Episode Description
Did you know that 80 to 90% of success in any endeavor, including real estate, hinges on mindset and psychology?
In this inspiring episode, Rod Khleif, a multiple business owner and philanthropist who is passionate about business, high performance, real estate, and giving back, shares his journey to success, emphasizing the power of mindset and the benefits of investing in multifamily properties. He highlights the significance of choosing the right peer group and offers strategies for building wealth through multifamily properties. Rod's superpower of communication shines as he motivates listeners to set clear goals and take action.
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[00:00 - 09:33] Rod Khleif's Real Estate Journey and Lessons Learned
Rod Khleif's inspiring story as a Dutch immigrant who found interest in real estate through his mother's investments
Rapidly building a vast real estate portfolio, Rod faced a $50 million loss during the 2008 financial crisis, learning the importance of tenant demographics
Rod's recovery journey emphasizes the role of mindset and psychology in real estate success
[09:34 - 21:41] Lessons in Courage, Focus, and Success from Rod Khleif
Rod Khleif shares how failures can be valuable learning experiences, encouraging listeners to embrace challenges and grow from them
He highlights the importance of courage and capital during economic downturns to seize profitable opportunities
Rod emphasizes that those with the right mindset and resources can make a fortune in times of opportunity
Setting clear goals, maintaining focus, and operating with passion are key factors for real estate success
Leveraging strengths and forming strategic partnerships are emphasized as essential for thriving in the multifamily market
[12:34 - 18:52] The Key to Success and Recovery
Rod Khleif emphasizes the crucial role of a supportive peer group in one's success across various life aspects, including health, happiness, and finances
He urges listeners to be proactive in selecting their peer groups, cautioning against defaulting to old school or work friends without careful consideration
Rod advises being prepared and getting up to speed quickly to seize the opportunities that may arise amid potential headwinds and challenges
[18:53 - 32:57] The Key to Success and Recovery
Rod Khleif's superpower lies in communication, nurtured by his avid reading habits and extensive vocabulary
Reflecting on his biggest failure, Rod shares the lessons learned from his first marriage, emphasizing the importance of selection and finding true happiness
Philanthropy takes center stage in Rod's life as he discusses the transformative power of giving back, having fed thousands of families and provided school supplies to local children
Quotes:
"If you're listening and you're afraid of failing, fear regret, don't fear failure. We fail our way to success, and you never get attached to the vehicle. Your vehicle may fail or crash and burn, but you're not a failure, and it's super important that you distance yourself from whatever vehicle you're using." - Rod Khleif
"Life is about meaning, and you decide what meaning you place on something." - Rod Khleif
Connect with Rod through LinkedIn, Facebook, or visit http://www.rodkhleif.com,
Bootcamp: http://multifamilybootcamp.com/ Code: Chad
Resources Mentioned: www.tinyhandsfoundation.org
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Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.
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