Making Huge Difference By Properly Executing Business Plans with Lee Fjord

Oct 17, 2022

Lee  Fjord 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 with an 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. 

 

After seeing the results of the 38 unit and garnering experience in larger properties, Lee continued to build momentum in investing/deal-making while building a ROCKSTAR TEAM to pursue EVEN LARGER DEALS through syndication and GREEN FOREST CAPITAL was born.

 

Lee has almost a decade of experience as a Property Manager, Realtor, Commercial Leasing Agent, Asset Manager, and Commercial Property Broker. A true believer and practitioner of the words of Zig Ziglar — “You can have everything in life you want if you will just help other people get what they want.”

 

[00:00 - 08:05] How to Use Your Small Acts to Build the Lasting Empire

• Lee has transitioned from a full-time broker to a full-time investor, and part-time broker, He is now working on acquiring properties in multiple states.
• Lee thinks that there is an opportunity in the market for operators;
• • Who are financeable and have strength in the marketplace, as interest rates are rising.

 

[08:06 - 16:08] Finding the Right Partners to Grow Your Business

• That one way to increase the value of an asset is to decrease utility expenses, and that can be done without costing anything
• He then looks for partners that offset his weaknesses.
• • Partners that have the ability to asset manage deals properly 
• Lee has found success in acquiring and managing real estate syndications, and he recommends doing 5-6 syndications per year to reach out to people he's already connected with

• Being an active real estate investor is not easy and requires a lot of work

 

• Nico Invites you to Jake And Gino’s Multifamily Mastery 5!

MM5 will be held in Florida this coming November 2022  If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at [e-mail] to get the code that you can use to avail of a discount!

 

[16:09 - 23:25] Limited Partnership in Property Management

• Lee shares that he changed his life after becoming a limited partner in a property management company and changed his perspective on investing.
• He emphasizes the importance of good relationships with your property managers and recommends reaching out to neighbors to get to know them.
• He also recommends being direct with sellers and offering them the total market value for their property.

 

[23:26 - 26:39] Closing Segment

• Final words
• Connect with Lee Fjord by following him on Facebook, or you can email him at [e-mail], For more information, you may also visit their website at www.GreenForestCapital.com

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I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.

Tweetable Quotes:

 

 “When I approach partnerships, I look at myself first and try to find my weak places. I know where I'm strong and I know where I'm weak, and I continue to focus on making sure that my strengths grow, and then find partners that offset my weaknesses." - Lee Fjord