Epic Real Estate Investing - The Shortcut to $10KMonth Passive Income from Rentals (in just 12 months) | 1419

Episode Date: February 4, 2025

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

This is Terio Media. Hey, strap in. It's time for the epic real estate investing show. We'll be your guides as we navigate the housing market, the landscape of creative financing strategies, and everything you need to swap that office chair for a beach chair. If you're looking for some one-on-one help, meet us at rei-aise.com. Let's go, let's go, let's go, let's go, let's go, let's go.

Let's go. You need 50 rental properties to make 10,000, $1,000 in monthly passive income. That's what most real estate gurus will tell you. And I believe that, too, until I discovered how to do it with just nine properties in under 12 months. But first, let me show you something. This is my actual P&L from last month, $10,847 from just nine properties in this market. But here's what's interesting.

It didn't always look like this. AI cleaned it up using a app called make.com. Really cool. But I'm not talking about how it looks. I'm talking about the numbers. In fact, this statement used to consist of more than 100 properties produced. approximately the same income. The workload and management were a disaster. And that was the first mistake I made. Thinking more doors meant more success. Can you see this? Over 100 properties generating

about the same income that I make today with just nine. Why? Because I was chasing quantity over quality. I was buying everything that I could get my hands on, including low-income properties, mostly those, high-maintenance units, mostly those, problem tenants, mostly those, and thin margins. And many of those properties had no margins at all. But here's what happened when I started focusing on quality properties, just nine properties, similar income, and most impactfully, a fraction of the headaches. How? Because I learned to target what I call grade A properties and grade A locations with grade A tenants. This is why Elizabeth was able to hit her $10,000 monthly number with just 12 properties. She didn't make my mistake of chasing every shiny object to find deal. Instead, she used our seller-sniper

system to find what I call invisible inventory, premium properties with motivated sellers. But this is where it was kind of funny. You know, something that I didn't see coming because my second mistake was trying to manage everything myself. I mean, even with working with multiple property managers, a hundred plus of these types of properties essentially had Mercedes and I running a full-time property management company that managed property managers instead of building well. Here, watch this. We'd spend at least half of our week, every week. putting out fires, reviewing maintenance requests, approving change orders, managing cash flow from all the tenant

turnover to now just two to three hours a month overseeing just nine properties. This is why Jamie can manage eight properties making $9, 112 of monthly income in just two hours a week because he's dialed into his real estate DNA code, and I'll explain that in a minute. The third mistake that kept me trapped in a 100 property nightmare, trying to compete in the retail market. See this property right here? It took me 47 offers in two days to get one accepted for $74 of monthly passive income. That's exactly what I used to do, throwing offers at everything, hoping that something would stick and stuff would stick every now and then, but the ROI, let's just say I could do better. Now, look at this. This is one of my nine current properties here in this market, and I got at 27% below market value

with zero competition. Even better, the seller financed it. This one property makes more monthly cash flow than 10 of my old properties combined. This is exactly what Jade did. Five premium properties in seven months, instant equity in every one of them, and each property producing the cash flow

of five traditional rentals. Now, you might be thinking, Matt, what happened? Where did the big shift come in? First, it didn't happen overnight, but this is how it happened. By focusing on three core ideas that I learned in a mastermind. The first one being, our DNA-matched property criteria ensures that every deal matches the goals.

That's essential. Two, our seller-sniper system finds motivated sellers of premium properties, that hidden inventory I was talking about. And three, our automation system that turns properties into legitimate passive income. This is why, Elizabeth, 12 premium properties verse traditionally 50 plus needed for most people. Jamie, eight high-performance properties instead of 40 plus. And Jade, five grade A properties replacing potentially 25 plus properties. But here's the critical part that I learned in that mastermind.

You can't just copy what worked for them or even what worked for me because I learned something crucial in downsizing from 100 properties to 9. Every investor has their own real estate DNA code. It's why some people thrive with 100 properties while others flat out win with just 10. It's not about the number. It's about matching the right properties with the right strategy for the right person. Now, despite this important personalization part, there are some universal truths to pulling this off for yourself.

It. And this is a big it. If financial freedom is important to you, first you want to focus on cash flow, not door count. Remember my PL that I showed you? 100 doors may feed the ego, but it's the bottom line net cash flow that feeds the freedom. That's what I mean by quality over quantity. I stopped chasing every deal and waited for the right ones using a seller-sniper approach. Second, leverage high-quality properties, like Elizabeth, 12 properties and just over $10,000

of monthly income. Why? Because she targeted what we call forever rentals, properties in stable neighborhoods that attract long-term tenants. Remember my issues with maintenance requests, change orders, and constant tenant turnover? That really doesn't happen with quality properties. Third, optimize your financing. There's a whole new world of financing outside of banks and credit checks most people don't

have a clue about, finding the right sellers and creating proof. win-win deal structures, that can accelerate your wealth building faster than anything that I know. Fourth, systemized property management. You know, Mercedes and I, we went from 20 hours a week managing property managers to three to four hours a month just because we focused on quality over quantity and put the right management systems in place. No more robbing Peter to pay Paul because of another bad rent-ready rehab and tenant turnover. Fifth, set clear financial goals. This is what I wish I had known 14 years ago. Instead of chasing more doors, Chase your enough number.

For Jade, it was $9,000 a month to quit her nursing job. And she hit that with just nine properties in 15 months. Not your typical story, but she did it. This is why your Jump Start program focuses on finding the right properties, not just any properties. It's about building a portfolio that serves your life, not consumes it. And that's why I created Jump Start to get my client started right. And it's not just another course or coaching program.

I mean, there's enough of those out there. and they're really not the answer for most people anyway. Jumpstart is more of a 12-week transformation that points an aspiring investor in the right direction, gives them a little nudge, creating enough momentum to get them and keep them going. And that begins with a personalized real estate DNA code assessment. If you'd like to take a look and even hop on the phone to discuss,

you can at real estate dna code.com. It's like $30 or something for the online assessment, but I'll put your DNA code together and break it down for you personally at no charge. I'll give you a few options, and then you can call the shots as to how it looks from there. I'll see you next time. Take care. And that wraps up the epic show. If you found this episode valuable, who else do you know that might too? There's a really good chance you know someone else who would.

And when their name comes to mind, please share it with them. And ask them to click the subscribe button when they get here, and I'll take great care of them. God loves you, and so do I. Health, Peace, Blessings, and success to you. I'm Matt Terrio. Living the dream. Okay, only 10 more presents to wrap. You're almost at the finish line.

But first... There, the last one. Enjoy a Coca-Cola for a pause that refreshes. This podcast is a part of the C-suite Radio Network. For more top business podcasts, visit C-Sweet Radio. com.