Ep. 132: Investing While Living Abroad with Matthew Baltzell

While currently living in Thailand, Matthew Baltzell works as an analyst for Boardwalk Wealth. He also hosts the Real Estate Journeys podcast where he focuses on helping investors acquire 100 units to become location independent.

 

Partner: Download a Free Sample Apartment Deal Package

  

Key Insights

• Raised in Denver, sold everything and traveled to Berlin and then Thailand
• He and his wife are expecting his first child (it’s a boy)
• Leveraged BiggerPockets and virtual meetups to start connecting with investors in the US to get started in multifamily
• Works with Boardwalk Wealth on analyzing deals and other tasks
• Wants to help investors get 100 units to be location independent
• Team Sport for Commercial Apartments: Underwriter, limited partners, general partners, attorneys, contractors, property managers, etc.
• Why 100 units? Clearing $100 per door with 100 units ($10k per month, $120k annually) should be a good freedom number for many investors
• You don’t want $1MM, you want a $1MM lifestyle
• Jacksonville and Atlanta are seeing strong YOY rent growth
• Like markets with over 1 MM population in the MSA
• Rents 10-15% below market value
• Launched Real Estate Journeys to get his name out and connect with investors

 

Bull’s Eye Tips:

How has a failure or apparent failure, set you up for later success?

Went belly up managing 10 SFRs for his mother

 

Most Recommended Book:

The Alchemist by Paulo Coelho 

 

Most Recommended Digital/Mobile Resource:

Dropbox

 

Daily Habit

Going to the gym

 

Wish I Knew Starting Out

To not be afraid of thinking big

 

 

Real World Advice

You are your greatest asset. Don’t let someone else’s perception of you become your perception of you.

 

Current Curiosity

Being a parent, technology and global economics

 

Best Place to Grab a Bite

Thailand Restaurants Don’t Really Have Names

 

Resources:

Real Estate Journeys

 

Tweet This:

“If I can start from thousands of miles around the world in Thailand, you can start today.”

 

 

Connect with Matthew:

Email: matthew@matthewbaltzell.com

 

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