Jin Wang’s apartment investing journey seems…UNBELIEVABLE!
Jin herself is in awe as she explains how, in just a few months, with her husband/partner and a combined experience of 7-doors, ended up acquiring nearly 150 units, a multi-million-dollar property and an expert investing portfolio.
The couple, who began cautiously dabbling in small multifamily duplexes quickly realized if they were going to invest so much time and energy into something, it might as well have some economy of scale.
“We were thinking 10-40 unit apartments,” says Jin, “but even then, we’d need to syndicate and we had no idea where to begin.”
Like many rising star stories, Jin’s turning point was marked by a chance encounter.
“I recall meeting Mark and Tami at a real estate conference in the Fall of 2017,” Jin begins, “but at that time, 100+ units seemed super daunting.”
The duo Jin references, Mark and Tamiel Kenney, are the co-founders of Think Multifamily – an apartment investing group that provides training, one-on-one coaching and multifamily investment opportunities.
Jin continues, “However, curiosity got the best of me and I kept in touch with Mark. When he told me about his Deal Analysis Workshop, I decided to sign-up. What I got out of that weekend was more than how to use his deal analyzer program. I got to meet some of the members of the Family Syndication Group and the conversations I had made an everlasting impression.”
The impression stuck, and Jin joined the Family Syndication Group (FSG) in February of 2018.
“AND THEN, The FIRE Summit happened!” Jin states nostalgically.
The FIRE Summit is Think Multifamily’s annual apartment investing conference where amateur, experienced and wannabe investors gather to learn Step by Step how to GO BIGGER FASTER in multifamily investing.
The FIRE Summit is where Apartment Investors, like Jin, are made…
“Just 2 weeks after the event,” Jin reports, “I received a call from someone whom I had met at the conference, telling me that he and another Think Multifamily (TMF) member had just entered into a deal contract and they’d like to invite me to be part of their team! He wanted to give me the opportunity to learn first-hand how they would carry out a deal from start to finish. I was blown away, I felt like I had just won the lottery!”
The opportunity and hospitality brought by Jin’s fellow FSG members is no isolated event. Just the opposite. Think Multifamily is well-known for their deep-rooted core values like authenticity, transparency and servant-leadership. Mark and Tamiel lead by example, helping investors exceed their goals in record time with a team of support that works like a FAMILY. Husband and wife partnerships are encouraged and a “No man left behind” mentality is adopted. The TMF tagline, “Investing for your Family’s Future,” accurately describes how this group is not only proactively changing their lives through apartment investing, but ultimately leaving a legacy for their loved ones.
So, when Jin was invited into her first deal by one of her own, she enthusiastically accepted.
“Over the course of three months after The FIRE Summit, my growth and experience in multifamily went from virtually ZERO to more than most people! I visited the property with the team during due diligence. I learned, in detail, how the deal was underwritten. The team leaders were kind enough to share everything about the deal (i.e. contracts, inspection reports, broker communications, loan documents, etc.) with us. I was able to tell my investors confidently everything I knew about the property. I discovered how much I love capital raising. It pushed me outside of my comfort zone, scary but thrilling at the same time. The deal also pushed me to start my legal entity, create a logo, Facebook page, business cards, business bank account, and now I am building a company website. Who knows how long I would’ve stretched all the above out for if it wasn’t for this amazing opportunity which created urgency and purpose, therefore, ACTION on my end.”
Jin concludes her story and now flourishing career in apartment investing by summarizing the journey so far and emphasizing the relationships she cherishes…
“So, we started off in 2019 having 7 doors to our name, the biggest multifamily we had was a duplex, and by midway of 2019, we have a multi-million-dollar property with 130+ doors in our portfolio. However, more important to me than the numbers is the experience I’ve had and the wonderful team members I’ve gotten to known better during the deal acquisition process. It amazes me the growth that occurs when you surround yourself with the right people. But to meet these people, you have to be at the right place at the right time. Our portfolio, net wealth, even personal development, started growing when my husband and I started attending conferences. By far, The FIRE Summit and being part of Think Multifamily has proven to be the most impactful combination for us!”
To learn more about The FIRE Summit and how YOU can attend the next event, CLICK HERE.
Are you ready to up your own investing game?