The Shortcut to $10KMonth Passive Income from Rentals (in just 12 months) | 1419

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 4 February 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, Matt debunks the myth that you need 50 rental properties to generate $10,000 in monthly passive income. By sharing his own experience and financial gains, he demonstrates how he achieved the same income with just 9 properties in under 12 months. He highlights the mistakes of focusing on quantity over quality and managing properties inefficiently. The host introduces strategies such as targeting grade-A properties, utilizing a seller sniper system, and implementing effective property management automation. Case studies of individuals like Elizabeth and Jamie illustrate these principles in action. Finally, Matt promotes a personalized real estate DNA code assessment to help aspiring investors build a portfolio that fits their financial goals and lifestyle. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Terio Media.
0:04.0	Hey, strap in!
0:06.0	It's time for the epic real estate investing show.
0:09.0	We'll be your guides as we navigate the housing market,
0:12.0	the landscape of creative financing strategies,
0:15.0	and everything you need to swap that office chair for a beach chair.
0:18.0	If you're looking for some one-on-one help, meet us at
0:21.6	rei-aise.com. Let's go. Let's go. Let's go. Let's go. Let's go. Let's go. Let's go. Let's go.
0:28.2	You need 50 rental properties to make $10,000 in monthly passive income. That's what most
0:33.3	real estate gurus will tell you. And I believe that too, until I discovered how to do it with just
0:37.5	nine properties in under 12 months. But first, let me show you something. This is my actual P&L from last
0:43.5	month, $10,847 from just nine properties in this market. But here's what's interesting. It didn't
0:49.2	always look like this. AI cleaned it up using a app called make.com. Really cool, but I'm not talking about
0:54.8	how it looks. I'm talking about the numbers. In fact, this statement used to consist of more
0:59.3	than 100 properties producing approximately the same income. The workload and management
1:03.7	were a disaster. And that was the first mistake I made. Thinking more doors meant more success.
1:10.1	Can you see this? Over 100 properties generating
1:12.6	about the same income that I make today with just nine. Why? Because I was chasing quantity over quality.
1:19.4	I was buying everything that I could get my hands on, including low income properties, mostly those,
1:24.6	high maintenance units, mostly those, problem tenants, mostly those,
1:28.7	and thin margins.
1:29.7	And many of those properties had no margins at all.
	...

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