Mon, 3 October 2022
No matter what asset class you want to invest in, creativity is key—especially if you don’t have a rich uncle to help you get started! You just have to stop asking yourself, ‘Can I do this?’ And start asking yourself, ‘How can I do this?’ Christian Osgood left his sales job with CoStar Group to become a full-time investor at age 29. And in the last 18 months, he leveraged creative financing to build a portfolio of 95 units. Today, he is Cofounder of Multifamily Strategy, a platform that helps others achieve financial freedom with real estate and take back control of their lives. On this episode of Financial Freedom with Real Estate Investing, Christian joins Garrett and me to discuss his top creative strategies for buying property, challenging us to think beyond price when we negotiate a deal. Christian walks us through the fundamentals of seller financing, explaining how he introduces himself to property owners and why he focuses on understanding their goals to build a strong relationship. Listen in for Christian’s insight on using Google Maps to ‘drive for dollars’ and learn his formula for finding creative ways to close a real estate deal. For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP339.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 26 September 2022
When I got started in multifamily, I was much too hands-off with property managers. Yes, I reviewed the numbers, but otherwise, I stayed away and simply let them manage everything. Then I realized that experienced syndicators are much more actively involved with their property management companies, and we started to build more collaborative relationships. So, where is the sweet spot between too hands-off and too involved? What does a healthy relationship between property managers and ownership groups look like? Nathan Ridgeway is Regional Vice President at First Communities, one of the nation’s most successful property management companies. Founded in 1978, FCM has managed over 200K units in 100K communities, growing their market reach to include Washington DC, Dallas, Austin, Houston, Atlanta, Charlotte and Nashville. On this episode of Financial Freedom with Real Estate Investing, Nathan joins Garrett and me to discuss the relationship between property management companies and ownership groups. Nathan explains what differentiates FCM from other property management companies, describing his team’s approach to building a deep bench in a given market and managing expectations with ownership groups. Listen in for Nathan's advice on vetting a property manager and learn how to strike the right balance between trusting your management team and verifying their performance. For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP337.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 19 September 2022
Think you need an Ivy League education or 20 years of experience on Wall Street to set up a fund? Think again! Once you've done a handful of syndications, you can easily launch a fund of your own and simplify the process of raising money for multiple real estate deals. Bridger Pennington is Cofounder and CEO of Fund Launch, an education platform that helps aspiring fund managers launch, build and scale a fund. Fund Launch has served more than 20K students with its hundreds of videos and dozens of downloadable assets. Bridger also serves as Founder of Black Bridge Holdings, where he established multiple funds and facilitated more than 326 transactions across a variety of industries. On this episode of Financial Freedom with Real Estate Investing, Bridger joins Garrett and me to discuss what differentiates a real estate syndication from a fund, describing when it's appropriate to start raising capital through a fund and how the process changes. Bridger walks us through the pros and cons of raising money with a fund, explaining how it allows you to scale your business faster and close on a good deal more quickly. Listen in for Bridger's insight on generating excitement around investing in a fund and find out how to launch a fund of your own and raise a huge pool of capital from investors for real estate deals! For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP336.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 12 September 2022
Investor relations is not about selling a deal. It’s about getting to know individual investors and solving their problems. But what does that look like in practice? How do you connect with potential LPs and educate them around the benefits of investing in multifamily syndications? Travis Watts is Director of Investor Education at Ashcroft Capital. He got his start in real estate in 2009, investing in single family and short-term rentals. Travis became a passive investor with Ashcroft several years ago and was so impressed with their performance that he offered to join the Investor Relations Team in 2019. On this episode of Financial Freedom with Real Estate Investing, Travis joins Garrett and me to explain why he transitioned from active investing in single family to passive investing in syndications. Travis describes how he attracts new investors at Ashcroft and walks us through the pros and cons of raising capital through a fund. Listen in for Travis’ best practices for taking care of investors and learn how to serve your LPs and solve their problems to grow your syndication business. For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP335_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 5 September 2022
Proximity is power. But how do you get in front of successful people when you're struggling yourself? Sterling Griffin was homeless when he made the decision to surround himself with the people he wanted to become. Then he found creative ways to add value so they'd want to be friends. And in just two years, Sterling went from living in his Honda Accord to making $1.68M. Today, Sterling serves as Founder of Life Changer Academy and Sterling Capital, a real estate firm that provides high-net-worth individuals with access to tax-advantaged investments. On this episode of Financial Freedom with Real Estate Investing, Sterling joins cohost Garrett Lynch to share his journey to becoming a millionaire, explaining how he borrowed money and sold his car to invest in a mentor and why he's committed to inspiring others to see more for themselves too. Sterling describes his transition from fitness trainer to business coach to real estate investor, discussing his decision to focus on triple net lease investing and the tax advantages of accelerated depreciation. Listen in for Sterling's insight on finding the right people to learn from and learn creative ways to add value to high-profile people who will help you grow to the next level of success! For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP334_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 29 August 2022
The lack of affordable housing is a big problem in the US. And most developers shy away from these projects because it’s hard to make money. But Alvin ‘Hope’ Johnson is not most developers. He’s found a way to innovate in the affordable housing space and ‘do good while doing good.’ Alvin is President of the Hope Housing Foundation, a nonprofit positioned to be one of the country’s most effective affordable workforce housing organizations. He also serves as CEO of Multifamily Monopoly, an education platform for real estate developers interested in the process of multifamily development and ownership. On this episode of Financial Freedom with Real Estate Investing, Alvin joins Garrett and me to discuss his journey from painting houses to $225M multifamily entrepreneur and describe the tenacity it took to find a mentor in the space. Alvin shares his successes in affordable housing so far, explaining how he’s turning neighborhoods around, building sustainable workforce housing developments, and making a profit in the process. Listen in for Alvin’s insight on pursuing a mission-driven business and learn how to leverage innovation to make money building naturally occurring affordable housing. For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP333.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 22 August 2022
As real estate investors, we spend years building up generational wealth. But a single lawsuit can tear it all down. So, how do we put the right asset protection measures in place? Garrett Sutton is the corporate attorney and asset protection expert behind Corporate Direct, a firm that helps entrepreneurs and investors protect their assets, maintain their privacy and achieve their financial goals. Garrett is also one of Robert Kiyosaki’s Rich Dad Advisors and the bestselling author of several books, including his new release, Veil Not Fail: Protecting Your Personal Assets from Business Attacks. On this episode of Financial Freedom with Real Estate Investing, Garrett joins cohost Garrett Lynch and me to explain why asset protection is crucial for real estate investors at all levels. Garrett discusses why an LLC is the best way for syndicators and apartment owners to structure a business and walks us through the most common mistakes people make when it comes to asset protection. Listen in for Garrett’s advice on what insurance you need as a real estate investor and learn what steps you can take to protect both your personal assets and property from lawsuits. For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP332.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 15 August 2022
![]() For 20 years, Adam Mitchell has been dreaming of a multifamily portfolio. But without the confidence or the know-how to invest in apartments, he started with single family. A decade ago, Adam joined forces with his friend Lance Doty, and they became the Home Buying Guys, scaling a successful single family investing business that runs on autopilot. But in 2021, Adam took action on his vision of moving into the multifamily space and invited Lance to join him in the transition. They became the Apartment Buying Guys, and within 35 days, they had 225 units under contract. In just 10 months, Adam and Lance have raised over $2M and acquired 731 units. Both have achieved financial freedom, and they are well on their way to the goal of 1,000 doors in five years. On this episode of Financial Freedom with Real Estate Investing, Adam and Lance join Garrett and me to explain why it took them so long to make the move to multifamily and how they overcame their lack of experience to break into the space. Adam and Lance discuss the value of hiring a mentor, describing how they might have accelerated their journey by getting support sooner and why they’re focusing on scale from Day One. Listen in for insight on what makes Lance and Adam’s partnership work and learn how to make the leap from single family to apartment building investing—and achieve financial freedom in three years or less! For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP331_v2.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 8 August 2022
When we started investing in multifamily, we relied on property managers to handle construction. As the business grew, we hired GCs to run construction projects with little oversight on our part. And got very mixed results. That’s when we realized that if we wanted to scale our multifamily portfolio, we needed an in-house team. But how do you build a construction arm for your real estate business? Jorge Abreu is Cofounder and CEO of Elevate Commercial Investment Group, a multifamily firm based in Dallas, Texas, and Founder of JNT Construction, the in-house construction arm of Elevate CIG. With 15 years of experience in real estate, Jorge has acquired a portfolio of nearly 7,000 units worth more than $500M. On this episode of Financial Freedom with Real Estate Investing, Jorge explains why he started his own construction company and how JNT gives Elevate a competitive advantage. Jorge walks us through the process he used to build an in-house construction business, describing what he looks for in a project manager and how he leverages software to hold the team accountable. Listen in for Jorge’s insight on the importance of construction contracts and learn how an in-house construction team can help YOU scale your syndication business! For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP330_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 1 August 2022
Not everyone who wants to be a real estate investor sticks with it long enough to be successful. But if you apply a sales mindset to multifamily investing, you will be able to take the initial rejection and keep pushing. Because as Eric Chadderdon says, ‘The only time you lose in this business is if you quit.’ Eric is Managing Partner at Gibby’s Capital Investments, a boutique firm that helps investors diversify their portfolios with commercial real estate. He got into multifamily in December of 2020 and has amassed a portfolio of 724 units in just 18 months! Prior to founding Gibby’s, Eric spent 12 years in the sales industry, and he leverages the skills he learned there to build relationships in the multifamily space. On this episode of Financial Freedom with Real Estate Investing, Eric joins Garrett and me to explain why he quit his W-2 job after his first multifamily deal and explore how the skills he learned in sales translate to real estate. Eric discusses what he did to build relational capital in the real estate space, challenging us to put ourselves in the right rooms and add value any way we can—without asking for compensation. Listen in for Eric’s insight on underwriting in an uncertain market environment and learn how a sales mindset can help YOU scale a multifamily portfolio and quit your 9-to-5 with real estate! For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP329.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 25 July 2022
According to the mainstream media, the sky is falling in the real estate market. But is that entirely true? While no one can predict exactly what will happen in the global economy or how it might impact real estate, Robert Helms is a student of the markets. And he can tell us how to prepare for the change that’s coming our way. Robert is Founder and Host of the top-rated Real Estate Guys Radio Show. He has 18 years of experience working in a real estate brokerage with his dad, Bob ‘the Godfather of Real Estate’ Helms, and has been involved in development projects worth more than $300M. On this episode of Financial Freedom with Real Estate Investing, we're sharing the replay of Robert’s talk at Deal Maker Live, where he explains why the mainstream media doesn’t get the real estate markets right and why investors like us need to pay attention anyway. Robert walks us through a SWOT analysis of the real estate market, describing the current opportunities and threats to multifamily investors. Listen in for Robert’s insight around the purchasing power of the US dollar and learn how apartment building investors like YOU can prepare for a fundamental change to the economy and thrive regardless of the circumstances! For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP328_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 18 July 2022
![]() There aren't a lot of women in the real estate investing business, in part because there are so few female role models. But if you can see it, you can be it. So, we brought together a panel of powerhouse women entrepreneurs this past June at Deal Maker Live to share their experiences and encourage other aspiring investors, men and women alike. Our panelists included Savannah Arroyo, Founder and CEO of Networth Nurse, Julie Holly, Founder of Three Keys Investments and Host of The Conscious Investor Podcast, Veena Jetti, Founding Partner at Vive Funds, and Liz Faircloth, Cofounder of the DeRosa Group and Cocreator of The Real Estate InvestHER Community. On this episode of Financial Freedom with Real Estate Investing, we're sharing the replay of the Women in Real Estate panel discussion from Deal Maker Live, exploring some of the biggest obstacles Savannah, Julie, Holly and Liz faced as entrepreneurs and what they did to overcome those challenges and become successful multifamily investors. Our panelists discuss how to create work-life balance as a woman in real estate, offering advice around creating a support system and getting on the same page with your partner. Listen in for insight into the surprising skills you need to be an effective entrepreneur and get Savannah, Julie, Holly and Liz’s advice on the mindset you need to build a thriving real estate investing business! For full episode show notes visit:
Direct download: Real_Estate_Investing_EP327.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 11 July 2022
Real estate investing is a critical part of a diversified portfolio. And while most Americans have easy access to stocks and bonds, most don't know where to go to find private real estate deals. That’s what inspired Founder and CEO Jilliene Helman to create Realty Mogul, a crowdfunding platform committed to democratizing real estate. Jilliene’s background in banking exposed her to brokers, real estate lenders and trust officers, giving her a 360-degree view of wealth management—and a comprehensive understanding of the real estate market. On this episode of Financial Freedom with Real Estate Investing, Jilliene joins Garrett and me to discuss the challenges she faced early on in building Realty Mogul and describe what inspired her to persevere through 103 coffee meetings before she found a backer! Jilliene explains how the Realty Mogul marketplace differs from traditional syndication and explores the pros and cons of investing in individual deals versus real estate investment trusts (REITs) on the site. Listen in for Jilliene’s thoughtful outlook on the current real estate market and get her advice for investing in the right opportunities during an economic downturn. For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP326.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 4 July 2022
What does the future of real estate look like? If you ask Ryan Pineda, the future of real estate is digital. And he sees the potential to build multiple billion-dollar businesses that solve many of the problems we face—on the blockchain. Ryan began his real estate career in 2010, and since then, he’s flipped hundreds of single-family homes, purchased hundreds of rentals and founded six multimillion-dollar businesses in the space. In 2020, he went all-in on social media and amassed 1.5M followers teaching people how to build wealth and achieve financial freedom. Ryan is also working on a new NFT project called Tykes, a community for the pioneers of digital real estate. On this episode of Financial Freedom with Real Estate Investing, Ryan joins Garrett Lynch to discuss his SOP for starting a new business and describe what makes his real estate companies so resilient. Ryan shares the worst-case scenario thinking that helps him identify single points of failure and explains how removing yourself from day-to-day operations and cross-training your people mitigates risk. Listen in for insight into the issues the blockchain can solve for real estate investors and learn how to be part of Ryan’s new NFT project and digital real estate mastermind! For full episode show notes visit:
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP325.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 27 June 2022
Growing a successful real estate business means growing a solid team. But many entrepreneur-investors struggle with hiring and don’t spend enough time developing key leadership skills. So, what makes for a successful leader in the multifamily business? How do you decide what to delegate, communicate the vision for your business and help the people on your team excel? Known as the CEO Whisperer, Cameron Herold is Founder of the COO Alliance and Second in Command Podcast, a coaching practice and training platform that helps C-suite leaders double their revenue in three years or less. Cameron is well-known for engineering 1-800-GOT-JUNK?’s growth from $2M to $106M in revenue in just six years as COO. He is also the bestselling author of Vivid Vision: A Remarkable Tool for Aligning Your Business Around a Shared Vision of the Future. On this episode of Financial Freedom with Real Estate Investing, Cameron joins cohost Garrett Lynch and me to explain what makes a successful leader, describing how a vivid vision helps leaders focus on the right opportunities and communicate with their team. Cameron shares the activity inventory he uses to help leaders learn to delegate, challenging us to offload anything that’s outside our genius and free up our time for revenue-generating activities. Listen in for Cameron’s insight on creating personal development plans for the individuals on your investing team and learn his FOCUS x FAITH x EFFORT formula for success! For full episode show notes visit: http://www.themichaelblank.com/session324/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP324_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 20 June 2022
Are you struggling to do your first real estate deal? Is there an aspect of the multifamily business that’s taking a long time to master on your own? What if you stopped asking HOW and started asking WHO? Who is already good at this? And can they teach me? Sam Kwak is one half of the real estate duo and YouTube sensation known as The Kwak Brothers. Based in Chicago, Sam and his brother Daniel hold a portfolio worth just over $4.5M. Beyond investing in multifamily, Sam leverages his background in marketing and technology to help property managers automate their business. On this episode of Financial Freedom with Real Estate Investing, Sam joins host Garrett Lynch to explain how volunteering to work for free with a local investor served as a shortcut to his success. Sam describes how he leverages an online platform to raise money for real estate deals, discussing why the focus of his content has changed and how hiring a high-level consultant grew his YouTube channel from 108K to 260K subscribers in just four months. Listen in for Sam’s insight on navigating challenges in a business partnership and learn how to accelerate your real estate career by investing in a mentor or coach—and then applying that knowledge to get further, faster! For full episode show notes visit: http://www.themichaelblank.com/session323/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP323_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 13 June 2022
When was the last time you reviewed your due diligence process? Too many real estate investors are so eager to do a deal that they cut corners on due diligence and hope for the best. But a robust due diligence checklist is essential to your success. Jake Harris uses his superpower of methodically sorting through data to make real-world decisions on real estate, and his private equity firm has acquired more than $200M in assets in the last five years alone. Jake is extremely detail-oriented in conducting due diligence, and he shares that expertise in his new book, Catching Knives: A Guide to Investing in Distressed Commercial Real Estate. On this episode of Financial Freedom with Real Estate Investing, Jake joins cohost Garrett Lynch and me to discuss how he hit rock bottom during the recession and describe his transition from single family flips to commercial real estate. Jake explores how to use deep knowledge of a given real estate market to your advantage and explains how due diligence can uncover significant downside risk in a commercial deal. Listen in for Jake’s no-stone-unturned approach to due diligence and learn how to decide when a deal is worth the risk—and when to walk away. For full episode show notes visit: http://www.themichaelblank.com/session322/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP322.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 6 June 2022
Most new multifamily investors focus on deal flow. We know that capital flow is important, but we figure we can rely on friends and family to fund our first few deals.
