Video: Visit Our Gut Rehab Project (& Learn Construction Terms Every Investor Should Know!)

Video: Visit Our Gut Rehab Project (& Learn Construction Terms Every Investor Should Know!)

1 min read
Matt Faircloth

Matt Faircloth, co-founder and president of the DeRosa Group, is a seasoned real estate investor. The DeRosa Group, based in historic Trenton, N.J., is a developer and owner of commercial and residential property with a mission to “transform lives through real estate.” DeRosa creates partnerships to finance select real estate investments and has a proven track record of providing safe, profitable investment opportunities to their clients.

Experience
Matt, along with his wife Liz, started investing in real estate in 2004 with the purchase of a duplex outside of Philadelphia with a $30,000 private loan. They founded DeRosa Group in 2005 and have since grown the company to hundreds of units in residential and commercial assets throughout the East Coast. Under Matt’s leadership, DeRosa has completed tens of millions in real estate transactions involving private capital, including fix and flips, single family home rentals, mixed-use buildings, apartment buildings, and office buildings.

Matt is an active contributor to the BiggerPockets Blog and has been featured on the BiggerPockets Podcast three times (show #88, #203, and #289). He also regularly contributes to BiggerPockets’ Facebook Live sessions and teaches free educational webinars for the BiggerPockets Community.

Matt authored the Amazon Best Seller Raising Private Capital: Building Your Real Estate Empire Using Other People’s Money. The book is a comprehensive roadmap for investors looking to inject more private capital into their real estate investing business and is a must-read for anyone looking to grow their business by using private lenders and equity investors. Kirkus, the No. 1 trade review publication for books, had this to say about Raising Private Capital: “In this impressively accessible introduction to a complex subject, Faircloth covers every aspect of private funding, presuming little knowledge on the part of the reader.”

Matt and his wife Liz live in New Hope, Penn., with their two children.

Education
Matt earned a B.S. in Industrial and Systems Engineering with a minor in Business from Virginia Tech. (Go, Hokies!)

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DeRosaGroup.com
DeRosa Group’s YouTube channel
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Hey there, BP! It’s important to know basic construction terminology so that you can communicate better with contractors. Because I don’t know much about construction, I went out and found a business partner who does.

Related: Rehabbers Beware: 5 Big Issues Distressed Properties Hide (& How to Detect Them)

We are in the middle of a gut rehab of a 4-story building in downtown Trenton, and I am taking you along for a site visit! The building is a very large mixed use building in the middle of a redeveloping area. We are going to meet my partner Adam, who will give us an explanation of some terminology, including the bones of residential construction — wood framing.

Investors: What latest projects are underway for you? What other real estate-related terms have you found helpful to know in your line of work?

Leave your comments below, and let’s talk!

Hey there, BP! It’s important to know basic construction terminology so that you can communicate better with contractors. Because I don’t know much about construction, I went out and found […]