Flashback Friday Ep 44 - Leveraging Your W2 To Build The Confidence And Capital To Invest Passively

In this Flashback Friday episode, we have Lee Johnson. As the Co-Founder and Vice President of Value Investment Partners (VIP), Lee is responsible for implementing strategic methods to grow VIP and help partners grow their wealth using various alternative investment strategies that allow leveraging money and time, conducting and monitoring project due diligence He has been investing in real estate since 2005 through multifamily, private lending and rehabbing residentials properties. His focus now is passive investing through real estate syndications and active multifamily investing. His current portfolio spans multiple markets around the country – over 2800 units valued at about $334 million. As both an active and passive investor, his approach to business is “Being an investor FIRST” which simply means he only shares investment opportunities that he also invests in himself. He is a driving force for embodying creative use of alternative investment strategies, building generational wealth, and empowering people to achieve wealth. ________________________________ Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here: ⁠https://www.microfamilymavericks.com/casestudy⁠ Check out our podcast website! Thesharethewealthshow.com Want to leave feedback or suggestions on our show? Take our survey: https://s.surveyplanet.com/c1xu5qdv ________________________________ [00:00 - 17:06] How He Started in Real Estate How watching Carlton Sheets helped him start in Real Estate How Sally Maid became an integral part of his life How purchasing his first house made it work it for him How he starting flipping new houses [17:07 - 19:26] Things That The Government Wants You to do Why they want you to create jobs Why they want you to build housing Understanding how income is generated [19:27 - 24:32] Meetups or Mentorship Programs? Trusting yourself and accelerating your earning potential He shares how he uses a checkbook I.R.A Why it’s an opportunity to be in a multifamily real estate [24:33 - 42:23] How Do People Get Started? Why learning is important How the real estate bootcamp got him started The importance of due diligence Why when you’re investing in as an L.P., you’re collecting cash flow distributions [41:35 - 48:49] Closing Segment Watch out for part 2 of our conversation with Lee! Key Quotes “If you create jobs, you're gonna be in a very good situation.” - Lee Johnson “if you trust yourself and you put it into a great system, you'll be able to accelerate your earning potential.” - Lee Johnson Connect with Lee Johnson! Visit valueinvestmentpartners.com Follow him on LinkedIn   / passivereipros   Instagram   / value_investment_partners   ____________________________________________ Let’s get connected! You can find Nicole on LinkedIn   / nicole-pendergrass   Instagram https://www.instagram.com/nvestornikk... Facebook   / nvestornikki   or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...