How Values-Based Decision Making Provided Us Clarity On When To Sell One Of Our Multifamily Properties

“Life shrinks or expands in proportion to one's courage.” - Anais Nin In this episode, Jake and Gino discuss how values-based decision making has impacted a tough choice they had to recently make in their real estate investing business.  They recently sold a multifamily property in Louisville, KY, which is a rare occurrence as they typically like to hold assets for the long term. There were some changes in the state of Kentucky that did not align with their values. George Washington said “Freedom and Property Rights and inseparable. You can’t have one without the other.” We value freedom and property rights and therefore, it was time for us to walk away. We challenge you to begin creating core values for your business, if you haven’t already. If a situation arises that is not in alignment with your values, then you can act on it and continue to live by those values.   Key Insights: 00:00 Introduction 01:00 Why values-based decision making 02:01 Non-alignment with your core values can cost you dearly 03:42 How to figure out your core values 06:18 How Jake & Gino apply values-based decision making in their Multifamily deals/transactions 11:40 The 100 Year Mindset 14:38 “Life shrinks or expands in proportion to one's courage.” - Anais Nin 19:15 Your happiness with your spouse is most important 21:10 You need clarity to design your life 23:20 “We see the world, not as it is, but as we are──or, as we are conditioned to see it.” - Stephen R. Covey Check out the podcast to learn how values-based decisions can help you transform your life too. Additional resource: Why Values-Based Decision Making with Rick Sapio: https://ytube.io/3M3a 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 100 Year Mindset can help you create consistent cash flow income streams and long-term generational wealth, get in touch with our Team now: https://100yearrei.com/callnow/ 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. 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.