Threefold Real Estate Investing

Welcome Yannik Cudjoe-Virgil to the podcast! This was such a fun interview for me, and for anyone who has a love for football AND real estate, they'll enjoy it too! Prior to real estate, Yannik played Linebacker in the NFL, for the Tennessee Titans and retired in 2017. Since then, he has successfully transitioned into the world of commercial real estate, and believes that cashflow is the key to financial freedom. Today, Yannik is the principal of Merlynn Acquisitions - a real estate investment and syndication firm. On today's episode, Yannik dives into the importance of partnerships, education, and finding your role--not everyone can be the quarterback. Gotta love those football analogies!! Join us and listen in!

Connect with Yannik:

Website - www.merlynnacquisitions.com

Instagram - https://www.instagram.com/yannik_jo_/

LinkedIn - https://www.linkedin.com/in/yannikcudjoevirgil/

Yannik's Prayer Request: That God would help him use what he has instead of asking him for more.

Connect with Lee:

Website: ⁠THREEFOLD - Real Estate Investing (threefoldrei.com)⁠, Email: [email protected], 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

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: [email protected], 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 Craig Stevens to the podcast! Craig is a Certified Public Accountant with 25+ years of experience as a senior executive in the financial services industry. Craig recently retired from Corporate America to focus on real estate investing and his own extensive real estate portfolio. He has founded several start-ups, including Groundbreaking Real Estate, a real estate investment firm that provides the common investor ways to tap into high return investments that may have been previously out of their reach. Today, Craig explains his journey of getting into real estate, along with how he educates others in the benefits of investing in this asset class. Join us and listen in!

Connect with Craig:

Website - http://groundbreakingre.com/

Facebook - https://www.facebook.com/people/Groundbreaking-Real-Estate/100068963777421/

Twitter - https://twitter.com/GroundbreakingR

LinkedIn - https://www.linkedin.com/in/groundbreakingre/

Craig's Prayer Request: That he can continue to find balance in work and family life amidst such a busy season of starting two companies and leaving his W2.

Connect with Lee:

Website: ⁠THREEFOLD - Real Estate Investing (threefoldrei.com)⁠, Email: [email protected], 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 Todd Silance to the podcast! Todd is a corporate consultant turned business owner and real estate investor. In just under 5 years, Todd has built a real estate portfolio of over $25MM and 160 units along with being a limited partner in 450+ units nationwide. Most recently Todd is Co-Founder and managing partner of the real estate investment company, Summit Capital. Today, Todd explains the similarities between being an Anytime Fitness business owner and an Investor in multifamily, along with which business model has allowed him the greatest ability to keep his priorities straight. Listen in!

Connect with Todd:

Website - summitcap.co
E-mail - [email protected]
Instagram - @tps_investor

Todd's Prayer Request: That he can continue to be intentional with his family and friends.

Connect with Lee:

Website: ⁠THREEFOLD - Real Estate Investing (threefoldrei.com)⁠, Email: [email protected], 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

Jarod Alexander is the founder of Optimal Equity Group, which was formed to help educate investors on how to achieve strong returns by investing in real estate. Jarod’s responsibility is to bring vetted opportunities to investors offered by experienced real estate firms with a proven track record. Jarod is passionate about helping others achieve their financial goals and believes that real estate is one of the best ways to do so. Today, Jarod speaks on some of the major differences in investing in real estate passively and actively, and which he feels is the best route for himself. Listen in!

Connect with Jarod:

Website - https://optimalequitygroup.com/

Connect with Lee:

Website: ⁠THREEFOLD - Real Estate Investing (threefoldrei.com)⁠, Email: [email protected], 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 Tim Lyons to the podcast! Tim Lyons is the co-founder & managing partner of Cityside Capital LLC, a real estate syndication and investment company that focuses on commercial real estate assets that yield strong returns for investors. Tim is also a lieutenant in the New York City Fire Department (FDNY) where he has served for 17+ years. After partnering on a small multifamily property, he saw first-hand the power of real estate investing as an opportunity to create passive income and build wealth for his family. He started Cityside Capital with the goal of not only growing his own portfolio, but also to help others realize the power that real estate investing can have on creating wealth. Today, Tim describes how he explains passively investing in real estate to potential investors. I love how he describes the key method for investing in real estate as the "Conveyor Belt Method," along with his equation "Education x Action = RESULTS". Tim has an obvious gifting for educating others! Don't miss this interview!

