Description

How can you create wealth, make an impact, and transform communities without displacing the people within them?

This episode of The Real Returns Podcast dives into the transformative journey of John Casmon, a real estate entrepreneur and consultant with over $125 million in multifamily assets. Hosted by Andrew Reichert and Daniel Croce, the conversation uncovers John’s approach to value-add investing, his focus on community enrichment, and the education that empowers others to succeed in real estate. With insights on overcoming industry jargon, navigating pitfalls, and aligning with the right partners, John emphasizes the importance of creating impact while achieving financial success.

[00:01 - 08:16] From Marketing to Real Estate

• John Casmon's transition from corporate advertising to real estate investing
• The impact of corporate instability on his financial planning
• Early lessons learned through personal investing missteps

[08:17 - 16:05] Making Real Estate Accessible

• Overcoming barriers to entering the real estate market
• Educating and empowering passive investors
• The importance of aligning with experienced partners

[16:06 - 24:20] Creating Community Impact

• The ripple effects of investing in multifamily properties
• Addressing real estate’s reputation and tax benefits
• Balancing economic viability with social responsibility

[24:21 - 32:14] The Sweet Spot: Class B Properties

• Why Class B properties offer unique investment opportunities
• Avoiding the pitfalls of luxury and low-tier investments
• Focusing on housing for workforce demographics

[32:15 - 38:21] Practical Advice for New Investors

• Common pitfalls in underwriting and capital planning
• The importance of mentorship and continuous learning
• Advice for both passive and active real estate investors

Connect with John!

https://casmoncapital.com/

Key Quotes:

"If you’re not adding value to people’s lives, you’re missing the point." – John Casmon

"Align yourself with people who can help you navigate the process; success is a team effort." – John Casmon

Visit our website https://www.birgo.com/to learn more about High-Quality Recession Resistant Assets for the Everyday Investor

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