In the current real estate climate, it’s tough to find deals. This is why today’s guest, Matt Faircloth believes that if your company already owns a good piece of real estate, why would you go and sell it? Matt feels it’s better to refinance that property, replace some investor equity if they want to get out, and just continue to recapitalize. Matt has been a full-time real estate 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 1,000 units and has raised tens of millions in equity for these real estate projects from passive investors. Apart from creating content for his YouTube channel, he is also the author of the Amazon bestselling book, Raising Private Capital: Building Your Real Estate Empire Using Other People's Money. Today we discuss the importance of maintaining and improving your property in line with the market, how to teach your kids to invest early, Matt’s working relationship with his wife who is also in real estate, and how they maintain a work-life equilibrium. Matt also explains why he terms his business as a “seldom sell” company, what recapitalization is, and why it works so well. To find out more about recapitalization and how it may work for you, tune in today!
Key Points From This Episode:
Links Mentioned in Today’s Episode:
The Real Estate InvestHER Show
Passive Income Through Multifamily Real Estate Facebook Group