5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
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
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:
- Book
- Other resources
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Connect with Yosef on LinkedIn, Facebook, and Instagram. Lay the cornerstone of your financial freedom by visiting Syndicro & Partners Capital.
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