Mastering Multifamily: Jason Lee's Experiment as both a Real Estate Broker & Multifamily Investor - Episode #249

Welcome to another episode where we dive deep into the dynamic world of multifamily real estate with a true industry powerhouse, Jason Lee. Jason is the President of JLM Real Estate, and his name carries immense weight in the multifamily real estate realm. With an unwavering commitment to excellence, Jason has become a trusted expert known for his prowess in facilitating property acquisition, sales, and 1031 exchanges. His track record speaks volumes, having successfully represented over 100 investors and masterminded transactions exceeding $250,000,000 in real estate sales throughout San Diego County.But Jason Lee is more than just a real estate broker; he's a hands-on multifamily investor with a remarkable portfolio. In the past 12 months alone, he's acquired over 15 properties, amassing a substantial portfolio worth over $35,000,000 in San Diego County. His achievements and industry insights have garnered attention, earning him features in prestigious publications like the San Diego Business Journal and Costar. In this episode, Jason delves into the intricacies of real estate investing, emphasizing value-add strategies, maximizing profitability, and navigating the complex world of financing. Whether you're a seasoned investor or just starting in the real estate game, Jason's expertise will provide invaluable insights on leveraging technology, securing loans, and much more. Tune in now and discover how to make smart real estate investments, as Jason Lee shares his wealth of knowledge to help you thrive in this ever-evolving industry. Don't miss out on this opportunity to learn from one of San Diego County's foremost real estate authorities!Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprintHIGHLIGHTS OF THE EPISODE:04:41 Jason talks about the top two ways to exit a property34:54 Jason talks about what the trading up process looks likeKEEPING IT REAL:03:25 Real estate investor specializing in the multifamily04:45 Real Estate Investing: Value Add and Time Frames09:54 Value-adding vs. Deferred Maintenance14:57 Maximizing value and profitability in real estate19:51 Cost-effective renovations for real estate investments24:53 Securing a loan for a property29:55 Trading up: Steps and considerations34:47 1031 Exchange and Real Estate Investing39:51 Financing a Real Estate Investment44:51 Leveraging technology and smart locks in real estate investing51:42 What’s next for Jason52:38 We are OUTNOTABLE QUOTE (KEY LESSONS):“ Your biggest enemy when you trade up is time, because after you close, you have that 45 day window to identify that property.” - Jason LeeFOLLOW ME ON:Instagram: https://www.instagram.com/therealestateexperiment/Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdrLinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-networkLinktree: https://linktr.ee/therealestateexperimentWORK WITH ME:Book a call to work with me and my team: https://calendly.com/rubenkanya/discovery-callWebsite: https://experimentrealestate.com/#Multifamily #1031Exchange #InvestingStrategy #RealEstateInvesting