His First Multifamily Deal Was 197 Units At $21 Million | Ep.1,243
Lifetime Cash Flow Through Real Estate Investing
Rod Khleif
4.6 • 1.4K Ratings
🗓️ 1 May 2026
⏱️ 21 minutes
🧾️ Download transcript
Summary
This episode of Multifamily Rockstars features Matthew Weaver, a Warrior program member who transitioned from global finance including work on the Saudi Aramco IPO and boutique hotel investing into multifamily real estate during COVID, ultimately closing a 197-unit deal in Tennessee for $21.125 million with a $6.4 million raise, achieving an 8.1 cap rate and 95% occupancy while executing a value-add strategy focused on security upgrades, lifestyle amenities, and conservative rent growth, all while crediting the Warrior program for giving him the tools and network to confidently analyze and close the deal.
Here's some of the topics we covered:
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From global travels to high-stakes finance
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Timed the 2008 crash and cashed out early
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COVID pivot into real estate investing
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Why beginners and pros should both jump in
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The deadly combo: numbers + relationships
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Landing a 197-unit off-market style deal
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Turning small upgrades into massive profit
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 | So you know that apartment building or complex you drive by every day? |
| 0:07.4 | Someone owns it. |
| 0:08.8 | And it's probably someone on this podcast. |
| 0:11.2 | Multi-family rock stars. |
| 0:12.8 | Join the growing numbers of real estate entrepreneurs who have made the jump to buying multifamily |
| 0:17.1 | properties for lifetime cash flow. |
| 0:19.5 | Multi-family rock stars using OPM for an OMG ROI. |
| 0:24.8 | Now, here are your hosts, Rod Cleef and Mark Nagy. |
| 0:28.9 | Welcome back to multifamily rock stars. |
| 0:30.9 | As you guys know, this is where we interview guests that are really crushing it in this business, |
| 0:35.7 | and we actually go deeper on their deals. So today I've |
| 0:39.0 | got Matthew Weaver and Matthew's a warrior. He reminded me that we met at an event in Orlando. |
| 0:45.4 | It seems like a lifetime ago. And so we're going to have a lot of fun today. Welcome to the show, |
| 0:49.9 | Matthew. Thanks, Rhonda. Really appreciate it. I look forward to today. Yeah. So why don't you talk a little bit about your |
| 0:55.8 | background? You know, I read it here, but I think you can do a much better job of just kind of outlining where you came from. |
| 1:02.3 | I know you've got some interesting stories around your travels and, but yeah, so let's talk about where you came from, |
| 1:09.1 | not just in business, but geographically. |
| 1:13.1 | Let's go back. |
| 1:14.4 | All right. |
| 1:14.7 | Fair enough. |
| 1:15.6 | So I'm actually fifth generation, California. |
| 1:18.6 | My family goes all the way back to the gold rush and prior and so forth. |
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