EP265 His First Syndication and How He Went From a Duplex to a 76-Unit Apartment Complex with Lee Fjord

EP265 His First Syndication and How He Went From a Duplex to a 76-Unit Apartment Complex with Lee Fjord

My guest today just completed his first syndication on a 76-unit apartment complex in St. Louis, Missouri, right in the midst of the Covid pandemic.

Lee Fjord got his start in property management and began investing for himself in 2016. Through the Power of Partnerships he's done a series of joint ventures and has built his portfolio up to 124 doors. Today he's going to share the up's and down's of his investing trajectory.

Lee has a decades-worth of experience as a Property Manager, Commercial Leasing Agent, Asset Manager, and Commercial Property Broker. In today's conversation Lee shares the mistakes he made on rehabbing his first duplex, why you should never accept the lowest bid from a contractor, how he partnered with an ex-NFL player to acquire 37 units, and the reasons he ended up syndicating his 76-unit apartment complex.

I know you're going to benefit greatly from listening to Lee's story. He very methodically built a portfolio that's positioned to expand rapidly. You can find out more about Lee or contact him by going to:

https://www.greenforestcapital.com

or facebook or Instagram @lee.fjord

Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

Jaksot(589)

RPOA Special Speaker Announcement – Jonathan Mast

RPOA Special Speaker Announcement – Jonathan Mast

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place confe...

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EP421 How Real Estate Investor Rod Khleif Recovered from a $50 Million Loss During the Great Recession

EP421 How Real Estate Investor Rod Khleif Recovered from a $50 Million Loss During the Great Recession

Rod Khleif is back on the show today. For those of you who don't know Rod, he owns multiple businesses, he's a philanthropist, and he's passionate about multifamily real estate, business, high perform...

22 Tammi 202435min

RPOA Special Speaker Announcement – Adrian Smude

RPOA Special Speaker Announcement – Adrian Smude

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the Devos Place confe...

18 Tammi 20244min

EP420 Multifamily, NLP, and Joint Ventures vs. Syndications with Jen and Stacy Conkey

EP420 Multifamily, NLP, and Joint Ventures vs. Syndications with Jen and Stacy Conkey

My guests today have developed their own unique systems and formulas for investing in multifamily, and today they're going to discuss joint ventures vs. syndications, the three core roles of multifami...

15 Tammi 202434min

RPOA Special Speaker Announcement – Alex Jarbo

RPOA Special Speaker Announcement – Alex Jarbo

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd here in Grand Rapids, Michigan at the DeVos Place confe...

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EP419 How He Helped His Dad Retire with Fix and Flips with Mike Mannino

EP419 How He Helped His Dad Retire with Fix and Flips with Mike Mannino

Over the past nine years Mike Mannino has built a business that flipped over 80 houses. By the age of 30, Mike had built a portfolio of over 60 rentals. He's also created multiple companies that gener...

8 Tammi 202431min

RPOA Special Speaker Announcement – Anthony Chara

RPOA Special Speaker Announcement – Anthony Chara

We have a special speaker announcement for our 2024 Midwest Real Estate Investor Conference, which is being held this February 22nd through 23rd in Grand Rapids, Michigan at DeVos Place. Anthony Chara...

4 Tammi 20245min

EP418 Special New Year's Announcement:  2024 Midwest Real Estate Investor Conference

EP418 Special New Year's Announcement: 2024 Midwest Real Estate Investor Conference

Happy New Year everyone! It's January 1st and we have a huge announcement to make about the RPOA's 2024 Midwest Real Estate Investor Conference. Just like in past years it will take place this Februar...

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