Breaking Through Limiting Beliefs and Acquiring 300mm in Multifamily - with Tim Lyons | AIJ193

Tim is a 16 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 on creating passive income and building wealth.

Cityside Capital has co-sponsored over $300 million of multifamily assets including over 2000 multifamily units.

Tim has also invested as a limited partner in 256 multifamily units in Texas and in a large retail supercenter in Tennessee.

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WE DISCUSS:

• His background as a firefighter and an ER nurse.
• How to overcome limiting beliefs.
• The cost and benefits of a mentoring program.
• What’s next for his company.
• How they structure their relationship in the company.
• His biggest challenge.
• What’s going really well with his business.

KEY QUOTE:
“Get in the room with great people who are smart, who are doing the thing you wanna do and bounce those questions of them. And whether you have to pay for a mentorship or work for free for six months, it is well worth it because an investment in yourself will just pay dividends forever.”

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