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How a First-Time Investor Achieved a 3X Return on His First Multifamily Deal with Yosef Lee, Ep. 775

Black Podcasting - How a First-Time Investor Achieved a 3X Return on His First Multifamily Deal with Yosef Lee, Ep. 775

Yosef Lee is a full-time litigation attorney based in New York who pivoted into multifamily real estate investing to gain greater control over his time and legacy. Driven by his desire to be more present for his two daughters, Yosef began his investing journey in 2019, joining mastermind communities and building a network from scratch. Since then, he has become a general partner in 17 syndications, participated in 5+ joint ventures, and successfully exited multiple deals—including a 3X equity multiple from his first investment. He now shares his journey to help others take purposeful action, emphasizing relationships, self-education, and long-term vision.

Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.

Key Takeaways

Topics

From Legal to Legacy

Accidental Discovery of Multifamily

First Deal Breakdown: 44 Units in Kansas

The Power of Masterminds and Community

Authentic Branding and Thought Leadership

📢 Announcement: Learn about our Apartment Investing Mastermind here.

Round of Insights

Failure that set Yosef up for success: Jumped too quickly into a deal where the seller used their PSA draft to raise the price and sell to another buyer. Learned to vet sellers and protect documents early on.

Digital or Mobile Resource: iPhone Notes, Reminders, and Calendar for managing tasks and prioritizing top three items daily.

Book Recommendation: Think and Grow Rich by Napoleon Hill.

Daily Habit: Morning prioritization using reminders and selecting three must-do tasks.

#1 Insight for Starting in Multifamily: Focus on E — Education, N — Networking, and A — Action. Know the lingo, meet the right people, and don’t delay taking intentional steps forward.

Next Steps

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