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Lifetime Cash Flow Through Real Estate Investing

Ep #1,102 - The Power of Perseverance - Own Your Power Success Tip

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Investing, Education, Business

4.61.4K Ratings

🗓️ 14 May 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

If you're ready to use real estate as your path to financial freedom, now is the time. Distressed multifamily deals are flooding the market as over $1 trillion in debt comes due. This episode of Own Your Power breaks down why perseverance is the true key to success, no matter your background or resources. Learn how to stay committed in the face of setbacks, build unstoppable momentum, and create the life of your dreams by refusing to quit when others do. Own your power with this Success Tip.  For more about Rod and his real estate investing journey go to www.rodkhleif.com

 

Transcript

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0:00.0

So if you're thinking you want to use real estate as a vehicle to your financial freedom, then listen up. There are incredible deals coming in multifamily because the interest rates are causing deals to get into distress. So if there was ever a time to get in this business, it's right now. There's like over a trillion dollars worth of debt coming due. And I'm going to tell you, I'm blessed to say that I've helped thousands of people on their path to creating that life of their dreams. It's my greatest blessing. So if you're serious about creating that life for yourself and your family and you're going to do it with real estate, for God's sakes, come spend a couple days with me at my two-day virtual boot camp. It's July 12th and 13th. You'll be immersing yourself in this exciting business and no, I don't sell anything at this event, so nothing being sold. So it's 16 to 18 hours of training with nothing being sold and the price is ridiculously reasonable. It's less than the price of a lunch, okay? Now you'll leave the event knowing how to find deals, how to evaluate those deals, how to raise all the money you need for your deals,

0:54.7

how to finance them, how to do syndication, how to joint venture. I mean, the works. And if you know me, you know I spend time on mindset. There's a reason my students are so incredibly successful. And it's super early bird pricing right now. So again, the investment is minuscule. So text the word boot camp to 7234 or go, 4, 5, or go to rods boot camp.com, and I'll see you there. And I promise you'll be glad you came. Again, text the word boot camp to 7,2,345, or go to Rod's boot camp.com, and I'll see you soon. All right, let's get to it. Today we're going to talk about the power of perseverance. Now Webster says to persevere means to persist in anything undertaken and to maintain a purpose

1:32.0

in spite of difficulties or obstacles or discouragements, but to continue steadfastly.

1:37.4

You see the difference between someone who's successful and someone who isn't is never about

1:40.9

their knowledge or their strength.

1:42.2

I see this with my students all the time. It's because they refuse to give up. Newt Gingrich said, perseverance is the hard work you do after you get tired of doing the hard work you already did, right? Now, you can have ordinary talent, you can have ordinary strength, you can have ordinary IQ, but if you have extraordinary perseverance, there is nothing you can't do. Now there's a book called Three Feet from the Gold, which speaks about how many people will give up on their dreams.

2:05.6

You know, when they're so close to success, it's a sad book actually.

2:08.6

It's about a minor that had a, he was like three feet from a big gold line, and he gave up on his claim and someone else went in there and became very, very wealthy.

2:16.6

You know, the sad reality is many people don't realize how close they are to success when they

2:21.3

give up. And that happens because of a lack of will and perseverance.

2:25.3

You know, there's a quote which says, don't be discouraged because it's often the last

2:29.3

key in the bunch that opens the lock. For me personally, I've been on the verge of bankruptcy

2:33.3

with a business that I didn't give up on and it turned it into a $10 million business with 60 employees that I sold a few years ago. Now, Albert Einstein used to say that it's not that he's so smart, it's just that he stayed with problems longer. I don't think that's entirely true because he was freaking brilliant, but the point is he never gave up on something.

2:55.1

And you've heard me say it's not a failure unless you give up or you don't get the lesson.

2:59.5

You know, when you have a setback, I call them seminars. It's only a failure if you stop trying.

3:04.8

And remember this, a river will cut through any rock not because of its strength, but just because of that perseverance. You know, perseverance, again, is getting knocked down 99 times, getting up 100. Now, it's important to know this as well, my friend, and that is you may have to fight the same battle more than once, which is why so many people give up. But you have to say to yourself, I may not be there yet, but I get closer every single day. And most of the most amazing things on this planet

3:24.7

were accomplished by people who refused to give up, even when it seemed like there wasn't any hope.

3:29.2

Dr. Martin Luther King has this great quote, which is, keep climbing. If you can't fly, run. If you

3:35.2

can't run, walk, if you can't walk, crawl, but keep moving forward. So how do you build and develop

3:40.7

perseverance? Well, first of all,

3:42.0

you need to know exactly what it is you want. You need to have carefully written, concise, and

3:46.5

measurable, short and long-term goals. Then you need to know why those goals are an absolute must.

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