But eventually, the money runs out. So, if you want to scale a real estate business, you’ve got to grow your sphere of potential investors. And the easiest way to do that is through an online thought leadership platform. Brian Wagers raised capital for his first 361 units simply by talking to people one-on-one. And then he realized that to achieve scale, he needed to pay more attention to marketing. Brian is Founder of Wagers Capital, a real estate investing firm with $4.1M in multifamily assets. To date, Brian has built a portfolio of 447 units in his home state of Arkansas and another 125 in Texas. On this episode of Financial Freedom with Real Estate Investing, Brian joins cohost Garrett Lynch and me to share the steps he took to get into multifamily and explain how live events helped him see the possibilities of growing a multimillion-dollar portfolio. Brian walks us through the steps he took to build an online thought leadership platform, describing how his social media presence and podcast appearances attract new investors to Wagers Capital. Listen in to understand how Brian leveraged my Platform Builders Workshop to build out his marketing systems and learn how to scale YOUR syndication business by focusing on deal flow and capital flow at the same time! For full episode show notes visit: http://www.themichaelblank.com/session321/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP321_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 30 May 2022
Why would a real estate investor want to share content on social media? Yes, we can build relationships with other investors and raise capital without Instagram or YouTube. But social platforms help us maintain those real-life connections and make tens of thousands of others! So, how can we use social media to crush it in real estate? Lili Thompson was playing with the Harlem Globetrotters when COVID hit. Stuck at home with nothing to do, Lili learned about wholesaling and decided to try it—and document the process on social media. Today, Lili is one of the rising stars in the real estate space, and she has 148K subscribers on YouTube. On this episode of Financial Freedom with Real Estate Investing, Lili joins cohost Garrett Lynch and me to discuss how she benefits from sharing her real estate journey on YouTube, describing the connections she’s made with other beginners and experienced investors alike. Lili offers insight into how she built an audience on social media and explains why it’s important to produce content consistently. Listen in to understand why Lili is shifting into the multifamily space (using my Syndicated Deal Analyzer) and take the first steps to creating a thought leadership platform of your own, no matter where you are in your real estate journey! For full episode show notes visit: http://www.themichaelblank.com/session320/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP320.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 23 May 2022
What’s stopping you from doing your first multifamily deal? Whatever your perceived weakness may be, you can overcome it and achieve the same kind of success in commercial real estate that you’ve had in other areas of your life.
English is Jonathan Wei’s second language and he’s a quiet, introverted guy. And yet, he’s raised millions of dollars for real estate syndication deals. What’s his secret? Jonathan serves as Cofounder and CEO of Greystone Capital Group, a commercial real estate firm that focuses on multifamily and self-storage assets. He left a successful career as a CPA to become a full-time investor, quitting his job in February 2022. On this episode of Financial Freedom with Real Estate Investing, Jonathan joins cohost Garrett Lynch and me to share his fears around raising capital, explaining how he got comfortable talking to brokers and investors with the help of a mentor. Jonathan discusses how the connections he made at Deal Maker Live led to JV partnerships that helped him build a portfolio of 500 multifamily units and another 500 in self-storage. Listen in for Jonathan’s insight on overcoming limiting beliefs by leveraging prior personal and professional successes—and applying the same work ethic to real estate! For full episode show notes visit: http://www.themichaelblank.com/session319/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP319_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 16 May 2022
Before you invest with a multifamily operator, it’s important to understand their track record. To know that they’ve got experience overcoming obstacles and making a deal work.
Prior to joining our team at Nighthawk Equity, podcast cohost Garrett Lynch owned and operated a class D real estate portfolio on the south side of Chicago. And learned how to solve problems on a life-or-death level in the process. On this episode of Financial Freedom with Real Estate Investing, Garrett is flying solo, discussing how he acquired 300 properties in six months and describing some of the challenges he faced managing assets in crime-ridden neighborhoods. Garrett shares his experience owning and operating a 381-unit, class D apartment building in Memphis, walking us through the steps he took to end gang violence onsite and increase occupancy to 90%. Listen in for Garrett’s insight around the pros and cons of investing in class D properties and find out what he learned about problem-solving in a high-stakes situation that he brings to the team at Nighthawk! For full episode show notes visit: http://www.themichaelblank.com/session318/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP318_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 9 May 2022
A 2017 Forbes headline reads, ‘Median Wealth of Black and Latino Families Could Hit Zero by the Middle of the Century.’ That hit home for Puerto Rican-born Duamel Vellon. And he’s made it his mission to raise awareness in his community, making multifamily investors out of his friends and peers. Duamel Vellon is Cofounder of Ten15 Capital, a multifamily investment firm with assets in Florida, Georgia and the Carolinas. A former engineer in the theme park industry, Duamel quit his job in December of 2021 to be a full-time investor, and he currently manages a 203-unit portfolio. On this episode of Financial Freedom with Real Estate Investing, Duamel joins cohost Garrett Lynch and me to share the ‘chess versus checkers’ mindset that helped him transition from flipping to multifamily. Duamel describes his grassroots approach to raising capital, discussing how he grows his network and educates potential investors before he has a live deal. Listen in for insight on Duamel’s mission to serve the Black and Latino communities and learn his uncommon strategy for ensuring regular deal flow. For full episode show notes visit: http://www.themichaelblank.com/session317/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP317.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 2 May 2022
If you finance a multifamily syndication through Fannie Mae or Freddie Mac, you’re securing non-recourse debt with a fixed interest rate. But if you want to exit anytime sooner than the loan expiration date, you're going to pay a BIG penalty on the back end. So, how might we leverage credit unions to avoid these big-ticket prepayment penalties? Are there other benefits to financing real estate deals through a credit union? What’s the downside? Mark Ritter is CEO of Member Business Financial Services or MBFS, a business lending credit service organization owned by credit unions for credit unions and their members. An expert in credit unions and business lending, Mark is dedicated to helping commercial real estate investors secure the financing they need. On this episode of Financial Freedom with Real Estate Investing, Mark joins cohost Garrett Lynch and me to explore the pros and cons of financing multifamily through a credit union versus traditional loans. Mark describes the credit union philosophy of people helping people, discussing how real estate investors benefit from having a personal relationship with our lender. Listen in for Mark’s advice on how to approach a credit union for a loan and learn about the flexible terms and low cost of capital available if you finance your next deal through an organization like MBFS! For full episode show notes visit: http://www.themichaelblank.com/session316/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP316_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 25 April 2022
A career as a professional athlete is exciting, and if you’re among the best, you can make a lot of money in a short amount of time. But what do you do when your career is over? Dan Brisse was a professional snowboarder for over a decade, participating in the X Games four times and winning gold twice. But he noticed that older pros were suffering as their careers wound down, struggling financially and in their personal lives. And that inspired Dan to make his money work for him with multifamily real estate. Today, Dan is the cofounder of Granite Towers Equity Group, cohost of the Keeping It Real Estate Podcast and coauthor of 4 Steps to Successful Passive Investing. He and his partner, Mike, are GPs in 1,414 units worth $74M across five states, and he owns another 589 units as a passive investor. On this episode of Financial Freedom with Real Estate Investing, Dan joins cohost Garrett Lynch and me to discuss his transition from snowboarding to real estate and describe the steps he took to become a multifamily investor. Dan explains how his investing strategy has evolved over time, encouraging us to seek out a high-level mentor early on and avoid shiny object syndrome. Listen in for insight around the values alignment that makes Dan and Mike’s partnership work and learn how to make the leap from YOUR current career to full-time real estate investing. For full episode show notes visit: http://www.themichaelblank.com/session315/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP315_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 18 April 2022
Why do you do what you do? Articulating the WHY behind your work gives it meaning. And makes for a richer, more fulfilling life. But how do you uncover your purpose and then apply it each day? Lee Prosenjak is a serial entrepreneur and executive coach at LynchPyn. He's worked with thousands of entrepreneurs in 30-plus countries, cultivating cohesive work groups and facilitating conversations that truly matter. An artist at heart, Lee is also the Cofounder of Cherry Creek Dance, former Igniter at Simon Sinek Consulting and current real estate investor on a mission to help others discover their own inspiration, love and greatness. On this episode of Financial Freedom with Real Estate Investing, Lee joins host Garrett Lynch to discuss his WHY and describe how clarity of purpose leads to better decision-making. Lee explores the relationship between purpose and identity, sharing the experience that inspired him to play BIGGER and expand his influence beyond Cherry Creek Dance. Listen in for Lee’s insight around being open to new opportunities and find out how he is living his purpose as the owner of a boutique hotel in the Bahamas! For full episode show notes visit: http://www.themichaelblank.com/session314/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP314.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 11 April 2022
Imagine earning cash-on-cash returns as high as 50%! Inspired by sophisticated real estate investors in her network, Steffany Boldrini moved her money out of tech startups and into commercial properties three years ago. And while she’s faced a lot of challenges along the way, Steffany reached financial freedom in less than two years. So, what is Steffany’s approach to investing in real estate? And what does she do to earn such big-time returns? Steffany moved from Brazil to Silicon Valley 20 years ago and enjoyed a successful career in tech sales before shifting her focus to commercial real estate. As Principal at Monte Carlo Real Estate Investments, she has built a portfolio across three asset classes, achieving 36% cash-on-cash returns. Steffany is also the host of Commercial Real Estate Investing from A-Z, a podcast about investing in retail, office, industrial and self-storage properties. On this episode of Financial Freedom with Real Estate Investing, Steffany joins host Garrett Lynch to discuss her transition from angel investing to real estate, describing why she likes the risk profile of commercial properties over tech startups. Steffany shares her approach to building a commercial real estate portfolio, explaining the pros and cons of investing in car washes, self-storage and short-term rentals. Listen in to understand how Steffany leverages technology in her real estate business and get ideas for adding value to force appreciation—in any commercial asset class. For full episode show notes visit: http://www.themichaelblank.com/session313/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP313_1.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 28 March 2022
Are you confused by cryptocurrency, the blockchain or NFTs?
As real estate investors, we’re all about wealth creation and owning physical assets as a hedge against inflation. But what about digital assets? Is it worth investing in cryptocurrencies like Bitcoin? What is blockchain technology all about? And how can it change the world for the better? Matthew Diemer is a small business entrepreneur and host of the Decrypt Daily Podcast. Prior to Decrypt Daily, he founded Crypto 101 and held the titles of COO and GM in the global hospitality industry. Matthew is also a Democrat running for Congress in Northeast Ohio dedicated to supporting entrepreneurship, promoting tech innovation and reviving manufacturing in the US. On this episode of Financial Freedom with Real Estate Investing, Matthew joins host Garrett Lynch and me to discuss the benefits of blockchain technology, describing what makes crypto a good investment vehicle and why Bitcoin is a strong hedge against inflation. Matthew explains how crypto allows us to control our own wealth and what we can do to keep our digital currency outside government control. Listen in for Matthew’s insight into buying digital real estate and learn how the blockchain can be used to create wealth by tokenizing properties. For full episode show notes visit: http://www.themichaelblank.com/session311/
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP311.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 21 March 2022
Most entrepreneurs believe that we are the secret sauce in our business. We think that no one else can bake the cupcakes or design the websites or analyze the real estate deals quite the way we do. But if you’re busy building the product, who’s building the business? This is what Curtis Morley calls the entrepreneur’s paradox: In order to scale, you've got to shift your passion from working IN the business to working ON the business.
Curtis is the five-time entrepreneur, mentor and thought leader behind The Entrepreneur’s Paradox, a platform dedicated to helping startup companies achieve next-level growth. Curtis has been named Entrepreneur of the Year and made the Inc. 5000 list six times. He is also the bestselling author of The Entrepreneur’s Paradox: How to Overcome the 16 Pitfalls Along the Startup Journey. On this episode of Financial Freedom with Real Estate Investing, Curtis joins host Garrett Lynch to explain the entrepreneur’s paradox, challenging us to shift from the role of product manager to business leader and achieve the next level of growth. Curtis shares his concept of counterfeit emotions, describing how to turn fear into power with a simple shift from WHAT IF to WHAT IS thinking. Listen in for Curtis’ four-step success formula for entrepreneurs and learn how to make the mindset shift you need to scale YOUR real estate syndication business. Key TakeawaysHow Curtis defines the entrepreneur’s paradox
The first steps to becoming a business leader
Curtis’ 3 summits you can climb as an entrepreneur
Curtis’ 4-step success formula for entrepreneurs
Curtis’ advice for deciding what’s next after an exit
Curtis’ concept of counterfeit emotions
How to transform your FEAR into POWER
How Curtis uncovered the idea of counterfeit emotions
Connect with Curtis MorleyResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Access Michael’s Free Resources in the Freedom Vault Financial Freedom with Real Estate Investing by Michael Blank
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP310_v2.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 14 March 2022
In aerospace engineering, ‘escape velocity’ is the amount of power a rocket needs to break free of the Earth’s gravitational field. And if you ask Jonathan and Paula Nichols, launching a real estate syndication business is no different. It takes a tremendous amount of effort up front to do your first deal. You have to commit to the outcome and do whatever it takes to persevere through setbacks and disappointment. But once you’ve picked up momentum and closed on your first apartment building, the next deals follow in quick, almost automatic succession. Jonathan and Paula are the cofounders of Apogee Capital, a multifamily firm dedicated to helping investors reach their financial potential. The Nichols closed on three deals in the last year, raising $2.7M as they built a portfolio of 200 units, and Jonathan quit his job as an aerospace engineer six weeks ago to pursue real estate full time. On this episode of Financial Freedom with Real Estate Investing, Jonathan and Paula join cohost Garrett Lynch and me to discuss the sacrifices they made to make time for real estate while they both worked full-time corporate jobs. Jonathan and Paula walk us through the steps they took to get started in multifamily syndication, describing how they got on the same page as a couple and started networking with potential partners. Listen in for insight on reframing a lost deal as a learning opportunity and learn how to stay the course in tough times and keep taking action—until YOUR investing business takes off! Key TakeawaysHow Jonathan and Paula got into real estate
How real estate evolved into a business for the Nichols
How Jonathan and Paula got on the same page
The steps Jonathan and Paula took to get started investing
How Jonathan and Paula made time for real estate
Jonathan and Paula’s first multifamily deal
How Jonathan and Paula met their partners
Jonathan and Paula’s big setback 5 months ago
How Jonathan and Paula raised $700K for their first deal
What’s ahead for Jonathan and Paula in the next 2 years
Jonathan and Paula’s plan to scale
Jonathan and Paula’s advice for aspiring investors
Connect with Jonathan & Paula NicholsResourcesGet Tickets for Deal Maker Live Buy Michael’s Syndicated Deal Analyzer Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Access Michael’s Free Resources in the Freedom Vault Financial Freedom with Real Estate Investing by Michael Blank National Real Estate Investors Association Suzy Sevier & Michael Barnhart on Financial Freedom with Real Estate Investing EP260 Dream Big: Know What You Want, Why You Want It, and What You’re Going to Do About It by Bob Goff
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP309.mp3
Category:Commercial Real Estate -- posted at: 2:00am EST |
Mon, 7 March 2022
Multifamily real estate is a big game. And if you want to scale quickly, you can’t do it alone. That’s how Patrick Grimes went from 0 to 1,200-plus units in under two years. He partnered with a senior operator to go further faster, leveraging his partner’s expertise to build a $250M portfolio in a very short time. But how did he get an experienced investor to invite him into a deal? Patrick is the Founder and CEO of Invest on Main Street and contributor to the #1 Amazon bestseller Persistence, Pivots and Game Changers: Turning Challenges Into Opportunities. Patrick also runs Protomation Systems, a consulting business that contracts with machine design firms to conceptualize, design and build custom manufacturing automation and robotic systems. On this episode of Financial Freedom with Real Estate Investing, Patrick joins cohost Garrett Lynch and me to explain how he brought value to an experienced operator to get into his first multifamily deal. Patrick shares his experience with the Law of the First Deal, describing how his role on the team shifted as his portfolio grew. Listen in for Patrick’s insight on mitigating the risks of multifamily investing and find out why partnering up is the best way to scale your business and get on the fast track to financial freedom! Key TakeawaysHow Patrick got into real estate investing
How Patrick’s investing strategy changed after 2008
How Patrick got his wife involved in real estate investing
The steps Patrick took to get his first multifamily deal
How Patrick justifies the risk associated with multifamily
Patrick’s pivot away from deal finder into other roles
Patrick’s experience with the Law of the First Deal
Why Patrick chose the 506(c) option
The biggest challenge Patrick is facing as he scales
Patrick’s advice for aspiring multifamily investors
Connect with Patrick GrimesResourcesGet Tickets for Deal Maker Live Buy Michael’s Ultimate Guide to Apartment Building Investing Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Access Michael’s Free Resources in the Freedom Vault Financial Freedom with Real Estate Investing by Michael Blank
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP308.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 28 February 2022
Real estate has always had tax advantages, but in recent years, the deal got even sweeter for multifamily investors. So, how do we write off depreciation? What is a cost segregation study and how can it save us even more? Heidi Henderson serves as Executive Vice President at Engineered Tax Services, the nation’s leading tax credit and incentives firm. As an experienced tax consultant and real estate investor herself, Heidi specializes in the application of tax efficiencies to multifamily investments. On this episode of the podcast, Heidi joins cohost Garrett Lynch and me to share the unique tax advantages of real estate and explain why the US government incentivizes multifamily investors. Heidi describes how to take advantage of BONUS depreciation (provided for by the 2017 Tax Cuts and Jobs Act) by conducting a detailed cost segregation analysis. Listen in for Heidi’s insight on determining the ROI of a cost seg study and find out how YOU can save tens of thousands of dollars with the magic of accelerated depreciation! Key TakeawaysThe unique tax advantages of real estate
Why the government incentivizes real estate investors
What depreciation is and how it works
Why you should claim bonus depreciation right away
How to take advantage of accelerated depreciation
What to look for in a company that does cost seg
How to determine your ROI on a cost seg analysis
The limitations on taxable income for passive investors
Why we should cash in on bonus depreciation now
Connect with Heidi HendersonEmail hhenderson@engineeredtaxservices.com Call (801) 564-4464 ResourcesGet Tickets for Deal Maker Live Learn More About Michael’s Mentoring Program Download Michael’s Free Report—What's the Best Investment: The Stock Market or Real Estate? Join the Nighthawk Equity Investor Club Access Michael’s Free Resources in the Freedom Vault Financial Freedom with Real Estate Investing by Michael Blank Heidi Henderson on Financial Freedom with Real Estate Investing EP022
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP307.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 21 February 2022
When you’re doing your first multifamily deal, scaling the business is the last thing on your mind. But if you don’t think about scale early on and come up with a plan, you’ll be fighting fires as you grow. So, how do you create a vision for what your syndication business will look like in the future and then proactively put systems in place that allow you to scale up with ease? Veena Jetti is the Founding Partner of Vive Funds, a unique multifamily firm that specializes in curating conservative opportunities for real estate investors. Veena has built a portfolio of 3,000-plus units worth $600M, and she shares her expertise as a frequent speaker, panelist and guest on various media outlets. On this episode of Financial Freedom with Real Estate Investing, Veena joins cohost Garrett Lynch and me to explain how raising capital at a high level allows her to scale and describe how every decision is made with the investor in mind. Veena shares her success with investor retention and referrals, discussing why she offers investors the option to put their money in a fund or invest in direct offerings. Listen in for insight on how Veena uses her time as partner at a big-time investment firm and get her advice on creating workflows that make it easy to scale your multifamily syndication business! Key TakeawaysWhat inspired Veena’s interest in scaling a real estate business
How Veena and her sister/business partner use their time
Why Veena’s had success raising capital at a high level
Why Veena offers investors a fund OR direct offering option
How Veena raises $30M in 42 days
Veena’s experience with institutional investors
What Veena is doing to enhance the way she raises capital
Veena’s biggest challenges right now
Veena’s advice to her younger self
How Veena thinks about deal flow
How Veena’s definition of success has changed over time
Connect with Veena JettiResourcesGet Tickets for Deal Maker Live Learn More About Michael’s Mentoring Program Access Michael’s Free Resources in the Freedom Vault Financial Freedom with Real Estate Investing by Michael Blank The Art of the Deal by Donald J. Trump
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP306.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 14 February 2022
At the age of 18, Alex Mandaro is the youngest mentoring student we’ve ever had at the Michael Blank organization. So, we’re doing a grand experiment and asking Alex to document his journey!
