In this week's episode of the Multifamily Wealth Podcast, I had the privilege of sitting down with the one and only Rod Khleif, host of the #1 commercial real estate podcast, Lifetime Cashflow through Real Estate Investing.Rod shared his incredible journey, from immigrating to the US with his family at age 6, to building a massive real estate portfolio, losing $50 million in the 2008 crash, and rebuilding his wealth to where he is today. The lessons he learned along the way are priceless.In this episode, we dive deep into: - The mindset shifts that helped Rod bounce back from his $50 million loss - Why you should fear regret, not failure - The importance of finding your "why" and creating a burning desire to succeed - Why real estate is the best hedge against the coming economic tsunami - How to prepare yourself to capitalize on the coming distressed asset opportunities - Key differences between doing small multifamily deals vs large apartment complexesRod also shares details on his upcoming 3-day Multifamily Bootcamp event in Orlando this November. As a speaker at this event, I can vouch that it will be an incredible opportunity to build your network and learn from the best in the business.Use the code "AXEL" to get your ticket for only $197. Trust me, if you have any interest in scaling your real estate investing, you won't want to miss this.Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate PartnersConnect with Rod:Follow him on InstagramConnect with him on LinkedInVisit him on X (formerly Twitter)Check out this free resourcesSubscribe to his podcast

Learn the five essential steps to uncover off-market multifamily deals in just 90 days. Discover how to define your acquisition criteria and implement effective marketing strategies. Dive into the importance of skip tracing and over-delivering in your efforts. Establishing a strong local brand can set you apart in the competitive market. Finally, understand why long-term commitment to direct-to-seller marketing is crucial for success. Perfect for new and existing investors alike!

Are you falling into the death spiral of overpaying for properties? In this episode, we uncover the five major challenges investors face when they pay too much upfront. From financing hurdles to operational headaches, we dive deep into the negative downstream effects of overpaying and how it impacts your ability to scale your real estate business effectively.Buying properties at the right price is not just about getting a good deal upfront. It’s about setting yourself up for long-term success and scalability in your real estate business. This episode will help you identify the core issues that can derail your investments and provide strategies to avoid these pitfalls.Key Takeaways: - Sourcing, Financing, and Equity Challenges: Understand why securing the right price from day one is crucial for favorable financing and equity terms.- Renovation Pitfalls: Learn how overpaying can lead to cutting corners on renovations, which can have long-term negative effects. - Management and Operational Issues: Discover how paying too much can exacerbate management challenges and operational costs. - Time and Attention Drain: Find out why overpaying demands more of your time and pulls you away from finding new deals. - Prolonged Capital Recycling: See how overpaying prolongs the time it takes to pull your money out and reinvest in new opportunities.To celebrate our milestone of 250 episodes, we're offering a special discount on our courses - the 7-Day Multifamily Course and the Off-Market Multifamily Deals Course. Use code 250OFF to get a significant discount on these courses, which are packed with over 10 hours of content each. This is an incredible opportunity to gain valuable knowledge at a fraction of the price, so grab our offer which is valid until the 27th of August.Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Welcome to the 250th episode of the Multifamily Wealth Podcast! In this special milestone episode, we take a trip down memory lane, reflecting on the incredible journey over the past four years. From poorly constructed episodes with a terrible mic to becoming one of the highest-rated commercial real estate podcasts, it's been an amazing ride!In celebration of this milestone, I've recorded a special podcast episode in which I reflect on the podcast's evolution, share insights into our real estate business growth, and discuss exciting plans for the show's future.I also have some exciting news to share with you all. To mark this occasion, I'm running a very special promotion on our two flagship programs - the 7-Day Multifamily Program and the Off-Market Multifamily Deals Program. By using the code 250OFF at checkout, you can enjoy a $250 discount on both courses. This offer is valid until August 27th, so don't miss out on this opportunity to level up your multifamily investing knowledge.Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Are you curious about how we closed 16 deals in just 12 months? Dive into this episode where we reveal the secrets behind our successful multifamily acquisitions!In this episode, we break down the sources of our deals, including cold calls, direct mail, and brokered listings. Discover the average length from initial contact to close, the different deal structures we use, and the average age of the sellers we've worked with. Gain valuable insights into our strategies and learn how we navigated the multifamily market to secure these properties.Key points covered: - Sources of the 16 deals: Cold calls, direct mail, expired listings, broker referrals, and more - Average length from initial contact to close: Just under six months, with variations based on deal types - Deal structures: No contingency deals, standard terms, and a seller finance deal - Average age of the sellers: Around 60 years old, indicating a trend in the seller demographicAre you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

