The Stephen Lee-Thomas Show: Expert Advice for Real Estate Entrepreneurs

How to Escape the Stock Market with Passive Apartment Investing: Lon Welsh Manages $100M+ in Real Estate: A Smarter Way to Retire!

Stephen Lee-Thomas Episode 25

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In Episode 25 of the Stephen Lee-Thomas Show, we talk multifamily real estate with Lon Welsh, who has scaled over $100 million in assets under management. Lon shares his journey from strategy consultant at Deloitte and Accenture to founding Your Castle Real Estate and eventually transitioning into full-time passive real estate investing with Ironton Capital.

Discover why Lon moved from single-family homes and active investing into passive syndications and how he helps busy professionals like physicians, engineers, and attorneys escape burnout while still building long-term wealth.

Lon dives deep into the power of passive investing, why he moved into fund-based models, and how he’s helping investors reduce taxes and increase returns through strategic real estate vehicles.

This episode is packed with powerful insights for those who are ready to move beyond stock market volatility and start earning reliable, tax-efficient returns without managing toilets or tenants.

What You’ll Learn:

  • Why traditional retirement math doesn’t work for most professionals
  • The three types of passive income real estate funds and who they’re best for
  • How depreciation, IRAs, and Roth conversions can slash your tax bill

Episode Highlights:

  • [00:00:00] – Welcome & Introduction to Lon Welsh
  • [00:03:18] – What’s happening in the Denver real estate market
  • [00:06:42] – Retirement math that changed Lon’s financial plan
  • [00:10:05] – Buying his first multifamily deal with saved capital
  • [00:15:00] – Starting Your Castle Real Estate & growing to 750+ agents
  • [00:21:00] – Transitioning to passive investing: who it’s for and why
  • [00:25:55] – Three fund structures: short-term, medium-term, and long-term
  • [00:33:40] – What assets back each fund (real examples)
  • [00:38:22] – Tax strategies, Roth IRA conversions, and bonus depreciation
  • [00:42:00] – Who Lon helps and how to get started

Ways to Connect with Lon Welsh:

Visit www.skool.com/multfamilymasteryhub and fast-track your way to becoming a full-time real estate entrepreneur today!

Connect with Us:

  • Skool Community: https://www.skool.com/multifamilymasteryhub/about
  • Website: https://www.stephenleethomas.com/
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  • LinkedIn: https://www.linkedin.com/in/stephenleethomas/
  • YouTube: https://www.youtube.com/@StephenLee-ThomasCapital

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