Ep #969 - MFRS - Real Estate Creative Financing, Hidden Deals, and Navigating City Laws
Al Sidhom has been involved in real estate since 1999. The son of Egyptian and Lebanese immigrants, he was raised with a strong work ethic and big dreams. Growing up in Brooklyn and Dallas, he later graduated from Loyola University in New Orleans. Over the past 25 years, Al has renovated over 10 homes, managed 25+ properties, and facilitated more than 100 real estate transactions. With a Master's in Counseling and a license as a Professional Counselor, he expertly navigates the challenges and anxieties of real estate transactions. Al is passionate about revitalizing properties, empowering lower-income clients to achieve homeownership, and mentoring others to reach their full potential. Here’s some of the topics we covered: Al’s Journey to Real Estate Investing 00:00 Impact of Hurricane Katrina 5:37 Finding a Great Deal in a Challenging Neighborhood 8:23 Getting the Seller to Cover Closing Costs 12:38 Rod's Near-Mugging Experience in New Orleans 18:51 Navigating City Administration in Real Estate Deals 23:38 Pros and Cons of Section 8 Housing Deals 28:18 Defining Financial Freedom 32:50 If you’d like to apply to the warrior program and do deals with other rockstars in this business: Text crush to 72345 and we’ll be speaking soon. For more about Rod and his real estate investing journey go to www.rodkhleif.com