55 min
Building Wealth Through Real Estate Investment Authentic Business Adventures Podcast
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- Entrepreneurship
John Casmon - Casmon Capital
On Being Aware of What Can Go Wrong: "I was making money. I grew my net worth. But at the end of the day, if I got fired from my job or if I got let go, I didn't have enough money to pay all of my bills."
Get your money to work for you is great advice. Real estate investing is a great way to do that. Taking real estate investing a step further to making your investments truly passive is by utilizing the skills of those that pool investors together to let economies of scale get your money to work for you, without you having to find property, deal with tenants, make repairs and take those 24/7 calls.
But how do you get started in passive real estate investing?
John Casmon of Casmon Capital has shares his transformative journey from corporate America to becoming a beacon for busy entrepreneurs and business owners seeking to grow their wealth through real estate. His company bridges the gap for individuals who have the capital but not the time or expertise to manage investments, guiding them through passive investment opportunities in multifamily apartments.
In this episode, John imparts his wisdom on scaling from smaller properties to significant multifamily deals, the intricacies of tax strategies, and the undeniable importance of having a detailed business plan. We'll explore the necessity of creating jobs and providing housing to benefit from tax breaks and hear why honesty in tax planning is crucial for long-term success.
Listen as John explains some realistic strategies and real world examples of how you can make your money work for you.
Enjoy!
Visit John at: https://casmoncapital.com/
Podcast Overview:
08:27 Interest in making money sparks business partnership.
15:26 Managed finances, realized need for partnership opportunities.
16:03 Partnered, educated, scaled, and helped others financially.
22:15 Bonus depreciation allows accelerated tax savings for investors.
29:34 Utilize tax strategies to maximize and empower.
32:25 Expect expertise, frustration when not delivered. No trust.
39:26 Envision possibilities, seek mentorship, replicate successful strategies.
45:39 Challenging question about selling rental properties discussed.
47:55 Invest in Cincinnati area, analyze risks, attract renters.
53:12 Focus on results, match skills with needs.
Podcast Transcription:
John Casmon - Casmon Capital
On Being Aware of What Can Go Wrong: "I was making money. I grew my net worth. But at the end of the day, if I got fired from my job or if I got let go, I didn't have enough money to pay all of my bills."
Get your money to work for you is great advice. Real estate investing is a great way to do that. Taking real estate investing a step further to making your investments truly passive is by utilizing the skills of those that pool investors together to let economies of scale get your money to work for you, without you having to find property, deal with tenants, make repairs and take those 24/7 calls.
But how do you get started in passive real estate investing?
John Casmon of Casmon Capital has shares his transformative journey from corporate America to becoming a beacon for busy entrepreneurs and business owners seeking to grow their wealth through real estate. His company bridges the gap for individuals who have the capital but not the time or expertise to manage investments, guiding them through passive investment opportunities in multifamily apartments.
In this episode, John imparts his wisdom on scaling from smaller properties to significant multifamily deals, the intricacies of tax strategies, and the undeniable importance of having a detailed business plan. We'll explore the necessity of creating jobs and providing housing to benefit from tax breaks and hear why honesty in tax planning is crucial for long-term success.
Listen as John explains some realistic strategies and real world examples of how you can make your money work for you.
Enjoy!
Visit John at: https://casmoncapital.com/
Podcast Overview:
08:27 Interest in making money sparks business partnership.
15:26 Managed finances, realized need for partnership opportunities.
16:03 Partnered, educated, scaled, and helped others financially.
22:15 Bonus depreciation allows accelerated tax savings for investors.
29:34 Utilize tax strategies to maximize and empower.
32:25 Expect expertise, frustration when not delivered. No trust.
39:26 Envision possibilities, seek mentorship, replicate successful strategies.
45:39 Challenging question about selling rental properties discussed.
47:55 Invest in Cincinnati area, analyze risks, attract renters.
53:12 Focus on results, match skills with needs.
Podcast Transcription:
55 min