19: Net Worth of 5.1M - No Nonsense Landlord

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8 • 872 Ratings

🗓️ 5 March 2018

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Eric has a current net worth of over five million dollars which is evenly split between real estate and financial securities. He worked a corporate W-2 job (IT at a bank) until he was 50 years old. Following which, he transitioned to real estate investing full time. He now owns and self manages 25 units split among fourplexes, duplexes, and one single family home - all purchased in the last nine years. He provides great advice on not only how to get started investing, but also when to choose real estate.

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to the Millionaires Unveiled Podcast, where you'll hear the stories and
0:06.0	interviews of everyday millionaires.
0:09.1	We'll unveil their decisions, their strategies, and their current portfolio allocation.
0:15.0	Now to your hosts, Clark Sheffield and J.S. Matinson.
0:20.0	Welcome to the Millionaires Unveiled Podcast. Before we get into the show, I just want to go over a few things. If you'd like to be on the show, send us an email at Millionaires
0:32.3	unveiled at gmail.com.
0:35.0	Also check us out on Facebook under Millionaires unveiled and we have some new things on
0:39.7	the website at millionaires unveiled dot com as well as on Twitter
0:45.2	Also we're closing on some deals in the multifamily space here shortly and if you'd like to
0:51.8	To talk with us about those,
0:53.7	send us an email, Millioniers Unveale at gmail.com.
0:57.6	Today on the show we have Eric, and Eric's net worth
1:00.5	is just over 5 million. He started out working a W-2 job and worked there until he was
1:06.3	in his mid-50s, made six figures, had a pension, 401k plan, match, bonus bonus you name it and then he decided to go into real estate and is up to over 25
1:20.0	Doors now and it's continued to grow his real estate portfolio and just loves living the life that he is living now
1:27.1	So without further do let's get right into the show with Eric
1:30.2	Welcome to Millionaires unveiled today.. Today we have Eric with us.
1:33.6	Eric will you just give us a little bit about your background and what you're up to today?
1:36.8	Sure, well today it's, you know, I'm a real estate investor.
1:41.5	I used to work a full-time job up until July 5th of 2016.
1:46.0	I slowly started investing in real estate a few years ago and I'm up to 25 renters at this point. I have five four plexes, a couple duplexes,
1:56.5	single family house and a single family house I'm actually rehabbing at this point so it's a major
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jace Mattinson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jace Mattinson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.