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On this episode of Best Ever CRE, Slocomb Reed interviews Lee Yoder, a multifamily owner-operator based in Cincinnati, about the transformative impact of bringing property management operations in-house. Lee shares how managing his own 283-unit portfolio led to lower vacancy and delinquency rates, a drop in turnover expenses, and significantly improved cash flow. He also details how internalizing operations enabled him to build a reliable team and scale his business more confidently—culminating in a recent acquisition that nearly doubled his portfolio. The conversation emphasizes the long-term strategic and financial benefits of aligning management incentives with ownership goals. Lee Yoder Current role: Founder of Threefold Real Estate Investing Based in: Cincinnati, Ohio Say hi to them at: threefoldrei.com or on LinkedIn Get a 4-week trial, free postage, and a digital scale at https://www.stamps.com/cre. Thanks to Stamps.com for sponsoring the show! Post your job for free at https://www.linkedin.com/BRE. Terms and conditions apply. Try Huel with 15% OFF + Free Gift for New Customers today using my code bestever at https://huel.com/bestever. Fuel your best performance with Huel today! Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices
The Midwest Real Estate Investor Conference is just two weeks away—join us April 24-25 at DeVos Place in Grand Rapids, Michigan for two days of high-level strategy, networking, and growth. Register today at midwestreiconference.com. In our next speaker spotlight, we talk to Lee Yoder, founder of Threefold Real Estate Investing and apartment syndication expert.
Lee Yoder - The Deal That Changed My Life In this episode of The Deal That Changed My Life, we welcome back multifamily investor Lee Yoder to dive into the pivotal deal that completely transformed his real estate journey.
The Multifamily Investor's Roadmap with Lee Yoder - #234 In this episode of The Real Estate Reserve Podcast, we sit down with multifamily investor and syndicator Lee Yoder to break down the roadmap to success in the apartment investing space. Lee shares his journey from being a physical therapist to building a thriving real estate portfolio and the key lessons he's learned along the way. We dive into how to get started in multifamily investing, the importance of finding the right partners, and why scaling strategically is crucial for long-term success. Lee also discusses navigating financing options, analyzing deals, and avoiding common pitfalls that trip up new and seasoned investors alike. Whether you're looking to buy your first apartment building or scale your existing portfolio, this episode is packed with actionable insights and real-world strategies to help you succeed in the multifamily space. Tune in to learn: ✔ How Lee transitioned from a 9-to-5 career into full-time real estate investing ✔ The biggest mistakes new multifamily investors make—and how to avoid them ✔ Creative financing strategies to close deals in today's market ✔ The power of partnerships and networking in multifamily investing Don't miss this deep dive into multifamily investing with Lee Yoder! Learn more about Lee and his work at: https://threefoldrei.com/ If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777
Finding your real estate investing niche doesn't have to be flashy or complicated. Being a one-trick pony can be a lucrative asset. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Lee Yoder to the show. Lee is the founder and CEO of Threefold Real Estate Investing, which helps investors achieve passive cash flow, growth, and wealth through multifamily properties. Lee also stuck with his W2 physical therapy position while growing Threefold into the company it is today. Jonathan and Lee open their conversation by delving into Lee's physical therapy career, revealing that his experience with a startup company exposed him to entrepreneurship. Lee shares the difference between wanting to be an entrepreneur and wanting money and why they aren't the same. You'll hear about the compound effect, Lee's intentional decision to start small with gradual expansion, and how he reins in his desire to expand faster than he should while following the 1% rule. He reveals the criteria he uses to buy new properties while building more credibility, what Lee feels is the most challenging part of scaling his business, and when he decided to bring in property management. Finally, Jonathan and Lee discuss where Lee focuses his investing efforts, what you should look for in syndications, why he's sticking to multifamily real estate, and the importance of being an active learner in this industry. Real estate investing doesn't have to be flashy to succeed. Lee Yoder's story is a prime example of that philosophy. In this episode, you will hear: What led Lee Yoder to real estate investing after a career in physical therapy The difference between wanting to become an entrepreneur and wanting money The compound effect Starting small and gradual expansion How Lee reins in the urge to expand faster than he should and following the 1% rule The criteria he uses to purchase new properties and earn more credibility The most challenging part of scaling his business and when to hire property management Where Lee focuses his investing efforts and what to look for in syndications Why he's sticking to multifamily instead of branching out The importance of being an active learner in the real estate business Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/168/ to download it. Supporting Resources: Threefold Real Estate Investing website - threefoldrei.com Find ThreeFold on YouTube - www.youtube.com/@threefoldrei4087 Threefold on Facebook - www.facebook.com/threefold.yoder Lee Yoder on Instagram - www.instagram.com/leeyoder_threefoldrei Connect with Lee on LinkedIn - www.linkedin.com/in/lee-yoder-25793215a Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
We'd love to hear from you. What are your thoughts and questions?Lee Yoder, CEO of Threefold REI, shares his journey from physical therapist to apartment syndicator and the growth of his real estate portfolio. Over the past two years, Lee has acquired several apartment complexes and transitioned from third-party property management to in-house management. He discusses the challenges and rewards of this transition, including implementing property management software and managing employees. Lee emphasizes the importance of patience in the current real estate market and advises investors to focus on the long-term game. He also highlights the mission-focused approach of Threefold REI and the company's commitment to providing quality housing for residents.Main Points:Transitioning from third-party property management to in-house management can be challenging but can also lead to cost savings and greater control over the properties.Implementing property management software requires a learning curve, but it allows for better financial management and streamlining of processes.Hiring and managing employees can be rewarding but also comes with its own set of challenges, such as payroll, benefits, and team dynamics.In the current real estate market, patience is key as prices remain high and interest rates are increasing. Opportunities may arise as distressed owners look to sell.Real estate is a long-term game, and success comes from operating properties well and focusing on providing quality housing for residents.Connect with Lee Yoder:lee@threefoldrei.comhttps://threefoldrei.com/linkedin.com/in/lee-yoder-25793215a
Lee Yoder joins us today to talk about property management companies, scaling, and raising capital.Continue the conversation with Brian on LinkedInJoin our multifamily investing community for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitanThis episode originally aired on June 21, 2024----Watch the episode on YouTube: https://www.youtube.com/channel/UCcsYmSLMxQCA9hgt_PciN3g?sub_confirmation=1 Listen to us on your favorite podcast app:Apple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Instagram: https://www.instagram.com/diary_of_an_apartment_investor Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv ----Your host, Brian Briscoe, has owned over twenty apartment complexes worth hundreds of millions of dollars and is dedicated to helping aspiring apartment investors learn how to do the same. He founded the Tribe of Titans as his platform to educate aspiring apartment investors and is continually creating new content for the subscribers and coaching clients.He is the founder of Streamline Capital based in Salt Lake City, Utah, and is probably working on closing another apartment complex in the greater SLC area. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021 after 20 years of service.Connect with him on LinkedIn----Lee YoderLee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio of many small apartment buildings, which allowed him to quit his job and pursue real estate full-time. Lee is the founder and visionary behind Threefold Real Estate Investing and the host of the weekly podcast, Threefold Real Estate Investing. Today, Threefold has 283 units and over $20M AUM. Lee has been featured on dozens of podcasts including, Bigger Pockets, Michael Blank's Apartment Building Investing and The Best Ever Real Estate Investing Advice with Joe Fairless.Learn more about him at: https://www.linkedin.com/in/lee-yoder-25793215a/ or https://threefoldrei.com/
Welcome back, friends! In this episode, Brian Davis, co-founder of Spark Rental, sits down with Lee Yoder from Threefold REI to explore why seller financing has become a hot topic in real estate investing. Learn about the benefits of owner financing for both buyers and sellers, how current lending environments make it an attractive option, and how you can leverage it for better deals. Whether you're a seasoned investor or new to the game, this discussion offers valuable insights into navigating today's real estate market. Don't miss out! Topics Covered: 0:01 Introduction 0:17 Why real estate investors love seller financing 0:25 Lee Yoder explains the benefits of seller financing 1:07 Changes in lending environments and their impact 2:17 How seller financing can be a win-win for buyers and sellers 2:44 Banks and lenders becoming more cautious 3:13 Fewer lender fees and points with seller financing 3:25 How Lee Yoder helps people invest in real estate 4:01 Free 40-minute class on private equity real estate investing Learn more about Lee Yoder: Threefold REI Take our free class on private equity real estate investing: Hack the Rich: 7 Secrets from Private Equity Real Estate Resources Mentioned: https://sparkrental.com/coinvesting/ https://threefoldrei.com/ Connect with us: Website: sparkrental.com Twitter: @SparkRental Facebook: SparkRental LinkedIn: SparkRental If you enjoyed this video, please like, share, and subscribe! And don't forget to leave a comment with your thoughts or questions. See you next time!
Join Brian Davis and Lee Yoder from Threefold Real Estate Investing as they jump into the realm of private market investments. In this insightful video, we will provide an insider's perspective on how these investments operate, essential knowledge required for success, and a comprehensive step-by-step guide to navigating this lucrative terrain. Whether you're a seasoned investor or just starting out, this video offers valuable insights to help you understand the world of private market investments.
Although the multifamily market has seen huge headwinds, the competition for buying these assets remains fierce. Even in this market, there is still lots of competition, but Lee has managed to find great value-add properties that perform well and generate great returns for his investors. There are still markets experiencing rent growth, and the long-term prognosis for multifamily remains strong as a result of a persistent national housing shortage. Lee Yoder, Founder and CEO of Threefold Real Estate, has done a great job acquiring and managing Class C properties in Southwest Ohio. Lee recently brought property management in-house to achieve greater operational efficiency and profitability.
Whitney Elkins-Hutten of PassiveInvesting.com interviews Lee Yoder in today's episode of Multifamily Investor Nation. Lee Yoder is a physical therapist who found his path into real estate. Today, Lee takes us into his newest acquisition, the 96-unit Elida 96 in Elida, Ohio, with a seven million purchase price. The game changer of this deal was the willingness of the owner to finance, and with today's prices, it makes it difficult to get deals done. Grab a bite in today's menu of Multifamily Investor Nation to feed you with insights into navigating the multifamily space.
