How an Air Traffic Controller Liquidated His 401(k) to Buy a 32 Unit Apartment Complex | Shawn DiMartile
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In this episode, Dalyn Hazell sits down with Shawn DiMartile to talk about retiring from a day job and pursuing real estate full time and using 401k and IRA money to invest in real estate.
Shawn is a founding member of Pac 3 Capital where he directs and oversees capital improvement projects. He is responsible for identifying, analyzing, and underwriting all acquisitions and director of investor relations. Shawn currently has over $28 Million in multifamily assets under management. Shawn is also the co-host of The MultifamilyTakeoff podcast and a proud United States Navy veteran.
Key takeaways from this episode:
-The things you need before you start investing in real estate.
-Pension system is better than 401k.
-The most attractive thing about real estate and how it will change your life.
-Real estate creates financial freedom faster than most other asset classes.
-How does the 401k system work and why do some people end up pulling their money out?
-What you need to do when undertaking a multifamily property.
-The difference between buying a 1968 apartment vs. buying a 1968 house.
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Connect with Guest, Shawn DiMartile:
Email: shawn@pac3capital.com
Website: https://www.pac3capital.com/
Instagram: @sdimartile @shawnpac3capital
Connect with the Host, Dalyn Hazell:
Facebook: https://www.facebook.com/dalyn.hazell/
Instagram: https://www.instagram.com/dhazell24/
Email: dalyndhazell@gmail.com
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