In this episode of Profit First for REI podcast, we interviewed Matt Theriault.
Matt has been a real estate investor for a long time and a big Profit First fan. He shared advice for people on escaping the rat race and how did he stay out of inflation.
He also shared a great insight about real estate, how it allows us to deal with money, and what it produces. Listen and enjoy the show!
Key Takeaways:
[01:07] Introducing Matt Theriault
[02:28] Following the traditional route
[05:47] Rich Dad, Poor Dad introduced passive income to Matt
[10:26] Micro trading
[15:12] Compounding asset
[20:35] A homeowner who owns one house is 40 times wealthier than the renter
[22:05] Matt's book
[23:10] Connect with Matt
[25:53] His advice for real estate investors
Quotes:
[06:39] “Kiyosaki's definition of wealthy is just having more money come in each month than you spend.”
[11:38] “You need to be careful on what you hold so dear to your heart and what you believe to be absolute facts… the system will always win.”
[19:34[ “You know what? It may be a bad investment, but if that is your only way to get in, get in with your primary residence.”
Connect with Matt:
Website: https://epicrealestate.com/
His Book: https://myescapebook.com/freedom-formula
Tired of living deal to deal?
If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. – David
