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Action Academy | Replace The Job You Hate With A Life You Love

How To Buy Real Estate Deals With OPM (Other People's Money) But Keep 100% Of The Cash Flow

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5683 Ratings

🗓️ 21 July 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

Today's show features a strategy from @mattamabile that helped him keep 100% of the cashflow on multiple real estate purchases while using JV partners. Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses? 👔🏝️ Schedule A Free 15 Minute Coaching Call With Our Team Here To Get "Unstuck" Want to know which investment strategy is best for you? Take our Free Asset-Selection Quiz Check Out Our Bestselling Book : From Passive To Passionate: Ho...

Transcript

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0:00.0

What's up, ladies and gentlemen, welcome back to another episode of the Action Academy podcast,

0:04.0

the show that helps you get financially free so you can live a life doing what you want,

0:08.4

when you want with who you want.

0:10.3

Today's episode is a short and sweet one where we cut the fat, we cut the fluff,

0:13.5

and we get straight to the good stuff, baby, with my buddy Matt Amable.

0:17.8

In today's episode, we're going to discuss Matt's specific structure strategy that he

0:22.0

used with his partnerships in his first original real estate deals that was very, very beneficial

0:26.9

to him in his position. What he was looking for was the cash flow. He really needed the cash flow

0:32.3

in order to leave his job and hit financial freedom. He did not care as much about the tax

0:36.9

benefits, the depreciation,

0:38.4

the equity splits. So he was able to give all of that away to capital partners where he was able to

0:44.1

keep the cash flow. So doing this, he was able to buy multiple properties and build pure net cash

0:50.4

flow straight into his bank account month over month, while his partners were able to take

0:54.9

advantage of the tax benefits of the real estate, which was beneficial for them because they

0:59.8

didn't need the cash flow. So today's episode is fantastic in that regard. Before we get into

1:05.2

today's episode, though, I want to give a quick Action Academy shout out to Mr. Mason Miranda in the

1:10.1

Action Academy community. He just got

1:12.5

under contract on his first real estate transaction. He just got a 10-unit mobile home park

1:18.6

purchase for his first real estate transaction where he partnered with somebody else in the

1:22.9

group. And I want to read out three posts that he had within our community because it's very

1:27.0

cool with

1:27.5

timestamps. So May 30th, Mason joins the community. He says, my goal is to start working on my

...

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