The Secret To Achieving Financial Freedom Through Real Estate Investing and Software Development
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The Secret To Achieving Financial Freedom Through Real Estate Investing and Software Development
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On this episode of The Freedom Chasers Podcast we talk to Bryce Matheson about flipping houses, investing in real estate, lending, and building software. Join us as we talk about Bryce’s journey to financial freedom!
How to reach Bryce Matheson:
Instagram:https://www.instagram.com/brycematheson/
Youtube: https://www.youtube.com/c/BryceMatheson
Website: https://brycejmatheson.com/web-hosting-course/
Quotes:
“That's kind of where I tasted the blood in the water and that's where it just started.”
“There were too many of those little things that added up.”
“All those little things added up and ultimately that’s, I think that’s the problem and it came back to bite us.”
“The banks have the biggest buildings for a reason.” - Matt
“All of these different methods are tools in your toolbelt that you can use to make money.
“Mostly just because it's kind of like the headache tax.”
“I'm not going to just say no to free money.”
“All too often people are afraid of taxes.”
“There's very little downside but there's all the upside.”
“I have to say “no” more than I say “yes” ”.
Concepts:
Bryce bought a broken down house from a guy who was in jail for grand theft! He had to communicate with him by letters!
Bryce bought his house a couple years ago and he met his wife because of real estate investing!
Bryce used to study IT in college but then switched to real estate when he decided to buy a house!
Sometimes people over think about the house they’re looking at and can think themselves out of the idea of buying the house.
Bryce has a good strategy. When he gets money, he pays things he has off and invests in real estate.
To not flip and sell a property, Bryce said that the interest rates would have to be super high!
Bryce has started to get into lending! Right now Bryce is only lending to people locally.
Bryce has a lot of opportunities but he’s found that most of the time he has to say no. He wants to say no more than yes so that he’s not so swamped with ideas!
Time Stamps:
0:00- Introduction
0:31- Craziest Real Estate story or Transaction
8:56- What got you into Real Estate?
11:53- What was the transition into Real Estate?
13:28- What was the next step?
16:14- What do you like about flipping more?
18:05- What did you do wrong the first time?
19:57- What did you do with your cash?
22:31- What would it take to hold a property and not flip it?
25:52- What are the headaches of being a lender?
27:10- Do you lend locally?
28:45- What is your tax strategy?
30:57- What is rentastic?
33:01- What is the work process?
26:46- What do you recommend for getting into the business of coding?
41:44- What does the next 6-12 months look like for you?
43:27- What is your money tracking system?
46:12- Note servicing company?
47:10- Non performing notes?
48:22- What is the best way to reach out to you?
49:10- ENDING
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