Podcast Episode #518: Real Estate Reality Check: Strategies, Caution, and Cash Flow for Today’s Market – Mathew Owens
Episode #518: Dentist Freedom Blueprint Podcast
Real Estate Reality Check: Strategies, Caution, and Cash Flow for Today’s Market – Mathew Owens
Resilience and adaptability are key traits for success in real estate. Today, I am joined by Mathew Owens, CPA and Owner of OCG Properties and OCG Capital. We discuss the transition from active income to passive income for long-term security.
Mathew shares his personal journey of rebounding from a 50k loss to making a 70k profit and the importance of learning from challenges such as contractor fraud and market downturns. Listen in to learn more about what due diligence is necessary, the insight active real estate investing can offer, the benefits of maintaining low leverage and high cash reserves, the importance of building relationships with real estate operators, and more!
Minute Markers:
04:40 – How being in finance introduced Mathew to working with multi-family real estate.
07:15 – Why he started joint venture flips.
10:37 – How to weather long term financial downturns, and why you should have cash reserves on hand.
14:35 – Why investing passively is better in the long run.
19:19 – Why it’s so important to do due diligence and background checks before investing with a company.
26:47 – The danger of co-mingling funds.
27:25 – The power of owning and fixing mistakes.
28:18 – How he went from a 50k lost on a deal to a 70k profit instead.
30:04 – Why grit is so important to success in adversity.
36:10 – Why financial advisors can’t answer if you have enough to retire.
38:40 – How a cash-flow strategy gives you long term stability.
Featured on the Show:
Mathew Owens: LinkedIn | Website | YouTube
Masters of Real Estate Podcast: Dr. David Phelps Interview
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In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
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