#127 with Jens Nielsen: Scaling to 85 Units and 775 Units Under Syndication

Millennial Millionaire Real Estate Podcast

English - November 30, 2020 18:40 - 47 minutes - 86.4 MB - ★★★★★ - 56 ratings
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Previous Episode: #126 with Melchor Domantay Jr: Scaling to 27 Units in Just 3.5 Years & Leveraging Seller Financing

Next Episode: #128 with Charles Kao: Scaling to 28 Units of Multi-Family and Partnering on 328 Units

In this episode, Jonathan Farber interviews Jens Nielsen on his journey from first realizing real estate was the path to building wealth to building a real estate business with personal investments in a variety of properties. Jens is a multistrategy investor and professional syndicator based in New Mexico. In this episode, we dive into topics like: scaling to a partnered deal, taking advantage of your advantages, starting syndication advice, and more!

Top Takeaways:

Building a bigger deal once you have a foothold - 12:15 - 14:00

Start building relationships with potential investors as soon as possible

On market deals can still be perfectly viable as long as the numbers work

Implement as many of the lessons from your smaller deals as you can

Putting your skills to their best use - 14:30 - 15:45

Look at your successes and determine what you are most effective at doing

If you struggle with a certain aspect, start by working on strengthening that skill

If it’s really something you don’t like, find someone you can add to your team with that expertise

Lessons from early syndicating - 17:00 - 18:30

If you’re already suspecting issues, do a more thorough inspection to more accurately assess rehab

Make sure you’re in constant and transparent communication with your partners