AREI 54: Taking Charge of Family Finances with John Casmon
In this episode, we got the great opportunity to have John Casmon on the show as he shares his journey into multifamily syndication to becoming a full-time investor. And how he jumped from overseeing marketing campaigns for two major companies in America and did not get caught in after both got hit by corporate bankruptcy. Join us and Listen in.
John Casmon is a real estate entrepreneur, who has partnered with busy professionals to invest in over $100 million worth of apartments. John also consults active multifamily investors to help them start or grow their business. He hosts the Target Market : Multifamily Insights podcast (formerly Target Market Insights) and is the co-creator of the Midwest Real Estate Networking Summit.
Key points :
[00:01 - 00:47]
• We welcome John Casmon to the show.
[00:48 - 01:46]
• John Casmon's background how he started investing in real estate.
[01:51 - 05:26]
• What was his turning point that made him decide to invest?
[05:30 - 11:11]
• Why multifamily and diversify and continue on it?
[11:15 - 15:48]
• From the traditional 9 to 5 to living an entrepreneurial life.
[15:50 - 18:24]
• Excited but dejected.
[19:04 - 21:39]
• Why multifamily investing is a team sport.
[26:39 - 28:36]
• What I did, isn't the way I recommend. Why you need to figure what you really want?
[29:06 - 34:55] Closing Segment
• Asking John Casmon the Adventurous Four
Memorable Quotes:
" Stop being stubborn because you're not going to hit your goals when you just try to do it by yourself. Everyone tells you multifamily investing is a team sport. It's true. You got to understand that there's truth to that and open yourself up to it. " -John Casmon
"What I would tell anyone is if you have a busy life, if you've got a full-time job, you got kids, you got things going on. If you really want to be active by all means, do it, roll your sleeves up, get at it. But if you just want the passive income, you just want to diversify your portfolio. It was way to insulate myself from a financial uncertainty.
So my lesson is figure out how you get from where you want to be, where you're at today to where you want to be without, so much stress and pain and feeling like you've got to do it all your self. " -John Casmon
Until next time… Explore more. Adventure awaits.
