Lifetime Cash Flow Through Real Estate Investing

A full-time real estate investor and an all-around problem solver, Michael is known for providing top of the line advice and strategies to real estate investors at all levels to achieve tangible results that create cash flow. Michael actively participates in real estate and currently holds his own rental portfolio. He has completed over 200 real estate transactions in less than four years.

Here’s some of what you will learn:

• Why making the shift from single family to multi-family real estate investing makes sense.
• Why make the move from flipping to holding?
• How to structure seller financing that works for sellers.
• The importance of developing relationships with sellers.
• Great creative financing advice.
• The keys to finding investors.
• What is the 2% formula?
• Questions to always ask potential investors.
• How to drive for dollars.
• The importance of using mentor and coaches.
• Focus on high impact activities and systems, delegate the rest.
• Book recommendation: The Slight Edge by Jeff Olson
• Board game recommendation: CASHFLOW 101 by Robert Kiyosaki

 Our Guest

You can learn more about Michael Del Prete and We Heart Houses at: http://wehearthouses.com/

Recommended Resource

• Schedule a free 30 minute “no obligation” 30 minute call directly with me by clicking this link: http://meetme.so/RodKhleif
• 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, Michael Del Prete, Mike Del Prete, We Heart Houses, 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.  

Joe Fairless successfully made the jump from single family to multi-family real estate investing and controls over $54,000,000 of investment properties & consults investors on real estate investing. Joe hosts the popular radio program, Best Real Estate Investing Advice Ever Show.

Here's some of what you will learn:

• What it takes to put a multi-family deal together, (It's not income)!
• A look inside a 168 unit, $6.35 million deal in Cincinnati, OH.
• A creative strategy Joe used to avoid a million dollar prepayment penalty.
• What is a Master Lease with Option to Purchase?
• The importance of finding the best solution to the problem that the seller has.
• Strategies to raise equity from investors.
• A strategy to use to meet more potential investors
• Using name-check to successfully network.
• Smart strategies to use for smart partnering.
• Knowing the difference between economic and physical occupancy.
• What is a capital call? (and how to avoid it)
• How much should you keep in your Capex fund?
• The 3 expense categories real estate investors usually miss.
• Book recommendation: The Complete Guide to Buying and Selling Apartment Communities by Steve Berges.
• Book recommendation: How to Win Friends and Influence People by Dale Carnegie.
• Book recommendation: Best Real Estate Investing Advice Ever by Joe Fairless

Our Guest

You can learn more about Joe Fairless at: http://joefairless.com/blog/

[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://meetme.so/RodKhleif

Review and Subscribe

Posted in Podcast Tagged acquisitions, Joe Fairless, 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

Welcome to Your Driving Force Success Tip

The Power of Affirmations and Incantations

• As you say it, so shall it be.
• A powerful force in the human psyche is for people to remain consistent with hof they identify themselves.
• What you put the words "I AM" in front of becomes your identity.
• The #1 person you communicate with on a daily basis is you!
• Find phrases that feel empower you and use them to take you to the next level.
• Quickly change your state by shouting incantations.
• The words we speak have an impact on our mind.
• "Repetition is the mother of skill" - Tony Robbins.
• Write out your negative beliefs that may be limiting you and replace them with the opposite positive beliefs.
• If you catch yourself saying something negative, limiting, or disempowering, immediately create a positive incantation and use it.
• Embrace the identity you want and need to be a huge success and develop incantations to help you get there.

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.

Joe Fairless successfully made the jump from single family to multi-family real estate investing and controls over $54,000,000 of investment properties & consults investors on real estate investing. Joe hosts the popular radio program, Best Real Estate Investing Advice Ever Show. 

 Here’s some of what you will learn:

• What it takes to put a multi-family deal together, (It’s not income)!
• A look inside a 168 unit, $6.35 million deal in Cincinnati, OH.
• A creative strategy Joe used to avoid a million dollar prepayment penalty.
• What is a Master Lease with Option to Purchase?
• The importance of finding the best solution to the problem that the seller has.
• Strategies to raise equity from investors.
• A strategy to use to meet more potential investors
• Using name-check to successfully network.
• Smart strategies to use for smart partnering.
• Knowing the difference between economic and physical occupancy.
• What is a capital call? (and how to avoid it)
• How much should you keep in your Capex fund?
• The 3 expense categories real estate investors usually miss.
• Book recommendation: The Complete Guide to Buying and Selling Apartment Communities by Steve Berges.
• Book recommendation: How to Win Friends and Influence People by Dale Carnegie.
• Book recommendation: Best Real Estate Investing Advice Ever by Joe Fairless

 Our Guest

You can learn more about Joe Fairless at:

http://joefairless.com/blog/

[email protected]

Recommended Resource

• Schedule a free 30 minute “no obligation” 30 minute call directly with me by clicking this link: http://meetme.so/RodKhleif
  
• 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, Joe Fairless, 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

Peter started in real estate as an investor in July of 2003 during the summer of his junior year of college. He found a four-unit property that required a full gut to fix up and jumped in, living and managing at the property. The next year he graduated with a degree in business and, diploma in hand, he eventually started his management and renovation companies. Since that time Peter has owned more than 100 rental units and founded Mogul Realty in St. Louis MO offering real estate, construction, and property management services.

