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The Academy Presents podcast


Jun 27, 2022

This is part 1 of my conversation with Yosef Lee, Yosef is a Lawyer and a Multifamily Investor/Syndicator. Yosef began investing in cash-flowing multifamily apartments as a means of generating passive income streams, building generational wealth, and providing a financial fortress for his children. He also has a goal of achieving T/P/O freedom and control (Time, Place, and Occurrence). He would like to make a difference in other people’s lives, empowering them to become better versions of themselves while living their lives on their own terms on this journey.

 

In this episode, Yosef started out as a young lawyer, working long hours and struggling to make ends meet. He then learned about passive income streams and decided to invest in multifamily properties. This has allowed him to achieve his goal of freedom of time, and he is now able to spend more time on things that are important to him. Yosef shares his story of overcoming various obstacles to become successful real estate investor. He discusses the importance of creating passive income streams, and how this can be achieved through multifamily point investing.

 

[00:01 - 05:52] Overcome Obstacles to Become a Success

 

  • Yosef discusses how he overcame many obstacles to become successful in real estate investing, including being from low-income family and not having English as his second language
  • He learned about creating passive income streams through multifamily investing and it was a moment of realization for him that achieving T/P/O (Time, Place and Occurrence) and freedom and control.

 

[05:53 - 11:27] Staying Motivated with Like-Minded Investors

  • Yosef discusses how the military provides a housing allowance that effectively makes the resident’s personal debt “partially good.”
    • He wants to build a pipeline of steady income so that he can achieve a passive income stream
  • He wants to have control over his work is freedom
    • When you can work
    • When you want to work
    • Wherever you want to work; and
    • Whomever you want to work with
  • Staying motivated with like-minded investors

[11:27 - 17:32] Closing Segment

  • Yosef discusses how the virtual meetups have been a great way for people to connect and build relationships
    • He feels that virtual meetups will never die out, as they offer a great way to connect with people

 

 

 

Tweetable Quotes:

 

“That's the control that you want to have, right? You don't mind working hard. I can tell you love to work, but you just want to work when you can, or when you want, wherever you want with whomever you want, that's the freedom.” – Yosef Lee

 

“I realized that you must create a passive income stream and so I did a lot of researching and trying to get to the heart of what should I do to make this passive income stream. I learned about creating passive income stream through multifamily point investing which was an “aha moment” for myself.” – Yosef Lee

 

 

Connect with Yosef through his Facebook, LinkedIn, Instagram, TikTok, and https://yosefhlee.com/

 

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