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

EPISODE · Mar 17, 2025 · 38 MIN

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

from Millionaires Unveiled · host Jace Mattinson, CPA - Personal Finance/Listen Money Matters

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.     

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

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