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Inside peek: $2 million in Korean real estate through 0% interest financing

  • 10K City Hall 16, Euljiro-ro, Jung-gu Seoul South Korea (map)

For more detailed information about this event and to sign up, please click here to visit the meetup event page.


Description

Last month, we brought you Nikola Medimorec of Kojects. Urban development was the theme. Our members learned where potential new hotspots might be.

This month, we shift our focus to acquisition strategies.

Two of our members, Jacob and Victoria Michaels, will divulge how they've purchased over a dozen investment properties with a total asset value of more than two million dollars using money they've borrowed... for free!

How is this possible? By using the jeonse strategy - a form of creative financing. We've written about that here and here.

Jacob and Victoria will reveal negotiation strategies, favourite places to find deals, how to property manage, profits and losses, and risks.

As well as being an active investor in Korea, Jacob is also an active investor in the US, where he buys and sells houses via wholesaling - another form of creative financing similar to the jeonse strategy - all from the comfort of his own home in Korea!

If you’re interested in actually owning Korean real estate, the jeonse strategy and creative financing in general, this is a presentation you won’t want to miss!

We’ll also have time for our members to get to know each other better and talk casually in the beautiful 10K City Hall located near Seoul Plaza and City Hall.

Date/time

Saturday, March 19 from 2 PM to 4 PM

Venue

10K City Hall

Location

  • JEI Building 2nd Floor, 16, Eulji-ro, Jung-gu, Seoul (Google Map)
  • 서울특별시 중구 을지로 16 재능교육빌딩 2층 (Naver Map)
 

Participation fee

10,000 won (includes a coffee or tea from the on-site coffee shop)

English-Korean interpretation service

If you have trouble communicating in English, don't worry! We offer a free interpretation service. Our interpreter is Martin Bax. Martin's a native English speaker, but he's also fluent in Chinese and Korean. In fact, he recently graduated with an M.A. in Interpretation and Translation from the Korean-English Department at Hanguk University of Foreign Studies. If you'd like Martin to interpret for you, just let us know.

영한 통역 서비스

영어 의사소통에 있어 어려움을 느끼시면 걱정할 필요가 없습니다! 무료 통역 서비스를 제공해드립니다. 저희 통역사는 영어 원어민인 Martin(백마딩)입니다. Martin은 한국어와 중국어를 구사하며 올해 한국외대 통번역대학원(한영과)를 졸업했습니다. 통역 서비스가 필요하시면 사전에 연락해주시기 바랍니다.

(Banner photo by Dushan Hanuska, Flickr)