SPC066 – Matt Orf – 17 Years as a Continuous Improvement Engineer to Flipper

Real Estate Experience: Matt is a full time real estate investor and coach for new Real Estate investors. In the past two years of full time real estate activities he has flipped 3 properties without using any of his own capital. (Made profit on each flip) One of those flips he contributed most of the labor for the experience. The two other flips he was able to establish a team of contractors and implement some standard processes. He has acquired 3 rental properties in Kansas City, one of which was a subject to arrangement while the other two were acquired through private investor capital and leverage. These 3 properties now have a combined equity value of over $100K. Currently working toward a cash out refi to put toward an additional 4 or more properties in the Kansas City market. He also has a cash flowing duplex in New York, which is funded through a Self Directed IRA. In the last year he has been able to take 6 coaching clients through his program, which takes them from beginning investing knowledge through acquiring their first cash flowing property. Matt’s short term investing goal is to reach a specific passive income amount through buy and hold properties. Once obtained, focus on flipping, coaching, 1031 exchanges and commercial investments.

Relevant Work Experience: Matt spent 17 years working for Harley Davidson Motor Company in many different roles within the organization. He is a Six Sigma Black Belt, which is a system for process analysis and Continuous improvements. In these roles he was able to work in varied parts of the company from Materials, Logistics, Finance, Assembly, Supply Chain, Clean room development, Information technology, Organizational Development and training, to writing training materials for standard practices. The majority of this work revolved around Project Management and focus to details and repeatable processes to minimize defects in all areas. (waste reduction to increase profits.) These projects allowed Matt to work directly with all levels of the organization and with team members from around the world. In 2014 Matt retired and started 3 Real Estate Investment focused businesses.

Real Estate Education and Mentors: Matt is a life long learner. In the past two years he has worked with 3 private coaches focusing on areas of personal self development, Real Estate investing education and mentoring, health, wellness and mindfulness. He is currently in training to become a certified Bulletproof coach. He is certified in Project management, holds a black belt level degree in Six Sigma, is certified in Lean Manufacturing through the University of Michigan, and holds a business management degree from Park University. Matt is a regular participant on the Bigger Pockets online community and the local Kansas City Real estate association. He regularly consumes podcasts, audio books and traditional books that focus on diverse topics such as Real Estate, investing, mindset, personal growth, relationship building, tax savings, business creation and improvements. (and Star Wars) ☺

1) How much simple passive Cashflow are you making today and how are you doing it?
(You don’t need to give a number if you would like privacy. You can be vague such as halfway to quitting my job, cover my mortgage, Make 25% of my expenses, over $10k, although people like when people open up the kimono.) Enough to support my desired lifestyle.

2) What is your Han Solo moment – Han Solo and his buddy Chewbacca from Star Wars were cruising around the galaxy as lowlife smugglers but then cross paths with Luke and Leia and his life took a pivot point. Describe the resistance that was the catalyst for change.
At the time I had a full time career in corporate America, when I met my (currently) fiancé; she asked me a question that made the shift for me. It was the beginning stages of us getting to know each other, we were talking about what we did for a living. After I told her about what I did she asked me if I love my job. I took a few minutes to really think about it. It was at that moment I had the AHAH! I really disliked what I did! It was the first time I really analyzed how I got to this point. I did everything I was told I was “supposed to do”. Graduate high school, go to college, get a good job, invest in your 401K, work hard and everything will be “perfect”. It was far from perfect. I felt like I was living a lie. I had been duped. I wasn’t happy with where I was at all, and it was all based on the decisions I had made. Shortly after my answer to my fiancé, she said, “well if you don’t like your job, what are you going to do?”. I replied, I will be making a change and I will figure it out.”
Did you “burn the boats” or did you let it happen naturally – was there an internal (you decided to make a change on own – what was thought process?) or external trigger (ie got fired from your job)?
I burnt the boats in a huge way. That next Monday (after the talk with my now fiancé) I walked into the office and pulled my manager into a meeting room and handed him my two-week resignation letter. He was floored. He said what are we going to do? You have been with us for 17 plus years, what are you going to do? I replied, I have no idea, but it isn’t going to be this. I was 100% sure that I was making a change in my life to something that I truly desired to do. I took the next two weeks to get all my things in order and transition to a different life. I walked out of that building for the last time and felt as if the weight of the world was lifted off my shoulders. There was also a lot of fear and internal emotions involved I had to deal with. (All of which were great things)

3) Worst life/business moment what did you do after? Lesson learned?

4) Current 2-week experiment and 6-month project? (90-180 day goal) A mark of a high performer is to put your ego aside and accept the help of others and mastermind maybe folks can help you by you asking.
Current six month project is my first syndication in Belize. Can talk high level on it, but would love to get other investors to contact me for more info.

5) What is your simple passive Cashflow number? Now imagine you had 2x that amount… Describe your ideal day, detailed routine, and what projects you are working on.
I practice the “Miracle morning” most everday. – alarm goes off at 6 am. Meditate, breathe, yoga, goals review, schedule review, affirmations, BP coffee, intermittent fasting until 11am or 12 pm. Spending time with the girls before school- working on Real Estate investments (flips/rentals), Coaching others on building their portfolios and crafting their action plan to escape the rat race. I also coach small businesses and coaches on how to build systems and processes to reduce waste and increase profits. Every 3-4 days I will hit the gym- usually weights- Metabolic Complexes (A metabolic complex is a series of exercises performed fluidly together without rest. Complexes are ideal for fat loss. They involve tremendous amounts of work in a short time. For the time-crunched, complexes are invaluable.) I do quite a bit of reading and consume 3-4 podcasts a day. My top podcasts area:
The Tony Robbins Podcast
The Tim Ferriss show
The Way I Heard It
The Real Wealth Show
Dan Carlin’s Hardcore History
Bulletproof Radio
Bigger Pockets Podcast
Epic Real Estate Investing

6) Something that you have recently or thought about “burning your cash” on for time savings or an improvement in quantity of life.
7) Something that you changed your mind on? Our ego often gets in the way of greatness.

7) Tony Robbins identifies two large concepts that we are continually struggling to gain perfection at: #1-Art of Fulfillment and #2-Science of Achievement. If you died tomorrow and I were to email this to your kids a couple decades later… this is what they would hear.
What is your secret/hack for the “Science of Achievement?” Any secret habits to share? Morning or Nighttime ritual?
What is your secret/hack for the “Art of Fulfillment?” How you do contribute back?

8) Anything we missed and contact info if you would like anyone to get a hold of you. URL?
www.MattOrf.com
Matthew@CarboniteProperty.com

 


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