182
Description
Gino Barbara is a real estate entrepreneur, he has grown his portfolio to over 350 million in assets under management and is teaching others how to do the same. Gino Barbaro is the co-founder of Jake & Gino, a multifamily real estate education company that offers coaching and training in real estate founded upon their proprietary framework of Buy Right, Manage Right & Finance Right
In this episode, we talked about:
- Government and Economic Policies
- Gino’s View on Financial Intelligence
- Real Estate Investment Challenges
- Happy Money Concept
- Real Estate Market Reactions
- Wealth Building through Real Estate
- Purpose-Driven Financial Goals
Useful links:
https://www.linkedin.com/in/gino-barbaro-03973b4b
https://jakeandgino.com/
Transcription:
Jesse Fragale (00:01 .767)
Ladies and gentlemen, my name is Jesse Vergali and you're listening to Working Capital, the real estate podcast. Our returning guest today, Gino Barbaro, as a real estate entrepreneur, he has grown his portfolio to over 350 million in assets under management and is teaching others how to do the same. We could do a long -winded introduction here, but we've done it before and let's get it from the horse's mouth. Gino, how's it going?
Gino (00:23 .35)
I'm doing good, Jesse. How you doing, brother?
Jesse Fragale (00:25 .509)
I'm doing great. It's been a while. I think over a year since we last spoke. So I'm really excited to talk about what's going on in your corner of the world. In terms of where you're recording today, are you still in Florida? Do I have that
Gino (00:40 .182)
Yes, I'm still living in St. Augustine, Florida. I would not leave it for the world. Best place on the planet to live, in my opinion.
Jesse Fragale (00:47 .281)
So from, what was it, pizzas, pizzas on the East coast and now in Florida in the sun.
Gino (00:51 .342)
Yeah. It's been a big transition. used to live in New York. I left back in 2017. I have six kids. So the kids were the older kids and the younger kids loved it. The two in the middle were like, Dad, what are you doing? You're killing me. Took them a couple of years. But then when COVID hit, everything changed. We're living in the land of freedom down in Florida. And they're like, OK, Dad, now I see why you moved down here. Then I started talking to them about property taxes and about no state income tax. And they're like, how much are you saving?
Why didn't you move sooner, dad? I said, I didn't know. What you don't know, you don't do it. So we love living down here, Jesse.
Jesse Fragale (01:25 .339)
Yeah, we're just joking before the show about kind of the Canadian environment versus, you know, Florida obviously being a red state, very different, different experience being a landlord in that, in that state. So we haven't talked like I said, from the outset in a little while. So why don't you give us an update? You know, what, what's going on in your world right now in terms of, you know, what you're seeing in the market and the deals you're working on. I know
Gino (01:33 .059)
Yes.
Gino (01:37 .035)
I
Jesse Fragale (01:53 .179)
from up north here, we see a lot in the news right now. You guys have kind of a crazy presidential run going on. There's the economies on the top of the list for a lot of business people and landlords. So what are you seeing out there and what's been going
Gino (02:08 .398)
Well, the first comment that I'd like to make is I never thought I'd have to go on X to get my news. I never thought I'd have to do that. And I'll tell you, Jesse, I was never