Lifetime Cash Flow Through Real Estate Investing

 In this Episode You Will Learn :  How morning rituals are an important exercise for your success. How invoicing your tenants can be effective in collecting rent. Why people are choosing ACH (Automated Clearing House) to pay their rent. Creative strategies to collect rent from tenants. What is Pay Near Me? How to mitigate problem tenants from the beginning. Why sitting down with the tenant during...

Here's some of what you will learn: The wealthiest people in the world are the ones who give more than they take. "To do more for the world than the world does for you - that is success."  - Henry Ford Service and helping others is the rent you pay for your space on this earth and in life. Remember the next time you think, "Why didn't somebody do something about that?" Remember, you are that someb...

 In this Episode You Will Learn :  Meghan has spent 14 years working as a firefighter and then went into real estate. Why a great way to get started in this business is by buying a plex and living in it. How to rent a property out on Airbnb if the city has a law against it. When investing in multifamily, it could be less work than single family because you will have a team. Don't be afraid of larg...

  Here's some of what you will learn: Grit, courage and resolve; strength of character. Grit is the mental toughness to push through to success in spite of the odds. Dreams become reality when you embody the discipline of grit. Grit doesn't show up in a sprint, it shows up in a marathon. Grit is getting back up each time after you've been knocked down and changing your approach. Grit is mastering...

  In this Episode You Will Learn :  Why you should pay close attention to deals in areas you are not familiar with. The type of areas that would be great for 1 bedroom apartments. The criteria to go by when checking demographics. Why investing in a town that has under 5k population is risky. What to pay attention to when the $/door is low. Why a 5 year balloon is risky at the current markets state...

Here's some of what you will learn: Accepting 100% responsibility for your actions, being totally accountable for your results, and taking 100% ownership of your life, including any mistakes you make is one of the biggest secrets to success. "Taking complete ownership of your outcomes by holding no one but yourself responsible for them is the most powerful thing you can do to drive your success."...

  In this episode you will learn : Why an analytical and outgoing personality is required to invest in multifamily. Reasons to keep your day job and invest on the side. Keep in mind when dealing with Fannie Mae and Freddie Mac there are net worth requirements. How to keep your investors happy Why you should communicated with your investors no matter the circumstance. Reason to host an investor fun...

  Here's some of what you will learn: Deliberate practice focuses on continual improvement Practice is a prerequisite to success in any area of your life "We are what we repeatedly do. Excellence, then is not an act but a habit." – Aristotle The difference between ordinary people and extraordinary people is how hard they practice Talent or IQ isn't enough, you need skill and skill comes from pract...

From high school teacher to real estate investor Wholesaling a mobile home park for a $70,000 profit The most important aspects of due diligence How Todd found all of his deals Why Todd called over 100 banks in order to continue this business How Todd saves money on showing agents How Todd maintains broker relationships How Todd uses management companies on smaller multifamily properties Why small...

Here's some of what you will learn: Mental strength provides your ability to push through adversity, fear, and failure without losing enthusiasm. Never underestimate the strength you have inside you. "Strength does not come from winning, your struggles develop your strength." – Arnold Schwarzenegger When you go through hardships and decide not to surrender - that's strength. Become more and more c...

Brian Hennessey - Learning how to properly conduct due diligence saves investors a ton of time, money, and headaches. Brian is author of The Due Diligence Handbook For Commercial Real Estate. Brian shares the vast majority of investors, real estate brokers and commercial real estate professionals barely scratch the surface conducting their due diligence when purchasing real estate investments.    ...

  Here's some of what you will learn: Mastering others is strength; mastering yourself is true power." Lao Tzu. Self-mastery is having a discipline around learning, self-actualization, and personal growth. Self-mastery is about growth, not perfection. Your destiny is shaped in making decisions. Self-mastery includes mastery over your thoughts. Self-mastery leads to - Flow. "One can have no smaller...

