Lifetime Cash Flow Through Real Estate Investing
986 episodes - English - Latest episode: 17 days ago - ★★★★★ - 1.4K ratingsThe Lifetime Cash Flow Through Real Estate Investing Podcast grants you access to expert real estate investors, syndicators, lenders, property managers and advisors. These experts share their stories, tips and advice on how they successfully built their businesses, and their fortunes, through multi-family real estate investing.
Host Rod Khleif is a seasoned and passionate real estate investor who has personally owned and managed over 2000 apartments and homes. Rod has combined his passion for real estate investing with his personal philosophies of self-actualization, goal setting, envisioning, and manifesting success to become one of America’s top real estate investment professionals.
If you’re looking for financial freedom through multi-family real estate investing and want to learn strategies from some of the best real estate investors in the country… then this is the podcast for you.
We are only interested in adding value to our listeners and helping them find financial success.
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Episodes
Ep #137 - Paul Morris, Best Selling Author – “Wealth Can’t Wait” Shares 3 Rules To Invest In Real Estate
June 26, 2017 05:00 - 55 minutes - 101 MBHere’s some of what you will learn: Flipping property is a great way to make money to invest in income producing assets. When you should leave a comfortable job. Paul’s 3 Rules when investing in Real estate. Buy where you know, asset must cash flow, and add value. When you should invest in a gentrifying neighborhood. How to associate pleasure with investing. Why you should add “with ease” at the end of your goals. Why you should model other successful people. The one phras...
Ep #136 - Using Words to Radically Change Your Life - Own Your Power Success Tip
June 26, 2017 04:30 - 7 minutes - 5.7 MBHere’s some of what you will learn: “Words have a magical power. They can bring either the greatest happiness or deepest despair; they can transfer knowledge from teacher to student; words enable the orator to sway his audience and dictate its decisions. Words are capable of arousing the strongest emotions and prompting all men's actions.” - Sigmund Freud “Words have the power to both destroy and heal. When words are both true and kind, they can change our world.” – Buddha Be carefu...
Ep #135 - Corey Peterson and Jack Bosch - Partnering Up!
June 19, 2017 05:00 - 29 minutes - 54.6 MBHere’s some of what you will learn: How to increase the NOI on a property. Reasons why you should look into the expense ratio on a property. Multifamily lives and dies by how well the property is managed. Anytime you see an expense ratio over 50%, that is an opportunity. Pay attention to the economic vacancy and economic occupancy based on the trailing 12 profit and loss statements. Focus on cash flow, not value. What to look for when the market contracts. Why it’s smart ...
Ep #134 - Building Determination - Own Your Power Success Tip
June 19, 2017 04:30 - 7 minutes - 5.68 MBHere’s some of what you will learn: Nothing is impossible with passion, discipline, and determination. The difference between what’s possible and what’s impossible is found in determination. “Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipoten...
Ep #132 - Tap Into Your Unlimited Potential - Own Your Power Success Tip
June 12, 2017 04:30 - 7 minutes - 5.68 MBHere’s some of what you will learn: “Every human life contains potential. If that potential is not fulfilled, then that life is wasted.” – Confucius “If we all did the things we are capable of, we would literally astound ourselves.” – Thomas Edison What would you attempt to do if you knew you could not fail? Our diligent ongoing efforts unchain our potential, not our strength or our IQ – it’s our diligence. Our pasts don’t define us, every struggle is a stepping stone on our path t...
Ep #131 - Kevin Bupp on Mobile Home Park Investing
June 05, 2017 05:00 - 45 minutes - 83.2 MBInvolved in over 1000 lots in mobile home parks. Mobile Home Parks vs. Apartments. There will always be deals. Mobile home parks rent is similar to D class properties. Mobile Home Parks have the lowest default rate of any commercial asset type. Average lot rent for mobile home parks. Why mobile home parks have a bad reputation. Managing mobile home parks. Should mobile home parks own the homes? Mobile home parks are the only real estate asset that has a diminishing suppl...
