Millionaires Unveiled

Summary Jarrett has a net worth of $1.3 million. He shares his journey to becoming a millionaire while working as a power engineer in the oil industry. He discusses his net worth, which is primarily invested in the stock market and real estate. Jarett also talks about his side ventures in real estate and selling life insurance. He shares his financial goals, including providing financial security for his family and eventually transitioning away from his main job. Jarett emphasizes the importance of hard work, financial education, and reaching out to mentors for guidance. He also highlights the need to start early and not compare oneself to others. Jarret, a millionaire before the age of 30, shares his journey to financial success and offers insights into real estate investments, entrepreneurship, and personal development. Takeaways Hard work and financial education are key to building wealth. Investing in the stock market and real estate can provide significant returns. Having multiple streams of income, such as side ventures, can help increase wealth. Setting financial goals and having a plan is crucial for long-term success. It's important to surround yourself with mentors and seek guidance from experienced individuals. Starting early and being consistent with saving and investing can lead to financial independence. Avoid comparing yourself to others and focus on your own financial journey. Developing a strong financial mindset is crucial for achieving financial success. Real estate investments can be a lucrative avenue for building wealth. Entrepreneurship requires perseverance, adaptability, and a willingness to take risks. Personal development and mindset play a significant role in achieving success in all areas of life.

Former air traffic controller turned real estate investor, Shawn DiMartile, shares his journey from liquidating his 401k to building a real estate portfolio worth $3.5 million. He discusses the benefits of real estate investing over traditional retirement accounts and strategies for achieving his first million. Shawn also talks about challenges and opportunities in the Airbnb market and emphasizes the importance of education, partnerships, and creativity in real estate investing.

Summary Brian, an enterprise sales professional, shares his journey to building a net worth of $1.8 million. He discusses his investment allocation, which includes retirement accounts, brokerage accounts, syndications, and startup companies. Brian emphasizes the importance of diversification and the benefits of investing in alternative assets. He also talks about his late start to investing and the lessons he learned along the way.   Brian shares his financial goals, including his plan to retire at 55 with a net worth of $4 million. He discusses his strategy for Roth conversions and the importance of teaching kids about building wealth. The conversation concludes with rapid-fire questions about Brian's experiences with money. In this conversation, Brian discusses the importance of valuing experiences over material possessions. He emphasizes the joy and memories that come from traveling and spending time with family.   Brian also shares a change in his belief about spending money, realizing the importance of enjoying life now rather than waiting for the future. He talks about his financial habits, including being cautious about his finances and checking them frequently. Finally, Brian offers advice for beginners, encouraging them to keep their financial plans simple, invest consistently, and avoid making frequent changes.   Takeaways Focus on experiences and travel, as they create lasting memories and joy. Reevaluate beliefs about spending money and consider enjoying life now rather than waiting for the future. Be cautious about finances and check them regularly to protect against fraud or unexpected events. For beginners, keep financial plans simple, invest consistently, and avoid frequent changes.

Summary   Carlos - The Sequel shares his journey as a serial entrepreneur and his transition to real estate and commercial properties. He discusses the mindset shifts required to scale from six figures to seven figures and beyond. Carlos emphasizes the importance of continuous learning and investing in oneself. He also talks about the significance of giving back and teaching kids about money. Carlos shares his strategies for living below his means and splurging on experiences rather than material possessions. He invites listeners to join his weekly Zoom sessions and connect with him on social media.

Summary   Carlos has a net worth of $51 million. He shares his journey from starting businesses to building a large real estate portfolio. He discusses his transition from business to real estate and the impact it has had on his net worth. Carlos emphasizes the importance of problem-solving skills and finding solutions to create successful businesses. He also highlights the role of asset managers in managing properties in different states. Additionally, Carlos shares his experience of starting a mountain biking magazine at a young age.   Takeaways Transitioning from business to real estate can provide significant opportunities for growth in net worth. Problem-solving skills and finding solutions are crucial for building successful businesses. Asset managers play a vital role in managing properties in different states. Starting a business that solves a problem can lead to success and growth. Diversifying investments and leveraging other people's money can accelerate wealth creation. Sponsored by Shopify www.shopify.com/unveiled 

Summary Rayne shares her journey of house hacking and building a net worth of $2.1 million through real estate investments. She started by purchasing two-family homes and living in one unit while renting out the other. Over time, she acquired more properties and used the cash flow from rentals to cover most of her living expenses. Rayne emphasizes the importance of living below your means and being money-conscious. She also discusses her plans for the future, including potential vacation home purchases and continued investment in retirement accounts. Rayne shares her strategies for teaching her children about finances and the value of a dollar. Takeaways House hacking can be a great way to start building wealth through real estate investments. Living below your means and being money-conscious are key to financial success. Diversifying investments and taking calculated risks can lead to long-term growth. Teaching children about finances from a young age can set them up for financial success in the future.

Lessons learned from the hosts' year in review. Planning events in advance and updates on the show. Navigating business ventures and relationship dynamics. Millionaires' investment preferences. Estate planning and risk mitigation. Discussion about a possible meetup or retreat for podcast listeners.

Chad is in his early 40's. His wife is as well.  They have a net worth of $5.0 million. About 85% is in real estate across nearly 100 units owned with a partner. Carrie is a teacher. They have taken some extended travel or rather lived in other countries as a result of their portfolio. 

Summary In this episode, Frank shares his journey to becoming a millionaire and paying off his house. His net worth is $1.0 million. He has a chunk in retirement accounts invested in the market, a paid for house worth several hundred grand and the rest is in cash and other small investments. He discusses the importance of hard work and changing financial habits. Frank also talks about teaching his children about finances and his plans for the future. He shares his thoughts on mortgages and home ownership, as well as leaving an inheritance. Frank offers advice for beginners, emphasizing the importance of starting early and educating oneself about personal finance. Chapters 00:00 Introduction and Background 06:12 Paying Off the House 11:27 Financial Journey and Lessons Learned 15:10 Meeting spouse and working through money conversations 20:47 Alternative Investments  23:47 Thoughts on Mortgages and Home Ownership 25:20 Leaving an Inheritance 30:14 Immediate Goals and Next Steps 32:25 Rapid Fire Questions 37:50 Advice for Beginners

Mike has a net worth of $16.9 million. He is in his early 70's. Most is in the market at this point, but that is only as of recent. He has a couple pieces of real estate for personal use. Mike has been a business owner and entrepreneur most of his life.    Sponsored by:  www.Masterclass.com/Unveiled