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Threefold Real Estate Investing

119 EpisodesProduced by Lee YoderWebsite

If you listen to this podcast, and implement the tools and tips of my guests, you will achieve incredible success in real estate investing, while also freeing up more of your time to pursue your faith, your family, your passions, and your best life!

56:43

Part-time Real Estate Investing for Full-time Professionals with Derek Clifford #35

What would you do if the condo you purchased for $150,000 was suddenly worth $100,000 and you had to move for work? My guest today, Derek Clifford, and his wife found themselves in this unenviable situation. Instead of selling their condo at a loss, they decided to turn it into a rental. This investment property provided very little cash-flow over the following years, but they eventually sold it about 8 years later for a $120,000 profit! They took this money, used a 1031 exchange, and purchased a handful of SF homes in the Midwest that cash-flowed extremely well! 

Derek has since transitioned into MF investing and has truly figured out how to build systems and processes to allow him and his wife to continue building their portfolio while they both work full-time. If you would like to follow in Derek's footsteps, check out his great new book: Amazon.com: Part-time Real Estate Investing for Full-Time Professionals: Upgrade your mindset, portfolio and finances in less than a year while working eBook: Clifford, Derek: Kindle Store and check out he and his wife's great podcast: Elevate Your Equity Podcast - YouTube

Book Recommendation: Part-time Real Estate Investing for the Full-time Professional by Derek Clifford

Prayer Request: Issues with infertility- pray that Derek and Sophie would be blessed with a child!

Connect with Derek: Website: Elevate Equity | Leveling up your equity!, LinkedIn: Derek Clifford, MBE, PMP | LinkedIn, Phone: 925-307-6265

Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Phone: 937-400-3044

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