Here's some of what you will learn:

• The traits real estate investors need to be successful.
• Why it's crucial to use mentors in real estate investing.
• The benefits of using realtors in your deals.
• The biggest benefits of living on-site at your multi-family property.
• The Pros and Cons of REI (Real Estate Investor) Groups.
• What happens at a REI (Real Estate Investor) Group? (You may learn more after the meeting ends).
• Networking recommendation: Meetup.com search for REI (Real Estate Investor) Groups.
• The "Burn The Ship" Strategy.
• Book recommendation: Three Feet From Gold, Turn Your Obstacles Into Opportunities! by Greg S. Reid and Sharon Lechter
• Do NOT buy in "war zones."
• Look for "C properties" in "B locations."
• A $10,000 investment that made a $80,000 return in one year.
• The two ways to improve value of a multi-family property.

Our Guest

You can learn more about Peter MacKercher and Mogul Realty at: http://www.stlmogul.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, Peter MacKercher, Mogul Realty, 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

Welcome to Your Driving Force Success Tip

The Power and Value of Mentors

• When questioned about their careers, most successful people credit a mentor or mentors.
• Mentorship is a learning and development partnership between someone with vast experience and someone who wants to learn.
• Finding the right mentors can be a fulfilling process that results in lifelong relationships with people who have your best interest at heart.
• If necessary, use LinkedIn, Twitter, and Facebook to connect.
• Find like-minded people to connect with.
• To cut learning curves and lessen mistakes - seek mentors.
• Successful people often have a network of mentors each in different aspects of their lives.
• Mentorship can consist of the right comment at the right time and can change your life.
• Consider joining or forming a mastermind group.
• Finding the right mentor requires self-awareness and an examination of your strength and weaknesses so you can choose a mentor that will meet your needs.
• Spend the time necessary to find a diverse group of mentors who reflect who you are and where you want to go.
• To find a mentor visit: Score.org

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.

Peter started in real estate as an investor in July of 2003 during the summer of his junior year of college. He found a four-unit property that required a full gut to fix up and jumped in, living and managing at the property. The next year he graduated with a degree in business and, diploma in hand, he eventually started his management and renovation companies. Since that time Peter has owned more than 100 rental units and founded Mogul Realty in St. Louis MO offering real estate, construction, and property management services.  

Here’s some of what you will learn:

• The traits real estate investors need to be successful.
• Why it’s crucial to use mentors in real estate investing.
• The benefits of using realtors in your deals.
• The biggest benefits of living on-site at your multi-family property.
• The Pros and Cons of REI (Real Estate Investor) Groups.
• What happens at a REI (Real Estate Investor) Group? (You may learn more after the meeting ends).
• Networking recommendation: Meetup.com search for REI (Real Estate Investor) Groups.
• The “Burn The Ship” Strategy.
• Book recommendation: Three Feet From Gold, Turn Your Obstacles Into Opportunities! by Greg S. Reid and Sharon Lechter
• Do NOT buy in “war zones.”
• Look for “C properties” in “B locations.”
• A $10,000 investment that made a $80,000 return in one year.
• The two ways to improve value of a multi-family property.

 Our Guest

You can learn more about Peter MacKercher and Mogul Realty at: http://www.stlmogul.com/

Recommended Resource

• Schedule a free 30 minute “no obligation” 30 minute call directly with me by clicking this link: http://meetme.so/RodKhleif
• 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, Peter MacKercher, Mogul Realty, 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

Frank McKinney: Real Estate Artist, 5-time International Bestselling Author, superhero meets Robin Hood, Philanthro-Capitalist, Ultramarathoner, Actor, and Visionary who sees opportunities and creates markets where none existed before.

Frank creates real estate markets where others fear to tread. He has built oceanfront spec homes (homes built without a buyer) valued in the tens of millions of dollars, shattering price records with each new project. Frank started with a $50,000 fixer-upper home, and climbed the real estate ladder all the way to a $50 million oceanfront mansion! Currently he is taking the real estate world by storm with his new "Micro Mansion" concept.

