Welcome back to another exciting episode of “Real Estate Raw.” Today I have the privilege of being joined by a fantastic real estate mind. Rod Khleif is a passionate real estate investor who has been a mentor to me in this business. He joined us to talk about a number of topics, including the real estate market, his charitable works, and of course, real estate investment. Here’s an outline of our conversation, with timestamps so that you can skip ahead to the sections(s) that interest you the most:
1:45- Mistakes investors can make by rushing into their first deal and how to fix them.
4:30- Why investors shouldn’t ignore secondary and tertiary towns.
7:20- Why Rod believes so many investors give up too early.
13:15- The importance of networking with brokers for multi-family property investors.
15:40- Why buying a property in a one-employer town could lead to tragedy for an investor.
22:00- Rod’s thoughts on LoopNet and the deals you may be able to find there.
24:55- Why Rod believes seller financing is a great investment strategy.
28:10- Good buy criteria for new investors who want to own a multi-family property.
31:30- Why analysis paralysis is a death sentence in this business.
Thanks again to Rod for joining me. His knowledge and experience were invaluable to me in my career and I hope he can help you in your career as well. If you have any questions for Rod, feel free to reach out to him at his website or via his email, info@RodKhleif.com. If you have any other questions for me, don’t hesitate to reach out and give me a call or send me an email. I look forward to hearing from you soon.