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All Forum Posts by: Yosef Lee

Yosef Lee has started 6 posts and replied 225 times.

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Kevin Manz:

Congratulations, how much are rents? Wondering what c class can bring in Lawrence. 

Hi Kevin, the average rent for the property was about $510/Month over all. The average market rent nearby was about $700/Month. We just turned a unit and raised it about $200 to match the market. Yosef

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Ken Naim:

@Yosef Lee Great work on this deal. The numbers look great. Thank you for sharing. In two years you'll have a 3.5m property easy.

How did you settle on Lawrence KS and find and off market deal there from NY?

Thank you Ken! I appreciate. I happened to partner up with someone who's there locally. He is my boots on the ground partner. The deal came through a friend of his who knew the owner. This is why I always say, it's a team sport. If you have a great team, there is no boundary. FL is also great State. I know some people aiming Tampa and Orlando markets. Yosef 

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Johnny Situ:

Thank you Brosef for sharing your success, definitely inspiring. Let's Make It Happen!

Hey Johnny! Good to see you here! Thank you and let's make it happen man! Brosef 

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Marc Bhuyan:

Very cool and inspiring story. WTG!

Thank you Marc!! I appreciate that! Yosef 

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Justin Massey:

@Yosef Lee I would love to get in touch with you , I am in your shoes! At this very moment

Thank you Justin! Anytime DM/reach me on FB or LinkedIn @yosefyourbrosef  let's set up a zoom call. I would love to share what I learned throughout the process. 

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Carla J Brand:

@Yosef Lee Congratulations, Yosef!!! That's inspiring! Hoping/planning to buy my first multi-apartment deal this year! 

Thank you Carla! That is a great goal and very doable! Anytime DM/reach me on FB or LinkedIn @yosefyourbrosef

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Carlos Ptriawan:

Yosef how do you select the property manager ? is it same as the previous owner property manager ? how's the inspection report being done ?

Hi Carlos! The PM we have now is the one who worked there for the previous owner. In the beginning we were planning to change the PM but after talking to them, we liked them so we decided to keep them. If we need to find our own PM, we will strictly base on referral and reference. Inspection was done and we used a local property inspection company who did real thorough job. His report was delivered in his website where we could download I believe if we wanted to and it shows in detail what his thoughts are for each issues with pictures. It was really great.  

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Mitchell Loukusa:

@Yosef Lee

That's an amazing first deal!

I love the way you highlighted the beliefs that were holding you back and how you crushed them.

I'm still in the 'new to real estate' phase and working on getting myself the education and tools to do my first deal, so hearing from someone just ahead of me that did such a large deal is really cool!

Thank you Mitchell! Education is great and if you take actions thereupon? RESULT! If you have any questions please connect, I'm willing to share what I learned! Connect me on FB or Linkedin @yosefyourbrosef  

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Kathleen Wilcox:

Congratulations!

Thank you Kathleen! Have a great day! Yosef 

Post: My first ever 44 Unit MF apartment closed in Dec. 2020

Yosef LeePosted
  • New to Real Estate
  • New York, NY
  • Posts 234
  • Votes 264
Originally posted by @Marquis Okafor:

Congrats on this!!

Thank you Marquis! Appreciate that! Yosef