Podcast#072 – Interview with Rod Khleif, Multi-Family Home Investor

Rod Khleif shares his story about how he began as a multi-family home investor, beginning his journey in Denver, Colorado. He shares his struggles, his experience and his successes. Here are some of the topics we discuss in this episode:

  • Multi-Family Home investor market was founded in the 2008 crash “Hans Solo Moment”
  • MFH has all the repair crews in house
  • In 2008 rents did not go down but the vacancy did
  • Two months is the typical turnover
  • As a C and D class multi-family home investor, you will need to pay for 2000-3000 per turnoff effectively wiping out your cash flow
  • Failures are just seminars that teach us
  • Don’t flip in the high end (A and B class)
  • Don’t get a MFH 5 year balloon, instead get a 7-10 year term
  • VAs is calling Apartment Owners – Use county assessors office then Secretary of State to get mailing address, lookup phone numbers
  • For discount Tony Robbins tickets to “UPW” four day event email Lane@SimplePassiveCashflow.com

Thank you Rod Khleif for joining us on Simple Passive Cash flow!

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