Matt Porcaro has been in the real estate business for 5 years now, and like most people, he entered this world looking for the golden ticket: Financial Freedom. 29-year-old Porcaro, soon realized that by entering the workforce, he was never going to achieve the idea of quitting his 9 to 5 regular job. With the help of one of the greatest money motivators on Earth, Robert Kiyosaki, Matt got his first taste into understanding how people actually get rich.
Matt Porcaro is the vivid image of dream achievement: He graduated from Manhattan College with a Bachelor of Science in Electrical Engineer, and right now he is the Electrical Project Manager for Broadway National, a company that helps facilities like Walmart, Starbucks, UPS, Morgan Chase, and many more to drive down costs and achieve transparency on their electrical services in New York City. Imagine that! Plus, he has been a real estate agent for more than 12 years now and he is the creator of the bestseller, The 203K Way Method.
In this episode, we talk with Matt about how he founded The 203K Way and why he thinks looking for this loan is the best decision he could’ve made in his life. Porcaro shares why having enough money to buy a gaming console makes you richer than most people, and the importance of your first deal in a real estate career. Porcaro is convinced that if every person could know exactly what a 203K loan can give you to get a property and fix it, this move can get you closer to achieving your dreams and securing your financial future. Stay with us in this episode as we learn from 29-year-old Matt why you need to pay for mentorship and all the benefits it can give you in the long term, taking it slow on the rich thing instead of looking for the fast dollar, and why you need to learn a skill you can sell to anyone.
01:21 – Introducing Matt: The Infomercial Wet Dream.
06:31 – Spending thousands of dollars on rabbit holes. We’ve all been there.
09:48 – Calling is the new cool and why making money is like dating.
12:08 – Buying the next new thing and hoping this would be THE ONE.
15:00 – The mentor who had the right answer.
18:25 – How your 9 to 5 job (that you actually hate) will help you achieve your dreams.
21:08 – How Matt’s life was changed by a single phone call.
24:31 – Matt’s first house: a diamond covered in poop.
28:46 – Why no one wants to get involved in a 203k loan even when it is real estate’s best-kept secret.
33:00 – A one year deal, an important anxiety attack and rewarding equity that changed Matt’s life in just eight months.
37:12 – Why your first deal is the most important thing you will ever do in your real estate career.
40:19 – The 203K Way: build your dream house and make money out of it.
48:16 – Getting rich slow is the true getting rich fast.
Get Connected with Matt
EXCLUSIVE OFFER — > The 203K Secrets Guide
Rich Dad Poor Dad by Robert T Kiyosaki
Your First 100 Million by Dan Peña
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