Jason Lee @jasonjosephlee
Over $300 million in multifamily transactions closed in the last few years | CEO - JLM Real Estate youtube.com/@jlm.multifami… San Diego, CA Joined August 2012-
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JUST Closed - 11 Units in Lemon Grove for $3,400,000! 7101-38 Westview Pl was a two property portfolio, consisting of mostly 3 bedroom turn key units. The Buyer and Seller were represented by Jason Lee Contact us if you’re looking for similar opportunities, we have a lot of…
California says they want more housing but makes developers pull their hair out for 2-4 years before being able to break ground… The system is so broken it’s sad. Something needs to change
JUST Listed - 4 Units in Long Beach for $1,350,000! This 4 unit property consists of (1) (3-bedroom/1.5-bathroom) house; (1) (2-bedroom/1-bathroom) unit & (2) (1-bedroom/1-bathroom) units. Property is situated on a 7,538 sq ft lot with redevelopment or ADU potential. 10 minute…
So much multifamily inventory is sitting on the market in San Diego. Sellers need to come down to reality and it starts with brokers not giving these investors false expectations just to buy another listing.
Some garbage human did this, and there is a reward if located. If you know anything - turn them in, claim a reward, and do a good deed for humanity. Crimes against animals are highly correlated to Crimes against humans too.
Some garbage human did this, and there is a reward if located. If you know anything - turn them in, claim a reward, and do a good deed for humanity. Crimes against animals are highly correlated to Crimes against humans too.
Cracks me up when someone doesn’t agree, and tells you how long they’ve been in the business. “I’ve been doing this 20 years!” Ok so you’ve been wrong for 20 years 😆
JUST CLOSED - 2 Units in Bay Park for $1,680,000! This 2 unit property consisted of (1) (3-bedroom/1-bathroom) unit; and (1) (1-bedroom/1-bathroom) unit. The Buyer was Represented by Dan Sipher Contact us if you're looking for similar opportunities, we have a lot of off…
Servers need to stop rolling their eyes or asking me 3 times when I say I don’t want to order a cocktail at dinner. I get it, you want a bigger tip, but be respectful
JUST CLOSED - Development Deal in Point Loma for $1,250,000! This property consisted of a (2-bedroom/1-bathroom) house. Being one of the last underdeveloped lots in the area. New owners plan on utilizing the underdeveloped lot and building an apartment complex on the existing…
Yo NIMBYs, someone hated when your house was built too.
Interest rates are going down anytime soon especially after today’s CPI reports. Some operators are about to get smashed second half of the year.
The same “Gurus” who tell you to wake up at 5 am and do a cold plunge, a sauna, journal, and meditate for 2 hours.. Are the same gurus who get out of bed at 10 am and start their morning watching porn
JUST Listed - 3 Units in Escondido! 385 Lake Dr consists of (1) 3-bedroom/2-bathroom unit; (1) 2-bedroom/1-bathroom unit; (1) 1-bedroom/1-bathroom unit. Front house was completely renovated with new quartz countertops, appliances, flooring, painted inside & out, new fences,…
Nothing more stupid than hiring a residential agent to list your apartment building. It’s like hiring a plumber to fix your roof. So many examples of the client getting poor services, but the one that jumps out the most is when the agent representing the seller accepted a…
Good morning to everyone except Brokers who over price listings and give sellers false expectations
JUST Listed - Development Opportunity in Logan Heights for $1,190,000! 2351 Irving Ave consists of (2) RM-1-2 Zoned 25’ x 140’ lots. Both lots are level, with street & alley access. Seller has submitted plans to the city of San Diego to develop 18 units. Property is…
I will now forever be afraid to eat a poke bowl. Last night after our quarterly company meeting, we ate at the Monarch Beach Club in Dana Point. I ordered a poke bowl, and I have been throwing up every hour since I ate that contaminated fish. Never have felt worse, food…
One of my investors listed his million dollar flip with his friend for 1%. These are the photos 😂
