4: Net Worth of 1.1M - Five Single Family Rentals
19 Nov 2017
106: Net Worth of 4.5M - Live the Life You Want
Justin has a current net worth of 4.5M. Following his college graduation, he attended law school and worked for a law firm and large energy company. After just a couple years of working, he realized the corporate life wasn't for him and turned to an entrepreneurial journey. He currently owns several rental properties and receives over 50K in monthly rental income. He also discusses purpose, goal-setting, one's tribe or circle of friends, mindset, and attitude.
4 Nov 2019
47: Net Worth of 1.4M - Custodian with a 40K Salary
This episode features Jeff, a school custodian with a net worth of 1.4M. He has worked for the same school district for over 30 years and currently makes 40K a year. He has 1M in retirement accounts, and 180K in home equity. We discuss happiness and confidence levels as savings and net worth grew, sacrifices made along the way, and how he was able to reach millionaire status. Jeff shares his life and investing strategy, and unveils his current portfolio allocation.
17 Sep 2018
74: Net Worth of 1.7M - Female Nurse with Eight Single Family Rentals
This interview features Allison, a nurse with a net worth of $1.7M. Her husband also works as an engineer. Together they have eight single family rentals, half of which are paid off; the rentals cash flow about $50K annually. They hold about one $1M in equity investments and nearly $700K in real estate. Allison also invests in her 401(k) and a thrift savings plan. Within her equity investments, 90% is in stocks and 10% in bonds.
25 Mar 2019
Most Popular Podcasts
68: Net Worth of 4.0M - A Millionaire Next Door
Andy, with a current net worth of 4.0M, started investing in his 20's. He has 2.7M in retirement accounts, 780K in real estate, 50K in a 529 plan, 260K in music royalties, and 150K in cash. Andy discusses his path to wealth, how he acquired four rental properties, and provides terrific advice for being financially prepared. To learn more about Andy, check out his interview with the Dave Ramsey team at https://www.youtube.com/watch?time_continue=8&v=W9Ghh1f-Igc.
11 Feb 2019
12: Net Worth of 2.0M - Mr. 1500 Days to Retirement
Mr. and Mrs. 1500, with a current net worth of two million dollars, are the guests on today's podcast. At the age of 39, Mr. 1500 had a goal to retire in 1500 days - something he accomplished. Their investments are bifurcated, almost evenly, between financial securities and real estate. As a couple they unveil their investing strategies and portfolio allocation. They discuss flipping single family homes, single stocks vs. mutual funds, and how to successfully work together as a couple on finances.
15 Jan 2018
6: Net Worth of 1.0M - Retired at 36
This episode features Marc, a former financial planner. He worked for just over fifteen years, before retiring at the age of 36. After one year in retirement, he found himself bored and decided to return to the workplace. He has a current net worth of just over one million dollars, which is invested primarily in dividend growth stocks. He also runs the blog www.bamfmoney.com.
4 Dec 2017
52: Net Worth of 5.0M - "I Didn't get Here by Contributing to a 401(k)"
This episode features Beau with a current net worth of 5M. He holds about 3M in an HR outsourcing firm - his core business. He also has 800K invested in the market, a paid for house valued at about 700K, and other small business ventures and land. We discuss his journey and strategy as an entrepreneur during which he's owned several businesses including an auto parts store, health clubs, and nutrition stores. We also discuss Beau's take on teaching his children about money and his financial goals.
22 Oct 2018
15: Net Worth of 3.1M - Early Retirement Now
Ern has a current net worth of 3.1M. Of that amount, 1.2M is invested in mutual funds, with about 1.0M in S&P 500 index funds. He discusses his preference for that fund and why he prefers index funds over actively managed mutual funds. He also talks about deferred compensation (150K) and option trading (650K). Ern also has about 500K in home equity. He provides great advice on when to take risks and discusses the benefits of starting early.
5 Feb 2018
21: Net Worth of 2.2M - Biggest Mistake was Buying a House
Today's show features a couple focused on financial independence. They are both 36 years old and have a current net worth of 2.2M. They invest primarily in two classes of index funds, the S&P 500 and International. They currently hold no real estate investments besides their primary residence - a purchase they call their biggest financial mistake. Their current financial goal is to make 50K of passive income annually.
