Ep #35: The path to building a strong multi-million dollar rental portfolio – with Matt Faircloth
On today’s episode, we cover a wide range of really important topics with real estate investor Matt Faircloth, including his first real estate investment, raising capital for deals, dealing with tenants, moving up to larger multi-family and commercial properties, and a lot more. Matt has invested in the Central NJ and Philadelphia markets for several years now, doing both single tenant and multi-family rentals as well as fix and flips, so he has a ton of insight for both those just getting started and for those with a lot of experience already. This show has so much good information and helpful tips for any real estate investor. . In this interview with Matt you’re going to learn: The steps Matt took to buy his first investment property and how that first transaction helped built the foundation of his current success How he adds huge value in smaller multi-unit properties How he determines where the path of progress is going in a certain area and how he uses this info to make strategic acquisitions The steps he took to educate himself in the business and ultimately become the sophisticated investor he is today How we was able to successfully land a great deal on a property by calling for rent ads and asking the owner if he’s interested in selling How raising private money from investors has allowed them to scale their business and buy bigger deals Why it’s so vitally important to surround yourself with people smarter than yourself who can act as mentors or business advisors And much more…