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Diversified Wealth CREw: Building Equity Through Commercial RE
Welcome to the Diversity Wealth CREw Podcast, hosted by Trystan McNeill. The mission is to share the avenues of how to build equity through the commercial real estate and investment Industry . Whether you operate as broker, investor, landlord or asset manager, we believe that commercial real estate is a thriving lane to drive in substantial income, create financial freedom, generational wealth and a diversified portfolio.
We’re here to share stories around the experiences, joys and passions of the commercial real estate business. From practitioners and investors in the industry, to those who fell into the business as a 2nd career or by accident, everyone has a story. So come join the conversation as we discuss the goals, strategies, systems and business models that have led to wins, navigation of the industry in today's world, along with lessons learned.
Diversified Wealth CREw: Building Equity Through Commercial RE
“Syndication Is Only For Cash Investors”
On this week’s episode, we had the pleasure of talking with Jim Lee, the principal and managing partner of Formosa Investing, where Jim serves as a multifamily investor and syndicator. Jee, who is an immigrant from Taiwan, found his passion real estate early after working with for LoopNet/Costar. Jim is a UCLA grad, Laker’s fan, and experienced vet in the real estate industry as a broker, investor, and syndicator.
During our conversation, Jim dropped some nuggets on his lessons that he’s learned throughout his real estate journey, the importance of building the right team, dispelling some myths of syndication, what it looks like to be an entrepreneur in his culture, and the mentors that he’s had along the way.
Formosa’s investing strategy is to create significant passive income to investors and partners by identifying, acquiring, and operating multifamily assets across the US, where their primary focus is currently in the Sunbelt Region. Formosa has the vision to have all investors improve their financial life tenfold, with focus to reach dreams and not the next paycheck.
How to Connect With Jim:
website: https://formosainvesting.com/about/
LinkedIn: https://www.linkedin.com/in/jim-lee-4b94958a
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