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#1 Freedom and Flexibility with Real Estate with Lee Yoder
Manage episode 394590082 series 3548702
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In this podcast episode, Lee Yoder and I discuss how he used real estate to create freedom and flexibility so Lee can prioritize his faith and family. Lee explains the fears he created in his mind vs what actually happened when he was taking major steps in his business. We discuss how to size risk relative to your experience and financial capacity. Lee also explained what real estate syndications are and why he started running these, and the benefits of economies of scale with real estate. Lee and I discussed financial management strategizes including balancing savings, liquidity, investments, and equity. We discussed Lee’s approach to management and how much he has learned from 3rd party management that prepared him to bring property management in house. Finally, we discuss different factors in Lee’s success including grit, consistency, networking, and education.
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