150: Net Worth of 1.5M - 38-Year-Old Immigrant with Four Rentals
Millionaires Unveiled
Jace Mattinson
4.8 • 872 Ratings
🗓️ 8 September 2020
⏱️ 42 minutes
🧾️ Download transcript
Summary
Peter has four rental properties and his primary residence (which he paid off in four years). Of the rentals, one is paid off and the others have healthy leverage ratios. He came to the United States at the age of 9 and has worked primarily for a cable network company. We discuss Peter's allocation (including 200K in his 401(k)), what brings him happiness, and his usage of solar panels. For a big chunk of his career, Peter made 30-50K and at times worked multiple jobs to get ahead.
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Transcript
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| 0:00.0 | We would go and pick grapes in the summertime. We were out of school. We didn't go to summer school. |
| 0:04.0 | We would go pick grapes and raisins, gathering raisins and all that stuff in California at that time. So seeing that, see my parents work hard has really kept me humble, grounded. |
| 0:14.8 | I think if you've never struggled, you never appreciate what you have, and I'm a firm |
| 0:17.6 | believer that everybody should struggle at one point in other just to keep them humble |
| 0:21.8 | because the life we have here is not the life |
| 0:24.3 | to other people lead in the rest of the world. People would die to come here and be the poorest people |
| 0:28.4 | in America versus the richest people in the third world country. |
| 0:37.0 | You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and interviews of everyday millionaires. |
| 0:41.0 | We'll unveil their decisions, their strategies, and their current portfolio |
| 0:47.0 | allocation. Now to your hosts, Clark Sheffield and Jace Matting Sin. |
| 0:55.0 | All righty, welcome back everybody to another episode of the Millionaires |
| 1:00.0 | Unveiled Podcast. |
| 1:01.0 | This is episode 150. |
| 1:04.0 | Almost three years of doing this, right? |
| 1:05.7 | What's going on? |
| 1:06.7 | It's pretty phenomenal. |
| 1:07.7 | Not a lot. |
| 1:08.7 | How you doing? |
| 1:09.7 | Good. So we've been reviewed. |
| 1:09.8 | I think we're close to, because we have a bunch in the pipeline, 200 millionaires I'd say right yeah I mean |
| 1:15.2 | some we haven't released yet and then obviously we've done you know several over the |
| 1:18.9 | years you know that we've released and a few that you know we haven't yet so yeah we got 200 plus |
... |
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