Ep #935 - The Power of Integrity - Own Your Power Success Tip
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.6 • 1.4K Ratings
🗓️ 8 March 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
Welcome to Own Your Power, where integrity is the compass guiding your journey to success in every aspect of life. In this episode, we unravel the transformative force of unwavering integrity. Learn how acting honorably, making choices based on moral principles, and staying consistent in words and actions bring about a life of completeness and oneness. Discover the courage needed to do what's right, even when faced with resistance. Success, as explored here, is not just about achieving goals but doing so with integrity as the cornerstone. For more about Rod and his real estate investing journey go to www.rodkhleif.com
Transcript
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| 0:00.0 | So let me ask you a question, how do you operate in life? |
| 0:03.2 | What do I mean by that? What principles or core values do you live by? |
| 0:07.7 | Now the number one core value in all of my businesses is integrity. |
| 0:11.6 | For example, in my acquisition business, Cre Capital, we operate |
| 0:14.8 | with complete transparency and integrity and this is what our investors deserve and expect. |
| 0:20.0 | Now integrity of course is incredibly important in life in general but especially in this |
| 0:24.2 | multifamily business. You may not realize it but multifamily business is a very small circle |
| 0:28.7 | nationally and just about everybody that's doing it well knows everybody else and if you don't operate with |
| 0:34.0 | integrity it comes out pretty quickly |
| 0:36.6 | now integrity happens to be the topic of this week's own your power clip because it's so |
| 0:40.4 | freaking important now by the way on a side note distressed assets are hitting |
| 0:45.1 | the market right now. If you're an accredited investor we've got a beautiful |
| 0:49.2 | asset in San Antonio under contract. The 200 unit was listed for 28 million previously |
| 0:55.1 | actually under contract for 26 million. Contract fell through so it was under |
| 0:59.1 | contract for 26 million. We're only paying 20 million. We're paying 100,000 a unit. The property right next door to this one sold for $137,000 a unit to give you an idea of the incredible value here. |
| 1:10.3 | And then it's about a mile away from another 296 unit asset that we already own. |
| 1:15.0 | So we know this area well, we love it. |
| 1:17.0 | And this new property, the units are larger. |
| 1:19.0 | They have fireplaces, washer, dryer hookups, |
| 1:21.0 | and this property actually sits on a beautiful lake the 38 of the units are lakefront and so what's even better is we're assuming a low interest rate loan of 4% so we're assuming this loan we got great great interest rates, only got seven years left. |
| 1:33.7 | So if you're accredited, get on a call with our team or register on our portal. |
| 1:37.7 | Just text the word partner to 72345 or go to C-R-E-E-C-E-C-E-C-E-C-E-C-E-C-E-C-E-C-E-C-E-C-E-C-C-E-C-C-E-C-C-E-C-C-T-E-C-T-E-C-C-T-T-E-C-T-T-E-C-C-T it is a screaming deal. All right, let's get to it. |
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