Nov 05 2020 45 mins 2
To learn from a man who focuses on driving success through multifamily, faith, and family; today I have with me, Lee Yoder. Lee is the founder and visionary behind Threefold Real Estate Investing. He started as a physical therapist then realized his true passion was building his own business by investing in real estate and has taken action to quickly build a portfolio with several small apartment buildings and opportunities for all involved. On top of driving his business forward by forging new relationships with top-notch professionals and partners, Lee also hosts an exciting new podcast, Threefold Real Estate Investing. Let’s dig into this episode and learn the best thing you can do with your time if you have it, or your money if you don’t, and how you can get rewarded for the risks you take. [00:01 - 07:52 ] Opening Segment Let’s get to know Lee Yoder Lee gives us some background [07:53 - 15:39 ] Trading Time and Money; Sowing Risk, Reaping Reward How Lee tactically made the jump to Real Estate Buying the first property Lee talks about going into Multifamily [15:40 - 23:49 ] Cash Back at Closing Lee talks about his first couple of deals Lee breaks down negotiating cash back at closing Net operating income [17:10 - 31:23 ] Leveling Up Lee talks about his current process and deals What it requires to build and scale Lee talks about his podcast and the message behind it [31:24 - 45:42 ] Closing Segment Lee talks about the journey with his wife and family How to reach out to Lee - links below Advice on going either passive or active Final words and prayer from Lee and Me Tweetable Quotes: “If you’ve got some time, and some extra capacity, you don’t have that high-income job, then I’d say go be active… If you’re a high-income earner, you got a very demanding job, and you don’t have time to be active, then I would say start passive.” - Lee Yoder “If you want to invest then you gotta learn how to delay gratification.” - Lee Yoder Resources Mentioned: Threefold Real Estate Investing Podcast Loopnet Rich Dad, Poor Dad ------------------------------------------------------------------------------------------ Connect with Lee on LinkedIn and Facebook, or call 937-400-3044. Visit https://threefoldrei.com/ to learn more. Guest Email: [email protected] Connect with me: https://www.5tcre.com/ Facebook LinkedIn Instagram Watch 5T CRE on YouTube Leave us a review and receive your free ebook Email us --> [email protected] Support the show (https://www.buymeacoffee.com/5Talents)
