Matt Porcaro
speaker
689 appearances
2 recordings
1 series
first heard Nov 2024
last heard 1 May
Matt Porcaro’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.
Appearances
Like me and my wife picked every single thing we wanted.
There was no house that we would have ever been able to pick.
That would have gotten everything.
I could have bought something moving ready.
It's not like I didn't, but.
I'm tainted in the fact that even my own primary residence, I can't look at as not an investment.
Like it has to be an investment too.
We all do that.
And we all do it.
It makes it, you know, it was like, you know, point of contention sometimes with my wife, you know, understandably, like I would call it a deal.
I would catch myself calling it a deal.
It's not, it's our house, but, and she's right, but it's still an asset, right?
It's still something that you have to look at.
And I, that's,
The essence of what I preach with anybody is as a first time home buyer, never, ever, ever, ever buy your forever home as your first home.
get that multi-unit property, build equity, put your, if you do nothing else but buy a duplex for three and a half percent down, you put $20,000 down, you live in one unit, you rent out the other, you basically barely ever pay the mortgage.
You renovate it, you build some equity, you accelerate that equity, you live in it for a couple of years, you move out and you rent out both units.
And let's just say it breaks even.
In a place like New York, that's appreciating five to 10% a year, if you do nothing else,
you have a million dollar asset in 30 years that you never paid into except that initial $20,000.
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