I'M BACK with a quick episode discussing all the details of Threefold's most recent purchase, a 96-unit apartment building outside of Lima, OH. I'm on the hotseat as my wife drills me on the ins and outs of this purchase. This market is still extremely competitive, prices are still high, and interest rates are much higher than they've been in years! How can anyone find a good deal in this market?! Tune in to find out why we believe we found a great deal in this tough market. Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
Welcome to the Threefold Real Estate Investing Podcast! Podcasting has meant so much to me and to my business over the past three years. Weekly, I have released almost 175 episodes, which have had around 20,000 plays, and listeners from over 40 countries. In today's episode, I speak on the early days of the podcast, along with what I have gained over the years. I also give a HUGE update on the podcast itself and where it is heading from here on out! Listen in! Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
Creating Passive Income With a Focus on Faith and Family https://threefoldrei.com/ Lee was a practicing physical therapist when he realized his true passion was building his own business and investing in real estate. Watch on YouTube Here Today, Lee is focused on syndicating larger apartment buildings, and is the founder and visionary behind Threefold Real Estate Investing. Lee is committed to using his God-given gifts to forge a path that will generate incredible opportunities for all involved. His focus is driving the business forward by establishing new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing. Lee and his wife, Hannah, currently reside in Ohio with their two children and many farm animals. When he is not working in real estate, Lee enjoys spending time with family, working to build their homestead, and cheering on the Buckeyes and the Bengals. Lee is a man of faith, whose greatest desire is to reflect God to his family, within his business, and to all those God places in his path. The Process You Can Expect From Us We utilize our expertise, connections, and resources to identify quality multifamily assets in robust markets. Once a deal has passed our rigorous due diligence process, we present the opportunity to our investor list. Our passive investors add their capital, making them each partial owners of the property and allowing them the benefits of owning multifamily real estate. https://threefoldrei.com/
Threefold sells ANOTHER property?!? Yes! This property, in particular, is extra special and has a great story to go with it, since it was Threefold's first syndication! We learned so much through this property from beginning to end! Please join me, as my wife interviews me on all the details from purchase to sale of this great apartment building in Dayton, OH. Don't miss it! Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
This is a solo episode with yours truly! It's time for me to tell the story of The Alpine, our 47-unit apartment building we purchased located in Kettering, Ohio, and now recently sold. I dig into the good, the bad, and the ugly- from purchase to sale! Our Threefold team learned so much throughout the ownership of this property, and we're so grateful for our investors who took part in purchasing this property with us. Listen in to find out how we turned this C-class, neglected property into a B-class, thriving home for many! Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
Join us for an inspiring podcast episode as we sit down with Lee Yoder, a former physical therapist turned passionate real estate entrepreneur and founder of Threefold Real Estate Investing. Lee shares his remarkable journey of transitioning from a medical professional to a successful multifamily investor. In this insightful conversation, Lee reveals his approach to organically growing a multifamily portfolio and the key strategies he employs to bring property management in-house. Learn how Lee's vision and dedication to building strong relationships with industry professionals have driven his business forward, creating incredible opportunities for investors at Threefold. Discover firsthand how Lee's expertise in syndicating larger apartment buildings has paved the way for financial growth and success. Don't miss this chance to gain valuable insights from a multifaceted entrepreneur who is making a significant impact in the real estate world. Tune in to Lee Yoder's podcast, Threefold Real Estate Investing, and be inspired to embark on your own real estate journey! Are you tired of competing with other buyers and waiting on brokers to send you deals? Want to learn exactly how you can find more discounted multifamily deals than you know what to do with? Click here: https://www.multifamilywealtheducation.com/offmarket Check out our Off-Market Multifamily Deals course, where we teach investors how to develop a robust pipeline of discounted, off-market multifamily deals in six weeks or less. Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities: https://alignedrep.com/investor-application/ Connect with Axel: - Follow him on Instagram: @multifamilywealth - Connect with him on Linkedin: https://www.linkedin.com/in/axelragnarsson/ - Learn more about Aligned Real Estate Partners: https://alignedrep.com/investor-application/
I'm on the hot seat this week as my wife joins me to drill me about how, why, and where we just purchased a 64-unit apartment complex. It's been 12 months since Threefold purchased a 95-unit. This market is still extremely competitive, prices are still high, and interest rates are much higher than they've been in years! How can anyone find a good deal in this market?! Tune in to find out why we believe we found a great deal in this tough market. Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
In this episode, we'll dive deep into the archives with special guest host Lee Yoder of the Threefold Real Estate Investing show, talking about Tim Lyon's actionable steps to getting started in passive real estate investing down to the hurdles he needed to overcome to achieve success. Tune in and be motivated to take your own journey to new heights!WHAT TO LISTEN FORPassive opportunities in real estate investing Challenges in raising investment capital and ways to overcome them The power of social media in generating investor leads and opportunities Practical techniques to achieve success in property investmentKey elements of maintaining a work-life balance as a real estate investor RESOURCES/LINKS MENTIONED 14. How To Invest Smarter In Multifamily with Lee Yoder: https://bit.ly/44OcSyf Fidelity Investments: https://www.fidelity.com/ Vanguard®: https://investor.vanguard.com/corporate-portal ABOUT LEE YODERLee is the founder and CEO of Threefold Real Estate Investing. He helps investors achieve passive cash flow and grow wealth through multifamily investments. Lee graduated with a Bachelor of Arts in Biology at Baldwin Wallace University and a Doctorate in Physical Therapy at the University of Cincinnati. CONNECT WITH LEEWebsite: Threefold Real Estate Investing: https://threefoldrei.com/ Podcast: Threefold Real Estate Investing: https://bit.ly/46NVMSXCONNECT WITH USTo learn more about investment opportunities, join the Cityside Capital Investor Club.Follow us on Facebook: Cityside CapitalFollow us on Instagram: @citysidecapital_tim_lyonsConnect with us on LinkedIn: Tim LyonsConnect with us via Email: greg@citysidecap.com | tim@citysidecap.com
Large multifamily properties are much easier to scale your business with. Small Multifamily properties are much more challenging but can still be profitable. In this episode, Lee shares how he was able to make the jump from small multifamily joint venture deals to large scale syndication. Lee was a practicing physical therapist when he realized his true passion was building his own business and investing in real estate. Today, Lee is focused on syndicating larger apartment buildings, and is the founder and visionary behind Threefold Real Estate Investing. Lee is committed to using his God-given gifts to forge a path that will generate incredible opportunities for all involved. His focus is driving the business forward by establishing new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing. Lee and his wife, Hannah, currently reside in Ohio with their two children and many farm animals. When he is not working in real estate, Lee enjoys spending time with family, working to build their homestead, and cheering on the Buckeyes and the Bengals. Lee is a man of faith, whose greatest desire is to reflect God to his family, within his business, and to all those God places in his path. In this episode, we discussed… Why you should focus on your track record first The difference in operations with larger multifamily How to build a business that's surrounded by your lifestyle Lee's Instagram Profile link: https://www.instagram.com/leeyoder_threefoldrei/?hl=en Lee's LinkedIn Profile link: https://www.linkedin.com/in/lee-yoder-25793215a/ Lee's Company Website link: THREEFOLD - Real Estate Investing Interested in investing in commercial real estate opportunities? Join our investor group here Check out our FREE multifamily due diligence checklist to avoid costly mistakes. Click here to download the checklist. Check out our FREE Syndication Guide For Passive Investors to learn everything you know need to know BEFORE you passively invest in real estate. Click here to download the guide.
Lee Yoder started his career path being a physical therapist. He worked in this field for a short while before being introduced to the work and world of real estate. He is now the Founder and CEO of Threefold Real Estate Investing. This company helps investors achieve passive cash flow and grow their wealth through multifamily investing. This route is very common and is one of the surefire ways of getting into real estate investing. In this episode, we discuss how he got into this and what it took him to start up his own investments and company. Lee Yoder was an incredible guest with a lot of knowledge in this sector. Listen in to get the whole story.
Lee Yoder - Threefold Real Estate Investing HIGHLIGHTS IN THIS EPISODE 00:00 - Intro 01:13 - Lee's Background 6:06 - Design Your Life with Flexibility and Margin 10:12 - Impacting Family 12:33 - Threefold Real Estate Investing 14:06 - Stewardship 16:26 - Multifamily 20:24 - Lee's Portfolio 21:56 - Midwest Investing 26:47 - Current Market Interest Rates 29:42 - Benefits of a Midsize Operator 33:29 - Lee Recommends 37:00 - Bucket List Items Lee was a practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio of several small apartment buildings. After repositioning these properties and brining them full-cycle, he was able to quit his W2 and jump into real estate investing full-time. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. Threefold owns and operates 283 units in SW Ohio ($20M AUM). Lee is even more passionate about his wife and two kids and believes real estate investing is the best vehicle to achieve the life of your dreams. CONNECT WITH OUR GUEST: Website: threefoldrei.com Email: info@threefoldrei.com LinkedIn: https://www.linkedin.com/in/lee-yoder-25793215a/ Facebook: https://www.facebook.com/threefold.yoder CONNECT WITH OUR HOST: Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor --------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.it Listen, like, subscribe, comment: http://thegentleartofcrushingit.com/
Prices on older buildings can look attractive but you get what you pay for. The biggest challenge with older properties is being able to project expenses. Properties from the 1960's 70's, and early 80's tend to have a lot of deferred maintenance, especially the plumbing systems. Maintaining and replacing old plumbing is very expensive and can negatively impact the financial performance of the property. Lee Yoder, Founder and CEO of Threefold Real Estate, has done a great job acquiring and managing Class C properties in Southwest Ohio but has had to learn some expensive lessons along the way.
Want to know how to invest in multifamily real estate WITHOUT being a multimillionaire? We aren't talking about tackling a duplex or triplex; we're talking about sixteen, eight, or ten-unit apartment buildings that could help you replace your W2 income. And while these deals may seem too big to take down for a rookie real estate investor, they're much easier to get done IF you know what to do. But you'll want to follow Lee Yoder's advice, who left his job and took a hefty pay cut to start investing in real estate. As a corporate physical therapist, Lee knew that time was passing him by. The one thing he could do to ensure a life of financial freedom and time with his growing family? Multifamily real estate investing! He made the risky decision to switch gears, leaving the corporate world and thirty percent of his income behind to make the jump. Thanks to smart saving and spending, Lee was in a position where he could dedicate large chunks of his time to flipping houses and later investing in passive-income-generating real estate. The best part about Lee's story is that he did all of this on a middle-class income, without a ton of cash, using tools that almost every investor has available to them. If you want to know how he did it, what steps helped him skyrocket his portfolio, and how you can repeat his system, stick around! In This Episode We Cover: When to go full-time into real estate and saying goodbye to a steady paycheck House flipping and buying under-market homes at online auctions The “passive income” fallacy and why real estate investing ISN'T what you think Living below your means and why spending less allows you to take bigger risks Using real estate meetups to find partners, mentors, and deals in your area The rental property “scrapyard” that most investors overlook when buying multifamily Buying in the multifamily “sweet spot” that new investors and big syndicators won't venture into And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David's YouTube Channel Work with David Work with Andrew Andrew's BiggerPockets Profile Try the BRRRR Calculator on Your Next Deal What is the BRRRR Method & How to Use it to Invest in Real Estate How to Properly Analyze a BRRRR Property Hear Andrew On Our Recent Episode About Asset Management Connect with Lee: Lee's BiggerPockets Profile Lee's LinkedIn Lee's Facebook Lee's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-752 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Lee Yoder is the Founder and CEO of Threefold Real Estate Investing, a company dedicated to providing outstanding multifamily investment opportunities to both novice and seasoned investors to help them build lasting wealth. In this episode, Lee shares his recent experiences in apartment syndication and also offers insights on how to effectively assemble a team for commercial real estate ventures. Lee Yoder | Real Estate Background Founder and CEO of Threefold Real Estate Investing Based in: Cincinnati, OH Say hi to him at: LinkedIn threefoldrei.com Best Ever Book: Who Not How Click here to learn more about our sponsors: MFIN CON
Left Field Investors do things differently, and Lee Yoder's story testifies to the power of Community in getting started in real estate investing. Lee, the Founder of Threefold Real Estate, joins Jim Pfeifer to talk about his journey of taking risks and making huge career changes. He looks back on how he transitioned from a physical therapist to a real estate syndicator. His story is all about accepting and letting go of what was not for him, and pursuing what truly makes him feel fulfilled. He shares his experiences with taking on big risks in his career and his perspective on assessing them. Lee also touches on financial coaches, lending strategies, real estate markets, and more. To see the full show notes and transcript, click here.Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know, like, and trust. Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investors' Community.Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.
