Ep #657 - Failing Your Way To Overwhelming Success

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

🗓️ 22 February 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings and short-term rentals valued in excess of $35M. Rich started his real estate investing journey by cashing out his 401K to buy his first apartment building, and today Rich has grown his portfolio to over 350 units and has left his corporate job for good. Rich co-hosts a weekly real estate investing podcast, “The Multifamily Takeoff”, where he interviews top real estate investors and industry experts from all over the world.

Here’s some of the topics we covered:

Property Management
Keep Sharp Eyes The First Time You Walk The Property
3rd Party Property Manager Horror Stories
Keeping A Lookout On The Property When You’re Away
Committing To Your First Step
Multifamily Being Low Risk

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

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Transcript

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0:00.0	Welcome, this is the Lifetime Cash Flow through Real Estate Investing Podcast.
0:06.8	This is where you'll learn strategies to help you achieve lifetime financial freedom through
0:10.7	real estate investment.
0:13.1	Your host, Rod Cleef, has owned over 2,000 homes in apartments.
0:17.5	And he brings experts in all aspects of real estate investment and management onto the show.
0:22.8	Now, here's your host, Rod Cleef.
0:27.6	Welcome to another edition of How to Build Lifetime Cash Flow through Real Estate Investing.
0:31.7	I'm Rod Cleef, and I'm thrilled you're here.
0:33.9	And I know you're going to get tremendous value from the gentleman I'm interviewing today.
0:37.1	His name is Rich Summers, and I've actually been on his podcast.
0:40.3	He's got a podcast called The Multi-Family Take Off.
0:42.5	It's been a couple of years.
0:44.4	He also co-hosts a networking event in San Diego, Real Estate Networking event, which is a fantastic
0:50.6	way to build an investor list and build reach period.
0:55.4	He's also doing something with what I would call Turnkey short-term rentals, something
1:01.2	called Fortune Cribs, which is an interesting idea.
1:04.9	We're going to focus on Multi-Family for this episode.
1:08.0	He's got over 350 doors, and yeah, so I'll leave it at that.
1:13.0	Welcome to the show, brother.
1:14.0	Rod, thank you so much for having me on, man.
1:16.2	It's an honor to be here.
1:17.5	I'm a big fan of your show, and I'm excited to dig into this conversation today.
	...

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