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355: Net Worth Of $6.5M - Finding Balance Between Investing & Spending; When Another Million Doesn't Change Happiness Levels

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Manage episode 415256241 series 1922999
Content provided by Jace Mattinson and CPA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jace Mattinson and CPA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Summary

Eric is a real estate investor with a net worth of $6.5 million. He is in his mid 40's and shares his journey from being an empty nester to building a successful real estate portfolio. He started investing in real estate after reading Rich Dad Poor Dad and gradually grew his portfolio over the past 18 years. Eric primarily invests in single-family properties, with a total of 55 houses and a 10-unit apartment building. He leveraged low interest rates to grow his portfolio and currently has a 50% loan-to-value ratio. Eric is now transitioning to more passive investments, such as real estate syndications, to enjoy a more hands-off approach and focus on lifestyle.

  continue reading

370 episodes

Artwork
iconShare
 
Manage episode 415256241 series 1922999
Content provided by Jace Mattinson and CPA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jace Mattinson and CPA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Summary

Eric is a real estate investor with a net worth of $6.5 million. He is in his mid 40's and shares his journey from being an empty nester to building a successful real estate portfolio. He started investing in real estate after reading Rich Dad Poor Dad and gradually grew his portfolio over the past 18 years. Eric primarily invests in single-family properties, with a total of 55 houses and a 10-unit apartment building. He leveraged low interest rates to grow his portfolio and currently has a 50% loan-to-value ratio. Eric is now transitioning to more passive investments, such as real estate syndications, to enjoy a more hands-off approach and focus on lifestyle.

  continue reading

370 episodes

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