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

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

FromMillionaires Unveiled


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

FromMillionaires Unveiled

ratings:
Length:
41 minutes
Released:
Apr 29, 2024
Format:
Podcast episode

Description

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.  
Released:
Apr 29, 2024
Format:
Podcast episode

Titles in the series (100)

Millionaires Unveiled interviews and tells the stories of everyday millionaires. We provide detailed insight into their investing strategies and current portfolio allocation. How did they get started? What decisions did they make along the way? How has their portfolio allocation changed, and what are they doing now to not only keep, but also grow, their highly sought after "millionaire" status? From these extensive and thought provoking interviews, you'll be able to assess your current portfolio allocation, learn investing strategies, and join the fast track to financial success.