Ep #130 - Be a Class Act - Own Your Power Success Tip
June 05, 2017 04:30 - 6 minutes - 4.9 MBHere’s some of what you will learn: Take 100% responsibility for your life, even when you fail. Always take the high road, even when facing adversity. Be confident, not cocky. Know yourself and have self-discipline. You are the combination of the 5 people you hang around the most. Know your strengths and weaknesses, don’t be afraid of your weaknesses. Command respect, not attention. Smile more often, be a great friend, stay positive, live in the present moment, be kind to you...
Ep #129 - Dean Graziosi - author - Millionaire Success Habits
May 29, 2017 05:00 - 55 minutes - 101 MBIf you want to become good at something, teach it. Throw away what doesn’t serve you, and grab the one or two things that you can immediately implement in your life. Knowledge + Action helps you succeed. All Successful people have the same success habits. A tiny shift in your habits can cause a massive change in your life. How to protect your confidence. Hacks involving your cell phone to help you have an incredible day. Why the start of your day sets the stage for the rest of...
Ep #128 - Taking Action! Own Your Power Success Tip
May 29, 2017 04:30 - 7 minutes - 6.06 MBHere’s some of what you will learn: “It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.” - Leonardo da Vinci “The path to success is to take massive determined actions.” – Tony Robbins The gap between our dreams and our reality is action. Reasons that people don’t take action are excuses which are primarily based in fear. Fear diminishes once you take action. How do you eat a wh...
Ep #127 - With 1,490 units to date, Andrew Cushman left his full time job in 2010 to focus on multifamily investing
May 22, 2017 05:00 - 43 minutes - 80.2 MBHere's some of what you will learn. From flipping to multifamily How to get a broker to send you good deals 3rd party property management How to manage a property when you live across the country How to properly estimate renovation How to deal with vandalism on your property LOI (Letter of Intent) How to work with a spouse that is a business partner How to hire a VA (Virtual Assistant) Relationships you should build to maximize this business Why you should join a maste...
Ep #126 - Using Your Emotions To Change Your Life - Own Your Power Success Tip
May 22, 2017 04:30 - 9 minutes - 7.21 MBHere’s some of what you will learn: Most people do not analyze or channel their emotions to effectuate change in their lives. There are several emotions that can be used to push yourself to make positive changes. One of the most effective emotions to use for change? Disgust. Feeling ENOUGH IS ENOUGH can be a life changing event. Decision means to “cut off.” The worst thing is to sit in a world of indecision for any length of time. “It’s in your moments of decision that your des...
Ep #125 - Brian Murray was not an investment pro when he bought his first commercial property. He was a teacher looking to build some side income. Today he has 300+ units and a commercial portfolio
May 15, 2017 05:00 - 41 minutes - 33.3 MBHere’s some of what you will learn: What is defeasance? What is a retrade? How to check rent rolls. When to renegotiate a deal. What is R.U.B.S.? How to increase NOI. How to estimate expenses on a property. Some clues to know when a property is worth investing in. Why you should renovate units as they become available. When to hire full time employees. Warning about auctions. Book recommendation: "Crushing it in Apartments and Commercial Real Estate: How a Small Inve...
Ep #124 - Eliminating Limiting Beliefs - Own Your Power Success Tip
May 15, 2017 04:30 - 8 minutes - 8.15 MBHere’s some of what you will learn: Limiting beliefs diminish or quash our dreams. 99% of limiting beliefs aren’t true, but we have connected emotion or pain to them so they feel true. Replace limiting beliefs with empowering ones. Limiting beliefs diminish productivity, lower our hopes and dreams, and drain our energy. Most people are held in by walls they have built themselves. Your worst enemy may be living between your ears. There are no limits except the limits we place on...
Ep #123 - Sterling White and Jacob Blackett recently purchased 46 units after wholesaling single family homes.
May 08, 2017 05:00 - 37 minutes - 86.9 MBFrom a large flipping seminar to a successful multifamily business. What is wholesaling? Rod’s Multifamily/Wholesaling course. Why you should bring deals to experienced investors. What to find first when wholesaling. How and why you should find a mentor. From single family to multifamily. Why Google is your best friend. Motivated sellers Why driving for dollars is important. What is a T12? (TTM) (Trailing 12) Why is a T12 the most important thing to look at? What is ...
