401: Net Worth Of $2.7M - Tech, Tenants and Toyota vs Honda - Which One Wins?

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 17 March 2025

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this conversation, Courtney shares her journey to building a net worth of $2.7 million. Most of it is in real estate but does have some in other assets. She dives into her investing strategy, emphasizing the importance of diversification between real estate and retirement accounts. She discusses her evolving strategies to achieve financial independence, focusing on cash flow and ROI.

Courtney is in her late 30's and also highlights the significance of aligning financial goals with lifestyle choices and offers insights for those starting their investment journey. She discusses the importance of networking, her decision to invest in Michigan, and how she balances her career in healthcare IT with her real estate endeavors. Courtney also touches on her experience with the stock market and her future goals for financial independence.

Takeaways

*Started investing in various accounts and leveraging tax strategies.

*Maxed out Roth IRA every year as salary increased.

*Believes in not putting all eggs in one basket.

*Sees real estate and stock market as separate avenues.

*Focuses on cash flow to replace income gradually.

*Does not have a target number of doors, prioritizes cash flow.

*Aims to take home $85,000 a year for a comfortable lifestyle.

*Enjoys her job but is open to part-time work.

*Emphasizes the importance of networking in real estate.

*Encourages starting early in investing.

*Her investment portfolio includes both real estate and stock market assets.

*She has 10 rental properties, primarily single-family homes and one duplex.

*Networking played a crucial role in her success in real estate.

*Courtney's initial investment was influenced by her father's advice.

*She transitioned from considering grad school to investing in real estate.

*Her first property was purchased during a market downturn.

*Courtney balances her career in healthcare IT with real estate investing.

*She aims to reduce her full-time work hours in the future.

*Investing in the stock market has been a strategic choice alongside real estate.

Transcript

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0:00.0	Often we forget like the our friendships and our inner circles are often what like push us
0:06.1	into successes. I don't think we would have known about. But one of my really good friends to this
0:11.5	day, ex-co worker at one point is how we met. I I spend money now fairly freely. It feels really
0:19.8	good. And I don't I don't regret spending money on my
0:24.3	friends or the people I love or myself anymore, which is nice. Welcome millionaires and
0:30.3	future millionaires. You're listening to the Millionaire's Unveiled podcast, the show where you'll
0:35.4	hear the stories and interviews of everyday
0:37.5	millionaires will unveil their decisions, their strategies, and their portfolio allocations.
0:43.8	Now to your host, Jace Matanson.
0:48.4	Welcome back to another episode of the Mooners and VF podcast. This is episode number 401.
0:53.4	This is the podcast where we take a deep
0:55.7	dive into the journeys, secrets, and strategies of self-made millionaires. In each episode, we sit
1:01.1	down with regular people turned millionaires to uncover the real stories behind their wealth building.
1:05.8	Whether you're looking for inspiration, practical advice, or the untold lessons from those
1:09.8	who've made it, you're in the right
1:11.0	place. Tune in and discover what it really takes to build lasting wealth and change your life.
1:15.7	Let's get started. Happy St. Patrick's Day to everybody out there. Some quick stats that I was
1:21.4	reviewing earlier today. Pretty wild. Americans are expected to spend over $7 billion on St. Patrick's Day.
1:29.8	That's an average of $43 a person.
1:31.8	I know the leprechaun made an appearance at our house.
1:34.2	I don't think he spent $43, but we'll see.
1:38.9	Beer and alcohol sales are up 175% compared to the average day. Guinness alone sells 13 million pints worldwide
	...

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