Ep #708 - The Power That Comes With Grit - Own Your Power Success Tip

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

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Embody the discipline of grit. You’re gonna be tired, and frustrated, and beaten down, but focus on the grit, and power through the tough times. Knowing you’re going to get knocked down is a huge advantage, expect it, plan for it, and continue standing up and reaching for those goals through sheer determination and grit. Own your power with this Success Tip.

Transcript

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0:00.0	So we are technically in a recession.
0:05.4	So what does that mean?
0:06.6	Well, for me, it means I'm getting very excited.
0:09.3	In fact, we're already seeing pricing on properties
0:11.4	headed way down.
0:12.8	We've got three exciting deals that we're very close on right now,
0:15.8	a couple of larger ones than a small one.
0:18.0	So remember this, Warren Buffett said,
0:20.1	be fearful when others are greedy
0:22.6	and be greedy when others are fearful.
0:24.8	Well, I'm gonna tell you, there's been a lot of frenzy
0:27.0	and greed in our industry the last few years
0:29.2	with people overpaying for deals.
0:31.0	And a good number of those deals
0:32.4	will unfortunately likely get in some trouble.
0:35.0	So like I said, there's been greed happening.
0:36.9	And now with this recession, we're gonna see fear.
0:39.4	Remember, be greedy when others are fearful.
0:42.0	So get excited.
0:43.5	Some economists are saying this could be
0:45.0	the greatest transfer of wealth in history that's coming.
0:48.1	Now, if you've been thinking about getting into multi-family
	...

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