All Forum Posts by: Yosef Lee

johnny my friend, I stumbled upon your story!! Great story and you are killing it!! Keep up the great work! Yosef

 Will do @Rong Tan 😁

Hey Eric, 

I was in a similar situation as a W2 working full time, doing self education, and realized I needed to take some action. Finally I closed my first deal 44 Unit in KS in December 2020 and this is a post I put up in Biggerpockets thereafter. This gave many beginner friends some idea as to where to start. Hope it helps. 

• https://www.biggerpockets.com/forums/223-biggerpockets-success-stories/topics/921192-my-first-ever-44-unit-mf-apartment-closed-in-dec-2020?page=1#p5370534

Also, I'm planning an out of state multifamily investors in-person meetup in Manhattan sometime in May and already have a list of about 30 people who want to attend. Let me know if you want to be on the list so that I can notify you later for more detail. Yosef   

We closed more in 2021 in MO, OK and OH. Let’s get on a zoom call and network! DM me! 

Hey Andrew! Thanks for the comment! Yes, this property has been continuously producing (well I set the distribution 🤣) 8% coc and at the end of the year 2021, after building 6 figure capex reserve purely from the cashflow(we needed cuz the bank capex line of credit was almost gone), still had some left over money, so we distributed it as a year end bonus which brought 2021 coc return to closed to 10%. We are preparing to cashout refi in a few months which then the return will jump. Hope this answers your question. 

I scheduled it on 12/21. Talk soon! 

Thank you Jorene! 🙏🏼🙏🏼🙏🏼 

@Hadar Orkibi @Jaideep Balekar @Rany Hosny I appreciate guys! 🙏🏼🙏🏼