Listen to this episode with multifamily real estate guru Lee Yoder to discover how to take your business to the next level and generate incredible wealth. Don't miss the lessons from his learning experiences and investing tips so you can take actionable steps to scale up the multifamily industry.WHAT YOU'LL LEARN FROM THIS EPISODE The value of mentorship in multifamily real estate investingHow contrasting personalities working together benefit your businessImportant factors to consider when choosing a real estate propertyWays your REIA community can impact you as an investorTop reasons investors love podcastingRESOURCES/LINKS MENTIONEDRich Dad Poor Dad by Robert Kiyosaki https://amzn.to/3PFfCqLLoopNet: http://www.loopnet.com/ABOUT LEE YODERBefore establishing Threefold Real Estate Investing and investing in real estate, Lee practiced physical therapy. After realizing his true passion, he took considerable action to build a portfolio with several small apartment buildings quickly, which he was able to reposition promptly, bring to a full cycle, and provide an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing while also focusing on pursuing better relationships with family and a better walk with Christ.CONNECT WITH LEE Website: THREEFOLD - Real Estate Investing https://threefoldrei.com/Podcast: Threefold Real Estate Investing https://podcasts.apple.com/us/podcast/threefold-real-estate-investing/id1518879967Facebook: Lee Yoder https://web.facebook.com/threefold.yoder/LinkedIn: Lee Yoder https://www.linkedin.com/in/lee-yoder-25793215aCONNECT WITH USWant a list of top-rated real estate conferences, virtual meetups, and mastermind groups? Send Tate an email at tate@glequitygroup.com to learn more about real estate using a relational approach. Looking for ways to make passive income? Greenlight Equity Group can help you invest in multifamily properties and create consistent cash flow without being a landlord. Book a consultation call and download Tate's free ebook, "F.I.R.E.-Financial Independence Retire Early via Apartment Investing," at www.investwithgreenlight.com to start your wealth-building journey today!
Whitney Elkins-Hutten interviews Apartment Syndicator Lee Yoder to dive deep into the details of how he acquired his 95-unit Williams Point Apartments property in Cincinnati. Lee shares his story on getting into the multifamily space, as well as the tools, materials, and people that have helped him succeed in the business. He also reveals his strategies on how to structure a good deal depending on the market's state, how to get ahead of the competition, and more. Tune in and learn how to acquire the greatest deals for your investing journey.
When you're scaling, there's got to be some downside that goes with it. But whatever that is, the significant benefits that happen more than compensate for the cons. What are those advantages? That's what we will find out in this episode. Lee Yoder was practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He was able to quickly reposition this portfolio, bring it full cycle, and provide an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. In this episode, Yoder compares and contrasts working on bigger deals versus the smaller ones with his multifamily portfolio, including the benefits and disadvantages. Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you will learn from this episode for 19 minutes: Discover the benefits of getting into bigger deals in multifamily properties Find out how onsite management makes things more efficient and lessens cost Learn about the disadvantage of dealing with bigger deals and the creative ways to turn them around Resources/Links: For FREE materials from Lee Yoder, click here: https://threefoldrei.com/ Apartment.com: https://www.apartments.com/ Rentcafe.com: https://www.rentcafe.com/ Topics Covered: 01:43 - Comparing and contrasting smaller deals versus bigger deals in a multifamily setup [including the benefits of having bigger deals] 04:43 - Number of units to have to justify having an onsite staff to manage the properties 06:07 - Property management staff doing all else other than what their full-time work requires them [and how she is getting paid for this setup] 09:12 - How do they use the 4% that property management people receive 12:10 - The apparent difference in the marketing that they do when it comes to property management doing bigger deals than the small ones 14:10 - Disadvantage of getting into bigger deals with multifamily properties 17:08 - How to get creative with having property management that caters to less than 80 units Key Takeaways: "Like the property management company that we're working with now, for all of our properties, they only do the bigger properties. And that's how they're set up. And so, they know how to do that really well. And one thing they do that just blows us away is their marketing. We pay that expense, but what we're getting for it is just blowing us away." - Lee Yoder "People will talk about, you have one vacancy, and it's not a big deal on a 47-unit like it is in a duplex where you go up to 50% vacant." - Lee Yoder "With this property management company on the 96-unit, they don't have to charge us for sending somebody out because the people were there. So, the efficiency of it, it's less cost." - Lee Yoder Connect with Lee Yoder: Website: https://threefoldrei.com/ Facebook: https://www.facebook.com/threefold.yoder/ LinkedIn: https://www.linkedin.com/in/lee-yoder-25793215a/ Connect with Dave Dubeau: Podcast: http://www.propertyprofitspodcast.com/ Website: https://davedubeau.com/home Investor Attraction Workshop: http://www.investorattractionworkshop.com/ Facebook: https://www.facebook.com/thedavedubeau LinkedIn: http://linkedin.com/in/davedubeau
Ask Me How I Know: Multifamily Investor Stories of Struggle to Success
Learn how to invest with less effort without compromising returns with Lee Yoder as we look into apartment syndications, loans, interest rates, and underwriting tips in today's episode. Tune in now to diversify your real estate portfolio and earn potentially high yields.KEY TAKEAWAYSHow much money do active syndicators put into dealsRisks in getting a bank loan and their impact on a dealWays to compensate for changes in interest ratesWhat you should know about underwriting as an active investorThe value of investing with syndicators that you trustALL ABOUT LEE YODER Lee was practicing physical therapy when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to create a portfolio with several small apartment buildings quickly. He quickly repositioned this portfolio, brought it to a full cycle, and provided an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by developing new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing while focusing on pursuing better relationships with family and a better walk with Christ.CONNECT WITH LEEWebsite: THREEFOLD - Real Estate Investing https://threefoldrei.com/ Podcast: Threefold Real Estate Investing https://anchor.fm/lee-yoderLinkedIn: Lee Yoder https://www.linkedin.com/in/lee-yoder-25793215a/ Facebook: Lee Yoder https://www.facebook.com/threefold.yoder/To find out more about partnering or investing in a multifamily deal, schedule a call here: https://calendly.com/threekeysinvestments/get-acquainted-callVisit ThreeKeysInvestments.com to download a free e-book “Why Invest in Apartments”!Looking to reduce your taxes so you can build wealth? Mode Wealth is a boutique financial firm helping real estate professionals, investors, and entrepreneurs ethically and morally optimize their tax strategy to reduce their tax liability. Learn more and schedule a FREE consultation today! https://modewealth.com/Looking for an affordable healthcare solution? Check out Christian Healthcare Ministries by visiting https://bit.ly/3JTRm1IPlease RSS: Review, Subscribe, Share!Support the show (and my reading addiction)!https://www.buymeacoffee.com/AskMeHowIKnow
This week you get an episode with yours truly! What a crazy year 2022 continues to be. The historic rise in interest rates is one example of the shifting economic environment we're living in. Increasing interest rates have a significant impact on the economy, and real estate in particular. I've received a lot of questions regarding the rapid rise in interest rates: What effect will this have on the economy? Will this affect the cash flow of future multifamily deals? Is this a bad time to buy real estate? If you have been asking these questions yourself, this episode is for you! Join me as I not only explain my thoughts on the current rising-rate environment we find ourselves in, but also walk through my underwriting process on a potential deal in order to show you the powerful impact of interest rates. Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
In this episode of Cash Flow Pro, we talk with Lee Yoder, Founder, and CEO of Threefold Real Estate. Lee was a physical therapist with a stable and flexible job when he realized he needed to find some further fulfillment. Eventually, he discovered his passion for real estate and began his portfolio of small apartment buildings. Now, Lee focuses on forging a path that will generate incredible wealth and opportunity for all involved. Tune in and take notes on how Lee has raised over 5M through 506B investors and more! In this episode, we discuss the following: Investing in the right mastermind and mentor Reasons to love real estate Raising capital with 506B Utilizing your local financing options Dealing with loans and credit unions Property Management Make sure to tune in to this episode to find out more! Find your flow, Casey Brown Resources mentioned in this podcast: www.threefoldrei.com https://www.linkedin.com/in/lee-yoder-25793215a/
Lee was practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing. Lee & Vinki chat about- How Lee found his passion in real estate investing- Flipping is not investing- Partnering to crack big deals & scale faster- Vetting a property management company- Connecting with investors and building relationships- Lee shares his experience with his first raise- Assumptions while underwriting- Raising more capital before closingConnect with LeeWebsite: https://threefoldrei.com/ If you've liked this episode, please leave us feedback through a five-star rating and comments below! Also be sure to like, share, subscribe!The Real Estate Vibe Show!Follow us @:https://twitter.com/loombainvesthttps://www.instagram.com/loombainvestmenthttps://www.facebook.com/Loombainvesthttps://www.linkedin.com/in/vinkiloomba
If you have financial freedom, it is possible to live the life you want, pursue your passions, and spend more time with your loved ones. Lee Yoder, a physical therapist, business owner, and realtor, will discuss how having the appropriate mindset, acting on what you believe, and not being afraid to start helped him achieve his sustainable income flow through apartment syndication in this episode.
When is the best time to invest in real estate? Most people in the space will tell you that today is the best time to do so. In this #Highlights episode, we look back at our conversations with Lee Yoder and Todd Pultz. The two are entrepreneurs who found success in real estate investing.Lee talks about how investing was the perfect outlet for his entrepreneurial spirit that also allowed him to focus on the priorities in life – his family and his relationship with God. Meanwhile, Todd walks us through his real estate journey so far, and how having his house foreclosed and his truck towed away in front of his in-laws motivated him to find a way to create a new life for himself. Listen now and be inspired by Lee and Todd's real estate journey!
