Ep #924 - MFRS - 34-Unit Acquisitions with Zero of His Own Money
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.6 • 1.4K Ratings
🗓️ 9 February 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
Chris, an entrepreneur since age 7, went from door-to-door candy sales to managing large events by 17. A move to manage a bowling center at 23 unknowingly sparked his real estate journey. In 2019, he and his wife ventured into real estate, owning 6 units by 2021. By day, he works for the world's largest bowling equipment manufacturer. Chris and his wife now solely own 30 units, host the "Way to Wealth through Real Estate" meetup, and have acquired 19 units without using their own money.
Here's some of the topics we covered:
Chris's Background In Bowling Centers
The Warrior Program's Effect On Chris
The Importance Of Having a Great Partner
Creative Deals That Chris Has Put Together
Getting Alerts For Local Multifamily Properties
Knowing How To Properly Manage A Property
Why You Should Have Relationships With Local Banks
How Great Tenants Affect The Property
If you'd like to apply to the warrior program and do deals with other rockstars in this business: Text crush to 72345 and we'll be speaking soon.
Transcript
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| 0:00.0 | So you know that apartment building or complex you drive by every day? Someone owns it and it's probably someone on this podcast. |
| 0:11.0 | Multifamily rock stars. Join the growing numbers of real estate entrepreneurs who have made the jump to buying |
| 0:16.3 | multi-family properties for lifetime cash flow. |
| 0:19.0 | Multifamily rockstars, using OPM for an O. M. G. R.O. I. I know here are your hosts |
| 0:26.5 | Ron Cleef and Mark Nakey. Welcome to the new version of multi family rock |
| 0:31.5 | stars and because we've gotten so much feedback from you guys |
| 0:34.0 | and we're always trying to make things better we decided to make these episodes |
| 0:38.1 | really more deep dives into our guests deals and you really give you more practical and actionable items for getting started |
| 0:45.6 | and doing your first deal, especially if you're new to multifamily. |
| 0:48.8 | And of course, I've got my co-host Mark Nagy on with me. |
| 0:51.6 | Mark what's happening brother? |
| 0:52.8 | Hey Rod good to be here especially with a guy who speaking of deals |
| 0:56.0 | I just invested on one of his deals so I'm excited to get into some of this stuff |
| 0:59.4 | with him. Oh that's right that's right I forgot about that Yeah, we've got Chris Moyer on today, |
| 1:03.8 | and Chris is, he's in about 59 doors, I believe, |
| 1:09.3 | so far, and what's interesting about Chris |
| 1:12.2 | is he's very creative. |
| 1:13.2 | He's done some very creative deals, creative financing, you know, like no money down kind of stuff. |
| 1:18.8 | So I'm really excited to dig into that. |
| 1:20.8 | Welcome to the show, brother. |
| 1:21.8 | Thank you, Rod. |
| 1:22.4 | Thank you, Mark, for having me. Absolutely. So why don't you take a few minutes and |
... |
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