
WBP - The Wealth Roadmap with Jake & Gino
Jan 2, 2020
50:11
- Produce at your W2 job or business to earn & save money. Save your additional income to invest.
- Begin to educate on investing & changing the mindset (Education X Action = Results).
- Join mastermind groups, communities & attend events.
- Become a producer, not a consumer.
- Purchase assets that produce a yield.
- Get into a better tax position.
- Reinvest the yield into other assets. (Refi & Roll)
- Pay off all personal debt to create snowball.
- Keep snowball rolling & move to fulfill soul purpose.
- Give back.
Tips:
- Create home budget.
- Plan your weeks.
- Create yearly goals.
- Put aside emergency fund of $1,000.
- Put aside 3-6 months of income.
- Properly insure yourself. Insure for the catastrophic, not the consequential. Look at all coverages, and your investments to make sure you are maximizing them.
- Take control of your credit score.
Subscribe to our Youtube Channel for lots of great content!
Get The Honey Bee for $0.99 on Kindle!
We're here to help create real estate entrepreneurs...
About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino here --> https://jakeandgino.com.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
