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
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