396: Net Worth Of $1.9M - Wheelin' & Dealin' to Millions at 23
Millionaires Unveiled
Jace Mattinson
4.8 • 872 Ratings
🗓️ 10 February 2025
⏱️ 42 minutes
🧾️ Download transcript
Summary
Summary
In this episode, Cameron shares his journey in the real estate industry, detailing his rapid rise to a net worth of nearly $2 million at just 23 years old. He discusses his investment strategies, the importance of liquidity, and how he built a successful real estate team. Cameron emphasizes the significance of delayed gratification and living within means while pursuing financial goals. He also reflects on his experiences in managing a diverse portfolio and his aspirations for the future, including a target net income and continued growth in real estate investments.
Takeaways
*Cameron achieved a net worth of nearly $2 million at 23.
*90% of his net worth is in real estate investments.
*He values liquidity to manage risks in real estate.
*Cameron started his real estate career right after high school.
*He built a successful real estate team specializing in creative financing.
*His first investment was a challenging duplex with a squatter.
*Cameron manages a diverse portfolio of 45-50 units.
*He aims to net $100,000 a month from real estate investments.
*Cameron enjoys the process of buying and selling real estate.
*He believes in the snowball effect of building wealth over time.
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Transcript
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| 0:00.0 | So that's kind of been my mindset around. I mean, definitely with inflation, I've lost money with the amount of cash that I've kept on hand. Now, I've lost even more with not having any high yield, which is really just once again, I've not placed priority on that, even though I should. But I like having it in one bank. I keep 11 bank accounts. So I've got different buckets for. |
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