Ep #122 - Effective Communication - Own Your Power Success Tip
May 08, 2017 04:30 - 8 minutes - 6.63 MBHere’s some of what you will learn: Your ability to connect and communicate is the key to your success in life and business. How you communicate reveals everything about you. When you communicate properly you build understanding, relationships, and trust. “The single biggest problem in communication is the illusion that it has taken place.” - George Bernard Shaw Only 7% of communication is words. People don’t just hear you, they feel you. “If you just communicate, you can get b...
Ep #121 - Andrew and Mark Campbell have purchased 72 multifamily units in Texas valued at $6mm in 4 years while working full time. They are in the process of selling their single family portfolio to concentrate exclusively on multifamily.
May 01, 2017 05:00 - 29 minutes - 23.6 MBHere’s some of what you will learn: Commercial financing. Exploring syndication. Experimenting with self managing. How long of a balloon you should agree to right now. Why and when you should start your own management company. What is "the sweet spot" number of units in multifamily right now? The value of having mentors. How to take action. How developing relationships can make all the difference. Having confidence to stretch your comfort zone every day. Build your co...
Ep #120 - Sincere Appreciation - Own Your Power Success Tip
May 01, 2017 04:30 - 7 minutes - 5.91 MBHere’s some of what you will learn: The greatest emotional need is to be appreciated. Always start communication with praise and appreciation. Everyone remembers those who lift them up. “I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” – Maya Angelou “There is more hunger for love and appreciation in this world than for bread.” - Mother Teresa Appreciation can save a person’s life. Never ...
Ep #119 - Eric Bowlin owns 26 units making his family about $130K in income per year
April 24, 2017 05:00 - 34 minutes - 63.8 MBHere’s some of what you will learn: Why a "Plex" is a good start into multifamily real estate. Why you should get into wholesaling and flipping. Why you should drive for dollars. Why you should find motivated sellers. How to find motivated sellers. How to find out what your local landlord-tenant laws are. The process of evicting a tenant. Why you should invest in a tenant friendly state. Find out what your state requires as far as tenant security deposits. How to mini...
Ep #118 - Living In The Truth - Own Your Power Success Tip
April 24, 2017 04:30 - 7 minutes - 5.91 MBHere’s some of what you will learn: Truth is the quality or fact of being honest, upright, and fair. Truth is tied to integrity. Integrity is doing the right thing no matter what the consequence. "Honesty is the first chapter in the book of wisdom." - Thomas Jefferson “Wisdom is found only in the truth.” – Vincent van Gogh Book recommendation” “The Four Agreements” by Don Miguel Ruiz Be impeccable with your word. You can’t change the truth, but the truth can change you. It’s...
Ep #117 - Helping investors finance their properties. James Eng finances over $75,000,000 in multifamily properties annually and is an investor in 2,500 units.
April 17, 2017 05:00 - 27 minutes - 50.1 MBHere’s some of what you will learn: Financed over $75 million in multifamily properties. Investor that is involved in 2,500+ units. How James can help you finance your deals. Differences between Freddie Mac and Fannie Mae. When to go with Fannie Mae. When to go with Freddie Mac. The types of properties that Freddie and Fannie will and will not do. When it's difficult or impossible to get Fannie Mae or Freddie Mac financing. Types of questions to ask a broker to develop a re...
Ep #116 - Learning to Listen - Own Your Power Success Tip
April 17, 2017 04:30 - 9 minutes - 7.34 MBHere’s some of what you will learn: Most people hear, but most people do not listen. "When people talk, listen completely. Most people never listen." - Ernest Hemingway We have but two ears and one mouth so that we may listen twice as much as we speak. – Thomas Edison Our biggest communication problem is we don’t listen to understand, we listen to reply. Most people don’t listen, they just wait for their turn to speak. As questions and let the other person talk and then actively l...
Ep #115 - Building a 150 unit multifamily portfolio in 2 years with full time jobs, Matt Wood and Mike O'Connor
April 10, 2017 05:00 - 39 minutes - 71.5 MBHere’s some of what you will learn: How to succeed in multifamily real estate while working a full time job. Purchasing a 100-unit building for $2.8 million with no money out of pocket. Why you should develop a team. How to find a team. What types of people you should include in your team. How to find good deals on FMLS. Why you should build relationships. What Class of property is easy to manage? Why you should not make a big mistake on your first deal. What does econ...
