The Freedom Investing Podcast Episode 6: From Firefighter and ER Nurse to Over 4000 Apartment Units w/ Timothy Lyons

Welcome to The Freedom Investing Podcast!

We share tips from experts on investing in personal finance and mindset so that you can finally have the freedom to work less and live more.

Hosted by Kris Toribio.
The Freedom Investing Podcast was created to help everyone regain control over their time and achieve true financial freedom!

In this episode, I talk with Timothy Lyons.
Tim is a 17-year veteran of the New York City Fire Department (FDNY) and currently serves as a lieutenant in the borough of Queens. Until recently, he also worked part-time as an emergency room RN at a level 1 trauma center.
He brings years of real-world management and leadership experience to his real estate investment career. Tim’s initial goal with real estate was to create passive income and in turn, be able to spend more time with his wife and three little girls.
After partnering on a multifamily property he saw first-hand the power of real estate investing as an opportunity to create passive income and build wealth for his family.
He started Cityside Capital with the goal of not only growing his own portfolio but also helping others realize the power that real estate investing can have in creating passive income and building wealth.

Cityside Capital has partnered in over $600M million of commercial real estate assets including more than 4,000 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 talks about his transition from working two jobs and being a small landlord to scaling into a much larger portfolio to running a full-time real estate business.

Tim shares great information about passive investing and the mindset he had to adopt throughout his investment journey. We discuss important economic insights as well as why real estate is a hedge against inflation.

Join us for our new episode as we explore ways to help you live the life you deserve!

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Listen to The Podcast Here

Key Points From the Episode:

  • Tim’s journey to time freedom
  • What drove him to make the decision to get into real estate?
  • The number one limiting belief for real estate investors
  • People don’t want to talk about money at normal events, so he had to find his tribe
  • How are high level commercial assets valued?
  • When u buy a real estate asset u are essentially buying a business
  • Passive investing
  • Who not how
  • Real estate is a hedge against inflation
  • The value of multifamily
  • What transition did he experience when he shifted to larger multifamily deals?
  • Tim’s mindset shift
  • His lesson on how not to raise money
  • You don’t have to wait until you are 65 to retire
  • Cashflow quadrant
  • How does he know so much about real estate investing?
  • You can syndicate anything
  • The freedom five: 5 questions we ask every guest
    1. What is his why?
    2. What book has had the largest influence in his life?
    3. What is the most impactful thing whether a piece of technology, habit or person that helped free up his time?
    4. What is the number one piece of advice you would give to anyone looking to have more control over his time?
    5. What is the best way for the listeners to get into contact with his?

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