Book Recommendation: Shoe Dog  by: Phil Knight

Connect with Chris: Website: http://www.smartrealestatecoach.com/ Linkedin: https://www.linkedin.com/in/chrisprefontaine?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3BnWws0gZQSkuwrQq75wzbwg%3D%3D  Facebook: (4) Chris Prefontaine | Facebook

Chris' Book:  Real Estate On Your Terms (Revised Edition): Create Continuous Cash Flow Now, Without Using Your Cash Or Credit: Prefontaine, Chris, Prefontaine, Nick, Beach, Zachary: 9781642252040: Amazon.com: Books

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

Do you have questions regarding the general partner's role and compensation in a deal? Are you wondering if you should take on the role of a passive investor or an active investor? Today's guest, Zach Haptonstall, is an incredible example of when one's career displays exponential growth after "going all in" with multifamily REI. Zach, CEO and founder of Rise48 Equity, is a general partner in five properties in the Phoenix area with a total asset value of over $48 million. Get ready for a deep dive into how to build your team and your business' infrastructure as you continue to scale. Zach shows us, when you lean into your God-given gifts and strengths, how successful you can truly be! Listen in!

Book Recommendation: How to Own Your Own Mind by: Napoleon Hill

Prayer Request: His team and employees.

Connect with Zach: Website: www.rise48equity.com, Email: [email protected], Facebook: (3) Zach Haptonstall | Facebook

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

My guests, Jenny Gou and Steven Louie, owners and operators of more than $60 million of assets through Vertical Street Ventures, join me to discuss their passion in guiding investors to financial freedom through passive REI. Jenny speaks on how her focus on family drove her to leave her job in corporate America and pursue REI full-time. Steven initially pursued REI as a passive investor as a way to offset his high income and decrease his taxes. 

You'll hear a deep dive into why they both chose multifamily investments over single family homes, how multifamily REI is different than the stock market, and the mindset you need to have in order to prioritize what you want and achieve your investing goals for you and your family. This episode is jam-packed with wisdom and encourages everyone that you CAN achieve financial freedom with multifamily REI!

Book Recommendation: Who Not How by: Dan Sullivan, Miracle Morning by: Hal Elrod

Prayer Request: Jenny: Normalcy for herself and those around her, as the community reemerges from the effects of the pandemic. Steven: Humility, and the continued ability to give back to their community. Also, for his daughters, as they both graduated this year from high school and college.

Connect with Jenny and Steven: Website: verticalstreetventures.com, Email: [email protected], [email protected]

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

A return guest and listener favorite, Dave Seymour, joins me today! Dave, now a seasoned and successful real estate investor, starred in the A&E Show "Flipping Boston," and has been featured on CBS, ABC, CNBC, FOX News, CNN & more. He has spoken on stages all across the country sharing his experience and knowledge with investors. Today, Dave speaks into the current temperature of the real estate market, and why and how he is adjusting his purchasing strategy, in order to keep money moving.  He drives the importance of patience, maturity, and performing due dilligence in this current market. Dave also challenges listeners to pray daily, "Lord, replace my fear with faith every day, and let me act on that faith." He closes with the question, "Are your actions in line with your intentions?" This conversation is full of personality, laughter, and wisdom for every level of investor. Listen in!

Book Recommendation: What it Takes by Steven Schwarzman

Prayer Request: Patience and tolerance for himself and others.

Connect with Dave: Website: Freedom Venture - Private Real Estate Investments, Phone: 781-922-4418, Email: [email protected]

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

My guest today, Terry Moore, helps real estate investors make the most important financial choice of their next decade. He’s a top apartment broker who has received nine major recognitions, including Investment Broker of the Year, Deal Maker of the Year, Transaction of the Year, and CCIM of the Year. In January 2018, Terry received the inaugural Commercial Broker of the Year award from the San Diego Association of Realtors. Aside from his success in real estate investing, he is an expert and extremely passionate about helping clients understand who they are, and what their God-given talents are, in order to discover what they truly want and what they're willing to give up. "Most people read my book because they want to read about building wealth, but I wrote the book because I wanted to talk to them about legacy." Listen in for a deep dive into discovering your gifts and how they can take you so much farther than monetary wealth. 

Book Recommendation: How I Turned $1,000 into a Million in My Spare Time by: William Nickerson, Thinking in Bets by: Annie Duke

Prayer Request: Terry would like to be more in tune and listen for what God has to say to him.

Connect with Terry: Website: Home - Terry Moore, CCIM (buildinglegacywealth.com), Phone: 619-889-1031, Email: [email protected] 

Terry's Book: Building Legacy Wealth, Building Legacy Wealth: Top San Diego Apartment Broker shows how to build wealth through low-risk investment property and live a life worth imitating: Moore, Terry: 9781732196919: Amazon.com: Books

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

My guest today, Henry Washington, a buy and hold investor from Arkansas, who's built an incredible portfolio, which has recently allowed him to quit his W2 to pursue full-time REI. Henry speaks on how his mindset changed as he and his wife prepared to start a family, and how he secured his first deal by doing something anyone can do—simply announcing to the world that he buys houses.  From working for Walmart full-time to purchasing his first rental property-- Henry proves how do-able it is to pursue your dreams and take "control of your destiny." He quotes that he "had to stop thinking through the I can'ts and start thinking about the I cans." This episode is a must listen for those looking to take the next step toward REI, but just need a little motivation from a normal guy, who saw an opportunity and pursued it, one step at a time. Don't miss this one!

