7:29] Opening SegmentI introduce our guest, Matt PichenyMatt shares why he’s in real estateInvestors are just one key reason. Find out the other. He tells us when it is advisable to hold a deal forever[7:30 - 15:32] “It’s impossible to underwrite deals like that”Matt tells us what he’s looking for in a dealTrailing 12-MonthsRent RollOffering MemorandumHe shares advice about letters of intent that you might want to check out![15:33 - 25:37] Building Broker Relationships  Matt walks us through his approach in making dealsBuilding relationships with brokers is crucialHe talks about how they’re handling COVID-19He shares how they raised USD 11 million of capital in two days[25:38 - 34:33] Passive Losses in Passive InvestingMatt talks about passive lossesThere are rules for real estate professionals and non-professionalsPartner with us. Visit 5tcre.com/invest We talk about making income while reducing taxes with the right strategy [34:34 - 40:45] Closing Segment Matt tells us more about his upcoming bookHe talks about his other endeavors Connect with Matt. See links below Final words from Matt and meTweetable Quotes:“I look at investment as activism.” - Matt Picheny“Whoever you’re investing with...make sure that your goals and your values are aligned with theirs.” - Matt PichenyResources Mentioned:Passive Real Estate Investment Can Be Win/Win With The Right Syndicator------------------------------------------------------------------------------------------Connect with Matt on LinkedIn and Facebook or call him at (646) 522-1369. Visit their company online, where you’ll get updated on Matt’s upcoming book. Check them out also on LinkedIn and Facebook. Guest Email: [email protected] with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] the Show.