Building a real estate investing empire while on active duty may seem like a monumental task, but it’s entirely possible with the right strategies. Johnny Lynum, a Lieutenant Colonel in the U.S. Air Force, has done just that, growing his portfolio to over 115 properties worth $14 million.
In this episode, Johnny shares his journey into real estate investing, the methods he used to build wealth while serving full-time, and the lessons he learned along the way. He discusses how he identifies promising markets, common pitfalls new investors should avoid, and offers practical advice for fellow service members who want to get started in real estate.
Johnny Lynum is a Lieutenant Colonel in the United States Air Force who has served for over 19 years as a developmental engineer and intelligence officer. He is also an author, philanthropist, seasoned real estate investor, and coach. Johnny has actively invested in real estate since 2006 and has purchased and sold single and multifamily properties across the Southeast.
He has over 115 doors in his real estate portfolio valued at over $14M, primarily located in Panama City, FL, and Montgomery, AL, real estate markets. Through his military service, Johnny has gained tremendous experience leading diverse teams in deployed environments and managing a $1.3 billion development contract. These skills have been instrumental in his ability to scale his real estate investing business while still actively serving our country full-time.
Real Estate Investing Empire on Active Duty
- Johnny’s journey building a significant real estate portfolio while serving.
- His work as a developmental engineer and intelligence officer, and investment journey.
- Real estate strategy, such as identifying promising markets, avoiding common pitfalls, and using his military acquisition skills.
- Discussion on the importance of building a reliable team, tackling challenges like property management, and taking calculated risks in real estate.
- Advice for service members on utilizing VA loans and starting in real estate investing.
- The role of communication and trust in managing family finances.
- Benefits of investing in military towns.
- Methods for balancing military responsibilities with real estate investment.
- Key principles like referrals, operating agreements, and risk management in achieving real estate success.
- Johnny’s early investment days, including using VA loans and scaling his business gradually.
Episode 309 Time Stamps
00:57 Guest Introduction
02:53 Johnny’s real estate journey
06:30 Challenges and lessons in real estate
16:49 Advice for aspiring real estate investors
18:08 Game Time
23:43 Wrap up
Related: Investing in Land vs. Real Estate
Resource From Real Estate Investing Empire Episode
- Johnny Lynum’s website
- Johnny on LinkedIn
- Millionaire Real Estate Success Strategies by Johnny Lynum
- Slack
- The Bible (Johnny’s favorite book)
MILMO Show Sponsor
Support for the MILMO Show is provided by Navy Federal Credit Union, which has been proudly serving the military community for over ninety years. Every day is Veteran’s Day at Navy Fed, not just one day or one month. As a veteran, I’m thankful that my podcast is sponsored by a company that supports our community year-round with donations to non-profits focused on helping veterans like The Mission Continues and Rebuilding Together. Not just that, 45% of Navy Fed’s employees are veterans, so they understand the unique financial needs and challenges of the more than 2 million veterans they serve. You can learn more at navyfederal.org.
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