#107: H.U.G. Hand Me Up Generational Wealth w/Mathew Frederick
Listen now
Description
#107:  H.U.G. Hand Me Up Generational Wealth On this week’s show Gary chats with friend and personal mentor Mathew Frederick.  Mathew has over 30 years experience in real estate investing, residential, multi-family, new family and now mentorship for new investors. He’s built 250 homes, 3 x 50 unit condo buildings, restaurants, wellness clinics, building a triplex in Belize, and more! He created a brand strategy called the H.U.G. strategy, that he wanted to share. They also chatted with Joint Ventures, how to find them and how to structure them, EVEN if you don’t have any money. WHAT YOU’LL LEARN: * What is the H.U.G. strategy and how it can help * Why his brother handing a leather jacket down to Mathew inspired this strategy * What he’s learned in his 30 years of investing * Why he invests in the US, Alberta and the East Coast to ride out market specific downturns * The effect of racism on his belief system and how long it took to reprogram his beliefs * Why the sandwich generation has the income and money to invest in properties, but not the time to manage the property * How multigenerational investors can pool their resources to purchase and manage properties * How Gen X can JV with millennials or younger to manage the property * How the splits can be 50/50 or 60/40, and the cash flow can be directed to education, depending on the JV agreement * How to use investing to pay for post secondary education or private school * How older generations can qualify for mortgages, and younger might provide a downpayment or vice versa * Many people want to be investors, but can’t qualify * His unique formula that allows Doctors to invest and take days off * Why a coach or mentor can take you through the process * Why some people don’t use a mentor or coach * What is his hottest/favourite market * Why he’s adding a 3rd unit to rental properties * The BIGGEST mistake investors make according to Mathew * What timeframe should a new investor take action in * And MORE! Mathew’s Bio Mathew has 30 years of experience in real estate investing in residential, multi-family, new development & mentorship.  

While building 240 houses, and 3 50-unit condo buildings he founded a number of restaurants, wellness clinics, and a light manufacturing company.

Currently Mathew is building a 3 story triplex in Belize and coaching investors toward scaling-up their portfolio & considering multi-family. Resources: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!- Robert T. Kiyosaki 
Website/contact info for guest Web: RCCSOL.COM Facebook:  https://www.facebook.com/groups/3244429258965874/ Email: [email protected] Instagram: https://www.instagram.com/rccsol.investor/ Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from! Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca To learn more about Gary’s mentorship program, visit https://garyhibbert.ca Tags: #investing, #property management, #mentor, #DIY, #investorlife, #learning, #lifestyle, #passiveincome, #richdadpoordad, #coaching,
More Episodes
Starting Small, Building Big: The Journey w/Sandy & Kate MacKay #254   Sandy & Kate MacKay join me in studio for part 1 of a 2 part series to discuss our humble beginnings, they were only able to wholesale as they had $0, and I was trying to figure out our investment club, and we made a...
Published 04/18/24
Scaling Your Business: From Chaos To Order w/Adriana Ostapenko #253   Adriana Ostapenko is living proof that you can start with little and build your own empire. We dive in to how she’s built her empire in the multi-family space; the ‘purchase plus’ improvement strategy; The MLI Select CMHC...
Published 04/11/24