Jason Appel

Investor

New York, NYMember since 2020

About myself

Founder, 3 Pillars Real Estate Investments Email: [email protected] Website: https://3pillarsrei.com/ Let me help you underwrite your next deal: https://www.fiverr.com/share/jRQ1rw I began my Real Estate career in late 2019 while studying accounting in College. After realizing the traditional “retire at 65” was not the route I wanted to take, I came across Robert Kiyosaki’s Rich Dad Poor Dad and became curious as to how wealth is created through Real Estate. Shortly after, I began reading numerous Real Estate books, listening to podcasts and networking with like-minded investors. After graduating from Queens College with a degree in Accounting in May of 2020, I began my professional career at Eastern Union, originating close to $50MM worth of commercial real estate loans both in the multifamily and commercial markets. Currently, I manage over 300 residential and mixed-use units within Manhattan and Brooklyn, New York. With a focus on Multifamily assets, I have invested in 108 units and continue to look for strategic partnerships with both operators and investors to maximize returns and create desirable assets for long-term holds. Outside of my love for Real Estate, I am an avid Baseball fan and enjoy spending time with family and friends, reading self help and business books, and volunteering in my community. I live in Queens, New York with my wife and son. WHAT WE DO We partner with successful operators and passive investors to buy apartment communities in our target markets that are experiencing strong and consistent market growth. By raising rents, decreasing expenses or a combination of both, we take advantage of inefficient operations from previous landlords in order to maximize a property’s potential. As a result, our tenants enjoy improved amenities and our investors enjoy steady cash flow, equity and market appreciation. HOW WE DO IT Through strategic planning and in depth market analysis, we identify lucrative opportunities in our select markets. We negotiate a purchase price and get the asset under contract and proceed to present the deal to our investor base. We then raise capital from investors to fund the down payment and any capital Improvements, while utilizing a bank loan to help fund the purchase. While we improve operations on the asset, our investors passively enjoy cash flow on a monthly or quarterly basis. After the desired improvements are complete, we may choose to refinance or sell the asset, resulting in healthy returns on our investors initial capital investment. WHY WE DO IT Real estate investing gives you back your most precious asset: time. Through investing, real estate provides cash flow that can help supplement or even replace part of your ordinary income. Rather than working more hours for money, your money is now working for you! If investing in real estate enables you to spend more time on something YOU love, then everybody wins. Currently Invested in 108 Units (LP).

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RentalsCommercial

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