The Power of Self Directed IRAs for Capital Raising Success w/ Matt Faircloth | Prereal Podcast #164

EPISODE SUMMARY:

In this enlightening conversation, we dive into Matt’s real estate experiences within Trenton, starting with a modest $50K from a friend and leading to a collection of profitable deals. He sheds light on how he refined undervalued assets, navigated the skittish banks post-crash, and networked with other investors to discover the best lending terms. Moreover, learn how Matt expanded his market reach and boosted his business by outsourcing management responsibilities.

MATT'S BIO:

Matt Faircloth has been a full-time investor for 15 years. In that time he has successfully completed projects involving dozens of fix and flips, office buildings, single family homes, and apartment buildings. He has amassed a portfolio of over 1000+ units and raised tens of millions of equity for these real estate projects in both debt and equity positions for these deals from passive investors.

Matt is also the author of Raising Private Capital, How to Build your Real Estate Empire with Other People's Money, published by BiggerPockets Publishing, which has sold over 50,000 copies and is an Amazon Best Seller.

GET IN TOUCH WITH MATT:
https://www.derosagroup.com/
https://www.youtube.com/user/derosagroup https://www.instagram.com/themattfaircloth/://www.facebook.com/thederosagroup/
https://www.biggerpockets.com/blog/contributors/mattfaircloth

EPISODE CHAPTERS:

(0:00:00) - Real Estate Investing Success
Matt Faircloth shares his journey of real estate investing, exploring the 'acres of diamonds concept', leveraging COVID to stay connected, and the power of mentorship.

(0:11:56) - Real Estate Investing in Trenton
Matt shares strategies for finding undervalued assets, assembling investor portfolios, and networking with other investors.

(0:19:14) - Expanding Markets and Outsourcing Management
Taking a long-term view enables growth, so I delegate management to scale my business.

(0:24:21) - Business Scaling
Entrepreneurs can delegate tasks to scale their business, and Matt Faircloth shares insights on the current market.

(0:27:50) - Real Estate Brokers and Market Corrections
Real estate prices remain high, but lenders are wary due to overbuying and debt coming due.

(0:32:53) - Impacts of Decentralization on Real Estate
Real estate market implications, focus and alignment, decentralization, office market, adaptive reuse opportunities discussed.

(0:43:48) - Adaptive Reuse and Derosa Income Fund
Matt Faircloth shares insights on real estate, coaching program to 10x business, and Derosa Income Fund for liquid investments.

For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions.

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