Join co-hosts Richard Coyne & Bill Zahller as they interview guests who left successful careers to pursue a different path on the Road Less Traveled Show! In this episode, we spend time with Lee Yoder! Lee is a physical therapist that moved through various roles – from the field to the office, and back to the field. Along the journey, Lee realized that his true passion was building a business and investing in real estate. A bit more about Lee: Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. Lee has taken this passion and considerable action to quickly build a portfolio of several small apartment buildings, which allowed him to quit his job and pursue real estate full-time. Lee is the founder and visionary behind Threefold Real Estate Investing and the host of the weekly podcast, Threefold Real Estate Investing. Today, Lee and Threefold have 283 units and over $20M AUM. Contact Lee: Website: threefoldrei.com LinkedIn: linkedin.com/in/lee-yoder-25793215a Email: threefoldrei@gmail.com Podcast: Threefold Real Estate Investing Book: Five Steps to Passive Investing for the Full-time Dad Contact Bill Zahller Phone: 828-275-5035 Email: Bill@ParkCapitalPartnersLLC.com LinkedIn: linkedin.com/in/billzahller Contact Richard Coyne Phone: 404-245-9732 Email: Richard@ParkCapitalPartnersLLC.com LinkedIn: linkedin.com/in/richardjcoyne If you would like to learn more about: How Park Capital Partners connects investors with passive income-generating opportunities through real estate, Our Park Capital Value-Add Fund (a 506c fund), Our latest multifamily acquisitions, or The Park Capital Partners Foundation, Inc. (a 501(c)3 non-profit). Please contact Park Capital Partners LLC in the following ways: Website: ParkCapitalPartnersLLC.com Email us: info@ParkCapitalPartnersLLC.com Facebook: https://www.facebook.com/ParkCapitalPartners/ Linkedin: https://www.linkedin.com/company/park-capital-partners-llc/ Music by Aliaksei Yukhnevich/Jamendo. Audio and Video production by Kerry Webb. If you would like to be a guest on our show and have a “path change” story, please reach out to Richard at Richard@ParkCapitalPartnersLLC.com. We would love to chat with you!
In this Off The Beaten Path Episode, Lee Yoder shares with us his tips on how to network the right way and how to level up quicker in real estate. Want to learn more about passive income? Check out our FREE GUIDE-The Passive Investor's Handbook Click here to access
HAPPY VACATION WEEK FOR THE YODERS! (Yes, Lee Yoder does take time off!) I did want to leave you with a mini episode or "thought experiment"-- one in which I have been processing through for the past few months. You've heard over and over how important our "mindset" is in achieving our goals and overall desires in life. But have you ever considered how important your mindset is in relation to the market class you are pursuing for your current AND future properties? This is a lesson I am learning when it comes to my team, my properties, and what goals I want to push for for our current and potential properties. Listen in as I discuss how important your "class mindset" is in determining the success of your properties and ultimately, the success of your business! Enjoy the week off, Threefold listeners! Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
Global Investors: Foreign Investing In US Real Estate with Charles Carillo
Lee Yoder was practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He started with several small apartment buildings, repositioned them and sold them. Today, Lee is focused on syndicating larger apartment buildings. Learn More About Lee Here: Threefold Real Estate Investing - https://threefoldrei.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 15 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/
We have a bit of different episode for you today-- a SOLOCAST, with yours truly! From investors, to friends, to people spending their days dissecting this crazy market-- there is an ongoing, lingering question going through everyone's brains... what do you do in this current vacillating, hyper-inflated market? Buy? Sell? Sit tight? Today, I'll reveal my own opinions in relation to this topic, and describe the three questions I think you must answer, when deciphering the best course of action to take, specifically in real estate investing. I think my personal take and answer may surprise you! Listen in to find out! Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn, NEW!!! YouTube Channel: https://www.youtube.com/channel/UCGM93x6ZEDa4n9yH7UP97iA Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
Lee Yoder is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. Lee advises his listeners to be patient and develop relationships with potential investors and partners along the way so that they can bring the money needed to take down a property. He speaks about the importance of being consistent in order to achieve success. Lee shows you how he became successful in investing and how compounding works to help him achieve that success! [00:00 - 03:56] Opening Segment Lee Yoder discusses Dan Hardy's “The Compound Effect” Building momentum over a period of time can help you reach your goals faster [05:53 - 09:35] Success Comes With Consistent Action Lee shares that achieving exponential growth is a process where grows at an increasingly faster rate It is important to celebrate the small steps that you need to take in order to keep moving forward Success in business comes from taking consistent action over a long period of time [09:36 - 22:18] Closing Segment Lee offers educational materials on his website threefoldrei.com Contact Lee on his social media! (Links below) Quote/s: “You've got to be consistent. If you want to buy a hundred new apartment building, you've gotta be underwriting properties. You got to be talking to brokers and investors every week. If you don't do that every week, you'll miss the opportunity.” – Lee Yoder You can connect with Lee through Website, LinkedIn, and Facebook WANT TO LEARN MORE? Connect with me through LinkedIn Or send me an email at sujata@luxe-cap.com Visit my website www.luxe-cap.com or my YouTube channel Thanks for tuning in! If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!
In these times of uncertainty, many of us are feeling adrift in the vast emptiness of the unknown ocean that lies around us… Many people are wondering if they should continue with their full-time job or take the leap of faith and be an active or passive investor or even an entrepreneur. In this episode Lee Yoder shares his story on how he and his wife took that leap of faith and were able to accomplish so much as couple in the multifamily real estate space. Come join us and listen in!Lee was practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He was able to quickly reposition this portfolio, bring it full cycle, and provide an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing, while also focusing on pursing better relationships with family and a better walk with Christ. [00:01 - 00:46]• We welcome Lee Yoder to the show [00:50 - 05:54]• Lee Yoder's background on how he started investing in real estate.[06:00 - 09:11]• How Lee was able to manage his time even after going back to his previous role to be able to start in real estate condition ourselves for what we're going to do that translates into real estate?[09:14 - 12:45]• His duplex property and why he did want to be a Landlord and the evolution of his properties?[12:49 - 16:31]• Lee's wife response to all the things that they were going through in this real estate investment journey?[17:51- 23:19]• What excites him most right now? Lee's tips on how you could get your spouse on board in investing in real estate?[23:20 - 28:41]•Closing Segment• Asking Lee Yoder the Adventurous Four Tweetable Quotes:" When you're starting out passive investing, it's a good chance, you don't know anybody else that's doing it. Real estate may be totally new to you. So go out and meet other people that are doing it. You'll gain a lot of confidence in it. You'll gain a lot of assurance. So I think networking is really key, whether you're going to be active or passive network, talk with other people that are already doing what you want to do. " - Lee Yoder "We move faster by moving slow." - Lee Yoder Connect with Lee Yoder https://threefoldrei.com/https://www.linkedin.com/in/lee-yoder-25793215a/https://www.facebook.com/threefold.yoder/ Until next time… Explore more. Adventure awaits. Please subscribe and leave an honest review - how do you want to create an impact in your world?Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.Michael on LinkedInSuzy on LinkedIn Invest with us! Start here. GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers
Just a few years ago Lee Yoder, our guest today, was frustrated with climbing the corporate ladder when he found real estate investing. He left his job, took a big pay cut and started real estate investing. He flipped a house, then a duplex, then bought a small multifamily apartment. He now syndicates 40–100-unit apartments in Dayton, OH. Real estate investing has given Lee and his family the life he believes God has called them to!Main Points:Getting started with a real estate side hustleGetting clear on your visionGetting your wife on board with your visionWhy I wanted to buy bigger and bigger MF propertiesHow syndicating apartments worksConnect with Amanda:Go to website, threefoldrie.com, and download our free e-book: "5 Steps to Passive Income for the Full-time Dad."www.threefoldrei.comthreefoldrei@gmail.com
Your host, Annie Dickerson, talks with Lee Yoder of Threefold Real Estate Investing. Threefold is committed to making exceptional multifamily investment opportunities available to new and experienced investors so that together, clients and businesses will build long-term wealth. To learn more about Lee's work, visit https://threefoldrei.com/ (https://threefoldrei.com/) If you'd like to be a guest on Real Estate Syndication Spotlight, click https://goodegginvestments.com/podcast1/ (HERE)
Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts Threefold Real Estate Investing, which focuses on multifamily real estate investing while also focusing on pursuing better relationships with family and a better walk with Christ. Join us as Lee shares how he was able to have more time and become a better parent for his family by using financial freedom through real estate. He also talks about how he made the transition from practicing physical therapy to investing in real estate, scaling from small deals to bigger ones through building relationships, and the benefits of investing in multifamily. Tune in and find out how you can create the life you want for you and your family! In this episode, we explore: 00:47 - Guest Introduction: Lee Yoder 01:55 - Lee's journey and how he got into real estate 04:18 - The line in the sand for Lee 07:53 - Transition from physical therapy to real estate 13:42 - From small deals to larger ones 17:41 - The benefits of actively or passively doing multifamily 21:37 - Things Lee wishes he had known earlier about multifamily 24:06 - What's going on in multifamily 29:31 - One resource that helped Lee in his journey Connecting with the Guest: Website: threefoldrei.com Podcast: “Threefold Real Estate Investing podcast” Linkedin: www.linkedin.com/in/lee-yoder-25793215a Youtube: www.youtube.com/channel/UCDk_r0TKVJMRveKg5lE1Qkg/featured Instagram: @leeyoder_threefoldrei #wealthbuilding #fatherhood #multifamilyinvesting
Want to avoid mistakes in Long Distance Investing? Download your FREE document at http://keeponcashflow.clickfunnels.com/7mistakes Going Long Podcast Episode 203: From P.T. to Threefold Real Estate Investing Success In the conversation with today's guest, Lee Yoder, you'll learn the following: [00:15 - 04:36] Show introduction with comments from Billy. [03:04 - 09:35] Guest introduction and first questions. [09:35 - 15:08] The backstory and decisions made that led Lee to this point in his journey. [15:08 - 22:44] The books that made Lee realise that there was a different way of living life, and how he came to make those first changes. [22:44 - 27:09] Lee explains all about his ‘Threefold' real estate business, what they stand for, and how they do things. [27:09 - 35:10] The market locations Lee focuses on, and the main reasons you may want to invest in them. [35:10 - 39:55] Why it may be a good idea to invest in a tertiary market. Here's what Lee shared with us during today's conversation: Where in the world Lee is based currently: Cincinnati, Ohio The most positive thing to happen in the past 24 hours: Spent time with his son at home fixing up his skateboard! Favourite European City: Bern, Switzerland. A mistake that Lee would like you to learn from so that you don't have to pay full price: Make sure you have capital reserves for unforeseen circumstances. Book Recommendation: The Compound Effect, by Darren Hardy. Be sure to reach out and connect with Lee Yoder by using the info below: Website: https://threefoldrei.com/ LinkedIn: https://www.linkedin.com/in/lee-yoder-25793215a To see the Video Version of today's conversation just CLICK HERE. How to leave a review for The Going Long Podcast: https://youxccbxtu.be/qfRqLVcf8UI Start taking action TODAY so that you can gain more Education and Control over your financial life. Do you want to have more control and avoid the mistakes that I made getting started in long distance investing? Then you can DOWNLOAD the 7 Mistakes to Avoid in Long Distance Investing Guide by clicking HERE. Be sure to connect with Billy! He's made it easy for you to do…Just go to any of these sites: Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels
There are boundless opportunities in real estate. In this #Highlights episode, we feature the success stories of Mike Simmons and Lee Yoder. Mike tells us how he continued with real estate investing with his wife's support even after his first deal tanked. Lee, on the other hand, tells us the process of realization that he's an entrepreneur and left his career as a physical therapist.Mike shares a bit about his background and his personal story, how he got started, and how he took his business to where it is today. Meanwhile, Lee talks about why investing was the perfect outlet for his entrepreneurial spirit that also allowed him to focus on the priorities in life – his family and his relationship with God. Tune in and be inspired by their success stories!
