21 Passive Investments, Infinite Insights with Lee Johnson
Lee is a results-driven Technology Executive with broad experience across several vertical industries including Retail, Consumer Goods, Resources, and High Tech. He is an active real estate investor and along with his wife, he founded Value Investment Partners. They have a mission of helping others build wealth through passive real estate investing. Lee has experience as a Limited Partner in apartment deals, along with being a General Partner. His portfolio has a combined market value of $328 million and a little over 2,950 units across the U.S. He works with other investors to share the benefits and wealth-building opportunities passive investing brings.
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[00:01 – 03:45] Opening Segment
Lee talks about his background.
How he got started with fix and flips and why he switched to multifamily
Why he decided to educate others and host a meetup in Virginia
[03:45 – 15:30] This is the Way - Syndication
Lee talks about his first deal through a platform and his first deal through syndication.
The differences between investing through a platform and through a syndication
Why real estate investing is heavily driven by relationships
Downsides of investing through a platform
Why investing through a platform is not transparent.
The credibility of syndication deals
[15:30 – 27:25] Self Directed IRA
How Lee took his 401K funds and transitioned them to invest in deals.
In what conditions you should use a self-directed IRA
Must haves in deal for Lee
What to look for when investing in an area
The importance of “Pref Return” in deal.
Lee talks about the meetup event that he does
[27:25 – 35:38] Bullseye Round
Investing with family
REI Black Book
Most Recommended Book:
How to Buy and Sell Apartment Buildings
Best Place to Grab a Bite in Northern Virginia
Find Lee at his website www.valueinvestmentpartners.com
For more on self-directed IRA go to this website
“When things aren’t going so well, you really learn who people are.” - Lee Johnson
“You have to dust yourself off, figure out what it is that you should have learned, take that lesson and move forward” - Lee Johnson
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