Value Add Workforce Housing Investing with Yusef Alexander

Yusef Alexander has more than 20 years of working-class, real estate industry experience. He serves as VP & Chief Business Development Officer at Real Estate Asset Partners where he supports the company’s asset expansion and philanthropic growth efforts. Yusef is an active industry thought leader, frequent panelist, speaker and guest lecturer within the academic sector. Additionally, Mr. Alexander is a founding member and currently serves on the Board of Directors for the Literacy Up Project, a non-profit dedicated to advancing childhood literacy in underserved communities. Yusef resides in Los Angeles and embodies a panoramic perspective across several market base multi-family portfolios.

For today’s episode we will cover:

[00:00 – 8:51] Opening Segment.

Getting to know Yusef Alexander.
Where he got the Real estate bug.
Dealing with earthquakes.

[8:51 – 16:00] Things to consider before expanding your portfolio.

Looking at the different barrier of entries.
Developing your skill set first and foremost.
Leveraging other people’s experience.

[16:00 – 20:17] Dealing with minimal experienced partners

Factors to consider before working with people with limited experience.
Experimenting on your own.
Focus on quality instead of quantity

[20:17 – 28:36] Factors to consider before expanding your real estate portfolio

Familiarity with the market.
How to source deals in your area.
Digging deep and finding the people who can help you get deals.
Why nothing is a three-step process.

[28:36 – 32:56] The investment strategy in the current market

Opportunity is everywhere, learning where to look
Why you should have healthy stress

[32:56 – 37:18] The intricacies of the current market

The future potential of the real estate space.
Why the market needs to update to the needs of the modern world

[37:18 – 42:46] The opportunity in the gap between people's needs and wants

Listening to the customers for a win-win situation
Being part of the society of convenience
What is truly an amenity

[42:46 – 47:45] Closing segment.

Final words from everyone
Benefits of visiting different markets.
Words to the entrepreneur.

Tweetable Quotes:

Develop your skill set and make money. Once you develop your skill set and make money, you can decide how to expand and collect different assets in your entrepreneurial portfolio and your personal portfolio – Yusef Alexander

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