Lee Yoder was practicing physical therapy when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He was able to quickly reposition this portfolio, bring it full cycle, and provide an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. He is the Founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing, while also focusing on pursuing better relationships with family and a better walk with Christ. In this episode, Lee shares how you can maximize the impact of becoming part of a local REIA as he discusses the benefits of being in one – from education, networking, and overall career success. Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you'll learn in just 16 minutes from today's episode: Find out how to leverage and really take advantage of your local REIA when working on your path towards your career's success; Discover the difference between joining a local REIA and being part of big-time coaching programs; and Understand why you should be clear with whatever it is that you want to pursue when joining a REIA in your city. Resources/Links: Threefold Real Estate Investing: https://threefoldrei.com Threefold Real Estate Investing podcast: https://threefoldrei.com/podcasts/ Topics Covered: 01:35 – The start of Lee's involvement with REIAs in his city 03:18 – How the REIA community helped him achieve his notable successes in his career 05:23 – Learning from local REIAs vs. big-time coaching programs 09:19 – Tips for the newbies who are planning to join and take advantage of a local REIA 11:21 – Conversational ice breakers from Lee 12:28 – More about Lee Yoder: Threefold Real Estate Investing, the podcast, and his socials Key Takeaways: “There's a lot of people in my city that are really into real estate. It's comforting; it's a good feeling to see that there's a lot of other people doing what you're trying to do. It gives you a little more confidence. There's just a community about it. So, you don't feel alone.” – Lee Yoder “Getting a really good bunch of education and networking with a lot of people, just kind of talking together and brainstorming and working towards a similar goal before doing it separately, it's just really powerful for me. It gave me a lot of confidence.” – Lee Yoder “I have nothing against coaching programs, paid to coach, paid mentorship. I probably would have done it, but I just didn't have to because I had the REIA.” – Lee Yoder “Take small steps. Decide how bad you want to get into the space and how much you want to have success. It gets easier over time.” – Lee Yoder Connect with Lee Yoder: Website: https://threefoldrei.com Email: info@threefoldrei.com Connect with Dave Dubeau: Podcast: http://www.propertyprofitspodcast.com/ Website: https://davedubeau.com/home Investor Attraction Workshop: http://www.investorattractionworkshop.com/ Facebook: https://www.facebook.com/thedavedubeau LinkedIn: http://linkedin.com/in/davedubeau Enjoyed the Podcast? Please subscribe on iTunes for updates
Transitioning from small units to bigger ones can seem like a daunting venture, but my guest on today's show, Lee Yoder, is here to tell you why it's actually the best decision for you and your business! Lee, who is the founder and CEO of THREEFOLD Real Estate Investing, began his real estate journey with a single duplex, and has methodically worked his way up to his biggest investment to date; a 96 unit in Southwest Ohio. During our discussion today, Lee shares why he has found it easier to manage the 96 unit property than the other 45 and 47 unit properties he currently owns, why networking is a key to success in the real estate industry, and the superpower that makes him stand out! Key Points From This Episode:The type of real estate that Lee Yoder's company, THREEFOLD, invests in.Challenges that Lee faced when he was managing smaller units than he is now.Why having a person fully dedicated to one property is so beneficial.Lee explains why he is likely to still go after 40 to 100 unit properties, even though that isn't the space he ideally wants to be in.Factors which encouraged Lee to transition to investing in bigger properties. Advice that Lee would give his younger self if he could.Lee's superpower in the asset management space!Tweetables:“As soon as we got the 96 [unit], we were like, “Wow, this is what everybody's talking about with economies of scale.” Maintenance requests get answered quicker because the guy's there so tenants are happier. Units get filled quicker because somebody's there that can show it at any time.” — Lee Yoder [05:38]“Management wise, operations wise, I never want to own anything less than a hundred units again.” — Lee Yoder [06:26]“The bigger you get, the more vacancies are okay because three out of a 100, you are 97% occupied, that's great.” — Lee Yoder [11:40]Links Mentioned in Today's Episode:THREEFOLD Real Estate InvestingLee Yoder on LinkedInLee Yoder on FacebookAsset Management Mastery Facebook GroupBreak of Day Capital Break of Day Capital InstagramBreak of Day Capital YoutubeGary Lipsky on LinkedInGarzella Group
Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts an exciting new podcast, Threefold Real Estate Investing, which focuses on multifamily real estate investing while also focusing on pursuing better relationships with family and a better walk with Christ. Let's dive into his story! [00:01 - 09:35] Opening Segment Why Lee decided to transition to Real Estate Looking for a balanced lifestyle to be with family Can't do a fulfilling work What Lee saw fulfilling about Real Estate Lee's life after his first flip [09:36 - 19:58] A newbie's real estate journey Networking and relationship building Getting started is the hardest part How Lee did during the start of his new business Lee's business plan execution The decision to end the healthcare job There's no one-size-fits-all in Real Estate [19:59 - 26:15] Lee's love for Dayton market Deals that Lee is currently looking for What Lee loves about the Dayton market Difference about Cincinnati and Dayton Lee's goal when going for a deal [26:16 - 29:15] Closing Segment Educate yourself and build your network Connect with Lee: Shoot him an email at info@threefoldrei.com Check out their website www.threefoldrei.com and get a copy of an E-book for FREE! Follow him on his socials: Facebook, and LinkedIn WANT TO LEARN MORE? Connect with me through LinkedIn Or send me an email sujata@luxe-cap.com Visit my website www.luxe-cap.com or my YouTube channel Thanks for tuning in! If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe! Tweetable Quotes "When I saw Real Estate, I thought this could be the best of both worlds, where I can build something and become an investor of my property, enjoy this work, and also have that flexibility and time freedom, to be a good Christian, father, and a husband.” - Lee Yoder "I didn't enjoy being a landlord, but I did enjoy seeing that what our residents paid us each month was more than all of our expenses.” - Lee Yoder "I want a property that if our strategy doesn't work, even if rents come down, the property will still cashflow.” - Lee Yoder Resource Mentioned: The 16% Solution - J.D. Joel S. Moskowitz
Discover how a busy high-earner professional took action to achieve time freedom through real estate investing. Our guest, Lee Yoder, openly shares about the benefits of passive income and the effects of relying on formal education to pull off financial success. This episode is packed full of insights that would inspire you to do more, have more, and be more!WHAT TO LISTEN FORWhy fix and flip not considered an investment?Benefits of owning more units in one locationReal estate investing risks vs stock investing risksCan debt be used as leverage when investing?Effects on earning potential when relying on formal educationRESOURCES/LINKS MENTIONEDRich Dad Poor Dad by Robert Kiyosaki | Paperback https://amzn.to/3vNNev5 & Audible https://amzn.to/3IQO260Real Estate Investment Association (REIA): https://www.reia.org/LoopNet: https://www.loopnet.com/ Calendly: https://calendly.com/Cashflow Quadrant by Robert Kiyosaki | Paperback https://amzn.to/3vRgdhx & Audible https://amzn.to/3MxZoy0Five Steps to Passive Income for the Full-time Dad: https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dadABOUT LEE YODERLee Yoder was a practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio of several small apartment buildings, which has allowed him to quit his job and pursue real estate full-time. Lee is also the founder and visionary behind Threefold Real Estate Investing. And he is the host of a weekly podcast called The Threefold Real Estate Investing Podcast, which focuses on multifamily real estate investing along with pursuing better relationships with family and a better walk with Christ.CONNECT WITH LEEWebsite: https://threefoldrei.com/Facebook: https://www.facebook.com/threefold.yoderLinkedin: https://www.linkedin.com/in/lee-yoder-25793215a/Podcast: The Threefold Real Estate Investing Podcast: https://threefoldrei.com/podcasts/CONNECT WITH USTo learn more about investment opportunities, join the Cityside Capital Investor Club.Follow us on Facebook: Cityside CapitalFollow us on Instagram: @citysidecapital_tim_lyonsConnect with us on LinkedIn: Tim Lyons
Join Daniel Nickles with his guest Lee Yoder as he talks about the different approaches to playing it big in real estate investing. When Lee started educating himself with Rich Dad Poor Dad and The Cashflow Quadrant, he realized that owning rental properties was what he wanted to get into. And as for most beginners, the first step is the most crucial step to take, no matter how right or wrong. Here, Lee shares his thoughts on house flipping, the essence of working with the right people, and what he decided to do that really moved the needle in his career as a passive investor. In this episode you will learn: The struggle of having to sell your time and energy House flipping is not investing! Why you should consider getting a property management team Having a partner is influential when transitioning to bigger projects Lee Yoder – on working with syndication attorneys About Lee Yoder: Lee was a practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He quickly repositions this portfolio, brings it full cycle, and provides an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing while focusing on pursuing better relationships with family and a better walk with Christ. Connect with Lee Yoder on: Website: https://threefoldrei.com/ LinkedIn: https://www.linkedin.com/in/lee-yoder-25793215a Facebook: https://www.facebook.com/threefold.yoder/ Instagram: https://www.instagram.com/leeyoder_threefoldrei/?hl=en Connect with Two Smart Assets on: Website: https://twosmartassets.com/ Facebook: https://www.facebook.com/TwoSmartAssets/ Instagram: https://www.instagram.com/twosmartassets/ YouTube: https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw ✅ Check out our free apartment syndication sample deal: https://twosmartassets.com/sample-deal-form
The Commercial Real Estate Academy podcast was created to demystify the commercial real estate industry for the masses. During our weekly episodes, we interview industry experts on a host of different commercial real estate-related topics. Through these interviews, we hope to arm you with the knowledge, references, and tools you'll need to confidently pursue commercial real estate opportunities as a business owner and/or an investor. Raphael Collazo and Jeff Walston are excited to introduce their guest for this week! In today's episode, we hosted Lee Yoder, CEO at Threefold Real Estate Investing, for a lively conversation about how to manage investing in real estate while having a full-time job. ▶️ During our conversation, we explored topics such as: • How he got interested in commercial real estate, • How did he manage investing in real estate while having a full-time job, •Walking us through his first real estate deal, • What struggles he had faced as he looked to scale his business, • As well as much more... ▶️ If you're interested in learning more about Lee, feel free to reach out to him via the following links: ▶ LinkedIn: https://www.linkedin.com/in/lee-yoder-25793215a/ ▶ Website: http://www.threefoldrei.com Below I've provided links to books that were referenced during the episode: 1) The Bible 2) Rich Dad, Poor Dad - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 If you find value in these episodes, please SUBSCRIBE and don't forget to leave us a 5
