Episode #812
Jason Lee owns more rental properties than most full-time real estate investors. But, he didn’t do this by investing after the last housing crash, inheriting millions from his parents, or buying a hundred-unit apartment building at once. Actually, Jason seemed like the least likely person to end up as a big earner. He was raised in a household where finances were a constant source of contention, and he only went to college to play sports.
Jason’s parents gave him one choice: become a doctor, lawyer, or other high-skilled professional, so he wouldn’t have to struggle like they did. After scraping through pre-med classes, living in the library, and dedicating all his time to school, he thought what every real estate investor thinks, “Maybe this isn’t the right path.” After having a sudden mental breakthrough, Jason knew he couldn’t continue. So what did he do instead? Real estate.
He was working (for free) four days a week and going to school two just to level up his skills so that he could finally do what he loved when he graduated. His first deal almost blew up, he almost quit, and he got six figures stolen from him, but Jason is now back on top, only three years after graduating, with a portfolio in the eight figures. How’d he do it so fast? Stick around and find out.
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4 Units At 20 Years Old & Ditching Med School for Multifamily:
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Connect with Jason:
Instagram: @jasonjosephlee or https://www.instagram.com/jasonjosephlee/
YouTube: https://www.youtube.com/@Jasonjosephlee/featured
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Connect with Andrew:
BiggerPockets: https://www.biggerpockets.com/users/andrewc58?utm_source=youtube&utm_medium=description&utm_campaign=none
LinkedIn: https://www.linkedin.com/in/andrewcushmanvpa/
Website: https://www.vpacq.com/
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David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
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Show notes at: https://www.biggerpockets.com/blog/real-estate-812?utm_source=youtube&utm_medium=description&utm_campaign=none
Recorded at Spotify Studios LA.
00:00 Intro
03:12 Quick Tip
03:38 119 Rentals in 3 Years!
05:53 Ditching Pre-Med
15:09 A Psychedelic Shift
20:51 Non-Stop Rejection
25:54 So Close to Quitting
31:05 Investing in California
43:09 Getting Scammed Out of $130K
46:36 Paying Back His Parents
47:19 Jason's Current Portfolio
50:18 Find and Analyze Deals TODAY
57:39 Connect with Jason!