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Backstage Guide to Real Estate: Produce Passive Income, Write Your Own Story, and Direct Your Dollars Toward Positive Change

Pulling back the curtain, Matt Picheny reveals the power of purposeful investing to improve life for you, your family, and even the world, one passive investment at a time. His uncommon journey from actor to real estate investor exposes the power of passive income to liberate you from a future of necessity, setting you financially free to write your own story.

From the thrill of victory to the agony of defeat, Matt takes us along on his eclectic path to financial freedom, sharing lessons learned (sometimes the hard way) to help light our way forward. Building a portfolio alongside his day job, Matt rescripted typical real estate investing strategy with his value-centric approach that benefits both residents and investors.

From a starter home in Washington Heights to flipping houses and ultimately finding his niche in apartment syndication, Backstage Guide to Real Estate shares the keystone concepts of property ownership and wealth management that Matt learned along the way.

You’ll
With an optimistic win-win approach and practical advice, Backstage Guide to Real Estate is for busy business entrepreneurs, inspired leaders, nomadic visionaries, and change agents everywhere, who want direct the power of their investment dollars to make positive changes in their world.

272 pages, Paperback

Published February 9, 2022

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About the author

Matt Picheny is a real estate investor, operator, entrepreneur, best-selling author, and two-time Tony Award®-winning producer. As Founder and Managing Partner of Picheny, he has served as a General Partner on nearly 5,000 apartment units representing more than $675 million in real estate acquisitions. Before real estate, Matt spent nearly two decades building businesses and leading digital initiatives for global brands including Visa, IBM, Verizon, and Coca-Cola.

Matt began his career as an actor and later returned to the theater as an investor and producer. His #1 best-selling book, Backstage Guide to Real Estate, draws on that unconventional journey to explore real estate investing, financial independence, and using capital to create positive change.

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Displaying 1 - 3 of 3 reviews
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5,332 reviews505 followers
July 12, 2022
In Backstage Guide to Real Estate, author Matt Picheny discusses real estate, investments, financial freedom, and life hurdles, among other exciting topics. The author is insightful and discusses crucial in-depth subjects that involve money and living a good life. The author starts his book by writing about his journey as an accidental investor, his trial and error methods, and how he got rich through real estate.

I appreciate the author for his openness and being genuine with his readers. Matt Picheny writes that it took him time to amass wealth from real estate. His journey was not simple, but through determination, he made it.

This book gives you a step-by-step guide on what to do, the suitable investments to pick, the path to take, and your relationship with money. I found the author’s discussions on the relationship with money profound. Matt Picheny does not conceal his experiences; he writes about his highs and lows and even invites the reader to his world.

Readers that enjoy rags to riches stories will love this book. Matt Picheny shares life lessons and encourages anyone on a self-making journey not to give up hope. I like the language he uses in ‘this book. It is unassuming. He uses few words, but the message gets home. When talking about his personal experiences, the author knows what to filter and what will benefit the reader.

I like that Matt Picheny owns his mistakes with grace and is willing to admit that he was wrong and correct his ways. The author is articulate and lays down his points skillfully. The financial concepts in the book are applicable, and the author’s objectivity is admirable.

Backstage Guide to Real Estate is for all ambitious people in business. The financial gems in this book are plenty. Some of the significant takes from this book include; teamwork, making the dream work, building a community of trust, Learning to pivot i.e., being flexible with change, and When you are sinking, don’t let go of the boat.
21 reviews3 followers
April 1, 2022
Recommended!

I wasn't sure what to expect from this, but was very impressed upon reading. This provides an excellent overview of many different types of real estate investing and actually drills down into a lot of crucial details. At the same time, I found it to be very easy to read and enjoyable. This is a tough balance for books geared towards more technical topics, but the author pulls it off very well. I appreciate the personal narrative that helps the reader follow the processes in a relatable way, but there are also appendices included which focus on hard facts and figures. Great job!
1 review
May 17, 2024
For anyone wanting to learn about real estate investing from an experienced and successful person, I would highly recommend this book. It walks you through different real estate strategies you can implement - value-add, house hacking, foreclosures, multifamily, syndications - while taking the time to define and clearly explain the different concepts that need to be understood by any investor.

A great part of the value of this book comes from the advice that the author gives to help newcomers avoid making the same mistakes he has made along his real estate journey. I felt there was a real purpose of helping others.
Displaying 1 - 3 of 3 reviews