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19 | Short Term Rentals and Multifamily in 2022 with Shawn Dimartile

Multifamily By The Slice

Release Date: 02/14/2022

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Shawn DiMartile is a managing partner of Pac 3 Capital, a real estate syndication firm specializing in apartments and short-term rental acquisitions and operations. Shawn formed Pac 3 Capital just two years ago with his two partners, and since then they have acquired assets in multiple states in the Midwest and Southeast.  Shawn and Pac 3 Capital currently have over $28 million in assets under management, spread across 327 units. Shawn is a huge proponent of mentorships, partnerships, and taking risks to get started in real estate investing. 

 

Let’s tune in to his story!

 

[00:01 - 05:04] Opening Segment

 

  • Welcome to the podcast!
  • Get to know our guest Shawn Dimartile
    • Bio

 

[05:05 - 11:53] Multifamily Gold Rush

 

  • Why more people are getting into multifamily
  • How to scale your short term rentals and bring in numerous investors
  • Issues to look out for in getting to the short term rental space
    • Regulation
    • Shutting down your operation
    • Prevent these risks!

 

[11:54 - 34:22] Short Term Rentals and Multifamily in 2022

 

  • Scaling short term rentals and multifamily
    • The Burn B Model
    • Build unique little AirBnbs
  • Dealing with millennials’ different preferences
  • Shawn talks about their southeast investments at Pac 3 Capita
  • How to Raise Capital and Misconceptions in the Raising Capital Gain
  • Take the Risk and Do Everything You Can for a Deal
  • The Legacy Round
    • Shawn’s Favorite Deal: 32-Unit Property at Greenwood, Indiana

 

[34:23 - 39:44] Slice of Knowledge

 

  • Shawn’s Last Words
    • “Invest as much as you can every day.”
  • One Slice of Wisdom
    • “Have extra money have contingency capital.”
  • Real Estate Multifamily Vocabulary
    • Internal rate of return
    • Nonrecourse debt
    • “Your network is your net worth.”



Resources Mentioned

 

Tweetable Quotes

 

“The time to raise money is before you get the deal.” - Shawn Dimartile

 

“A confused mind doesn’t act.  You should be able to understand fully to explain everything clearly to your investors.” - Shawn Dimartile

 

“Find the money and take some risks to go and invest in real estate.” - Shawn Dimartile

 

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Reach Shawn through shawn@pac3capital.com, Instagram, and LinkedIn

 

Check out his website and realize unparalleled financial gains through the power of multifamily real estate investing.




Thanks for listening to Multifamily by the Slice!  

 

If you liked our show, please LEAVE A 5-STAR REVIEW, like, and subscribe!  

 

My website: drmultifamily.com
 
 

 

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