168: The Unflashy Path to Multifamily Real Estate That Anyone Can Follow with Lee Yoder
Zen and the Art of Real Estate Investing
Release Date: 08/29/2024
Zen and the Art of Real Estate Investing
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info_outline 168: The Unflashy Path to Multifamily Real Estate That Anyone Can Follow with Lee YoderZen and the Art of Real Estate Investing
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,...
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info_outlineFinding 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
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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 - [email protected]
Episode Credits
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