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The Academy Presents podcast


Nov 22, 2021

This episode is Part 4 of my conversation with Tim Lyons. Tim is a Principal and Managing Partner at Cityside Capital. With millions of dollars in their portfolio and countless investors advised, Cityside makes the best real estate investments. The company does not only help people invest smartly — they also help first-time investors understand the language of investing, so they can invest with confidence. Tim is also a firefighter in New York and formerly an ER nurse.

 

Hop right in on this episode and figure out how you can kick-start your real estate investing journey in the right direction. Tim talks about how he started his own real estate business and shares his thoughts on good debt vs. bad debt. Tim and I also talk about how investing in real estate can help you make an impact on other people’s lives. Listen in!



[00:01 - 11:57] Making People’s Lives Better through Real Estate Investing

  • Tim and I talk about my real estate investing Facebook community
  • Changing people’s lives through real estate
  • Making an impact by the little things
  • Real estate is a people business

 

[11:58 - 21:25] Creating Your Own Options with Real Estate

  • How investing in real estate helps you create your own options
  • You can’t save your way to wealth
  • Tim and I on Dave Ramsey’s model
  • Good debt vs. bad debt




Tweetable Quotes:

 

“The cool thing about multifamily, too, [is that] it's not just about making money, it's about improving the lives of your residents, improving the lives of your community members.” - Angel Williams

 

“Knowing that it's a people business and not a numbers business will change your perspective. … They get into it for the numbers, but once you start getting into this space, you realize that it's so much more than just a numbers thing.” - Angel Williams

 

“Are we trying to maximize this for the property to do well? Absolutely. But again, you're giving somebody a clean, safe, affordable place to live that they can be proud of, that they're gonna take ownership in. And it's just, to me, it's a win-win-win.” - Tim Lyons

 

Connect with Tim on LinkedIn!

 

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Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.