164 - Badass Interview with Will Matheson

<p>Zero to 100 Million in 4 Years</p> <p> </p> <p>We have the better looking twin, Will Matheson on the show today! This young, 31 year old is killing it in the multi-family realm by starting small and short-term holds. He shares his top three reasons why starting small benefitted his company. Will also goes into five things NOT to do when buying multi-family properties. If breaking into the multi-family market is your jam, this is a great episode for you!</p> <p>At the end of 2017, Will Matheson and his twin brother Evan were a few months away from<br /> graduating Columbia University’s Masters in Real Estate Development program, and they were<br /> faced with a choice; go the traditional corporate route or start their own company. Despite<br /> having no track record, no ownership experience, and very little equity, they bet on themselves<br /> and opted to start their own company, Matheson Capital. By January of 2018, they had already<br /> completed their first acquisition, an $800k duplex in Los Angeles.</p> <p>With limited resources, Matheson Capital focused on smaller value-add properties and short-<br /> term holds. In the five years since their first purchase, they have completed another dozen</p> <p>multifamily / student housing acquisitions valued at over $100 million. They have worked with<br /> high net worth investors, family offices, private equity groups, and Wall Street firms, delivering<br /> an average investor IRR of 40% on their six completed projects.<br /> Despite changes in the market, Matheson Capital is continuing to push forward with the goal of<br /> owning $1 billion of real estate by 2027.<br /> Outside of real estate, Will is learning to fly a plane, and he also serves as a board member for<br /> Lowcountry Veterans, a homeless veterans shelter located in Charleston, SC.</p> <p> </p> <p class="MsoNormal"><span style= "font-size: 14.0pt; line-height: 107%;">To learn more about Jen Josey, visit</span> <a href= "http://www.TheRealJenJosey.com"><span style= "font-size: 14.0pt; line-heig