"So I think it's safe to say the tide's kind of gone out. So I think we're going to see a fair amount of businesses pitching their wagons to larger platforms or shutting down shop, and those customers having to go elsewhere for the services that they were previously providing." - Matt Rodak
Takeaways
- Consider alternative investments for diversification and potential higher returns.
- The interest rate environment has created uncertainty in the real estate market, affecting borrower buying activity and lender risk posture.
- Reading sources like HousingWire and The Daily Shot can provide valuable insights into the real estate market.
- Investing in single-family real estate and small manufacturing businesses can be lucrative.
- The Carolinas are a preferred real estate market due to their potential for growth.
Bio
Matt Rodak is the CEO and founder of Fund That Flip, an end-to-end residential real estate lender, SaaS solution, and investment platform that empowers real estate entrepreneurs to create wealth and more value in their communities. After years in commercial property risk management, Matt decided to actualize his passion: real estate. However, he quickly became frustrated with the challenges of getting access to fast, reliable, and sustainable capital to finance his deals. And in 2014, Fund That Flip launched.
Fund That Flip’s award-winning platform and simple process allow borrowers to get loan commitments within 24 hours and the fastest closing of any hard money lender. Investors can then purchase fractional shares of those loans, historically earning more than 10.8% returns. The Platform and team provide first-class support and industry-leading transparency into every deal, while also offering unprecedented access to an asset class previously dependent on “who you know.” Fund That Flip has grown nearly 300% in the past three years, and to date has originated more than $2.2 billion in loans, with 99.7% of principal returned, and more than 93% repeat borrowers.
Matt’s and Fund That Flip’s accolades:
- 4X inclusion on Inc. 5000
- Financial Technology Report’s Top 50 Financial Technology CEOs, 2020
- theMReport.com, Industry Thought Leaders, 2019
- Startup Weekly’s Founders to Watch, 2019
- Forbes Real Estate Council member
