Text us your ideas or thoughts on this episode!
Ed Matthews, the principal at Clark Street Capital and the host of the Real Estate Underground podcast, shares his incredible transformation from a Silicon Valley marketing executive to a real estate investment powerhouse. Discover how Ed's desire to achieve a better work-life balance for his family led him to build a formidable real estate portfolio that outstripped his corporate earnings. Tune in to hear about his calculated risks, strategic shifts in property management, and the personal sacrifices he made along the way.
Experience the rollercoaster journey of overcoming fear in real estate investing with Ed's heartfelt stories, including his teenage years working for home builders and his pivotal first investment during the 2008 economic downturn. Ed's tale of turning a $99,000 four-family building into a $410,000 success is a testament to the importance of perseverance and pushing past anxiety. Listen as he reveals the lessons learned from nearly collapsing a 10,000-square-foot building due to a contractor's blunder and salvaging a fire-damaged property, demonstrating the resilience essential for real estate success.
Finally, Ed discusses his shift from managing smaller multifamily properties to focusing on larger investments, illustrating the efficiencies and complexities of this transition. Gain insights into the nuances of property management, capital raising, and the strategic maneuvers required to thrive in the multifamily market. This episode is a treasure trove of practical advice and inspiring stories, ideal for anyone keen on understanding the intricacies of real estate investment and achieving a balanced, fulfilling life.
Website:
https://www.clarkst.com
Facebook:
https://www.facebook.com/ClarkStCapital
LinkedIn:
https://www.linkedin.com/company/clark-st-capital
Chapter Timestamps
(00:04) - Real Estate Transition From Silicon Valley
(10:57) - Overcoming Fear in Real Estate Investing
(20:41) - Real Estate Investor's Curveball Stories
(36:04) - Transitioning to Multifamily Real Estate
(41:59) - Real Estate Investment Success Stories
(50:11) - Real Estate Investment Strategies and Education
Highlight Timestamps
(04:41 - 05:56) Resigning Before Company Goes Public (75 Seconds)
(09:26 - 10:44) Work-Life Balance in Real Estate (78 Seconds)
(16:33 - 18:09) Real Estate Responsibility and Success (96 Seconds)
(20:41 - 21:44) Real Estate Investment Strategy Expansion (64 Seconds)
(29:57 - 30:32) Building Demolished Due to Subcontractor Mistake (35 Seconds)
(36:04 - 37:00) Property Portfolio Expansion Strategy (57 Seconds)
(40:44 - 41:57) Navigating Challenges of 1031 Exchanges (73 Seconds)
(43:57 - 45:24) Property Purchase With Added Land (87 Seconds)
(49:24 - 50:10) Real Estate Investment Success Story (46 Seconds)
(52:10 - 54:06) Sharing Knowledge in Real Estate Industry (115 Seconds)
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!