Shawn DiMartile is an apartment investor, Co-host of The Multifamily Takeoff Podcast, Co-founder of Pac 3 Capital, and Co-host of the Beers & Deals REI networking event in San Diego, California. Shawn got started in real estate investing when he purchased a 32-unit apartment building in Greenwood, Indiana. Today, he and his partners own 300 units, all located in North Carolina. He was able to quit his day job in March 2022 and is now a full-time real estate investor. For fun, he enjoys backpacking in the wilderness for days at a time in our national parks. He believes that AirBNB should be required to verify licenses and/or use software to identify illegal rentals, and that rentals should be listed on AirBNB to maximize market share. To learn more about his work, listeners can visit his website at https://www.pac3capital.com/!
[00:01 – 11:15] Opening Segment
- Let’s get to know Shawn!
- How he got into real estate
- His primary focus has shifted to the boutique hotel market
[11:15 – 20:50] Find Opportunities In The Boutique Hotel Market
- Opportunities for people in the boutique hotel
- AirBNB is harder to use this service
- Purchasing and operating boutique hotels
- AirBNB is a popular platform for short term rentals
- Transitioning to hospitality services
[20:51 – 27:05] THE FINAL FOUR
- What's the worst job that you ever had?
- Washing dishes at a restaurant
- What's a book you've read that has given you a paradigm shift?
- “Rich Dad Poor Dad” by Robert Kiyosaki
- What is a skill or talent that you would like to learn?
- Learn to speak Spanish
- What does success mean to you?
- Shawn says that, “Success to me is Time Freedom.”
Connect with Shawn
Website: https://www.pac3capital.com/
Podcast: The Multifamily Takeoff
Instagram: @sdimartile
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Tweetable Quotes:
“If you're zoned properly, if you're a bed and breakfast, you can list on all those platforms. You could basically do whatever you want.” – Shawn DiMartile
“The true freedom was being able to do what I wanted with my time.” – Shawn DiMartile
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