Passive Cashflow and Scalability in Multifamily with Matt Picheny

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Before venturing into real estate, Matt Picheny was pursuing a career in the performing arts industry until he found his real estate passion. Today, Matt is the Managing Partner at MJP Property Group, a real estate investment company. He has invested in over 5,000 apartment units and focuses on acquiring and repositioning multifamily communities.

[00:01 – 06:24] Opening Segment

  • I introduce and welcome guest, Matt Picheny
  • Matt talks about his real estate portfolio
  • Matt’s real estate meetup (now a virtual meetup)

[06:25 – 20:21] Matt’s Journey to Real Estate

  • Matt talks about his background and how his real estate journey began
    • Before real estate, Matt was in the performing arts industry
    • Spent time in Digital Marketing
    • Building his first rental property (the first of many real estate deals)

[20:22 – 22:37] Multifamily Real Estate

  • Matt shares the reason why he focuses on multifamily properties
    • Passive Cash Flow
    • Scalability

[22:38 – 33:05] THE FINAL FOUR

  • What’s the worst job that you ever had?
    • I was 15. I worked at a carwash.
  • What’s a book you’ve read that has given you a paradigm shift?
    • Rich Dad Poor Dad
  • What is a skill or talent that you’d like to learn?
    • I would love to learn improv.
  • What does success mean to you?
    • Leading the life that I want to lead.
  • Connect with Matt online. See the links below.
  • Final words from me

Tweetable Quotes:

“I had always known that real estate was an interesting thing to do.” – Matt Picheny

“Success to me is leading the life that I want to lead – being able to do and having that freedom to choose the pursuits that are meaningful to me.” – Matt Picheny

 
Resources Mentioned:

  • Steal the Show by Michael Port

You can connect with Matt by sending him an email at matt@mjppg.com or visit the MJP Property Group website to know more.

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