In this episode, our guest, Tim Lyons, talks about getting into multifamily while working two full-time jobs! He’s an NYC firefighter and nurse who became a real estate syndicator. Did we mention he’s also a father of three? How in the world does that happen? Stay tuned!

The points below are from the 62nd episode of The Real Estate JAM, where we discussed how nothing could stop you when you want to make things happen, such as juggling three careers while being a father of three kids.

Tune in to the full episode on YouTube, Spotify, or Apple Podcasts.

Just Keep Learning

Educating yourself more about real estate can provide a significant benefit. The real estate market is constantly changing, and staying informed and up-to-date can help you make better decisions when buying or selling property. Understanding the market, the legal and financial aspects of real estate transactions, and buying and selling property can help you avoid costly mistakes.

Right People, Right Crowd

Surrounding yourself with an incredible team is critical to success in real estate, as it can help you navigate the complex and ever-changing real estate market. Building a solid network can be done through various means, such as networking, joining industry organizations, and building relationships with other professionals in the field.

Want to learn more? You can listen to the full episode on YouTube, Spotify, or Apple Podcasts.

Outline of the Episode:

• [00:03] Welcome to the show!
• [05:40] Jumping into multifamily right at the beginning of getting into real estate requires bravery. Any tips to share on how that deal happened?
• [12:57] Is it wise to get someone to coach you if you already studied for everything on your own by listening to podcasts and reading books? Is it a necessity or an unnecessary cost?
• [16:24] How is getting a coach for real estate different from athletes paying for a coach or paying teachers to teach you at university?
• [20:11] How do you raise funds when new to the real estate business?
• [25:13] Is it essential to have a broker-dealer backing you up when trying to raise money?

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