How to Pivot Internally to Survive the Storm with Yasser Majd Ep. 115

Meet Yasser Majd, co-owner and operator of 555 Construction Management Inc., a company that specializes in construction management projects including retrofit and infill, such as basement and detached SDUs, residential conversions, and multi-units.

In this episode, we dive into the world of real estate and construction management with Yasser from 555 Construction Management. Here are the key points discussed:

• Meet our guest, Yasser - a seasoned property investor and construction manager who started his journey in real estate straight out of university.
• Yasser's expansion strategy - from one to multiple properties, eventually led him to focus primarily on construction management.
• How to get your foot in the door of the real estate market despite having a full-time job and little knowledge about it.
• The importance of having an investor-friendly mortgage broker and a savvy construction management team for success in the field.
• Navigating uncertain economic times by re-evaluating portfolios and exploring new cash flow opportunities.
• Managing risks amidst volatility in interest rates, potential defaults around 2024, and other uncertainties.
• An overview of the services offered by 555 Construction Management, including comprehensive checks for zoning laws and building codes before finalizing any purchase.
• & More!

About Yasser
With over a decade of experience in real estate investing, Yasser Majd has a proven track record in the acquisition, sales, and retention of diverse asset classes, including numerous 2-6 unit dwellings, and 20+ unit apartment buildings. He also invests in cross-border mid-term rentals as well as new builds to short-term rentals in Florida.

Yasser Majd is the co-owner and operator of 555 Construction Management Inc., a company that specializes in construction management projects including retrofit and infill, such as basement and detached SDUs, residential conversions, and multi-units.

We’re looking to help and service newer investors in the 3 + prong approach. Gone are the days and the plays of 2 units and BRRR. Time to “pivot” To be cashflow, utilize the latest zoning changes and bylaws to create 3 + units in a residence and add a converted garage space to a garden suite. This is the new cash flow and appreciation play if large multi-units are out of your range!

Connect with Yasser
Instagram - https://www.instagram.com/555construction_management_inc

Connect with Danielle Chiasson
Website: https://strategicsuccessconsulting.com
LinkedIn: https://www.linkedin.com/in/daniellechiasson/
Facebook: https://www.facebook.com/DaniChiasson
Instagram: https://www.instagram.com/letsgetreal
TikTok: https://www.tiktok.com/@danichiasson
Book in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat

Listen in and subscribe for more.

You can also leave us a review and of course, don’t forget to share. I’m sure there are real people in your network who can take advantage of what they’re going to learn from the show.

Interested in becoming a guest on the show? Email admin@letsgetrealpodcast.com with the Subject: I want to be a guest! OR simply fill out: https://letsgetrealestatepodcast.com/be-a-guest/.