Matt was inspired at a young age by “Rich Dad” Robert Kiyosaki’s book, “Retire Young Retire Rich: How to Get Rich Quickly and Stay Rich Forever!”  It was this book that helped him realize he could leverage the house he already owned into income-producing opportunities for himself.  He experimented with different residential real estate tactics, including flipping houses, until his eyes were opened to the world of commercial real estate.  For investors familiar with residential real estate who are interested in crossing over into commercial, Matt talks us through the most logical next-step: multi-family residences.  There is a large shortage of multi-family residences across the U.S. West Coast, with Reno, in particular, seeing a stunningly low vacancy rate of under 2%.  Cities are hard at work building new apartments, but the process is too slow to cover today’s demand.  Matt discusses how now is a great time to get into this housing sector.

Real estate is a tangible asset that you can improve on, sell, transfer, and manipulate in ways you would never be able to do with a stock.  The stock market (a.k.a. “legalized gambling,” according to Matt) doesn’t lend itself well to control – you are at the whims of the market’s every up and down.  Tune in to this episode and be inspired with new ways to grow your real estate portfolio.

Matt was inspired at a young age by “Rich Dad” Robert Kiyosaki’s book, “Retire Young Retire Rich: How to Get Rich Quickly and Stay Rich Forever!”  It was this book that helped him realize he could leverage the house he already owned into income-producing opportunities for himself.  He experimented with different residential real estate tactics, including flipping houses, until his eyes were opened to the world of commercial real estate.  For investors familiar with residential real estate who are interested in crossing over into commercial, Matt talks us through the most logical next-step: multi-family residences.  There is a large shortage of multi-family residences across the U.S. West Coast, with Reno, in particular, seeing a stunningly low vacancy rate of under 2%.  Cities are hard at work building new apartments, but the process is too slow to cover today’s demand.  Matt discusses how now is a great time to get into this housing sector.

Real estate is a tangible asset that you can improve on, sell, transfer, and manipulate in ways you would never be able to do with a stock.  The stock market (a.k.a. “legalized gambling,” according to Matt) doesn’t lend itself well to control – you are at the whims of the market’s every up and down.  Tune in to this episode and be inspired with new ways to grow your real estate portfolio.

In this podcast, we dig into:

• The length of real estate cycles and how long you should be prepared to wait out a downturn
• Why you always make your money on the purchase of a property, not on the sale of it
• How diversifying by investing in residential AND commercial real estate can be an extremely beneficial way to add more safety to your portfolio
• The most logical next step for residential investors looking to move into commercial
• How funding can be a problem when your product doesn’t fit perfectly into a box. (I talk about how I had a hard time funding our Lease to Owns because it wasn’t quite residential, but it wasn’t commercial either, and how I had to knock on the doors of 120 banks before finally getting a small “yes.”)
• How insurance companies, private equity, and investment funds are the biggest backers of commercial real estate deals today (banks are much stricter)
• How “business is just your excuse to own real estate”
• Which industry (commercial or residential) has a lower barrier to entry and a bigger support system
• Stories of dealing with residential tenants — from getting punched in the face to mysterious phone line theft
• How investors looking for safety should drop their 1% CD return and consider a single-tenant commercial deal with a stable, nationwide company paying you 5% to 6% consistently over a long-term lease

• The length of real estate cycles and how long you should be prepared to wait out a downturn
• Why you always make your money on the purchase of a property, not on the sale of it
• How diversifying by investing in residential AND commercial real estate can be an extremely beneficial way to add more safety to your portfolio
• The most logical next step for residential investors looking to move into commercial
• How funding can be a problem when your product doesn’t fit perfectly into a box. (I talk about how I had a hard time funding our Lease to Owns because it wasn’t quite residential, but it wasn’t commercial either, and how I had to knock on the doors of 120 banks before finally getting a small “yes.”)
• How insurance companies, private equity, and investment funds are the biggest backers of commercial real estate deals today (banks are much stricter)
• How “business is just your excuse to own real estate”
• Which industry (commercial or residential) has a lower barrier to entry and a bigger support system
• Stories of dealing with residential tenants — from getting punched in the face to mysterious phone line theft
• How investors looking for safety should drop their 1% CD return and consider a single-tenant commercial deal with a stable, nationwide company paying you 5% to 6% consistently over a long-term lease

Listen to the Recording

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