Aug 22, 2023
Sief Khafagi is an ex-techie turned real estate investor who has helped thousands diversify into real estate after spending nearly 5 years at Facebook where he built the second largest engineering organization across the world.
Today, he’s the founder of Techvestor, which helps accredited real estate investors and busy professionals passively invest in the emerging asset class of short term rentals with a focus on higher than average cash flows and lifestyle by design. Investors can invest as little as $25,000, get all the benefits like cash flow, tax benefits and more, without doing any of the work.
In this episode Sief Khafagi delves into the intersection of technology with the real estate industry, highlighting its significance, his insights into confidently transitioning from a traditional salaried job, the implementation of algorithms and automations in real estate processes, optimizing efficiency, the challenges and strategies behind evaluating an impressive volume of 100,000 deals monthly.
Announcement: Join our Apartment Investing Mastermind
Leveraging Tech - Drive, Scale, and Win
00:00 Tech to real estate;
04:07 $16,000,000 in two years;
09:13 Leaving your W2 job with confidence;
11:21 Algorithms & Automations;
16:25 Underwriting 100,000 deals a month;
28:34 Managing contractors efficently;
Announcement: Download Our Sample Deal and Join Our Mailing List
22:21 Round of Insights
Apparent Failure: His first short term rental.
Most Recommended Book: Unreasonable Hospitality
Daily Habit: Working out
#1 Insight for Investing in Short Term Rentals: Ask yourself if you want to be passive or active.
Best Place to Grab a Bite to Eat in LA: Sugarfish
To learn more go to techvestor.com
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