Remote Investing 101, With Matt Cox | Episode 168
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On this Real Estate Hustlers Podcast episode, we will betalking with Matt Cox, the founder and managing member at Saucetown Properties LLC. You may have heard him on the "Saucetown Investor" podcast or read his writing on the "Saucetown Investor" blog. Matt got his start in real estate as a cold caller at a real estate investment firm in Portland, OR. While there, he bought his first investment property in 2018 and since thenhas quickly scaled the Saucetown rental portfolio. He has built a network of realtors, lenders, contractors, wholesalers, and investors in the State of Oregon who are passionate about creating value for clients in the Oregon Real Estate market.
Takeaways
Started investing in real estate during COVID-19.
Utilized the BRRRR strategy to scale his portfolio.
Emphasizes the importance of taking action over justlearning.
Investing remotely requires building a strong local team.
Market expertise is crucial for successful investing.
Avoid investing in unfamiliar markets without a competitiveadvantage.
Focus on properties with underperforming rent rolls.
Self-management of properties can lead to better oversight.
Raising capital from investors has helped scale operations.
The current market presents opportunities for cash-flowingdeals.
Connect with Matt:
Facebook: Matthew Forest Cox
LinkedIn: Matthew Forest
Visit us at:
Investor Portal: https://appelmangroup.investnext.com
Website: https://lnkd.in/g66wqQ7g
LinkedIn: https://lnkd.in/g2Fu2BZD
Facebook: https://lnkd.in/gVjbUi3p