In a reality-style series broadcast through our social media channels, Alex will share a behind-the-scenes look at the life and times of a new syndicator. On this episode of Financial Freedom with Real Estate Investing, Alex joins me to explain what inspired his interest in multifamily and why he believes he’ll be successful. He discusses why he used his college money to invest in mentoring, describing how he is getting the most out of our program and learning from the mistakes of others. Listen in for insight on following Alex’s journey with us to find out if you really can be a successful syndicator without experience or cash of your own! Key TakeawaysWhat inspired Alex’s interest in real estate
What makes Alex believe he can be successful
Why Alex chose real estate over college
How Alex’s friends and family reacted to his decision
The first steps Alex is taking to pursue multifamily
Why Alex invested in our mentoring program
Alex’s personal WHY statement
How Alex is getting the most out of mentorship
How Alex thinks about getting through bad days
Why Alex agreed to document his journey with us
Alex’s concerns with sharing his journey on social
Connect with Alex MandaroFollow Alex’s Journey on Instagram Follow Alex’s Journey on TikTok Follow Alex’s Journey on YouTube ResourcesAccess Michael’s Free Resources in the Freedom Vault Learn More About Michael’s Mentoring Program Financial Freedom with Real Estate Investing by Michael Blank Rich Dad Poor Dad by Robert T. Kiyosaki Grant Cardone on Financial Freedom with Real Estate Investing EP188 The Miracle Equation by Hal Elrod
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP305.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 7 February 2022
Using renewable energy to power a multifamily property is not just for environmentalists anymore. As the political environment shifts, going green doesn’t just make the world a better place. It’s also highly profitable. John Matheson is Managing Member and Sustainable Building Consultant at J. Healy Development, where he has developed an expertise in helping multifamily operators increase profits through renewable energy and ecofriendly building methods. He also serves as Cofounder and CEO of Leverage Finance Software, a platform that supports property investors in making smarter and more informed lender financing decisions. On this episode of Financial Freedom with Real Estate Investing, John joins cohost Garrett Lynch and me to explain how he adds value to a property with rooftop or on-the-ground solar power. He describes the benefits of partnering with a solar developer and discusses the financial incentives associated with installing renewable energy across a multifamily portfolio. Listen in for insight on planning for panel maintenance and learn how to add a revenue stream to your multifamily business in 6 to 18 months with solar energy! Key TakeawaysHow John creates inventory as a permitting specialist
How John adds value to a property with solar power
How renewable energy credits or RECs work
The benefits of partnering with a solar developer
What factors to consider as you plan to install solar
The timeline for installing rooftop or ground solar
How renewable energy attracts tenants
Connect with John MathesonResourcesAccess Michael’s Free Resources in the Freedom Vault Be a Part of Michael’s Deal Maker’s Mastermind Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Download Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? Financial Freedom with Real Estate Investing by Michael Blank eConserve Multifamily Water Conservation Solutions
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP304.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 31 January 2022
Can you be successful in real estate investing and successful at a demanding job at the same time? Andrew Schutsky serves as the CIO of a $700M medical technology company. He also happens to be the founder of multifamily syndication firm Redline Equity and host of The Crushing Cashflow Podcast. Andrew has 14 years of real estate rental experience but didn’t enter the multifamily space until last year. Since then, he has built a portfolio of 1100 units! On this episode of Financial Freedom with Real Estate Investing, Andrew joins cohost Garrett Lynch and me to explain how he built a real estate business while working an executive level W-2 job. He describes how he networked into his first deal and offers advice on finding a partner who complements your strengths. Listen in for insight on the strategy of time budgeting and find out how Andrew is making time for his family, his full-time job and financial freedom. Key TakeawaysWhat inspired Andrew’s interest in real estate
Andrew’s shift to multifamily
Andrew’s advice on finding a partner
How Andrew balances real estate with his W-2
Andrew’s strategy of time budgeting
How Andrew makes time for his family
Andrew’s morning routine
How Andrew stays on track to reach his goals
How Andrew thinks about his W-2 job
What financial freedom means to Andrew
Andrew’s advice to aspiring investors
Connect with Andrew SchutskyEmail andrew@investwithredline.com ResourcesAccess Michael’s Free Resources in the Freedom Vault Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Review the Podcast on iTunes [Text CONTEST to 66866] Financial Freedom with Real Estate Investing by Michael Blank The 80/20 Rule on Financial Freedom with Real Estate Investing EP289
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP303.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 24 January 2022
It’s a common misconception in multifamily investing that you have to start small. But Chris Roberts looked beyond his first deal to envision a multimillion-dollar real estate business. He accelerated his success by thinking BIG from the beginning, acquiring nearly 1,000 units worth $69M in just three years. So, what’s the secret to scaling fast the way Chris did?
Chris is the Founder and CEO of Sterling Rhino Capital, where he specializes in commercial debt, managing financials and investor relations. A full-time entrepreneur and investor since 2007, Chris started his real estate career by renovating, flipping and renting dozens of single-family properties. But after attending one of our events, Chris shifted his focus to helping people create cashflow by investing in larger apartment buildings of 100 units or more. On this episode of Financial Freedom with Real Estate Investing, Chris joins cohost Garrett Lynch and me to share the process he used to scale quickly and achieve financial freedom. He explains why finding the right partner was key in growing Sterling Rhino and describes his team's make-it-personal approach to finding deals and raising money. Listen in for Chris’ insight on investing in mentorship and find out what it takes to build a BIG real estate investing business—in very little time. Key TakeawaysWhat inspired Chris to invest in multifamily real estate
The mindset shift that propelled Chris into action
The process Chris used to scale quickly
Chris’ transition from sales and marketing to multifamily
How Chris and his business partner divide roles
Chris’ approach to deal flow and raising money
What Chris is doing to handle scaling quickly
Chris’ advice on how to scale fast in multifamily
Connect with Chris RobertsResourcesGet Tickets for Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join the Deal Maker’s Mastermind Register for the Deal Maker Certification Program Buy Michael’s Syndicated Deal Analyzer Access Michael’s Free Resources in the Freedom Vault Join the Nighthawk Equity Investor Club Review the Podcast on iTunes [Text CONTEST to 66866] Financial Freedom with Real Estate Investing by Michael Blank
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP302.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 17 January 2022
In a culture with an aversion to failure, learning something new is scary. So, what is the best way to build new skills? How much information do you need before you start doing? And how do you keep moving forward when it gets hard? Real Estate Investor and Developer Jerome Maldonado got his start in direct sales and built a six-figure network marketing business in his mid-20’s. He leveraged those skills in team building and sales mastery to pivot into real estate and construction. Today, Jerome runs an eight-figure empire, and he is currently focused on land development and multifamily investing. On this episode of Financial Freedom with Real Estate Investing, Jerome joins cohost Garrett Lynch and me to share his blueprint for getting into a new business and offer advice on how to stick with something when it gets hard. He explains how he developed such a strong work ethic, describing how he built a successful construction business and what inspired his pivot to buying land. Listen in for insight on minimizing risk as a land developer and learn Jerome’s secret to developing new skills as an entrepreneur and real estate investor! Key TakeawaysHow Jerome developed a strong work ethic
What skills most contribute to Jerome’s success
Jerome’s advice on sticking with something
How Jerome built a successful construction business
What inspired Jerome’s pivot to buying land
Jerome’s blueprint for getting into a new business
Jerome’s reduce-the-risk approach to land development
How to learn more about land development
Connect with Jerome MaldonadoResourcesGet Tickets for Deal Maker Bootcamp Download Michael’s Special Report—What's the Best Investment: The Stock Market or Real Estate? Review the Podcast on iTunes [Text CONTEST to 66866] Access Michael’s Free Resources at the Freedom Vault Learn More About Michael’s Mentoring Program Financial Freedom with Real Estate Investing by Michael Blank Grant Cardone on Financial Freedom with Real Estate Investing EP188
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP301.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 10 January 2022
We had some inspiring guests on the podcast in 2021, all with their own particular interest or expertise around achieving financial freedom. But the one thing they all have in common is the powerful combination of hard work and passion it takes to achieve next-level success. So, what were some of the highlights from our interviews this past year? What are my top takeaways from the entrepreneurs and real estate investors who appeared on the show? On this episode, I’m sharing the Best of 2021 on Financial Freedom with Real Estate Investing, beginning with Jordan Harbinger’s insight on building relationships BEFORE you need them and Brandon Turner’s simple approach to developing your personal brand. We revisit John Lee Dumas’ dynamic formula for becoming a person of value, Joe Fairless’ perspective on raising capital through a fund and Chad Williams’ thoughts on applying Navy SEAL principles to your multifamily business. Listen in as we look back at Liz Faircloth’s commitment to building the Real Estate InvestHER community, Jenny Gou’s experience of leaving her high-paying corporate job for real estate, and Ronan McMahon’s understanding of opportunities to invest internationally! Key TakeawaysJordan Harbinger’s proactive approach to networking
Brandon Turner’s insight on building a personal brand
John Lee Dumas’ take on what it takes to be successful
Liz Faircloth's passion for the Real Estate InvestHER community
Joe Fairless’ insight on raising capital through a fund
Chad Williams’ take on applying SEAL principles to multifamily
Jenny Gou’s experience of quitting her job for real estate
Ronan McMahon’s insight on investing internationally
ResourcesRegister for Michael’s Deal Maker Bootcamp Access Michael’s Deal Maker Certification Join the Deal Maker Mastermind Learn More About Michael’s Mentoring Program Get Your Tickets for Deal Maker Live Download Free Resources from The Freedom Vault Review the Podcast on iTunes [Text ‘contest’ to 66866] Financial Freedom with Real Estate Investing by Michael Blank Dig Your Well Before You’re Thirsty: The Only Networking Book You’ll Ever Need by Harvey Mackay
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP300.mp3
Category:Commercial Real Estate -- posted at: 12:00pm EST |
Mon, 3 January 2022
One of the best things you can do for yourself at the end of each year is take time to reflect on what you’ve learned and achieved. Celebrate your wins and apply the lessons learned as you plan for the year to come. On this solo episode of Financial Freedom with Real Estate Investing, I reflect on 2021 through the lens of our core values here at the Michael Blank brands, sharing what I’ve learned about making intentional decisions based on what’s really important to you. I discuss some of the milestones we’ve achieved in the last year, celebrating the launch of our Deal Maker Certification program and the three deals we closed through our investing arm, Nighthawk Equity. Listen in for insight into the market outlook for multifamily in 2022 and find out what we’ve got planned for the new year—and how YOU can be part of our mission to help 1,000 families achieve financial freedom in the next five years! Key TakeawaysThe benefit of examining your core values
Our core values here at The Michael Blank brands
The Michael Blank brands milestones for 2021
Our podcast milestones in 2021
Nighthawk Equity milestones for 2021
My top lessons learned in 2021
The Michael Blank brands plan for 2022
Why we believe multifamily will continue to do well in 2022
Why multifamily prices are likely go up in 2022
My advice on creating an intentional plan for 2022
ResourcesGet Your Tickets for Deal Maker Live Access Michael’s Deal Maker Certification Learn More About Michael’s Mentoring Program Download Free Resources from The Freedom Vault Join the Nighthawk Equity Investor Club Register for Michael’s Deal Maker Bootcamp Join the Deal Maker Mastermind Uganda Counseling and Support Services Core Values on Financial Freedom with Real Estate Investing EP292 Financial Freedom with Real Estate Investing by Michael Blank The State of Multifamily on Financial Freedom with Real Estate Investing EP283
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP299.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 27 December 2021
The more truth you put to any problem, the easier it is to solve. So, if you want to quit your W-2 job, start by doing the math. Because once you know how much you need to cover your living expenses, it’s just a matter of building your multifamily portfolio step by step until you achieve financial freedom. Mandy McAllister is Managing Member of Good Fortune Capital and Cofounder of the Aspiring Women Achieving More community. After years of chasing a commission, Mandy retired from her 9-to-5 in medical device sales to pursue multifamily investing full time. Today, she’s on a mission to help others define their own path to financial freedom. On this episode of Financial Freedom with Real Estate Investing, Mandy joins cohost Garrett Lynch and me to share her take on the different levels of financial freedom, describing how she calculated her freedom number—and achieved it 12 months later. She explains why she started small, working her way up to large multifamily properties acquired in joint venture partnerships. Listen in for Mandy's insight on securing debt to match your business plan and learn how to leverage multifamily investing to break free of YOUR golden handcuffs and live a life by design! Key TakeawaysWhen Mandy started thinking about quitting her job
Mandy’s take on the different levels of financial freedom
How Mandy financed her multifamily deals
How to decide whether to start small or go big right away
What Mandy looks for in a multifamily deal
What Mandy looks for in a joint venture partnership
Why Mandy sees long-term debt as the ultimate flexibility
What Mandy is doing to ensure consistent deal flow
Where Mandy is looking to invest right now
How COVID influenced Mandy’s decision to quit her job
What Mandy is looking forward to moving forward
Connect with Mandy McAllisterResourcesGet Tickets for Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP298.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 20 December 2021
What will make you happy? Yes, money gives us the freedom to retire early and spend our days on a beach somewhere. But it doesn't take long to realize that a fulfilling life requires purpose and meaning. That the end goal is not success but significance. Bestselling author and Top 100 Business Coach David Meltzer is the cofounder of Sports 1 Marketing and former CEO of Leigh Steinberg Sports & Entertainment, the agency that inspired the film Jerry Maguire. David is also the executive producer of the television series 2 Minute Drill and Office Hours and host of The Playbook Podcast. His life’s mission is to empower one billion people to be happy. On this episode of Financial Freedom with Real Estate Investing, David joins cohost Garrett Lynch and me to explain what he learned from his biggest failure, describing the abundance mindset he used to bounce back from losing $100M. He shares his daily habits for achieving success and fulfillment, challenging us to adopt an attitude of gratitude and prioritize what really matters. Listen in for David's insight on reframing failure and learn to engage in the consistent, persistent pursuit of YOUR greatest potential! Key TakeawaysWhat David learned from losing $100M and going bankrupt
David’s quest to empower over 1B people with happiness
David’s daily habits for achieving next-level success
Why David builds his calendar around 5-minute coaching
How David’s definition of success has changed over time
Connect with David MeltzerEmail david@dmeltzer.com ResourcesReview the Podcast on Apple [Text CONTEST to 66866] Learn More About Michael’s Mentoring Program Get Tickets for Deal Maker Bootcamp Join Michael’s Deal Maker Certification Program Uganda Counseling and Support Services Financial Freedom with Real Estate Investing by Michael Blank Office Hours with David Meltzer
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP297.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 13 December 2021
How do you get brokers to take you seriously if you’re brand new to multifamily? Savannah Arroyo and her husband Lupe talked to 50 brokers before they found one who was willing to work with them. But that relationship led to three deals in nine months, allowing Savannah to quit her full-time job as an RN! Savannah is the Founder of Networth Nurse, a platform designed to help healthcare professionals stop living paycheck to paycheck. Through the Networth Nurse blog and YouTube channel, she educates and empowers her colleagues around personal finance and multifamily investing. Savannah and her husband Lupe leveraged the Michael Blank Mentoring Program to accelerate their success, partnering with other students in our network to close three syndications and replace her income as a nurse in under a year. On this episode of Financial Freedom with Real Estate Investing, Savannah joins cohost Garrett Lynch and me to explain how she got that first broker to take her seriously. She describes how she and Lupe created a five-year game plan for their real estate business and then put in the reps, taking daily action to realize that vision. Listen in to understand the benefits of investing in your multifamily education and learn how Savannah is scaling her portfolio through partnerships and the Networth Nurse platform. Key TakeawaysThe freedom of choice real estate gives Savannah
What inspired Savannah and her husband to pursue real estate
How Savannah and Lupe came up with a real estate game plan
How Savannah got started with single family rentals
Why Savannah transitioned from SFH rentals to multifamily
How Savannah pursued real estate while working full time
How Savannah overcame limiting beliefs around raising money
How to get brokers to take you seriously as a new investor
Savannah’s first multifamily deal
Why Savannah decided to invest in coaching
What Savannah is doing to scale the business
How Savannah and her husband share responsibilities
Savannah’s advice for aspiring multifamily investors
Connect with Savannah ArroyoResourcesGet Tickets for Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join Michael’s Deal Maker Certification Program Financial Freedom with Real Estate Investing by Michael Blank
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP296.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 6 December 2021
John Lee Dumas spent the first 32 years of his life chasing the almighty dollar—with little success. But when he took Albert Einstein’s advice and decided to become a man of value, that’s when JLD got a taste of success. JLD is the host of the award-winning podcast Entrepreneurs on Fire, which has racked up over 100M listens and 3K five-star reviews since its launch in 2012. Through EOF, he has interviewed more than 3K of the world’s most successful entrepreneurs, delivering the inspiration and strategies listeners need to FIRE UP their own entrepreneurial journey. JLD is also the author of The Common Path to Uncommon Success: A Roadmap to Financial Freedom and Fulfillment. On this episode of Financial Freedom with Real Estate Investing, JLD joins cohost Garrett Lynch and me to discuss his early struggle to succeed and explain how he approaches the podcast as a way to provide value. He reflects on the powerful combination between hard work and passion, sharing the lessons he’s learned from elite entrepreneurs around productivity, discipline and focusing on one path to success. Listen in for JLD’s method of deciding which opportunities to pursue (investment and otherwise) and find out how achieving financial freedom can help YOU bring big-time value to the world. Key TakeawaysWhy JLD struggled to succeed prior to EOF
JLD’s short career in commercial real estate
JLD’s approach to starting the podcast
Why hard work isn’t enough to succeed
Why financial freedom is important to JLD
The key themes in The Common Path...
