Lifetime Cash Flow Through Real Estate Investing

Here'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 should and shouldn't take deductions and why.
• How to balance your portfolio and cash flow.
• How to utilize cost segregation to make your deals attractive to different types of investors.
• Why to separate in the sales agreement the cost of the land and the cost of the building. (You can't depreciate the land!)
• Connect with me on Facebook at: Rod Khleif
• Text ROD to 41411 for a FREE copy of my upcoming book.

Our Guest

You can learn more about Chris Wetherall and ELB Consulting at:

http://www.elbcostseg.com/

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif

Review and Subscribe

Posted in Podcast Tagged acquisitions, Chris Wetherall, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Here'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 for Real Estate by George H. Ross
• Book recommendation: Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter
• Book recommendation: Trump, Real Estate 101 by Gary Eldred

Our Guest

You can learn more about at: Dylan Borland and David Toupin at: http://www.theborlandgroupllc.com/

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://rodkhleif.com/contact/

Review and Subscribe

Posted in Podcast Tagged acquisitions, David Toupin, Dylan Borland, The Borland Group, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Here'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 maximize their strengths.
• Successful people add to their teams by bringing in people to supplement them in the areas they are not strong.
• The 3 traits or abilities that are in successful people:
  • Entrepreneur
  • Manager – Leader
  • Artist – Innovator – Inventor
• Pareto Principle – 80 / 20 rule.
• 80% of the outcome in your work typically comes from 20% of what you do. To maximize that dynamic, be working in your core genius.
• What are you doing right now that you could delegate or outsource to be happier and increase your productivity?
• What's your time worth?
• Book recommendation: "The 4-Hour Workweek" by Timothy Ferriss
• Book recommendation: Rich Kid Smart Kid by Robert Kiyosaki
• 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".

I hope you will join me next week for Your Driving Force Success Tip!

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Anthony 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 bedroom – pros and cons.
• What is a HELOC?
• Why to be cautious about a HELOC.
• The pros and cons of quitting your job.
• 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 To contact A.J. D'Asaro please visit: www.millenialrealestate.com

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://rodkhleif.com/contact/

Review and Subscribe

Posted in Podcast Tagged acquisitions, Anthony A.J. D'Asaro, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Here'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.
• It's not what you know, it's who you know.
• To network, start a conversation without someone without worrying about a destination.
• Everyone you meet know something or someone that you don't.
• Get outside your comfort zone, you can't be afraid to connect.
• Networking is about being genuine and authentic and building relationships, not selling.
• To establish rapport, build commonality.
• Ask open ended questions, who, what, where, why? Those help get conversations going.
• Be prepared to articulate who you are, what you do, and what you could use help with. Write it out and practice if necessary.
• Consider networking a learning opportunity or a treasure hunt.
• Think of how you can add value to the people you meet.
• "Try not to become a man of success. Rather become a man of value." – Albert Einstein
• There are very few degrees of separation in this world, you may be able to help someone by connecting them to someone you know.
• It's not about meeting a ton of people, it's about meeting the right people.
• Determine what your goals are for an event before you go.
• It's not about getting a ton of business cards, it's about developing long-term, win-win relationships.
• Follow up with the people you meet quickly after you meet them
• The most important component of networking is to always be looking for a win-win where both parties benefit.
• Most successful lucrative relationships were formed over a coffee or a drink.
• 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".

I hope you will join me next week for Your Driving Force Success Tip!

