MDM 12 | Million Dollar Monday With Matt Faircloth

In this episode, Matt explains that his first million came from holding real estate long term. The biggest checks Matt has ever cashed were created through buying solid assets, letting debt amortize, capturing cash flow, and eventually selling after years of appreciation or forced value creation. Matt contrasts this with the recent era of short-term multifamily flips, which he views as a temporary market anomaly. His last million is coming from an eight-year hold on a 49-unit property, where Matt added “paper value” by securing site plan approval for additional units on an adjacent parcel. That entitlement process cost around $80,000 but created roughly $1.2 million in additional value. Looking forward, Matt expects to make his next million through business building. Matt is focused on scaling DeRosa and two other undervalued companies by improving operations, investing in leadership, and elevating each brand to its next stage of growth. Key Highlight Point - Matt made the first million by holding real estate long term and allowing appreciation and amortization to build equity. - Matt attributes large wealth gains to buying good assets and staying in them for years.

- Matt believes the era of 18 -month multifamily flips was an anomaly driven by an unusual market cycle.

- Matt warns that future value creation in multifamily will rely more on long-term ownership and cash flow. - Matt’s last million is being earned from selling a 49-unit property held for eight years. - Matt created additional value by securing site plan approval on an adjacent parcel. - Matt spent around $80,000 in professional fees for engineering, legal, and approvals. - Matt and investors expect to gain roughly $1.2 million from that entitlement work alone. - Matt plans to make the next million by scaling existing businesses, including DeRosa. - Matt believes his companies are significantly undervalued and will grow through improved operations, leadership development, and strategic investment. Seth Bradley’s Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq https://www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq Matt Faircloth's Link: https://www.facebook.com/mdfaircloth/?utm https://www.linkedin.com/in/mdfaircloth/ https://www.instagram.com/themattfaircloth/?hl=en&utm