394: Net Worth Of $1.4M - The Millionaire Carpenter: Never Made Over $70K, Broke His Back, Lost $80k In A Bad Partnership

Summary

In this episode, Ben shares his inspiring journey from living without running water to achieving a net worth of $1.4 million through real estate investments. He discusses his early experiences in construction, the challenges he faced in his first property purchase, and the lessons learned from partnerships and investments. Ben emphasizes the importance of taking action, learning from mistakes, and maintaining a balance between work and personal life as he continues to grow his real estate portfolio.

Takeaways

*Ben's journey began at 21 when he bought a house for $13,000.

*He achieved millionaire status by age 33 through hard work and real estate investments.

*His net worth is primarily in real estate, with a goal of reaching 100 units.

*He emphasizes the importance of communication in partnerships to avoid misunderstandings.

*Ben learned to be creative in financing his real estate ventures.

*He has faced setbacks, including a partnership that cost him $80,000.

*His approach to investing includes maintaining liquidity through stocks.

*He advocates for taking action and learning through experience in real estate.

*Ben's construction background has been a significant asset in his investments.

*He aims to enjoy life while growing his wealth, balancing work and personal time.

Sponsored by:

ZocDoc

www.zocdoc.com/millionaire

Magic Mind

www.magicmind.com/unveiledjan