Ep #114 - Health and Vitality - Own Your Power Success Tip
April 10, 2017 04:30 - 5 minutes - 4.52 MBHere’s some of what you will learn: The greatest wealth you can have is good health. Your health and vitality are the foundation for everything you will ever do or be! Without being healthy and vital, you won’t have the energy to do what you want to do. Energy comes from being healthy. "Energy and persistence conquer all things." - Benjamin Franklin "To keep the body in good health is a duty... otherwise we shall not be able to keep our mind strong and clear." – Buddha Nothing ...
Ep #113 - Jered Sturm - Currently owns and operates a $3.7 million portfolio including a 42 unit multifamily property
April 03, 2017 05:00 - 38 minutes - 30.6 MBWhat is the Power of compounding? Consistency & Follow Up. How to build your Rick muscle. How to be consistent. How to build credibility When to use a sponsor What to bill back to tenants What is R.U.B.S.? How to Build/keep relationships How to buy your first property Connect with me on Facebook at: Rod Khleif Text ROD to 41411 or visit RodKhleif.com for a FREE copy of my book, “How to Create Lifetime Cash Flow Through Multifamily Properties.” Our Guest You can lear...
Ep #112 - Moving Past Failure - Own Your Power Success Tip
April 03, 2017 04:30 - 9 minutes - 7.55 MBHere’s some of what you will learn: Don’t ever let success go to your head and don’t ever let failure go to your heart. Every successful person has failed, usually many times. Failure and success are not opposites, failure is a part of success because we learn from our failures. “I have not failed. I've just found 10,000 ways that won't work.” – Thomas Edison "A person who never made a mistake never tried anything new." - Albert Einstein Failure doesn’t mean you’re done, it mea...
Ep #111 - The 5 Elements of Raising Money for Your Real Estate Deals. Victor Menasce is a successful multifamily real estate investor and author of Magnetic Capital, How to Raise All the Money You Need for ANY Worthy Venture.
March 27, 2017 05:00 - 28 minutes - 64.5 MBHere’s some of what you will learn: The 5 Elements of Raising Money for Your Real Estate Deals #1 Relationships #2 Trust #3 Results / Track Record #4 Have a Compelling Opportunity #5 Alignment How can I raise money if I don’t have a track record? How can I get a track record if I can’t raise any money? How to Qualify an Investor Don’t try and create a forced fit What is the difference between an equity investor and a debt investor? What is a capital stack? What is ...
Ep #110 - The Keys To Happiness - Own Your Power Success Tip
March 27, 2017 04:30 - 8 minutes - 6.98 MBHere’s some of what you will learn: The #1 Way To Be Happy Is To Help Others. Happiness has to come from achieving progress. Instead of achieving to be happy, happily achieve. Happiness comes from celebrating what you already have. The purpose of life is to be happy! "If you want to be happy, be." - Leo Tolstoy Happiness comes from gratitude and from giving happiness. If you truly want to be happy, help other people be happy. "Happiness is like a kiss. You must share it to ...
Ep #109 - Paul Moore, Founder and Managing Director at Wellings Capital which focuses on Class B apartments in growing markets.
March 20, 2017 05:00 - 31 minutes - 25.1 MBHere’s some of what you will learn: The importance of market selection. A look into the "shale boom." Building a multifamily facility in North Dakota. Collecting $3900 a month for a 300 sq. ft. unit “A man hears what he wants to hear and disregards the rest.” - Simon & Garfunkel What would George Muller do? “Giving you way out of debt.” The science of achievement and the art of fulfillment, what’s the difference? How do most people become fulfilled? Be sure to incorporat...
Ep #108 - Moving Through Adversity - Own Your Power Success Tip
March 20, 2017 04:30 - 7 minutes - 5.9 MBHere’s some of what you will learn: Everybody experience problems and setbacks in their lives. "Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength." — Mahatma Gandhi When you go through hardships and decide not to surrender, that is strength. When everything seems to be going against you, remember that the airplane takes off against the wind, not with it." - Henry Ford Realizing adv...
