We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Building Long-Term Wealth With Just 3 Properties (Less = More!)

Building Long-Term Wealth With Just 3 Properties (Less = More!)

2025/6/30
logo of podcast Real Estate Rookie

Real Estate Rookie

AI Deep Dive AI Chapters Transcript
People
A
Ashley Kerr
M
Matthew Morneau
T
Tony J. Robinson
Topics
Matthew Morneau: 我最初购买了一栋问题重重的房子,这让我学到了很多教训,并意识到面对恐惧才能克服它。我将这些经验应用到后续的投资中,不断寻找具有增值潜力的房产。虽然我经历过财务上的损失,但最终通过长期持有和策略调整获得了成功。我现在拥有多元化的房产组合,包括长期租赁、短期租赁和中期租赁,并积极探索新的收入机会。我建议其他军人投资者不要害怕,要有耐心,并始终寻找合适的购买价格。

Deep Dive

Shownotes Transcript

Think you need a **dozen **rental properties) to create generational wealth or retire with real estate? Today’s guest is proof that less is often more, especially if you’re not in a rush to scale your portfolio) and aren’t afraid to get your hands dirty. Want his personal playbook? Then don’t go anywhere!

 

Welcome back to the Real Estate Rookie** podcast**! Matthew Morneault didn’t consider himself a real estate investor when he bought his first property, a former meth house plagued with all kinds of issues. But **learning how to renovate) **on the fly, renting the property out, and eventually selling it for a profit gave him the knowledge and confidence to go out and **find his *****next ***investment. Today, he has three profitable properties—including one that brings in over $90,000 in annual revenue!

 

As you’re about to hear, Matthew has targeted **value-add opportunities **with bigger margins, refinanced his mortgage) at the right time, and pivoted to other investing strategies) when things haven’t worked out. In this episode, he’ll show you how to build a modest portfolio that catapults you toward your investing goals!

In This Episode We Cover

How Matthew brings in $90,000 in annual revenue from just ONE rental property

Turning a “messy” **first investment **into three profitable properties

How to identify the best** value-add opportunities for any investment property**

Little-known VA loan)** hacks** you can use to grow your real estate portfolio

The hidden value of** building relationships **with local credit unions

And **So **Much More!

Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠) and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-581)

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠). 

Learn more about your ad choices. Visit megaphone.fm/adchoices)