Ep #951 - MFRS - The Multifamily Real Estate Secret Weapon
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.6 • 1.4K Ratings
🗓️ 26 April 2024
⏱️ 37 minutes
🧾️ Download transcript
Summary
Matt Iverson, founder of Veritas Equity, is a seasoned real estate expert with a track record of success. With extensive experience in multimillion-dollar resort fix and flips and over a decade in family brokerage, overseeing billions in transactions, Matt's expertise is trusted by clients. Veritas Equity was born from his desire to secure lasting passive income for his family, driven by the need to reduce tax burdens and cultivate sustainable wealth through real estate investing.
Here's some of the topics we covered:
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Transitioning from $3B Transactions to Multifamily Success
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Multifamily Real Estate X-Factor
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Massive Action and Making Decisions
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Exploring the Anatomy of a Multifamily Deal
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Why Experts Insist on Talking to Tenants BEFORE Buying
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Why Being Conservative Pays Off
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Insider Tips on the Importance of Asset Location
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
Transcript
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| 0:00.0 | My wife in Oliver Wisdom kind of looks at me and nicely says she goes you know what honey I've been listening to you talk about this for 20 plus years |
| 0:07.3 | I think it's either time you poop or get off the pot |
| 0:17.0 | So you know that apartment building or complex you drive by every day? Someone owns it. |
| 0:18.0 | And it's probably someone on this podcast. |
| 0:20.0 | Multifamily rock stars. |
| 0:22.0 | Join the growing numbers of real estate entrepreneurs who have made the jump to buying multi-family |
| 0:26.9 | properties for lifetime cash flow. |
| 0:29.0 | Multifamily rockstars, using OPM for an O-M-G ROI. Now here are your hosts, Ron Cleve and Mark Nakey. |
| 0:38.8 | Welcome back to Multipamily Rock Stars. So as you guys know, these are the episodes where we dive deep into our guest deals and we give you some practical and actionable items for getting started and doing your first deal, especially if you're brand new to multifamily. |
| 0:53.0 | And as always, I've got my co-host Mark Nagy from my massive action team here with me. |
| 0:57.7 | Good to see you, Ron. |
| 0:58.7 | Sounds like you, uh, you've got a busy day. |
| 1:01.9 | You just mentioned closing on Texas steel right? Yeah |
| 1:05.2 | closing on a 20 million dollar asset in San Antonio it's about a mile away from |
| 1:09.0 | another a 296 unit asset that we own it's a screaming deal. Oh God it's exciting because we're paying 100,000 a door and the one next door sold for 137 a door so we're getting at about 40% discount because it's the same vintage and everything so very exciting deal so |
| 1:24.4 | where that's closing today got our warrior event coming up this weekend in |
| 1:28.5 | Sarasota with a few hundred of my closest friends coming to connect and network and we're going to go deep dives on |
| 1:37.6 | underwriting and deal analysis and just a lot going on but it's all good you know |
| 1:42.0 | it's you know as you go as you go through life you want |
| 1:45.8 | better quality problems you're gonna have problems but you want a better quality |
| 1:49.3 | problem so these are quality problems so today we've got an awesome guest. His name's |
| 1:54.4 | Matt Iverson and Matt is actually a luxury resort broker and I'm not sure when he |
... |
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