S4E24 - Mathew Pezon - Going from $50K in Debt to $3M in revenue with real estate

Payback Time - A podcast by Sean Tepper

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My next guest shares his story of going to engineering school and racking up $50K in debt to getting a job to pay off that debt. Then he realized real estate investing can be a more effective way to not only pay off debt but to build wealth. In this episode, we talk about how long it took to pay off the debt, red flags to look for on the application, how much he charges per unit, and how he scaled this business to $3M in revenue. Please welcome, Mathew Pezon. Key Timecodes (00:59) - Show intro and background history (03:28) - Deeper into his background history and business model (06:15) - How he achieved financial independence with real estate (08:09) - Understanding his marketing strategies (10:57) - What are the red flags running that real estate model (13:42) - A bit about his numbers (15:57) - How he scaled this type of business (20:33) - How many properties were enough for him to be able to leave his job? (24:29) - What is his revenue today (20:55) - Deeper into his business model and strategies (24:21) - What are the biggest challenges he faced and how he overcame them (30:13) - What is the worst advice he ever received (31:27) - What is the best advice he ever received (33:05) - Guest contacts Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place. Want to start investing in the stock market with confidence? 👉Join Tykr for free: https://tykr.com/   👉Investing courses: https://edu.tykr.com/  🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com