395: Net Worth Of $1.5M - Nursing Home Admin, 2.7 GPA, Real Estate

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 3 February 2025

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode Brandon shares his journey from a modest upbringing in East Texas to becoming a successful nursing home administrator and real estate investor with a net worth of $1.5 million most of which is in single family rentals and duplexes. He is in his early 30's. He discusses his strategies for building wealth through real estate, the importance of education and family support, and his experiences in the nursing home industry. Brandon emphasizes the value of hard work, perseverance, and following one's instincts in achieving financial success.

Takeaways

*Brandon's net worth is approximately $1.5 million, primarily from real estate investments.

*He started investing in real estate in December 2018, using creative financing methods.

*Brandon emphasizes the importance of education, having set up 529 plans for his children.

*He self-manages his 24 rental properties with the help of his wife and technology.

*Brandon's first rental property was just 200 yards from his home, which eased his nerves.

*He believes in the value of sweat equity and often does repairs himself.

*Brandon aims for $25,000 a month in passive cash flow from his properties.

*He maintains a good relationship with his banker to navigate interest rates.

*Brandon's journey highlights the importance of following one's gut instincts in business.

*He encourages others to work hard and stay focused on their goals.

Transcript

Click on a timestamp to play from that location

0:00.0	Like my buddy George, right?
0:01.2	Like, I want to make sure I take George with me.
0:03.8	Right.
0:04.1	So however I do it, I got to figure out how to build the business big enough to, again, to, you know, take George away from his full-time job and just come work for me full-time.
0:16.5	Welcome Millionaires and future millionaires.
0:19.3	You're listening to The Millionaires Unveiled
0:21.4	podcast. The show where you'll hear the stories and interviews of everyday millionaires will
0:26.2	unveil their decisions, their strategies, and their portfolio allocations.
0:31.2	Now to your host, Jace Matanson. Welcome back to another episode of the Millionaires Unveiled
0:37.0	podcast. This is episode over 395.
0:40.3	This is a podcast where everyday millionaires share the real stories behind their wealth,
0:44.1	how they built it, what they invested in, and the missteps they encountered along the way.
0:48.2	We're your host, Jason Stacey, and we're diving into candid conversations with people
0:51.7	who might just be your next door neighbors. Our guests will uncover how they transform modest savings into significant wealth, offer
0:57.8	investment tips that could change your financial outlook, and share personal stories that
1:01.7	might surprise you and inspire you. So tune in and get ready to discover how regular people like
1:06.2	us turned aspirations and new achievements. Don't worry, while we dig deep for the details.
1:11.0	We keep it all family friendly.
1:13.3	Awesome.
1:14.7	Terrace, terrace, terrace.
1:15.6	That is dominating the news right now in terms of finances and the markets.
1:21.2	We'll be interested to see how this all plays out in the short term and the long term
	...

Transcript will be available on the free plan in -57 days. Upgrade to see the full transcript now.

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.