From Physical Therapist to 800+ Units: Building a Purpose-Driven Real Estate Business with Lee Yoder

In this episode, we sit down with Lee Yoder, founder of Threefold Real Estate Investing, who went from physical therapist to full-time multifamily investor with over 800 units under management. Lee shares how he followed a calling to build something, overcame fear and resistance, and leaned into faith, family, and real estate to change the trajectory of his life and business.

We dive into his first house flip, his worst and best deals, and his newest massive 415-unit portfolio acquisition. Get ready for some powerful insights, cautionary tales, and inspiring wins.

 

🔑 Key Topics Covered:
How Lee transitioned from physical therapy to full-time real estate

The origin of Threefold REI and the meaning behind the name

Why his first flip almost ended his marriage—but also launched his career

Lessons learned from a tough neighborhood syndication (including a shooting 😬)

The 16-unit deal that changed everything (and got his in-laws a 70% return!)

Why Lee's latest acquisition of 415 units is his boldest move yet

The importance of managing risk, faith, and family through growth

How flipping differs from investing—and what to know before you start

 

💬 Memorable Quotes:
“Flipping is not investing—it’s just another job. But it got us started, and sometimes that’s what matters most.” — Lee Yoder

“You can’t change the area you buy in. No matter how good the numbers look, the location tells the real story.” — Lee Yoder

“That 16-unit deal made me feel like the sky’s the limit. Once you do it, it doesn’t feel so scary anymore.” — Lee Yoder

 

🔗 Connect with Lee Yoder:
🌐 Website: https://www.threefoldrei.com

💼 LinkedIn: https://www.linkedin.com/in/lee-yoder

 

🎙️ Connect with Host Brad Weaver:
💼 LinkedIn: https://www.linkedin.com/in/bradweaver