Ep #107 - Chris Wetherall discusses the real value of the details in Accounting including the amazing benefits of cost segregation.
March 15, 2017 15:10 - 30 minutes - 24.8 MBHere’s some of what you will learn: Chris evaluates properties to see how to maximize the tax benefits for buyers and sellers by breaking out the different components in a property based on their economic life. Why multifamily real estate is the only asset that the government guarantees you will get your money back - 100% - through deductions in 27.5 ½ years. What is cost segregation? When is the highest and lowest level of risk in the multifamily investing lifecycle? When you shoul...
Ep #106 - Dylan Borland and David Toupin – began real estate investing at a very young age by fixing and flipping and have decided to use multifamily investing and ownership to “get out of the rat race before it even started!”
March 13, 2017 05:00 - 43 minutes - 34.9 MBHere’s some of what you will learn: Fixing and Flipping 100+ properties in a year Structuring syndications Why you should avoid 5 year balloon mortgages right now The best strategy to use to raise rents Every business in the world is 2 things What to be careful about when working with mortgage brokers Combatting analysis paralysis Book recommendation: Never Split the Difference: Negotiating As If Your Life Depended On It by Chris Voss Book recommendation: Trump Strategies f...
Ep #105 - Discovering And Living In Your Core Genius - Own Your Power Success Tip
March 13, 2017 04:30 - 8 minutes - 7.05 MBHere’s some of what you will learn: Everybody has something to offer that they’re much better at than other people. Everybody has a core genius. “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” - Albert Einstein Every child is born with a specific genius. “The meaning of life is to find your gift. The purpose of life is to give it away.” – Pablo Picasso Successful people focus on and maxim...
Ep #104 - AJ is living for free and is on the edge of “job replacement income.” Saving $10,000 for a down payment A.J. purchased a triplex with a FHA loan in Chicago. Refinancing out of the FHA and using a home equity line A.J. found an off marke
March 08, 2017 14:20 - 25 minutes - 20.1 MBAnthony A.J. D’Asaro – AJ is living for free and is on the edge of “job replacement income.” Saving $10,000 for a down payment A.J. purchased a triplex with a FHA loan in Chicago. Refinancing out of the FHA and using a home equity line A.J. found an off market deal and purchased a 2nd building, a fourplex. Here’s some of what you will learn: What is functional obsolescence? See as many deals as you can. Finding an underpriced property in Chicago. What is PITI? Renting by the bed...
Ep #103 - The Power of Networking - Own Your Power Success Tip
March 08, 2017 00:31 - 7 minutes - 5.84 MBHere’s some of what you will learn: Networking is probably the most cost effective way to build your business. Networking is an absolute necessity to be successful in business. Networking – To interact with other people to exchange information and develop contacts, especially to further ones career. “The richest people in the world look for and build networks while everyone else looks for work.” – Robert Kiyosaki Networking is a critical component to building wealth and success. ...
Ep #102 - Erik Stark made the natural progression from wholesaler, flipper, to multifamily owner. Having bought and sold over 400+ properties and raising millions of dollars in private money to do so.
February 27, 2017 06:00 - 37 minutes - 30.3 MBHere’s some of what you will learn: The pros and cons of getting your real estate license. Finding below market deals. The pros and cons of wholesaling. Looking through a lifestyle filter. Turning buyers into lenders. What is the speed of trust? Why to shoot with a rifle rather than a shotgun. What strategic parameters to use when searching for property owners. How to show a seller ROI. Building a lifestyle on cash flow. Controlling a property vs. owning a property usin...
Ep #101 - The Power of Positive Energy -Own Your Power Success Tip
February 27, 2017 05:30 - 6 minutes - 5.54 MBHere’s some of what you will learn: Energy is contagious. Success and wealth comes from the combination of energy and ideas. Positive energy comes from passion. "Without passion you don't have energy, without energy you have nothing." - Donald Trump When you have positive energy and passion what you do is effortless and you have the ability to inspire and influence others. You are personally responsible for the energy that you bring to every interaction. People like to be ar...
