175: The Power of a Team to Build a Multifamily Real Estate Empire with Mike O’Connor and Matt Wood

<p>Building a real estate portfolio can be challenging — but taking others along for the ride can help everyone achieve incredible results. That’s the topic on today’s episode of the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>,where we sit down with&nbsp;Mike O’Connor&nbsp;and&nbsp;Matt Wood, two young investors from the Atlanta area who have built a sizable portfolio (150+ units) in a very short time thanks to the power of a&nbsp;team. You’ll learn why they jumped straight&nbsp;from a single house to an apartment complex&nbsp;and the mindset and strategies needed to pull it off successfully. This highly entertaining show will have you taking notes — and laughing — ’til the very end!</p><p>In This Episode We Cover:</p><ul><li>The&nbsp;backstory&nbsp;of Mike and Matt’s&nbsp;investing career</li><li>The cool story on how they started&nbsp;working together</li><li>The value of&nbsp;analyzing deals</li><li>“Aunt Jemima” as their&nbsp;first property</li><li>What&nbsp;Section 8&nbsp;is and some of its benefits</li><li>Tips for bringing more people on the&nbsp;team</li><li>Why their&nbsp;first deal&nbsp;was important</li><li>How they find the&nbsp;right people&nbsp;for their team</li><li>How they scored a&nbsp;32-unit&nbsp;as their second deal</li><li>How they went from 32 to 100 units through&nbsp;creative financing</li><li>Tips for&nbsp;having a job&nbsp;while investing</li><li>WhatsApp&nbsp;and why they use it</li><li>How they&nbsp;differentiate roles&nbsp;in their company</li><li>The importance of&nbsp;systemizing and automating&nbsp;to scale their business</li><li>The&nbsp;Unique Wide Oak Deal</li><li>Why you should build&nbsp;relationships with your local&nbsp;banks</li><li>Why&nbsp;confidence&nbsp;matters in this business</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li><a href="https://www.biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="https://play.google.com/music/listen?t=BiggerPockets_Podcast_: