#15 Raising Private Capital with Matt Faircloth!

Matt Faircloth is the cofounder and president of the DeRosa Group, a real estate investment company that specializes in buying and renovating dilapidated properties. Matt and his wife, Liz, started investing in real estate in 2004 with a $30,000 loan. DeRosa owns and controls a diverse portfolio consisting of residential and commercial assets throughout the East Coast and has completed more than $30 million in real estate transactions involving private capital. Matt and Liz are active contributors to the BiggerPockets  community and parents to two adorable kids.  

Lessons you will learn today:

• The challenges of writing a book and Matt’s tips to help you get past the distractions. (Just let things happen)
• His definition of Private Capital: “Private capital is a source of money that comes from an individual, not a bank or other financial institution. It is positioned in two ways, as a loan (debt) or ownership (equity).”
• Different uses of debt and equity. Benefits and Risks
• Unique factors of Private Capital and how it has three characteristics that make it unique (Negotiability, Win-Win, The Source of The Money)
• Faircloth’s FOUR Prerequisites to raising private capital! (Education, Track Record, Personal Inventory, Business Plan)
• Keys to success in his business (Systems and self reflection)
• Ways to find and keep investors
• 3 Keys with Investments (Under promise and over deliver, Communication is everything, Fall in love with this business)
• Matt identifies two qualities above all else in chapter 4, integrity and trust.
• Running a marathon vs. a sprint and putting one foot in front of the other (In business)
• Finding our personality strengths in Chapter 6
• Some of the first questions investors will ask you
• Structuring deals in chapter 7-8
• How to remove your investor ceiling with raising private equity
• How Matt compartmentalizes his week with goals (Bring proactive vs. reactive)
• How he handles his investor relations
• His wife’s podcast!
• DeRosa Gives Charity!

DeRosa Group: https://www.derosagroup.com/

Book: https://www.biggerpockets.com/store/raising-private-capital-ultimate

Youtube Page: https://www.youtube.com/user/derosagroup

InvestHER Show: https://therealestateinvesther.com/