23min chapter

Millionaires Unveiled cover image

355: Net Worth Of $6.5M - Finding Balance Between Investing & Spending; When Another Million Doesn't Change Happiness Levels

Millionaires Unveiled

CHAPTER

Real Estate Portfolio and Lifestyle Changes

The chapter features a discussion with a real estate investor with a $6.5 million net worth, focusing on their portfolio of 55 single-family doors and commercial properties. They delve into recent lifestyle changes, moving away from where wealth was built, transitioning to becoming an empty nester, and dealing with income loss by focusing on fixing flips. The conversation also explores a shift from active property management to passive investments, reflections on real estate journey over 18 years, and considerations for a more hands-off approach through syndications.

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