In this podcast episode, Daniel Martinez, alongside guest host Anthony from San Antonio, introduces Matt Larson, a prominent figure in the real estate industry, hailing from the Midwest and currently residing in Illinois near his lake house. Matt shares his journey from disliking Illinois and leaving Chicago to making a significant impact in real estate, transitioning from working in a machine shop directly out of high school to owning warehouses and flipping houses over 19 years. The discussion also delves into Matt's early motivations, including a pivotal breakup that led him to pursue real estate, and his success in navigating the 2008 financial crisis to expand his portfolio significantly. Throughout, Matt emphasizes the transformative power of real estate, his approach to scaling during downturns, and the value of hard work and resilience in achieving success.
1:20: Transition to Real Estate. Matt shares how he transitioned from working in a machine shop after high school to entering the real estate industry, marking his 19th year in the field.
2:45: Motivation Behind Real Estate Career. Matt recounts a pivotal moment in his life at 26 when a breakup due to his lack of financial status propelled him into pursuing real estate as a career.
6:01: Success During the 2008 Financial Crisis. Discussing his career's trajectory, Matt explains how he capitalized on the 2008 financial crisis, growing his portfolio from 30 to 450 properties by 2013, and emphasizing the strategic advantage of scaling during economic downturns.
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