In this podcast episode, Jason Lee, a young and thriving real estate investor from Southern California, shares his inspiring journey. Starting out as a real estate agent, he successfully acquired 26 properties in just three years, focusing mainly on small to medium-sized apartment buildings. Jason stresses the importance of maintaining a reliable income while investing, cautioning against the common myth that you can retire early after just a few properties. He outlines his investment strategies, which include flipping properties and using 1031 exchanges to grow his portfolio. For new investors, he recommends prioritizing solid deals, even in a high-interest rate environment, and considering partnerships to spread risk and leverage diverse skills. Additionally, he emphasizes the advantages of having local market knowledge and the significance of empathy in real estate transactions.
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