Ep #171 - Dr. Buck Joffrey owns 500 plus units, 7 apartment buildings and 1 medical office building

Published: Oct. 23, 2017, 5 a.m.

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Here\'s Some of What You Will Learn:\\xa0

  • Dr. Buck Joffrey owns 7 apartment buildings, 1 medical office building, and a total of 500 plus units.
  • Buck is a surgeon who watched other doctors investing in stocks take a huge financial hit in 2008.
  • The 2008 stock market collapse caused Buck to seek out safer, smarter, more long-term and lucrative investments. To Buck, this meant investing in multifamily real estate - something he had never considered before watching stock investments fail for others.
  • Why you should know this business as much as possible before buying your first property.
  • What class property you should look for when buying your first apartment complex.
  • Why D class properties aren\\u2019t the best properties to invest in.
  • You should not buy a property unless you know who is going to manage it.
  • Before you have a property, you need to have a team.
  • Make sure you verify that the rent roll matches what people are actually paying.
  • Why you need to do the proper due diligence before buying a property.
  • Why you should drive by the property at night.
  • How relationships with mortgage brokers can help you find off market deals.
  • Seek to help someone before you expect to get anything from them.
  • Why one of the best ways to operate is based on referrals.
  • How to capitalize when this market turns.
  • Why you should not look at the pro forma numbers on a property.
  • Stick to fundamentals and making sure you really due diligence is important considering how the market is currently.
  • How to find enjoyment in this business.
  • Connect with me on Facebook at Rod Khleif.
  • Text Rod to 41411 or visit RodKhleif.com for a FREE copy of my book, \\u201cHow to Create Lifetime Cash Flow Through Multifamily Properties.\\u201d

Our Guest

You can learn more about Buck Joffrey at:

https://www.wealthformula.com/\\xa0

Want to build Lifetime Cash Flow from Multifamily Properties?

If you\\u2019re committed to creating the life you deserve, we\'ve created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you\\xa0CRUSH it in this business!\\xa0 - if you\'d like to receive information about our program,\\xa0text CRUSH to 41411 now.

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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