Feb. 20, 2024

422: Long-Term Holds Are The Path To Wealth Creation

422: Long-Term Holds Are The Path To Wealth Creation
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Once you turn a property into a profitable, cash-flowing asset, it makes sense to keep it indefinitely. If it’s built enough value, you can refi out and redeploy the capital into another asset and continue to benefit from the cash flow and appreciation on both assets. This is a repeatable process that builds multigenerational wealth. After years of trial and error, and investing in several valuable mentorship programs, Gino Barbaro has built an impressive, long-term multifamily portfolio with his partner Jake Stenziano in Eastern Tennessee. Gino also co-hosts the well-known Jake and Gino Real Estate podcast.