The Real Estate Syndication Show WS1453: Getting Started in Multifamily Investing | Maggie Cheung
There’s nothing more challenging yet exciting at the same time when one gets started in multifamily investing. Some may find success too elusive, while others can easily realize multiple revenue streams once they start dipping their toes into the waters.
In today’s episode, real estate investor Maggie Cheung shares how she successfully built a real estate portfolio at a faster pace when she was just getting started in multifamily investing. Plus, she’ll share the best tips when approaching a broker and why mentorship has played a big role in her real estate career.
Key Points From This Episode:
- How Maggie transitioned from a career in auditing to a full-time real estate investor
- What are the top tips when talking to a broker
- What is the difference between underwriting today from a year ago
- What are the biggest challenges in her business
- What is the best source for meeting investors today
- What are her best tips for passive investors
- What are the metrics that she uses to track her success in the industry
- How she gives back to the community
Tweetables:
“Persistence, determination, never giving up… So just seeing through and just do the work, you'll get the results.”
“I completely 100% believe in daily habits, because that's how I was able to kind of continue doing 150 deals, underwritten 150 deals and still think that there is a result somewhere.”
“I still like to do a little bit of old-school meeting, meeting in conferences.”
“I think cashback checks are important. So that's what we're focused on right now..”
“The thing is, the books, podcasts, conferences, meetups only will take you so far. So I think internally we know that nobody around us was actually doing the things that we want, I want to do next.”
Links Mentioned in Today’s Episode:
After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.
I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work.
I'm looking for five men to walk closely with who want to lead well at home and work.
Email me at whitney@whitneysewell.com and tell me why you should be one of the five.
whitneysewell.com
VISIT OUR WEBSITE
https://lifebridgecapital.com/
Here are ways you can work with us here at Life Bridge Capital:
⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc
⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow
📝 JOIN THE DISCUSSION
https://www.facebook.com/groups/realestatesyndication
➡️ FOLLOW US
https://twitter.com/whitney_sewell
https://www.instagram.com/whitneysewell/
https://www.linkedin.com/in/whitney-sewell/
⭐ Be Our Guest!
We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over.
Apply here: https://lifebridgecapital.com/join-our-podcast/