Ditching the 401k for 300+ Units - Shawn DiMartile
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Description
Shawn DiMartile shares his journey from air traffic control to real estate investing, specifically focusing on infill and ground up development in Southern California. He discusses the challenges of value-add multifamily in the region and explains why he believes ground up development is the new California gold rush. Shawn emphasizes the importance of investing in your local market and building relationships with brokers and other industry professionals. He also debunks myths about investing in expensive markets and highlights the need for hard work and dedication in real estate. Shawn predicts that the real estate market will continue to appreciate and advises aspiring investors to focus on building wealth through assets. 00:00Introduction and Background 01:17Transition to Real Estate Investing 04:58Challenges of Value-Add Multifamily in Southern California 06:51The California Gold Rush: Infill and Ground Up Development 08:18Getting Started in Ground Up Construction 09:30Investing in Your Local Market 13:18Advantages of Investing in Your Local Market 15:01Building Relationships in Your Local Market 19:00Lessons Learned and Debunking Myths 23:12The Future of the Real Estate Market 28:30Advice for Aspiring Investors 34:36Recommended Books and Lessons Learned 36:19Closing Remarks and Actionable Steps Connect with Shawn DiMartile: Instagram: https://www.instagram.com/shawn_dimartile/ Website: https://investorshawn.com/ Podcast: https://podcasts.apple.com/us/podcast/the-real-estate-takeoff/id1490657109 Ebook: https://takeoffcapital.activehosted.com/f/19 Connect With Emeka Ogbonna: https://rss.com/podcasts/stayreadyrealestate/ https://open.spotify.com/show/7C5pv7sUSF0qEcotOmdElm https://youtube.com/playlist?list=PLIeAZ-rMMFqhE44gu23a0Tqo7a5xqemQD&si=esi-PNx9ciMlkyDE https://podcasts.apple.com/us/podcast/stay-ready-real-estate-podcast/id1721071060 Music: Tyas Martin Instagram: https://www.instagram.com/_bytyas/
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