Ep #7: Relationships, Buy, Rehab, Rent, Refinance and Repeat with Matt Teifke

You’re never too young to follow your passion and entrepreneurial spirit by starting your own business and building a brand in real estate. 

In this episode, Wayne talks to Matt Teifke, broker of Teifke Real Estate (TRE) Homes and part-owner of Stone Oak Property Management. Matt has a Master’s Degree from Texas A&M and began his career at 18 years old because he’s passionate about value-add real estate opportunities.

Topics on Today’s Episode:

• Value, Value, Value: Capture leads and make money on every aspect of real estate 
• Family Business: Create balance and merge work/wife relationship as a lifestyle
• Education Foundation: Set yourself up for success and always strive to be better 
• Challenges: Finding and figuring out creative ways to obtain real estate financing/lending
• Preparation: Constantly build relationships and investor base to raise capital
• Follow Up: How can you add significant value for investors, buyers, and sellers?
• Matt’s take on the Buy-Rehab-Rent-Refinance-Repeat (BRRRR) Strategy
• Wholesaling: What it is and why it’s important when finding value-add deals
• MLS Access: Know and learn the market to make money
• Contractors: Properly vet and perform due diligence; meet onsite and walk the property
• Partnerships: Set clear expectations and protect yourself by planning exit strategy