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/
