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b'Taylor welcomes Will Matheson, an experienced real estate investor with great success in multi-family and student housing deals. Listen in as Will shares his tips for young investors on how to build their book of business, reputation, and confidence when starting. He will also discuss the differences between owning and operating student housing versus multi-family properties, what to look for when selecting a market and assessing a property, and the obstacles one might face when they are young. Finally, Will advises how to escape the Wall Street Casino and build wealth on Main Street by investing in real estate.\\n\\xa0\\nTune in to hear valuable lessons from a seasoned real estate investor!\\n\\xa0\\n[00:01 - 06:16] Opening Segment\\nWill Matheson is an experienced real estate investor who has experience in multi-family and student housing\\nManagement is vital in student housing as it is dependent on getting one lease cycle done quickly\\nProximity to college becomes more critical when dealing with student housing\\nParents can guarantee leases and cosign on them, enhancing credit above ABC or B-class apartments\\n\\xa0\\n[06:17 - 13:02] Asset Management for Long-Term Multi-Family vs. Student Housing\\nLeases for student housing properties were already signed and agreements locked before Covid-19\\nPeople go to college for a social life, which is not available if they stay at home\\nWhen analyzing a student housing deal, one should look at supply and demand, new supply, market growth, university enrollment, proximity to campus, size of town/city, etc.\\nThird-party property management is necessary for student housing due to the intensive nature of the business\\n\\xa0\\n[13:03 - 24:44] Overcoming Limiting Beliefs to Grow Portfolio Quickly\\nStudent housing requires one big turn per year with plenty of money in the bank to pay for it\\nMulti-family is harder to mess up, and smaller properties are less efficient\\nStart small and compound on yourself to build a track record\\n\\xa0\\n[24:45 - 30:31] Closing Segment\\nBest investment: marriage\\nWorst investment: 24-unit property in Charlotte, NC, due to Covid and rough neighborhood\\nThe most important lesson learned: avoid rough neighborhoods without staff and no prepayment penalties on the loan\\n\\nQuotes:\\n\\xa0\\n"People go to the schools for the social life, which you don\'t get if you just stay at home. Otherwise, everyone would still be taking online classes, staying at home, saving the money." - Will Matheson\\xa0\\n\\xa0\\n"No one cares more about your deal than you." - Will Matheson\\xa0\\n\\nConnect with Will!\\nWebsite: https://www.mathcap.com\\xa0\\nLinkedIn: https://www.linkedin.com/in/will-matheson-447185185/\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'