What JLD is investing in right now
JLD’s top takeaways from 3K interviews
How JLD picks what opportunities to pursue
How JLD decides what to invest in
Connect with John Lee DumasResourcesGet Tickets for Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Financial Freedom with Real Estate Investing by Michael Blank Rich Dad Poor Dad by Robert T. Kiyosaki Hell Yeah or No: What’s Worth Doing by Derek Sivers
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP295.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 29 November 2021
Robert Kiyosaki’s Cone of Learning illustrates that while we only remember 10% of what we read after two weeks, we recall a full 90% of what we say and do. And that’s why aspiring investors who work through a simulation of their first deal are so much more confident than those who don’t practice the process beforehand. But what does it look like to simulate your first multifamily deal? Where can you go to rehearse the steps in the Deal Maker Blueprint and gain the confidence to follow through? On this episode of Financial Freedom with Real Estate Investing, Nighthawk Equity President Drew Kniffin joins me to discuss our upcoming Deal Maker Bootcamp in Orlando this January and explain how the workshop simulates the process of finding and closing on your first multifamily deal. We explore the benefits of simulating your first deal and following a proven process, challenging you to master the critical skill of analyzing deals quickly and accurately. Listen in for insight on the three kinds of people you need in your real estate network (and where to find them) and learn our top strategies for simulating your first apartment deal and building confidence while you practice in a safe environment. Key TakeawaysRobert Kiyosaki’s Cone of Learning
The benefits of simulating your first deal
How to simulate your first multifamily deal
The 3 kinds of people you should network with
Why we recommend following a proven process
The benefit of being able to analyze deals
Connect with Drew KniffinResourcesRegister for Michael’s Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join Michael’s Deal Maker’s Mastermind Learn More About Deal Maker Live Get Michael’s Blueprint to Your First Multifamily Deal Access Michael’s Syndicated Deal Analyzer Join the Nighthawk Equity Investor Club Financial Freedom with Real Estate Investing by Michael Blank Robert Kiyosaki’s Cone of Learning
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP294.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 22 November 2021
Imagine having the ability to raise $100M for syndication deals in less than 18 months on your favorite social media platform! The fact is, you can take advantage of Facebook, Instagram and even TikTok to reach accredited investors and build connection until they trust you with their money. But how do you create a personal brand and grow an audience online? Brandon Turner is a real estate investor, entrepreneur, speaker and host of the BiggerPockets Podcast. He serves as Founder and Managing Partner at Open Door Capital, a firm that focuses on value-add multifamily properties and mobile home parks. Brandon is also the coauthor of the recently released two-volume series The Multifamily Millionaire. On this episode of Financial Freedom with Real Estate Investing, Brandon joins cohost Garrett Lynch and me to discuss his recent shift to large multifamily projects, explaining how his platform allows him to raise tens of millions in days on Instagram. He shares his passion for mobile home parks, challenging aspiring investors to ‘follow our fire’ and surround ourselves with the people doing what we want. Listen in for Brandon’s insight on building a personal brand and learn to leverage the power of a platform to scale your syndication business! Key TakeawaysWhat inspired Brandon’s shift to large multifamily
Why Brandon is fired up about mobile home parks
Brandon’s pivot to large multifamily syndications
Why Brandon likes building his platform on Instagram
How Brandon would build a following if he had to start over
Why Brandon is building his email and text lists
Brandon’s insight on building a personal brand
The pros and cons of investing in small multifamily
The pros and cons of investing in large multifamily
Brandon’s advice to aspiring multifamily investors
Connect with Brandon TurnerThe Multifamily Millionaire, Volume I by Brandon Turner and Brian Murray The Multifamily Millionaire, Volume II by Brandon Turner and Brian Murray ResourcesFind Out More About Michael’s Platform Builders Masterclass Get Tickets for Deal Maker Bootcamp Join the Nighthawk Equity Investor Club Download Michael’s Free Report—What's the Best Investment: The Stock Market or Real Estate? Learn More About Michael’s Mentoring Program Financial Freedom with Real Estate Investing by Michael Blank Brandon Turner on Financial Freedom with Real Estate Investing EP221
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP293.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 15 November 2021
Multifamily investing is a team sport. And choosing the right partners and team members is critical. But how do you go about determining who is a good fit for your organization and who isn’t? On this solo episode of Financial Freedom with Real Estate Investing, I discuss the importance of figuring out what you stand for and then using those core values to make decisions in your investing business. I walk you through the process of determining your core values, explaining how to choose your themes and translate them into easy-to-memorize headers. Listen in for insight around our core values here at the Michael Blank organization and learn how to get clear on your own values and use them to find the right partners and team members for your investing business! Key TakeawaysThe importance of identifying your core values
Our core values here at The Michael Blank brands
How to identify core values in your organization
The themes we chose at The Michael Blank brands
How to translate your themes into headers
How to expand your headers into descriptives
ResourcesRadical Candor: Be a Kick-Ass Boss without Losing Your Humanity by Kim Scott Who: The A Method for Hiring by Geoff Smart and Randy Street Register for Michael’s Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Financial Freedom with Real Estate Investing by Michael Blank
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP292.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 8 November 2021
While most of us resist setbacks and struggles, both are crucial to our growth. In fact, the most successful investors are those who respond to failure with resilience. Who pick themselves up, dust themselves off and take the next step of uncomfortable action toward their dreams. Rob Rowsell embodies that kind of human will. In 1999, he was a homeless crack addict living on the streets. Then, he stumbled into a rehab center, and through sheer grit, Rob turned his life around. Today, he is a real estate investor, motivational speaker, multiple business owner and bestselling author of Addicted to Life: How I Went from Homeless to Extraordinary Success and Happiness in a Short Period of Time. On this episode of Financial Freedom with Real Estate Investing, Rob joins cohost Garrett Lynch and me to share his journey from homeless addict to successful multifamily investor. He explains why so many aspiring investors don’t succeed, challenging us to develop a strong WHY and leverage visualization to reach our goals. Listen in for Rob’s insight on cultivating the mindset you need to take action, grow through the challenges and achieve financial freedom as a multifamily investor! Key TakeawaysRob’s struggle with addiction
What inspired Rob’s decision to change
How Rob got back into society
Why aspiring investors don’t take action
How Rob uses visualization to reach his goals
The traits of a successful entrepreneur
How Rob used knowledge to build momentum
How Rob got into real estate
How Rob grew a 1K-unit multifamily portfolio
Connect with Rob RowsellResourcesGet Tickets for Deal Maker Bootcamp Access Michael’s Syndicated Deal Analyzer Download Michael’s Deal Maker Blueprint Learn More About Michael’s Mentoring Program See You at the Top by Zig Ziglar
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP291.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 1 November 2021
While single-family real estate is an individual sport, multifamily investing usually involves partners. But finding someone you trust to work with on a multi-million-dollar apartment deal can be challenging, especially for an introvert. So, how do you overcome limiting beliefs around partnering to become a successful multifamily investor? Camilla Jeffs is the Founder and CEO of Steady Stream Investments, a firm focused on providing investment opportunities in large multifamily and senior housing communities. Also known as the Introverted Investor, she has served as the GP for four deals in nine months, built a portfolio of 250 units and quit her W-2 job! Camilla has 19 years of experience in real estate, and she is passionate about educating passive investors around the opportunity to achieve financial freedom through multifamily. On this episode of the Financial Freedom with Real Estate Investing, Camilla joins cohost Garrett Lynch and me to share why it took her 15 years to transition from DIY single-family investor to multifamily GP. She describes the limiting beliefs she carried around partnering with others and explains how she excels at raising capital—despite being an introvert. Listen in for Camilla’s insight on investing for a financial, social and environmental return and learn why networking is key in multifamily syndication. Key TakeawaysCamilla’s experience of quitting her W-2 job
How Camilla got into real estate investing
What inspired Camilla’s shift to large multifamily
Why it took Camilla so long to try multifamily
Why Camilla took on the role of capital raiser
The mindset shift that made Camilla successful
How Camilla thinks about choosing an operator
Camilla’s concept of the Investing Trifecta
Connect with Camilla JeffsResourcesJoin the Nighthawk Equity Investor Club Download Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? Learn More About Michael’s Mentoring Program Financial Freedom with Real Estate Investing by Michael Blank
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP290.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 25 October 2021
You may have heard the idea that only 20% of what we do in business produces 80% of the results. And it follows that if you identify the right 20% and focus on that, you can scale a syndication business fast. But what does that look like in practice? How do you apply the 80/20 rule to make decisions around how to spend your time? Endorsed by Forbes and Inc. Magazine, Perry Marshall is one of the most expensive business strategists in the world and the creator of the world’s largest science research challenge, the $10M Evolution 2.0 Prize. Perry’s reinvention of the Pareto Principle is published in the Harvard Business Review, and he is the author of eight books, including 80/20 Sales and Marketing and Memos from the Head Office. On this episode of the Financial Freedom with Real Estate Investing, Perry joins cohost Garrett Lynch and me to explain the concept of the Pareto Principle and discuss how it applies to real estate syndication. He describes how we can leverage the 80/20 pattern to scale an investing business, challenging us to focus 50% of our attention on the right 1% of our investments. Listen in for Perry’s advice on identifying and marketing to the right investors and learn how YOU can use the 80/20 rule to prioritize your time as a multifamily syndicator! Key TakeawaysThe concept of the 80/20 principle
Perry's realization re: the fractal nature of 80/20
How a syndication businesses can scale using 80/20
How to identify the 20% of investors to focus on
Perry’s insight around the 20/120 rule of business
The message in Perry’s book Memos from the Head Office
Connect with Perry MarshallResourcesRegister for Michael’s Platform Builders Masterclass Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Financial Freedom with Real Estate Investing by Michael Blank 80/20 Sales and Marketing: The Definitive Guide to Working Less and Making More by Perry Marshall ‘80/20 Is a Fractal Law of Nature’ in Harvard Business Review Ultimate Guide to Google Ads by Perry Marshall, Mike Rhodes and Bryan Todd Ultimate Guide to Facebook Advertising by Perry Marshall, Keith Krance and Thomas Meloche
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP289.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 18 October 2021
Most people wait until they need something to start networking. But it’s a real challenge to talk people into helping you when they haven’t heard from you in years. On the other hand, if you make networking a priority and ‘dig the well before you’re thirsty,’ those connections become true friends who fight for you when you need it. Jordan Harbinger is the host of iTunes Top 100 ranked The Jordan Harbinger Show, a podcast where he interviews the world’s top performers, including legendary actors and musicians, intelligence operatives, professional athletes, iconic writers and other visionary change-makers. Jordan is best known for creating one of the leading self-development programs in the world, with a special emphasis on social capital and relationship building. On this episode of Financial Freedom with Real Estate Investing, Jordan joins cohost Garrett Lynch and me to share his proactive approach to networking, explaining why it’s crucial to build relationships before you need them. He offers insight on making connections with A-listers and other high-net-worth individuals, challenging us to provide value and be ‘politely persistent’ for as long as it takes. Listen in for Jordan’s advice on starting over after the breakup of a business partnership and find out why relationships are the best insurance policy money can’t buy. Key TakeawaysHow to find the right level of fearlessness and curiosity
Jordan’s transition from law to entrepreneurship
Jordan’s proactive approach to networking
How Jordan builds relationships with A-listers
How Jordan provides value to celebrities
How Jordan started over after a business breakup
What lessons Jordan learned from starting over
Connect with Jordan HarbingerResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Dig Your Well Before You’re Thirsty: The Only Networking Book You’ll Ever Need by Harvey Mackay
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP288.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 11 October 2021
If I could go back in time, I’d return to 2010 and take advantage of the big buying moment in real estate at the time. But Ronan McMahon argues that if you set your sights beyond the States, there are circumstances like that at play somewhere in the world right now—if you’re willing to invest in international markets. Ronan is a contributing editor at International Living and founder of Real Estate Trend Alert, a newsletter where he explores investment opportunities from all over the world. Ronan spends six months of the year on the road, looking for the best real estate investments around the globe. He is also the author of Profit Principle: An Insider’s Guide to Doubling Your Money in Real Estate Overseas. On this episode of the Financial Freedom with Real Estate Investing, Ronan joins cohost Garrett Lynch and me to explain why investors should consider diversifying with international real estate. He offers insight on the international markets he likes right now, describing how to invest in the path of progress and choose projects with significant upside potential. Listen in for Ronan’s advice on partnering with trusted operators in other countries and learn how his team connects investors with opportunities overseas. Key TakeawaysHow Ronan got into international real estate investing
Why investors should consider international real estate
Ronan’s advice on shortening your learning curve
Ronan’s insight on securing financing in international markets
The international markets Ronan likes right now
How Ronan’s business model is set up
Ronan’s advice on navigating the legal system in other countries
How Ronan’s team navigates regulatory issues outside the US
Connect with Ronan McMahonResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Access Michael’s Blueprint to Your First Multifamily Deal Training
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP287.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 4 October 2021
You might think it would be easy for a well-known flipper to transition to multifamily. But the truth is, a successful career in single-family does NOT translate to the world of apartment building investing. So, how do you make the leap from single-family rentals and flips to multifamily investor? J Scott serves as Partner at Bar Down Investments, a multifamily investing firm with a portfolio of 1,000 units. J got his start in single-family real estate and built a reputation in the flipping business, rehabbing 500 properties and authoring four bestselling books in the BiggerPockets library. And then 18 months ago, J made the transition to multifamily investing. On this episode of the podcast, J joins cohost Garrett Lynch and me to share what inspired his move into multifamily and explain why flipping houses is not the path to financial freedom. He opens up about lacking credibility in the multifamily space, offering insight on how to get brokers to trust you if you’re new to the game. Listen in to understand the 3 things you need to get investors to work with you and learn how to build a reputation in the multifamily space—with or without prior real estate experience! Key TakeawaysHow J got into the real estate space
What inspired J’s transition to multifamily
Why flipping houses is not the path to financial freedom
Why it took J so long to make the shift to multifamily
What J did to compensate for his lack of credibility
How to get brokers to trust you if you’re new to multifamily
J’s advice for investors considering a shift to multifamily
The benefit of having single-family experience
The 3 things you need to get an investor to work with you
How to differentiate yourself from bigger operators
Connect with J ScottResourcesJoin the Nighthawk Equity Investor Club Learn More About Michael’s Mentoring Program Access Michael’s Blueprint to Your First Multifamily Deal Training Financial Freedom with Real Estate Investing by Michael Blank Rich Dad Poor Dad by Robert T. Kiyosaki How to Win Friends & Influence People by Dale Carnegie
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP286_v2.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 27 September 2021
The most successful people are also the most purposeful. They create a vision for the future and take steps to get a little better every day. They take the time to ask: Is my life working for me? If not, how would I like it to look different? David Osborn is the principal owner of the sixth largest real estate company in the US with 4,500-plus agents and $11B in annual sales. David also runs a real estate investing private equity firm and operates 35 other profitable real estate related businesses in the US and Canada. He is well-known for being one of the cofounders of GoBundance, a community of healthy, wealthy, generous men who choose to lead EPIC lives. On this episode of Financial Freedom with Real Estate Investing, David joins cohost Garrett Lynch and me to explain his tagline, ‘Who you become on your journey is far more important than what you achieve.’ He offers insight on the value of connecting with the right people and growing into the best version of yourself. Listen in to understand why David’s definition of wealth involves more than just money and find out how the most successful people get clear on where they’re going and walk in purpose. Key TakeawaysHow David became a real estate investor
What investments David is bullish on right now
Why who you become is more important than what you achieve
The areas of his life David is working on right now
How David thinks about finding work-life balance
David’s well-rounded definition of wealth
Why it’s crucial to surround yourself with the right people
The GoBundance origin story
David’s top lessons learned as an entrepreneur
Connect with David OsbornResourcesBe a Part of Michael’s Deal Maker Mastermind Join the Nighthawk Equity Investor Club Conscious Loving: The Journey to Co-Commitment by Gay & Kathlyn Hendricks The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Eric Jorgenson Lifespan: Why We Age—and Why We Don’t Have To by David A. Sinclair Black Belt of the Mind by Fred Grosse Scott Harrison of Charity Water Tribe of Millionaires: What If One Choice Could Change Everything? by David Osborn & Pat Hiban
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP285.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 20 September 2021
Even if you choose the right property, the wrong debt can wreck a multifamily deal. So, what can we do to manage shifts in the real estate market? How do we structure deals in a way that mitigates risk? Andrew Cushman serves as Principal at Vantage Point Acquisitions, a private equity firm focused on acquiring and repositioning multifamily properties throughout the Southeast US. He left his 9-to-5 as a chemical engineer for real estate in 2007 and built a lucrative house flipping business before finding multifamily in 2011. Since then, Andrew has successfully syndicated more than 2,100 units and launched The Multifamily Accelerator, a mastermind for active and experienced real estate investors. On this episode of Financial Freedom with Real Estate Investing, Andrew joins cohost Garrett Lynch and me to explain why he is confident about buying multifamily right now and share what he is doing to maintain deal flow. He offers insight on underwriting to account for a spike in interest rates or a shift in rent growth and shares his secret for finding off-market deals. Listen in as Andrew describes what kind of inflation is good for apartment investors and learn how to structure agency or bridge debt to best manage risk. Key TakeawaysWhy Andrew is confident about buying multifamily right now
The kind of inflation that’s good for multifamily real estate
Why Andrew used 12-year, fixed-rate debt on a recent deal
Andrew’s top strategies for structuring bridge debt
How to mitigate the risk of a spike in interest rates
What Andrew is doing to find multifamily deals right now
Andrew’s tips for reaching out to owners directly
What Andrew is doing to maintain deal flow
Andrew’s strategy for bidding on listed multifamily deals
How Andrew thinks about rent increases in his underwriting
Connect with Andrew CushmanResourcesExplore Michael’s Deal Maker Certification Training Access Michael’s Platform Builders Masterclass Learn About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Kevin Bupp on Financial Freedom with Real Estate Investing EP281
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP284.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 13 September 2021