Ep #100 - Ted Mortarotti as a broker, investor and syndicator, Ted has been involved with over 2,000 multifamily units in his career.
February 20, 2017 06:00 - 32 minutes - 26.1 MBTed Mortarotti as a broker, investor and syndicator, Ted has been involved with over 2,000 multifamily units in his career. Here’s some of what you will learn: If you’re willing to do what others are not, you’ll make money. How Ted made the leap into multifamily real estate investing in the 1980s. A great place to start in multifamily. Why it’s important to do the things you may not like to do. Why it’s not smart to go it alone. How to choose partners. Finding a mentor. ...
Ep #99 - The Power of Delegation - Own Your Power Success Tip
February 20, 2017 05:30 - 5 minutes - 4.19 MBHere’s some of what you will learn: If you want your business to grow exponentially become an expert delegator. To be a success as an entrepreneur you have to become a master delegator. You can do anything you want to, but you can’t do everything you want to. The only way to grow is to delegate. “Delegation requires the willingness to pay for short term delays or failures in order to gain long term competency.” – Dave Ramsey To be a success in business and in life, focus on your...
Ep #98 - Tom Hopkins Returns - Tom is recognized as the world’s leading authority on selling techniques and salesmanship. Don't miss this episode which is PACKED with valuable content to help you improve your sales skills!
February 16, 2017 00:41 - 33 minutes - 27 MBHere’s some of what you will learn: The first and most important thing to learn to improve your sales skills. How to use The Chamber of Commerce as a resource. Selling is not what most people think it is. The 2 extremes in personalities and temperaments. The traits of the best sales people. The greatest investment a person can make. The importance of Practice. Practice, practice, practice, (lessons learned from watching Tiger Woods practice golf.) Repetition is the mother o...
Ep #97 - All About Due Diligence – An In-depth discussion on where to start, what to do, what to look at, and what to get from the seller - with Anthony Triglia, President and CEO of Blue Crush Equity.
February 13, 2017 06:00 - 36 minutes - 28.9 MBAnthony is responsible for overall operational, financial and strategic initiatives regarding the entire Southeastern US multi-family portfolio consisting of 1,000+ units located in 4 states. Here’s some of what you will learn: What to look for income and expense statements. What to find out when you’re interviewing investors and why. What the lender looks for in an onsite inspection. Why it’s important to walk every unit. The list of items you need to get from the seller. Under...
Ep #96 - Becoming An Incredible Leader - Own Your Power Success Tip
February 13, 2017 05:30 - 7 minutes - 5.67 MBHere’s some of what you will learn: "If your actions inspire others to dream more, learn more, do more and become more, you are a leader." – John Quincy Adams Real estate is a team sport. To be a success you must become a leader. Leaders think about and focus on solutions, while followers think about problems. Leaders do what’s right, not what’s easy. Great leaders can translate a vision into reality. “You have to think anyway, so why not think big?” – Donald J. Trump Becomi...
Ep #95 - After graduating college Ben Staples tells the story of educating himself on multifamily investing and taking action using owner-occupied financing through a state program to purchase his first 3-plex in the Boston area for $480,000.
February 06, 2017 06:00 - 22 minutes - 17.6 MBHere’s some of what you will learn: How being willing to do what others are not willing to do will lead you to success. What is PITI? The risks and/or rewards of inheriting tenants. Looking at 150 deals before deciding to pull the trigger. When to use a general contractor for rehab and renovations. A tip to look for when checking out a contractor. The best way to find the best vendors. Great tips that help you take action. A mentor relationship is give & get. When is it ...
Ep #94 - The Power of Saying No - Own Your Power Success Tip
February 06, 2017 05:30 - 6 minutes - 5.32 MBHere’s some of what you will learn: “It’s only by saying “NO” that you can concentrate on the things that are really important.” – Steve Jobs Many people are programmed to say yes and have a problem saying no. The more afraid we become of saying no, the harder it gets. You don’t need a reason to say no. “Choose discomfort over resentment”. Dr. Brené Brown No is a complete sentence and doesn’t require justification or explanation. “You have to decide what your highest priorities...
