My guest today, Sam Wilson, took over his family's flooring business right out of high school. Many years later, he was growing tired of running a management-intensive, stressful company, so he sold it. He found himself with some time and money, but didn't know what to do next. After trying flipping and building a SF portfolio, he began to understand the power of consistent income and the importance of scalability. For this reason he transitioned to commercial real estate investing and hasn't looked back since.
Sam also talks about his faith and family journey and how he and his wife's life has recently been turned upside down as they began fostering three kids. While this has been his biggest challenge yet, it has also been incredibly rewarding. It's also interesting how it seems God has prepared Sam and his wife for this challenge through some of their previous real estate challenges.
Sam's Key Principle for Succeeding in Real Estate: Being willing to take the next step.
Book Recommendation: Mastering the Market Cycle by Howard Marks
Prayer Request: Pray for the Department of Children Services as Sam believes it is a broken system and doesn't always do what's in the best interest of the kids. Pray for the children that find themselves in this system.
Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: firstname.lastname@example.org, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn
Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
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