
Self Storage Investing
Putting Out Fires and Making Fire Investments – Tim Lyons
Jun 19, 2023
Tim Lyons, co-founder of Cityside Capital and New York City firefighter, discusses trust and due diligence in real estate investing. Topics include the overwhelming options available, being actively passive, and the value of transparency and over-communication. They also talk about current opportunities, retirement goals, and the supportive community in the self-storage industry.
41:45
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Quick takeaways
- Investing with experienced operators and considering factors like population growth and job growth are crucial in real estate investing.
- Being actively passive in real estate, connecting with investors, and providing them with safe and affordable housing options can lead to successful investments.
Deep dives
Becoming a Successful Passive Investor
Tim Lyons, a successful passive investor, shares insights on self-storage and multifamily investing. He emphasizes the importance of investing with experienced operators and considering factors such as population growth, job growth, and household income. Tim discusses the value of being actively passive in real estate, connecting with investors, and providing them with safe and affordable housing options. He also highlights the challenges of overcoming imposter syndrome and shares his passion for helping others navigate the world of real estate investing.
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