288: Net Worth of $10M+ - You Are the Sum of Your Experiences

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 3 April 2023

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

Lane has a net worth north of $10 million. 90% of it is in real estate. He is in his late 30's He started his career as a civil/industrial engineer and then started buying rental properties in 2009. By 2015 he had 11 units while maintaining his engineering career. He started investing in syndications then became a sponsor himself and now has been a part of over $2 Billion worth of real estate.

Transcript

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0:00.0	I think maybe part of that was you know the prudent upbringing of like you know tech stuff comes and goes but you know
0:06.2	building bridges laying concrete building culverts really never changes and I think that was the foresight was job security at the time.
0:14.9	Like I don't know. I think I just got lucky right because like I started in my 20s.
0:19.6	I was already kind of frugal and I just happened to put my money in the right places which was real estate and it wasn't an I'm not a huge fan of flipping houses all these
0:28.8	birth strategies to me that's what you do when you're you don money, right? I was just pure buy hope and prey model where you buy stuff the cash flows and then I later went into
0:38.8	syndications where there's more value ad better deals but I really contribute a lot to the beginning of like just
0:45.2	being really frugal saving at least 50 grand every year and taking that money and
0:51.2	putting into something that was pretty secure and also grew like a hockey stick.
0:55.6	Welcome millionaires and future millionaires. You're listening to the Millionaires
1:00.1	Unveale Podcast, the show where you'll hear the stories and interviews of
1:03.8	everyday millionaires will unveil their decisions, their strategies, and their
1:08.3	portfolio allocations. Now to your host, Jayce Mattingen.
1:16.0	Welcome back to another episode of the Millionaires and Villed
1:18.0	Podcast. This is episode number 288.
1:21.0	Hope everybody's having a great week. I know it's been a phenomenal weekend with
1:25.0	all sorts of sports going on in my household with the kids and a little guy learning
1:30.1	to ride his bike and man it is my birthday week so that's a fun
1:34.8	celebration been looking forward to this birthday for quite some time now I'm
1:38.9	turning 35 so excited for that got a lot of things planned this week is we head into the Easter season as well
1:46.9	Gotta give a shout out to you listeners. I don't know what you did but things have been rock and rolling all of a sudden on Spotify which is another place you can
1:56.0	listen to the show if you're not listening to it there already but have a subscription with them.
2:01.1	Our downloads have skyrocketed on there so appreciate that and
	...

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