045: Powell Chee | Scale Yourself and Your Business
DEC 01, 2020
Description Community
About
Powell Chee is a real estate investor and multifamily syndicator partnering with interested investors who are focused on acquiring cash-flowing properties and forcing short term appreciation.
Powell specializes in multifamily syndications with experience and skills in portfolio strategy, market & property analysis, long-distance acquisitions, asset management, network management, selective financing, and raising capital. In Los Angeles, he leads the fast-growing multifamily meetup group, the https://multifamilymasters.com/ (MultiFamilyMasters.com)
[00:01 – 12:23] Powell’s Real Estate Journey
Powell talks about his real estate background
Buying his first apartment in Indianapolis
The power of expanding your network and partnering with people
Scalability
The THREE major components of a syndication
Acquisition
Raising Capital
Asset Management
Figuring out what you’re good and bad at
[12:24 – 25:27] Juggling Through Jobs
Powell talks about how he is managing to have a full-time job while investing in real estate.
Powell shares the mistakes he made throughout his journey. Listen and learn from his mistakes!
What is “Secret Shopping Properties?”


[25:28 – 33:12] Moving Up the Ladder
Are you interested in investing in bigger unit properties and don’t know where to start? Here are Powell’s tips and advice for you!
Find strategic partners
Educating yourself


[33:13 – 39:34] Closing Segment
Powell talks about his 15-year-old self
We talk about Grant Cardone’s book, https://amzn.to/37q2bpw (Sell or Be Sold).
Final thoughts
 


Tweetable Quotes:
“Scaling is just gonna be partnering with the right people who are skilled in other facets. And then you let them really drive that part of it, and you yourself drive what you’re good at.” – Powell Chee
“Everybody has this kind of a distinct advantage of what can make them be successful –- you just got to find that whatever it is in your job that helps you be successful and use that moving forward.” – Powell Chee
 
Interested in joining Powell’s meetup? Visit their websitehttps://multifamilymasters.com/ ( https://multifamilymasters.com/) now! You can also send him an email at powell@platinumequitypartners.com


Subscribe to the podcast on https://podcasts.apple.com/us/podcast/recession-proof/id1484472973 (Apple), https://open.spotify.com/show/2MV6OkJ598NYN3llRjSgGv (Spotify), and https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5jYXB0aXZhdGUuZm0vcmVjZXNzaW9uLXByb29mLw (Google).
Follow me on the following platforms: https://www.linkedin.com/in/sam-newell-70336642 (LinkedIn), https://www.facebook.com/samuelcn (Facebook), https://www.instagram.com/samnewellrealestate/ (Instagram), and https://www.youtube.com/channel/UCClcLF9jO5jqJb8LDK7VDlw?view_as=subscriber (YouTube)
Tune In and Become Recession Proof!
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