The Del Walmsley Radio Show

From High-Paying Oil Jobs to Real Estate Freedom | Matt & Candida Wolfram Success Story


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"We were both successful in upper management in the oil and gas industry... but our tax bill was enormous. That's what really started us looking into alternative investment vehicles." - Candida

 

What happens when two highly successful oil industry professionals earning six figures decide they're "sick of the corporate grind"? Matt and Candida Wolfram discovered the answer through real estate investing, retiring from their demanding careers and building a portfolio of 23 passive deals totaling 3,500 doors.

 

This isn't another get-rich-quick story. The Wolframs were already financially successful with engineering degrees, MBAs, and excellent salaries working in Houston's oil and gas industry. Yet something was missing. Their massive tax burden from two high W-2 incomes and the realization that they were trading time for money with essentially zero passive income led them to explore real estate as an escape route from corporate life.

 

Their journey reveals the exact strategies that allowed Matt to retire approximately 11 months after joining Lifestyles Unlimited in 2016, while Candida followed after completing her golden handcuffs obligations. From skeptical professionals to successful multifamily syndicators now managing properties in Tennessee, their story shows how real estate can transform even the most comfortable corporate careers into true financial freedom.

 

What You'll Discover

• Why calculating your "passive return on net worth" revealed they were making essentially zero passive income despite substantial wealth

- How Matt retired in about 11 months by combining multifamily passive investments with 8 single-family rental houses

- The networking strategy they used to connect with experienced investors and find quality multifamily investment opportunities

 

Key Timestamps

03:08 The Tax Wake-Up Call - How an enormous tax bill from two high W-2 incomes sparked their search for alternative investments and led them to real estate

05:52 The Devastating Calculation - The eye-opening moment when they calculated their passive return on net worth and realized they were making essentially zero passive income despite substantial wealth

12:05 Finding Deals Through Networking - The simple but powerful strategy they used to connect with multifamily syndicators and get on distribution lists for quality deals

19:32 The 11-Month Retirement Strategy - How Matt retired from his oil industry job using passive multifamily investments plus 8 single-family houses for immediate cash flow

26:08 From Passive to Syndicator - Why they decided to become multifamily syndicators themselves and how they found their first deal in Candida's hometown of Knoxville

 

FAQs

How did Matt retire in approximately 11 months with real estate?

Matt combined income from 3-4 multifamily passive investments with cash flow from 8 single-family rental houses he purchased in less than a year. This strategy replaced his net take-home income and qualified him as a real estate professional for additional tax benefits, allowing him to write off real estate losses against earned income.

 

What made them transition from passive investors to multifamily syndicators?

As successful upper management professionals in oil and gas, they had transferable skills in business operations, finance, and accounting. The desire for more control and visibility over their investments, combined with confidence gained from their passive investing experience, motivated them to become syndicators.

 

How many passive deals have they invested in through Lifestyles Unlimited?

According to the transcript, they have invested in 23 passive deals totaling 3,500 doors since joining in 2016. They currently have 16 deals in their portfolio with about 3,100 doors, as some deals have sold over the years.

 

Ready? Follow the Roadmap Today

Learn Why Traditional Retirement is Broken and How to Make Money 5-6 Ways in Real Estate FREE workshop reveals what actually works instead of failed 401k strategies.

Join FREE Live Case Studies - Meet real investors and see their actual numbers. Connect with like-minded people and make new friends who are building wealth through real estate.

What if You Could Stop Guessing and Learn from Real Investors? Get proven strategies from people who actually own properties and have thrived through three recessions. Complete education, supportive community, and mentors who've been building wealth for over 30 years with real results.

 

Connect With Us

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The information and opinions on the Del Walmsley Radio Show are for entertainment purposes only and do not constitute investment advice. Please consult a professional regarding your personal investment needs.

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The Del Walmsley Radio ShowBy Del Walmsley

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