From W-2 Employees to Real Estate Syndicators: $300K-$400K First Deal Returns

What this episode covers

"We personally put in 10% of that, so $90,000. So we have anywhere from a 300 to a $400,000 gain on about a million dollars. So it's a 30 to 40% return in a year on this." - Matt Metry   What happens when two successful W-2 employees decide traditional retirement isn't enough? Healthcare executive Matt Metry and top-producing realtor Melissa Metry discovered something that transformed their financial future over a 7-year journey.   After 25 years of steady income with "no end in sight," Matt realized his career wasn't set up for true freedom. Despite good earnings, the tax burden was crushing and passive income seemed impossible. Then childhood friend Mike Hanna introduced them to a proven system that would change everything.   Starting as passive investors in 2017, they methodically learned the business through seven deals with five different lead investors. By 2024, they were ready to lead their own syndication - raising $900,000 in under two weeks for a 12-unit property that generated $300,000-$400,000 in gains.   What You'll Discover   Learn how Matt and Melissa transformed from passive investors to successful syndicators over seven years. You'll discover their methodical approach to learning the business, why they chose multifamily over single-family investing, and how they found their first deal on the MLS after tracking it for eight months.   Matt reveals the tax disadvantages W-2 employees face and why real estate became their strategic wealth-building plan. Melissa shares her experience leveraging her real estate background while navigating the dramatic differences between residential and commercial transactions.   Most importantly, you'll hear their complete business model: how they repositioned Crossroads Townhomes on Esperanza Road to achieve market rents, the team-based due diligence process they used, and why their 28 investors are already supporting their search for the next deal.   Key Timestamps   02:58 - The Coffee That Changed Everything - How childhood friend Mike Hanna's advice led Matt and Melissa to connect with mentorship and follow a proven plan   04:20 - Why Success Wasn't Enough - Matt explains why 25 years of career success with "no end in sight" motivated the search for passive income and tax benefits   10:50 - Finding Their First Deal on MLS - Why Melissa kept telling Matt to "run the numbers" on a 12-unit property they tracked for eight months until the price dropped   18:30 - Raising $900K in Under Two Weeks - How building relationships for years allowed them to attract 28 investors ranging from $15,000 to $60,000 each   23:00 - The Business Model That Built $300K-$400K Returns - How they repositioned a 1987 property to achieve $1,590 market rents and 10% NOI increases   ...

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