Multifamily Real Estate Investing - 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 while he slept. Then, 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 truly want in life and how to get there. He takes us through an exercise that helps to identify our biggest dreams and how to achieve them. Rod’s philosophy is manifesting while 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, there is no better mentor to hear from than Rod! ~~~~ 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 ~~~~ 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 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