44 min.

Raising Private Capital: Build Your Real Estate Empire Using Other People's Money with Matt Faircloth | EP82 Working Capital The Real Estate Podcast

    • Investeren

Founder and CEO of DeRosa Group Matt is a Regular Contributor and Podcast Guest on Bigger Pockets.com, Has an Active YouTube Channel Dedicated to Educating Investors, and the Author of the Amazon Best Seller, Raising Private Capital, how to Build your Real Estate Empire with Other People's Money
In this episode we talked about:
 • Matt’s First Steps in Real Estate
 • Scaling: the jump from 49 Units Up
 • Raising Private Capital 
 • Advice to Individuals Who Haven’t Raised Capital yet
 • Matt’s View on the Real Estate Market
 
Useful links:
 
https://derosagroup.com
https://www.instagram.com/themattfaircloth/
 
Transcriptions:
Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. All right, ladies and gentlemen, my name's Jesper gala and you're listening to working capital the real estate podcast. My guests today are returning guests, Matt fare, cloth, founder, and CEO of the DeRosa group.
 
Matt has been a full-time investor for over 15 years. Just talked a little bit about the deal volume here over a hundred million in real estate transactions and controlling over 1000 units in multifamily mats, a regular contributor and podcast guests on biggerpockets.com has an active YouTube channel dedicated to educating investors and the author of the Amazon bestseller. Highly recommend raising private capital. How to build your real estate empire with other people's money. Matt, how's it going?
 
Matt (59s): Good. I'm good, Jesse. It's great being here, man. Am I, did I, did you tell me a bit at BiggerPockets conferences? This is that I'm your first repeat appearance on your podcast?
 
Jesse (1m 8s): No, the first repeat appearance was definitely the BR Brandon Turner. So
 
Matt (1m 13s): Yeah, you're right. Yeah,
 
Jesse (1m 15s): But you're there though. You know, you're very generous in the, the first, first few episodes. I think you were you're right on. I think that was right when you started marketing the book, but you know, I think at that point I read half of it completed it a long time ago. A great book. I thought it was, I thought it was just for us, at least it was very perfect timing, which is fine.
 
Matt (1m 37s): I gotta be here, man. I should get like, we should do like the SNL jacket thing, like finding it loud when there's repeat guests, you know, like we should do like the, like the special, like the number five collab or whatever it is. I'm in the number two clubs now at Brandon. So I want to, I'm glad to be back here with you, man. Thanks for that.
 
Jesse (1m 52s): It's great to have you, you know what, I didn't even ask before we started. Are you still, are you still in out of Jersey right now or
 
Matt (1m 59s): So we have an office building in Jersey, but we, we work, but my wife and I have since moved to Pennsylvania just across the bridge, across the river from New Jersey. And now we live just north of Philly in a little town called new hope, Pennsylvania.
 
Jesse (2m 14s): Nice, nice. And how long has this, how long have you been there now? Three years. Awesome. Cool. Is that you guys doing some deals out there or was it just more of a, a kind of a personal things to
 
Matt (2m 25s): We move? I, you know, Jesse, I never thought I would be the guy to live in like a, like a suburban development, you know, but you know what, man, I, I got like the whole modern family house. I got, I live in a cul-de-sac and everything like that. The kids go out and play. I know my neighbors, circuitry, Katrina, the bomb, that, that whole thing. So w my wife and I are both urbanites, you know, I've, I've lived in or around urban cores for most of my life.

Founder and CEO of DeRosa Group Matt is a Regular Contributor and Podcast Guest on Bigger Pockets.com, Has an Active YouTube Channel Dedicated to Educating Investors, and the Author of the Amazon Best Seller, Raising Private Capital, how to Build your Real Estate Empire with Other People's Money
In this episode we talked about:
 • Matt’s First Steps in Real Estate
 • Scaling: the jump from 49 Units Up
 • Raising Private Capital 
 • Advice to Individuals Who Haven’t Raised Capital yet
 • Matt’s View on the Real Estate Market
 
Useful links:
 
https://derosagroup.com
https://www.instagram.com/themattfaircloth/
 
Transcriptions:
Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. All right, ladies and gentlemen, my name's Jesper gala and you're listening to working capital the real estate podcast. My guests today are returning guests, Matt fare, cloth, founder, and CEO of the DeRosa group.
 
Matt has been a full-time investor for over 15 years. Just talked a little bit about the deal volume here over a hundred million in real estate transactions and controlling over 1000 units in multifamily mats, a regular contributor and podcast guests on biggerpockets.com has an active YouTube channel dedicated to educating investors and the author of the Amazon bestseller. Highly recommend raising private capital. How to build your real estate empire with other people's money. Matt, how's it going?
 
Matt (59s): Good. I'm good, Jesse. It's great being here, man. Am I, did I, did you tell me a bit at BiggerPockets conferences? This is that I'm your first repeat appearance on your podcast?
 
Jesse (1m 8s): No, the first repeat appearance was definitely the BR Brandon Turner. So
 
Matt (1m 13s): Yeah, you're right. Yeah,
 
Jesse (1m 15s): But you're there though. You know, you're very generous in the, the first, first few episodes. I think you were you're right on. I think that was right when you started marketing the book, but you know, I think at that point I read half of it completed it a long time ago. A great book. I thought it was, I thought it was just for us, at least it was very perfect timing, which is fine.
 
Matt (1m 37s): I gotta be here, man. I should get like, we should do like the SNL jacket thing, like finding it loud when there's repeat guests, you know, like we should do like the, like the special, like the number five collab or whatever it is. I'm in the number two clubs now at Brandon. So I want to, I'm glad to be back here with you, man. Thanks for that.
 
Jesse (1m 52s): It's great to have you, you know what, I didn't even ask before we started. Are you still, are you still in out of Jersey right now or
 
Matt (1m 59s): So we have an office building in Jersey, but we, we work, but my wife and I have since moved to Pennsylvania just across the bridge, across the river from New Jersey. And now we live just north of Philly in a little town called new hope, Pennsylvania.
 
Jesse (2m 14s): Nice, nice. And how long has this, how long have you been there now? Three years. Awesome. Cool. Is that you guys doing some deals out there or was it just more of a, a kind of a personal things to
 
Matt (2m 25s): We move? I, you know, Jesse, I never thought I would be the guy to live in like a, like a suburban development, you know, but you know what, man, I, I got like the whole modern family house. I got, I live in a cul-de-sac and everything like that. The kids go out and play. I know my neighbors, circuitry, Katrina, the bomb, that, that whole thing. So w my wife and I are both urbanites, you know, I've, I've lived in or around urban cores for most of my life.

44 min.