Financial Freedom with Real Estate Investing MB 201: The Truth About Limiting Beliefs – With Rod Khleif
What excuse are you using to explain why you haven’t gotten started with multifamily? Too young? Too old? No money? No experience? No time? What if those limiting beliefs are nothing more than a story you’re telling yourself to justify a lack of action? What if you could overcome those beliefs TODAY and take the first steps toward financial freedom?
Rod Khleif is a multifamily investor, business consultant and high-performance coach with a passion for giving back. He serves as the host of the iTunes top-ranked podcast Lifetime Cash Flow Through Real Estate Investing and author of How to Create Lifetime Cash Flow Through Multifamily Properties, a must-read for aspiring investors. Rod has built several successful multimillion-dollar businesses, and he is known as one of America’s top real estate investment and business development trainers.
On this episode of Apartment Building Investing, Rod joins me to offer insight on what’s really behind the limiting beliefs that keep us from getting started in multifamily and share his responses to some of the most common excuses aspiring investors give. We discuss the burning desire and positive expectation that successful investors have in common, and Rod explains how he deals with setbacks and challenges. Listen in for Rod’s take on the top habits of highly successful people and learn to leverage gratitude to succeed in multifamily real estate!
Key TakeawaysRod’s insight on what’s behind limiting beliefs
- Stories we tell ourselves (circuit breakers)
- Justify lack of action
Rod’s response to ‘I don’t have time right now’
- Not important enough to you
- Priorities vs. time management
Rod’s response to ‘the market is too hot’
- Must really want it, be willing to hustle
- 500 doors under contract in 3 states
Rod’s response to ‘I don’t have any experience’
- Now = BEST time to learn multifamily
- Market correction will bring opportunity
Why it’s crucial to celebrate progress
- Recognize growth as person
- More important than goals
What successful people have in common
- Burning desire
- Positive expectation
How to deal with the inevitable setbacks
- Exercise to mitigate stress
- Focus on what you want
- Surround self with right people
The habits of highly successful people
- Take first step
- Commit to outcome
- Play to strengths
- Passion & influence
- Peer group
- Tenacity/grit
Rod’s advice for aspiring multifamily investors
- Gratitude = most important emotion
- Remember why love life every day
Connect with Rod Khleif
The Lifetime Cash Flow Through Real Estate Podcast
Text PARTNERSHIP to 41411 for Rod’s Partnership Questions
Text THINKING to 41411 for Rod’s Gratitude Prompts
Text ROD to 41411 for Rod’s Due Diligence Checklist
ResourcesThe 5 Love Languages: The Secret to Love That Lasts by Gary Chapman
Three Feet from Gold: Turn Your Obstacles into Opportunities by Sharon L. Lechter and Greg S. Reid