On this episode, Jake and Gino talk about the essential personal finance skills that one needs to develop in order to achieve financial independence and build generational wealth. Gino explains how he utilized his Whole Life policy for real estate investing and why it is an imperative part of his Financial Plan.

Key Insights:

00:00 Introduction

00:25 How Gino developed his personal finance skills

01:10 The Richest Man in Babylon

01:30 Do this if you want to become successful

01:58 Using Whole Life Policy as emergency corpus

03:05 Save for an investment that will pay for an event

04:44 Protect your assets

06:01 Don't always chase IRR (Internal Rate of Return)

07:46 Find your niche

08:16 Think long term

09:20 Be a producer

09:45 How Gino invested in real estate using his Whole Life policy

14:18 Term insurance vs. Whole Life

Download our eBook on how you can leverage on our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/   

If you want to learn how you can begin to leverage a cash value Whole Life Insurance Policy to invest in real estate, create consistent cash flow income streams, and long-term generational wealth, get in touch with our Team here: https://100yearrei.com/callnow/

We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M 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 on the social media platform you are most active on: https://jakeandgino.com/link-tree/