When borrowing private capital, some investors may require that after borrowing the funds, they get a preferred return, which is a return that goes to them before you get paid. Listen how these two guests pay that preferred return with a separate cash flowing property.
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If your finances are not in order, how will you track your progress?
Matt Wood and Mike O'Connor Real Estate Background:
- Multi-family Investment Experts who have portfolio of 140+ units in a few years
- Purchased a 100-unit building for $2.8 million with no money out of pocket
- Scaled a 16 unit complex that required a full rehab
- Began investing in real estate in their mid-20s while working full time jobs in 2013
- Based in Atlanta, Georgia
- Say hi to them at http://www.foundationsrealtygroup.com/
- Best Ever Book: Rich Dad, Poor Dad
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