324: Net Worth of $1.0M+ - Over 40k per Month in Passive Income + 18 Summers

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 30 October 2023

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jim has a net worth over $1.0 Million. Nearly all of it is in real estate and real estate related businesses. He is an accomplished entrepreneur and also runs 18 Summers. He has 5 children and lives on the East Coast. We discuss his major move from the West Coast that propelled his journey, how much he saved in taxes by moving and many other great topics.

Transcript

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0:00.0	If I could do it again, start again 24 years ago, I would buy less property of greater quality with
0:07.0	less leverage.
0:08.2	And that's been a big lesson.
0:09.4	It's not the number of properties.
0:11.9	It's the quality of the properties and how do they actually
0:14.3	perform. You got to separate the parts to strengthen the whole. You know you've got to
0:17.9	spend individual one-on-one time with each member of your family and that will
0:22.2	strengthen the whole.
0:23.0	Welcome millionaires and future millionaires.
0:26.0	You're listening to the Millionaires Unveale Podcast.
0:29.0	The show where you'll hear the stories and interviews of everyday millionaires will unveil their decisions, their strategies,
0:35.4	and their portfolio allocations.
0:38.2	Now to your host, Jayce Mattingen.
0:41.2	Welcome back to another episode of the Millionairesville Podcast. This is episode
0:47.4	number 324. Stace, I don't even need to ask. You've got a Mike
0:52.1	envy tonight. That's what's going on.
0:54.0	No, I don't have Mike envy. I just was...
0:59.0	As Jace was getting set up, I did the intro, like fake and...
1:05.0	You're intimidating.
1:07.0	No, you were imitating me.
1:09.0	Yeah, imitating you.
1:11.0	Yeah.
	...

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