Is now really a good time to get started in multifamily? COVID put real estate on a bit of a roller coaster ride. The market cooled for a bit but then came back even hotter! So, is it too hot now? What should we be thinking about as we decide whether to invest now or wait until later? On this solo episode of Financial Freedom with Real Estate Investing, I explain why there will never be a PERFECT time to get into multifamily and discuss how we adjust our tactics with ups and down in the market. I offer insight on why real estate prices are going up right now and describe what soaring construction costs, ongoing demand for affordable housing and rising inflation means for multifamily. Listen in to understand the relationship between rising rents and property values—and find out why investing in REAL assets is the best thing you can do right now! Key TakeawaysMy insight on why now is the right time to get into multifamily
Why real estate prices are going up right now
The impact of soaring construction costs
What the current inflationary environment means for multifamily
The case for investing in multifamily
Why it’s a good idea to invest in real assets right now
ResourcesExplore Michael’s Deal Maker Certification Training Learn More About Michael’s Mentoring Program Register for Michael’s Platform Builders Masterclass Join the Nighthawk Equity Investor Club Get Michael’s Blueprint to Your First Multifamily Deal ‘Construction Costs Are Skyrocketing—Should You Build a House?’ in Forbes ‘Skyrocketing Steel, Lumber Costs Threaten to Slow Construction Jobs’ in Construction Dive ‘The Housing Boom Could Be Losing Steam’ on CNN Business ‘The Housing Shortage—Special Report’ in REALTOR Magazine ‘Apartment Rents Reach New High in June’ in GlobeSt ‘More Americans Are Leaving Cities, But Don’t Call It an Urban Exodus’ in Bloomberg
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP283.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 6 September 2021
Most people see adversity as a bad thing and avoid it at all costs. But what if setbacks are simply part of the journey to success? What if we can convert adversity into rocket fuel and use it to propel us to the next level? Mike ‘C-Roc’ Ciorrocco is the CEO of People Building, Inc. and Cofounder of the emerging tech company Blooprinted. He was named one of the Top Business Leaders to Follow in 2020 by Yahoo Finance and was #1 on their list of Top Mortgage Professionals the same year. Mike is also the host of What Are You Made Of? and the bestselling author of Rocket Fuel: Convert Setbacks, Become Unstoppable. On this episode of Financial Freedom with Real Estate Investing, Mike joins cohost Garrett Lynch and me to explain why adversity is a good thing, describing how he converts setbacks into rocket fuel to become unstoppable. He walks us through the 3 C’s for achieving any big goal, challenging us to get clear on what we want and commit to taking consistent action. Listen in to find out how Mike got into business with Grant Cardone and learn his approach to reframing adversity as your best teacher. Key TakeawaysThe rocket fuel that makes Mike unstoppable
How Mike lifted himself out of a negative environment
Mike’s 3 C’s for realizing you’re not stuck
The importance of your peer group
Why people have a hard time committing to a goal
Why Mike encourages people to tell their story
The 3 reasons people don’t share their story
Why adversity is ultimately a good thing
Mike’s approach to bouncing back from a big setback
How Mike got into business with Grant Cardone
What Mike wants to be remembered for
Connect with Mike CiorroccoResourcesAccess Michael’s Blueprint to Your First Multifamily Deal Training Learn About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Rocket Fuel: Convert Setbacks, Become Unstoppable by Mike Ciorrocco The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone Grant Cardone Sales Training University The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life by Hal Elrod
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP282.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 30 August 2021
Scale is crucial to achieving financial freedom with real estate. And while multifamily is the fastest way to achieve scale, there are other commercial asset classes that will get you there, provided you understand the challenges and how to overcome them. Kevin Bupp is living the dream with mobile home parks, and he’s well-versed what it takes to grow a portfolio in this niche market. Kevin is the CEO of Sunrise Capital Investors, a firm that helps investors build legacy wealth through commercial real estate investing. Kevin and his team focus on mobile home parks and parking assets, market segments with less competition than other asset classes. He has been a real estate investor since he was 19 years old, and he has specialized in mobile home parks for the last 10 years. Kevin is also the host of the Real Estate Investing for Cashflow Podcast. On this episode of Financial Freedom with Real Estate Investing, Kevin joins cohost Garrett Lynch and me to discuss the pros and cons of investing in mobile home parks. He explains why he made the commitment to self-manage his portfolio and shares best practices for building your own property management company. Listen in to understand the process of finding mobile home park deals and learn how Kevin built and scaled a successful mobile home park investing business! Key TakeawaysWhat Kevin loves about mobile home parks
The challenges of mobile home park investing
How to build a property management company
Kevin’s advice on scaling a mobile home portfolio
Kevin’s first hires for a property management team
What a mobile home park value-add deal looks like
Why Kevin prefers selling mobile homes to renting
Kevin’s debt strategy for mobile home parks
How Kevin finds mobile home park deals
How Kevin gets property owner contact info
Why Kevin is getting into parking assets
Connect with Kevin BuppReal Estate Investing for Cashflow Podcast ResourcesAccess Michael’s Blueprint to Your First Multifamily Deal Training Learn About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Kevin Bupp on Financial Freedom with Real Estate Investing EP054 Hunter Thompson on Financial Freedom with Real Estate Investing EP087
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP281.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 23 August 2021
Investing out of your area is a challenge. And investing WAY out of your area, like in a different country, adds another layer of complexity to doing a deal. But as long as you’re willing to make a decision and start moving forward, there’s nothing you can’t figure out along the way. Edna Keep is a real estate investment coach and author of Multiple Ways to Wealth: Creating Your Prosperous Lifestyle. Edna spent 15 years as a financial advisor before she was introduced to real estate, and today, her team owns a portfolio of 800 doors worth $65M in both the US and Canada. On this episode of Financial Freedom with Real Estate Investing, Edna joins cohost Garrett Lynch and me to share the ins and outs of investing out of area and explain the differences between the US and Canadian markets. She describes the challenges of being a foreign investor, offering insight into what she looks for in a market and how she builds a power team on the ground around a deal. Listen in for Edna’s advice on making a decision and then making it work for you—even if you don’t have all the answers about how a deal will work! Key TakeawaysWhat inspired Edna’s interest in real estate
How Edna pitches seller financing deals
How Edna finds sellers that are planning to retire
Edna’s transition to larger multifamily properties
Why Edna prefers real estate over mutual funds
Why Edna is investing in US real estate markets
The logistics of investing in a foreign market
What Edna looks for in a real estate market
Why it’s okay to not have all the answers
Edna’s advice for aspiring investors
Connect with Edna KeepEmail edna@ednakeep.com ResourcesLearn More About Michael’s Mentoring Program Download Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? Join the Nighthawk Equity Investor Club Financial Freedom with Real Estate Investing by Michael Blank National Real Estate Investors Association Canada Mortgage and Housing Corporation Multifamily Networking from Anywhere in the World on FFWREI EP260
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP280.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 16 August 2021
All entrepreneurial activities are not created equal. Running a service-based business is an active pursuit. You’re managing employees, making sales and then following through with high quality work. But in real estate, once you do the initial legwork, the money comes in automatically with very little effort on your part. Pete Schnepp is the successful entrepreneur behind Envision Painting and Roof Coatings, Bug Science Pest Control and PRS Properties. Pete got serious about building a real estate portfolio in 2017, and today, his rental income covers his family’s living expenses, and he is financially free. On this episode of the podcast, Pete joins cohost Garrett Lynch and me to discuss what sets real estate apart from other kinds of entrepreneurship. Pete walks us through the steps he took to build a portfolio of properties and explains why his family continues to live below their means despite having achieved financial freedom. Listen in for Pete’s advice on revisiting your goals every day and find out how he is building generational wealth with real estate! Key TakeawaysWhat inspired Pete’s interest in real estate
The steps Pete took to build his portfolio
How Pete achieved financial freedom
Pete’s insight on living below your means
How Pete and his wife got on the same page
Pete’s future goals when it comes to real estate
How real estate differs from Pete’s other small businesses
Pete’s advice for aspiring real estate investors
Connect with Pete SchneppResourcesRegister for Michael’s Platform Builders Masterclass Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Think and Grow Rich by Napoleon Hill
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP279.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 9 August 2021
The vast majority of multifamily syndicators don’t stop with one property. And with each new deal, we start the stressful process of raising money all over again. But it doesn’t have to be that way! So, how does it work to raise capital for multiple deals through a fund? Joe Fairless is the Cofounder and Partner at Ashcroft Capital, a multifamily firm that invests in 200-plus-unit value-add deals. The Ashcroft team has a portfolio of 38 properties, and in February of 2021, they pivoted from raising money for individual deals to raising capital through funds. On this episode of Financial Freedom with Real Estate Investing, Joe joins me (and the attendees of Deal Maker Live) to discuss the pros and cons of raising money through a fund. He explains the benefit of being able to spread out your capital raise over time, bring on investors whenever they’re ready, and comingle money among deals. Listen in for insight on how Ashcroft structures its funds and find out if YOU’RE ready to start raising money for multifamily through a fund! Key TakeawaysHow Joe achieves work-life integration
How Ashcroft Capital structures its funds
The downside of raising money for funds
Joe’s take on the advantages of raising money for funds
When you should consider raising money through a fund
The pros and cons of using Rule 506(c)
Why Joe’s fund raises money for both class A and B properties
Connect with Joe FairlessResourcesLearn About Michael’s Mentoring Program Access the Recordings from Deal Maker Live Join the Nighthawk Equity Investor Club
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP278.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 2 August 2021
In the short term, multifamily investors can have success simply playing the appreciation game. But if you want to build a multifamily portfolio that survives and thrives for the long term, you have to make operations a priority. Ashley Wilson is the cofounder of Bar Down Investments and the bestselling author of The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors. Ashley has been involved in $60M-plus in real estate transactions in the last 12 years, and she leads asset and construction management for her own multifamily investments. On this episode of Financial Freedom with Real Estate Investing, Ashley joins cohost Garrett Lynch and me to explain why it’s essential for syndicators to focus on operations. Ashley shares her take on the lack of women in real estate, offering advice on how to increase the number of women investors and influencers in the space. Listen in for Ashley’s insight on the #1 skill you need to be a successful investor and find out how to marry asset and construction management to maximize the value of YOUR multifamily portfolio! Key TakeawaysWhat lights Ashley up about multifamily real estate
How Ashley’s real estate strategy has evolved over time
Why multifamily is the holy grail for Ashley’s needs
Why syndicators need to focus on operations
The benefit of marrying asset and construction management
What inspired Ashley to write The Only Woman in the Room
Ashley’s take on the lack of women in the real estate business
Why determination is the #1 skill of a successful investor
How to increase the number of women investors and influencers
Ashley’s advice to aspiring women real estate investors
Connect with Ashley WilsonResourcesAccess the Recordings from Deal Maker Live Register for Michael’s Platform Builders Masterclass Join the Nighthawk Equity Investor Club
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP277.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 26 July 2021
So, you want to go for bigger deals, but your current network is pretty much tapped out. Maybe you struggled to raise $500K for your last deal, and you’d like to add a zero for the next one. How do you attract new investors and scale your capital raise? Jonathan Barr is the Cofounder and Principal at JB2 Investments, a real estate investment firm specializing in 70-plus-unit value-add projects in high cashflow, landlord-friendly markets. Jonathan began his real estate career in 2009, facilitating the acquisition of 400 residential flips in the LA market that generated $22M in profit for his family’s business. On this episode of Financial Freedom with Real Estate Investing, Jonathan joins me to explain what inspired him to invest outside the LA market, sharing the mental blocks he had to overcome to buy properties in the Midwest. Jonathan walks us through his first multifamily deal in Oklahoma City, discussing why he had a hard time raising money for it and how he built an online platform to solve that problem. Listen in for Jonathan’s insight on using Twitter to attract new investors and learn how to scale YOUR ability to raise capital through content creation! Key TakeawaysHow Jonathan got involved in real estate
The pros and cons of working in a family business
What Jonathan learned in SFH acquisitions that translates to multifamily
What inspired Jonathan to invest outside the LA market
Jonathan’s mental block around investing out of the LA market
Why Jonathan made the shift to multifamily
Why Jonathan joined our mentoring program last year
Jonathan’s first multifamily deal
Why Jonathan had a hard time raising money for his first deal
How Jonathan built an online platform to raise capital
Jonathan’s take on why content creation is so important
Jonathan’s insight on how to create content
Jonathan’s advice for syndicators who are tapped out on capital
Connect with Jonathan BarrResourcesRegister for Michael’s Platform Builders Masterclass Learn More About Michael’s Mentoring Program Enter the Financial Freedom Podcast Launch Contest The Tax Stack Strategy: The Magic of Paying Less Tax Using Real Estate by Jonathan Barr
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP276.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Fri, 16 July 2021
In nearly 300 episodes of the Apartment Building Investing podcast, I’ve talked to big names in real estate like Robert Kiyosaki, Brandon Turner and Grant Cardone. I’ve also had conversations with countless men and women you may not have heard of who achieved financial freedom through multifamily syndications. And now, Apartment Building Investing is coming to an end. But only because we’re celebrating a new beginning and rebranding the show as Financial Freedom with Real Estate! On this episode, I explain how Financial Freedom with Real Estate more accurately reflects our mission here at The Michael Blank Organization. I explain what makes investing in apartments better than single family homes, sharing examples of people we’ve empowered to quit their jobs and live a life of purpose through multifamily investing. Listen in for insight on the benefits of our Deal Maker Certification training and find out how to WIN the course in our Financial Freedom Podcast Launch Contest! Key TakeawaysWhy we’re renaming the podcast Financial Freedom with Real Estate
Why apartments are superior to investing in single family homes
How financial freedom empowers people to live a life of purpose
What you learn from our Deal Maker Certification training
ResourcesEnter to Win the Financial Freedom Podcast Launch Contest Financial Freedom with Real Estate Investing by Michael Blank Explore Michael’s Deal Maker Certification Training Learn More About Michael’s Mentoring Program Financial Freedom Hall of Fame
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP275.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 12 July 2021
Multifamily investors know the advantages of scale. But when it comes to residential assisted living or RAL, bigger isn’t always better. The big-box model often leads to poor healthcare outcomes, treating residents not as individuals but part of a process. So, how can investors scale senior living facilities without compromising care? Loe Hornbuckle is CEO of Sage Oak Assisted Living and Memory Care and Cofounder of GoodHorn Capital, a real estate investment firm focused on recession-resistant asset classes including build-to-rent and senior living. Loe has a heart for improving the residential assisted living experience, providing residents with both the quality care associated with small RAL facilities and the advantages of scale. On this episode of Apartment Building Investing, Loe joins cohost Garrett Lynch and me to share his unique, hybrid approach to building assisted living and memory care facilities. Loe explains how his father’s bad experience in hospice inspired his interest in RAL and offers insight on applying his strategy to multifamily deals. Listen in to understand how Loe is solving the scaling problems of residential assisted living and find out if the business of caretaking is right for YOU. Key TakeawaysLoe’s approach to building assisted living and memory care facilities
How Loe is solving the scaling problems of residential assisted living
What Loe’s campus of care homes looks like
What inspired Loe’s interest in assisted living as an asset class
How an investor can get into the business of caretaking
How Loe thinks about processes and systems in RAL
The critical hires for a residential assisted living facility
How to apply Loe’s RAL strategy to multifamily investing
Loe’s advice on getting started with residential assisted living
Connect with Loe HornbuckleResourcesLearn More About Michael’s Mentoring Program |
Mon, 5 July 2021
Adversity is not optional. Whether you’re a Navy SEAL or a multifamily investor, you’re going to face difficult circumstances. And while you don’t have control over what happens, you DO control how you respond. Are you going to let adversity knock you down? Or will you rise to the occasion? Chad Williams the bestselling author of SEAL of God, a memoir of his grueling journey through Naval Ops training and onto the war-torn streets of Iraq. Chad is also a sought-after international speaker, drawing on his experience as Navy SEAL to share lessons around teamwork, integrity, mental toughness and overcoming adversity, and he is set to deliver the keynote address at Deal Maker Live next week in Dallas. On this episode of Apartment Building Investing, Chad joins cohost Drew Kniffin and me to explain how the principles he mastered as a SEAL apply to multifamily investing, challenging us to be servant leaders and stay calm in the face of adversity. Chad offers advice on staying the course in difficult times, describing how a strong WHY made him one of only 13 SEAL trainees to graduate (in a class of 173). Listen in for Chad’s insight on the choice you have to let adversity be a weight or a wing and learn to be resilient regardless of the challenges life brings your way! Key TakeawaysThe story of Chad’s final operation in Iraq
What it looks like to be a servant leader
Chad’s advice on how to respond to adversity
The challenge of completing the training to become a SEAL
How to stay the course and endure through challenging times
Connect with Chad WilliamsResourcesSign Up for Chad’s Deal Maker Live Adventure Access Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? Join the Nighthawk Equity Investor Club Learn More About Michael’s Mentoring Program Download Michael’s Free eBook: The Secret to Raising Money for Your First Apartment Building |
Mon, 28 June 2021
Asset management may not be as sexy as raising money or chasing deals. But it’s the aspect of multifamily investing that makes a deal successful—or not. So, what’s involved in the operation of an apartment building? And how can an asset manager work with their property management team to solve problems together? Kyle Mitchell is the cofounder of Asset Management Mastery, a platform designed to help multifamily investors become best-in-class operators. Kyle owns and operates a portfolio of 400 units worth $400M in Tucson and Phoenix, Arizona. He is also the coauthor of Best in Class: How to Manage Your Multifamily Asset, Avoid Mistakes and Build Wealth Through Real Estate and serves as a mentor with The Michael Blank organization. On this episode of Apartment Building Investing, Kyle joins cohost Garrett Lynch and me to discuss the role of a multifamily asset manager, explaining how he conducts monthly secret shopper audits and what KPIs he tracks on a regular basis. Kyle describes what attracted him to the asset management side of the business, discussing how he partners with the property management team to get the best out of a property. Listen in for Kyle’s hands-on approach to renovation management and find out how he is navigating material and labor shortages in the aftermath of the pandemic. Key TakeawaysThe role of a multifamily asset manager
What attracted Kyle to asset management
Why Kyle moved into the market where he invests
How Kyle conducts a monthly secret shopper audit
What key performance indicators Kyle tracks
How Kyle handles multifamily renovation management
How to navigate the current material and labor shortages
What Kyle does when a property manager isn’t performing
How to be proactive when it comes to asset management
Connect with Kyle MitchellAsset Management Mastery Podcast Passive Income Through Multifamily Real Estate Podcast ResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Download Michael’s Free eBook: The Secret to Raising Money for Your First Apartment Building Kyle Mitchell on Apartment Building Investing EP172 Neal Bawa’s LASAL Revenue Management System |
