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He Lost $50 Million in Real Estate, Then Rebuilt | "Inspired To Invest" Ep161 with Rod Klheif
What happens when you build a real estate fortune… and then lose approximately $50 MILLION?
For Rod Khleif, the answer was to rebuild—but this time with some very different rules.
In this episode of Inspired To Invest, I'm joined by longtime real estate investor, entrepreneur, best-selling author, mentor and podcast host Rod Khleif to unpack more than four decades of lessons about real estate investing, multifamily properties, mindset, resilience and building sustainable wealth.
Rod's story began when his family immigrated to the United States from the Netherlands when he was six.
Money was tight. His mother babysat children to help make ends meet, and Rod remembers drinking powdered milk and wearing second-hand clothing.
Then his mother bought a house.
When she later told 17-year-old Rod she'd made $20,000 while she slept because the property appreciated, something clicked.
Real estate became his path forward.
Rod went on to own thousands of properties and build tremendous wealth. In 2006 alone, he says his net worth increased by approximately $17 million.
Then came 2008.
Rod ultimately lost approximately $50 million.
In this candid conversation, he explains WHY his portfolio collapsed despite having relatively low leverage—and why his apartment properties actually performed considerably better than his single-family portfolio.