Ep #153 - Meghan McCallum - From Firefighter to Real Estate Investor - owns 40+ units
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.8 • 1.4K Ratings
🗓️ 21 August 2017
⏱️ 43 minutes
🧾️ Download transcript
Summary
In this Episode You Will Learn :
- Meghan has spent 14 years working as a firefighter and then went into real estate.
- Why a great way to get started in this business is by buying a plex and living in it.
- How to rent a property out on Airbnb if the city has a law against it.
- When investing in multifamily, it could be less work than single family because you will have a team.
- Don’t be afraid of larger properties. If the numbers are right, be confident that you can make it happen and make an offer.
- Why mom and pop apartment buildings (5-30 units) is the sweet spot to invest in.
- Be careful of what bankers suggest, they want you to settle while the investor wants you to get a deal.
- If you trust your realtor, you can sign a bunch of earnest money checks and leave the “To” portion blank to help speed up the process.
- How broker relationships will make you wealthy.
- Why you should ask anyone you know for appraisals on their properties.
- Going to REA’s will help you learn from other people and find others that will help you.
- Starting up your own REA meeting will add value to your business because you will be looked at as an influencer.
- Where to find deals in this current market.
- Why you should always do walkthroughs right before you close on a deal.
- How to make your undesirable units, desirable.
- The quickest way to get started in investing in this business is to partner with someone who has experience and is making moves.
- Why you should join a group where everybody is willing to share their ideas/experiences/data.
- 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 Meghan McCallum at:
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
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| 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 management onto the show. |
| 0:23.0 | Now, here's your host, Rod Cleese. |
| 0:27.0 | A couple of quick things. |
| 0:28.0 | I want to let you guys know that I felt it was my responsibility to create an online space where multifamily |
| 0:35.3 | investors could go and connect and share ideas and ask questions and get encouragement |
| 0:41.2 | and peer mentor each other and find accountability partners even joint venture together and just learn and grow in this exciting business. |
| 0:49.0 | So I've created it. I'm going to have a lot of my podcast guests there who are experts in multifamily investing, my private |
| 0:55.6 | coaching students, just basically an incredible peer group of investors who are already taking action |
| 1:01.6 | on their dreams of building lifetime cash flow through multifamily properties. |
| 1:06.0 | So all you have to do is go to multifamily community.com and it'll take you directly to the Facebook group to join. |
| 1:12.0 | Now I'm going to be moderating the group so I'm going to be and it'll take you directly to the Facebook group to join. |
| 1:12.8 | Now I'm going to be moderating the group, |
| 1:14.5 | so I'm going to be there a lot. |
| 1:15.7 | And we're going to try to answer every question that comes up there. |
| 1:18.8 | But if you want to ask me questions personally, |
| 1:20.5 | just go to my personal page and ask them there |
| 1:22.4 | because I try to answer every |
| 1:23.2 | question there as well. Also I've been going live on Facebook typically I try to do a |
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