Investor · Indianapolis, IN · Member since 2015 · 764 posts · 953 votes
7y
I'm in his Mastermind: Multifamily Boardroom. Currently I own a large real estate company and still get some great value out being in his inner circle of real estate operators.
He's doing the "student army" approach to get deal flow (across the nation) just as many other educators are. My personal opinion: he's not the only one "doing it right" but he's definitely on the very short list of those that are.
Just my .02
note: I don't participate in his deals. I do my own. Just there to learn from the other big dogs in the room! ;)
Investor · Chicago, IL · Member since 2009 · 1k+ posts · 1k+ votes
7y
I just looked at his website. The first images of his website did not focus on real estate investments, but materialism. You see a boat jetting across the bay and then he walks into a luxury house. And then it pans to a luxury car. He's selling real estate education, from the looks of his website.
Investor · Front Royal, VA · Member since 2013 · 586 posts · 418 votes
7y
@Mike Vu I've never done a deal with him, i'm focused on syndicating for my own passive investors.
However, he had a good reputation in the multifamily community. He's an educator and does make money selling education, but like most of the others doing this, he began by doing deals. I wouldn't hesitate to consider it, but the same fundamentals still apply. You need to double check underwriting, conservatively project disposition, and stress test the metrics. Doesn't matter if it's his 10,000th deal or his first, same fundamentals still apply.
Investor · Indianapolis, IN · Member since 2015 · 764 posts · 953 votes
7y
I'm in his Mastermind: Multifamily Boardroom. Currently I own a large real estate company and still get some great value out being in his inner circle of real estate operators.
He's doing the "student army" approach to get deal flow (across the nation) just as many other educators are. My personal opinion: he's not the only one "doing it right" but he's definitely on the very short list of those that are.
Just my .02
note: I don't participate in his deals. I do my own. Just there to learn from the other big dogs in the room! ;)
Investor · Cincinnati, OH · Member since 2022 · 34 posts · 13 votes
3y
I would highly caution against investing in any of Rod Khleif's deals. He makes most of his money selling education. I was almost about to join his warrior program but decided against it because of the guy who was super rude and arrogant.
I would highly caution against investing in any of Rod Khleif's deals. He makes most of his money selling education. I was almost about to join his warrior program but decided against it because of the guy who was super rude and arrogant.
strange you say that. I am an LP in two of his recent deals. Out of the 5 deals I am LP in, Rod's are giving me the top 2 returns (primarily due to fixed debt) while others, not so much but their returns do get accrued
I am in 2 of his deals and both are not currently paying a return. I think he spends most of his time on his coaching program, when he should be focused on his investors returns. He always talks about his deals being conservative, but there seems to be some big gaps in the underwriting, with the 2 deals I am in. I do understand all recent syndications are struggling with costs and tenants struggling to pay, so trying to be patient for now.