Mon, 21 June 2021
What does a multifamily investor look like? If you grew up in a working-class family that didn’t talk about money, let alone investing, you may have a hard time seeing yourself as a successful syndicator. But you don’t have to be a Wall Street guy to build a multifamily real estate business. You can raise millions of dollars for deals no matter where you come from… But you’ve got to BELIEVE you can. Timothy Lyons is a 15-year veteran of the New York City Fire Department and Principal and Managing Partner at Cityside Capital. He invested in his first 3-family property at the end of 2019, and today, he has been involved in 5 syndications worth over $100M. Tim is also a contributor to Bringing Value, Solving Problems and Leaving a Legacy, a collection of powerful stories of transformation from thought leaders, entrepreneurs and real estate investors. On this episode of Apartment Building Investing, Tim joins cohost Garrett Lynch and me to discuss the power of belief, explaining how he overcame imposter syndrome to build a portfolio of 720-plus units in 12 months. Tim shares why he was skeptical about investing in a coach and how he realized the value of aligning with a network of people who are successful at what you want to do. Listen in for Tim’s amazing story of going all-in on multifamily at the start of the pandemic and learn to push through YOUR limiting beliefs and achieve financial freedom with real estate! Key TakeawaysWhy Tim got into real estate investing
Tim’s first 3-family property
The next steps Tim took to go bigger, faster
How Tim overcame his resistance to investing in a coach
The timeline around Tim’s multifamily education
How Tim realized the power of multifamily syndication
How Tim overcame limiting beliefs re: raising money
How Tim is raising $2.5M for his fifth syndication
Tim’s advice for aspiring multifamily investors
What Tim did to overcome imposter syndrome
Connect with Timothy LyonsBringing Value, Solving Problems and Leaving a Legacy by Tim Lyons et al. ResourcesInvest in Michael’s Deal Maker Certification Training Learn More About Michael’s Mentoring Program Download Michael’s Free eBook: The Secret to Raising Money for Your First Apartment Building |
Mon, 14 June 2021
It’s easy to talk yourself out of your first multifamily deal. Working through obstacle after obstacle alone wears on a first-time syndicator, and you feel like giving up. But if you partner with another investor, you don’t want to let each other down. And you push through adversity, showing up with a kind of tenacity you may not have had on your own. Gary Van Bortel and John Bilinski are the syndication team behind ROC Capital Group, a multifamily investment firm out of Rochester, New York. Gary and John have 30 years of investing experience between them, building individual portfolios of single family and small multifamily properties before partnering on their first apartment syndication in 2020, a $1M raise for 48-unit deal in Syracuse. Gary and John are also the organizers of the Upstate Commercial Apartment Investors Meetup. On this episode of Apartment Building Investing, Gary and John join cohost Garrett Lynch and me to explain why they decided to work together, describing how a partnership motivates you to keep moving forward—even when a deal gets hairy. Gary and John discuss how they connected with potential investors through a local Meetup and share how they got investors to commit to their first deal. Listen in for insight on pushing through when things don’t go according to plan (I’m looking at you, COVID) and learn to leverage a strong partnership to work through obstacles together. Key TakeawaysHow Gary got into real estate
How John got into real estate
What inspired Gary and John’s shift to multifamily
Why Gary and John decided to partner
How Gary and John primed investors
How Gary and John found their first deal
What made Gary and John’s first deal a challenge
Gary and John’s journey to raising $1M
How Gary and John got investors on board
The obstacles Gary and John faced with COVID
Gary and John’s advice for aspiring syndicators
Connect with Gary Van Bortel & John BilinskiUpstate Commercial Apartment Investor Group Meetup Email gary@roccapitalgroup.com Email john@roccapitalgroup.com ResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Download Michael’s Free eBook: The Secret to Raising Money for Your First Apartment Building |
Mon, 7 June 2021
COVID decimated the hotel industry, bringing property values down significantly. And savvy multifamily investors are buying distressed hotels on the cheap and converting them into apartment buildings. But what are the pros and cons of this strategy? Serge Shukhat serves as Principal at Zona Capital, LLC, a real estate investment firm that specializes in acquiring value-add multifamily and mobile home park assets. Serge spent 13 years as a corporate warrior before leaving his W-2 in 2012 with the cashflow from 70 single family rentals. Then he shifted his focus to multifamily and now owns a portfolio of more than 1,000 units. And in the last two years, Serge has developed an innovative strategy for repositioning hotels as multifamily properties. On this episode of Apartment Building Investing, Serge joins cohost Garrett Lynch and me to share his approach to converting hotels into apartment buildings. Serge explains why he operates the units as Airbnbs to start and leases them up gradually and describes the challenges of running this kind of hybrid property. Listen in for Serge’s insight on the barriers to entry for repositioning hotels and learn how YOU can benefit from acting on this unconventional multifamily play! Key TakeawaysHow Serge got involved in real estate
How Serge analyzes price per door
What inspired Serge to reposition hotels as multifamily
Serge’s first hotel-to-apartment conversion
Serge’s Airbnb bridge strategy
What makes Serge’s STR bridge strategy work
The challenges of hotel-to-multifamily conversions
Why Serge is conflicted about shifting to full multifamily
Connect with Serge ShukhatResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Download Michael’s Free eBook: The Secret to Raising Money for Your First Apartment Building Garrett on The Real Estate Syndication Show with Whitney Sewell |
Mon, 31 May 2021
I used to dismiss mindset as the key to success. But I’ve since come to understand that until you get your head straight, you won’t take action. So, what mindset shifts do you need to make to become a successful multifamily investor? On this solo episode of Apartment Building Investing, I walk you through the 6 seismic shifts it takes to quit your job with real estate, challenging you to clear on WHY you want financial freedom and develop a strong belief in yourself and the system you’re following. I explain why you have to accept that you don’t know everything and take consistent action over time to see results. Listen in for insight on playing the long game and learn the benefits of partnering with others to scale a successful syndication business! Key TakeawaysSeismic Shift #1—Clarity
Seismic Shift #2—Belief
Seismic Shift #3—Surrender
Seismic Shift #4—Consistency
Seismic Shift #5—Play the long game
Seismic Shift #6—Be open to working with others
ResourcesAccess Michael’s Free Blueprint to Your First Multifamily Deal Training Learn More About Michael’s Mentoring Program Watch the Replay of Michael’s Platform Builders Masterclass Rich Dad Poor Dad by Robert T. Kiyosaki |
Mon, 24 May 2021
After interviewing 100 of the top real estate investors, Steven Pesavento realized that mindset really is the foundation of investing success. So, how do the most successful investors and entrepreneurs think differently? And how can you apply these same principles to your investing efforts and achieve real-world success? Steven is the President and Trusted Advisor at VonFinch Capital, a real estate firm out of Denver, Colorado, that focuses on curating hassle-free passive investments. He flipped 200 houses in three years before transitioning to multifamily in 2020. Steven is also the host of The Investor Mindset Podcast and the author of Principles of Success: Lessons from Top Real Estate Investors. On this episode of Apartment Building Investing, Steven joins cohost Garrett Lynch and me to share his five success principles of top real estate investors and explain why mindset is so important to investing success. Steven describes what inspired his shift from flipping houses to multifamily and what steps he took to make the transition to commercial real estate. Listen in for Steven’s insight on what it looks like to have your mindset tested and learn to apply his success principles in the real world of real estate investing! Key TakeawaysWhat inspired Steven’s shift from flipping to multifamily
What steps Steven took to transition to commercial real estate
Why Steven decided multifamily was the right asset class
Why mindset is important to investing success
Steven’s 5 success principles of top real estate investors
How to apply the 5 success principles in real-world investing
Steven’s experience with having his mindset tested
Connect with Steven PesaventoResourcesJoin the Nighthawk Equity Investor Club Learn More About Michael’s Mentoring Program Download Michael’s Free eBook: The Secret to Raising Money for Your First Apartment Building Principles of Success: Lessons from Top Real Estate Investors by Steven Pesavento Never Split the Difference: Negotiating as If Your Life Depended On It by Chris Voss and Tahl Raz Michael on The Investor Mindset Podcast EP075 Start with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek |
Mon, 17 May 2021
A lifestyle investor doesn’t trade time for money. They buy cashflowing assets that replace their W-2 income and go on to build a life around what matters most—focusing on their family, their passions and their purpose. So, what steps can YOU take to become a financially independent lifestyle investor? Justin Donald is the Founder of The Lifestyle Investor, a platform designed to help people use low-risk, cashflow investing to enjoy a life of passive income NOW. He leveraged real estate to grow his net worth to eight figures in less than two years, and he shares the blueprint in The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom. Justin also serves as the host of the Lifestyle Investor Podcast. On this episode of Apartment Building Investing, Justin joins cohost Garrett Lynch and me to discuss the steps he took to replace his lifestyle income and create a life of his own design. Justin explains how he got his start investing in mobile home parks and walks us through his first three commandments for investing in income-producing assets. Listen in for insight on Justin’s mission to help investors buy our time back, achieve financial freedom and pursue a purposeful, inspiring life! Key TakeawaysWhat Justin covers in The Lifestyle Investor
The steps to becoming a lifestyle investor
How Justin defines a lifestyle investor
How Justin got into real estate investing
Justin’s first 3 commandments of lifestyle investing
What investors learn in Justin’s mastermind
The danger of herd mentality investing
Justin’s advice on finding income amplifiers
How long it took Justin to achieve financial freedom
What Justin wants his legacy to be
Connect with Justin DonaldResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Michael on Lifestyle Investor EP028 Apartment Investor Network Facebook Group
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Mon, 10 May 2021
The beauty of multifamily investing is that you don’t do it alone. If you’re just getting started, you can bring a deal to an experienced operator. And once you’ve built a network of your own, you can flip the script and cosponsor deals with up-and-coming syndicators, leveraging your relationships to raise money for deals and scale your business faster! Philippe Schulligen is the Founder of Five Five Five Ventures, a firm dedicated to helping professionals navigate multifamily real estate investments. Philippe is the co-owner of 1,450 multifamily units worth $70M, and he has raised $22M in capital from investors. Philippe spent 20 years in corporate aviation before quitting his 9-to-5 for real estate, and he also serves as a mentor for The Michael Blank organization. On this episode of Apartment Building Investing, Philippe joins cohost Garrett Lynch and me to explain how he got his start in multifamily by partnering with an experienced operator. Philippe describes how building relationships with a network allowed him to scale faster and shift from finding deals to becoming a cosponsor and capital raiser. Listen in as Philippe gets real about what he learned when an equity partner bailed on a big deal at the last minute and find out how to start building YOUR multifamily network with the help of a mentor like Philippe! Key TakeawaysHow Philippe got into real estate
Why Philippe pivoted to multifamily
Philippe’s approach to multifamily investing
Philippe’s first 2 multifamily deals
What surprised Philippe most about multifamily
What gave Philippe the confidence to make his first offer
Philippe’s advice on becoming a successful cosponsor
How Philippe identifies potential JV partners
What Philippe learned from a big deal that fell through
What inspired Philippe to become a mentor
Connect with Philippe SchulligenEmail philippe@555ventures.com Philippe on The Michael Blank Mentorship Team ResourcesLearn More About Michael’s Mentoring Program Purchase Michael’s Syndicated Deal Analyzer Access Michael’s Deal Maker Certification Training Partner with Michael Through the Deal Desk Download Michael’s Free eBook The Secret to Raising Money to Buy Your First Apartment Building Join the Nighthawk Equity Investor Club Gino Wickman on Apartment Building Investing EP243 Entrepreneurial Leap: Do You Have What It Takes to Become an Entrepreneur? by Gino Wickman |
Mon, 26 April 2021
It’s overwhelming to think through how many doors you need to quit your job with real estate. But what if I told you that all you really have to do is get one multifamily deal under your belt? Over and over again, I’ve observed that once an investor closes on their first deal, they achieve financial freedom very quickly—and with little effort. So, how does that work? On this episode of Apartment Building Investing, I explain the curious Law of the First Deal, describing how your first deal triggers opportunities for second and third deals in rapid, automatic succession. I share my idea of a Time Freedom Clock, discussing the typical timeline for quitting your job with multifamily. Listen in to understand why the Law of the First Deal works and learn how our new Deal Maker Certification gets you ‘deal ready’ in just 90 days! Key TakeawaysThe phenomenon around the Law of the First Deal
The idea around my Time to Freedom Clock
Why the Law of the First Deal works
How our new Deal Maker Certification gets you ‘deal ready’
ResourcesFinancial Freedom with Real Estate Investing by Michael Blank Explore Michael’s Deal Maker Certification Training Download Michael’s Deal Maker Blueprint Join the Deal Maker’s Mastermind Learn More About Michael’s Mentoring Program The Deal Maker Certification on Apartment Building Investing EP262 |
Mon, 19 April 2021
What if you could run a successful multifamily syndication business with other people’s money? And what if you could do it with no prior experience and achieve financial freedom in one to three years? Here at the Michael Blank organization, we’ve helped 130-plus new investors do their first deal, using a step-by-step process we call the Deal Maker Blueprint. On this solo episode of Apartment Building Investing, I walk you through the 8-step system to achieve financial freedom with multifamily syndications, explaining why it’s crucial to map your vision and connect with a network of likeminded peers early in your journey. I describe how to get the skill set you need to speak to brokers and investors (in just 30 days!) and then work the system, analyzing deals and building your pipeline until you close your first deal. Listen in for insight on scaling a syndication business and learn how financial freedom leads to a life of significance! Key TakeawaysHow I respond to the common objections re: multifamily
The Deal Maker Blueprint Step #1—Map Your Vision
The Deal Maker Blueprint Step #2—Get Connected
The Deal Maker Blueprint Step #3—Get the Skills
The Deal Maker Blueprint Step #4—Work the System
The Deal Maker Blueprint Step #5—Build Your Pipeline
The Deal Maker Blueprint Step #6—Close the Deal
The Deal Maker Blueprint Step #7—Grow and Scale
The Deal Maker Blueprint Step #8—Make a Difference
ResourcesDownload Michael’s Deal Maker Blueprint Join the Deal Maker’s Mastermind Learn More About Michael’s Mentoring Program Explore Michael’s Deal Maker Certification Training Watch the Replay of Michael’s Platform Builders Masterclass Financial Freedom with Real Estate Investing by Michael Blank Affirmations on Apartment Building Investing EP247 The (6-Minute) Miracle Morning |
Mon, 5 April 2021
So, you want to be a multifamily investor, but… You’ve never done a deal before. You don’t feel comfortable approaching potential partners. The pandemic has shut down all of the usual networking events. And you live six time zones ahead of the market where you’d like to invest. But what if all of these challenges are really just opportunities to grow? Suzy Sevier and Michael Barnhart are the husband-and-wife team behind Adventurous Real Estate Investors, a multifamily firm dedicated to helping avid travelers and adventure seekers create passive income and time freedom through apartment building investing. Suzy and Michael got interested in real estate during the lockdown, and in nine months, they have attended 10 virtual events, booked 600 networking calls, put together an experienced team and built a portfolio of 88 units—without leaving their home in the UK! On this episode of Apartment Building Investing, Suzy and Michael join cohost Garrett Lynch and me to share their genius system for turning virtual events into networking opportunities and following up with the people they meet. They explain why they built a thought leadership platform right away and describe what kind of educational content they create. Listen in for insight on how Suzy and Michael turn roadblocks into opportunities, making the best of the situation they’re in to make their dream of financial freedom a reality! Key TakeawaysHow Suzy & Michael got interested in real estate
How to turn virtual events into networking opportunities
How Suzy & Michael found virtual real estate events
Suzy & Michael’s system for following up with contacts
What kind of educational content Suzy & Michael create
When Suzy & Michael found the time for investing
The team of 6 Suzy & Michael created from networking
How Suzy & Michael got past their fears of networking
What it’s like for Suzy & Michael to work together
Why Suzy & Michael focused on content right away
Suzy & Michael’s advice for aspiring multifamily investors
Connect with Suzy Sevier & Michael BarnhartAdventurous Real Estate Investors Michael & Suzy’s Free Checklist ResourcesPartner with Michael Through the Deal Desk Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Explore Michael’s Platform Builders Framework Learn More About Deal Maker Live Multiple Streams of Income: How to Generate a Lifetime of Unlimited Wealth! by Robert G. Allen |
Mon, 29 March 2021
When you have a high-paying corporate job, it can be tough to walk away. But if time freedom is a priority for you, and you’re willing to take action, you absolutely CAN break out of the rat race and replace your W-2 income with multifamily real estate. Jenny Gou and Steven Louie are the Cofounders of Vertical Street Ventures, a multifamily investment firm dedicated to helping people achieve financial freedom through passive investing in real estate. Steve is an experienced multifamily investor with a portfolio of 2,500-plus units, and he recently quit his corporate job to focus on real estate full time. Jenny left the rat race early in 2020 with a portfolio of single-family homes, and since then, she has gone from zero to 800 multifamily units. On this episode of Apartment Building Investing, Jenny and Steve join me to discuss how they broke out of corporate America, describing the mindset of action and focus on family that drove their decision to walk away. They explain how their respective backgrounds in sales benefit their real estate business, sharing how it gives them a competitive edge in sourcing opportunities. Listen in for insight on the different roles on a multifamily team and learn how to achieve scale by partnering with other investors. Key TakeawaysHow Steve & Jenny met and became partners
What made Steve a good mentor for Jenny
Why Steve agreed to partner with Jenny
What appeals to Jenny about multifamily operations
How Jenny benefits from being a full-time investor
The roles on a multifamily real estate team
Why Steve & Jenny decided to partner NOW
What inspired Steve to leave a good corporate gig
How a sales background helps multifamily investors
What Steve & Jenny would tell their younger selves
Connect with Steven Louie & Jenny GouResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Explore Michael’s Platform Builders Framework Feedspot’s Top 40 Apartment Investing Podcasts CASHFLOW Quadrant: Rich Dad’s Guide to Financial Freedom by Robert T. Kiyosaki |
Mon, 22 March 2021
Without the high-net-worth individuals who put money in our deals, we wouldn’t have a syndication business. And yet, most of us are terrible at showing our appreciation to the passive investors we work with. When a deal goes through, we send them a mug or hat with our logo on it and call it a day. But does that reflect what the relationship is actually worth to us? Is there a better way to do gifting? John Ruhlin is the Cofounder of Giftology Group, a strategic gifting consultancy that helps sales leaders, business owners and executives unlock loyalty and turn clients into raving fans. He founded Giftology Group in college to market Cutco Cutlery as a high-end corporate gift to companies of all sizes, and today, John is the #1 distributor in Cutco’s 60-year history. John is also a sought-after keynote speaker and author of Giftology: The Art and Science of Using Gifts to Cut Through the Noise, Increase Referrals, and Strengthen Retention. On this episode of Apartment Building Investing, John joins cohost Garrett Lynch to explain how he came to dominate the Cutco leaderboard using gifting to build relationships. He introduces us to the giftology system, describing how he leverages generosity to turn his best clients into salespeople and raving fans. Listen in for John’s insight on how much to allocate for gift-giving and learn how YOU can get a 10X return by investing in the people who make your business profitable. Key TakeawaysHow John came to dominate the Cutco leaderboard
John’s insight on the value of relationship-building
John’s concept of a return on relationship
The key ingredients of John’s giftology system
What makes John’s giftology system work
How much a business should allocate toward gift-giving
