REAL ESTATE INVESTING FOR EXECUTIVES MADE EASY WITH MATT PICHENY
We invited fellow member Matt Picheny, Founder of MJP Property Group, to lead a discussion around the power of purposeful investing to improve life for you, your family and even the world, one passive investment at a time.
- When investing in real estate, cash flow is king. Buying properties that generate a positive cash flow gives you the resilience you need to ride out dips in the market. You don't lose money if you never have to sell.
- Never trade your time for money. You can always generate more money but not more time.
- The three deal pillars that you need to evaluate when sizing up a deal are the sponsor, the market, and the deal.
- To understand your mission in a deeper way, always write down your real estate goals. Check in with yourself and keep pushing!