This is part 1 of my conversation with Matt Kontoff. Matt has managed his own rental properties while working full-time as a software engineer. He has been active in the day-to-day operation as well as overseeing renovations. More recently, he started investing in multifamily syndications to generate passive income. He is invested in over 1000+ units in the multifamily space and continues to search out winning investments. Matt founded Redwing Capital as a way to provide smarter real estate investments for other passive investors looking for stable

returns typically earned from multifamily apartment syndication investments.

In this episode, Matt Kontoff shares his story of how started as a software engineer and then transitioned to being a full-time real estate investor. She talks about her experience with buying and managing an apartment complex, and how her family has been in the real estate industry for many years. To learn more about Matt, listeners can visit him at Red Wing Capital!

[00:01 - 05:17] Investing Money In ROTH IRA

• Matt discusses multifamily properties and syndication in detail

• He explains how ROTH IRA investing is a great way to invest your money, as profits are tax-free except for UBI (unearned income credit)

[05:18 - 13:01] The Benefits Of Finding Out The Competition

• Matt discusses how to become accredited as a real estate investor
• He discusses how married people can increase their investment
• How to invest in real estate with IRA and how to do this effectively
• He discusses how to become accredited as a real estate investor
• The importance of teaming up with others
• Underwriting from a potential partner can be a risky proposition

[13:02 - 17:04] Closing Segment

• Matt recommends that investors ask for underwriting before investing, and to be friends with their potential partners in order to vet them more thoroughly
• To learn more about Matt, listeners can visit his website at Red Wing Capital!

Tweetable Quotes:

“I did my research on comps just to find out what the comps were and what the competition was, and then I decided to go for it. So, I did a lot of leg work up front, a lot of details because that's important.” – Matt Kontoff

“If you'll use your Roth IRA to invest in something and that investment borrows money to make a profit, then the profits that are attributed to that money that was borrowed is taxable, but not the profits that are attributed to the money that you put in yourself.” – Matt Kontoff

Connect with Matt through his:

Website: Red Wing Capital

LinkedIn: Matt Kontoff

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Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

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