Welcome back entrepreneurs, today we have Lee Yoder, Founder of Threefold Real Estate Investments. Lee is a man of faith, family man and full-time multifamily syndicator with 188 units. He has already gone full-cycle on his first multifamily investment and has a great deal of business and life wisdom to share!
Taking Fewer, Larger Steps
Lee did one flip – for him, that was enough! His wife, who was initially more skeptical of real estate investing pointed out that flipping didn’t provide the passive income that Lee had set as their goal. Instead of jumping into the net flip, their conversation led to a rethink that led to multifamily investing and then to syndication. By slowing down a little, it was possible to take larger steps and make it to where he currently is faster.
Advice for Getting Your Spouse on Board with your Investing
Start small, honor your spouse.
Threefold Real Estate Investments
In case you were wondering, the name is packed with meaning. It comes from Ecclesiastes 4:12 “though one may be overpowered, two can defend themselves. A cord of three strands is not quickly broken.”
Books that Helped to Forge Lee Yoder a Leader and an Entrepreneur
Rich Dad, Poor Dad by Robert Kiyosaki
The Perfect Investment by Paul Moore
The Compound Effect by Darren Hardy
Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks
Lee’s Heartwarming Story From his Entrepreneurial Journey
The best part of his first investment was being able to bring his in-laws along for the ride.
