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What you’ll learn in just 17 minutes from today’s episode:
- How to start small and scale quickly in the real estate industry through raising money from investors in your own network
- Find out how he turned the $30K dollar loan to a $40M real estate empire
- Learn the unforeseen challenges of raising investor’s capital
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 started with a $30,000 private loan and has now completed over $40,000,000 in transactions involving private money.
In this episode, learn about how to raise capital especially if you are a mom ‘n pop real estate entrepreneur looking to find investors for your deals.
00:59 – How he was thrown into the real estate path
02:45 – How he borrowed money to get started
04:53 – Common mistake first-time investors commit
08:53 – How to get started in the US with just a single-family home
11:47 – How to raise capital and how to define accreditation for an investor
16:14 – Tips for pop and mom real estate entrepreneur who wants to raise capital from accredited investors
“You don’t have to go buy a $10 million apartment complex to be in real estate or to be a syndicator to be raising capital for investing. You can start small and you can buy, get into this business in bite-sized chunks and scale quickly.” – Matt Faircloth
“Going big too fast – that’s a major mistake some people make. I also think that people go into many different directions at once.” – Matt Faircloth
“The main reason why we chose the non-accredited path is that we want to give people access to another source of investing with their retirement accounts. That’s probably my biggest source of investments, retirement accounts.” – Matt Faircloth
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