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Lifetime Cash Flow Through Real Estate Investing

Ep #36 - Michael Del Prete 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.

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

🗓️ 18 July 2016

⏱️ 31 minutes

🧾️ Download transcript

Summary

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/

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

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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 Cleef.

0:27.0

Welcome to Lifetime Cash Flow to Real Estate Investing.

0:31.0

I'm Rod Cleef and I'm thrilled you're here. Before we get to our guest I want to mention a couple of quick things.

0:36.0

I always tell you if you like what you hear on the show please subscribe to us on iTunes so you never miss another episode.

0:43.9

I also want to let you know that every week I do two, one of two, short five to ten minutes

0:49.1

shows called, one of them is your driving for success tip, and the other one is the real estate tip of the week

0:55.0

The driving for success tips where I share with you the most valuable things I've learned about the psychology of success and any of you that listen to me before know that really most people don't realize

1:06.7

80% of success in anything is your psychology and 20% is the actual mechanics and that's

1:11.6

what we speak to in those and then of course the real estate

1:13.8

tip is just that short but valuable tip about multifamily real estate investing and I hope you'll

1:18.4

join us for those short shows.

1:20.8

Most importantly I really want to hear what you guys think so if you've got any questions or comments

1:39.0

suggestions for guests or topics please let me know you can email me directly at rod at rodcliff.com that's rod at rod k h h l e i e e f is and frank dot com and i'd love to hear from you all right let's get this show on the road

1:41.0

i know you're gonna get incredible value from the man we're

1:43.2

interviewing today. His name's Mike Del Pree and he has come over from the dark

1:48.8

side. He has done mostly single family in the past, has done over 200 real estate transactions in the Phoenix area

1:55.2

did a lot of wholesaling and now he is interested in multifamily he's I'll let you tell

...

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