Ep #603 – MFRS – 300 Units without Syndicating

Warrior Phil Klima runs a successful car dealership and got into single family housing. After closing on a 31 unit deal he quickly discovered the advantages of multifamily. Phil has built a portfolio of total real estate assets valued at just north of $20M and total units just over 300 without syndicating.

Here’s some of the topics we covered:

  • The Cleveland market
  • The tax advantages of multifamily
  • The goal of reaching your potential
  • Making business fun
  • Keeping continuity when taking over a property
  • Best way to get started in multifamily
  • Don’t wait to buy real estate, buy real estate and wait
  • The value of setting high goals