Frank spends quite a bit of his time on philanthro-capitalistic causes, specifically, his Caring House Project Foundation, www.chpf.org, a non-profit (501c3) organization that provides housing and a self-sustaining existence for homeless families primarily in Haiti and here in the United States of America. By the end of 2016, a total of 10,400+ people will have been sheltered in Haiti alone because of CHPF, and thousands more are alive because of our (and your) efforts."

Here's some of what you will learn:

• In what area are fortunes made in a disproportionate share?
• What is the key characteristic of an entrepreneur?
• What is truly the most obscene 4 letter word?
• Why Motivation doesn't last.
• How Aspiration can forever change your life.
• What is the lunch pail approach?
• How to gently, yet often, exercise your risk threshold like a muscle.
• Entering a "cash accumulation phase."
• Sacrificing today for a better tomorrow.
• Finding your highest calling.
• Who do you aspire to emulate?
• What legacy to you aspire to leave behind?
• Find your 3 I's in life. Insurmountable, Incomprehensible, and Impossible and learn to say yes more than no. Go For It!
• If others have done it, so can you!
• Overnight success can take 20 years.
• "The quality of your life is in direct proportion to the amount of discomfort you can comfortably stand." - Tony Robbins
• Share your blessings. Time, talent, and treasure.
• The timing will never be perfect, get a majority of your confidence going and pull the trigger.
• Book recommendation: Make it Big – Frank McKinney
• Book recommendation: Burst This – Frank McKinney

Our Guest

You can learn more about Frank McKinney at: http://www.frank-mckinney.com/

You can learn more about Frank McKinney's Caring House Project Foundation at: http://www.frank-mckinney.com/caring-house-project/

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, Frank McKinney, 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

Welcome to Your Driving Force Success Tip

The Power Of Your Peer Group

• "The quality of your life is a direct reflection of the expectations of your peer group." - Tony Robbins
• You are the sum total of the 5 people that you spend the most time with.
• Your peer group has a huge impact on your life.
• Take the time to proactively choose your peer group wisely. You have choices.
• com is a great platform to meet professional peers.
• Engage with people who are more knowledgeable than you are.
• Surround yourself with people who push and challenge you.
• Your net worth is the average of the 3 people closes to you.
• Decide what the ideal version of yourself is and find people who match that.
• Actively choosing the people in your life will dramatically improve your life.
• "If you've not outgrown friends, you're not growing." - Grant Cardone

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.

Frank McKinney: Real Estate Artist, 5-time International Bestselling Author, superhero meets Robin Hood, Philanthro-Capitalist, Ultramarathoner, Actor, and Visionary who sees opportunities and creates markets where none existed before.

Frank creates real estate markets where others fear to tread. He has built oceanfront spec homes (homes built without a buyer) valued in the tens of millions of dollars, shattering price records with each new project. Frank started with a $50,000 fixer-upper home, and climbed the real estate ladder all the way to a $50 million oceanfront mansion! Currently he is taking the real estate world by storm with his new “Micro Mansion” concept.

Frank spends quite a bit of his time on philanthro-capitalistic causes, specifically, his Caring House Project Foundation, www.chpf.org, a non-profit (501c3) organization that provides housing and a self-sustaining existence for homeless families primarily in Haiti and here in the United States of America. By the end of 2016, a total of 10,400+ people will have been sheltered in Haiti alone because of CHPF, and thousands more are alive because of our (and your) efforts.”

Here’s some of what you will learn:

• In what area are fortunes made in a disproportionate share?
• What is the key characteristic of an entrepreneur?
• What is truly the most obscene 4 letter word?
• Why Motivation doesn’t last.
• How Aspiration can forever change your life.
• What is the lunch pail approach?
• How to gently, yet often, exercise your risk threshold like a muscle.
• Entering a “cash accumulation phase.”
• Sacrificing today for a better tomorrow.
• Finding your highest calling.
• Who do you aspire to emulate?
• What legacy to you aspire to leave behind?
• Find your 3 I’s in life. Insurmountable, Incomprehensible, and Impossible
  and learn to say yes more than no. Go For It!
• If others have done it, so can you!
• Overnight success can take 20 years.
• “The quality of your life is in direct proportion to the amount of discomfort you can comfortably stand.” - Tony Robbins
• Share your blessings. Time, talent, and treasure.
• The timing will never be perfect, get a majority of your confidence going and pull the trigger.
• Book recommendation: Make it Big – Frank McKinney
• Book recommendation: Burst This – Frank McKinney

Our Guest

You can learn more about Frank McKinney at: http://www.frank-mckinney.com/

You can learn more about Frank McKinney’s Caring House Project Foundation at: http://www.frank-mckinney.com/caring-house-project/

Recommended Resource

• Schedule a free 30 minute “no obligation” 30 minute call directly with me by clicking this link: http://meetme.so/RodKhleif
• 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, Frank McKinney, 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