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Lifetime Cash Flow Through Real Estate Investing

Ep #149 - Tim and Tom Black - Own nearly $50 million in multifamily real estate in TX, OK, and WI.

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Passive, Estate, Family, Business, Management, Income, Multifamily, Apartment, Education, Multi, Property, Commercial, Real, Investing, Investor

4.81.4K Ratings

🗓️ 7 August 2017

⏱️ 33 minutes

🧾️ Download transcript

Summary

In this episode you will learn :

  • Why an analytical and outgoing personality is required to invest in multifamily.
  • Reasons to keep your day job and invest on the side.
  • Keep in mind when dealing with Fannie Mae and Freddie Mac there are net worth requirements.
  • How to keep your investors happy
  • Why you should communicated with your investors no matter the circumstance.
  • Reason to host an investor function.
  • The work with investing in Plex’s or Commercial multifamily is the same.
  • How risk tolerance for an apartment complex is better than any plex.
  • Why you should just dive right into buying your first multifamily deal.
  • The best way to learn this business is to buy a property.
  • How a mentor can help you be successful in investing in multifamily.
  • Why there is opportunity when the market contracts.
  • Why you don’t want to self manage a property.
  • Don’t underestimate the home owners association when re-zoning a property.
  • What is a triple net lease?
  • Book recommendation : The Passive Income Physician: Surviving a Career Crisis by Expanding Net Worth by Thomas Black MD
  • 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 CashFlow Through Multifamily Properties.”

Our Guest

You can contact Tim and Tom Black at:

http://napalicap.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://www.meetme.so/RodKhleif2

Review and Subscribe

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast.

0:06.0

This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment.

0:12.0

Your host Rod Cleef, has owned over 2,000 homes in apartments.

0:17.0

And he brings experts in all aspects of real estate investment and management onto the show.

0:22.0

Now, here's your host. investment and

0:25.0

Now here's your host

0:27.0

Rod Cleef. Welcome to another edition of how to build lifetime cash flow through real estate investing.

0:30.0

I'm Rod Cleef and I am thrilled you're here.

0:33.6

You guys are going to get a ton of value

0:35.2

from the gentleman we're interviewing today.

0:37.0

Their names are Thomas Black, and he's an MD,

0:39.8

and Tim Black.

0:41.2

And there with Nepali Capital.

0:43.6

Tom is an author and they have a $70 million

0:47.6

portfolio, almost 2,000 doors,

0:50.4

and we are gonna dig in and find out how they accomplished that.

0:54.0

Guys welcome on the show.

0:56.0

Thank you very much Ron happy to be here.

0:58.0

Absolutely.

0:59.0

So we're streaming from two different locations, Madison, Wisconsin at Dallas, Texas.

1:04.0

Yeah, so those are you listening on my podcast, you know, we're doing these in a video format now as well,

1:09.2

and you can check that out on YouTube or on my website actually Rod Cleef.

...

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