4.8 • 872 Ratings
🗓️ 6 June 2022
⏱️ 38 minutes
🧾️ Download transcript
Seth is just 32 years old and has a net worth of 1.1M. Of the 1.1M, nearly 800K is in single family real estate; he has six rentals, four of which are paid off. Seth discusses his financial goals which includes passive income of 80K (currently 38K). He also talks about leverage and how he prefers to have paid for real estate over more real estate with leverage. Seth details what motivates him, including the desire to never experience financial hardship.
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0:00.0 | I mean early on I was really focused on the materialistic aspect of wealth accumulation and I was really focused on being wealthy. |
0:13.2 | I think a lot of times it's easy to get fixated on the numbers, |
0:16.4 | but I think the main thing is to keep your priorities in line. |
0:19.7 | And for me, that is faith, family, and then career. |
0:24.0 | And many times throughout my journey, |
0:27.3 | those things have gotten out of order. |
0:30.3 | And careers jump to the head of that list. |
0:32.4 | And I regret that and I want to make sure that I don't do that anymore and I would recommend that if you're focused on your benchmarks and you have your goals you're going to hit them. |
0:42.0 | You don't need to do it necessarily as fast |
0:44.9 | as you might have in mind. |
0:47.0 | And I think that slow and study generally |
0:49.6 | wins the race of life. |
0:51.8 | You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and |
0:57.0 | interviews of everyday millionaires. |
1:00.0 | We'll unveil their decisions, their strategies, and their current portfolio allocation. |
1:06.8 | Now to your hosts, Clark Sheffield and Jace Matinson. Welcome to Millionaires and Vailed Podcast. This is and 1 million split between some rentals and other asset classes probably one of the |
1:23.4 | youngest million not the youngest millionaire that we have had on the show. |
1:26.6 | So definitely looking forward to the interview with Seth. Last week we had Adam |
1:31.0 | she's a former accountant, counter financial advisor and business owner, |
1:33.7 | the net worth of 4.3 million split between business market and real estate. |
1:38.0 | Very similar to the guests we have this week with Seth. He's got quite the diversification. We've great conversation with Seth, he's got quite the diversification. |
1:43.4 | We have a great conversation with Seth this week. |
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