First-ever return guest on the pod! In this episode, I bring back John Casmon, founder of Casmon Capital – John is a multifamily investor, syndicator, marketer, and also hosts “Target Market Insights – Multifamily + Marketing”. John has leveraged his extensive background in marketing to build a successful syndication business and his firm is doing numerous deals across the midwest. He has previously been featured on the show (episode #12, link below), where we discussed what John describes as the “Six C’s of Capital Raising”. If you haven’t listened to that episode, be sure to listen to that episode as well!
In this episode, we dive deeper into raising capital and partnering with other investors that are either raising capital or if you are the one raising capital, how to find partners. We talk about higher-level concepts, such as how to best structure partnerships and how to set expectations when partnering with someone. Whether you are looking to raise capital or just partner with a buddy on a deal, you will surely find some useful and actionable tips in this episode!
Show Notes:
3:52 John shares his background and how got into the real estate business.
7:05 We discuss the transition from raising capital from friends and family to raising capital from people outside of your close network.
11:13 John shares how to nurture investors from an interested party to someone who is writing you a check.
16:23 We talk about the details behind how to structure a potential partnership, along with the roles that each person plays in a partnership.
21:57 John talks about what he looks for when considering a partnership with someone and what to do when someone brings you a deal in your market.
30:15 John gives a piece of advice he would give to himself before starting his real estate career.
33:48 John shares one of the best decisions he has made in his career.
37:37 John shares one skill/trait that he attributes his success to.
CONNECT WITH AXEL
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CONNECT WITH JOHN:
www.casmoncapital.com
www.casmoncapital.com/sampledeal
