How This Gloucester Property Developer Built a 32-Property Portfolio by 28 Without Shortcuts - Property Developer Show

How This Gloucester Property Developer Built a 32-Property Portfolio by 28 Without Shortcuts

At just 28, Gloucester-based property developer Matt Riley has quietly amassed a diverse 32-property portfolio and he’s just getting started. From HMOs and blocks of flats to supported living projects, flips, and now new builds, Matt’s journey is anything but typical. It’s built on discipline, deep strategy, and relentless perseverance, not deep pockets.

In a recent episode of Property Developer Show – The Podcast, Matt lifts the lid on how he scaled, including how he acquired 18 units in just 12 months using the BRR (Buy, Refurbish, Refinance) strategy. But it wasn’t all smooth sailing. He also shares the full story of his very first deal, the one that almost broke him and how surviving that set the tone for everything that came next.

The power of mindset over money

What stands out most in Matt’s story isn’t the numbers, it’s the mindset. His success has less to do with initial capital and more to do with:

  • Building genuine relationships with agents
  • Mastering BRR and sticking to the fundamentals
  • Staying disciplined through setbacks and self-doubt
  • Scaling his team without losing control

Matt makes it clear: there are no shortcuts. Building wealth through property means playing the long game, staying grounded, and staying hungry.

Lessons for aspiring developers

If you’re early in your property journey or stuck wondering what’s missing, this episode is a must-listen. Expect raw insights on:

  • How to buy with confidence
  • Why resilience and delayed gratification matter more than quick wins
  • What it really takes to grow a portfolio that lasts

Matt doesn’t sugarcoat the process, but that’s what makes his story so valuable. It’s a reminder that success in property development isn’t about hype; it’s about doing the hard things consistently. Watch and subscribe here.

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