Ep #725 - The Power & Success That Comes Through Sacrifice - 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

🗓️ 16 August 2022

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s not what you’re willing to do to become successful, it’s about what you’re willing to give up and sacrifice. I can’t think of anything more painful than being stuck somewhere you hate in your life. If you’re not willing to sacrifice for what you want, then sadly what you want will be sacrificed. Don’t sacrifice an amazing fulfilling amazing life for a short term good time. Own your power with this Success Tip.

Transcript

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0:00.2	So I am excited. Why am I excited? Well, in the last year, my partner, Scott and I have only
0:05.6	about one asset, a beautiful 296 unit asset in San Antonio that broke even day one at 59% economically
0:13.8	occupied. And of course, it's a lot better than that, even now with our rent increases.
0:18.0	Now, we've been very close on deals. We've been in the best and final in the bidding process
0:23.0	only to be shocked at what they ultimately sold for. So why am I bringing this up? Well,
0:28.3	I'm bringing this up because things have really opened up. Sellers are being more realistic. And
0:33.2	now we've got an incredible B class, beautiful 145 unit asset and Nashville under contract.
0:39.2	See, this thing was built in the mid 90s. The returns we're projecting are just fantastic.
0:44.4	So if you're accredited, you should absolutely check it out. Text the word partner to 72345.
0:50.7	And you can watch the webinar we did on it or you can get on a call with my team. That's a very
0:55.4	conservative deal. We're putting new 60% loan to value debt on it. And it's got long term fixed
1:02.6	interest rate. That's right. You heard me right. Only 60% loan to value. And even with that debt,
1:07.6	we're projecting an 8 to 10% cash on cash return a 16 to 19% internal rate return in 20 to 22% AAR.
1:15.8	So if you've got money sitting there, don't let inflation eat it up. This is a good one.
1:20.4	And an incredible hedge against inflation. So don't wait. It will fully subscribe quickly. So
1:25.5	again, text partner to 72345 or you can go to CRE capital, CRE capital. And we'll talk soon.
1:33.7	All right, let's get to it. So normally during these on your power clips, I talk about the things
1:39.3	you have to do to become successful. Well, today I want to talk about the things you have to give
1:44.1	up to get that power and success. We're going to talk about the power and success that comes to you
1:49.2	through sacrifice. Now in other words, just being willing to give up and make some sacrifices now.
1:54.9	So you can ultimately live that magnificent life you deserve. What many people don't realize is that
2:00.0	one of the most important decisions around achieving your goals and outcomes isn't around what
	...

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