The Andrew Hines Real Estate Investing Podcast · Andrew M. Hines

Is This the Ultimate Strategy for Finding Hidden Real Estate Gems? with Mat Piche

·57 min·3 clips

The U.S. lead cost is about 45 dollars versus thousands per lead in Canada.

Episode 285 starts with context. Andrew says Matt Pichet is back for roughly the fifth time, but the dynamic is different now because they are business partners. The focus is Florida: what they are building there, why Matt is done with Canada, and how his move backs up the way he talks about investing. The tone is loose, but the details are practical. This is two investors comparing what is working, what is irritating, and what still needs to get tighter. Land comes off as the cleaner lane. House deals can still work, and the math can be attractive, even with a possible hundred-thousand-dollar result. But houses bring renovations, contractors, and a lot more day-to-day friction. Andrew and Matt both say they would rather do land when the choice is equal, because the process seems simpler and less dependent on chasing people around. Houses are not gone, though. They still solicit them because some can turn into rentals, and rentals fit the bigger plan: hold good assets instead of selling everything just to keep cash moving. Matt lays out the larger ambition, a monstrous portfolio built with creative financing, low buys, partners when they make sense, and patience. The long game is straightforward. If the structure works, they can keep the assets, let them pay down over time, and avoid being forced sellers. They also keep themselves honest on scope. Mobile home parks and multifamily are on the wish list, but the current machine has to work before they chase every branch. Andrew's startup comparison fits. The business sounds fast-moving and messy, with the rare upside that it could be profitable in its first year. The ending stays candid: they are working hard, juggling a lot, and running into daily headaches, but the launch has gone faster and smoother than either of them expected.

As heard by us

A candid operator conversation about Florida flips, market watch, and U.S. growth plans.

Andrew Heinz and Matt Pichet spend this episode 285 catch-up on the Florida flipping business they are building, the market they are watching, and the mindset they think matters once the work gets real.

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Why you'd press play

If you want the real talk behind a Florida flip shop, start here.

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