The Simple Systems Behind a 150-Unit Rental Portfolio (8-Hour Workweeks!)

**Dave Meyer** (0:00)
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Imagine waking up to discover that the wealth you spent years building is gone. That's exactly what happened to Matt. Well, the.com crash wiped out his 100% stock portfolio overnight. He was left asking, what now? How do you rebuild from zero? For Matt, the answer was real estate. But to keep his dream of early retirement alive, he'd have to make up for lost time. And he did. One property snowballed into a few, a few turned into dozens. And today, Matt, known as the lumberjack landlord, is retired in his 40s with more than 150 rental units. Many investors spend a lifetime getting to where Matt is. So what's his big secret? In this episode, he's gonna share his exact playbook for scaling with small multifamily, including the systems and processes he uses to self-manage his really large rental portfolio, and he does it in just eight hours a week. So whether you're starting small, starting late, or starting over, Matt is proof that financial freedom is never too far out of reach. And if you mimic what he did, it's probably much closer than you think.
Hey, everyone, I'm Dave Meyer, joined as always by my co-host, Henry Washington. Our guest on the show today is Matt, the Lumberjack Landlord, who self-manages a rental property portfolio in New Hampshire. Let's bring him on.
Matt, welcome back to the Bigger Pockets Podcast. It's great to have you here again.

**Matt** (4:07)
Super excited to be back, and now we brought friends.

**Dave Meyer** (4:10)
What's up, buddy? Yeah, this is gonna be great. I'm glad we're all here together.
Matt, you had a very fun first episode here on Bigger Pockets Podcast, for people who didn't catch that one. Maybe just give us a little bit of your background, who you are, how you got into real estate.

**Matt** (4:26)
I'd lost my money in the.com bomb in the early 2000s. For a 20-year-old, I'd saved up a lot of money. It saved up like $27,000 at 20

**Dave Meyer** (4:34)
Damn.

**Matt** (4:35)
That was a lot of money. It was because I lived on almost nothing, and all I did was tuck it away and put the money away, and so I did that. I was rewarded with two companies that got hush numbers, and then one was found for fraud, and I watched my $27,000 largely evaporate. Man. Then started a search for what's the next thing I'm going to do.