In this Off The Beaten Path Episode, Lee Yoder shares how anyone who is venturing down a new path can accelerate their success. Want to learn more about passive income? Check out our FREE GUIDE - The Passive Investor's Handbook Click here to access
Lee is the founder and CEO of Threefold Real Estate Investing, a commercial real estate investing firm located in Cincinnati, OH investing all throughout the US. He, however, does not have the most traditional path to real estate investor. Having started in the physical therapy field, he quickly realized there was more opportunity out there for him. He jumped ship and started working in corporate, soon to find out time was a limitation. And this is where real estate investing was introduced. Together, with his wife and business partners he has moved from fix n flips to multifamily investing in a short amount of time and gives some of his lessons learned along the way. On top of all this, he is a loving husband and father and a faithful man of God. We discuss faith, finance and family throughout it all, please enjoy! --- For more on Lee, connect with him on LinkedIn: Lee Yoder Visit Threefold Real Estate Investing: https://threefoldrei.com/ ---- For more information about tax savings and stewarding your financial situation, be sure to check out the Better Books website and connect with Chris directly Website: betterbooksaccounting.co CONNECT with Chris on LinkedIn: Chris McCormack CPA, MBA FOLLOW Chris on Instagram: @chris_mccormack__ FOLLOW Better Books on Instagram: @better.books_llc --- Subscribe to our channels! Spotify: https://open.spotify.com/show/21FK4WSAdgzwRq2niiFq7c?si=8e96630d2a774fa9 YouTube: https://www.youtube.com/channel/UCvisblLePw42lYk6z36XY-w Apple: https://podcasts.apple.com/us/podcast/know-your-numbers-with-chris-mccormack/id1548255525----
S2:E2 | The Entrepreneurship Insights Podcast | An Interview with Lee Yoder | Part 2 Learn how the founder of ThreeFold Real Estate, Lee Yoder, makes an impact on the world through his passion for real estate Check out ThreeFold here: https://threefoldrei.com J oin the Official Entrepreneurship Insights Podcast Discord Server! https://discord.gg/sB2ngEfpsB Follow my Instagram for future updates! https://www.instagram.com/gyan_b_/ Connect with me on LinkedIn! https://www.linkedin.com/in/gyan-bhambhani-a66440214/
Lee was practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He was able to quickly reposition this portfolio, bring it full cycle, and provide an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. My biggest achievement is accepting Jesus Christ as my savior. My second biggest achievement is convincing the woman of my dreams to marry me. My third biggest achievement is raising two amazing kids (they're great so far). Get in touch with Lee: threefoldrei.com linkedin.com/in/lee-yoder-25793215a If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/
Welcome to Real Estate (Un)Success Stories. After only a short few seconds, you'll catch the infectious energy and enthusiasm of Cody's guest on this episode, Lee Yoder. Lee was practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He was able to swiftly reposition this portfolio, bring it full cycle, and provide an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing, while also focusing on pursing better relationships with family and a better walk with Christ. Make sure to connect with Lee on Facebook or LinkedIn. Key Takeaways: Think about and consider what success looks like to you, prior to investing. Are you Under capitalized for deferred maintenance or the “little things” that pop up? Do you know how much you need to set aside per unit, per year for maintenance costs? “Hang in there. You gotta stick with it. “ During his conversation with Cody, Lee refers to the book, The Compound Effect from Darren Hardy. Thanks for listening to The Real Estate (Un)Success Stories podcast. Help someone hear the challenges we went through so they can avoid the same mistake by sharing this episode or listen to our previous episodes. Please don't forget to leave a review and 5-star rating on your favorite podcasting platform. Vendue Capital is on the Web and, you can connect with our host, Cody Lewis on LinkedIn. Production services for The Real Estate (Un)Success Stories podcast are provided by Downtown Podcasting. To start a conversation on how you can have a podcast, simply send an email to info@downtownpodcasting.com.
S2:E2 | The Entrepreneurship Insights Podcast | An Interview with Lee Yoder Learn how the founder of ThreeFold Real Estate, Lee Yoder, makes an impact on the world through his passion for real estate Check out ThreeFold here: https://threefoldrei.com Join the Official Entrepreneurship Insights Podcast Discord Server! https://discord.gg/sB2ngEfpsB Follow my Instagram for future updates! https://www.instagram.com/gyan_b_/ Connect with me on LinkedIn! https://www.linkedin.com/in/gyan-bhambhani-a66440214/
In Lee Yoder's first guesting on our show, we're inspired a lot by how he discovered opportunities that real estate investing can offer. Today, we're bringing back Lee to share more of his success. Keep tuning in to learn the best markets to invest in and the benefits of investing in multifamily apartment syndications.Key Takeaways To Listen ForWhat made real estate a fulfilling and rewarding job despite its challengesSteps to take before getting into the next deal and ways to find investorsTop tips to effectively manage multiple multifamily apartmentsEfficiently handling a property/asset management teamWhy Southwest Ohio is considered a stable market?The power of building a relationship with brokersResources Mentioned In This EpisodeSA048 | Physical Therapist Finds His Passion In Real Estate Investing With Lee YoderRich Dad Poor Dad by Robert T. KiyosakiGoogle Drive“5 Steps to Passive Income for the Full-time Dad!” Free ebookAbout Lee YoderLee was practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He was able to quickly reposition this portfolio, bring it full cycle, and provide an incredible return for his investors. Today, Lee is focused on syndicating larger apartment buildings. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing, while also focusing on pursuing better relationships with family and a better walk with Christ. Connect with LeeWebsite: THREEFOLD Real Estate InvestingPodcast: THREEFOLD Real Estate InvestingEmail: info@threefoldrei.comTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams
We interviewed Lee Yoder. Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts an exciting new podcast, Threefold Real Estate Investing, which focuses on multifamily real estate investing while also focusing on pursing better relationships with family and a better walk with Christ. In this episode, we cover several key topics including: How He Found His Mentor By Attending a Real Estate Meetup How Multifamily Properties Are Valued vs Single Family How Syndicators Are Paid On a Deal (And Why) And lots more! Connect with Lee: Website - https://threefoldrei.com/ LinkedIn - https://www.linkedin.com/in/lee-yoder-25793215a/# https://www.linkedin.com/company/threefold-real-estate-investing/ Email - info@threefoldrei.com Facebook - https://www.facebook.com/threefold.yoder https://www.facebook.com/Threefold-Real-Estate-Investing-104499088002035 Podcast - https://threefoldrei.com/podcasts/ And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com
We interviewed Lee Yoder. Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts an exciting new podcast, Threefold Real Estate Investing, which focuses on multifamily real estate investing while also focusing on pursing better relationships with family and a better walk with Christ. In this episode, we cover several key topics including: How He Found His Mentor By Attending a Real Estate Meetup How Multifamily Properties Are Valued vs Single Family How Syndicators Are Paid On a Deal (And Why) And lots more! Connect with Lee: Website - https://threefoldrei.com/ LinkedIn - https://www.linkedin.com/in/lee-yoder-25793215a/# https://www.linkedin.com/company/threefold-real-estate-investing/ Email - info@threefoldrei.com Facebook - https://www.facebook.com/threefold.yoder https://www.facebook.com/Threefold-Real-Estate-Investing-104499088002035 Podcast - https://threefoldrei.com/podcasts/ And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com
After Leaving his corporate job in 2016, Lee Yoder decided to go all in with real estate. What started as house flipping quickly turned into full time apartment syndicating. Lee is sharing how he scaled from a duplex to over 100 units and the biggest challenges doing so, how he gets most of his investors through referrals, and his best tips for finding the most valuable use of your time and outsourcing the rest. Lee Yoder Real Estate Background: Full time apartment syndicator Currently acquiring 40-100 unit apartment buildings Portfolio includes a 45 unit, 47 unit, and 96 unit building Based in Cincinnati, OH Say hi to him at: threefoldrei.com Best Ever Book: Who Not How Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss
Lee was practicing physical therapy when he realized his true passion was building his own business and investing in real estate. He is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts a podcast, Threefold Real Estate Investing, which discusses multifamily real estate investing, while also focusing on pursuing better relationships with family and a better walk with Christ.[00:01 - 06:19] Physical Therapist RE InvestorLet's get to know Lee YoderA job challenging yet fulfillingMaybe God has other plans[06:20 - 23:43] Seeing God's Role in Real EstateLee shares his admiration for his wifeLet's explore this limitHow Lee started his first dealFlipping and scalingNot Money but Time and RelationshipsWise CounselThe Ultimate GoalThreefold Real Estate InvestingCreating an Impact[23:44 - 30:42] THE FINAL FOURWhat's the worst job that you ever had?In a greenhouseWhat's a book you've read that has given you a paradigm shift?EcclesiastesWhat is a skill or talent that you would like to learn?Piano or guitarWhat does success mean to you?“Glorifying God and following Christ.”Putting actions behind your wordsConnect with Lee. Links available belowResources Mentioned:Rich Dad Poor DadTweetable Quotes“Flipping is not investing. It's real estate.” - Lee Yoder“It takes discipline to be able to listen and to be able to internalize.” - Lee YoderConnect with Lee through threefoldrei@gmail.com and LinkedIn. Visit their website https://threefoldrei.com/.LEAVE A 5-STAR REVIEW by clicking this link. WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Support the show (https://www.buymeacoffee.com/weissadvice)
Multifamily Investing the RIGHT Way with Multifamily Attorney Charles Dobens
Lee Yoder was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. Lee is the founder and visionary behind Threefold Real Estate Investing. Lee and I discuss how he's been able to build up his multifamily portfolio. For more information or to get started in multifamily investing, please visit: https://www.multifamilyinvestingacademy.com/.
