When John Stoeber graduated college, he looked at the compensation package for his first job and realized he was not going to make enough nor did he have enough vacation time to take the annual ski trip he was accustomed to taking every year. This led him to investigate ways to make extra, passive income. He decided that real estate was the best way for him to earn extra income while working his full-time job. 

He started by house-hacking a duplex in Baltimore, MA. He then lost a lot of money on a flip. Finally, with a couple partners, he decided on apartment syndication (though he does plan to house-hack again). After many months of grinding-it-out, his team was able to purchase a 30 unit apartment complex. 

The 3-year goal for his company to have $10,000 of cash flow in  three years (August 2021). If you have similar goals, this is a great episode for you!

Book Recommendation: Real Estate Finance and Investments- Risks and Opportunities by Peter Linneman

Prayer Request: Success for newly launched podcast- Millennials In Multifamily Podcast- and their free e-book on underwriting. 

Contact our Guest: Website: https://kronosinvestmentpartners.com/, Facebook: https://www.facebook.com/JohnStoeber, Podcast: https://podcasts.apple.com/us/podcast/the-millennials-in-multifamily-podcast/id1528819749?fbclid=IwAR3qGT6LUdm0xgiErJsAGi9qBJttd7B87SuNMIovxk6V6YZL0nCF1Sq9QfI#episodeGuid=8e63d12c-b991-45cc-a624-6be4c9a942af

Connect with Lee: Website: threefoldrei.com, Email: [email protected], Phone: 937-400-3044

Gabe is a great example of someone that decided he wasn't satisfied with not being able to control his schedule, his time, his life. He had a good job, but he wanted more freedom. He started with a "run down" triplex. This project did not go as planned. But, because he stuck with it and continued to work through each issue, he was able to turn this triplex into a great profit. He has since invested in many deals, has started his own investing team, has his own podcast, and most important- he now has control of his time. Gabe gets to make his own schedule every day. 

Prayer Request: For everyone to get through COVID-19

Contact our Guest: Website: https://www.therealestateinvestingclub.com/, Podcast: https://podcasts.apple.com/us/podcast/the-real-estate-investing-club/id1515039960?ign-mpt=uo%3D4, LinkedIn: https://www.linkedin.com/in/gabe-petersen/

Connect with Lee: Website: threefoldrei.com, Email: [email protected], Phone: 937-400-3044

Today we are joined by a real estate tax expert, Yonah Weiss. He focuses primarily on cost segregation. If you're wondering about the tax advantages that come with investing in real estate, this episode is for you. 

Yonah has helped hundreds of real estate investors in saving Tens of Millions of Dollars in income tax through Cost Segregation with Madison SPECS, and have been a guest on over 100 of the top real estate podcasts on the subject. He says, "It’s not about how much you make, it’s about how much you keep."

Prayer Requests: Success for everyone- success means something different for everyone. Clarity for Yonah and for everyone. 

Contact our Guest: Website: https://www.yonahweiss.com/, LinkedIn: https://www.linkedin.com/in/cost-segregation-yonah-weiss/

Connect with Lee: Website: threefoldrei.com, Email: [email protected], Phone: 937-400-3044

After graduating from Ohio State,  Paul entered the management development track at Ford in Detroit. After five years, he left to start a staffing company. He scaled and sold the company to a publicly traded firm. After a brief “retirement”, Paul began investing in real estate in 2000 to protect and grow his own wealth.

He's completed over 85 real estate investments but it was a very successful multifamily project in 2010 that convinced  him of the power of commercial real estate. This has been his focus ever since. This led him to author his first book, The Perfect Investment- Create Enduring Wealth from the Historic Shift to Multifamily. 

Paul is married with 4  children and lives in Central Virginia. He strives to abide with God and to follow Jesus daily. Paul is a great role model for all of us real estate investors who long to live meaningful, God-honoring lives. 

Books: The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges, Hosting the Presence by Bill Johnson

Prayer Requests: Paul's second daughter is heading off to Bethel College in CA. Also, Paul is working to find the best in class operators with whom to place his investor's capital.

Contact our Guest: Website: https://www.wellingscapital.com/, Email: [email protected], Bigger Pockets: https://www.biggerpockets.com/users/PaulTMoore

Connect with Lee: Website: threefoldrei.com, Email: [email protected], Phone: 937-400-3044

Growing up on a farm and raising piglets to sell at auction, Marcus Maloney began to understand entrepreneurship and investment at a young age. However, it took him until the age of 36 to fully jump into real estate investing. He had many missteps along the way including dropping out of high school and selling drugs on the streets of Chicago. But, he never lost his faith in God and kept coming back to his longing to follow Jesus. He knew God had a plan for his life. Today, Marcus has completed dozens of local (Phoenix) and long-distance (Chicago) real estate transactions. He owns a portfolio of rentals which provide him consistent monthly income. Marcus is extremely humble and says if he can succeed in real estate investing, anyone can. 

Book recommendation: The Power of Broke by Daymond John

Prayer Request: That Marcus would have the strength and perseverance to continue down this road that God has for him and his family.

Contact our Guest: Website: https://marcusemaloney.com/, Email: [email protected], Facebook: https://www.facebook.com/mrcsmaloney

Connect with Lee: Website: threefoldrei.com, Email: [email protected], Phone: 937-400-3044

Before ever starting his career as a professional musician, Ben was diagnosed with multiple sclerosis which made it unrealistic for him to continue on his life-long dream of becoming a professional musician. This devastating news caused Ben to reassess how he would provide for his family. After extensively researching his options, he settled on real estate investing. He quickly realized he needed to buy more units under one roof if he wanted to scale to the point of having the necessary cash flow to provide for his family's needs. He moved into small apartment buildings and grew a portfolio that not only provided for his family, but allowed him to move his family to Pheonix, AZ where they are living the life of their dreams and Ben is now pursuing large apartment complexes. 

