Building a real estate business can be one of the best ways to achieve financial freedom. The problem for most, however, is money: There simply isn’t enough in your hands to get all the deals you want. That’s why today’s show might be the most impactful podcast episode you’ve ever heard. In today’s interview with Matt Faircloth, author of the new book Raising Private Capital, shares the steps needed to begin raising money from others to fund your real estate deals. You’ll discover the different types of private capital (and how to approach each), how Matt and his wife were able to grow from 30 units to over 300 (!) using other people’s money, and why talking about metrics to a private lender might not be a great idea at first. If you want to 10x your real estate portfolio or build your empire faster, this is one show you can’t afford to miss!

In This Episode We Cover:

Who Matt Faircloth is
How they’ve reached 380 units to date
Tips for building wealth by investing in business
What you should know about opportunity cost
Finding deals versus making good deals
How to raise private money
Tips for starting a business with friends and family
A role-play call with David
The number one question potential cash providers ask
Why you should start with debt
A new way to look at debt
When the SEC gets involved
About his book
And SO much more!

Links from the Show

Books Mentioned in this Show

Fire Round Questions

Tweetable Topics:

“When it comes to raising money, you got to establish trust first.” (Tweet This!)
“People should start with debt.” (Tweet This!)
“It’s not about finding good deals, it’s about making good deals.” (Tweet This!)
“You’ve got to squeeze the lemon and make something out of it.” (Tweet This!)

Connect with Matt

Learn more about your ad choices. Visit megaphone.fm/adchoices

289: Using Other People's Money to Build Your Real Estate Empire with Matt Faircloth 01:15:09

BiggerPockets Real Estate Podcast

Shownotes Transcript

PodQuest PodQuest Podcast Discovery Engine tailors playlist for your curiosity

289: Using Other People's Money to Build Your Real Estate Empire with Matt Faircloth