In this exciting episode, I'll share with you my interview with Lee Yoder. Be inspired how he was able to drive and pursue his passion and true north. Lee is the founder and visionary behind Threefold Real Estate Investing. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world. Tune in to this podcast to get the strategy you need to leverage yourself, create multiple streams of income, and build your wealth portfolio...and then you can decide whether you want to work forever (I probably will!) or turn your career into a lucrative hobby. Join my FREE Facebook here ---> http://bit.ly/onepercentcode
Hey! Pili Yarusi here.Lee was a practicing physical therapist when he realized his true passion was building his own business and investing in real estate. He took this passion and considerable action to quickly build a portfolio with several small apartment buildings. He was able to quickly reposition this portfolio, bring it full cycle, and provide an incredible return for his investors. Today, he is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Listen in now!Connect With Lee YoderWant to connect with Lee? Get in touch with him at https://threefoldrei.com/. Want to Learn More About Multifamily Real Estate Investing?If you're an experienced real estate investor and you're ready to get around a community of active multifamily real estate investors who will support you, hold you accountable, and push you to set goals that inspire you as you grow your business, check out 7 Figure Multifamily and see if it looks like a good fit. If it is, I invite you to join in. If you have any questions, please reach out!- CLICK HERE: https://7fm.7figuremultifamily.com/7fmgroup====================Want to continue your multifamily real estate journey? Here are a few more resources to check out...Multifamily Live Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://www.7figuremultifamily.com/multifamily-live-podcastFacebook Group: We've built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/multifamilylive/7FigureMultifamily.com: Learn more about who we are, our mentoring groups, upcoming events, and the causes we support at our website. Plus, grab some free downloads and other materials to help you on your real estate investing journey! Click Here: https://www.7figuremultifamily.com/ See acast.com/privacy for privacy and opt-out information.
About Lee: I am a Christ-follower, a husband, a father, and a real estate investor… in that order. I used to be a physical therapist and I was successfully climbing the corporate ladder, but I wanted more control over my time and my family's future. By investing in apartment buildings, my wife and I have both been able to quit our jobs and we're living the life we feel God has called us to! >>>Interested in partnering with David Robinson on future opportunities? Connect with David at CanovoCapital.com
Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold.
Thinking of changing careers and going big the first time? In today's episode, we're going to dive into them! Lee Yoder was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion in considerable action to quickly build a portfolio with several small apartment buildings. Lee is the Founder and visionary behind Threefold Real Estate Investing and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. [00:01 - 04:00] Opening SegmentLet's get to know today's guest, Lee YoderLee shares about his shifting careers and journey to time freedom[04:01 - 16:05] Scaling with Small Multi'sLee's multi-family investing storyBuilding Teams around Your Acquisition“You have to assume this loan.”The Five to Seven-Year Exit PlanHow to Take Down a 47-Door Building with Great Management[16:06 - 19:14] Final Four SegmentResources Mentioned5 Steps to Passive Income For The Full Time DadTweetable Quotes“You got to buy right, you got to finance right… but you can still totally ruin it with bad management.” - Lee Yoder“Sometimes you learn from people who are only ten steps ahead of you. ” - Lee Yoder-----------------------------------------------------------------------------Connect with Lee Yoder through: threefoldrei@gmail.com and LinkedIn. Check out his website https://threefoldrei.com/ and start your real estate career in a few easy steps.Connect with me:I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in!Email me → sam@brickeninvestmentgroup.com
Thinking of changing careers and going big the first time? In today's episode, we're going to dive into them! Lee Yoder was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion in considerable action to quickly build a portfolio with several small apartment buildings. Lee is the Founder and visionary behind Threefold Real Estate Investing and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. [00:01 - 04:00] Opening SegmentLet's get to know today's guest, Lee YoderLee shares about his shifting careers and journey to time freedom[04:01 - 16:05] Scaling with Small Multi'sLee's multi-family investing storyBuilding Teams around Your Acquisition“You have to assume this loan.”The Five to Seven-Year Exit PlanHow to Take Down a 47-Door Building with Great Management[16:06 - 19:14] Final Four SegmentLee's advice to aspiring investors“Figure out what you want to do.”How Lee stays on top of his gameNetworkingLee's way to make the world a better placeGiving back and involving his childrenReach out to our guest - see links below Final wordsResources Mentioned5 Steps to Passive Income For The Full Time DadTweetable Quotes“You got to buy right, you got to finance right… but you can still totally ruin it with bad management.” - Lee Yoder“Sometimes you learn from people who are only ten steps ahead of you. ” - Lee Yoder-----------------------------------------------------------------------------Connect with Lee Yoder through: threefoldrei@gmail.com and LinkedIn. Check out his website https://threefoldrei.com/ and start your real estate career in a few easy steps.Connect with me:I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in!Email me → sam@brickeninvestmentgroup.com
Starting out in Real Estate can be the hardest part, but once you do, good things can come your way fast. Today's guest, Lee Yoder, of Threefold Real Estate Investing, started out by scouring old deals on LoopNet and ended up making great profits. When other deals fall apart, prices can come down significantly. Lee is now buying bigger cash flowing deals in the greater Dayton area.
In this episode, Dalyn Hazell sits down with Lee Yoder to discuss transitioning from full-time employment to full-time real estate investing, how long that took him and the strategies he implemented.Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts an exciting new podcast, Threefold Real Estate Investing, which focuses on multifamily real estate investing while also focusing on pursuing better relationships with family and a better walk with Christ.Key takeaways from this episode:How to transition from full-time employment to real estate investing.The difference between single-family and multifamily and its advantages and disadvantages.The great networking strategies you can use.How to stay motivated in a multifamily game.Keeping the balance of faith, family and other obligations.Subscribe, Listen to all our episodes and Leave a review:Apple: https://podcasts.apple.com/us/podcast/real-estate-investing-for-freedom/id1570870735Spotify: https://open.spotify.com/show/2d3nMp137jfw6MDyPPsY3jGoogle: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xNzkxNDk0LnJzcw==Connect with Guest, Lee Yoder:Website: https://threefoldrei.com/our-team/Email: threefoldrei@gmail.comLinkedIn: https://www.linkedin.com/in/lee-yoder-25793215aFacebook: https://www.facebook.com/threefold.yoderConnect with the Host, Dalyn Hazell:Facebook: https://www.facebook.com/dalyn.hazell/Instagram: https://www.instagram.com/dhazell24/Email: dalyndhazell@gmail.com
Lee Yoder, Apartment Syndicator At Threefold Real Estate Investing discusses his transition from corporate America to single family investments to multifamily real estate and the power of this asset class to pay you today AND pay you tomorrow.
Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts an exciting new podcast, Threefold Real Estate Investing, which focuses on multifamily real estate investing while also focusing on pursing better relationships with family and a better walk with Christ. https://threefoldrei.com/ Want to learn more about passive investing? Grab our FREE Course: https://www.passiveinvestorsclub.com/course Thank you and I appreciate you watching this video. Please like, subscribe, and share with others that you may find this valuable. Your comments are useful and help us generate better quality content based on your feedback. Subscribe to my channel here:https://www.youtube.com/channel/UCb66-jA-WR4-LlJqp8Sn2wg?sub_confirmation=1 The Passive Investors Club is a community of like-minded individuals seeking financial freedom through passive investing in commercial real estate. More information about our club: https://www.passiveinvestorsclub.com Follow Me Online Here: Instagram: https://www.instagram.com/dwainelclarke/ Facebook: https://www.facebook.com/DwaineClarkeOfficial LinkedIn: https://www.linkedin.com/in/dwaineclarke/ Website: http://passiveinvestorsclub.com Twitter: http://twitter.com/dwaineclarke Medium: http://medium.com/@dwaineclarke SoundCloud: https://soundcloud.com/dwaineclarke Podcast: https://podcasts.apple.com/us/podcast/wealth-through-real-estate-investing/id1457606006 Spotify: https://open.spotify.com/show/7B2wIQyiMgrcEJoqBUJzRR
“You really need to have a relationship with all these people, and have people basically interested in investing with you.”-Lee YoderLee was practicing as a physical therapist and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings. Lee is the founder and visionary behind Threefold Real Estate Investing. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts an exciting new podcast, Threefold Real Estate Investing.In this episode, Trevor and Lee discuss:- How to transform your current career into a real estate investing career.- Know how to grow your real estate investment just around your local area.- Learn how to find better deals and how to put those deals together.- Know the challenges in real estate investing and learn the tips on how to overcome them.- Learn the key and the steps to get your investor's commitment in a deal.
