The Magic of Passive-ish Income: How to Turn Your Commission Checks into a Real Estate Empire w/Matt Drouin

Agent Investor Podcast - A podcast by Tom Cafarella - Real Estate Investor & Coach - Thursdays

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In an industry with thousands of agents, the ones who take on investing are few and far between, despite the perks and the clear path to wealth it offers.    Many agents overthink investing, but it’s really as simple as doing your first deal. Even if it’s not perfect, getting started right away is the right move. It’s the least expensive tuition you’ll pay for a tremendous outcome.    If you’ve never bought an investment property, how do you overcome your hesitation? Does investing negatively impact our work as agents? In this episode, real estate executive and Partner at OakGrove Development, Matt Drouin shares why becoming a successful agent investor is easier than you think!  "Do a deal. It’s the least expensive tuition you’ll pay for a tremendous amount of upside on the back-end." -Matt Drouin   Three Things You’ll Learn In This Episode   Why real estate investing is “passive-ish income”Is there such a thing as a completely hands-off investing operation?   How investing impacts your real estate sales businessDoes investing make us better agents or will it compromise our ability to serve our clients at a high level?    The best time to buy your first investment propertyWhen it comes to investing, should we wait for the perfect strategy or take immediate action even if it’s imperfect?   Guest Bio   Matt is Partner at OakGrove Development, a real estate investment and development firm with a special focus on value-add commercial and residential properties in Rochester, NY. Over the last 15 years, Matt has been in real estate management, brokerage and development and grown his portfolio to 120 units of residential and commercial property. His company mission is in developing real estate projects that not only add value to their investors but also puts long term community interests front and center. Matt believes that you can do well and do good as a real estate developer and that ultimately community centric development boosts long term profits for investors. For more information visit http://www.rocrealcapital.com/, connect with Matt on LinkedIn and follow him on Instagram.