The Secret to Long Distance "Cash Flow" Investing | 776
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 15 September 2019
⏱️ 18 minutes
🧾️ Download transcript
Summary
In this episode, Matt explains what is the key thing to successful long distance investing and why you should not listen to people who advise not to invest in properties that are further away than the driving distance from your home. Furthermore, he reveals 10 hard knock tips for selecting good property managers.
Transcript
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| 0:00.0 | This is Tereo Media. Success in real estate has nothing to do with shiny objects. |
| 0:15.0 | It has everything to do with mastering the basics. |
| 0:18.0 | The three pillars of real estate investing. |
| 0:20.0 | Attract, convert, exit. |
| 0:25.0 | Matt Terrio has been helping real estate investors do just that for more than a decade now. |
| 0:30.0 | If you want to make money in real estate, keep listening. |
| 0:32.0 | If you want it faster money in real estate, keep listening. If you want it faster, |
| 0:34.0 | visit re I ACE.com. Here's Matt. |
| 0:38.0 | A rock-star, it's Matt Terrio from Epic Real Estate, and today I want to share with you the secret to long distance cash flow investing because I frequently hear this particular advice this specific advice and I've heard it more than once from multiple sources. |
| 0:54.8 | I've been hearing it for years. That advice goes somewhere down the line of |
| 0:59.6 | do not invest in property further away than the driving distance from your home. |
| 1:06.4 | I mean, we've all probably heard variations of this statement specifically at, or especially |
| 1:11.2 | at RIA meetings. |
| 1:12.6 | Probably heard it more than once. |
| 1:14.4 | And I heard it again. |
| 1:15.4 | I heard it recently from a new REI ACE client |
| 1:18.0 | during our initial one-on-one session together. |
| 1:21.1 | And the sentiment, it's typically expressed with |
| 1:24.4 | conviction and seemingly wise and experienced conviction and in |
| 1:30.4 | this instance it was no different and And so, you know, I entertained the idea, |
| 1:35.4 | because I know a lot of people feel this way, |
| 1:37.1 | so I certainly don't want to shoot down that emotion |
... |
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