Our guest today is Lee Yoder, a multifamily investor and podcaster. In this episode, we dive deep into buying your first multifamily property. Lee shares his 5 steps to success in your first deal, common mistakes and how to avoid them, and why multifamily is the best way to reach true freedom in your life. If you're ready to take the leap into multifamily investing then don't miss out on this episode! Learn more about Lee Yoder and his journey at reiclarity.com! “At the beginning of your journey, ask yourself these questions - Could I do my job part-time? Could I free up some time to do this as a side hustle?” 03:55 Lee started his career as a physical therapist and later worked in a startup company. Here, he realized that he was passionate about numbers, business, and building companies, so he turned to real estate. Lee got into real estate by flipping a single-family property. He soon bought a duplex, then a 16-unit, and finally a 45-unit property. “The cap rate, what the owners are doing now, that's all how the property is performing right now. I'm much more concerned about how's the property gonna fare in the future. “ 08:22 Lee's 5 steps to successfully purchasing your first multifamily property: Getting educated: Books, podcasts, and courses are helpful but you can learn a lot from a flip too. Networking: Be active in your community, join your local RIA, or start a podcast. Understand underwriting: Practice running the numbers 3-5 times a week. Start building your team: Find a good property manager and get a good lender or mortgage broker. Networking can also help you with that. Start making offers: Put your knowledge into action. There are ways to get out of an offer, so don't be afraid to take this last step. Focus on the step that is ahead of you and always move forward. By the time you reach step 5, it's not going to look that scary. The hardest deal is always the first one, so whatever you can do to get over the hump is worth it. Lee talks about mistakes he made along the way and how to resolve them. According to him, always focus on networking and getting good referrals on the people you'd like to work with. Also, make sure you raise more money than you think you'll need because you don't want to go back to investors. “I'm not saying that everybody needs to go full-time in real estate, but you can create passive income with it and really change your life. “ 37:48 At the end of the episode, Lee picks an action step from the REI Clarity Framework that is the most valuable for him. This is the “Forecast Your Future”. Lee loves real estate investing because he can work hard if he wants to but his work is very flexible. This gives him more time to spend with his family. For Lee, forecasting the future means that he can create freedom for himself and his family and create a better future. Mentioned in the show: https://threefoldrei.com/ Contact Lee Yoder His LinkedIn www.shineinsurance.com/reiclarity The REI Clarity Framework Learn how to grow your portfolio and reach incredible success the right way! Visit us here for everything you need to know: www.shineinsurance.com/reiclarity. Special thanks to Lee Yoder for taking the time to share so many great insights with us If you enjoyed this podcast, there's a couple of things we need you to do right now: SUBSCRIBE to REI Clarity on Apple Podcast, Spotify, or wherever you listen to podcasts While your there, please RATE & REVIEW the show SHARE with friends Finally, please, JOIN the REI Clarity Facebook Group Then, please share the show with whoever you think it will inspire. Until the next time, We truly appreciate you listening. Need the REI Insurance Guy? More great stories & information at: Youtube – Blog – Podcast
You take that promotion at work because you want to provide better for your family. But then you’re working MORE hours and seeing even LESS of the people you love. So, what if you could stop trading time for money? What if you didn’t have to decide between realizing big dreams for your family and spending quality time with them? Lee Yoder is the Founder and Managing Partner of Threefold Real Estate Investing, a multifamily investing firm based in Lebanon, Ohio. Lee was working as a physical therapist when he started investing in real estate, and by December of 2020, he quit his job as a physical therapist to be a full-time investor. Lee also hosts the Threefold Real Estate Investing Podcast, a show that focuses on leveraging multifamily investing to enjoy a stronger relationship with your family and a better walk with Christ. On this episode of Apartment Building Investing, Lee joins cohost Garrett Lynch and me to explain how his faith and family inspired him to pursue real estate. He describes how he gained confidence by analyzing hundreds of deals and attracted the help of a mentor to guide him through his first multifamily closing. Listen in for Lee’s take on why the Law of the First Deal works and learn how he is enjoying the flexibility to work when and where he wants as a full-time investor! Key Takeaways What inspired Lee to pursue real estate Time freedom to be more present at home Coworker offered copy of Rich Dad… Why Lee took a 30% pay cut to make time for real estate Faith and family are top priorities Long-term plan to bring in passive income How Lee talked his wife into ‘the real estate thing’ Time + believable behavior = trust Forced him to slow down, think through choices How Lee shifted into the multifamily space Join local REIA to connect with investors Learn to underwrite in Apartment Focus Group How Lee attracted the support of a mentor Coachable and willing to do the work Lead with value to get foot in door How Lee landed his first multifamily deal Practice underwriting to gain confidence Submitted offer on deal on LoopNet Lee’s approach to his first multifamily deal Jump and build parachute on way down Lean on mentor to make it less dangerous How Lee raised money for his first few multifamily deals JV with friends and family on 16-, 8- and 10-unit 45-unit deal = first syndication How Lee led a syndication without a track record Reputation of integrity, success in flipping Network with local investors in REIA Lee’s take on why the Law of the First Deal works Personal confidence in team, lending process Brokers take you seriously How Lee decided when to quit his full-time job Replace W-2 income with rental income Equity from sale of first 2 deals afforded runway Lee’s top lesson learned in real estate Build occupied units into rehab budget Consider deferred maintenance costs How Lee’s life is different now Mid-week morning coffee date with wife Flexibility to work where, when he wants Connect with Lee Yoder Threefold Real Estate Investing Threefold Real Estate Investing Podcast Lee’s Free eBook: 5 Steps to Passive Income for the Full-Time Dad Email info@threefoldrei.com Resources Register for Deal Maker Live Learn More About Michael’s Mentoring Program Access Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? Join the Nighthawk Equity Investor Club Purchase Michael’s Syndicated Deal Analyzer Rich Dad Poor Dad by Robert T. Kiyosaki REIA LoopNet BiggerPockets Podcast Show Notes Michael’s Website Michael on Facebook Michael on Instagram Michael on YouTube Apartment Investor Network Facebook Group
A wonderful, organic, genuine episode with Lee Yoder and his wife, Hannah! Listen as they share with genuine openness. We get a really great perspective on their home life balance and the conversations that they had together as they were growing in their business and in their relationship. Lee was practicing as a physical therapist when he realized his true passion was building his own business and investing in real estate. He has taken this passion and considerable action to quickly build a portfolio with several small apartment buildings.Lee is the founder and visionary behind Threefold Real Estate Investing, and he's committed to forging a path that will generate incredible wealth and opportunity for all involved. His focus is driving the business forward by forging new relationships with top-notch professionals in the real estate world and bringing on more partners to invest alongside Threefold. Lee also hosts an exciting new podcast, Threefold Real Estate Investing, which focuses on multifamily real estate investing while also focusing on forging better relationships with family and a better walk in his faith.You can find out more about Lee on his company's website threefoldrei.com. He also has a podcast called "Threefold Real Estate Podcast" which can be found anywhere you listen to podcasts. Lee is also reachable on all social media on FB, LinkedIn, and Instagram or you can reach out to him directly via email at threefoldrei@gmail.com.What book has had the biggest impact on you and why?
Great show this week with Lee Yoder for investors both large and small - we learn how Lee was able to transition from a career in physical therapy to replace his income in a short period of time with multifamily real estate. Lee talks about how he found great deals on Loopnet (most people say you can't!) and what he learned in the turnaround process, such as managing the rehab, implementing better management, and much more. Lee also talks about why the syndication model may not make sense for a lot of investors… so if you're someone who wants to grow your portfolio but doesn't want to focus on raising capital, you'll want to listen. Show Notes:3:35 Lee shares his background as a physical therapist and how he got into real estate.7:32 We discuss the differences between working in the corporate world vs. owning a business and we learn the challenges Lee faced when leaving his job. 10:39 Lee shares the details regarding his first flip.13:30 We discuss Lee's favorite aspects of real estate16:48 Lee talks about how he learned to underwrite deals and how he began acquiring larger multifamily properties. 21:15 We discuss how Lee financed one of his larger deals and what he learned after he closed and began executing his business plan.29:58 Lee shares what he is currently focusing on in his business. 35:00 We discuss why Lee is focusing on larger multifamily properties and why there is more competition relative to smaller properties. 39:00 Lee gives tips to investors looking to scale their business and acquire larger properties. 43:53 Lee shares his biggest business-related failure and what he learned from it.46:10 We discuss how networking is essential in real estate and why it can help you grow. 47:30 Lee discusses his short term goals.CONNECT WITH AXELhttps://www.instagram.com/multifamilywealth/?hl=enhttps://www.linkedin.com/in/axelragnarsson/Download my investor toolkit (cash flow calculator, investor pitch deck, scope of work template, and renovation checklist) here.CONNECT WITH LEEhttps://www.linkedin.com/in/lee-yoder-25793215a/https://threefoldrei.com/
Great show this week with Lee Yoder for investors both large and small - we learn how Lee was able to transition from a career in physical therapy to replace his income in a short period of time with multifamily real estate. Lee talks about how he found great deals on Loopnet (most people say you can't!) and what he learned in the turnaround process, such as managing the rehab, implementing better management, and much more. Lee also talks about why the syndication model may not make sense for a lot of investors… so if you're someone who wants to grow your portfolio but doesn't want to focus on raising capital, you'll want to listen. Show Notes:3:35 Lee shares his background as a physical therapist and how he got into real estate.7:32 We discuss the differences between working in the corporate world vs. owning a business and we learn the challenges Lee faced when leaving his job. 10:39 Lee shares the details regarding his first flip.13:30 We discuss Lee's favorite aspects of real estate16:48 Lee talks about how he learned to underwrite deals and how he began acquiring larger multifamily properties. 21:15 We discuss how Lee financed one of his larger deals and what he learned after he closed and began executing his business plan.29:58 Lee shares what he is currently focusing on in his business. 35:00 We discuss why Lee is focusing on larger multifamily properties and why there is more competition relative to smaller properties. 39:00 Lee gives tips to investors looking to scale their business and acquire larger properties. 43:53 Lee shares his biggest business-related failure and what he learned from it.46:10 We discuss how networking is essential in real estate and why it can help you grow. 47:30 Lee discusses his short term goals.CONNECT WITH AXELhttps://www.instagram.com/multifamilywealth/?hl=enhttps://www.linkedin.com/in/axelragnarsson/Download my investor toolkit (cash flow calculator, investor pitch deck, scope of work template, and renovation checklist) here.CONNECT WITH LEEhttps://www.linkedin.com/in/lee-yoder-25793215a/https://threefoldrei.com/
Want to become financially free through real estate? Check out our book on jump starting a cash flowing real estate portfolio at https://www.therealestateinvestingclub.com/real-estate-wealth-bookIn this episode I interview Lee Yoder. Lee is a physical therapist by day, investor by night and has great advice for anyone growing their portfolio while also holding down a W-2. Lee has great advice for investors, so strap in, grab your pen and paper and enjoy the show.Want to connect with the guest? Get connected here: https://www.linkedin.com/in/lee-yoder-25793215a/Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.************************************************************************GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESSLEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-bookCONNECT -- Want to join one of the most active Facebook Groups for Real Estate Investors? Click here to join: https://www.facebook.com/groups/2940993215976264READ -- Want to read the best of the best real estate books? Check out our list of the best books on real estate investing: https://www.therealestateinvestingclub.com/resourcePARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/GROW -- Want for us to bring you leads and run your real estate digital marketing? Reach out to our partner agency at https://www.therealestateinvestingclub.com/off-market-lead-generation-servicesWATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshowLISTEN -- Want to listen to our Podcast? Go here: https://therealestateinvestingclub.buzzsprout.com/LISTEN -- Want to learn how to master your life by mastering your health, wealth, relationships and spirit? Check out our sister podcast, Pursuing Greatness, at https://www.pursuinggreatnesspodcast.com ************************************************************************ ABOUT THE REAL ESTATE INVESTING CLUB SHOW The Real Estate Investing Club is a podcast and YouTube show where real estate investing professionals share their best advice, greatest stories, and favorite tips in real estate. Join us as we delve into every aspect of real estate investing - from self-storage, to mobile home parks, to single family rentals, to real estate syndication! Join us as we learn about these REI pro's career peaks and valleys and the lessons they learned along the way! #realestateinvesting #passiveincome #realestateSupport the show (https://paypal.me/GabrielWPetersen?locale.x=en_US)
Real estate investing attracts all sorts. For Lee Yoder, today's guest, investing was the perfect outlet for his entrepreneurial spirit that also allowed him to focus on the priorities in life – his family and his relationship with God. A fast mover, Lee was able to sell a duplex and buy three multi-family properties within four months. But his path to becoming an investor wasn't easy. In our conversation, Lee talks about taking a pay cut when he left the corporate world to pursue his real estate career. We discuss how Lee's wife helped him shift his mindset and establish better long-term goals.Our gracious sponsor: Gene Trowbridge and Jonathan Nieh, founding partners of the top syndication firm Trowbridge Law Group LLP have a legal team with over 50 years of combined experience in real estate syndication and the practice of real estate securities law. Over this time Gene and his partners, in several past firms and currently, have helped clients raise close to $5.0 billion dollars in offerings by empowering entrepreneurs to raise capital legally. To learn more about Trowbridge Law Group LLP, visit our website at www.trowbridgelawgroup.com or follow us on Facebook, Instagram, or Twitter.