 Here's some of what you will learn: Picking your market. Building a $10,000,000 fortune from scratch in his 20's and then lost it all because of ego, greed and speed. Asking better questions. Email Ron@RodKhleif.com  to receive a list of Rod's questions. The benefit of writing and journaling. In the the face of gratitude and action, fear flees. How interest rates effect real estate investing. Wha...

Here's some of what you will learn: "With self-discipline most anything is possible." - Theodore Roosevelt The bridge between your dreams and goals and ultimate success is discipline. Discipline is a choice between what you want right now and what you want the most. Motivation will get you started, discipline will bring you home. Discipline, not desires shape your destiny. A successful and happy l...

  Here's some of what you will learn: Due diligence of the acquisition process Important things you have to do prior when going to contract. Why brokers will help you find the best assets. How to get brokers to bring you deals. Update your broker every 3-4 weeks Show your broker that you have proof of funds. Let your broker know if you are interested in the deal they bring you within 72 hours. Hav...

  Here's some of what you will learn: Everything begins with a high level of consciousness and a dream Eliminate limiting beliefs Dream big Write it down Visualize it as if you already have it Your desire to succeed must be greater than your fear of failure Success doesn't come from one event, it comes as a result of many small steps The key is taking that first step A small step of action can bec...

  How to raise capital in a tough market. What is a Family office? Core principles when dealing with investors. Treat your investors money like it's your own Be prepared to ask the hard questions. Always do the right thing. What are loan covenants? Never buy based on the pro forma. Learn how to analyze the numbers. What are Pitch Books? How to set up a Pitch Book. How to acquire private lenders. W...

Here's some of what you will learn: Inspiration is the process of being mentally stimulated to do or feel something, especially to do something creative. Success is created by being inspired. You don't have to wait for inspiration to start something new – just get started, the inspiration will come. Life is short, do thinks that matter. Inspiration is around you, look for it. Get outside your comf...

Here's some of what you will learn:   Flipping property is a great way to make money to invest in income producing assets. When you should leave a comfortable job. Paul's 3 Rules when investing in Real estate. Buy where you know, asset must cash flow, and add value. When you should invest in a gentrifying neighborhood. How to associate pleasure with investing. Why you should add "with ease" at the...

  Here's some of what you will learn: "Words have a magical power. They can bring either the greatest happiness or deepest despair; they can transfer knowledge from teacher to student; words enable the orator to sway his audience and dictate its decisions. Words are capable of arousing the strongest emotions and prompting all men's actions." - Sigmund Freud "Words have the power to both destroy an...

Here's some of what you will learn:   How to increase the NOI on a property. Reasons why you should look into the expense ratio on a property. Multifamily lives and dies by how well the property is managed. Anytime you see an expense ratio over 50%, that is an opportunity. Pay attention to the economic vacancy and economic occupancy based on the trailing 12 profit and loss statements. Focus on cas...

Here's some of what you will learn: Nothing is impossible with passion, discipline, and determination. The difference between what's possible and what's impossible is found in determination. "Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not:...

Here's some of what you will learn: "Every human life contains potential. If that potential is not fulfilled, then that life is wasted." – Confucius "If we all did the things we are capable of, we would literally astound ourselves." – Thomas Edison What would you attempt to do if you knew you could not fail? Our diligent ongoing efforts unchain our potential, not our strength or our IQ – it's our...

  Involved in over 1000 lots in mobile home parks. Mobile Home Parks vs. Apartments. There will always be deals. Mobile home parks rent is similar to D class properties. Mobile Home Parks have the lowest default rate of any commercial asset type. Average lot rent for mobile home parks. Why mobile home parks have a bad reputation. Managing mobile home parks. Should mobile home parks own the homes?...

Here's some of what you will learn: Take 100% responsibility for your life, even when you fail. Always take the high road, even when facing adversity. Be confident, not cocky. Know yourself and have self-discipline. You are the combination of the 5 people you hang around the most. Know your strengths and weaknesses, don't be afraid of your weaknesses. Command respect, not attention. Smile more oft...