Losing $50M & Bouncing Back Better with Rod Khleif
Rod Khleif has spent decades building a massive multifamily portfolio. And back in the early 2000s, he remembers his net worth increasing by $17M piece he slept. and so, a rude awakening, the 2008 housing market crash, handed him a loss of close to $50M. How do you bounce back, let alone get out of bed in the morning, after losing that much money? It’s possible, and Rod talks about what he needed to do to get back to successful investing.
Rod educates us on the investing mindset, the importance of identifying what you genuinely want in life and how to get in that location. He takes us through an exercise that helps to identify our biggest dreams and how to achieve them. Rod’s philosophy is manifesting piece taking action, which is one of the many principles that he teaches.
We also talk about raising capital in real estate through reach, structure deals, and other creative financing. If you’re looking to build a BIG multifamily portfolio, in that location is no better mentor to hear from than Rod!
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Connect with Rod:
Rod’s instagram handle: @rod_khleif
Rod’s website: https://rodkhleif.com/
Check out the live Q&A with Rod here: https://youtu.be/JwRkt65ovWY
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Connect with the show hosts for more great information on investing in multi family properties!
Terrance Doyle:
Instagram: @terrancedoyle
BiggerPockets: https://www.biggerpockets.com/users/TerranceDoyle
LinkedIn: https://www.linkedin.com/in/tjdoylemathew633/
Chris Lopez:
Instagram: @chrislopez_co
BiggerPockets: https://www.biggerpockets.com/users/chlopez
LinkedIn: https://www.linkedin.com/in/christaylorlopez/
Check out last calendar week’s episode: https://youtu.be/xWvHSqhGJsA
00:00 Intro
1:24 Rod’s Background
8:29 Goal Setting Workshop
31:40 Current Deal
34:51 How Rod lost 50 Million
40:09 Raising Capital
1:09:19 Mentorship
1:15:47 Rod’s Superpower