The Importance of Relationships in Real Estate Investing with Yosef Lee

Jun 29, 2022

This is part 2 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 discusses how he tells the story of how he got into real estate investing and why you should get involved in a mastermind group if you want to become a successful real estate investor. He recommends that those who are interested in becoming real estate investors start by joining a mastermind group. This will allow them to connect with other professionals in the industry and gain more knowledge and advice. He discusses that having a mastermind group is more valuable than just getting education or speakers because the people in the group have a trust, bond and it is like a family. He mentions that one of the benefits of being part of a team is that everyone is able to share their strengths and weaknesses, which helps to create a more cohesive organization.

 

[00:01 - 09:06] The Importance of Relationships in Real Estate Investing

 

• Yosef discusses the importance of relationships in real estate investing, and recommends joining a mastermind group to connect with other investors

• He discusses how 90% of millionaires invest in real estate and offers advice on how to become a millionaire through real estate investing

 

[09:07 - 11:27] Surround Yourself With High-Performing People

• Yosef discusses why you should join a mastermind to surround yourself with high-performance people
• • It’s not only education but the network that comes with it
• Trust as a factor with the mastermind group that are committed financially
• • Education is actually the investment
• There is no magic formula, you have to put the work in and add value

[11:27 - 17:32] Closing Segment

• Yosef advises his listeners when you’re getting advice from the majority
• • As long as you’re moving in the right direction
  • You should listen to both voice and do their own research before making a decision

 

• Yosef invites us to visit his website: https://yosefhlee.com/

 

 

Tweetable Quotes:

“There’s no magic formula, you have to put your work, you have to work really hard, add value, and network, that's still all that you need to do.” – Yosef Lee

 

“It's about relationship, you're going to meet amazing people. When you see that viewpoints are different that tells me that this is still a relationship game and you need to build a great relationship to become successful in multifamily. – Yosef Lee

 

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

 

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