The Real Estate Launchpad: The ultimate toolkit for multifamily and other property investing success

How to Become a Successful Property Investor Through Mindset and Systems, with Rod Khleif, Ep #5


Listen Later

Many people these days are becoming property investors - for a very good reason. Real Estate is one of the most historically stable investment classes in existence. But there are many pieces to the property investment puzzle that have to be learned and applied correctly in order for a person to be successful. Rod Khleif is one of the guys who has become a master at assembling the puzzle in a way that makes sense and generates revenue.

In this conversation, Rod joins Jonathan to discuss his story, the mindset behind success, the systems required to build a personal vision and make it a reality, and how anyone can take their first steps into multifamily investing. Rod's enthusiasm and knowledge are unmistakable, so be sure you take the time to learn from what he shares in this episode of Real Estate Launchpad.

Anything great that has ever occurred had to be visualized first

If you consider the history of success - whether in societies or in business - you'll realize that nobody begins moving toward a positive outcome until they first have a clear picture of what they are trying to accomplish. The same is true in property investing. If you don't know what your desired outcome will look like, you won't have any idea how to get there.

In this recording, Rod Khleif shares the power he discovered in visualizing his end goals as a property investor. He explains his personal visualization process, how he makes his property investment goals tangible and practical, and how he follows a pattern of sequential steps to make them a reality. Be sure you take the time to listen.

Once you know what you want and why you want it, look for opportunities

In this conversation, Rod explains how he determines his end goals - with a particular emphasis on knowing exactly WHY those goals are important. He's discovered that knowing the reasons behind what he's doing is what keeps him going when things become difficult. The same will be true for you. But once you've done all that, how do you get moving toward your goals?

Rod says it's important to open your eyes to the opportunities around you and how they could become open doors toward the fulfillment of your goals. Those opportunities may exist in the form of conversations you have with a person next to you in the coffee shop line, or over social media. You have to be ready to answer the inevitable question, "So what do you do?" with a clear, confident, and brief description of your property investment goals. Keep it simple and low-key. People who are interested in the possibility of investing in real estate will want to hear more. That's your opportunity - make the most of it.

You will fail your way to success, so make the decision now to learn the lessons well

For some reason, we think that failure is a bad thing. Rod Khleif is adamant that failure is a required step in reaching success. In fact, he says, "You will fail your way to success." His encouragement is that you not let the certainty of failure keep you from persevering. You have to make the decision at the outset that no matter what failures may come your way, you will learn from them, apply the lessons well, and move forward. Success only comes to property investors who learn to use their failures to make themselves better investors.

Educate yourself and commit to your business, because dabblers get crushed

One of the things Rod has noticed happening in the real estate investing world is that many people try to dabble in the industry. But they never wind up going anywhere because they don't have the commitment required to become experts at what they do. Rod's advice is simple: Take the time to educate yourself through podcasts, courses, and seminars and then go all-in. If you aren't willing to press through the difficulties that will certainly come along the path to success, you will be crushed.

Don't miss this engaging conversation. Rod's experience of losing it all then rebuilding it again is a timely teacher for those who want to know the truth of what it takes to be a multifamily property investor.

In This Episode Rod Khleif says...
  • [2:13] The overview of who Rod Kleif is and what he's done in real estate
  • [4:06] Why every business is about people and systems
  • [6:49] Rod's weekly planning session: 3 steps to successful organization
  • [11:56] Seeing your goals and going for them - and don't forget the "why"
  • [27:05] The dramatic crash Rod experienced from thinking he was unstoppable
  • [34:27] Once you know what you want and why, look for opportunity
  • [40:07] Advice for getting started in multifamily real estate investment
  • [44:30] How to find investors and practice pitching them with a sample deal package
  • [48:46] Rod's final advice for those interested in multifamily
Resources Mentioned In The Episode
  • BOOK: The E-Myth
  • BOOK: Regrets of the Dying
  • [email protected] - Learn to be an asset manager and Investor
  • Bellwether Enterprise (sponsor) - contact Will Oldham [email protected]
Connect with Rod Kleif
  • Rod's website and podcast
  • www.MultifamilyBootcamp.com - or text "multifamily" to "41411"
  • www.RodsDealDesk.com - Rod will help you raise money for your deal
  • Text "Rod" to "41411" to receive his free book
Connect With Jonathan and Real Estate Launchpad
  • To invest with me go to www.TwoBridgesMgmt.com/investors
  • To learn from me go to www.MultifamilyLaunchpad.com
  • Join my free Facebook community
Subscribe to REAL ESTATE LAUNCHPAD onApple Podcasts || Google Podcasts || Android || SpotifyStitcher || TuneIn Radio || Google Play Music
...more
View all episodesView all episodes
Download on the App Store

The Real Estate Launchpad: The ultimate toolkit for multifamily and other property investing successBy Jonathan Twombly