Matt Picheny is focused on developing passive income streams that enable investors to write their own story, and choose how they want to spend their time. He specializes in revitalizing and elevating communities through real estate investment, community enrichment, climate sensitivity, and the arts.
Matt has over 15 years of experience in property analysis, financing, acquisition, construction, operations, and has invested in over 7,000 apartments nationwide. He is a licensed real estate agent, a Fannie Mae & Freddie Mac approved buyer and has earned both Commercial Real Estate & Real Estate Finance certificates from Boston University. Matt is a member of the Fast Company Executive Board and the Forbes Real Estate Council.
A native of Orlando Florida, and a former actor, Matt still believes in happily ever after. He lives with his wife and their two daughters in Boston and in his downtime enjoys long walks on the beach, Broadway, Rock and Roll, and great barbecue.
[00:01 – 07:04] Opening Segment
Let’s get to know Matt Picheny
He talks about his unconventional path to real estate
[07:05 – 18:11] Matt’s Outlook on the Rental Market
Matt talks about his outlook on the rental market
Did his acting career help him in real estate investing?
We have an interesting exchange about Airbnb and Vrbo
[18:12 – 28:32] Active or Passive?
Here’s a home-building story you should not miss!
Should you go active or passive
Matt shares a piece of advice
Investing in Broadway shows
Matt’s experience here
[28:33 – 38:19] Why Choose Syndication
The exit strategy for a broadway show looks like this
Matt chose the syndication route for these reasons
The challenges that Matt needed to overcome
[38:20 – 48:21] Positive Impacts from Real Estate Investing
Matt’s motivations for writing his book
Making a positive impact on the world
He gives us a sneak peek into his cash flow
[48:22 – 52:23] The Contrarian 3-Pack
What would you say is the most contrarian investment you've made?
What's your favorite activity to do with your friends and family outside of work?
Spending time with his kids
Going out with his family
What offers you the most fulfillment in life?
Connect with Matt. Links available below.
"Passive or active [investing] is not a get-rich-quick [scheme]. It’s just not. It’s hard work." – Matt Picheny
"I also think the arts can be a catalyst for social and societal change." – Matt Picheny