Ep #707 - AirBnb Your 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

🗓️ 28 June 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jorge’s real estate journey began around 10 years ago, when he purchased his first property but wanted to pay it off quickly, so he rented it out to long-term tenants, leveraging his income and using it to pay off his debt and acquire more properties.

Jorge learned how to grow his business by subleasing and leveraging other people’s properties. In 2018, Jorge and his family achieved the million-dollar goal, so he decided to start his next venture: a coaching business where he has helped over 3000+ people learn his methods and achieve their financial goals with Airbnb.

Getting The Cashflow Started
Making Your Units Unique
The AirBnb Market
The Vacation Demographic
Booking Renters To Cover Expenses
Personalizing The Guest Experience

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	So we are technically in a recession.
0:04.3	So what does that mean?
0:05.6	Well, for me, it means I'm getting very excited.
0:08.2	In fact, we're already seeing pricing on properties
0:10.4	headed way down.
0:11.7	We've got three exciting deals that we're very close on right now.
0:14.7	Couple of larger ones and a small one.
0:16.9	So remember this, Warren Buffett said,
0:19.0	be fearful when others are greedy and be greedy
0:22.2	when others are fearful.
0:23.7	Well, I'm going to tell you, there's been a lot of frenzy
0:25.9	and greed in our industry the last few years
0:28.1	with people overpaying for deals.
0:29.9	And a good number of those deals will unfortunately
0:32.0	likely get in some trouble.
0:33.9	So like I said, there's been greed happening.
0:35.8	And now with this recession, we're going to see fear.
0:38.3	Remember, be greedy when others are fearful.
0:40.9	So get excited.
0:42.4	Some economists are saying this could be
0:43.9	the greatest transfer of wealth in history that's coming.
0:47.0	Now, if you've been thinking about getting into multi-family
	...

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