Connect with Tim:

Website: www.citysidecap.com

Facebook: https://www.facebook.com/tim.lyons.712

LinkedIn: https://www.linkedin.com/in/tim-lyons-cityside-capital/

Connect with Lee: Website: ⁠THREEFOLD - Real Estate Investing (threefoldrei.com)⁠, Email: [email protected], 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 Valerie Shirah to the podcast! Valerie is a wife, mother of three, and entrepreneur. She's also the co-founder of the Streamline team and host of the Wealth by Choice Podcast. When her husband was diagnosed with Parkinson's disease at the age of 35, she realized that they would not be able to depend solely on his W2 income. At that time, she was a stay-at-home mom, homeschooling three kids and had no prior experience in real estate or building businesses. Since then, she has overcome her limiting mindset and has been able see how many things in her life are changing for the better. On her REI journey, she discovered the power of virtual assistants and is now passionate about helping other investors manage their time and scale their businesses through the use of virtual assistants. Valerie's story is encouraging and inspiring, and is a great example of how persevering through the hard times can sometimes reveal something bigger than we could have ever imagined. Listen in!

Connect with Valerie:

https://linktr.ee/valerieshirah

Valerie's Prayer Request: Prayers that her husband's Parkinson's Disease would slow in progression and for her family's recent move to NC.

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

I'm so excited to welcome my friend, Slocomb Reed, to the podcast! After pursing a career in youth ministry, Slocomb transitioned into the real estate investing world back in 2015. He and his family (wife and two young daughters) now have a rental portfolio, two real estate operating businesses, and real estate sales income to support their lifestyle in Cincinnati, OH. Slocomb is a wealth of knowledge for anyone considering becoming an active real estate investor or someone who desires to manage and operate their own properties. He is so generous to give detailed and practical tips and tricks for my listeners, helping them to navigate the world of owning and managing your multifamily portfolio. I love how he emphasizes the importance of "momentum" and "trust" within the business, and how to ensure that these remain a priority no matter the situation. This one is a note-taking episode! Don't miss it!

Connect with Slocomb:

LinkedIn: https://www.linkedin.com/in/slocomb-reed-b7145b1a/

Facebook: https://www.facebook.com/slocomb.reed⁠

Slocomb's Prayer Request: Prayers that he will have God's wisdom to know what business relationships are worth pursuing.

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: [email protected], 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 Jered Sturm to the podcast! Jered is a Multifamily owner/operator and syndicator focused on the Cincinnati, Ohio Market. With humble beginnings in the industry as an apartment maintenance technician, Jered has spent the last 15 years using his background in construction and property management to build his vertically integrated investment firm, SNS Capital Group. Known for their ability to add value and operate efficiently for long-term cash flow, Jered and his team have over $100M in assets under management. Today, Jered speaks on the importance of hiring the right people to get your company's operations right. He shares some practical systems his team uses when hiring to ensure clarity and vision is accurately communicated and agreed upon. Jered is a wealth of knowledge in the multifamily world! Don't miss this one!

Connect with Jered:

Website: snscapitalgroup.com

LinkedIn: https://www.linkedin.com/in/jered-sturm-066198121/

Jered's Prayer Request: Prayers over this busy time for him in his business-- that he can handle all that is in front of him, while still maintaining and balancing his "buckets."

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

Please welcome my friend, Mitch Renda, to the podcast! Mitch is the co-founder of Ten27 Group, which is a Midwest based Real Estate Private Equity group. Ten 27 focuses heavily on moderate to heavy value-add projects (both cosmetic and operational) across the target markets of Cincinnati, Columbus and Dayton. Mitch and I have a great conversation about what he has learned from a poor experience with his first property management company, and how his team was able to pivot and get the property back in shape. Mitch also reveals what it is like to partner with his brother and the ways that he keeps his faith and family first. I love how he mentioned prioritizing "mini-sabbaths" with his wife. Mitch and his team are a great representation of the perseverance and patience it takes when creating a career within real estate investing. Don't miss this episode!

*Listen in until the end of the episode when we talk about our local CRE meetup in Cincinnati, OH! Don't miss our next scheduled meeting on June 14! Reach out to [email protected] for more details!*

Connect with Mitch:

Website: https://ten27group.com/
Linkedin: https://www.linkedin.com/in/mitchrenda/

Mitch's Prayer Request: To continue to remember and works towards their vision of making Kingdom impact!

Thank you to our sponsor for this episode:

Prominent Title: https://www.prominenttitleagency.com/

Contact Rob at: [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,

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