Learn the basics of passive real estate investing, its benefits, and how to get started in 2024. A simple guide for new investors.

This week's Real Estate Underground podcast episode features guest Shawn DeMartile from Takeoff Capital, who discusses his unique real estate investing journey. Starting out as an air traffic controller, Shawn transitioned to real estate by pooling resources with friends to invest in a 32-unit multifamily project in Indianapolis. Despite challenges like insufficient initial capitalization, they successfully tripled their investment. Shawn shares his strategic approach to property management and renovations, emphasizing maintaining occupancy rates above 90% to ensure cash flow. He also highlights the importance of networking and building relationships with investors and learning from mentors. Shawn's goal is achieving personal freedom and providing for his family through real estate. He also discusses the technicalities of successful real estate, including financial modeling, the challenges of 1031 exchanges, and personal development through continuous learning. The conversation touches on the joys and freedom of an independent lifestyle enabled by successful real estate investments.

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Learn how to start investing in real estate with minimal effort. Discover passive options, research strategies, and easy steps to get started in 2024.