88: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth

<p>Today we’re thrilled to chat&nbsp;with New Jersey real estate investors&nbsp;Matt and Liz Faircloth&nbsp;on&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank">The BiggerPockets Podcast</a>, covering everything from the challenges of working with a spouse to purchasing a 10,000 square foot office space!</p><p>Matt and Liz have been hooked on real estate since buying their first single family home in&nbsp;2002. After years of self education, their fair share of learning pains and a healthy dose of hard work, the couple now&nbsp;owns over 100 units and has accomplished around 15 fix and flips. Employing a team of 11, their mission statement is to “revitalize Urban America” and to “transform lives through real estate.”&nbsp;Pick up some great tips on building an empire from the bottom up, choosing the best kinds of financing and earning that all-important track record of success.&nbsp;It’s all here, so don’t miss out!</p><p>In This Show We Cover:</p><ul><li>How Liz and Matt got their start in real estate&nbsp;as an engaged couple</li><li>The pros and cons of&nbsp;working with your spouse</li><li>How to successfully&nbsp;get organized</li><li>The importance of making a&nbsp;business plan&nbsp;from the get-go</li><li>The ins and outs of&nbsp;bookkeeping&nbsp;in a home business (program recommendations included!)</li><li>What you stand to gain from&nbsp;a&nbsp;tax deferred exchange</li><li>The thrills — and challenges — of buying a 10,000 sq. ft. office space</li><li>The all-important skill of flexibility (or “learning to pivot“)</li><li>How to gain wealth through&nbsp;commercial real estate</li><li>The intricacies of private equity, private lending, forming LLCs &amp; LLPs (and more!)</li><li>Proof that&nbsp;you CAN see 20-40% returns&nbsp;with no money down</li><li>How to&nbsp;add value to a real estate investment team without putting money up</li><li>The definitive guide to&nbsp;finding great employees&nbsp;for your business</li><li>Why&nbsp;modular homes&nbsp;may be your safest bet</li>