5 Talents Podcast - How To Build Wealth Through Real Estate

Yosef Lee - $5M in Commercial Real Estate, 44 Units in His First Year; The 3 Keys to Success in Multifamily Investing

May 04, 2021 Abel Pacheco Season 2 Episode 153
5 Talents Podcast - How To Build Wealth Through Real Estate
Yosef Lee - $5M in Commercial Real Estate, 44 Units in His First Year; The 3 Keys to Success in Multifamily Investing
Show Notes

Yosef Lee has summarized the many ingredients to be successful in multifamily investing into 3 key secrets. He joins us in this episode to talk about these secrets and guide us through his journey that led him to $5 million in commercial real estate investing while becoming the Managing Principal at Syndicro & Partners Capital.

How he overcame the language barrier as a South Korean immigrant first then the mindset challenge he faced as a law student were impressive feats that should be recognized. He reminds us to not just trust the process, but also love it. Multifamily is a long game and best played as a team.

Tune in now and learn the 3 keys to success in multifamily investing!

[00:01 - 07:32] Opening Segment

  • From South Korea to the United States
    • Yosef’s inspiring journey
    • Why he went to law school

[07:33 - 17:46] Taking Action in Real Estate

  • Yosef talks about how he found his purpose 
  • The life-changing book of Yosef 

[17:47 - 27:11] Investing in Multifamily Deals 

  • Why invest in multifamily right away?
  • Yosef’s practical tips to start multifamily investing 

[27:12 - 37:28] Successful Multifamily Investors Do These Things 

  • The 3 keys to success in Multifamily 
  • What you should know about underwriting a deal 
  • Why you should be proud of being a  “newbie”

[37:29 - 45:12] What Happened in Those Memorable 2 Deals? 

  • Why Yosef loves real estate syndication 
  • What is a stabilized property?

[45:13 - 45:33] Closing Segment

  • Final words from Yosef and me


Tweetable Quotes:

“If you choose to go to multifamily directly, go for it, but remember, you gotta be very patient, you gotta fall in love with the process of learning, finding, and eventually bringing it to the finish line.” -  Yosef Lee 

“You gotta know how to find [the] right partner.” -  Yosef Lee


Resources mentioned:

------------------------------------------------------------------------------------------



Connect with Yosef on LinkedIn, Facebook, and Instagram. Lay the cornerstone of your financial freedom by visiting Syndicro & Partners Capital.

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us: Abel@5TCRE.com

Support the show