FBF #934: Insights with Lee Fjord on Property Management and Powerful Partnerships

Today's Flash Back Friday episode is from #747 that originally aired on May 27, 2024.

Lee got his start in real estate in 2012 building a property management department of a residential brokerage from 20 doors to 220 doors in 4 years. After being inspired by his clients’ successes, he decided to start investing in 2016. Relocating to St. Louis in order to pursue investing in 2017, Lee began with a duplex and continued to purchase smaller properties until he found “The Power Of Partnerships” by partnering withan ex-NFL player from CA and with their combined efforts, were able to close a 38 unit apartment complex Joint Venture in Lee's backyard of St.Louis, MO in October of 2019. Fast forward to today and Lee has grown his portfolio to 1000 units with no end in sight!

Connect with Lee: greenforestcapital.com 

Highlights:

5:51 - From Property Management to Big Deal (Lee's game plan)

10:51 - Lee's Training on Getting Owners to Commit

16:02 - Finding The Right Partners

26:08 - Why You Must Be Involved with Property Management

31:44 - All About Lee's Team/Organization

Quote: " You have to be on site, you have to have your fingers in the pie, you can't just leave it to the management company to execute..."

 

Recommended Resources:

• Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
• If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. 
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.