Ep #187 - David Sweeney a Seattle Police Lieutenant, Recently Purchased 24 Multifamily Units
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.8 • 1.4K Ratings
🗓️ 18 December 2017
⏱️ 41 minutes
🧾️ Download transcript
Summary
Here's some of what you will learn
- How to get out of the regular job and into the business for long term cash flow.
- Tips on how to stop analyzing deals and actually take action.
- Tips on analyzing properties to make sure you’re getting a deal.
- The benefits of purchasing from a seller who lacks information and records on a property.
- The benefits of getting an inspection prior to purchase.
- The benefits of having a motivated seller in order to secure a good deal.
- Reasons for re negotiating due to property issues.
- How to evaluate cash flow amounts and percentages.
- Tips on how to change your mindset to finally take action.
- The importance of goal setting before beginning.
- The distance from your home that is considered a good area to look for deals.
- Factors to weigh when determining increases in rent prices on your properties.
- Tips on choosing a property management company and using them as a resource.
- The benefits of buying smaller unit count properties.
- The importance of motivation in order to stay focused and be successful.
Our Guest
David Sweeney can be reached at:
www.DavidSweeney.com
Want to build Lifetime Cash Flow from Multifamily Properties?
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Recommended Resource
- Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link:
http://www.meetme.so/RodKhleif2
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Transcript
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| 0:00.0 | Welcome. This is the Lifetime Cash Flow through Real Estate Investing Podcast. |
| 0:06.0 | This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment. |
| 0:12.0 | Your host Rod Cleef, has owned over 2,000 homes in apartments. |
| 0:17.0 | And he brings experts in all aspects of real estate investment and management onto the show. |
| 0:22.0 | Now, here's your host. investment and management onto the show. |
| 0:23.0 | Now, here's your host, Rod Cleese. |
| 0:27.0 | Hey, before we start, I want to let you know, we just locked up our dates for my three-day multifamily boot camp in LA. It's going to be April 6, 7th, and 8th. |
| 0:36.2 | It's a three-day live event where I teach you everything you need to know to buy your first |
| 0:40.0 | apartment building. We're going to cover how to find deals in this hot market, |
| 0:44.0 | finding the money or equity for your deals. I'm going to teach you how to |
| 0:47.5 | finance your deals, how to do syndications, how to do careful due diligence on a |
| 0:52.1 | property so you don't make a mistake even how to manage your |
| 0:54.4 | properties and just a ton more and most importantly I'm going to teach you how to take action |
| 0:59.3 | by helping you with your mindset and your psychology because you guys all know that's 80 to 90% of your success. your Come spend three days with me. I will not let you down and I'd love to meet you. |
| 1:14.0 | My last event sold out very quickly and we have a huge waiting list. |
| 1:17.7 | So if you're interested, don't wait. Just text the word multi-family to 414-1 and we'll send the information to you. That's multifamily to 414-1-1-1 or you can just |
| 1:26.7 | go to multifamily boot camp.com. I hope I get to meet you in LA. |
| 1:31.1 | Welcome to another edition of how to build lifetime cash flow through real estate investing. I'm Rod Cleef and I am thrilled you're here. And I know you're going to enjoy the gentleman we're interviewing today. Salt of the earth, down to earth guy. |
| 1:43.3 | His name is David Sweeney, and he's been a lieutenant. |
| 1:46.6 | Well, he's been in the Seattle Police Department |
| 1:48.3 | for 30 years. |
| 1:49.1 | He's a lieutenant now. |
... |
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