BiggerPockets Real Estate Podcast 547: 52 Properties in 52 Weeks with Omni Casey
Dec 21, 2021
In this discussion, real estate investor Omni Casey shares his remarkable journey from humble beginnings to owning over 100 properties and his ambitious goal of acquiring 52 properties in 52 weeks. He reflects on the challenges of investing without family support and emphasizes the importance of mentorship. Topics include navigating long-distance investments, the significance of property management, and maximizing returns in expensive markets. Omni also discusses his initiative, the Cash Flow Breakfast Club, which aims to teach others about financial freedom and generational wealth.
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First Investment
- Omni Casey's first real estate venture was a condo in Waikiki, purchased with a mentor.
- He started with condos, focusing on those zoned for resort use (condotels), before shifting to other property types.
Investing in Expensive Markets
- Partner with others to overcome financial barriers in expensive markets.
- Consider long-distance investing to find more affordable areas.
Investment Goals and Strategies
- Investors have different goals: professional income, financial freedom, or generational wealth.
- Align your investment strategy (cash flow vs. appreciation) with your current financial goal.
