From a Career in IT to General Partner in Over 50M of Multifamily - with Jens Nielsen | TLS069

In this episode, Jens Nielsen of Open Doors Capital shares his journey from working in the IT world to investing in small multifamily and eventually transitioning to commercial real estate. He walks us through how he acquired his first commercial multifamily deal and some of the strategies he's used to participating in over 50 million in acquisitions.

>>>Interested in partnering with us on future opportunities? Connect with me at CanovoCapital.com.

KEY TOPICS:
2:50- how he got started in real estate
5:50 - his very first real estate investment in a 4 plex
7:50 - why he started looking into commercial multifamily
9:05 - how he built up his portfolio
11:05 - the process he went through to rebrand himself as an apartment investor
12:10 - the importance of joining a mastermind or mentorship program
13:45 - how he's built partnerships
16:45 - how he got involved in his first syndication deal
18:45 - a 38 unit deal in Albuquerque NM.
19:30 - how he found it
20:00 - how he financed it
21:00 - rehab completed on the property
25:50 - how he has scaled in the last few years
28:10 - the biggest mistake he's made
28:45 - the biggest win he's had
29:05 - the best advice he has for someone just starting

KEY QUOTES:
"Take Action, Take some risks."

ABOUT OUR GUEST:
Jens immigrated from Denmark in 1996 and after a career in IT he became an entrepreneur and started investing in multifamily real estate. He currently owns 74 units in New Mexico and Colorado and is a General Partner on over 750 syndicated units around the country valued at over $50M.

Over the last few years, he has also passively invested in 16 syndications, spanning over 800 apartment units, 2,000 mobile home park lots and over 6000 storage units plus mortgage note funds and private money lending.

Jens also has a passion for coaching new investors to enable their success through strategy, accountability and personal growth.

CONNECT WITH OUR GUEST:
https://opendoorscapital.com/call/

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