This is the show dedicated to long-term personal financial engineering. In this episode, Jake and Gino talk on how to develop an investor mindset.
The key takeaways from this Podcast include the following:
Stay in your lane. Be dedicated to the business you choose and learn about all the key aspects of that business.
When partnering with syndicators or small developers, make sure there is an alignment of interest and core values.
Debt is cheap at present and people may be overpaying for real estate.
Always look for demand in a market. If the demand exceeds supply, the market would soon be overheating.
Communicate with your contractors, vendors, investors, employees and all the stakeholders on a consistent basis. This would help chalk out plans and move ahead more cohesively.
Transactions pay the bill, Equity makes you rich.
Don’t get carried away with the Shiny Object syndrome.