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Home > Living Off Rentals > #214 - When to leave your day job for real estate - Matt Floyd


	Podcast:		Living Off Rentals
	Episode:		#214 - When to leave your day job for real estate - Matt Floyd
	Category:		Business
	Duration:		01:01:03
	Publish Date:		2024-03-20 11:00:00
	Description:		In this episode of Living Off Rentals, our guest is someone who left his full-time job to live off rentals, a goal for many of us. Matt Floyd is a real estate investor who uses rental properties as his tool for financial freedom. Fresh from his transition from working a full-time day job to becoming a full-fledged entrepreneur, he shares great insight on how he got started doing real estate. He will also share the power of picking the right types of deals. Take a listen and enjoy the show! Key Takeaways [00:00] Introducing Matt Floyd and his background [06:37] The mindset shift to financial freedom [14:12] Transition to short-term rentals [22:21] Different metrics to look for when deciding on a deal [34:07] Lessons Matt learned in managing properties [37:54] Getting VAs [45:29] How much did Matt pay for VAs? [47:21] Automation and property management back-end software [52:31] His realizations after leaving his W-2 job [57:43] Embrace the uncertainty of being a full-time entrepreneur [59:46] Connect with Matt Floyd Guest Links Website – stayclassyhomes.com Email – matt@stayclassyhomes.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals
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