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Lifetime Cash Flow Through Real Estate Investing

Ep #721 - MFRS From 7 to 1000 units in 3 years

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

🗓️ 8 August 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

Warrior Oliver Fernandez owns a construction company that has completed over 60M dollars in contracts. He is a 2 time contractor of the year award winner and is general partner in over 100M of multi family real estate. Oliver has redefined what success looks like for himself after building up his team and developing powerful relationships. Here’s some of what we discussed:

Building your team

Surrounding yourself with ambitious people

What to look for in a partner

Overcoming fear

Beast mode

To find out more about our guest:

https://www.linkedin.com/in/oliver-fernandez-100aa7186/

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

Please Review and Subscribe

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, my name is Rod Cleef, and I'm the host of the lifetime cash flow through real estate investing podcast and every week

0:06.0

I interview multi-family rock stars and we talk about how they built incredible wealth for themselves and their families through

0:12.3

multi-family properties. So hit the like and subscribe buttons and get notified every Monday when a new episode comes out. Let's get to it.

0:19.9

Welcome back to multi-family rock stars. So this is where we interview people that are crushing it in this business

0:26.1

and we show you guys the insights scoop into how multi-family investors are creating massive success in their businesses and then their lives and as always

0:34.2

I've got my co-host who's the director of our massive action team for our War Your Mentorship group Mark Nagy on the call mark. What's up brother?

0:41.2

Hey Rod, not too much. She's been super excited lately. High energy coming off that bootcamp from you last month with

0:47.7

800 plus people and so we've just been working with a lot of amazing people week after week and just a lot of good people looking to change their lives.

0:55.9

So I'm loving it. Yeah, no, it's it's really going well. We, you know, one of the warriors closed on 172 unit yesterday

1:04.3

and we're actually closing on a 269 today. But listen, let's get to our guest. Super cool guy. He's he joined our War Your program. I don't have to find out when

1:14.5

but his name is all for Fernandez and he's in the he was in the construction business still in the construction business. When he joined the program, he had seven units. He now has just under a thousand.

1:23.5

So we're going to dig into that but super nice guy. I got a baby girl. Oliver, welcome to show brother.

1:29.0

Hey, Rod, I know and I appreciate it both you and Mark. You said, Mark, you mentioned change your life in Rod's program totally changed the outlook of my life.

1:37.5

I feel like I was just like I was I was successful, but I was just like so tunnel vision and I went to his vent and I was like totally

1:45.3

exploded my like vision for like what was possible and what I can do, you know, I really appreciate that to. Yeah, no, no, no love it. Now listen, you know, I mean, you're a real force in the War Your program as well because you're very motivated and and and you know, you're motivating other people which is just so incredible. That group just everybody's helping each other but you really go above and beyond on that. But before we go there, give us your story. Talk about, you know, how you started in the real estate business and even pride.

2:15.3

Prior to that just give us a little background if you would let's go there first. Yeah, I appreciate that. So I got a new, you know, real estate in 2008. I bought my first like property. I thought I was going to be this big real estate guy and it was a condo and I like for me, it was like all about like growth and and just like getting better and and trying to figure it out. And when I mean that figure it out, I like it brings you back to like my childhood and like

2:45.7

I remember I was like struggling at baseball and you know, I grew up with my mom and three sisters. So like I didn't have someone like playing catch with me like throwing like line drives to me. So like all I did is I used to play catch the like throwing the ball up in the air and catching it with one hand and throwing it up in the air and catching with the other hand.

3:02.7

So like, I remember like this one game I had right and I was I was struggling at the time. So like, you know, like just catching stuff. So I was practicing that throwing up one hand and catching with the other hand.

3:14.9

And then the picture stepped up to the plate through it to the through it home and the batter hit it and it was coming right to me and I was running right under it. And I'm like, my coach is yelling all over two hands, two hands. And the reason why he was doing that is because they always taught to catch the ball with two hands.

3:33.1

And like I didn't have my dad around. So like I didn't have someone throwing the ball to me. I was throwing on one hand and I was catching with the other. So I get under the thing and I and I catch it with one hand.

3:43.4

And then I throw it home and I get the guy out at home. So like, that's just kind of been my whole thing in life is just kind of like figuring it out, learning and growing. And yeah, there's mistakes. But like, you know, just keep moving forward. So that that condo that I bought. I first bought. I made so many mistakes in that property.

4:00.5

It was unbelievable. I first off, I bought it and it was fully renovated. And I was construction guy. I bought a fully renovated property at the top of the market in 2008. So you can only imagine the pain that I went through.

...

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