meta_pixel
Tapesearch Logo
Log in
Lifetime Cash Flow Through Real Estate Investing

Ep #969 - MFRS - Real Estate Creative Financing, Hidden Deals, and Navigating City Laws

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Education, Investing, Business

4.61.4K Ratings

🗓️ 7 June 2024

⏱️ 40 minutes

🧾️ Download transcript

Summary

Al Sidhom has been involved in real estate since 1999. The son of Egyptian and Lebanese immigrants, he was raised with a strong work ethic and big dreams. Growing up in Brooklyn and Dallas, he later graduated from Loyola University in New Orleans. Over the past 25 years, Al has renovated over 10 homes, managed 25+ properties, and facilitated more than 100 real estate transactions. With a Master's in Counseling and a license as a Professional Counselor, he expertly navigates the challenges and anxieties of real estate transactions. Al is passionate about revitalizing properties, empowering lower-income clients to achieve homeownership, and mentoring others to reach their full potential.

 

Here's some of the topics we covered:

 

  • Al's Journey to Real Estate Investing 00:00

  • Impact of Hurricane Katrina 5:37

  • Finding a Great Deal in a Challenging Neighborhood 8:23

  • Getting the Seller to Cover Closing Costs 12:38

  • Rod's Near-Mugging Experience in New Orleans 18:51

  • Navigating City Administration in Real Estate Deals 23:38

  • Pros and Cons of Section 8 Housing Deals 28:18

  • Defining Financial Freedom 32:50

 

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.


For more about Rod and his real estate investing journey go to www.rodkhleif.com

Transcript

Click on a timestamp to play from that location

0:00.0

So he gave me a $600,000 loan on a 575 deal.

0:06.4

And so I got 25,000 extra for renovations.

0:11.4

I got 25 from the seller for closing costs, and then I got 35 from the deal I sold.

0:18.4

So I actually bought this without any true cash coming out of my bank account.

0:25.0

So you know that apartment building or complex you drive by every day?

0:31.0

Someone owns it.

0:32.0

And it's probably someone on this

0:33.7

podcast. Multifamily rock stars join the growing numbers of real estate

0:38.1

entrepreneurs who have made the jump to buying multi-family properties for

0:41.5

lifetime cash flow,

0:43.1

multi-family rock stars,

0:45.0

using OPM for an O-M-G ROI.

0:48.6

Now, here are your hosts, Rod Cleef and Mark Nakey.

0:55.0

Welcome back to Multifamily Rockstars.

0:57.0

So as you guys know, we dive deep in these episodes into our guest deals.

1:01.0

We got kind of a unique deal today which is I'm kind of

1:03.9

excited to talk about. We did a little pre-frame before we started recording and

1:07.4

you know so you know what we want to do in these deals is even if you're brand new to multifamily give you some

1:14.8

tools and some strategies to get started immediately even if it's your first deal and I've got my co-host

1:20.3

Mark Nagy with me as usual.

1:22.3

Yeah right good to seey with me as usual. Yeah, right, good to see.

1:23.4

I'm excited as well, converting some multi-family property

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Rod Khleif, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rod Khleif and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.