Why giftology requires a long-term commitment
John’s top examples of the benefits of giftology
Connect with John RuhlinEmail john@giftologygroup.com ResourcesJoin the Nighthawk Equity Investor Club Learn More About Michael’s Mentoring Program Jab, Jab, Jab, Right Hook: How to Tell Your Story in a Noisy Social World by Gary Vaynerchuk John on Marketing for the Now with Gary Vaynerchuk |
Mon, 15 March 2021
There’s a lot of pressure on high school grads to go to college. Without a degree, the story goes, we can’t earn good money. But Cody Davis realized he didn’t need earned income if he could make passive income with real estate. And he didn’t let little things like being 19 years old and having no money or experience get in his way. Cody is a broker with Blackwell Real Estate in Tacoma, Washington, and multifamily investor with a portfolio of 24 units. And he just turned 21. Cody dropped out of college to get his real estate license just two years ago, and since then, he’s closed on two 12-unit deals—without using any of his own money! On this episode of Apartment Building Investing, Cody joins me to explain how he overcame the pressure to go to college and what inspired his mentor to take Cody on. He shares his unique approach to cold calling, discussing why sellers take him seriously despite his youth and how he’s building the skill of raising money. Listen in to understand how Cody used seller financing to do his first two deals and find out how he achieved financial freedom before he was old enough to buy a drink. Key TakeawaysHow Cody got interested in real estate
How Cody overcame the pressure to fit in with friends
How Cody found a mentor in Robert Slattery
What Cody would have done without a mentor
Why Cody is willing to broker deals for others
How Cody overcame the fear of cold calling
Cody’s first $1.1M 12-unit seller financing deal
Why sellers take Cody seriously despite his age
Cody’s second $680K 12-unit seller financing deal
Cody’s experience with the Law of the First Deal
How sellers benefit from seller financing
Cody’s advice for aspiring multifamily investors
Connect with Cody DavisEmail cody@blackwellre.com ResourcesJoin the Nighthawk Equity Investor Club Learn More About Michael’s Mentoring Program The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss Be Obsessed or Be Average by Grant Cardone Robert Slattery at Blackwell Real Estate |
Mon, 8 March 2021
When your WHY is big enough, you find a way. It doesn’t matter that you’re brand new to real estate investing. It doesn’t matter that you don’t have a college degree. And it doesn’t matter that you don’t have any money. Sadhana Sabharwal is the real estate investor and coach behind Single Mom Millionaire and The No Money Down Academy training course. Sadhana was a recently-divorced, single mother of three boys when she got into real estate, and in four years, she built a portfolio of 46 doors. Sadhana’s focus is on buying, renovating and holding properties for positive cashflow, and she specializes in creative financing strategies that leverage other people’s money to buy real estate. On this episode of Apartment Building Investing, Sadhana joins cohost Garrett Lynch and me to explain how a painful divorce inspired her real estate investing journey. She shares her approach to creative financing, describing how she funds deals with seller financing and why networking was so valuable in helping her learn the business. Listen in for insight on finding your WHY and learn how Sadhana’s positive mindset influences her success! Key TakeawaysHow Sadhana’s real estate investing journey began
How Sadhana got interested in real estate investing
How Sadhana funded her first deals with no money
Sadhana’s initial plan for real estate investing
How Sadhana overcame being female and a minority
Sadhana’s advice on getting started with real estate
Sadhana’s favorite creative financing techniques
How Sadhana got over the fear of asking for help
What needs to happen to have more women investors
The top lessons Sadhana learned from her divorce
Connect with Sadhana SabharwalResourcesJoin the Nighthawk Equity Investor Club What’s the Best Investment: The Stock Market or Real Estate? |
Mon, 1 March 2021
As a passive investors, we understand the importance of building a diverse portfolio. And while multifamily is the best investment on the planet, it doesn’t hurt to explore our options, especially when BIG opportunities present themselves. So, what are the opportunities in oil right now? And how do we choose a project that is likely to succeed? Bob Burr is the driving force behind Burrite, an investment firm that focuses on the acquisition and consolidation of oil and gas properties. A 47-year veteran of oil and energy finance, Bob is dedicated to helping the industry bounce back from the COVID crisis by providing the bridge capital necessary to weather the current economic storm. Bob is currently raising money for the BR Dome property, a project that involves recompleting 247 existing wells with room for 200 more. On this episode of Apartment Building Investing, Bob joins cohost Garrett Lynch and me to explain how he set himself up for buying opportunities when oil prices dropped and share the tax advantages of investing in oil. He walks us through the parallels between multifamily and oil, discussing the importance of putting together an experienced team that can identify and operate value-add projects. Listen in for Bob’s insight on why a passive investor should consider adding oil to their portfolio (even in the Biden era) and find out how YOU can get Bob’s Q&A video by shooting an email to admin@burrite.com. Key TakeawaysBob’s extensive background in the oil business
How Bob set himself up for buying opportunities in COVID
Bob’s BR Dome project in Houston
What Bob does to attract and maintain a strong team
The lessons Bob has learned through many market cycles
Bob’s insight on buying undervalued assets
How it works to invest in an oil project
Why Bob is optimistic about oil in the Biden administration
The parallels between investing in oil and real estate
Why a passive investor should add oil to their portfolio
How to learn more about investing in Bob’s oil projects
Connect with Bob BurrEmail admin@burrite.com for a link to Bob’s Q&A Video ResourcesLearn More About Michael’s Mentoring Program |
Mon, 22 February 2021
In real estate school, they teach you that the money is made when you buy. But that just isn’t true for apartment buildings. Yes, you have to buy right. But in the multifamily space, the money is made in the execution of your plan to increase revenue and reduce expenses. And the asset manager is responsible for making sure that happens. Daniel Simpson serves as Asset Manager at Nighthawk Equity, the investing arm of The Michael Blank organization. He has nearly 30 years of experience in multifamily, residential and commercial property management, developing an expertise in strategic business forecasting, budget allocation, complex data analysis and property financials. Daniel has an impressive track record of acquiring, renovating and repositioning C-class value-add properties in as little as 18 months. On this episode of Apartment Building Investing, Daniel joins me to share his hands-on approach to asset management, describing what he does on his monthly site visits and how he helps property managers optimize revenue and reduce expenses. He walks us through the metrics he uses to identify property management issues and explains why all problems come down to people. Listen in for Daniel’s insight on the limited role property managers should play in construction projects and learn when you should consider hiring a full-time asset manager! Key TakeawaysDaniel’s insight on the fundamentals of asset management
How often Daniel meets with property managers
When to take a hands-on approach with property managers
Daniel’s take on why all problems come down to people
What metrics Daniel watches closely as an asset manager
How to identify problems with property management
Daniel’s process for optimizing a multifamily business
How Daniel thinks about managing expenses
What Daniel does on his monthly site visits to a property
Why property managers should not handle construction
The role a property manager should play in construction
What an average syndicator can do if they can’t afford a GC
When it’s time to hire an asset manager for your business
Connect with Daniel SimpsonEmail daniel@nighthawkequity.com ResourcesLearn More About Michael’s Mentoring Program |
Mon, 15 February 2021
Yes, work ethic and taking action are key in becoming a successful real estate investor. But mindset is even more important. Before you can start working toward the life you want, you have to conquer middleclass thinking. You have to stop following the money and start making money follow YOU. Keith Weinhold is the real estate educator, entrepreneur and investor behind Get Rich Education, a platform designed to help people achieve financial freedom through real estate investing. An active member of the Forbes Real Estate Council, Keith is known for his expertise around buy-and-hold real estate, and he transacts 100-plus properties per year. Keith is also a bestselling author and host of the wildly popular Get Rich Education Podcast, a show with more than 3M downloads in 188 countries. On this episode of Apartment Building Investing, Keith joins cohost Garrett Lynch and I to explain why mindset is crucial in becoming a successful real estate investor, describing how to overcome middleclass thinking and make other people’s money work for you. He weighs in on why delayed gratification is overrated, challenging us to cultivate an abundance mentality and start living the life we want right now. Listen in for Keith’s insight on the ‘shadow demand’ in the housing market and learn why inflation is a good thing for YOU as a multifamily investor. Key TakeawaysWhy mindset is crucial in becoming a successful real estate investor
What inspired Keith to move to Alaska and invest in real estate
Why so many people settle and never take action to invest
The first steps to improving your quality of life with real estate
The problem Keith sees with middle class thinking
How real estate makes other people’s money work for you
Why more people aren’t investing in real estate over Wall Street
Keith’s mission through the Get Rich Education platform
Why Keith thinks delayed gratification is overrated
Why the property is the 4th most important thing in investing
Keith’s short-term outlook on the real estate market
Keith’s insight on shadow demand in the real estate market
The 3 ways inflation is good for real estate investors
Connect with Keith WeinholdResourcesLearn More About Michael’s Mentoring Program Keith on Apartment Building Investing EP034 Ted Benna on Get Rich Education EP197 Pew Research Statistics on Young Adults Living with Parents US Bureau of Labor Statistics Consumer Price Index Keith’s Inflation Triple Crown Video Keith’s Free eBook 7 Money Myths That Are Killing Your Wealth Potential |
Mon, 8 February 2021
Raising capital is at the heart of multifamily syndication. But how do you build relationships with prospective investors and make them feel comfortable enough to trust you with their hard-earned money? David Meilan is the Director of Investor Relations at Nighthawk Equity, the investing arm of The Michael Blank organization. He has worked in the multifamily space since 2018, raising over $100M in investor capital for a range of commercial syndications. David excels at maintaining relationships with investors, and he is committed to helping people achieve financial freedom through passive investing in multifamily real estate. On this episode of Apartment Building Investing, David joins me to discuss the importance of building relationships with investors and explain what he is doing to turn prospects into raving fans of Nighthawk Equity. He walks us through the steps of raising capital for a deal, describing how we make the process easy for investors and stay in communication after close. Listen in for David’s insight on producing content for potential investors and learn how to leverage strong investor relations to raise money for YOUR next multifamily deal! Key TakeawaysHow to turn prospective investors into raving fans
Why it’s important to build a relationship with investors
How David tracks his conversations with investors
David’s insight on the process of producing content for investors
How Nighthawk goes above and beyond on investor relations
What Nighthawk is doing to recognize strategic investors
What a Nighthawk Equity capital raise campaign looks like
How Nighthawk Equity streamlines the investing process
How David maintains investor relations once a deal closes
David’s advice for syndicators around raising capital
Connect with David MeilanResourcesJoin the Nighthawk Equity Investor Club Download Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? Register for Michael’s Platform Builders Training |
Mon, 1 February 2021
They say that your network is your net worth. And Pat Hiban has proven this to be true over and over again. Making connections through networking and mastermind groups, he has established multiple business partnerships and created more than 30 passive income streams! So, how can we leverage what Pat has learned about building relationships to reach the next level of success in our own lives? Pat is the Cofounder of GoBundance, a business mastermind for healthy, wealthy, generous men who want to lead EPIC lives. A former top-performing real estate agent, Pat was the #1 RE/MAX agent in the world in 2004 and earned the same honor with Keller Williams in 2006, selling more than 4,000 homes worth over one billion dollars in the course of his career. Pat is also the former host of the Real Estate Rockstars Podcast and the author of 6 Steps to 7 Figures and Tribe of Millionaires. On this episode of Apartment Building Investing, Pat joins cohost Garrett Lynch and I to discuss what inspired his initial goal to become a millionaire and share the key lessons from 6 Steps to 7 Figures. He explains how his definition of success has evolved to focus on relationships and describes the power of joining a mastermind community. Listen in for Pat’s insight around building on your successes and learn how networking with other high-performing entrepreneurs can take YOUR business to the next level! Key TakeawaysWhat inspired Pat to become a millionaire
How Pat’s definition of success has changed
Pat’s key lesson from 6 Steps to 7 Figures
The key to Pat’s ongoing success
Pat’s insight around the value of relationships
The idea of horizontal income
What Pat is investing in right now
Connect with Pat HibanResourcesTribe of Millionaires: What If One Choice Could Change Everything? by David Osborn and Pat Hiban Learn More About Michael’s Mentoring Program |
Mon, 25 January 2021
We’ve always said that multifamily is recession-proof, and 2020 gave us a chance to prove it. While the stock market and other asset classes suffered in the pandemic, apartment buildings continue to provide steady cashflow and a safe place to keep our money growing for the long term. So, what can syndicators do to get this message to more people and build a successful real estate investing business? On this episode, I’m sharing the Best of 2020 on the Apartment Building Investing Podcast, beginning with last year’s biggest news—the Coronavirus pandemic. We revisit Drew Kniffin’s thoughts on the risk COVID poses for passive investors, Drew Whitson’s take on why multifamily is still the strongest asset class in real estate, and Russell Gray’s insight on how to protect your wealth in a crisis. We look back at my conversations with Pat Flynn and Amy Porterfield on marketing to investors online and my interview with Gino Wickman around what it takes to be a successful entrepreneur. Listen in for master deal maker Garrett Lynch’s insight on choosing the right market and get inspired by BiggerPockets VP Brandon Turner’s approach to achieving BIG things with tiny action. Key TakeawaysHow COVID is likely to impact passive investors in multifamily
Why multifamily is still the strongest asset class in real estate
What makes real estate a solid investment (even in a crisis)
What to look for in a multifamily real estate market
Who should consider building a thought leadership platform
Why an email list is more valuable than social media followers
How to choose the right lead magnet for your audience
The eight critical mistakes most entrepreneurs make
The eight disciplines for increasing your chances of success
The two kinds of ‘partner people’ in entrepreneurship
Why it’s crucial to have a clear vision for your business
Connect with Drew KniffinConnect with Drew WhitsonDrew at the Michael Blank Mentoring Program Connect with Russell GrayConnect with Garrett LynchConnect with Pat FlynnConnect with Amy PorterfieldConnect with Gino WickmanEntrepreneurial Leap: Do You Have What It Takes to Become an Entrepreneur? by Gino Wickman Connect with Brandon TurnerResourcesDrew Kniffin on Apartment Building Investing EP208 Drew Whitson on Apartment Building Investing EP228 Russell Gray on Apartment Building Investing EP226 Garrett Lynch on Apartment Building Investing EP231 Pat Flynn on Apartment Building Investing EP210 Amy Porterfield on Apartment Building Investing EP212 Gino Wickman on Apartment Building Investing EP243 Brandon Turner on Apartment Building Investing EP221 Bryce Stewart on BiggerPockets Podcast EP276 Find Out More About Deal Maker Live Learn More About Michael’s Mentoring Program Register for Michael’s Platform Builders Workshop What’s the Best Investment: The Stock Market or Real Estate? |
Mon, 18 January 2021
The most successful real estate investors find creative ways to increase their NOI either by adding amenities for residents or reducing expenses. But there is a new opportunity for property owners that you may not be aware of. What if you could earn more money by leasing out a portion of your building for a 5G cell phone tower? Hugh Odom is the Founder and President of Vertical Consultants, a telecom consulting firm that has advised major corporations such as Walmart, McDonald’s and Disney, as well as government institutions like the Department of Veterans Affairs, the New York Housing Authority and the United States Postal Service. Hugh served as an attorney for AT&T for 11-plus years, and today, he leverages his expertise in the telecom industry to help real estate investors earn additional income through cell tower leases. On this episode of Apartment Building Investing, Hugh joins cohost Garrett Lynch and I to explain why the cell tower industry is like oil 100 years ago, discussing what is driving the need for more cell towers and how lucrative a cell tower lease can be for investors. Hugh shares the do’s and don’ts of negotiating a cell tower lease, describing how it differs from a real estate transaction and what Hugh’s team does to help property owners with the process. Listen in to understand why cell tower investing is a safe bet for the long term and learn how YOU can take advantage of the opportunity to be a cell tower landlord! Key TakeawaysWhy the cell tower industry is like oil 100 years ago
What is driving the need for more cell towers
The do’s and don’ts of negotiating a cell tower lease
How lucrative a cell tower lease agreement can be for investors
How Vertical Consultants helps property owners
How to take advantage of this opportunity in cell towers
How 5G towers differ visually from traditional cell towers
The opportunity to become an operator of cell towers
Why cell tower investing is a safe bet for the long term
Who Hugh serves through Vertical Consultants
Connect with Hugh OdomResourcesJoin the Nighthawk Equity Investor Club |
Mon, 11 January 2021
So, you’ve done a multifamily deal or two, and your friends and family are maxed out in the money department. You’re ready to take on bigger and bigger deals, but you’re struggling to raise capital. What is the best way to grow your investor base? Dr. Jeff Anzalone is a full-time practicing periodontist and the creator of Debt-Free Doctor, a platform designed to help doctors and other high-income professionals generate passive income from real estate so they can STOP trading time for money. Jeff started his blog to share how he paid off $300K in student loan debt. But once he was debt-free, Jeff shifted his focus to investing and acquiring streams of passive income through multifamily syndications. Today, he is raising millions in days for real estate deals. On this episode of Apartment Building Investing, Jeff joins cohost Patricia Sweeney and I to discuss how the Debt-Free Doctor has evolved, explaining how he creates content consistently and what he does to promote the platform and grow his investor base. Jeff walks us through the benefit of joining his Passive Investors Circle, describing how he gives doctors and other overworked professionals options for earning passive income. Listen in to understand how serving his audience inspires Jeff to keep going and learn how he raised $2.7M in five days for his latest multifamily deal! Key TakeawaysWhat inspired Jeff’s interest in real estate investing
Jeff’s first experience with real estate investing
How Jeff’s website has evolved over the years
How Jeff got into raising capital for real estate syndications
Who Jeff serves through Debt-Free Doctor
What Jeff has done to grow his list
The benefit of joining Jeff’s Passive Investor Circle
How Jeff comes up with content ideas for his blog
How Jeff produces content consistently
What’s next for Jeff and his real estate platform
Jeff’s advice for syndicators struggling to raise capital
Jeff’s advice for aspiring platform builders
Connect with Jeff AnzaloneJeff’s Passive Investors Circle Jeff’s Free Passive Income Guide ResourcesRegister for Michael’s Platform Builders Incubator Join the Nighthawk Equity Investor Club |
Mon, 4 January 2021
Affirmations are a powerful tool in reaching our goals. They remind us why we do what we do, what we plan to achieve and the kind of person we want to become along the way. So, what does it look like to create an affirmation specific to real estate investing? An affirmation that will keep you on track all year long and make success inevitable? On this episode of Apartment Building Investing, I discuss the value of using affirmations to achieve financial freedom through multifamily real estate. I walk you through the process of constructing an affirmation the right way, describing the activities you can commit to as an aspiring syndicator and challenging you focus on those activities (rather than the outcome). Listen in for insight on taking tiny action toward your goals every day and learn how to build an affirmation that guarantees your success as a real estate investor! Key TakeawaysWhy you should use affirmations to achieve your goals
How to construct an affirmation the right way
The two activities aspiring syndicators can commit to
Why you can’t get emotionally attached to the results
The secret to success in real estate investing
ResourcesDownload Michael’s Affirmation for Multifamily Investors Learn More About Michael’s Mentoring Program Year in Review on Apartment Building Investing EP244 Michael’s 10-Minute Offer Technique |
Mon, 28 December 2020
