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

14/02/2022 39 min

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Episode Synopsis

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.”

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