Pick the Hassle That Pays the Most with Matt Theriault (CFFL 0010)

Pick the Hassle That Pays the Most with Matt Theriault Jack Butala:                   Matt Theriault is the guy behind both the Your Do Over and Epic Real Estate Investing podcasts on iTunes. He's a fifth generation California native, and Desert Storm veteran. After his tour of duty, he resumed his pursuit of a career in music, which ultimately added up to 15 successful years, until the bottom fell out of that industry. I remember Napster. After a year or so of soul-searching, real-estate seemed to present the greatest possibility of doing so, through self-education, consistent and persistent action, he's been able to recreate the former life he once enjoyed through music and more, like teaching multiple streams of income, cash flow, and real-estate investing. Welcome Matt. Matt Theriault:                  Thank you very much. Thanks for having me. Jack Butala:                   I got a chance to listen to your podcast, I don't know, a couple days ago, because I knew we were gonna have you on the show. Congratulations man, nice work. Matt Theriault:                  Well thank you, Steven. Jack Butala:                   So you're from Los Angeles, right? Matt Theriault:                  I am. Jack Butala:                   What's the weather like, man? Matt Theriault:                  It's been 88 degrees for eight straight months. Jack Butala:                   (laughs) That's great. Matt Theriault:                  I get to talk to a lot of people just like you do, and they're form all over the country, and they complain about the cold and the rain and the snow, and I was lie, "Please, just one day of snow." I just want one day of snow. At least. They can't believe that I get bored and tired of 88 degree sunshine, and it's possible. It is. If you have too much of anything you want some change. Jack Butala:                   Right. Matt Theriault:                  Especially if one of those 88 degree days is on Christmas, and that's no fun either. Jack Butala:                   We've had very rainy week here, two weeks, and we have all been celebrating, here in Scottsdale. Matt Theriault:                  Yeah, You're in the middle of a desert and you get more rain than we do. I don't understand. Jack Butala:                   (laughs) So tell us who you are in the real-estate industry? Do you flip houses? Or what's your niche? Matt Theriault:                  I do a few things. Personally, I am an investor myself. I'm a cash flow investor. It was all inspired, you know, beck in 2000, 2001, by the book "Rich Dad, Poor Dad", like so many of us entrepreneurs were. Really, took an interest into crating passive income and multiple streams income, and in the real-estate world we call it cash flow. So I invested in a rel-estate investing education, and just started buying properties and holding them for rent. After three or four years of that, I found myself, per the definition inside of "Rich dad, Poor Dad" I had escaped the rat race. I got my passive income to exceed my monthly expenses. When people around you, your friends, you network, your family, they're kind of wondering like, don't you ever go to work anymore? Jack Butala:                   (laughs) Matt Theriault:                  Like yeah, sometimes. So that inspired a lot of coffee meetings, and lunches, and dinners, I just want to pick your brain, how did you do it? I want to do the same thing. So just teaching, I guess, kind of became a natural next step for me, and I started with a podcast and an online platform called the Epic Pearl Academy. Then it turned into, after I got done coaching people, they kind of said well, that's a lot of work. I never said it was going to be easy. Jack Butala:                   (laughs) Matt Theriault:                  I just said it was simple, and I did it. I'll show you how I did it. That, I guess, gave birth to a lot of  conversations, can you just do it for me.