No question, the hospitality industry is among the hardest hit by COVID-19. And yet, Josh McCallen is thriving. The distressed Renault Winery Resort he bought in December 2018 is sold out for 2021, and revenues are up 200% from last year. So, why is Josh doing well while others are struggling? Are there opportunities for investors in the hospitality space right now? And what can we multifamily syndicators learn from Josh’s others-focused approach to business? Josh is the hospitality investment expert behind Accountable Equity, a firm specializing in resort value-add and turnaround projects, and VIVÂMEE Hospitality, the management company that operates those assets. In the past two decades, Josh has led over $100M in luxury residential and hospitality construction projects, growing the revenue of the resorts he manages by 10X in less than six years and increasing the appraised value of those properties by 70%. On this episode of Apartment Building Investing, Josh joins cohost Garrett Lynch and I to share his journey as an entrepreneur and discuss how helping flippers during the boom evolved into the work he does now. He explains how his company’s focus on resorts (not hotels) has helped them thrive despite the pandemic, describing how his team’s expertise in sales drives the kind of distressed assets they buy. Listen in for insight on the opportunities available to investors in the hospitality space right now and learn how a service-based, ministry model helps Josh serve both his guests and investors well. Key TakeawaysHow Josh got his start as an entrepreneur
When Josh got into real estate
What Josh does in real estate today
What differentiates VIVÂMEE as a management company
Why Josh is doing well despite the pandemic
What Josh looks for in a property
What makes Josh a good operator
How Josh’s others-focused model extends to his investors
How Josh structures a resort deal
Connect with Josh McCallenResourcesJoin the Nighthawk Equity Investor Club Learn More About Michael’s Mentoring Program |
Mon, 21 December 2020
As syndicators, we’d love to work with 1031 exchange investors more often. But the rules make it really, really difficult! It means taking on co-owners (rather than passive investors) and big bucks in legal fees. What if there was an EASIER way to work with 1031 exchange investors? A way that allows them to invest passively in syndication deals, defer their taxes and earn a stable return? Paul Moore is Managing Partner at Wellings Capital, a firm dedicated to helping high earners and high net worth individuals protect and grow their wealth through commercial real estate investing. A two-time Michigan Entrepreneur of the Year finalist, Paul has founded multiple investment and development companies and co-managed a successful multifamily development. He is the cohost of The Art of Investing and How to Lose Money and a regular contributor to both Fox Business and BiggerPockets. On this episode of Apartment Building Investing, Paul joins cohost Drew Whitson and I to discuss the disadvantages of the 1031 exchange and explain what makes the strategy incompatible with syndications. He introduces us to the Delaware Statutory Trust (or DST), describing how it solves the problems associated with bringing in 1031 exchange investors and allows them to invest passively in multifamily deals. Listen in for Paul’s insight on what kind of investor is attracted to the DST and learn how YOU can use it to defer taxes and earn a long-term, stable return! Key TakeawaysThe disadvantages of the 1031 exchange for investors
Why 1031 exchanges are incompatible with syndications
The fundamentals of the Delaware Statutory Trust
The benefits of investing in a DST
The disadvantages of investing in a DST
How Paul’s DST addresses the usual disadvantages
How Paul is compensated as the operator of the DST
What kind of investors are attracted to the DST
The limitations of the Delaware Statutory Trust
Connect with Paul MooreResourcesLearn More About Michael’s Mentoring Program |
Mon, 14 December 2020
Despite the chaos and uncertainty of 2020, we have a lot to be grateful for here at The Michael Blank organization. We have helped 113 people do 128 deals for a total value of $321M. And 22 of our mentees have quit their jobs, thanks to the financial freedom that comes with multifamily real estate investing. On this episode of Apartment Building Investing, I take the time to reflect on 2020, looking back on our key accomplishments in The Michael Blank organization and sharing our top lessons learned over the past 12 months. I discuss our theme for 2021 and explain what steps we’re taking to better serve our followers and turn them into raving fans. Listen in for insight on the multifamily market outlook for 2021 and learn how YOU can use our resources to achieve financial freedom and help us make a positive impact in the world! Key TakeawaysOur key accomplishments for 2020 in The Michael Blank organization
Our top 3 lessons learned in 2020
Our plans for 2021 in The Michael Blank organization
The disconnect between the headlines and our market experience
My predictions around the market outlook for 2021
How you can help us make a positive impact in the world
ResourcesJoin the Nighthawk Equity Investor Club Get Michael’s Ultimate Guide to Apartment Investing Learn More About Michael’s Mentoring Program Sponsor a Student with Uganda Counseling & Support Services Get Your Priorities Straight on Apartment Building Investing EP230 Pat Flynn on Apartment Building Investing EP210 |
Mon, 7 December 2020
Do you have what it takes to be an entrepreneur? If you’re in the early stages of building a multifamily syndication business, Gino Wickman wants to leverage his 30 years of experience to help you determine what kind of enterprise is right for you and accelerate your path to success. Gino is the creator of the Entrepreneurial Operating System, the practical method for helping businesses achieve greatness used by 100K companies worldwide. He is also the bestselling author of Traction: Get a Grip on Your Business and Rocket Fuel: The One Essential Combination That Will Get You More of What You Want from Your Business, among many other groundbreaking books on entrepreneurship. Today, Gino is devoting his time and energy to Entrepreneurial Leap, a new book and online platform designed to help entrepreneurs-in-the-making find clarity and create a customized roadmap for their startup. On this episode of Apartment Building Investing, Gino joins cohost Garrett Lynch and I to share the experience that inspired his work with entrepreneurs, explaining how he defines ‘true entrepreneurship’ and what characteristics successful business owners share. He walks us through the most common mistakes entrepreneurs make, offering advice on knowing what you want, hiring the right people and firing the wrong ones. Listen in for insight on whether or not you’re a ‘partner person’ and get Gino’s eight tips for increasing your chances of success as an aspiring entrepreneur. Key TakeawaysWhat inspired Gino’s work with entrepreneurs
What makes EOS such a successful system
Why Gino wrote his new book Entrepreneurial Leap
How Gino defines true entrepreneurship
The 6 essential traits of a true entrepreneur
The 8 critical mistakes entrepreneurs make
Gino’s advice on hiring the right people
The 8 disciplines for increasing your chances of success
Gino’s insight on the two types of ‘partner people’
Connect with Gino WickmanEntrepreneurial Leap: Do You Have What It Takes to Become an Entrepreneur? by Gino Wickman ResourcesLearn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Traction: Get a Grip on Your Business by Gino Wickman Entrepreneurial Operating System for Business Entrepreneurial Leap: Do You Have What It Takes to Become an Entrepreneur? by Gino Wickman |
Mon, 30 November 2020
What is the key to scaling a real estate investing business? Growing your investor database? Raising more and more capital for deals? Putting together and training a capable team? Yes, all of those things are absolutely necessary. And they all require that you build out systems. Systems that allow the business to run on its own. Jorge Abreu is the Cofounder and CEO of Elevate Commercial Investment Group, a Dallas real estate firm focused on the acquisition of value-add multifamily assets. In his 15-year career, Jorge has flipped 200-plus houses, wholesaled another 100 properties and done $8M in ground-up construction. Since his introduction to multifamily four years ago, Jorge has built a portfolio of 1,700 units worth $125M. On this episode of Apartment Building Investing, Jorge joins cohost Garrett Lynch and I to share the challenges of scaling a single family investing business and discuss what inspired his transition to apartment buildings. He weighs in on the value of networking (online and in-person) to forge new partnerships and build a solid team. Listen in for insight on building systems to grow your business and learn why Jorge recommends skipping single family and getting right into multifamily investing! Key TakeawaysWhat inspired Jorge’s interest in real estate
The challenges of scaling a single family business
How Jorge started over in Dallas after 2008
The value of finding a good partnership
The benefits of multifamily investing
How Jorge attracts and retains team members
When to bring property management in house
Why Jorge runs his own construction company
Jorge’s insight on raising capital for multifamily
What Jorge does to market his syndications
How Jorge manages his investor lists
What’s next for Jorge and the Elevate team
What Jorge would tell his younger self
Connect with Jorge AbreuElevate Commercial Investment Group Email jorge@elevatecig.com ResourcesJoin the Nighthawk Equity Investor Club Learn More About Michael’s Mentoring Program National Real Estate Investors Association |
Mon, 23 November 2020
What is the best way to approach the conversation with potential multifamily investors? How do you communicate the benefits of investing in apartment buildings over other asset classes and assure them that their money is safe with you—even if you’re new to the space? David Kamara is the Founder and Managing Director of Cape Sierra Capital, a multifamily syndication firm out of Ann Arbor, Michigan. He has 15 years of investing experience in the real estate space, getting his start with a portfolio of residential single family and duplex units before transitioning to apartment buildings and townhome communities. Today, David owns 200-plus units and serves as a mentor on the Michael Blank team. On this episode of Apartment Building Investing, David joins cohost Drew Whitson and I to explain how he coaches his mentoring students to approach the conversation with potential investors, describing how multifamily isn’t subject to the same risks as single family rentals. He weighs in on what helps aspiring syndicators believe in their ability to succeed, exploring how knowledge helps us visualize what’s possible but action is key in making it real. Listen in for David’s insight on getting your priorities straight and learn how underwriting to cashflow makes multifamily a good investment no matter what’s going on in the world. Key TakeawaysWhat David’s been up to since his last appearance
What helps aspiring multifamily investors believe it’s possible
How COVID changed the way David talks to investors
How COVID has impacted David’s underwriting
David’s advice around market timing
How David coaches his students on talking to investors
Why David invested in the Platform Builder Incubator
David’s plan to produce content consistently
David’s advice for aspiring multifamily syndicators
Connect with David KamaraDavid’s Free eBook: Personal Cashflow Formula ResourcesLearn More About Michael’s Mentoring Program Register for Michael’s Platform Builder Incubator Join the Nighthawk Equity Investor Club David Karmara on Apartment Building Investing EP182 Michael’s Health Crisis on Apartment Building Investing EP230 |
Mon, 16 November 2020
A lot of would-be multifamily syndicators get stuck, sometimes out of fear and sometimes because they want to plan every step of the process before they dive in. But that’s not how entrepreneurship works! In fact, the most successful real estate investors are the ones who are willing to put themselves out there and learn by doing—taking consistent, imperfect action. Matt Brawner is Managing Partner at Minnesota Capital Management and Northwoods Servicing, a real estate investing firm and property management company based in Coon Rapids, Minnesota. Matt and his partners have achieved considerable success turning their $5K investments into a portfolio worth more than $20M, but his greatest passion is teaching. To that end, Matt now serves as a mentor with the Michael Blank organization. On this episode of Apartment Building Investing, Matt joins cohost Drew Whitson and I to explain how he got into real estate, discussing how he formed a successful partnership with five other investors and what inspired their transition from townhomes to multifamily properties. He introduces us to the idea of setting up debt funds to raise capital and shares the pros and cons of having your own property management company. Listen in for Matt’s insight on scaling a multifamily business and learn how YOU can get unstuck and get into ACTION to become a successful real estate syndicator! Key TakeawaysWhat inspired Matt to become a mentor
How Matt got into real estate
What makes for a good partnership
Matt’s transition from townhomes to multifamily
Why Matt’s team had set up debt funds
Matt’s top lessons learned in real estate investing
The benefits of having a property management company
Matt’s advice on property management for new investors
The traits of a successful multifamily syndicator
Matt’s insight on underwriting post-COVID
What aspiring investors get stuck on
The challenges Matt faces in scaling his business
Connect with Matt BrawnerEmail matt@nwsproperties.com ResourcesLearn More About Michael’s Mentoring Program Download Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? Traction: Get a Grip on Your Business by Gino Wickman |
Mon, 9 November 2020
So, you’ve got some experience in single family rentals. And you KNOW that multifamily investing would help you achieve financial freedom on an accelerated timeline. But you just don’t BELIEVE that you can do it. What can you do to overcome that hurdle and develop the confidence to take on your first deal? Jeremy LeMere is the Principal at Star Capital Management Group, an equity real estate investment firm based in DePere, Wisconsin. He began his investing career over a decade ago, rehabbing single family and duplex properties. Since then, he has grown his personal portfolio to include multifamily, self-storage and commercial assets. Jeremy recently quit his corporate engineering job to pursue real estate full time, and he also serves as a mentor with the Michael Blank organization. On this episode of Apartment Building Investing, Jeremy joins me to explain how seeing his net worth drop during the Great Recession inspired his interest in real estate. He walks us through his early investments in single family homes and duplexes, discussing why he made the shift to multifamily to replace his W-2 income much faster. Listen in for Jeremy’s insight on raising capital with an online platform and learn how YOU can leverage mentorship to overcome limiting beliefs and invest in your first multifamily deal! Key TakeawaysWhat inspired Jeremy’s interest in real estate
Jeremy’s initial real estate investing strategy
How Jeremy funded his investments without bank loans
What inspired Jeremy’s shift to multifamily
How Jeremy got started with multifamily
The timeline on Jeremy’s first multifamily deal
The opportunities Jeremy identified in his first deal
Jeremy’s approach to quitting his corporate job
How Jeremy’s life is different as a full-time investor
Jeremy’s decision to add self-storage to his portfolio
How Jeremy raised money for the self-storage opportunity
Why Jeremy is building a platform to raise capital
What Jeremy is working on right now
Connect with Jeremy LeMereResourcesLearn More About Michael’s Mentoring Program Register for Michael’s Platform Builders Incubator The 4-Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss |
Mon, 2 November 2020
How do you land your first syndication deal without a track record in multifamily? Well, it all starts with networking. Networking with brokers. Networking with potential investors. Networking with other multifamily operators. And if you can get plugged a real estate investing community, you can leverage the knowledge and experience of investors who’ve been where you want to go and fast-track your success! Barry Flavin is a mentor with the Michael Blank organization and Managing Partner at New Mission Capital, a multifamily investment firm out of Detroit, Michigan. He got his start in real estate eight years ago, building a portfolio of 30 single family rentals before making the shift to multifamily. Barry has a background in software sales and spent six years working as an air traffic controller before discovering real estate, and today, he owns 387 units, leveraging his expertise in investor relations to grow the business. On this episode of Apartment Building Investing, Barry joins cohost Drew Whitson and I to explain how an air traffic controller ends up in real estate, walking us through his transition from building a portfolio of single family rentals to raising capital for large multifamily deals. He discusses the advantages of focusing his investments in a single market, describing how he found his partner, Josh, and what they do to secure consistent deal flow. Listen in for Barry’s insight on avoiding expensive mistakes with 1:1 mentoring and find out how YOU can accelerate your success through the Michael Blank community. Key TakeawaysWhat inspired Barry’s interest real estate
Barry’s initial real estate investing strategy
How Josh funded his early real estate investments
How Barry and Josh structure their partnership
How Barry raised $2.8M for his first 144-unit deal
Barry’s advice on making a capital raise less stressful
How Barry benefits from focusing on the Detroit market
Barry’s advice for aspiring investors without a track record
The #1 thing new syndicators need to do to be successful
Barry’s insight on having in-house property management
How Barry thinks about adding to his team
Barry’s take on goal setting for multifamily
Barry’s advice to his younger self
Barry’s advice for aspiring multifamily investors
Connect with Barry FlavinEmail barry@newmissioncapital.com ResourcesLearn More About Michael’s Mentoring Program Josh Sterling on Apartment Building Investing EP091 Josh Gozlan on Apartment Building Investing EP078 |
Mon, 26 October 2020
Wish you could attract an audience of engaged, eager investors like we do at Nighthawk Equity? Have you thought about building a thought leadership platform but rejected the idea because you’re not a writer or a techie? Or because you don’t like the way you look or sound on camera? Are you ready to get over those false beliefs and scale your capital raise in a matter of months? Patricia Sweeney is the Marketing Automation Consultant behind Ideally Media Group, a firm that helps entrepreneurs and business owners implement content marketing systems to attract more of the right clients and significantly increase their revenue. With 10-plus years of experience in online marketing, Patricia has been the secret weapon behind some of the biggest names in the digital marketing space. She is also part of the Michael Blank team, working hands-on with the students in our Platform Builders program. On this episode of Apartment Building Investing, Patricia joins me to discuss the limiting beliefs that stop syndicators from building an online thought leadership platform. She explains why you DO have time and why you CAN justify the investment, describing how our students are attracting new investors—sometimes even before the program is over! Listen in for Patricia’s insight on avoiding the biggest mistakes syndicators make in building a platform and learn how YOU can scale your capital raise through our Platform Builder Incubator. Key TakeawaysThe advantages we have around platform building in 2020
What limiting beliefs stop syndicators from building a platform
Why you DO have time to build a thought leadership platform
Why you aren’t really saving money by doing it yourself
Why you CAN justify the investment in building a platform
The biggest mistakes syndicators make in building a platform
My advice on avoiding overwhelm in building a platform
Connect with Patricia SweeneyResourcesRegister for Michael’s Live Webinar on 10/28 Register for Michael’s Platform Builder Incubator Join the Nighthawk Equity Investor Club Download Michael’s Free Report—What’s the Best Investment: The Stock Market or Real Estate? |
Mon, 19 October 2020
Time is precious. Are you spending your days doing what you love with the people you love? What if multifamily real estate could help you do just that? What if you could achieve financial freedom fast—regardless of your current financial situation? Megan Lamke is Managing Partner at Megan Lamke Real Estate, a firm that helps driven women turn their grit into true financial growth. She built a network of real estate investors working for Wells Fargo Home Mortgage, and once she and her husband, Darik, had paid off their personal debt ($535K in under 5 years!), they started investing passively in multifamily syndications. Megan quit her corporate job to pursue active investing full-time in April of 2019, and today, the Lamkes have a portfolio of 1,491 units valued at $344M. On this episode of Apartment Building Investing, Megan joins me to explain why she took a W-2 job after college (despite wanting to become a real estate entrepreneur) and what she and Darik did to live below their means and pay off their debt so fast. She describes what she did to find a good operator as a passive investor and how she leveraged her sales and marketing background to transition to active investing. Listen in for Megan’s insight on how to raise capital at scale with a platform and learn how YOU can achieve financial freedom and spend time doing what you love! Key TakeawaysWhen Megan started thinking about real estate
Why Megan took a W-2 job after college
What Megan and her husband did to live below their means
How Megan and her husband got on the same page financially
How Megan’s strategy shifted once she was out of debt
Megan’s advice on finding a good multifamily operator
What Megan’s last day of work was like
How Megan’s life is different now that she’s a full-time investor
What active investing looks like for Megan
What Megan has done to scale her capital raise efforts
What Megan is doing to attract prospective investors to her platform
How Megan describes her ideal investor
How the automation works to turn interested prospects into investors
How much capital Megan has raised through her online platform
How raising capital looks different now that Megan has a platform
Connect with Megan LamkeMegan’s No-Nonsense Women’s Guide to Investing ResourcesRegister for Michael’s Platform Builder Incubator Join the Nighthawk Equity Investor Club Rich Dad Poor Dad by Robert T. Kiyosaki Business Professionals of America |