Book Recommendation: The Millionaire Real Estate Investor By: Gary Keller, The Alchemist By: Paulo Coelho, Rich and Righteous By: Jullien Gordon

Prayer Request: Prayers in deciphering how to structure his schedule and life now that he and his wife have quit their W2's to pursue full-time REI. Also, prayers for his mother's health.

Connect with Henry: Instagram: @TheHenryWashington

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

My guest today, Sam Wilson, took over his family's flooring business right out of high school. Many years later, he was growing tired of running a management-intensive, stressful company, so he sold it. He found himself with some time and money, but didn't know what to do next. After trying flipping and building a SF portfolio, he began to understand the power of consistent income and the importance of scalability. For this reason he transitioned to commercial real estate investing and hasn't looked back since. 

Sam also talks about his faith and family journey and how he and his wife's life has recently been turned upside down as they began fostering three kids. While this has been his biggest challenge yet, it has also been incredibly rewarding. It's also interesting how it seems God has prepared Sam and his wife for this challenge through some of their previous real estate challenges. 

Sam's Key Principle for Succeeding in Real Estate: Being willing to take the next step.

Book Recommendation: Mastering the Market Cycle by Howard Marks

Prayer Request: Pray for the Department of Children Services as Sam believes it is a broken system and doesn't always do what's in the best interest of the kids. Pray for the children that find themselves in this system. 

Connect with Sam: Website: Bricken Investment Group |, LinkedIn: Sam Wilson | LinkedIn

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

My guest today, Whitney Elkins-Hutten, is returning for her second appearance on the Threefold Real Estate Investing podcast. Her first time on the show (episode #8) focused on her journey into real estate and how she took her retirement account and turned it into 22 cash flowing rental properties.

On today's episode, Whitney talks about reaching another level in real estate investing journey. Her portfolio has done so well and created so much equity that she has had to decide how to take advantage of that equity. Join us today to find out how she decided which properties to sell (capturing all of the equity, but also paying taxes) and which properties to keep (maintaining a foundation of dependable, monthly cash flow).

Whitney also talks about her transition into creating a fund so that her investors can experience the diversity and benefits of several different commercial real estate classes.

Book Recommendation: Limitless by Jim Kwik

Prayer Request: that the world would be better, by people listening more, asking questions more, and judging less. 

Connect with Whitney: Website: Ash Wealth – Transforming Lives Through Personal Wealth Creation, LinkedIn: (18) Whitney Elkins-Hutten, MPH | LinkedIn

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

My guest today, Denis Shapiro, was working for the government when he realized that the government was not only his employer, but also his business partner because they were sharing so much of his profit through taxation. This led him to look for ways to earn income while paying less taxes. He tried stocks, but watched 2-3 years of returns get wiped out in 2-3 weeks. He also tried real estate and noticed that his real estate investments continued performing well regardless of the market. This led Denis to explore the world of alternative investments and eventually write a book: The Alternative Investment Almanac: Expert Insights on Building Personal Wealth in Non-Traditional Ways eBook : Shapiro, Denis, Picozzi, Lisa : Amazon.ca: Kindle Store

Today, Denis is an expert on alternative investments. He believes the stock market is best used as a long term, passive investing strategy. Alternative investments, like apartment buildings, mobile home parks, self-storage, whole life insurance, etc., offer many benefits that the stock market and other asset classes don't offer. These alternative investments provide monthly, passive income, tax advantages, allow you to use leverage, don't fluctuate with the market, and allow you to build long-term wealth. Many consider the lack of liquidity that comes with these alternative investments to be a negative aspect, but Denis considers this a benefit because it keeps everyone from seller and causing volatility in the prices like what you see in the stock market. 

Book Recommendation: The Five Love Languages by Gary Chapman

Prayer Request: For success with his new book and the fund so that he can continue to help others increase their income without the volatility of the stock market. 

Connect with Denis: Website: Home - SIH Capital Group, LinkedIn: (12) Denis Shapiro | LinkedIn

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad

Everyone knows, including us here at Threefold Real Estate Investing, that it's a very difficult time to find good real estate deals. So, I wanted to devote an episode to talking about how an investor can go about finding a deal even in this ultra competitive market. 

The different methods for finding deals include marketing directly to the seller (mailing campaign, cold calling/texting), working with wholesalers, attending auctions, searching the MLS (loopnet.com, crexi.com) and working with brokers. 

Based on my experience, working with brokers is by far the most effective method for finding good deals right now. But, getting a broker to take you seriously is easier said than done, especially if you're just getting started and don't have a track record. In my opinion, the most important thing for a broker is to be sure the potential buyer will actually be able to get the deal all the way to the closing table. In order for you to convince the broker that you're the best buyer, you may need to borrow a more experience investor's track record and credibility by partnering. 

Prayer Request: Our church is currently studying the book of Jonah, so my prayer comes from Jonah: "Those who pay regard to vain idols forsake their hope of steadfast love." I pray that I don't let things, like real estate, become an idol for me, but that I would instead put all my faith and hope in the Lord. 

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn

Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad