Realty411 Magazine Featuring OCG Properties - Part Two | Page 13

structuring and risk miti- gation procedures in place on every investment. We also set up proper com- munication procedures for our management com- pany to keep our investors frequently updated on the progress of their invest- ment. Ginger: What due dili- gence is done on your investments? Mathew: Wow, where do I begin? I will give you the quick version. To start off, we do a complete neighborhood analysis on every property along with a market value analysis, which includes pulling comparable sales and get- ting an appraisal done before we close es- exactly what the majority of men do.” If you never quit, you will succeed no matter what adversity you face. Ginger: What is the first step someone needs to take to invest with you? Mathew: They need to call us and sched- ule a consultation. We look at each inves- tor’s resources, financial situation and in- vestment goals to make sure we help them invest the right way and surpass their indi- vidual investment goals. Once an investor schedules a consultation with us, we move them from sitting on the sidelines to devel- oping a passive income stream to retire on — as fast and safely as possible. Mathew: Do not give up, no matter what. Any business, any new venture or opportu- nity that you want to achieve, is 90% men- tal and 10% skill. If you never give up, you can never lose. It’s best said in the book Ginger: Do you have anything else you would like to share with our readers? Mathew: Yes, thank you. I would just like to add that some people will make up ev- ery excuse in the book for why they do not or cannot do something. I am here to tell “With technological advances you can invest anywhere in the world now, and it’s as if you’re investing in your own backyard.” crow. We also do a rental analysis, cash flow analysis, profit analysis, renovation analysis and every kind of analysis a CPA can think of to protect ourselves and our investors. In addition, we get an inspection by a qualified inspector and compare it to the renovation bid. Each renovation bid comes with an item-by-item, room-by-room breakdown of the renovation costs, includ- ing materials and labor. This is extremely important so you know what your costs are going to be on future renovations. When leasing a property, it is important to get a qualified tenant. If you do not, you will be sorry later when you have to evict them because they cannot afford the rent. We qualify them similar to a home loan pro- cess. We look at their debt-to-income ratio and credit. We do a background check and really get a good assessment of their per- sonality, which can tell you a lot. Ginger: What tips can you give to people who want to get started investing in real estate? Realty411Guide.com “Think and Grow Rich” by Napoleon Hill: “Before success comes in anyone’s life, one is sure to meet with much temporary defeat, and, perhaps, some failure. When defeat overtakes someone, the easiest and most logical thing to do is to QUIT. That is you that you can do ANYTHING if you focus and take ACTION steps towards its achievement. Do not let your emotions tell you it can- not be done, even if you were not initially successful. Even if it is difficult to see how you are going to accomplish it, don’t give up. There is always a way, but it comes down to taking action.  Most people give up at the mere thought of difficulty, and your success in real estate, and in life, are going to be based on your ability to focus and take action. Also, a successful investor has to be completely dedicated. They must ignore all of the people who have an opinion but are less- educated about the subject. Ginger: Thanks, Mathew. I wish you continued success in your investments. Mathew: You’re welcome, Ginger. For more information, please visit: www.ocgproperties.com or email: invest@owenscg.com | OCG Properties can also be reached at: (424) 757-4680 Photograph of Mathew Owens by Sam Green PAGE 13 • 2010 reWEALTHmag.com