Today’s guest, Will Matheson, proves that sometimes going smaller brings bigger success in real estate investing. He talks about how he and his twin brother started by purchasing a single property in Los Angeles and subsequently built their portfolio within the Carolina market. 

This episode also highlights the strategies that have positioned them favorably in the competitive and dynamic market and the uninterrupted benefits they deliver to their investors, even amidst the fluctuations of the real estate environment. 

Tune in and see the possibility of beginning with no experience and an established track record in real estate!

Key Points & Relevant Topics

• How Will acquired his first property in Los Angeles 
• Will’s outlook while building their portfolio in Carolina
• Focusing on small assets and shorter hold period
• Challenges and opportunities for new investors in today’s market
• Should investors hold back from investing because of the current market condition?

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Will Matheson

At the end of 2017, Will Matheson and his twin brother Evan were a few months away from graduating Columbia University’s Masters in Real Estate Development program, and they were faced with a choice; go the traditional corporate route or start their own company. Despite having no track record, no ownership experience, and very little equity, they bet on themselves and opted to start their own company, Matheson Capital. By January 2018, they had already completed their first acquisition, an $800k duplex in Los Angeles. 

With limited resources, Matheson Capital focused on smaller value-add properties and short-term holds. In the five years since their first purchase, they have completed another dozen multifamily / student housing acquisitions valued at over $100 million. They have worked with high-net-worth investors, family offices, private equity groups, and Wall Street firms, delivering an average investor IRR of 40% on their six completed projects. 

Despite changes in the market, Matheson Capital is continuing to push forward with the goal of owning $1 billion of real estate by 2027. 

Outside of real estate, Will is learning to fly a plane, and he also serves as a board member for Lowcountry Veterans, a homeless veterans shelter located in Charleston, SC. 

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