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

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.”

• Books and Masterminds to Try
• • High-level podcasts
  • Best Ever Apartment Syndication Book
• Final words
• Connect with our guest, Shawn in the links below

Resources Mentioned

• Host Financial

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.

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