Realty411 Magazine Featuring OCG Properties - Part Two | Page 11

California Life Tennessee Rentals L by Ginger Macias | photography by Sam Green ast year, while working as a pan- elist at a local real estate invest- ment club in Los Angeles, I had the pleasure of meeting Mathew Owens, a certified public accountant and owner of OCG Properties. I was so im- pressed by his experience and work ethic that I invited him to partner with me on syndicating real estate projects. Having worked closely with him for al- most six months now, I can say that he’s the real deal and you’ll be in for a treat if you get the chance to work with him. Mathew has many strengths that make him a great partner: integrity, organizational skills, and real estate and investment proficiency. Plus, he’s very likable. I have met a lot of people in this business, and I expect great things from him in the coming years. I recently sat down with him to ask about his real estate investing strategies and the current projects he’s working on out in Ten- nessee. Mathew has purchased, renovated, and sold or held more than 100 investment properties in the last three years alone. Below is a partial transcript of the inter- view I had with him. Ginger: Mathew, in your own words, what exactly does OCG Properties do? Mathew: In a nutshell, we help people in- vest in real estate. At OCG, we sit down and go over our client’s financial situation and resources to help them find the best ways to invest and meet their individual goals. With good in-house management in place, you can hold for long-term growth and re- ally get a great return on your money. On top of that, the price points are low enough that you can buy with cash and not even have to deal with financing. Talk about low risk! We help our clients achieve great returns on their money while doing all of the due diligence on every investment. We bring a ton of real estate experience to the table and help our investors every step of the way. Realty411Guide.com Ginger: What did you do before you became a full-time real estate investor? What is your background? Mathew: Let’s see, I grew up in the tiny town of Los Angeles and graduated from the University of California, Santa Bar- bara, with a degree in economics and an emphasis in accounting. Afterwards, I was able to achieve one of the accomplishments I am most proud of, passing all four parts of the CPA exam in one sitting, a feat only 10% of candidates have been able to do. After passing the exam, I worked as a CPA, auditor and business adviser, help- ing my corporate and individual clients increase their bottom line, helping them find fraud risk factors inside their business systems and auditing their accounting re- cords. I guess that is why I am so good at do- ing due diligence on real estate transactions now. The accounting and due diligence skills are a perfect match for a real estate investor, I just had to adjust my personality to be more outgoing and personable, which most CPAs are not known to be. Being in the real estate industry as a full-time inves- tor, I am finding it is rare to find a CPA who understands the tax and legal implications of investing and the real estate investment side in detail. Ginger: So tell us, how did you get your start in real estate? Mathew: I started investing about five years before I decided to take some real estate education courses and quit my cor- porate job cold turkey. I found that the skill sets I gained from working at CPA firms were hugely valuable, and I still hold the partners of those firms with the upmost respect for what they taught me, the eth- ics they instilled in me and the guidance they gave me. However, the skills that I have developed running my own company are unparalleled to anything I would have ever expected. While working for myself, I started flipping and holding properties > PAGE 11 • 2010 reWEALTHmag.com