Ep #93 - Jason and Nadia Pero began real estate investing by purchasing a duplex in 2001. Since that time they have built a multifamily portfolio of 400+ units with a value of $14M+
January 30, 2017 06:00 - 31 minutes - 25.4 MBHere’s some of what you will learn: Where to find deals from mom and pops who own multiple units? Finding a 56 unit, 10-building, $1.1M deal w/ 10% down – seller financed the rest – from the newspaper! What does self-managing really mean? Understanding what it takes to run a successful property management company. Finding a long term mentor. The incredibly valuable conversation to have with tenants during the leasing process that makes a huge difference. Simple tips to improve ...
Ep #92 - The Power of Lifelong Learning - Own Your Power Success Tip
January 30, 2017 05:30 - 6 minutes - 4.98 MBHere’s some of what you will learn: “'Live as if you were to die tomorrow. Learn as if you were to live forever.” – Ghandi No matter how much we know, there’s always more to learn. Be curious. Curiosity can spark lifelong learning. Be a veracious reader. The most successful people in the world read every day. If you’re not learning, you’re dying. “There are few things more pathetic than those who have lost their curiosity and sense of adventure, and who no longer care to learn....
Ep #91 - Creating the life you want as a multifamily investor. Starting with a 4-plex foreclosure in 2015, in 2 years Drew Kniffin owns and operates 130+ multifamily units valued at $8M+
January 23, 2017 06:00 - 27 minutes - 22 MBHere’s some of what you will learn: Important considerations when picking partners. Lesson learned on locations. Running promotions to fill units. Finding the best use of your time. Pros and cons of self-managing your properties. Don’t let perfect be the enemy of good. The way to build your confidence in this business, (you have to get going, in order to get where you want to go). What to look for in people you bring into your network. A huge mistake to avoid making with yo...
Ep #90 - The Power of Passion - Own Your Power Success Tip
January 23, 2017 05:30 - 6 minutes - 4.8 MBHere’s some of what you will learn: “Live with Passion” – Tony Robbins Passion is more than enthusiasm or excitement, passion is ambition that’s materialized into action. “Passion is the genesis of genius” – Galileo People with passion can make the impossible happen. Passion is the fuel for high performance. How do you incorporate passion into your life? Passion is infectious. Passionate people influence the people who matter. Passion requires commitment and energy. Pass...
Ep #89 - Keith Weinhold is a contributing writer to the Rich Dad Advisors blog. He hosts one of America's top investing shows, Get Rich Education. Keith is a buy-and-hold investor of Class C multifamily apartments primarily for cash flow.
January 16, 2017 06:00 - 31 minutes - 25.1 MBKeith Weinhold is a contributing writer to the Rich Dad Advisors blog. He hosts one of America's top investing shows, Get Rich Education. Keith is a buy-and-hold investor of Class C multifamily apartments primarily for cash flow. Here’s some of what you will learn: Why 2016 is a great time to be a real estate investor. Keith’s first real estate purchase was a fourplex that he lived in. Using equity from that fourplex Keith quickly bought his second fourplex. Keith did a successf...
Ep #88 - How Successful People Stay Motivated - Own Your Power Success Tip
January 16, 2017 05:30 - 6 minutes - 5.5 MBHere’s some of what you will learn: The secret to success is the ability to stay focused on your goals and stay motivated. Staying motivated is a skill. Setbacks are inevitable, motivation is the fuel that keeps you going towards success. “It does not matter how slowly you go as long as you do not stop.” - Confucius Keep moving and stay motivated. You must develop the ability to self-motivate. Make sure your goals have specific milestones that you can celebrate as you achi...
Ep #87 - Brian Burke has acquired over 700 properties including 1,000 multifamily units with a value of $100 million. Brian is President and CEO of Praxis Capital Inc, a real estate private equity investment firm.
January 09, 2017 06:00 - 43 minutes - 35 MBHere’s some of what you will learn: Beginning with an $80,000 mobile home purchase. The value of getting doses of “what not to do”. Making the decision to leave your full time job to become a full time real estate investor. Brian’s first syndication meeting, (he walked away with $500,000 and 28 investors with guns). What is a 1031 Exchange? The real estate disease to avoid. Studying a market to buy for cash flow. The keys to real estate (they aren’t location, location, locati...