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EP 28: Investing in Larger Multifamily Properties and Adding Value Through Renovation with Matt Damon
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Hello and welcome to The Healthy Investor Podcast! Today, Bob shares a conversation with Matt Damon about investing in multifamily properties, having side hustle, and winning and having success but still taking the time to stay healthy physically and mentally. Matt seeks multiple pieces of advice from multiple different people and tries to keep the scope to just the things that are going to be most profitable. He also shares that you got to figure out where you are going to add the most value quickly that an end buyer is going to seek. In one of his projects, they promised their investors that they would return a significant portion of their capital back and estimated that to be like 40 to 50% within a year. Within about six months, they were able to return 80% of their capital back. Listen in to Matt's exciting success on this episode with your host, Bob Mastroianni.
In this episode, you will learn…
- Matt's transition from a W-2 job into what he is doing today
- The importance of getting multiple pieces of advice from multiple people
- First multifamily project
- A Good Deal Finds Capital
- What is Matt’s definition of success?
About Matt Damon...
Mathew Damon is a highly skilled professional with over ten years' experience in Finance and Analytics leadership in Fortune 100 companies. Matt is an approachable team leader with the ability to think strategically, innovate, influence and drive collaboration, open communication and thorough execution. He began working in the real estate development industry in 2012 for a start-up focused on land development for domestic and international renewable energy projects. In 2019, He started BroadleafREI, a residential rehabilitation company that buys and stabilizes distressed properties. Matt's greatest joy is being a husband and father to his two wonderful girls.
Connect with Matt...
Website: https://broadleafrei.com/
Facebook: https://www.facebook.com/BroadleafREIBoston
LinkedIn: https://www.linkedin.com/in/matthew-damon-00a04822/
Connect with The Health Investor Podcast on…
Instagram: https://www.instagram.com/healthy.investor/
LinkedIn: www.linkedin.com/in/bob-mastroianni-4b61461 Email: BobMastro1@gmail.com
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