Two for one special today! In this episode you’re going to learn how to win on your first deal AND how to maximize your potential by building powerful partnerships. Lee M. Fjord is a consummate real estate professional with almost a decade of experience managing, leasing, brokering, investing, and syndicating real estate properties. It’s unique to find someone who is both a broker and investor. Lee does it all by being results-driven, goal oriented professional real estate agent and investor focusing on value-add midsize apartments. With over 125 doors including a 76 unit syndication acquired in 2020, he excels by approaching each client with the goal of meeting or exceeding all of their expectations to ensure the creation of "long lasting" and trusted relationships.
Tune in and learn more about the law of the first deal, the power of partnerships, and how you can partner with Lee today.
Getting to know Lee M. Fjord - [00:01 – 04:07]
I introduce Lee M. Fjord
How Lee got into his work in brokerage and syndication
Starting in property management
Inspired to invest
Making all the wrong moves on the first investment
Taking the steps towards brokerage
The Law of the First Deal and the Power of Partnerships - [04:08 – 18:14]
A deeper look at the law of the first deal
Your first million dollar deal
Getting the attention of a broker
You don’t have to do it alone
Getting through the barriers of the first deal
Bring some kind of value to the team
Don’t do it alone
The value of maximizing a team
Lee talks about the broker side of his work
Providing value to all investors
Supporting all markets
The power of Lee’s partnership
An offer open to everyone
Final Questions- [18:15 - 23:29]
What is your superpower?
Relating to people and creating connections
What was your biggest failure?
Buying a deal, never seen, with cash, on his own
How Lee is impacting the world
Reforestation efforts - One Tree Planted
Connect with Lee!
“What I mean by your first deal is your first real, good sized first deal; one that’s a million dollars or more… The type of deal that gets callbacks from brokers like me.” - Lee M. Fjord
“Try your best to get into your first big deal and work as hard as you can to get it, and when you do get it - try not to screw it up too bad.” - Lee M. Fjord
“If you can get a powerful team together and just maximize everybody’s capabilities, there’s no limit to what you can, as a team, accomplish.” - Lee M. Fjord
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Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth!
Click here to find out more about the host, Chad Sutton.