What They Forgot to Teach You in School with Johnny Lynum Ep. 365
Multifamily Insights - A podcast by John Casmon
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Johnny Lynum is an active duty Lieutenant Colonel in the United States Air Force. He is a seasoned real estate investor, entrepreneur, and coach. Johnny started his real estate investing career in 2006 and actively buying and renovating homes in 2015. Since then, he has purchased and sold dozens of single-family properties and one apartment across four different markets. Currently, he has a real estate portfolio valued at over $4.7M. Johnny’s first book, “Millionaire Real Estate Success Strategies: What They Forgot To Teach You In School'' was just recently published. Let’s dive in to learn more about Johnny’s journey as a real estate investor, how to get started, and keys to build a strong portfolio. Announcement: Download Our Sample Deal and Join Our Mailing List [00:01 – 03:57] Opening Segment Johnny talks about his book. He talks about his background. Lessons learned along the way. [03:57 – 08:57] Everyone Should Be An Investor Some of the lessons that Johnny learned were not taught in school. Why you need to have financial literacy to be successful. Why Johnny believes that everyone should be an investor. Johnny talks about how he grew his small portfolio. What attracted Johnny to multifamily [08:57 – 22:36] How to Get Started and Ways to Invest Johnny talks about who can benefit from his book. He breaks down what he talks about in his book and his approach when writing it. He talks about a deal that didn’t work out as he thought it would. The ways to get started in real estate. Johnny talks about the loan products that you can leverage from. The importance of having systems and processes set to be able to work on your business. How long it took Johnny to build his team and get his processes going. How Johnny helps others by coaching them. [22:36 – 27:16] Round of Insights Apparent Failure: A deal that didn’t work out as he imagined. Digital Resource: Canva Most Recommended Book: Rich Dad Poor Dad Daily Habit: His morning ritual. #1 Insight for Real Estate Investing: Take action. Best Place to Grab a Bite in Virginia: Eddie Merlot's Contact Johnny: To learn more about Johnny and his coaching go to his website. You can also reach him out via Linkedin. Don’t forget to check out his book “Millionaire Real Estate Success Strategies: What They Forgot to Teach You in School” Tweetable Quotes: “We consume so much content but at the end of the day you’ve got to take action.” - Johnny Lynum Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.