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
They think they get tenants.
Now they're like, they put all their money into the down payment because they're using an FHA product, right?
Three and a half percent down.
So the little bit they save that 15, 20, $30,000 is all they really had most of the times.
And they want to be a real estate investor, but they get into this quadplex.
And then what happens in a quadplex?
What happens in three other units?
people break shit.
Tenants and like things break.
And now you see it all the time.
I mean, I saw it like all the time on bigger pockets.
People like wanted to get into house hacking.
I bought a house and we didn't realize how much work it was going to be and the tenants and now they're running up all their credit cards.
And the whole point of why people do this is because they want to invest in real estate.
Right.
You don't want to stop at one.
You don't want it to hamstring you.
Right.
But I feel like a lot of these like multi-unit move in ready house hacks can hamstring you because if you don't have any equity there, you don't have anything left over.
Yeah.
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