Tue, 5 October 2021
Michael Blank is a multifamily Syndicator. Michael is an entrepreneur who is passionate about helping people become financially free through real estate investing. He’s the author of the Amazon bestseller “Financial Freedom with Real Estate Investing” and host of the popular Apartment Buildings Investing Podcast. As CEO of Nighthawk Equity, he controls over $200M in performing multifamily assets all over the United States.
Quote: “What we’ve discovered is...in the beginning you want to get to anywhere you can find a deal. It doesn't really matter as long as the area is growing, but after a while when you’re trying to scale, you really want economies to scale. I don't want just 2 deals in a market or 1 deal. I want 5-10, I want 1000 units in one market.” “What really really works well in the multifamily space is broker relationships. Broker relationships are absolutely key…"
Highlights: 02:33 - Michael offers listeners insight into his background and how he entered the real estate space. 05:29 - Michael discusses his endeavors in the restaurant business and what went wrong. 07:10 - Michael talks about what markets his company is drawn towards talks. 09:45 - Michael tells us about finding opportunities in today's real estate climate. 13:52 - Michael paints a simple plan for people looking to build relationships. 16:23 - Michael speaks towards selling off assets. 19:03 - Michael talks about his company’s business model. 22:38 - Michael discusses debt and flexible exit strategies. 33:25 - Michael answers Kevin’s golden nugget question!
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