41 minutes | Aug 17th 2020

Ep #7: Relationships, Buy, Rehab, Rent, Refinance and Repeat with Matt Teifke

Play
Like
Play Next
Mark Played
You’re never too young to follow your passion and entrepreneurial spirit by starting your own business and building a brand in real estate.  In this episode, Wayne talks to Matt Teifke, broker of Teifke Real Estate (TRE) Homes and part-owner of Stone Oak Property Management. Matt has a Master’s Degree from Texas A&M and began his career at 18 years old because he’s passionate about value-add real estate opportunities. Topics on Today’s Episode: Value, Value, Value: Capture leads and make money on every aspect of real estate  Family Business: Create balance and merge work/wife relationship as a lifestyle Education Foundation: Set yourself up for success and always strive to be better  Challenges: Finding and figuring out creative ways to obtain real estate financing/lending Preparation: Constantly build relationships and investor base to raise capital Follow Up: How can you add significant value for investors, buyers, and sellers? Matt’s take on the Buy-Rehab-Rent-Refinance-Repeat (BRRRR) Strategy Wholesaling: What it is and why it’s important when finding value-add deals MLS Access: Know and learn the market to make money Contractors: Properly vet and perform due diligence; meet onsite and walk the property Partnerships: Set clear expectations and protect yourself by planning exit strategy   
Play
Like
Play Next
Mark Played