Manage episode 305137426 series 2827607
How do you start investing in real estate if you don’t have any money?
Matt Aitchison is a real estate investor, syndicator, speaker, and host of the Millionaire Mindcast podcast. He’s flipped hundreds of houses, built a Top 1000 real estate team in the U.S, and now focuses solely on raising capital for syndications and scaling his passive income portfolio, which consists of commercial strip centers, hospitality assets, and single family rentals.
Matt graduated from college with what he calls “a really expensive piece of paper” that he knew he wasn’t going to use.
Thankfully, he ended up finding a mentor-seeks-mentee ad on Craigslist, and spent the next year flipping more than 100 houses for the guy who’d posted it. Matt didn’t earn a dime, but he got an education that’s paid back in spades!
At 21 years old, Matt branched out on his own. He bought his first home for $75,000, fixed it up, and sold it three months later for $210,000.
In this episode, you’ll hear about how Matt structured his first real estate deal using 100% of other people’s money. We also talk about syndications, the power of relationships, private lending, underwriting a deal, and much more!
Here's just some of the things we get into:
- How to use the “Likability Formula” to build your network and connect with ANYONE!
- Why relationships are infinitely more important than money and net worth.
- Choosing aspirational role models.
- How to get crystal clear on the vision for your life.
- How Matt structured his first real estate deal—and made over $100k in only 3 months!
- How to use 100% of other people’s money to invest in real estate
- The benefits of owning a small piece of a big pie
- Sweetening the deal for private investors
- Real estate underwriting and planning for the worst case scenario.
- Building passive income with real estate.
- Navigating the seasons of hustle and grind.
- Connect with Matt Aitchison
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/52
Free Gifts from Matt Aitchison
Matt is giving away his Rich Life Clarity Contract, which is a list of the most important questions you can ask yourself, in order to gain extreme clarity on what your dream life looks like.
To get access to this free gift, visit JustinDonald.com/52
Get the Lifestyle Investor Book!
To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book
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Connect with Justin Donald