Ep #159 - Mark Ferguson - Single Family vs. Multifamily

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

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

4.8 • 1.4K Ratings

🗓️ 11 September 2017

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this Episode You Will Learn :

Single Family vs. Multifamily
Typically Turnkey rental properties Someone has already made the profit
When you have only one or two houses that are thousands of miles away from you live, you have no leverage on your management company.
Instead of investing in Turnkey properties, invest in multifamily properties for better value.
How to flip houses to invest into cash flowing investments.
Single family houses are more liquid than multifamily but are purchased based on emotion while multifamily is all based on numbers.
When you own properties that are spread out far from each other, they are harder to manage.
In multifamily, a typical building will have all the same utilities and building materials so its easier to stock up on parts.
In single family, if someone trashes a house, cashflow could be lost for up to 2 years.
Average turnover in single family is a minimum of a couple thousand dollars.
When the market crashes, multifamily will contract, but they will still cashflow.
When thinking of long term hold, go with multi family.
Single family homes around the median home price will do better than lower end homes when the market is rough.
Why D class properties are not worth the hassle.
Why D class properties are only worth investing in when an area is gentrifying.
When you are a licensed broker or agent, you have a higher level of responsibility.
Why a broker should be part of your team.
How to find deals with a retired broker.
How visualization can get you anything you dream of.
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 Mark Ferguson at:

https://investfourmore.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

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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	Hey, just a couple of quick things.
0:28.0	You guys know I'm a huge proponent of mindset in the psychology of taking action and how it's my belief 80% of your success in anything is your
0:36.9	psychology and your mindset and really 20% is the mechanical stuff the real estate knowledge you know I even did a
0:43.9	recently did a Facebook live clip on creating vision boards and how do you use
0:48.5	those to get your goals and things you want well you guys aren't going to
0:52.2	believe this you're going to absolutely love who I've got coming on the show on
0:55.9	September 25th. John Aseroff from the secret, he's the guy that showed us his
1:00.5	vision boards in the blockbuster movie The Secret.
1:03.5	In fact, he's the reason millions of people now have vision boards.
1:06.7	John is that guy.
1:08.2	So make sure you check out that episode on September 25th.
1:11.3	It will be epic. And I've finally launched my course and
1:14.4	coaching program. If you're interested in this business at all I can humbly
1:17.7	say it's the best multifamily course out there and I personally coach you
1:21.6	on how to crush it in this business and in your lives.
1:25.0	So if you want to get more information on my course and coaching, text the word crushed to 4141.
	...

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