19 Mar 2018
42: Net Worth of 3.0M - First Million at Age 45
Today's episode features a radiologist with a current net worth of 3.0 million. He hit his first million at age 45 and his second million just two years later. He holds 500K in his 401K, 500K in a standard brokerage account, and 500K in syndicated real estate deals. We discuss the mantra that doctors are bad with money and how he thinks that's changing. Furthermore, he shares his investing insights, how to work on the side, and his goals for financial success.
13 Aug 2018
120: Net Worth of 7M - Retired Engineer; Max Salary was 80K
Sam is a retired engineer and has a current net worth of around seven million. He also has seven single family rentals which net about 7K in cash flow monthly. He shares his thoughts on how and when to invest, personal development and self help books, real estate investing, retirement accounts, and more. We also ask about what he plans to do with his money in the future, the state of the equity markets, and whether or not he should sell some of his stock portfolio.
10 Feb 2020
16: Net Worth of 2.0M - Retired at 33
Justin retired at the age of 33 with 1.3M. He has a current net worth of 2.0M. 90% of his money is invested in index funds with 50% of that being in U.S. funds, and 50% in international funds. Besides a small percentage of his net worth in a REIT, Justin has no other real estate investments. He and his wife both worked corporate jobs and maxed out their combined income at 140K. They both worked for 10 years before retiring, and have no plans to return to the workforce.
12 Feb 2018
43: Net Worth of 1.2M - CPA with Timeshares and a Work-Life Balance
Today's episode features a CPA who has worked in both public and private accounting. She has continually strived to be frugal, invest, and grow her net worth. She has a current net worth of 1.2M. Dora mentions that she used to be a workaholic, but now works for the government in a job with better work-life balance. Her range of income during her working life has been $19,000 - $180,000. We discuss her financial history, investing strategies, and plans for the future.
20 Aug 2018
67: Net Worth of 12.5M - The Wealthy Accountant
Keith, the wealthy accountant has a current net worth of approximately 12.5M. Keith discusses his story and path to wealth including his humble beginnings as a farmer. Keith hit his first million at age 31 and unveils his route to financial success which included primarily small business and real estate investments. He provides terrific advice on how to build your net worth, how to stay focused, and shares the best financial advice he ever received.
4 Feb 2019
90: Net Worth of 8.0M - Entrepreneur Investing $300K Per Year in VTSAX
Today's interview features the story of a successful entrepreneur and investor. Mr. Hobo Millionaire shares his thoughts on paying his home off early (in only three years), Airbnb rental strategies, and the ups and downs of his entrepreneurial journey. He also shares his favorite books, the mistakes he's made, and his plans for retirement. Check out his blog at https://mrhobomillionaire.com/.
15 Jul 2019
104: Net Worth of 3.0M - "I Couldn't Afford to Go to McDonalds"
Mark shares his amazing story about being in debt to reaching a net worth of $3 million dollars. He currently has seven paid for condo rental units, a paid for house, and 800K in IRA's. He discusses how he overcame debt, and the intentional decisions his family made to save and invest. Mark recently retired and divulges what he's learned in retirement. He also shares that his household spending has increased from about 60K to 150K annually (mostly due to traveling).
21 Oct 2019
109: Net Worth of 4.1M - 150K in Apple Stock and a Yellowstone Cabin
Jeff has a current net worth of four million. He has about one million in retirement accounts, two million in after-tax investment accounts, 500K in his primary residence, 300K in a rental property, and 300K in a small business. We discuss market investing including managing short-term capital gains and which stocks to buy. Jeff also shares his thoughts on retiring early and managing one's finances throughout life.
25 Nov 2019
114: Net Worth of 1.0M+ - Don't Be Afraid to Make Mistakes
Tom is a small business entrepreneur, consultant, therapist, and author among other things. He discusses starting his therapy business after leaving a comfortable corporate job. Tom shared how he bootstrapped the company, including finding clients and funding. He shares detailed %'s of his portfolio allocation which includes both marketable securities and real estate holdings. He has also written a book on effective communication called, "Task: Performance Based Communication" - https://amzn.to/2F30S1P
30 Dec 2019
63: Net Worth of 5.0M - Homeless Under a Bridge to Multimillionaire
Jude, with a net worth of around five million, was homeless in his late teens. Through a series of events, he decided to change his life and began working at a hospital. Shortly thereafter, he started his first business which ultimately failed. He bounced back and started another business which helped kickoff his success. Jude currently has holdings in businesses, real estate (single family, multifamily, and commercial) and other assets. Jude shares his remarkable story and provides terrific advice.
7 Jan 2019