Quote from Bed: “The truth is you need both. You need cash flow to stay in the game, and you need equity to become rich.”

Contact our Guest: Website: https://www.JustAskBenWhy.com, Email: [email protected], Bigger Pockets: https://www.biggerpockets.com/users/JustAskBenWhy

Connect with Lee: Website: threefoldrei.com, Email: [email protected], Phone: 937-400-3044

Our guest today is a great example of "burning the boats" and going all-in. Zach had a great job in the healthcare industry and was making $200k per year while in his early 20's! What more could a guy ask for? But, Zach was not satisfied because he felt like a slave to his job and wanted to pursue his own dreams instead of working for someone else's. So, he quit his job and pursued real estate full-time with no back-up plan. Because of his hard work and persistence, he was able to close on his first apartment building 10 months later. These 10 months were extremely difficult for Zach and his self-worth and faith in God were tested. Zach had to rely on his faith, consistent action, and finding good partners to overcome all of the challenges and reach his goal. He now controls 420 units spread over five properties worth more than $48 million. 

Zach's prayer requests: That everyone continues to be safe and wedding planning goes well. He's marrying his fiance this October!

Zach's book recommendations: ABC's of Real Estate Investing by Ken McElroy, Miracle Morning Millionaires by Hal Elrod

Contact our Guest: Website: https://www.zhmultifamily.com/, Email: [email protected], Phone: 602-859-5458

Connect with Lee: Website: threefoldrei.com, Email: [email protected], Phone: 937-400-3044

Have you ever asked yourself this question: How can an average person like me get ahead (dare we say create wealth)  without taking on a second job or working more hours?  Today… not in 20+  years! This is the question our guest, Whitney Hutten, asked herself before she got started with real estate investing and it's the questions she now asks her clients. 

Whitney took her retirement account and turned it into 22 cash flowing rental properties. Today she shares the incredible story of how she built a rental property empire  out of a 401(k) account by leveraging the power of a team! You’ll love  how she made $50K on one of her first deals (without paying a dime of  the mortgage herself) and how she used the method known as  “the stack” to keep building!

You do not want to miss this  inspirational story of how an “average Jane” accomplished extraordinary  things through real estate!

Whitney's Prayer Request: Being better aligned as a community and coming together during this time. 

Contact our Guest: Website: https://ashwealth.com/,  Email: [email protected] LinkedIn: https://www.linkedin.com/in/whitneyelkinshutten/

Connect with Lee: Website: threefoldrei.com, Email:    [email protected], Podcast: https://anchor.fm/lee-yoder,  Facebook:  www.facebook.com/threefold.yoder, LinkedIn:   https://www.linkedin.com/in/lee-yoder-25793215a/

Kyle Mitchell and his wife don't have any kids yet, but they began thinking about how much time they were required to spend at their W2 jobs and decided they wanted more time-freedom. Kyle was working 70+ hours per week managing a golf course, and while he enjoyed his work, he didn't enjoy driving an hour every morning and afternoon and having no control of his time. He discovered multifamily real estate investing and took a huge leap of faith. By taking massive action, he quickly built a portfolio of apartment buildings and is now controlling $17,000,000 in assets. 

Kyle credits consistency for his success thus far in multifamily real estate investing. 

Kyle and his wife set clear goals before getting started in real estate investing to ensure they are striving for the same future. Now, they are committed to maintaining great communication to ensure their relationship flourishes.

Contact our Guest: Website: https://www.aptcapitalgroup.com/, Podcast:  https://www.aptcapitalgroup.com/podcast/, LinkedIn:  https://www.linkedin.com/in/kyleamitchell/

Connect with Lee: Website: threefoldrei.com, Email:   [email protected], Podcast: https://anchor.fm/lee-yoder, Facebook:  www.facebook.com/threefold.yoder, LinkedIn:  https://www.linkedin.com/in/lee-yoder-25793215a/

As a marketing executive, John excelled at holding budget and campaign accountability for Fortune 500 companies including General Motors and MillerCoors. But, the Great Recession of 2008 taught John that having a good job and excelling at your job does not mean you can't abruptly lose that job and find yourself in a financial hardship. He watched as many of his colleagues and close friends suddenly found themselves with no job and no income. He was determined to gain more control over the financial future of his family. This lead him to multifamily investing.

John founded Casmon Capital Group after realizing many working professionals needed the benefits of real estate investing, but did not  have the desire to become a landlord. He has helped families invest in over $90M in multifamily apartments to create generational wealth and  impact. He hosts the Target Market Insights podcast and is the co-founder of the Midwest Real Estate Networking Summit.

6 C's of Raising Capital: Confidence, Credibility, Connections, Channel, Communication, Consistency

Contact our Guest: Website: https://www.casmoncapital.com/, Podcast: https://www.casmoncapital.com/podcast, LinkedIn:  https://www.linkedin.com/in/multifamily-apartments-john-casmon/

Connect with Lee: Website: threefoldrei.com, Email:  [email protected], Podcast: https://anchor.fm/lee-yoder, Facebook: www.facebook.com/threefold.yoder, LinkedIn: https://www.linkedin.com/in/lee-yoder-25793215a/