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.

Finding good contractors is hard. A contractor can make or break...

Investing in multifamily real estate can be a lucrative and rewarding experience, but it can also be a time-consuming and stressful...

Discover the ins and outs of being an accredited investor in the United States in our blog post. Understand the qualifications, importance, and requirements associated with this term. Gain clarity on what it means to be an accredited investor and why it matters for investors like you.

As a real estate investor, you are always on the lookout for new opportunities and ways to increase your portfolio's value. However, without clear goals and a defined strategy, your chances of success can be severely limited. Whether your goal is to generate passive income, build your portfolio, or improve your financial stability, setting specific objectives is an essential step towards making it happen. If you’ve listened to our podcast, The Real Estate Underground, you’ll know I’m a huge fan of SMART goals. As you set your goals, think about it in terms of SMART:

Investing in multifamily real estate is an attractive option for investors looking to diversify...