This episode is a bit different from our usual content as I'm reposting an episode I recorded on Rod Khleif's podcast, "Lifetime Cashflow through Real Estate Investing." Rod's podcast is a giant in the commercial real estate space, boasting almost 1500 views, millions of downloads, and over 900 episodes.In this special episode, I flew down to Florida to join Rod and discuss building a robust pipeline of off-market deals for multifamily investors. The conversation is packed with tactical tips and strategies to help you find more off-market opportunities.I wanted to share this episode with my audience to ensure you all benefit from the valuable insights we discussed. Even if you've already listened to my appearance on Rod's podcast, I recommend giving it another listen due to the highly tactical nature of our discussion.What you’ll learn in this episode: - The importance of building long-term relationships with property owners - Strategies for direct-to-seller marketing, including direct mail, cold calling, and email - How to establish credibility and trust with potential sellers - The role of property management companies, brokers, and other key deal finders in sourcing off-market deals - Tips for building a robust network of contacts in the real estate industry - The significance of seller financing and how to negotiate favorable terms - Tools and resources for pulling property data and managing relationshipsAre you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Are you tired of wasting time on deals that just don't add up? In this episode of the Multifamily Wealth Podcast, we reveal four back-of-the-napkin underwriting checks that will revolutionize the way you evaluate real estate opportunities.Key takeaways: - Learn how to quickly assess deals using price per unit, rent vs. purchase price, yield on cost, and all-in cost vs. stabilized value - Understand the importance of these checks in saving time and making efficient investment decisions - Discover how to develop an intuition for deal evaluation through repeated practice and note-takingAre you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Are you making these three critical mistakes in multifamily underwriting? Find out how small tweaks in assumptions can turn a bad deal into a good one on paper. In this episode, we dive into the big three assumptions that can make or break a multifamily investment.We explore the impact of rent growth, exit cap rates, and projected rents on projected returns in multifamily underwriting. Discover how slight adjustments in these assumptions can significantly alter the perceived viability of a deal. Learn why getting these three assumptions right is crucial for both LPs and sponsors in the multifamily space.Key points covered in this episode: - The compounding effect of rent growth over the hold period - Manipulating exit cap rates to influence terminal property value - The critical role of projected rents in determining NOI and overall returnsAre you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Are you ready to learn how multifamily investment has evolved over the last eight years? In this episode, we look at the five major trends that have altered the landscape of multifamily real estate investing. From the emergence of smart sellers to the influence of technology on property management, we look at how the sector has changed and what trends will shape its future. Join us as we unearth the most important changes that every multifamily investor should be aware of.Key points covered in this episode: - Decrease in unsophisticated sellers and owners due to abundant educational resources - Lower yields in multifamily investments with increased market efficiency - Advancements in property management technology and the rise of AI solutions - Rapid growth in the use of virtual talent for real estate businesses - The transformative role of social media in raising capital, building partnerships, and establishing credibilityAre you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Discover the shocking trends shaping the multifamily market in this eye-opening episode! From massive discounts on premium properties to the plunge in multifamily starts, we uncover the latest market news that will leave you rethinking your investment strategies.In this episode, we dive deep into three key trends impacting the multifamily sector. Firstly, we explore how lower cap properties are trading at significant discounts, affecting the market nationwide. Secondly, we discuss the drastic plunge in multifamily starts over the past year and its implications on rent growth. Lastly, we analyze the surprising increase in average lease terms signed by tenants and how it's influencing landlord strategies.Key points covered in this episode: - The impact of interest rates on property values and cap rates - The future of rent growth in light of reduced new developments - Strategies for signing longer leases to maintain occupancy and income stability.Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedInSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners