4.8 • 872 Ratings
🗓️ 15 November 2021
⏱️ 48 minutes
🧾️ Download transcript
Nick has a current net worth of over one million dollars, of which 65% is invested in single family real estate. He has five single family rentals and a primary residence. Once paid off, the homes should cash flow about 60K annually. Three of the rentals are former primary residences. Nick discusses property management and the tools and systems he uses to manage successfully. He also walks through a typical deal including the purchase price, mortgage amount, monthly payments, and cash flow.
https://forms.gle/XAGyrWhZGzjqRtgt6
Click on a timestamp to play from that location
0:00.0 | Spend less than you make. You don't need the new car. Yeah, and buy a duplex before you have a family. |
0:08.0 | Those are the things that I'd at least tell myself, you know, because those two things, three things would have probably made a difference earlier in my life. |
0:19.0 | You're listening to the Millionaires Unveiled Podcast, where you'll hear the stories and interviews |
0:25.2 | of everyday millionaires. We'll unveil their decisions, their strategies, and their |
0:31.8 | current portfolio allocation. |
0:34.4 | Now to your hosts, Clark Sheffield and Jace Matinson. |
0:38.8 | Welcome back to another episode of the Millionaires and Vell |
0:44.3 | podcast this is episode number 212 Clark how's it going what's going on your |
0:47.7 | world do you nothing much what's going on with you Thanksgiving coming up happy |
0:51.3 | Thanksgiving yeah man we're to see some supply shortages with Turkey. I've read a few articles, man. You better get your turkey early this year. |
0:58.4 | Oh, really? I actually haven't read that. What are they saying? I think there's going to be a little bit of a |
1:04.6 | shortage with some of the normal fixings for Thanksgiving you know whether it's |
1:08.3 | turkey or stuffing or whatever it's gonna there's going to be some empty shelf so get your rolls get your |
1:14.2 | turkey whatever you want for Thanksgiving you might want to get it early this year |
1:18.0 | before it runs out but that doesn't affect you because you do brisket right that's |
1:21.9 | right man you know what I ordered my |
1:23.5 | brisket several weeks ago so I'll be picking up my brisket here I think on the |
1:28.0 | 19th or the 20th. Nice that's awesome. Yeah hopefully they didn't run out |
1:32.2 | and didn't tell me but they took my money already so I think I'm good. |
1:35.8 | I order it from Franklin here in Austin so it's a good tradition. |
1:40.1 | We still do a little bit of Turkey usually but that's my wife's prerogative. |
1:44.2 | I always got to have my brisket for Thanksgiving. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2025.