Wealth Matters By Alpesh Parmar
Business:Investing
339: 3 units to 6000+ units in 3 years with Timothy Lyons
He started 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 passive income and building wealth.
Cityside Capital has partnered in over $1.4 billion of commercial real estate assets including more than 6,000 multifamily units. Tim has also invested as a limited partner in 256 multifamily units in Texas and in a large open air retail center in Tennessee.
Tim attributes his early success in real estate investing to education, investing in coaches and mentors, and surrounding himself with other like minded people.
In April 2021, Tim became an Amazon #1 bestselling author in a book he co-authored with other authorities such as The Real Estate Radio Guys’ Robert Helms, Jim Rohn’s 18 year business partner and master marketer, Kyle Wilson and many more, called ""Bringing Value, Solving Problems and Leaving a Legacy"".
Tim is co-host of The Passive Income Brothers Podcast alongside his brother Greg Lyons. The Passive Income Brothers Podcast highlights the investor journey in creating multiple streams of passive income.
*DISCLAIMER - We are not giving any financial advice. Please DYOR*
(00:00 - 02:26) Opening Segment
- Tim is introduced as the guest Hosts
- Tim shares something interesting about himself
(02:26 - 21:41) 3 units to 6000+ units in 3 years
- Tim shares his first investment
- Tim shares as well how he gets from 3 units to 6000+ units in 3 years
- He also shares about his obstacles in this journey
- Tim also shares how he would do things differently
- What are his goals
- Tim's current market focused on
- His approach to the current real estate market
- Best and worst deals
(21:41 - 26:50) Fire Round
- Tim asked if he would change his investment strategy
- Tim also shares his favorite Finance, real estate book, or any related book
- Also Tim shared about the website and tools that he can recommend
- Tim's advice to beginner investors
He also shared how he gives back
(26:50- 27:32) Closing Segment
-If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link.
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