JUST Listed - 4 Units in Oceanside! 924 S Tremont St consists of (1) 3-bedroom/2-bathroom unit; (2) 1-bedroom/1-bathroom units; and (2) studios. With one of the studios being unpermitted. Garage has been stuccoed with potential to be used as an ADU. Great value-add…
JUST Listed - Duplex in Chollas View! 721-23 Duval St consists of (2) 2-bedroom/1-bathroom units that were converted into a single-family home. Can easily be converted back into a duplex by simply adding a wall. Two-car garage can be converted into an ADU. Great value-add…
Brandon Blum @BrandonMBlum
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115K Followers 153 Following Institutional RE ($500MM+) turned REPE firm founder. Apply to work 1-on-1 with me to buy your own deals: https://t.co/IgNreCEwzFNick Huber @sweatystartup
365K Followers 3K Following Sold a service company for 7 figures. Now a self storage operator with 1.9 million square feet and 44 employees. I send a weekly email to 240K people. Athens GAEric Weatherholtz @iononrecourse
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5K Followers 569 Following ▪️ I buy and build businesses ▪️ RE Investor: 4,000+ units, $550MM +RE ▪️ No syndications, sales, or coaching programs ▪️ 6 businesses and countingLook at these vacancy rates! (1966) Drastic reduction in vacancy rate in LA County within 6 months: • Slow-down in new construction • Potential buyers inability to secure adequate financing. "Forced" to stay in apartments.
If you don’t know how many buildings of the type you specialize in are in your market, you are not an expert. 👀
As I learn more about investing, I lean more towards a simpler portfolio. I used to buy a ton of individual stocks. Now I just buy and hold 5 ETFs + Bitcoin. It works for me.
This session, we’re backing the development of multifamily housing so that seniors, families, and young people can find a safe and affordable place to call home.
I didn't want to pay rent So I put 10% down on a multifamily property I lived in the ugly unit & rented the nice one. I house hacked before I knew what it meant
Telling a buyer to kill a deal today Goes against my economic interests ($100k potential of lost revenue), but it’s the right move for him and that’s all I care about Always do right by the client
It literally only takes 30 minutes a day to find more deals. Doesn’t take long to - Email/call a broker - Remind other investors of your criteria - Email/call a seller If you sit around waiting for a deals to come, you’re not going to do any
REAL TALK: Deals are really hard to do right now. I’m not sure I’ve seen a deal enviro this challenging since 2009-12. In some ways, it’s kinda refreshing. The last 5-8 yrs was silly. Ppl pushed docs around and made $. We are now getting back to the hard work, creative prob…
How to guarantee survival as a long-term real estate investor: Utilize low leverage (0-40%) and only take on more debt when you can lock in a fair rate for 10+ years. You'd be surprised at how many folks I speak to who have little-to-no leverage on massive portfolios. They…
Nothing is funnier to me than someone paying for an award or to be featured on a website/magazine and then posts about it online as if it was a total surprise to them. Bonus if they suck at whatever they claim to do to get that award/feature.
So, I’ve never told anyone about this, and you guys pointed it out, so here goes: Some of you noticed the $53k on the $3.5M sale. Yup - the fee to my side was well below market. Not because of the seller. It was because I was 24-years-old and really needed this deal to close.…
When I started as a broker, I’d get in the car and just drive around. Main streets, side streets, I’d go anywhere there was retail. And it printed money. Here’s one example:
@jasonjosephlee Same stuff across the pond. Councils are notoriously for taking years off lives through the stress of pushing planning submissions
loyalty comes from investing in people before it was obvious you should
The smartest minds think forwards and backwards. - Forwards: what could go right? - Backwards: what could go wrong? The rest of us go one direction.
Focusing on your 9-5 that pays $100k yearly is the easiest way to build wealth Few understand this 💯
People always ask. What motivates you? I wanna know, who motivates you?