EPISODE · Mar 23, 2023 · 23 MIN
Jim Lee: How To Acquire 600 Units In 2 Deals
from REL Freedom Podcast · host Mike Swenson / Jim Lee
How can you own 600 units in just 2 deals? This is the power of real estate syndication! In this situation you don't own them 100%, but it's a fractional stake in the properties. However, there is a lot of power in the economies of scale and the way the syndication is set-up and run. Meet Jim Lee, who was born and raised in Taiwan and came to the United States at the age of 11. He graduated with a degree in Economics from UCLA in 2010 and began working as a sales rep with LoopNet & Costar, which exposed him to commercial properties. During the COVID lockdown is when he began to explore ways to scale his real estate investment business more quickly and discovered syndications. He formed Formosa Investing and acquired 600 units in Florida, along with other general partners on the deal. Jim shares why syndications are such a powerful asset to investing in and how you can get started in your journey today.FOLLOW JIM 👇🏼https://formosainvesting.com/https://www.facebook.com/formosainvestinghttps://www.linkedin.com/in/formosainvesting/https://www.instagram.com/formosainvesting/SUBSCRIBE IF YOU'RE LOOKING TO BUILD WEALTH THROUGH OPPORTUNITIES IN THE REAL ESTATE INDUSTRY ✅ http://relfreedom.tv GET STARTED INVESTING TODAY AND ACCESS OUR DEAL LIST! 📈 https://pinnaclecapitalinvestments.com/ LEARN ABOUT REL FREEDOM & HEAR MORE REAL LIFE STORIES 🎙️ http://www.FreedomThroughRealEstate.com FREEBIES: DOWNLOAD YOUR FREE FREEDOM FOUNDATION BLUEPRINT 💵 https://www.relfreedom.com/blueprint SUBSCRIBE TO THE REL FREEDOM PODCAST 🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/rel-freedom-podcast/id1535281574🎧 Spotify: https://open.spotify.com/show/5nXA5hLHbDzRwxypc2wLur?si=uwhs8FjVS_mpUAG2znbBDA&nd=1&dlsi=069fb8d4b74d4cfbLET'S CONNECT 👉 LinkedIn: https://www.linkedin.com/in/mike-swenson/👉 Instagram: https://www.instagram.com/getrelfreedom/ 👉 TikTok: https://www.tiktok.com/@relfreedom 👉 Facebook: https://www.facebook.com/mswenson13
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How can you own 600 units in just 2 deals? This is the power of real estate syndication! In this situation you don't own them 100%, but it's a fractional stake in the properties. However, there is a lot of power in the economies of scale and the way the syndication is set-up and run. Meet Jim Lee, who was born and raised in Taiwan and came to the United States at the age of 11. He graduated with a degree in Economics from UCLA in 2010 and began working as a sales rep with LoopNet & Costar...
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Jim Lee: How To Acquire 600 Units In 2 Deals
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