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The Real Estate Way to Wealth and Freedom - Jacob Ayers EPISODE 356, 7th December 2020
The Multifamily Takeoff with Shawn DiMartile
00:00:00 00:57:11

The Multifamily Takeoff with Shawn DiMartile

Shawn DiMartile is a multifamily real estate investor, managing partner of an apartment investing firm, Pac 3 Capital, and host of The Multifamily Takeoff Podcast, a podcast about all aspects of apartment investing.

He came to the realization that the traditional path of working in a 9 to 5 as an aircraft controller, being and saving in a 401(k) until 65 was not the road to the wealth he wanted to follow. After reading books and listening to tons of podcasts about real estate and various asset classes, he came to realize that multifamily real estate has the power to build wealth and provide financial freedom.

In 2019, while still working his full-time W-2 job as an air traffic controller, he partnered with two colleagues to acquire their first multifamily acquisition, a 32-unit in Indianapolis. 

 

KEY POINTS

  1. Selecting the right market to invest in.
  2. How to build credibility without any experience.
  3. How to raise money for your very first deal.
  4. Why a 401k isn't the right way to save for retirement.
  5. Good Debt vs. Bad Debt.
  6. Why habits are SO important.

 

LIGHTNING QUESTIONS

1. What was your biggest hurdle getting started in real estate investing, and how did you overcome it?

  • Experience hurdle and overcome it by preempt and hammering at weaknesses.

2. Do you have a personal habit that contributes to your success?

  • Writing a blog or article, reading and learning more every day to get better in his business.

3. Do you have an online resource that you find valuable?

4. What book would you recommend to the listeners and why?

5. If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be?

  • Go buy a real estate asset right now.

 RESOURCES

Visit Audible for a free trial and free audiobook download!

 The Trinity Study

Pac 3 Capital

The Multifamily Takeoff Podcast

Shawn's LinkedIn