Real Estate Underground
Ed Mathews
Real talk from an operator who learned real estate the hard way.Ed Mathews analyzed 1,100+ deals before buying his first property in 2011. Frozen in fear. He made every mistake, all while traveling 150+ nights a year working for some of Silicon Valley's top companies. 100+ deals later, he shares what actually works and what doesn't.Each week, Ed brings you candid conversations with experienced operators, investors, and syndicators. No hype. No theory. Just real deals, real lessons, and the street-level intelligence you won't find anywhere else.You'll hear about:Deals that worked (and the ones that didn't)What we learned when contractors ghosted and we had to step inHow to vet opportunities when everyone else is sitting on the sidelinesConservative underwriting in markets that punish optimismSystems that protect capital when deals go sidewaysWhether you're analyzing your first deal or your hundredth, this is the conversation you'd have over coffee with someone who's been there, made the mistakes, learned the lessons and built the track record.New episodes weekly.
Episodes
Mentioned books
Jul 29, 2025 • 30min
Car Washes, Flex Industrial, and the Alpha Strategy with John Azar
Send us Fan MailEpisode Resources:Email: azar@peak15cap.comWebsite: www.peak15cap.comElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jul 22, 2025 • 7min
SPECIAL Beyond the Bank: Why Smart Investors Choose Real Estate Debt Funds
Send us Fan MailWe explore how real estate debt funds work for passive investors and why becoming a limited partner might be the smart solution for steady income without property management headaches.• Investing as a limited partner means putting your money into a professionally managed fund that lends to real estate investors• Limited partners earn consistent returns (typically 7-10% annually) without dealing with tenants, renovations, or property management• Real estate debt funds lend money secured by properties, typically at 60-70% loan-to-value ratios• Returns are distributed monthly or quarterly as interest income that is likely taxable• This strategy works well for busy professionals, retirees, or anyone seeking passive income backed by real assets• Most suitable for investors prioritizing capital preservation and cash flow rather than appreciation• Income is typically taxed as ordinary interest income, making tax-advantaged accounts worth considering• Next episode will cover fund structures, deal sourcing, and how investors get paidIf you enjoyed this format and got some value out of it, leave a comment and tell me what else you want to learn about.Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jul 15, 2025 • 22min
Flex Space: The Hidden Gem in Commercial Real Estate with Alec McElhinny
Send us Fan MailEpisode Resources: Website: https://land-play.comHeads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jul 8, 2025 • 29min
From Active to Passive: The 1031 Exchange Revolution with Ben Carmona
Send us Fan MailEpisode Resources:Website: www.perchwealth.comCellphone Number: 818-269-4972Elevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jul 1, 2025 • 41min
Beyond Blueprints: An Architect's Journey into Real Estate Investment with Mark Shuler
Send us Fan MailEpisode Resources:Website: sgreinvestments.comEmail: investor@sgreinvestments.comElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jun 24, 2025 • 25min
Building Success One Deal at a Time with Daniel Angel Mejia
Send us Fan MailEpisode Resources:Website: apexinvestments.usEmail: Dangel@ apexinvestments.usLinkedIn: www.linkedin.com/in/daniel-angel-mejiaElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jun 17, 2025 • 43min
You Don't Need To Be Special To Succeed in Real Estate Syndications with Chad Ackerman
Send us Fan MailEpisode Resources:Book: Invest Smart Spotting Red Flags in Real Estate Syndications by Gary Lipsky Email: chadackermanrealestate.comElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jun 10, 2025 • 39min
The Ladder Against the Wrong Wall: Finding Purpose in Real Estate with Vincent Gethings
Send us Fan MailEpisode Resources:Social Media:www.facebook.com/vince.gethingswww.linkedin.com/in/vincent-gethings-50420a137www.instagram.com/vince.gethingsEmail: vince@wheelbarrowprofits.com tricityequitygroup.comElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
Jun 3, 2025 • 32min
From SWAT Team Raids to Financial Freedom: A Real Estate Journey with Jessie Lang
Send us Fan MailEpisode Resources:Book: https://a.co/d/hAegcXIFacebook Group: https://urlgeni.us/facebook/unlockedguideMini Course: https://www.unlockedrentals.com/minicourseoptinElevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
May 27, 2025 • 22min
The Engineer Who Traded Rockets for Real Estate with Chris Lento
Send us Fan MailHeads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!🎧 Subscribe to Real Estate Underground for weekly insights on building wealth through real estate, without sacrificing your sanity.Additional Resources:Clark St Capital -> Passive real estate investments for busy business owners and executivesElevista -> AI SaaS for real estate investorsClark St Academy on YouTube -> Learn how to invest in real estateSocial Media:LinkedIn -> Ed Mathews (President at Clark St and Elevista)
