EP 93: Slay the Recession with Real Estate Guru Matt Faircloth
Matt Faircloth, the Real Estate Guru, talks about how to slay the recession and dance to the rhythm of changing markets and economic conditions. We learn about Matt's current investments and reveal a valuable tip on staying competitive by engaging sellers and securing favorable deals. We emphasize the importance of studying your market's needs and finding ways to meet those demands effectively.
Additionally, we explore the concept of Flex Industrial space and whether it presents a good investment opportunity. We challenge the notion of relying on predictions in real estate and instead encourage listeners to invest in trusted individuals who can navigate uncertain times successfully. By building relationships and understanding the needs of your market, you can position yourself for long-term success in real estate. Join us as we unpack these key insights and provide practical strategies to thrive in the ever-changing real estate landscape.
💥💥 Remember, this is your MBA. Have a notepad handy, and get ready to take some 📝 notes!
Key Points from This Episode:
Brief background on Matt.
Sellers are becoming more realistic about what they're asking for their property.
Real estate does not crash every ten years.
The buyers now have a voice.
Where is Matt bidding now?
A big tip on how to stay in the market, engage the seller, and land a deal.
Study what your market needs and focus on how you can provide that.
What is Flex Industrial space and is it a good investment?
Don't invest based on predictions. Invest in people you trust will figure things out.
Tweetables:
“If there is a multifamily correction you will not see it in 2023 or maybe you might see it in the beginning, that in late 2024, right, but either way what you're more likely going to see is sellers that are more realistic on what they're asking for their property.” -Matt Faircloth
“It's not just housing that America needs. We need that, but there's other stuff we need, too. And so if you were to look at what is needed you got to look at your market." -Matt Faircloth
Resources
EP 83: Multi-family Guru, Matt Faircloth, Says to Keep Calm and Buy On
About Matt Faircloth
Matt Faircloth has been a full-time investor since 2005. In that time he has successfully completed projects involving dozens of fix-and-flips, office buildings, single-family homes, and apartment buildings.
He has completed over a Hundred Million in real estate transactions and controls thousands of units of multifamily.
He is a regular contributor and podcast guest on Bigger Pockets.com, has an active YouTube Channel dedicated to educating investors, and is the author of the Amazon Best Seller, Raising Private Capital, how to Build Your Real Estate Empire with Other People's Money.
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The education we provide is sponsored by Lehigh Valley Fund. The fund earns returns through real estate investing and pays inventors an average 10% return with a 12 - 18% target*
Click here to book Fund Manager Tejas Gosai.
Contact Jerna Bentilanon to schedule a visit to our offices or a tour of one of our properties: j.b@lvpefund.com, 610-230-7777
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