Description

Join Ramsey Blankenship with his guest, Yeadon Smith, as they talk about why going slow and steady is the way to go. Yeadon is the CEO of Live Oak Capital and the co-founder of My First Million in Multifamily Facebook group. He shares his progression in business and real estate.

Here’s a breakdown of what to expect in this episode:

1. How to get out of the middle class
2. The time value of money
3. Relationships make the difference
4. Risk versus reward
5. When to jump into syndications
6.  And so much more!

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About Yeadon Smith:

Yeadon was born in Texas, but his family moved home to Summerville, SC when he was eight. He was homeschooled from third grade through high school, then moved west to El Paso, TX, to work at an orphanage in Mexico for a year doing ministry work. When he moved home to Summerville 11 years later, it was with his wife and two children to consider a call to full-time pastoral ministry.

He discerned that he was not called to the pastorate and launched a career in real estate. At the same time he started his real estate career, the family of four grew to a family of six! Yeadon was one of the top-producing real estate agents in his market while he was active in the residential transaction side of real estate. But the transactional nature of the business was burning him out. Yeadon partnered with his cousin, Jennings, to build a property management company in 2018. From there, he quickly saw the potential of apartment investing and multifamily syndication.

In 2019 he found his first apartment deal and syndicated it with his partner, Jennings. After the first deal, the possibilities exploded. He focused on operations and efficiency and grew assets under management from $1mil to $30mil over the next 18 months.

In 2016, Yeadon decided he would train for a half-marathon, with no previous history as a runner. After his first race, in the haze of endorphins, he signed up for a full marathon and has been running ever since.

Yeadon’s passion is building cash flow in abundance to be able to have freedom and build a legacy for the future.

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You can find Yeadon Smith on . . .

Website: https://my-first-million-in-multifamily.mykajabi.com/

Linkedin: https://www.linkedin.com/in/yeadonsmith/

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Connect with Ramsey!

Info Page: https://www.flowcode.com/page/ramseyblankenship

Website: https://realfocus.org/gorilla-state-investing-podcast/

Investor Registration: https://realfocus.org/investors/