Helping others more than helping yourself is a principle Jason Lewis was taught as a young farmer. While he’s no longer focused on farming, he has carried this principle into his real estate investments and looks to help add value to others.
Jason has been involved in real estate since 2003. He is the CEO and Managing Broker of EcoSpace Real Estate, a residential brokerage. In addition, he is the CEO of White Fence Properties, where he focuses on investing. In this episode, Jason shares why adding value is so important, how he adds value to current homeowners, executing value-add projects, and the simple ways to add value to others.
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Key Takeaways:
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Grew up a farm kid and and brokered his first loan for a set of hogs at age 7
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Starting out in commercial real estate brokerage at 22, he would pay himself 1500 a month with the rest going into savings
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The different ways he crushed the downturn in 2008
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Making $450K on a deal in which the sellers lost and reconciling the guilt
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How to think two steps ahead of residential brokers
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Helping current homeowners sell their house with their Flip Your Home division
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The financials behind the Flip Your Home model
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The current multifamily real estate investing opportunities
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Building brand new homes with the intention of renting them
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Hosting the Creative Real Estate Podcast
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The different ways to execute value add opportunities
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Sometimes a smile is the best value add you can give
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Challenges of mobile home park investing
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Bullseye Tips:
Apparent Failure:
Mobile home parks: Lost 6 figures because he thought he could add value where it was not scalable.
Digital/Mobile Resource:
Slack
Most Recommended Book:
Self Planner by BestSelf (write it yourself!)
Daily Habit:
Writing in a Daily Planner
Wish I Knew When I Was Starting Out:
Take one thing at a time, delegate and go slow and steady
Current Curiosity:
What’s going on in the world right now
Best Place to Grab a Bite in Denver, Colorado:
Rico Pollo
Contact Jason: