$150M in Net Worth in Under Two Years with Matt Onofrio - Member Spotlight Episode 167

MATT ONOFRIO | Matt Onofrio has a Doctorate in Anesthesia from Mayo Clinic in Rochester, MN. He is the founder and CEO of WMV, a commercial real estate investment company in Eau Claire, WI which specializes in the acquisition of triple-net commercial assets for both its founder and investors across several states. He is the sole owner of a $100M+ NNN commercial real estate portfolio and has been involved in over $500 million of commercial real estate transactions. Matt's book The Insiders Guide to Triple Net Investing will be released Sept 2022 from BiggerPockets. His hobbies are traveling, running, playing guitar, and he is bilingual in Spanish. Matt was born in Fort Collins, CO and currently resides in Eau Claire, WI. He spent his early years moving from one place to another as his parents were doing mission work. He traveled the country from 7-11 years old and was in Mexico City from 11-16 where he was home schooled. Matt paid his way through college and has credits from ten different universities. At one point, he was a horse wrangler and then became a firefighter for five years. He also went to nursing school and has a background in anesthesia at the Mayo Clinic. While in school, he was able to make $61k from partnering to buy an apartment building.  Now, Matt is focused on building his Commercial Real Estate portfolio. Highlights of the Episode: 01:48 - Introduction of the guest 04:04 - The start of the TripleNet journey 05:11 - How many deals between May 2019 to now 05:21 - Update on Net Worth today 06:05 - The steps taken 09:13 - How to create value despite being green 11:28 - How to receive 150 million net worth in two years 15:19 - Habits to become the person written in your vision 18:29 - How to get there after setting the intention 22:29 - Merging philosophies 24:35 - Anchored to purpose 29:23 - Steps to acquiring property and cash flow 32:45 - Seller carry as a viable strategy 37:06 - Does your business model still work? 41:29 - Accomplishments with the book 43:38 - What’s in the book? 46:13 - Why we should leave the comfort zone Quotes: “Sitting on the sidelines is never a great strategy.” - Matt Onofrio “You can choose suffering, or you can choose joy.” - Matt Onofrio “A piece of a deal is better than no deal..” - Matt Onofrio Connecting with the Guest: Website: http://www.mattonofrio.com Instagram: https://www.instagram.com/matt.onofrio/ LinkedIn: https://www.linkedin.com/in/matt-onofrio Connect with our growing community: Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Subscribe to our GoBundance Podcast: Soundcloud: https://soundcloud.com/gobundance-podcast Apple: https://podcasts.apple.com/.../gobundance.../id1110145229 Stitcher: https://www.stitcher.com/show/grab-life-big-podcast Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge

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