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All Forum Posts by: Yosef Lee

Yosef Lee has started 6 posts and replied 225 times.

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Henry Lazerow:

Nice man! Congrats keep it up 

 Appreciate that Henry!  @Henry Lazerow

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Tanya Maslach:

Yes for sure! :-) Thank you.
Fortunately in my research, I've found MTR in Denver to be in very high demand, and in fact, inventory can't meet demand.   :-)
Now - I'm working the spreadsheet to make sure everything else works out! 

Hope to stay in touch with you to learn more about how to make sure I get the right deal!

@Tanya Maslach

 Hadar is actually my mentor and top notch investor. Network with him! Yosef 

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Tanya Maslach:

hi Yosef,
You are so generous.
And - Yes! I would. I would love to get on a zoom.

I'm most open in the a.m. before 9:00 or after 4:00 pm Mountain standard.
Feel free to direct message me or call and I'd be happy to help coordinate a call for us.

Will DM you. 

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Tanya Maslach:

Amazing Yosef!  Congratulations! 
I am just starting, and found myself limiting my potential in the same way you did -- saying to myself "I should just start with 2-4 unit multifamily units".
but WHY?
Because I wanted to lower my financial risk.  I was in defensive mode, not OFFENSIVE make-it-happen-BIG mode. :-)
I'm still new, and trying to find partners to help me with up front capital so I can do this, so joined BP for support there. Your journey is an inspiration and helps me believe I can do this.


 Tanya!! You are capable of doing this!!!!! With the right mindset, education, network and action! You can do this. If you would like to get on a zoom call to network, let me know! Yosef 

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Mohammed Rahman:

Dude this is awesome! Thanks for sharing :) 


 Thank you Mohammed! Appreciate! Yosef

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Justin Buckner:

Thanks for sharing! It'd be great to learn more about how you financed the deal (savings, 401k, loan, partnership, etc). How much did it cost to buy into the deal (down payment, closing costs, etc)? How did you finance it?

The info you provided already is very helpful! I think these additional details would be even more helpful for aspiring investors - as financing the deal is often where people get stuck.

 Hi @Justin Buckner  We, 6 partners, raised $510K among us to cover the down payment & closing cost, and the rest was financed through a local community bank. The deal was 70% LTC. Hope it helps! Thanks.  

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Mercy Halim-Tambunan:

Yosef, it's been a great learning experience working together. I appreciate your contributions and partnership. Your hands-on approach was invaluable. I'm excited to see what our next venture together will be...

 @Mercy Halim-Tambunan  Can't express more gratitude!!! Thank you for being a great friend and a partner!!! Many more to come! 

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Gino Barbaro:

@Yosef Lee

The personification of hard work, and dedication. And the willingness to invest in your education and to get into the right rooms!

Congrats, and continued success

All the best

Gino

 @Gino Barbaro  You were the very first few I started following on BP!!! Thank you for being such an inspiration, thought leader and amazing role model!! Thank you so much!!!! 

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Alex Olson:

I saw this on facebook. Great work man!

 @Alex Olson  Alex!! Thank you for being a part of my journey as well!! You were one of the very first guest on our virtual meetup!!! Thank you!! 

Post: My First Multifamily Full Cycle Success Story: From Novice to Real Estate Investor

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Quote from @Millie Wang:

You are an inspiration, Yosef! 

If you host a meet up in Queens in the 718, I'd love to attend and share ideas!

 @Millie Wang Thank you Millie! Let's meetup! We will schedule one in Queens!