Fresh out of business college and a yearning desire to be an entrepreneur, Joseph Reyes sought a life of more than being confined to a 9-5 corporate position. He knew from his drive and high ambitions that he wanted to start involving himself in real estate - he just needed to start on the path to get there. From working in the restaurant business and as an Uber driver, Joseph temporarily took unconventional jobs that he knew would work around his schedule to spend his spare time on educating himself in the real estate wholesale business and looking for his first deal. Ultimately, through cold calling, driving for dollars and perseverance, Joseph came across his first deal and with the assistance of Don, was able to drastically change his life. Today, Joseph is one of Don’s most successful students and they have managed to generate over 90k worth of assignments in the past three months together.
On this episode of Multifamily Real Estate Investments with Don and Eden, Joseph shares his ability to generate solid leads through driving for dollars, cold calling, Don’s ability to guide him through the steps and use his connections to find cash buyers for his deals. Joseph also discusses with Don, the importance of having a mentor and why you should partner up with local established players when you are at the beginning of anything you're going to do in real estate if it's wholesale or if it's real estate syndication and multi-family.
Highlights:
Joseph’s Beginnings in Real Estate Wholesale
How Joseph and Don Crossed Paths
Why You Need A Mentor
How to Pick the Right Mentor
Current Projects- 5 Year Outlook
Connect with Joseph
#: 954-940-2366
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TRANSCRIPTION:
Hello everybody. Welcome to the show. Today's episode is going to be a little bit different. I have Joseph Reyes here with me. Joseph is one of my students in my local market here in South Florida. And I've been teaching him the secrets of real estate wholesale which I'm still very much active in today despite being involved in commercial real estate and syndications. Joseph is one of my most successful students and we have managed to generate over ninety thousand worth of assignments in the past three months together. And the reason we've been successful is Joseph's ability to generate solid leads through driving for dollars and cold calling and our ability to guide him through the steps and use our connections to find cash buyers for his deals. So it's critical to be able to partner up with local established players when you are at the beginning of anything you're going to do in real estate if it's risky at wholesale or if it's real estate syndication and multi-family. So let's welcome Joseph to the show.
Welcome to the Real Estate Investing podcast with Don and Eden where we cover all aspects of real estate investing with special attention to multi-family apartment buildings and off-market strategies.
Hello, Joseph, I'm so happy to have you here. Welcome to the show. I appreciate you having me on. Thank you. Of course of course. Well, you deserve it. If there's anyone that deserves it, it's probably you. So tell us a little bit about your day and what you've been doing today?
Today I have been cold calling driving for dollar leads and doing follow-ups, always grinding - so let me ask you this.
We have obviously had a relationship and we know each other very well for our audience. Tell us a little bit about your background and when did you decide to get into real estate.
So I was a finance major at the University of Florida. I was doing really well. I had my dreams of working in hedge funds and corporate America and just financial services. And after I graduated I was looking for that nice corporate gig. Kind of gets my foot in the door. Finally got a corporate gig and I was getting paid pretty well for about two years. It was really cool living, but I wasn't satisfied because I w