#323: Matt Theriault - Buy, Hold, Prosper: The Simple Path to Wealth
Are you struggling to build wealth through real estate investing? Discover how to overcome common obstacles and create financial freedom with proven strategies.
In this episode of Wealthy Wellthy, Krisstina Wise welcomes back Matt Theriault, a seasoned real estate investor and coach. With decades of experience navigating multiple market cycles, Matt shares invaluable insights on successful real estate investing.
The main focus of this conversation is debunking myths about real estate investing and providing practical advice for both beginners and experienced investors. Matt emphasizes the importance of mindset, explaining how to use debt strategically and why real estate remains a powerful wealth-building tool despite market fluctuations.
Additional topics covered include the difference between good and bad debt, the potential for a nation of renters in the next decade, and Matt's "five ones" framework for tailoring real estate investing to individual strengths and preferences.
Ready to transform your financial future through real estate? Listen now to gain expert knowledge and actionable strategies from Matt Theriault's wealth of experience.
Key Takeaways
3:14 Real estate investing as a side hustle
14:07 Mindset issues in real estate investing
24:38 Using intellectual currency to invest
36:50 Leveraging debt to accelerate wealth building
46:42 Daily activities of a full-time investor
48:33 Coaching aspiring real estate investors
Memorable Quotes
"Real estate is the final frontier where the average person has a legitimate shot at creating real wealth. It's created more wealth for more people than anything else."
"There wasn't a single day in history where it was a bad day to buy real estate. Wasn't a single day. Now, you can't say that for selling real estate."
"Real estate is not risky, not risky at all. It's the safest investment out there. Where the risk comes in, from my experience over 20 years, it's the people you work with."
Resources Mentioned
Rich Dad Poor Dad by Robert Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Dave Ramsey Podcast - https://podcasts.apple.com/us/podcast/the-ramsey-show/id77001367
Connect with Krisstina
Website - https://wealthywellthy.life/
Instagram - https://www.instagram.com/krisstinawise
YouTube - https://www.youtube.com/@krisstinawise
Krisstina's Book, Falling For Money - https://www.amazon.com/dp/0692560904/
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