The Best Ever CRE Show JF3392: Tips for Finding Off-Market and Distressed Deals ft. Victor Leite
Dec 18, 2023
40:20
Victor Leite, Partner at Twenty-Five Eight Capital, delivers his take on how to strategically scale a portfolio and the operations to go along with it in today’s market. He shares tips on going direct-to-seller on deals, how syndicators can minimize damage on distressed deals, and advice to new investors looking to dip their toe into the CRE world.
Key Takeaways
- Preserve Your Reputation Above All: Victor emphasizes the significance of reputation and trust in the world of commercial real estate investing. He believes that safeguarding your reputation and maintaining the trust of your partners and investors is more valuable than any capital in your bank accounts.
- Flexibility and Long-Term Thinking: Real estate is a long-term game, and Victor advises investors to adopt a forward-thinking approach. Instead of seeking perfection in every deal, focus on progress and flexibility, adjusting your strategies to changing market conditions.
- Prepare for Market Cycles: Victor acknowledges the uncertainty in today's market, with shifting interest rates and economic conditions. He recommends staying prepared for market downturns, collaborating with experienced partners, and actively seeking off-market deals to capitalize on opportunities.
Victor Leite | Real Estate Background
- Partner at Twenty-Five Eight Capital
- Portfolio:
- Mix of single family homes, multifamily, flex industrial, and retail
- Based in: Virginia Beach, VA
- Say hi to him at:
- Best Ever Book: Breaking the Habit of Being Yourself by Joe Dispenza
- Greatest Lesson: Trying to do everything myself and not bringing in my partners sooner.
Listen to Victor’s previous episode: 2096 - Going From The Medical Field to Investing
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