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Lifetime Cash Flow Through Real Estate Investing

Ep #95 - After graduating college Ben Staples tells the story of educating himself on multifamily investing and taking action using owner-occupied financing through a state program to purchase his first 3-plex in the Boston area for $480,000.

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

🗓️ 6 February 2017

⏱️ 22 minutes

🧾️ Download transcript

Summary


Here’s some of what you will learn:

  • How being willing to do what others are not willing to do will lead you to success.
  • What is PITI?
  • The risks and/or rewards of inheriting tenants.
  • Looking at 150 deals before deciding to pull the trigger.
  • When to use a general contractor for rehab and renovations.
  • A tip to look for when checking out a contractor.
  • The best way to find the best vendors.
  • Great tips that help you take action.
  • A mentor relationship is give & get.
  • When is it smart to hire a property manager?
  • All businesses are made up of systems and people.
  • Book recommendation: “The E-Myth” by Michael Gerber
  • Book recommendation: “How To Create Lifetime Cash Flow Through Multifamily Properties” by Rod Khleif
  • Connect with me on Facebook at: Rod Khleif
  • Text ROD to 41411 or visit RodKhleif.com for a FREE copy of my book, “How to Create Lifetime Cash Flow Through Multifamily Properties.”

Our Guest:

To contact Ben Staples, email: [email protected]

Want to build Lifetime Cash Flow from Multifamily Properties?

If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

  • Recommended Resource

    • Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://rodkhleif.com/contact/
    if

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast.

0:05.0

This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment.

0:11.0

Your host, Rod Cleef, has owned over 2,000 homes and apartments.

0:16.0

And he brings experts in all aspects of real estate investment and management onto the show.

0:21.0

Now, here's your host Rod Cleef. I want to tell you guys my new website

0:28.2

is finally up. It's rodclif.com that's R.O D K H L E I F dot com that's r o d k h l e i f dot com and i've got a ton of videos on there that i know you'll enjoy

0:38.2

and if you haven't got my book yet it's titled how to create lifetime cash flow through multifamily properties there's a direct

0:44.4

download for the book on my website you know at some point I'm gonna be putting it on

0:48.5

Amazon and charging for it but you can get it for free right now via my website again that's rod cleave.com

0:57.4

all right let's get to it

0:58.7

welcome to another addition of how to build lifetime cash flow through real estate

1:02.4

investing I'm rod cleaf and as know how to build lifetime cash flow through real estate investing.

1:03.4

I'm Rod Cleef and as always I am thrilled that you're here.

1:06.7

This is going to be an interesting episode because you know you're used to, we're used

1:11.1

to interviewing people that have hundreds of units or

1:14.1

thousands of units or tens of thousands of units and today we're going to

1:17.5

interview a gentleman that has a triplex and I thought who better than to

1:22.0

relate to those of you guys that have never

1:24.3

purchased your first unit than somebody that just did so please welcome Ben

1:29.6

Staples to the show hey Ben how you doing buddy? Good, thanks for having me, Rod.

1:34.0

Absolutely.

1:35.0

Ben had sent me an email and said,

...

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