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Here'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 using leverage.
• What is R1, R2, and R3?
• It all starts with a great location.
• Learning about change of use.
• What's good for the city's tax assessment is good for an investor.
• Work a strategy, build a system, and stop chasing an opportunity.
• The benefit of a morning ritual.
• Where focus goes, energy flows.
• Book recommendation: "The Power of Focus" by Jack Canfield
• 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 learn more about at Erik Stark at: http://therealerikstark.com/

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://rodkhleif.com/contact/

Review and Subscribe

Posted in Podcast Tagged acquisitions, Erik Stark, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Here'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 around people that give off positive energy.
• Pay attention to who your energy increases and decreases when you're around them, the universe gives off hints.
• Surround yourself with positive energy.
• We attract things and people into our lives that are at the same energy level we are.
• "Everything is energy and that's all there is to it. Match the frequency of the reality you want and you cannot help but get that reality. It can be no other way. This is not philosophy this is physics." –Albert Einstein
• Positive energy attracts positive energy.
• To attract positive things into your life, you have to give off positive energy.
• Practice gratitude daily.
• Music can raise your energy.
• Remember life happens for you, not to you.
• Try to see the positive in everything.
• Let go of resentments and forgive everyone that needs to be forgiven.
• Be in nature as often as you can.
• Be sure your peer group is positive.
• Take care of your health and your body.
• Smile!
• Decide, life is too short to be unhappy,
• 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".

I hope you will join me next week for Your Driving Force Success Tip!

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Ted 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.
• How to use a mentor to gain 20+ years knowledge in a year.
• The cardinal sin in real estate investing (and how to avoid making it).
• Time in real estate can sometimes fix deals.
• How to fit reading into your busy day.
• 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 learn more about Ted Mortarotti at: [email protected]

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://rodkhleif.com/contact/

Review and Subscribe

Posted in Podcast Tagged acquisitions, Ted Mortarotti, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training

Here'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 strengths and ideally delegate your weaknesses.
• You can delegate authority, but you can't delegate responsibility, you are still 100% responsible.
• Delegate authority to create leaders, that's the road to massive success.
• "Surround yourself with the best people you can find, delegate authority, and don't interfere." – Ronald Reagan
• Find people that are strong in the areas you are weak.
• The more autonomy you can give your staff, the more they grow.
• Give your team constructive and positive feedback regularly.
• Don't be a perfectionist or unrealistic.
• The key to effective delegation is clearly defining your desired outcomes, making sure they understand and that they have the skill set or training, then measure and hold them accountable.
• Look for people willing to take ownership.
• Encourage and praise often.
• Life and business are team sports.
• To be successful you will need a great team.
• 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."

  I hope you will join me next week for Your Driving Force Success Tip!

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Here'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 of skill.
• The importance of using scripts and elevator pitches.
• How to overcome your fear of sales.
• Using rituals to improve your confidence.
• What is a shower card?
• The importance of gratitude - count your blessings every day.
• People will say yes to your enthusiasm and excitement before they do your technical skills.
• Consider doing 2 things at once.
• The steps to truly master the art of selling.
• How to get started in selling for absolutely nothing.
• The basics of negotiation.
• What is the difference between an objection and a negotiation point?
• "5 Words to Live by, Do What You Fear Most. It's what most Top Producers Do!"- Tom Hopkins
• We all have 86,400 seconds in a day. Do the most productive thing possible at every given moment.
• Focus and set priorities – don't waste time.
• "Work harder on yourself than you do on your job to become a person people like and trust and want to listen to." – Tom Hopkins
• Love people and use money. Never love money and use people and you will make all the money you could ever spend." – Tom Hopkins
• "You're in the people business, work on the skill of getting along with people." – Tom Hopkins
• The things that have made the biggest difference in Tom's life.
• Book recommendation: How to Master the Art of Selling, by Tom Hopkins
• 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 learn more about Tom Hopkins and browse a free resource sales library at: http://www.TomHopkins.com/

To learn more about the Tom Hopkins Advanced Sales Academy in Honolulu Hawaii March 10 & 11, 2017 please visit: http://www.tomhopkins.com/salesacademy.shtml

Want to build Lifetime Cash Flow from Multifamily Properties? If you're committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://rodkhleif.com/contact/

Review and Subscribe

Posted in Podcast Tagged acquisitions, Tom Hopkins, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training