Episode #89: Backstage Guide to Real Estate with Matt Picheny

Today's guest is the legendary Matt Picheny, real estate syndicator (including syndication for Broadway) and the author of Backstage Guide to Real Estate. Tuning in, year how Matt turned a potentially devastating situation into the success story of his first buy, how he made the switch to full-time real estate investing, and the huge amount of learnable advice and hard-won experience that is available to readers of his book. We dive into the numerous parallels that can be drawn between the world of theater and asset management in real estate and how Matt’s interesting thespian background set him up for success as a Broadway syndicator. You'll get top tips and advice, as well as a sneak-peek into some of the chapters in the book, plus how his asset management superpower of persistence has served him not just in this sphere but in all aspects of life previously. Join us today for this punchy and information-packed conversation!Key Points From This Episode:An introduction to Matt Picheny and his fast climb from rock bottom to buying his first house.Some of his subsequent deals and making the switch to full-time.  What the reader can expect from Backstage Guide to Real Estate.How his experience with theater set him up for success in real estate.The many parallels of a Broadway syndication versus a real estate syndication.A peek into some chapters from his book, from selling air rights to tricks in a 1031 exchange.Hear about the comprehensive glossary, index, and keystone concepts you'll read.Matt's top nugget of advice on time versus money!His superpower of persistence and how it has served him in the past.A little about where you can hear more and get this fantastic book for yourself!Tweetables:“Don’t trade your time for money.” — Matt Picheny [11:46]“Persistence is my power with asset management; making sure that things are getting done and following through and being unrelenting, in a nice way, but making sure things get done.” — Matt Picheny [12:41]Links Mentioned in Today’s Episode:Matt Picheny on LinkedInMatt Picheny on YouTubeBackstage Guide to Real EstatePicheny: Your Backstage Guide to Passive InvestingAsset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YoutubeGary Lipsky on LinkedInBest in Class Garzella Group